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Total Transactions
3
Average Price
S18.5M
Total Value
S55.4M
Calculating fair value from URA transaction data…
Automated Valuation based on 284 URA transactions · 15 outliers removed (IQR)
Fair Value
S$12.06M
S$1,246 psf
Asking Price
S$26.50M
S$3,575 psf
vs Market
+119.8%
vs Last Done
+96.5%
Tenure
89 yrs
99-year Leasehold · Balance remaining
Confidence
High
284 comps
Nearest MRT
Tanjong Pagar
2830m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
284 comparable transactions
S$1,715
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.727
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,246
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF | Floor | Tenure |
|---|---|---|---|---|---|---|
| LAST DONE2025-08 | OCEAN DRIVE | 7,637 | S$13,888,888 | S$1,819 | - | 99 yrs lease commencing from 2004 |
| 2025-08 | OCEAN DRIVE | 7,637 | S$13,888,888 | S$1,819 | - | 99 yrs lease commencing from 2004 |
| 2025-08 | OCEAN WAY | 2,067 | S$3,606,400 | S$1,745 | 01-05 | 99 yrs lease commencing from 2006 |
| 2025-08 | OCEAN DRIVE | 1,216 | S$2,180,000 | S$1,792 | 06-10 | 99 yrs lease commencing from 2005 |
| 2025-07 | OCEAN DRIVE | 1,711 | S$2,950,000 | S$1,724 | 06-10 | 99 yrs lease commencing from 2005 |
| 2025-06 | OCEAN WAY | 1,238 | S$2,380,000 | S$1,923 | 01-05 | 99 yrs lease commencing from 2006 |
| 2025-06 | OCEAN DRIVE | 1,711 | S$2,740,000 | S$1,601 | 01-05 | 99 yrs lease commencing from 2005 |
| 2025-05 | OCEAN DRIVE | 2,357 | S$3,250,000 | S$1,379 | 01-05 | 99 yrs lease commencing from 2006 |
| 2025-05 | OCEAN WAY | 2,067 | S$3,799,600 | S$1,838 | 01-05 | 99 yrs lease commencing from 2006 |
| 2025-05 | OCEAN WAY | 1,658 | S$3,042,000 | S$1,835 | 01-05 | 99 yrs lease commencing from 2006 |
| 2025-05 | OCEAN WAY | 1,658 | S$2,776,000 | S$1,675 | 01-05 | 99 yrs lease commencing from 2006 |
Showing 10 most recent transactions from 284 total comparables used in valuation.
HELIOS AI Analysis
Based on 284 URA transactions (15 outliers removed), adjusted for: Tenure decay (27.3% discount)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.