Shepherds Drive, Mei Chin, Central Region, Singapore
$11,500,000
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 7 HDB resale transactions (data.gov.sg) · 3 outliers removed (IQR)
Fair Value
S$5.09M
S$727 psf
Asking Price
S$11.50M
S$2,181 psf
vs Market
+126.0%
vs Last Done
+150.4%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
7 comps
Nearest MRT
Queenstown
353m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
7 comparable transactions
S$836
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$727
Recent Comparable Transactions
7 shown · 7 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +19.8% vs FV | 99yr from 1995 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +19.8% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▲S$749 +3.0% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▲S$822 +13.1% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▲S$864 +18.8% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▲S$865 +19.0% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▲S$836 +15.0% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▲S$842 +15.8% vs FV | 99yr from 1995 |
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+19.8% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+19.8% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
+3.0% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
+13.1% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
+18.8% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
+19.0% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
+15.0% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
+15.8% vs FV
HELIOS AI Analysis
The HDB Executive unit located in Queenstown presents a compelling valuation of $5,088,704, translating to approximately $727 PSF. This valuation notably exceeds the market baseline by an impressive 126%, indicating a robust demand for properties in this esteemed area. However, it is essential to approach this valuation with caution, as the model confidence is categorized as low, suggesting potential volatility in market conditions and a need for further scrutiny of comparable transactions.
With a remaining lease of 58 years, the property sits within a dynamic segment of the HDB market, which has exhibited fluctuating trends influenced by various socio-economic factors. The valuation is based on an analysis of seven recent HDB resale transactions within the vicinity, underscoring the localized demand that may not fully reflect the broader market trends. Buyers and investors should consider the implications of the remaining lease length, as it could affect both the liquidity and long-term value appreciation of the property. The above-market valuation signals a premium placed on this HDB Executive unit, likely driven by its strategic location and the potential for future developments in Queenstown.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.