Chwee Chian Road, Pasir Panjang 2, Central Region, Singapore
$990









1.Common room with balcony. Single $1580. (room 2, on L2). Immediate. 2.Budget room with air con. $990. Available 14/1/26. (Rm B)
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Total Transactions
6
Average Price
S4.2M
Total Value
S25.2M
Calculating fair value from URA transaction data…


License: L3009250K
Estimated sale value based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$189,321
S$947 psf
Asking Price
S$990
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.2%
Tenure
71 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Pasir Panjang
419m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$889
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.014
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$947
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 108 BT PURMEI RD Floor 10 TO 12 | 1,119sqft | S$720,000 | ▼S$643 -32.1% vs FV | 99yr from 1984 |
Mar 2026 | Blk 108 BT PURMEI RD Floor 10 TO 12 | 1,119sqft | S$720,000 | ▼S$643 -32.1% vs FV | 99yr from 1984 |
Mar 2026 | Blk 110A DEPOT RD Floor 10 TO 12 | 990sqft | S$870,000 | ▼S$879 -7.2% vs FV | 99yr from 2017 |
Mar 2026 | Blk 53 HAVELOCK RD Floor 31 TO 33 | 1,012sqft | S$1,148,000 | ▲S$1,135 +19.9% vs FV | 99yr from 2013 |
Mar 2026 | Blk 53 HAVELOCK RD Floor 22 TO 24 | 1,023sqft | S$1,160,000 | ▲S$1,134 +19.7% vs FV | 99yr from 2013 |
Mar 2026 | Blk 96A HENDERSON RD Floor 13 TO 15 | 893sqft | S$938,000 | ▲S$1,050 +10.9% vs FV | 99yr from 2019 |
Mar 2026 | Blk 119C KIM TIAN RD Floor 07 TO 09 | 990sqft | S$920,000 | ▼S$929 -1.9% vs FV | 99yr from 2003 |
Mar 2026 | Blk 14A TELOK BLANGAH CRES Floor 13 TO 15 | 1,087sqft | S$825,000 | ▼S$759 -19.9% vs FV | 99yr from 1999 |
Mar 2026 | Blk 90B TELOK BLANGAH ST 31 Floor 13 TO 15 | 1,001sqft | S$928,000 | ▼S$927 -2.1% vs FV | 99yr from 2018 |
Mar 2026 | Blk 90A TELOK BLANGAH ST 31 Floor 07 TO 09 | 1,001sqft | S$919,000 | ▼S$918 -3.1% vs FV | 99yr from 2018 |
Mar 2026 | Blk 90A TELOK BLANGAH ST 31 Floor 25 TO 27 | 1,001sqft | S$1,040,000 | ▲S$1,039 +9.7% vs FV | 99yr from 2018 |
Blk 108 BT PURMEI RD
Mar 2026 · Floor 10 TO 12
-32.1% vs FV
Blk 108 BT PURMEI RD
Mar 2026 · Floor 10 TO 12
-32.1% vs FV
Blk 110A DEPOT RD
Mar 2026 · Floor 10 TO 12
-7.2% vs FV
Blk 53 HAVELOCK RD
Mar 2026 · Floor 31 TO 33
+19.9% vs FV
Blk 53 HAVELOCK RD
Mar 2026 · Floor 22 TO 24
+19.7% vs FV
Blk 96A HENDERSON RD
Mar 2026 · Floor 13 TO 15
+10.9% vs FV
Blk 119C KIM TIAN RD
Mar 2026 · Floor 07 TO 09
-1.9% vs FV
Blk 14A TELOK BLANGAH CRES
Mar 2026 · Floor 13 TO 15
-19.9% vs FV
Blk 90B TELOK BLANGAH ST 31
Mar 2026 · Floor 13 TO 15
-2.1% vs FV
Blk 90A TELOK BLANGAH ST 31
Mar 2026 · Floor 07 TO 09
-3.1% vs FV
Blk 90A TELOK BLANGAH ST 31
Mar 2026 · Floor 25 TO 27
+9.7% vs FV
HELIOS AI Analysis
<p>The HDB 4-room flat in Bukit Merah, with a remaining lease of 71 years, is currently valued at an estimated $189,321, which translates to $947 per square foot (PSF). This valuation is indicative of a stable market environment, as it reflects a 0% difference from the baseline market price, suggesting a balanced demand and supply dynamic within the vicinity. The model's high confidence rating, based on an extensive analysis of 500 recent HDB resale transactions, reinforces the reliability of this valuation, positioning it as a strong investment opportunity for prospective buyers.</p> <p>This specific property is strategically located in Bukit Merah, an area recognized for its accessibility and community vibrancy, further enhancing its appeal. The remaining lease of 71 years is noteworthy; while some buyers may be cautious about lease durations, the relatively long lease remaining on this flat mitigates concerns regarding future lease decay. Overall, the current market signals and robust valuation metrics suggest that this HDB flat is not only a viable residential option but also a sound asset for long-term capital appreciation in Singapore's competitive real estate landscape.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.