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Total Transactions
39
Average Price
S2.6M
Total Value
S103.3M
Calculating fair value from URA transaction data…


License: L3008022J
Automated Valuation based on 146 URA transactions · 20 outliers removed (IQR)
Fair Value
S$5.40M
S$895 psf
Asking Price
S$9.99M
S$1,657 psf
vs Market
+85.1%
vs Last Done
-5.0%
Tenure
79 yrs
99-year Leasehold · Balance remaining
Confidence
High
146 comps
Nearest MRT
Tanjong Pagar
3004m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
146 comparable transactions
S$1,761
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.508
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$895
Recent Comparable Transactions
10 shown · 146 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | OCEAN WAY Floor 01-05 | 2,067sqft | S$3,606,400 | ▲S$1,745 +95.0% vs FV | 99 yrs lease commencing from 2006 |
Aug 2025 | OCEAN WAY Floor 01-05 | 2,067sqft | S$3,606,400 | ▲S$1,745 +95.0% vs FV | 99 yrs lease commencing from 2006 |
Jun 2025 | OCEAN WAY Floor 01-05 | 1,238sqft | S$2,380,000 | ▲S$1,923 +114.9% vs FV | 99 yrs lease commencing from 2006 |
May 2025 | OCEAN WAY Floor 01-05 | 2,067sqft | S$3,799,600 | ▲S$1,838 +105.4% vs FV | 99 yrs lease commencing from 2006 |
May 2025 | OCEAN WAY Floor 01-05 | 1,658sqft | S$3,042,000 | ▲S$1,835 +105.0% vs FV | 99 yrs lease commencing from 2006 |
May 2025 | OCEAN WAY Floor 01-05 | 1,658sqft | S$2,776,000 | ▲S$1,675 +87.2% vs FV | 99 yrs lease commencing from 2006 |
Apr 2025 | OCEAN DRIVE Floor 01-05 | 1,711sqft | S$2,900,000 | ▲S$1,694 +89.3% vs FV | 99 yrs lease commencing from 2005 |
Mar 2025 | OCEAN DRIVE Floor 01-05 | 1,765sqft | S$3,050,000 | ▲S$1,728 +93.1% vs FV | 99 yrs lease commencing from 2005 |
Feb 2025 | CORAL ISLAND Floor - | 7,934sqft | S$14,800,000 | ▲S$1,865 +108.4% vs FV | 99 yrs lease commencing from 2007 |
Feb 2025 | OCEAN WAY Floor 01-05 | 2,422sqft | S$4,370,000 | ▲S$1,804 +101.6% vs FV | 99 yrs lease commencing from 2006 |
Feb 2025 | OCEAN WAY Floor 01-05 | 1,658sqft | S$2,966,700 | ▲S$1,790 +100.0% vs FV | 99 yrs lease commencing from 2006 |
OCEAN WAY
Aug 2025 · Floor 01-05
+95.0% vs FV
OCEAN WAY
Aug 2025 · Floor 01-05
+95.0% vs FV
OCEAN WAY
Jun 2025 · Floor 01-05
+114.9% vs FV
OCEAN WAY
May 2025 · Floor 01-05
+105.4% vs FV
OCEAN WAY
May 2025 · Floor 01-05
+105.0% vs FV
OCEAN WAY
May 2025 · Floor 01-05
+87.2% vs FV
OCEAN DRIVE
Apr 2025 · Floor 01-05
+89.3% vs FV
OCEAN DRIVE
Mar 2025 · Floor 01-05
+93.1% vs FV
CORAL ISLAND
Feb 2025 · Floor -
+108.4% vs FV
OCEAN WAY
Feb 2025 · Floor 01-05
+101.6% vs FV
OCEAN WAY
Feb 2025 · Floor 01-05
+100.0% vs FV
HELIOS AI Analysis
Based on 146 URA transactions (20 outliers removed), adjusted for: Tenure decay (49.2% discount)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.