Jalan Raja Udang, Balestier, Central Region, Singapore
$8,288,000
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Total Transactions
12
Average Price
S1.3M
Total Value
S15.6M
Calculating fair value from URA transaction data…
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Automated Valuation based on 73 HDB resale transactions (data.gov.sg) · 3 outliers removed (IQR)
Fair Value
S$3.52M
S$837 psf
Asking Price
S$8.29M
S$3,674 psf
vs Market
+135.8%
vs Last Done
+365.7%
Tenure
73 yrs
99-year Leasehold · Balance remaining
Confidence
High
73 comps
Nearest MRT
Toa Payoh
778m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
73 comparable transactions
S$787
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.043
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$837
Recent Comparable Transactions
10 shown · 73 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 231 BISHAN ST 23 Floor 07 TO 09 | 1,572sqft | S$1,240,000 | ▼S$789 -5.7% vs FV | 99yr from 1992 |
May 2026 | Blk 231 BISHAN ST 23 Floor 07 TO 09 | 1,572sqft | S$1,240,000 | ▼S$789 -5.7% vs FV | 99yr from 1992 |
May 2026 | Blk 401 SIN MING AVE Floor 01 TO 03 | 1,668sqft | S$1,140,000 | ▼S$683 -18.4% vs FV | 99yr from 1985 |
Apr 2026 | Blk 257 BISHAN ST 22 Floor 07 TO 09 | 1,625sqft | S$1,350,000 | ▼S$831 -0.7% vs FV | 99yr from 1992 |
Apr 2026 | Blk 261 BISHAN ST 22 Floor 04 TO 06 | 1,572sqft | S$1,268,000 | ▼S$807 -3.6% vs FV | 99yr from 1992 |
Apr 2026 | Blk 208 BISHAN ST 23 Floor 01 TO 03 | 1,572sqft | S$1,240,000 | ▼S$789 -5.7% vs FV | 99yr from 1992 |
Mar 2026 | Blk 257 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,080,000 | ▼S$678 -19.0% vs FV | 99yr from 1992 |
Mar 2026 | Blk 301 SHUNFU RD Floor 10 TO 12 | 1,582sqft | S$1,420,000 | ▲S$897 +7.2% vs FV | 99yr from 1985 |
Feb 2026 | Blk 257 BISHAN ST 22 Floor 01 TO 03 | 1,572sqft | S$1,168,000 | ▼S$743 -11.2% vs FV | 99yr from 1992 |
Jan 2026 | Blk 160 BISHAN ST 13 Floor 01 TO 03 | 1,636sqft | S$1,350,000 | ▼S$825 -1.4% vs FV | 99yr from 1987 |
Jan 2026 | Blk 187 BISHAN ST 13 Floor 07 TO 09 | 1,572sqft | S$1,398,888 | ▲S$890 +6.3% vs FV | 99yr from 1987 |
Blk 231 BISHAN ST 23
May 2026 · Floor 07 TO 09
-5.7% vs FV
Blk 231 BISHAN ST 23
May 2026 · Floor 07 TO 09
-5.7% vs FV
Blk 401 SIN MING AVE
May 2026 · Floor 01 TO 03
-18.4% vs FV
Blk 257 BISHAN ST 22
Apr 2026 · Floor 07 TO 09
-0.7% vs FV
Blk 261 BISHAN ST 22
Apr 2026 · Floor 04 TO 06
-3.6% vs FV
Blk 208 BISHAN ST 23
Apr 2026 · Floor 01 TO 03
-5.7% vs FV
Blk 257 BISHAN ST 22
Mar 2026 · Floor 04 TO 06
-19.0% vs FV
Blk 301 SHUNFU RD
Mar 2026 · Floor 10 TO 12
+7.2% vs FV
Blk 257 BISHAN ST 22
Feb 2026 · Floor 01 TO 03
-11.2% vs FV
Blk 160 BISHAN ST 13
Jan 2026 · Floor 01 TO 03
-1.4% vs FV
Blk 187 BISHAN ST 13
Jan 2026 · Floor 07 TO 09
+6.3% vs FV
HELIOS AI Analysis
The valuation of the Executive HDB in Bishan, with a remaining lease of 73 years, stands at an impressive estimated value of $3,515,141, translating to $837 PSF. This valuation is indicative of a robust demand within this highly sought-after locality, as evidenced by a significant market signal that is 135.8% above the baseline. Such a premium reflects the unique attributes of the Bishan estate, where accessibility, community amenities, and educational institutions converge to create an attractive living environment.
With a model confidence rating classified as high, this valuation is substantiated by an analysis of 73 recent HDB resale transactions in the vicinity. The data suggests a resilient market dynamic, characterized by a continuous upward trend in executive HDB prices. The remaining lease of 73 years is a critical factor, offering prospective buyers a considerable tenure that aligns with long-term investment strategies. As the demand for HDB properties in Bishan remains robust, this valuation serves as a testament to the area's enduring appeal and potential for future appreciation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.