Eng Hoon Street, Tiong Bahru, Central Region, Singapore
$5,000,000
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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$2.37M
S$895 psf
Asking Price
S$5.00M
S$5,624 psf
vs Market
+110.8%
vs Last Done
+545.7%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
Low
7 comps
Nearest MRT
Tiong Bahru
752m away · +2% 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)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$895
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 -2.7% vs FV | 99yr from 1995 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▼S$871 -2.7% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▼S$749 -16.3% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▼S$822 -8.2% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▼S$864 -3.5% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▼S$865 -3.4% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▼S$836 -6.6% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▼S$842 -5.9% vs FV | 99yr from 1995 |
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
-2.7% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
-2.7% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
-16.3% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
-8.2% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
-3.5% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
-3.4% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
-6.6% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
-5.9% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive flat in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $2,371,512, translating to $895 PSF. This valuation is notably positioned above the market baseline, reflecting a significant premium of 110.8%. Such a pronounced divergence from the baseline indicates a robust demand for HDB properties in this region, which is characterized by its strategic location and proximity to key amenities and transport links.
However, it is important to note that the model confidence for this valuation remains low, based on an analysis of only 7 recent HDB resale transactions in the vicinity. This limited dataset may introduce variability in the valuation, suggesting that market dynamics could be influenced by recent fluctuations in buyer sentiment or local economic conditions. As Queenstown continues to evolve as a desirable residential area, potential buyers should consider the implications of the remaining lease and market trends when evaluating this property for investment or residency.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.