Meragi Terrace, Simei, East Region, Singapore
$13,000,000
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Total Transactions
8
Average Price
S3.5M
Total Value
S27.9M
Calculating fair value from URA transaction data…
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Automated Valuation based on 111 HDB resale transactions (data.gov.sg)
Fair Value
S$5.28M
S$480 psf
Asking Price
S$13.00M
S$2,097 psf
vs Market
+146.0%
vs Last Done
+194.5%
Tenure
50 yrs
99-year Leasehold · Balance remaining
Confidence
High
111 comps
Nearest MRT
Upper Changi
415m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
111 comparable transactions
S$640
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.714
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$480
Recent Comparable Transactions
10 shown · 111 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 10B BEDOK STH AVE 2 Floor 07 TO 09 | 1,518sqft | S$1,080,000 | ▲S$712 +48.3% vs FV | 99yr from 1995 |
Apr 2026 | Blk 10B BEDOK STH AVE 2 Floor 07 TO 09 | 1,518sqft | S$1,080,000 | ▲S$712 +48.3% vs FV | 99yr from 1995 |
Dec 2025 | Blk 10B BEDOK STH AVE 2 Floor 04 TO 06 | 1,561sqft | S$1,000,000 | ▲S$641 +33.5% vs FV | 99yr from 1995 |
Dec 2025 | Blk 106 LENGKONG TIGA Floor 01 TO 03 | 1,572sqft | S$1,200,000 | ▲S$764 +59.2% vs FV | 99yr from 1989 |
Sep 2025 | Blk 108 LENGKONG TIGA Floor 04 TO 06 | 1,572sqft | S$1,230,000 | ▲S$783 +63.1% vs FV | 99yr from 1989 |
Jul 2025 | Blk 10E BEDOK STH AVE 2 Floor 01 TO 03 | 1,572sqft | S$975,000 | ▲S$620 +29.2% vs FV | 99yr from 1993 |
Jun 2025 | Blk 108 LENGKONG TIGA Floor 04 TO 06 | 1,572sqft | S$1,210,800 | ▲S$770 +60.4% vs FV | 99yr from 1989 |
May 2025 | Blk 10D BEDOK STH AVE 2 Floor 22 TO 24 | 1,539sqft | S$1,240,000 | ▲S$806 +67.9% vs FV | 99yr from 1995 |
Apr 2025 | Blk 108 LENGKONG TIGA Floor 01 TO 03 | 1,658sqft | S$1,196,000 | ▲S$722 +50.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 106 LENGKONG TIGA Floor 07 TO 09 | 1,658sqft | S$1,270,000 | ▲S$766 +59.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 108 LENGKONG TIGA Floor 04 TO 06 | 1,572sqft | S$1,188,000 | ▲S$756 +57.5% vs FV | 99yr from 1989 |
Blk 10B BEDOK STH AVE 2
Apr 2026 · Floor 07 TO 09
+48.3% vs FV
Blk 10B BEDOK STH AVE 2
Apr 2026 · Floor 07 TO 09
+48.3% vs FV
Blk 10B BEDOK STH AVE 2
Dec 2025 · Floor 04 TO 06
+33.5% vs FV
Blk 106 LENGKONG TIGA
Dec 2025 · Floor 01 TO 03
+59.2% vs FV
Blk 108 LENGKONG TIGA
Sep 2025 · Floor 04 TO 06
+63.1% vs FV
Blk 10E BEDOK STH AVE 2
Jul 2025 · Floor 01 TO 03
+29.2% vs FV
Blk 108 LENGKONG TIGA
Jun 2025 · Floor 04 TO 06
+60.4% vs FV
Blk 10D BEDOK STH AVE 2
May 2025 · Floor 22 TO 24
+67.9% vs FV
Blk 108 LENGKONG TIGA
Apr 2025 · Floor 01 TO 03
+50.4% vs FV
Blk 106 LENGKONG TIGA
Apr 2025 · Floor 07 TO 09
+59.6% vs FV
Blk 108 LENGKONG TIGA
Apr 2025 · Floor 04 TO 06
+57.5% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property located in Bedok, with a remaining lease of 50 years, stands at an estimated value of $5,283,704, equating to a price per square foot (PSF) of $480. This valuation is indicative of a robust demand in the Bedok region, as it reflects a significant premium of 146% above the baseline market price. Such a disparity signals strong investor confidence and an active resale market, particularly in a district that is known for its accessibility and amenities.
With model confidence rated as high, this valuation is substantiated by an analysis of 111 recent HDB resale transactions in the vicinity. The elevated price point is indicative of a market that is not only resilient but is also attracting buyers willing to pay a premium for properties that offer both substantial remaining lease and desirable location. As the Singapore real estate landscape continues to evolve, properties like this HDB Executive in Bedok exemplify the trends of increasing demand amidst limited supply, showcasing the dynamic interplay of lease longevity and market desirability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.