Meragi Road, Simei, East Region, Singapore
$6,200,000
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Total Transactions
8
Average Price
S3.5M
Total Value
S27.9M
Calculating fair value from URA transaction data…
Automated Valuation based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$2.73M
S$489 psf
Asking Price
S$6.20M
S$2,666 psf
vs Market
+126.8%
vs Last Done
+348.8%
Tenure
50 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Upper Changi
415m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$652
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$489
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 131 BEDOK NTH AVE 3 Floor 16 TO 18 | 990sqft | S$588,000 | ▲S$594 +21.5% vs FV | 99yr from 1978 |
Mar 2026 | Blk 131 BEDOK NTH AVE 3 Floor 16 TO 18 | 990sqft | S$588,000 | ▲S$594 +21.5% vs FV | 99yr from 1978 |
Mar 2026 | Blk 93 BEDOK NTH AVE 4 Floor 01 TO 03 | 990sqft | S$517,888 | ▲S$523 +7.0% vs FV | 99yr from 1979 |
Mar 2026 | Blk 180 BEDOK NTH RD Floor 01 TO 03 | 990sqft | S$715,000 | ▲S$722 +47.6% vs FV | 99yr from 2006 |
Mar 2026 | Blk 185 BEDOK NTH RD Floor 01 TO 03 | 990sqft | S$708,000 | ▲S$715 +46.2% vs FV | 99yr from 2005 |
Mar 2026 | Blk 427 BEDOK NTH RD Floor 01 TO 03 | 990sqft | S$490,000 | ▲S$495 +1.2% vs FV | 99yr from 1979 |
Mar 2026 | Blk 82 BEDOK NTH RD Floor 10 TO 12 | 990sqft | S$560,000 | ▲S$565 +15.5% vs FV | 99yr from 1978 |
Mar 2026 | Blk 127 BEDOK NTH ST 2 Floor 10 TO 12 | 893sqft | S$485,000 | ▲S$543 +11.0% vs FV | 99yr from 1978 |
Mar 2026 | Blk 187B BEDOK NTH ST 4 Floor 07 TO 09 | 1,001sqft | S$833,000 | ▲S$832 +70.1% vs FV | 99yr from 2018 |
Mar 2026 | Blk 187A BEDOK NTH ST 4 Floor 16 TO 18 | 1,001sqft | S$870,000 | ▲S$869 +77.7% vs FV | 99yr from 2018 |
Mar 2026 | Blk 766 BEDOK RESERVOIR VIEW Floor 01 TO 03 | 1,130sqft | S$681,000 | ▲S$603 +23.3% vs FV | 99yr from 2000 |
Blk 131 BEDOK NTH AVE 3
Mar 2026 · Floor 16 TO 18
+21.5% vs FV
Blk 131 BEDOK NTH AVE 3
Mar 2026 · Floor 16 TO 18
+21.5% vs FV
Blk 93 BEDOK NTH AVE 4
Mar 2026 · Floor 01 TO 03
+7.0% vs FV
Blk 180 BEDOK NTH RD
Mar 2026 · Floor 01 TO 03
+47.6% vs FV
Blk 185 BEDOK NTH RD
Mar 2026 · Floor 01 TO 03
+46.2% vs FV
Blk 427 BEDOK NTH RD
Mar 2026 · Floor 01 TO 03
+1.2% vs FV
Blk 82 BEDOK NTH RD
Mar 2026 · Floor 10 TO 12
+15.5% vs FV
Blk 127 BEDOK NTH ST 2
Mar 2026 · Floor 10 TO 12
+11.0% vs FV
Blk 187B BEDOK NTH ST 4
Mar 2026 · Floor 07 TO 09
+70.1% vs FV
Blk 187A BEDOK NTH ST 4
Mar 2026 · Floor 16 TO 18
+77.7% vs FV
Blk 766 BEDOK RESERVOIR VIEW
Mar 2026 · Floor 01 TO 03
+23.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Bedok reflects a nuanced understanding of the current market dynamics, particularly against the backdrop of its remaining lease of 50 years. With an estimated value of $2,734,212, or $489 per square foot, this property is positioned significantly above the market baseline, indicating a staggering 126.8% premium. Such a valuation suggests robust demand in the Bedok precinct, which has historically been a sought-after location due to its strategic connectivity and array of amenities.
Market signals indicate a strong confidence in the resilience of HDB properties, particularly those with favorable attributes such as proximity to established transport networks and quality schooling options. The model confidence rating of 'High' is substantiated by an extensive analysis of 500 recent HDB resale transactions in the vicinity, reinforcing the notion that this property holds substantial intrinsic value despite its remaining lease term. This valuation encourages potential buyers to consider the long-term investment potential, as properties in vibrant neighborhoods like Bedok continue to demonstrate appreciation even in fluctuating market conditions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.