Shepherds Drive, Mei Chin, Central Region, Singapore
$11,500,000
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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…


License: L3008022J
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Automated Valuation based on 12 HDB resale transactions (data.gov.sg)
Fair Value
S$5.08M
S$726 psf
Asking Price
S$11.50M
S$2,181 psf
vs Market
+126.4%
vs Last Done
+193.1%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
12 comps
Nearest MRT
Queenstown
353m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
12 comparable transactions
S$834
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$726
Recent Comparable Transactions
10 shown · 12 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 22 DOVER CRES Floor 13 TO 15 | 1,572sqft | S$1,170,000 | ▲S$744 +2.5% vs FV | 99yr from 1993 |
Feb 2026 | Blk 22 DOVER CRES Floor 13 TO 15 | 1,572sqft | S$1,170,000 | ▲S$744 +2.5% vs FV | 99yr from 1993 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +20.0% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▲S$749 +3.2% vs FV | 99yr from 1995 |
Oct 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,572sqft | S$1,500,000 | ▲S$954 +31.4% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▲S$822 +13.2% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▲S$864 +19.0% vs FV | 99yr from 1995 |
May 2025 | Blk 147 MEI LING ST Floor 04 TO 06 | 1,572sqft | S$1,510,000 | ▲S$961 +32.4% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▲S$865 +19.1% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▲S$836 +15.2% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▲S$842 +16.0% vs FV | 99yr from 1995 |
Blk 22 DOVER CRES
Feb 2026 · Floor 13 TO 15
+2.5% vs FV
Blk 22 DOVER CRES
Feb 2026 · Floor 13 TO 15
+2.5% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+20.0% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
+3.2% vs FV
Blk 150 MEI LING ST
Oct 2025 · Floor 04 TO 06
+31.4% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
+13.2% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
+19.0% vs FV
Blk 147 MEI LING ST
May 2025 · Floor 04 TO 06
+32.4% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
+19.1% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
+15.2% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
+16.0% vs FV
HELIOS AI Analysis
The HDB Executive property located in Queenstown has been valued at an estimated $5,080,151, translating to a price per square foot (PSF) of $726. This valuation reflects a significant market signal, indicating that the property is positioned well above the baseline market value by approximately 126.4%. The remaining lease of 58 years adds an intriguing layer to the valuation, as it balances the inherent depreciation associated with long lease tenures against the desirable location and amenities that Queenstown offers.
Our analysis is grounded in the assessment of 12 recent HDB resale transactions within the vicinity, which provides a robust framework for understanding current market dynamics. While the model confidence is categorized as medium, the substantial premium above the baseline signals a strong demand for properties in this locale, driven by both the strategic location and the quality of life factors that Queenstown presents. Buyers looking at this property should consider not just the current valuation but also the potential for future appreciation as urban development continues to enhance the attractiveness of the area.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.