Boon Teck Road, Balestier, Central Region, Singapore
$7,200,000
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Total Transactions
6
Average Price
S3.9M
Total Value
S23.6M
Calculating fair value from URA transaction data…


License: L3009250K
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Automated Valuation based on 71 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$4.40M
S$844 psf
Asking Price
S$7.20M
S$5,010 psf
vs Market
+63.6%
vs Last Done
+502.9%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
71 comps
Nearest MRT
Toa Payoh
721m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
71 comparable transactions
S$788
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$844
Recent Comparable Transactions
10 shown · 71 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 257 BISHAN ST 22 Floor 07 TO 09 | 1,625sqft | S$1,350,000 | ▼S$831 -1.5% vs FV | 99yr from 1992 |
Apr 2026 | Blk 257 BISHAN ST 22 Floor 07 TO 09 | 1,625sqft | S$1,350,000 | ▼S$831 -1.5% vs FV | 99yr from 1992 |
Apr 2026 | Blk 208 BISHAN ST 23 Floor 01 TO 03 | 1,572sqft | S$1,240,000 | ▼S$789 -6.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 257 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,080,000 | ▼S$678 -19.7% vs FV | 99yr from 1992 |
Mar 2026 | Blk 301 SHUNFU RD Floor 10 TO 12 | 1,582sqft | S$1,420,000 | ▲S$897 +6.3% vs FV | 99yr from 1985 |
Feb 2026 | Blk 257 BISHAN ST 22 Floor 01 TO 03 | 1,572sqft | S$1,168,000 | ▼S$743 -12.0% vs FV | 99yr from 1992 |
Jan 2026 | Blk 160 BISHAN ST 13 Floor 01 TO 03 | 1,636sqft | S$1,350,000 | ▼S$825 -2.3% vs FV | 99yr from 1987 |
Jan 2026 | Blk 187 BISHAN ST 13 Floor 07 TO 09 | 1,572sqft | S$1,398,888 | ▲S$890 +5.5% vs FV | 99yr from 1987 |
Jan 2026 | Blk 190 BISHAN ST 13 Floor 19 TO 21 | 1,615sqft | S$1,320,000 | ▼S$818 -3.1% vs FV | 99yr from 1987 |
Jan 2026 | Blk 202 BISHAN ST 23 Floor 01 TO 03 | 1,593sqft | S$1,088,000 | ▼S$683 -19.1% vs FV | 99yr from 1992 |
Dec 2025 | Blk 160 BISHAN ST 13 Floor 01 TO 03 | 1,550sqft | S$1,250,000 | ▼S$806 -4.5% vs FV | 99yr from 1987 |
Blk 257 BISHAN ST 22
Apr 2026 · Floor 07 TO 09
-1.5% vs FV
Blk 257 BISHAN ST 22
Apr 2026 · Floor 07 TO 09
-1.5% vs FV
Blk 208 BISHAN ST 23
Apr 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 257 BISHAN ST 22
Mar 2026 · Floor 04 TO 06
-19.7% vs FV
Blk 301 SHUNFU RD
Mar 2026 · Floor 10 TO 12
+6.3% vs FV
Blk 257 BISHAN ST 22
Feb 2026 · Floor 01 TO 03
-12.0% vs FV
Blk 160 BISHAN ST 13
Jan 2026 · Floor 01 TO 03
-2.3% vs FV
Blk 187 BISHAN ST 13
Jan 2026 · Floor 07 TO 09
+5.5% vs FV
Blk 190 BISHAN ST 13
Jan 2026 · Floor 19 TO 21
-3.1% vs FV
Blk 202 BISHAN ST 23
Jan 2026 · Floor 01 TO 03
-19.1% vs FV
Blk 160 BISHAN ST 13
Dec 2025 · Floor 01 TO 03
-4.5% vs FV
HELIOS AI Analysis
The subject property, an HDB Executive unit located in the highly sought-after Bishan estate, is currently valued at an estimated $4,401,435, translating to a remarkable $844 per square foot (PSF). This valuation reflects a significant market signal, indicating a 63.6% premium above the baseline value for similar properties in the vicinity. Such an elevated valuation is indicative of the strong demand for residential properties in this prime location, characterized by its strategic connectivity, robust amenities, and proximity to reputable educational institutions.
With a remaining lease of 75 years, this HDB Executive unit offers a compelling blend of longevity and value retention potential. The analysis is grounded in a robust dataset, incorporating insights from 71 recent HDB resale transactions within the area, which reinforces the high model confidence attributed to this valuation. The substantial premium over the baseline suggests that buyers are willing to invest significantly more for the privilege of residing in Bishan, a trend that is likely to continue as urban development and population growth drive demand for quality housing in Singapore's central regions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.