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HomeBuyLandedBungalow6RMD03 - Alexandra / Commonwealth6 Bed Bungalow (Landed) for Sale in Jalan Penjara

6 Bed Bungalow (Landed) for Sale in Jalan Penjara

Jalan Penjara, Margaret Drive, Central Region, Singapore

$39,000,000

Check loan eligibility est. S$ 139,644 / mo
Added 6 months ago
BungalowFor sale
Beds: 6Baths: 5Area: 11000 sqft
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IMAGES GALLERY

Property Details

Property IDfBgjSRNxcnRuSeHXpQkyrb
PriceS$39,000,000
Property TypeBungalow
StatusFor sale
Beds6
Baths5
Built Area11000 sqft
PSF
S$2,461
Furnished StatusUnknown

Description

Location

Jalan Penjara, Margaret Drive, Central Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

2

Average Price

S29.3M

Total Value

S58.5M

Sales Timeline

Calculating fair value from URA transaction data…

Martin Goh

Martin Goh

REALSTAR PREMIER GROUP

License: L3008563G

Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.

Similar Properties

Above Market· 292.1% above market

Home Report · AVM Fair Value

Automated Valuation based on 11 HDB resale transactions (data.gov.sg)

Fair Value

S$9.95M

S$904 psf

Asking Price

S$39.00M

S$2,461 psf

vs Market

+292.1%

Above Market

vs Last Done

+230.8%

Above Market

Tenure

75 yrs

99-year Leasehold · Balance remaining

Confidence

Medium

11 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Queenstown

621m away · +2% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

11 comparable transactions

S$844

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$904

Recent Comparable Transactions

10 shown · 11 total
DateBlock / StreetAreaPricePSFTenure
Last DoneFeb 2026

Blk 22 DOVER CRES

Floor 13 TO 15

1,572sqftS$1,170,000
▼S$744
-17.7% vs FV
99yr from 1993
Feb 2026

Blk 22 DOVER CRES

Floor 13 TO 15

1,572sqftS$1,170,000
▼S$744
-17.7% vs FV
99yr from 1993
Feb 2026

Blk 148 MEI LING ST

Floor 04 TO 06

1,561sqftS$1,360,000
▼S$871
-3.7% vs FV
99yr from 1995
Jan 2026

Blk 148 MEI LING ST

Floor 01 TO 03

1,615sqftS$1,210,000
▼S$749
-17.1% vs FV
99yr from 1995
Oct 2025

Blk 150 MEI LING ST

Floor 04 TO 06

1,572sqftS$1,500,000
▲S$954
+5.5% vs FV
99yr from 1995
Jun 2025

Blk 150 MEI LING ST

Floor 04 TO 06

1,582sqftS$1,300,000
▼S$822
-9.1% vs FV
99yr from 1995
May 2025

Blk 150 MEI LING ST

Floor 04 TO 06

1,528sqftS$1,320,500
▼S$864
-4.4% vs FV
99yr from 1995
May 2025

Blk 147 MEI LING ST

Floor 04 TO 06

1,572sqftS$1,510,000
▲S$961
+6.3% vs FV
99yr from 1995
May 2025

Blk 148 MEI LING ST

Floor 10 TO 12

1,561sqftS$1,350,000
▼S$865
-4.3% vs FV
99yr from 1995
Feb 2025

Blk 150 MEI LING ST

Floor 01 TO 03

1,528sqftS$1,278,000
▼S$836
-7.5% vs FV
99yr from 1995
Nov 2024

Blk 148 MEI LING ST

Floor 19 TO 21

1,604sqftS$1,350,000
▼S$842
-6.9% vs FV
99yr from 1995
Last Done

Blk 22 DOVER CRES

Feb 2026 · Floor 13 TO 15

▼S$744 psf

-17.7% vs FV

1,572 sqftS$1,170,00099yr from 1993

Blk 22 DOVER CRES

Feb 2026 · Floor 13 TO 15

▼S$744 psf

-17.7% vs FV

1,572 sqftS$1,170,00099yr from 1993

Blk 148 MEI LING ST

Feb 2026 · Floor 04 TO 06

▼S$871 psf

-3.7% vs FV

1,561 sqftS$1,360,00099yr from 1995

Blk 148 MEI LING ST

Jan 2026 · Floor 01 TO 03

▼S$749 psf

-17.1% vs FV

1,615 sqftS$1,210,00099yr from 1995

Blk 150 MEI LING ST

Oct 2025 · Floor 04 TO 06

▲S$954 psf

+5.5% vs FV

1,572 sqftS$1,500,00099yr from 1995

Blk 150 MEI LING ST

Jun 2025 · Floor 04 TO 06

▼S$822 psf

-9.1% vs FV

1,582 sqftS$1,300,00099yr from 1995

Blk 150 MEI LING ST

May 2025 · Floor 04 TO 06

▼S$864 psf

-4.4% vs FV

1,528 sqftS$1,320,50099yr from 1995

Blk 147 MEI LING ST

May 2025 · Floor 04 TO 06

▲S$961 psf

+6.3% vs FV

1,572 sqftS$1,510,00099yr from 1995

Blk 148 MEI LING ST

May 2025 · Floor 10 TO 12

▼S$865 psf

-4.3% vs FV

1,561 sqftS$1,350,00099yr from 1995

Blk 150 MEI LING ST

Feb 2025 · Floor 01 TO 03

▼S$836 psf

-7.5% vs FV

1,528 sqftS$1,278,00099yr from 1995

Blk 148 MEI LING ST

Nov 2024 · Floor 19 TO 21

▼S$842 psf

-6.9% vs FV

1,604 sqftS$1,350,00099yr from 1995
Below Fair Value
Above Fair Value
FV: S$904 psf

HELIOS AI Analysis

The valuation of the HDB Executive property in Queenstown, with a remaining lease of 75 years, stands at an estimated value of $9,945,558, translating to approximately $904 PSF. This figure positions the property significantly above the market average, reflecting a notable 292.1% difference from the baseline valuation. Such a premium is indicative of the heightened demand for residential properties in Queenstown, a region known for its strategic location and vibrant community amenities.

The current market dynamics, as evidenced by the analysis of 11 recent HDB resale transactions in the vicinity, suggest a robust interest in HDB properties, particularly those with longer remaining leases. The model confidence level is assessed as medium, acknowledging potential variances in market conditions and buyer sentiment. Nevertheless, the substantial premium attached to this property underscores the desirability of Queenstown as a residential choice, driven by its proximity to key urban centers and established infrastructure.

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.