May Road, Bendemeer, Central Region, Singapore
$2,800,000
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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: L3002382K
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Automated Valuation based on 72 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$1.79M
S$869 psf
Asking Price
S$2.80M
S$338 psf
vs Market
+56.0%
vs Last Done
-60.5%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
72 comps
Nearest MRT
Boon Keng
388m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
72 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
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$869
Recent Comparable Transactions
10 shown · 72 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▼S$855 -1.6% vs FV | 99yr from 1989 |
Aug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▼S$855 -1.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,572sqft | S$1,250,000 | ▼S$795 -8.5% vs FV | 99yr from 1989 |
Oct 2024 | Blk 404 SIN MING AVE Floor 01 TO 03 | 1,604sqft | S$1,080,000 | ▼S$673 -22.6% vs FV | 99yr from 1986 |
Sep 2024 | Blk 449 SIN MING AVE Floor 10 TO 12 | 2,034sqft | S$1,280,000 | ▼S$629 -27.6% vs FV | 99yr from 1990 |
Jun 2024 | Blk 447 BRIGHT HILL DR Floor 22 TO 24 | 1,873sqft | S$1,480,000 | ▼S$790 -9.1% vs FV | 99yr from 1990 |
Apr 2026 | Blk 257 BISHAN ST 22 Floor 07 TO 09 | 1,625sqft | S$1,350,000 | ▼S$831 -4.4% vs FV | 99yr from 1992 |
Apr 2026 | Blk 261 BISHAN ST 22 Floor 04 TO 06 | 1,572sqft | S$1,268,000 | ▼S$807 -7.1% vs FV | 99yr from 1992 |
Apr 2026 | Blk 208 BISHAN ST 23 Floor 01 TO 03 | 1,572sqft | S$1,240,000 | ▼S$789 -9.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 257 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,080,000 | ▼S$678 -22.0% vs FV | 99yr from 1992 |
Mar 2026 | Blk 301 SHUNFU RD Floor 10 TO 12 | 1,582sqft | S$1,420,000 | ▲S$897 +3.2% vs FV | 99yr from 1985 |
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
-1.6% vs FV
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
-1.6% vs FV
Blk 452 SIN MING AVE
Apr 2025 · Floor 01 TO 03
-8.5% vs FV
Blk 404 SIN MING AVE
Oct 2024 · Floor 01 TO 03
-22.6% vs FV
Blk 449 SIN MING AVE
Sep 2024 · Floor 10 TO 12
-27.6% vs FV
Blk 447 BRIGHT HILL DR
Jun 2024 · Floor 22 TO 24
-9.1% vs FV
Blk 257 BISHAN ST 22
Apr 2026 · Floor 07 TO 09
-4.4% vs FV
Blk 261 BISHAN ST 22
Apr 2026 · Floor 04 TO 06
-7.1% vs FV
Blk 208 BISHAN ST 23
Apr 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 257 BISHAN ST 22
Mar 2026 · Floor 04 TO 06
-22.0% vs FV
Blk 301 SHUNFU RD
Mar 2026 · Floor 10 TO 12
+3.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Bishan, with a remaining lease of 75 years, stands at an estimated value of $1,794,895 or $869 PSF. This valuation is categorized as being significantly above the current market baseline, reflecting a remarkable 56% premium in comparison to similar properties in the vicinity. Such a substantial deviation from the baseline suggests strong demand and a robust market sentiment in this highly sought-after residential enclave.
With the analysis grounded in data from 72 recent HDB resale transactions in Bishan, the model confidence is rated as high, indicating a reliable valuation framework. Factors contributing to this elevated valuation include the strategic location of Bishan, which is well-regarded for its accessibility and proximity to key amenities, as well as the enduring appeal of HDB Executive flats, which offer more spacious living options. As the market continues to evolve, this asset's valuation underscores the dynamic interplay of supply, demand, and the intrinsic value of long-term leases in Singapore’s competitive real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.