121 Mcnair Road 320121, Bendemeer, Central Region, Singapore
$760,000
The following locations are within radius of this property, with distance shown in kilometers.
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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 1 HDB resale transactions (data.gov.sg)
Fair Value
S$726,776
S$649 psf
Asking Price
S$760,000
S$679 psf
vs Market
+4.6%
vs Last Done
-10.1%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Boon Keng
564m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$755
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$649
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2025 | Blk 121 BISHAN ST 12 Floor 01 TO 03 | 980sqft | S$740,000 | ▲S$755 +16.3% vs FV | 99yr from 1986 |
Jan 2025 | Blk 121 BISHAN ST 12 Floor 01 TO 03 | 980sqft | S$740,000 | ▲S$755 +16.3% vs FV | 99yr from 1986 |
Blk 121 BISHAN ST 12
Jan 2025 · Floor 01 TO 03
+16.3% vs FV
Blk 121 BISHAN ST 12
Jan 2025 · Floor 01 TO 03
+16.3% vs FV
HELIOS AI Analysis
In the heart of Bishan, the HDB 4-room property with a remaining lease of 59 years presents a unique investment opportunity, albeit with certain market signals that warrant careful consideration. Valued at approximately $726,776, which translates to $649 per square foot, this property is positioned above the baseline with a notable 4.6% market price differential. Such a valuation reflects the desirability of the Bishan vicinity, known for its strategic location, robust amenities, and vibrant community living.
However, it is critical to note that the model confidence for this valuation is categorized as low, primarily due to reliance on a limited pool of data, with only one recent HDB resale transaction in the area informing this assessment. This scant transactional evidence may inhibit a comprehensive understanding of current market dynamics and price movements. Potential buyers and investors should weigh the implications of the remaining lease against the property’s valuation while considering the evolving landscape of HDB resale trends in Bishan.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.