56 Chai Chee Drive 460056, Kembangan, East Region, Singapore
$549,000















New list. No extension stay required. *About the unit* ▫️4NG ▫️980 sqft/ 91 sqm ▫️Lease start date: 01 Jan 1983 ▫️Remaining lease: 56 years ▫️All races/ SPR eligible ▫️Mid floor, door to door. ▫️ Spacious regular layout with good size store room ▫️ Huge master bedroom with walk in wardrobe and extended bathroom (1 bedroom combined to create larger space for it) ▫️Well maintained by owner ▫️Bright and well ventilated ▫️No afternoon sun ▫️Main door: East facing *About the location/neighbourhood* ▫️Quiet neighbourhood, eateries and shops within reach (Blk 55). ▫️Direct bus (222) to Bedok MRT (EW 5)/ Interchange. ▫️ Proximity to ESR BizPark @ Chai Chee, Bedok Mall, Bedok Interchange Hawker Centre, Bedok Town Centre, Heartbeat (Bedok Integrated Complex), DjitSun Mall, Market & Food Centre (Blk 216), Bedok Sports Hall/ Stadium and other amenities ▫️Easy accessibility by road (PIE, ECP, KPE) and public transport Bus stop at Aft Chai Chee Street - 85 m Bus: 222, 222B, 26 Bus stop at Chai Chee Drive, Opp Blk 55 - 149 m Bus: 26 Schools (within 1Km) Primary Schools ▪️Damai Primary School ▪️Opera Estate Primary School ▪️St. Stephen’s School International Schools ▪️NPS International School Your dream home awaits Viewing by appt. Please call or WhatsApp Geralyn. https://wa.me/659725XXXX
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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$428,535
S$438 psf
Asking Price
S$549,000
S$561 psf
vs Market
+28.1%
vs Last Done
+2.7%
Tenure
55 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Bedok North
940m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$546
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.786
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$438
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 56 CHAI CHEE DR Floor 07 TO 09 | 980sqft | S$535,000 | ▲S$546 +24.7% vs FV | 99yr from 1983 |
Jan 2026 | Blk 56 CHAI CHEE DR Floor 07 TO 09 | 980sqft | S$535,000 | ▲S$546 +24.7% vs FV | 99yr from 1983 |
Blk 56 CHAI CHEE DR
Jan 2026 · Floor 07 TO 09
+24.7% vs FV
Blk 56 CHAI CHEE DR
Jan 2026 · Floor 07 TO 09
+24.7% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Bedok, with a remaining lease of 55 years, stands at an estimated value of $428,535, translating to a price per square foot (PSF) of $438. This valuation positions the property significantly above the current market baseline, reflecting a notable premium of 28.1%. Such a disparity suggests that factors beyond standard pricing metrics may be influencing buyer sentiment in this locality, potentially indicating a strong demand for HDB units in Bedok despite the diminishing lease period.
However, it is crucial to note that the model confidence for this valuation is categorized as low. This classification arises from the reliance on only one recent resale transaction within the vicinity, which may not provide a comprehensive view of the market dynamics. The limited transactional data could imply that the current valuation may be subject to fluctuations, as the actual market behavior is influenced by various elements including buyer perceptions of lease decay, future urban development plans, and demographic trends. As such, stakeholders should approach this valuation with a discerning perspective, considering the implications of the remaining lease and the broader economic landscape that affects the HDB market in Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.