245 Bishan Street 22 570245, Marymount, Central Region, Singapore
$1,600,000

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…
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.17M
S$707 psf
Asking Price
S$1.60M
S$965 psf
vs Market
+36.4%
vs Last Done
+23.4%
Tenure
63 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Bishan
1161m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$786
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.900
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$707
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,582sqft | S$1,238,000 | ▲S$782 +10.6% vs FV | 99yr from 1992 |
Oct 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,582sqft | S$1,238,000 | ▲S$782 +10.6% vs FV | 99yr from 1992 |
Aug 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,658sqft | S$1,280,000 | ▲S$772 +9.2% vs FV | 99yr from 1992 |
Aug 2024 | Blk 245 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,280,000 | ▲S$803 +13.6% vs FV | 99yr from 1992 |
Blk 245 BISHAN ST 22
Oct 2024 · Floor 10 TO 12
+10.6% vs FV
Blk 245 BISHAN ST 22
Oct 2024 · Floor 10 TO 12
+10.6% vs FV
Blk 245 BISHAN ST 22
Aug 2024 · Floor 10 TO 12
+9.2% vs FV
Blk 245 BISHAN ST 22
Aug 2024 · Floor 04 TO 06
+13.6% vs FV
HELIOS AI Analysis
The valuation for the HDB Executive unit located in the highly sought-after district of Bishan indicates an estimated value of $1,172,897, equating to $707 PSF. This figure is significantly above the market baseline, reflecting a notable 36.4% premium. Such a valuation suggests a strong demand for residential properties in the area, driven by Bishan's excellent connectivity, reputable schools, and vibrant community amenities.
However, it is essential to note the remaining lease of 63 years, which may influence long-term investment considerations for prospective buyers. While the current market conditions show a positive trend, the model confidence is rated as low, indicating potential volatility and uncertainty in pricing dynamics. This valuation is further supported by only three recent HDB resale transactions in the vicinity, which may limit the reliability of the trend analysis. Investors should carefully weigh these factors against their individual objectives and the broader market context when considering this property.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.