342 Balestier Road 329774, Balestier, Central Region, Singapore
$3,280,000
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Total Transactions
4
Average Price
S1.4M
Total Value
S5.4M
Calculating fair value from URA transaction data…
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Automated Valuation based on 73 HDB resale transactions (data.gov.sg) · 3 outliers removed (IQR)
Fair Value
S$1.70M
S$843 psf
Asking Price
S$3.28M
S$1,622 psf
vs Market
+92.5%
vs Last Done
+137.5%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
73 comps
Nearest MRT
Novena
970m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
73 comparable transactions
S$787
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$843
Recent Comparable Transactions
10 shown · 73 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 401 SIN MING AVE Floor 01 TO 03 | 1,668sqft | S$1,140,000 | ▼S$683 -19.0% vs FV | 99yr from 1985 |
May 2026 | Blk 401 SIN MING AVE Floor 01 TO 03 | 1,668sqft | S$1,140,000 | ▼S$683 -19.0% vs FV | 99yr from 1985 |
Aug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,572sqft | S$1,250,000 | ▼S$795 -5.7% vs FV | 99yr from 1989 |
Oct 2024 | Blk 404 SIN MING AVE Floor 01 TO 03 | 1,604sqft | S$1,080,000 | ▼S$673 -20.2% vs FV | 99yr from 1986 |
Sep 2024 | Blk 449 SIN MING AVE Floor 10 TO 12 | 2,034sqft | S$1,280,000 | ▼S$629 -25.4% vs FV | 99yr from 1990 |
Jun 2024 | Blk 447 BRIGHT HILL DR Floor 22 TO 24 | 1,873sqft | S$1,480,000 | ▼S$790 -6.3% vs FV | 99yr from 1990 |
May 2026 | Blk 231 BISHAN ST 23 Floor 07 TO 09 | 1,572sqft | S$1,240,000 | ▼S$789 -6.4% vs FV | 99yr from 1992 |
Apr 2026 | Blk 257 BISHAN ST 22 Floor 07 TO 09 | 1,625sqft | S$1,350,000 | ▼S$831 -1.4% vs FV | 99yr from 1992 |
Apr 2026 | Blk 261 BISHAN ST 22 Floor 04 TO 06 | 1,572sqft | S$1,268,000 | ▼S$807 -4.3% vs FV | 99yr from 1992 |
Apr 2026 | Blk 208 BISHAN ST 23 Floor 01 TO 03 | 1,572sqft | S$1,240,000 | ▼S$789 -6.4% vs FV | 99yr from 1992 |
Blk 401 SIN MING AVE
May 2026 · Floor 01 TO 03
-19.0% vs FV
Blk 401 SIN MING AVE
May 2026 · Floor 01 TO 03
-19.0% vs FV
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.4% vs FV
Blk 452 SIN MING AVE
Apr 2025 · Floor 01 TO 03
-5.7% vs FV
Blk 404 SIN MING AVE
Oct 2024 · Floor 01 TO 03
-20.2% vs FV
Blk 449 SIN MING AVE
Sep 2024 · Floor 10 TO 12
-25.4% vs FV
Blk 447 BRIGHT HILL DR
Jun 2024 · Floor 22 TO 24
-6.3% vs FV
Blk 231 BISHAN ST 23
May 2026 · Floor 07 TO 09
-6.4% vs FV
Blk 257 BISHAN ST 22
Apr 2026 · Floor 07 TO 09
-1.4% vs FV
Blk 261 BISHAN ST 22
Apr 2026 · Floor 04 TO 06
-4.3% vs FV
Blk 208 BISHAN ST 23
Apr 2026 · Floor 01 TO 03
-6.4% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Bishan, with a remaining lease of 75 years, stands at approximately $1,703,880, translating to a robust $843 PSF. This valuation is significantly above the market baseline, reflecting a notable 92.5% difference, which signals a strong demand for properties in this prestigious district. Bishan's appeal stems from its strategic location, excellent infrastructure, and proximity to both educational and recreational amenities, making it a highly sought-after residential area.
With a model confidence rating of high, this valuation is substantiated by an analysis of 73 recent HDB resale transactions in the vicinity, indicating a consistent upward trend in property values. The resilience of the HDB market in Bishan, despite broader economic fluctuations, underscores the enduring desirability of this locale. As the remaining lease of 75 years provides ample time for potential homeowners to enjoy their investment, this property not only represents a solid real estate opportunity but also a lifestyle choice synonymous with quality living in Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.