671a Klang Lane 211671, Farrer Park, Central Region, Singapore
$4,700 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
5
Average Price
S1.2M
Total Value
S6.0M
Calculating fair value from URA transaction data…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$656,756
S$814 psf
Asking Price
S$4,700
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
73 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Little India
417m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$743
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.043
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$814
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2024 | Blk 671A KLANG LANE Floor 16 TO 18 | 915sqft | S$680,000 | ▼S$743 -8.7% vs FV | 99yr from 2003 |
Jul 2024 | Blk 671A KLANG LANE Floor 16 TO 18 | 915sqft | S$680,000 | ▼S$743 -8.7% vs FV | 99yr from 2003 |
Blk 671A KLANG LANE
Jul 2024 · Floor 16 TO 18
-8.7% vs FV
Blk 671A KLANG LANE
Jul 2024 · Floor 16 TO 18
-8.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit located in Singapore's central area, with a remaining lease of 73 years, stands at an estimated value of $656,756, translating to $814 per square foot (PSF). This figure reflects a market price that is notably at a 0% difference from the baseline, indicating a stable equilibrium in the pricing dynamics within this segment of the property market. However, the model confidence is rated as low, a factor that necessitates cautious interpretation given the limited data available.
With only one recent resale transaction in the vicinity serving as a benchmark, the market signals suggest that while the property maintains a competitive valuation, there is a growing need for more comprehensive data to better inform potential buyers and investors. The remaining lease period of 73 years also plays a critical role in shaping buyer sentiment, as properties with shorter leases may face increased scrutiny in the resale market. As the dynamics of the HDB landscape evolve, stakeholders are encouraged to monitor future transactions closely to gain a clearer understanding of the market's trajectory.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.