121 Mcnair Road 320121, Bendemeer, Central Region, Singapore
$720,000
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 1 HDB resale transactions (data.gov.sg)
Fair Value
S$720,282
S$649 psf
Asking Price
S$720,000
S$649 psf
vs Market
0.0%
vs Last Done
-14.0%
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
The valuation of the HDB 4-room property located in the highly sought-after Bishan district indicates an estimated market value of $720,282, translating to a price per square foot (PSF) of $649. With a remaining lease of 59 years, this property occupies a unique position within the local real estate landscape, characterized by its strategic location and proximity to various amenities.
Current market signals reveal a 0% difference from the baseline, suggesting that the property is effectively aligned with prevailing market conditions. However, it is noteworthy that the model confidence has been rated as low, primarily due to the limited data set, which is based on only one recent HDB resale transaction in the vicinity. This scarcity of transactional data may indicate a cautious market environment, where potential buyers are exercising restraint, particularly given the extended lease period which influences long-term valuation dynamics.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.