129 Clarence Lane 140129, Margaret Drive, Central Region, Singapore
$988,888
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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 2 HDB resale transactions (data.gov.sg)
Fair Value
S$957,920
S$856 psf
Asking Price
S$988,888
S$884 psf
vs Market
+3.2%
vs Last Done
+6.8%
Tenure
67 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Redhill
466m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$852
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.957
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$856
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -3.3% vs FV | 99yr from 1996 |
Feb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -3.3% vs FV | 99yr from 1996 |
Sep 2024 | Blk 129 CLARENCE LANE Floor 13 TO 15 | 1,119sqft | S$980,000 | ▲S$875 +2.2% vs FV | 99yr from 1996 |
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-3.3% vs FV
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-3.3% vs FV
Blk 129 CLARENCE LANE
Sep 2024 · Floor 13 TO 15
+2.2% vs FV
HELIOS AI Analysis
In the vibrant district of Queenstown, the current valuation of a 4-room HDB unit stands at an estimated value of $957,920 or $856 PSF, reflecting a modest 3.2% divergence from the market baseline. This valuation is indicative of the prevailing demand dynamics within this coveted location, characterized by its proximity to essential amenities and robust transportation links. However, it is crucial to note that the remaining lease of 67 years may influence buyer sentiment, as potential purchasers often weigh the leasehold duration against long-term investment viability.
Market signals indicate a cautious approach, with model confidence rated as low, primarily derived from a limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales data underscores the need for a nuanced interpretation of the current market conditions, which may be subject to fluctuations influenced by external economic factors and shifts in buyer preferences. As such, while the valuation suggests a competitive position within the local market, stakeholders should remain vigilant and informed about ongoing developments that may impact the future trajectory of HDB prices in Queenstown.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.