17 Lorong 15 Geylang 388608, Aljunied, Central Region, Singapore
$1,700,000
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Total Transactions
1
Average Price
S860K
Total Value
S860K
Calculating fair value from URA transaction data…


License: L3010923F
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$1.27M
S$926 psf
Asking Price
S$1.70M
S$1,242 psf
vs Market
+34.1%
vs Last Done
+47.0%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Aljunied
654m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$864
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$926
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▼S$845 -8.7% vs FV | 99yr from 2000 |
Sep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▼S$845 -8.7% vs FV | 99yr from 2000 |
Aug 2024 | Blk 5 PINE CL Floor 13 TO 15 | 1,195sqft | S$1,028,888 | ▼S$861 -7.0% vs FV | 99yr from 2000 |
Jun 2024 | Blk 5 PINE CL Floor 19 TO 21 | 1,195sqft | S$1,068,888 | ▼S$895 -3.3% vs FV | 99yr from 2000 |
May 2024 | Blk 5 PINE CL Floor 16 TO 18 | 1,195sqft | S$1,023,000 | ▼S$856 -7.6% vs FV | 99yr from 2000 |
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
-8.7% vs FV
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
-8.7% vs FV
Blk 5 PINE CL
Aug 2024 · Floor 13 TO 15
-7.0% vs FV
Blk 5 PINE CL
Jun 2024 · Floor 19 TO 21
-3.3% vs FV
Blk 5 PINE CL
May 2024 · Floor 16 TO 18
-7.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room property located in Geylang, with a remaining lease of 75 years, stands at an estimated value of $1,267,266 or $926 PSF. This price point indicates a significant premium within the current market, reflecting a staggering 34.1% above the baseline valuation. Such a substantial divergence from the market average signals a robust demand in the Geylang precinct, which is often characterized by its unique blend of cultural vibrancy and accessibility to urban amenities.
However, it is crucial to note that the model confidence in this valuation is rated as low, which suggests that there may be an element of volatility or uncertainty influencing the pricing dynamics in this area. The analysis is based on just four recent HDB resale transactions, which may not fully encapsulate the broader market trends or shifts in buyer sentiment. Stakeholders are advised to consider these factors carefully when evaluating potential investment opportunities in this segment of the HDB market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.