Jalan Novena, Balestier, Central Region, Singapore
$7,880,000
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Total Transactions
2
Average Price
S4.0M
Total Value
S8.1M
Calculating fair value from URA transaction data…


License: L3010738A
Automated Valuation based on 2826 URA transactions · 29 outliers removed (IQR)
Fair Value
S$12.18M
S$2,009 psf
Asking Price
S$7.88M
S$4,498 psf
vs Market
-35.3%
Confidence
High
2826 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2826 comparable transactions
S$2,009
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$2,009
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | IRRAWADDY ROAD | 1,367 | S$2,650,000 | S$1,939 |
| 2025-08 | IRRAWADDY ROAD | 1,001 | S$1,660,000 | S$1,658 |
| 2025-08 | KHIANG GUAN AVENUE | 1,119 | S$2,650,000 | S$2,367 |
| 2025-08 | JALAN RAJA UDANG | 678 | S$970,000 | S$1,430 |
| 2025-08 | SURREY ROAD | 1,981 | S$4,380,000 | S$2,211 |
Showing 5 most recent transactions from 2826 total comparables used in valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.