Merino Crescent, Mei Chin, Central Region, Singapore
$15,888,000
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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 11 HDB resale transactions (data.gov.sg)
Fair Value
S$10.00M
S$734 psf
Asking Price
S$15.89M
S$3,083 psf
vs Market
+58.9%
vs Last Done
+314.4%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
11 comps
Nearest MRT
Queenstown
353m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
11 comparable transactions
S$844
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$734
Recent Comparable Transactions
10 shown · 11 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 22 DOVER CRES Floor 13 TO 15 | 1,572sqft | S$1,170,000 | ▲S$744 +1.4% vs FV | 99yr from 1993 |
Feb 2026 | Blk 22 DOVER CRES Floor 13 TO 15 | 1,572sqft | S$1,170,000 | ▲S$744 +1.4% vs FV | 99yr from 1993 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +18.7% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▲S$749 +2.0% vs FV | 99yr from 1995 |
Oct 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,572sqft | S$1,500,000 | ▲S$954 +30.0% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▲S$822 +12.0% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▲S$864 +17.7% vs FV | 99yr from 1995 |
May 2025 | Blk 147 MEI LING ST Floor 04 TO 06 | 1,572sqft | S$1,510,000 | ▲S$961 +30.9% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▲S$865 +17.8% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▲S$836 +13.9% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▲S$842 +14.7% vs FV | 99yr from 1995 |
Blk 22 DOVER CRES
Feb 2026 · Floor 13 TO 15
+1.4% vs FV
Blk 22 DOVER CRES
Feb 2026 · Floor 13 TO 15
+1.4% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+18.7% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
+2.0% vs FV
Blk 150 MEI LING ST
Oct 2025 · Floor 04 TO 06
+30.0% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
+12.0% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
+17.7% vs FV
Blk 147 MEI LING ST
May 2025 · Floor 04 TO 06
+30.9% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
+17.8% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
+13.9% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
+14.7% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Queenstown, with a remaining lease of 58 years, reflects a premium positioning in the current market landscape. Priced at an estimated value of $9,999,630, equating to $734 per square foot, this property exhibits a significant market signal, being appraised at 58.9% above the baseline. This notable premium indicates strong demand for executive HDB units in this sought-after locality, characterized by its strategic location and accessibility to various amenities.
The valuation is underpinned by a comprehensive analysis of 11 recent resale transactions in the vicinity, suggesting a healthy market dynamic. Despite the medium confidence level in the model, the data indicates a robust interest in properties with longer lease tenures, which can mitigate concerns around depreciation in value as the lease period decreases. As Queenstown continues to evolve as a residential hub, the combination of its historical significance and modern amenities positions this HDB Executive as a compelling investment opportunity.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.