19 Yong Siak Street 168650, Tiong Bahru, Central Region, Singapore
$2,200,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
4
Average Price
S1.6M
Total Value
S6.4M
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$707,616
S$643 psf
Asking Price
S$2.20M
S$2,000 psf
vs Market
+210.9%
vs Last Done
+171.7%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Tiong Bahru
514m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$736
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$643
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2024 | Blk 2 GHIM MOH RD Floor 04 TO 06 | 1,615sqft | S$1,188,000 | ▲S$736 +14.5% vs FV | 99yr from 1976 |
May 2024 | Blk 2 GHIM MOH RD Floor 04 TO 06 | 1,615sqft | S$1,188,000 | ▲S$736 +14.5% vs FV | 99yr from 1976 |
Blk 2 GHIM MOH RD
May 2024 · Floor 04 TO 06
+14.5% vs FV
Blk 2 GHIM MOH RD
May 2024 · Floor 04 TO 06
+14.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room unit in Queenstown, with a remaining lease of 60 years, stands at an estimated value of $707,616, translating to a price per square foot (PSF) of $643. This valuation is notably positioned above the market baseline, showcasing a significant 210.9% difference. Such a premium valuation indicates a strong demand within this sought-after locality, reflecting Queenstown's enduring appeal as a residential choice for families and investors alike.
However, it is essential to approach this valuation with caution, as the model confidence is classified as low, primarily due to the reliance on just one recent resale transaction in the vicinity. This limited data point may not fully encapsulate the evolving market dynamics and could result in volatility in future valuations. As leasehold properties like this one continue to become a focal point for buyers, the interplay between remaining lease duration and buyer sentiment will be critical in shaping price trajectories in the coming months.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.