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 property in Queenstown reflects a significant upward market signal, with an estimated value of $707,616, translating to $643 PSF. This figure is notably above the established market baseline, exhibiting a remarkable 210.9% difference. Such a premium is indicative of heightened demand in the Queenstown area, driven by its strategic location and the desirability of living within this mature estate.
However, it is essential to approach this valuation with caution, as the model confidence is assessed as low, primarily due to reliance on a limited dataset from only one recent HDB resale transaction in the vicinity. The remaining lease of 60 years also plays a pivotal role in shaping buyer perceptions and investment viability. While the demand for HDBs in established neighborhoods like Queenstown remains robust, potential investors should weigh the implications of lease duration against market trends and future resale prospects.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.