573b Woodlands Drive 16 732573, Woodlands South, North Region, Singapore
$3,000 /month
The following locations are within radius of this property, with distance shown in kilometers.
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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…
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$519,784
S$710 psf
Asking Price
S$3,000
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
91 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Admiralty
1140m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$676
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$710
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 573B WOODLANDS DR 16 Floor 10 TO 12 | 732sqft | S$495,000 | ▼S$676 -4.8% vs FV | 99yr from 2018 |
Aug 2024 | Blk 573B WOODLANDS DR 16 Floor 10 TO 12 | 732sqft | S$495,000 | ▼S$676 -4.8% vs FV | 99yr from 2018 |
Blk 573B WOODLANDS DR 16
Aug 2024 · Floor 10 TO 12
-4.8% vs FV
Blk 573B WOODLANDS DR 16
Aug 2024 · Floor 10 TO 12
-4.8% vs FV
HELIOS AI Analysis
In the heart of Woodlands, this HDB 3-room unit presents a unique opportunity with a remaining lease of 91 years. Valued at approximately $519,784, equating to a price per square foot of $710, the property is currently positioned with a market signal indicating no deviation from the baseline pricing. This stability in valuation suggests a balanced demand and supply scenario within the area, although it is essential to note the model confidence is rated as low due to the reliance on a solitary recent resale transaction in the vicinity.
The low model confidence underscores the necessity for cautious interpretation of the estimated value, given the limited dataset. As the real estate landscape in Singapore continues to evolve, potential buyers and investors should consider the broader market dynamics affecting HDB properties, particularly in regions like Woodlands, which may exhibit fluctuating demand based on factors such as urban development, accessibility, and community amenities. It is prudent to remain vigilant to upcoming market trends that could influence future valuations within this segment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.