129 Clarence Lane 140129, Margaret Drive, Central Region, Singapore
$4,800 /month
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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 3 HDB resale transactions (data.gov.sg)
Fair Value
S$975,607
S$881 psf
Asking Price
S$4,800
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
69 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Redhill
466m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$851
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.986
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$881
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 129 CLARENCE LANE Floor 16 TO 18 | 1,119sqft | S$950,000 | ▼S$849 -3.6% vs FV | 99yr from 1996 |
May 2026 | Blk 129 CLARENCE LANE Floor 16 TO 18 | 1,119sqft | S$950,000 | ▼S$849 -3.6% vs FV | 99yr from 1996 |
Feb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -6.0% vs FV | 99yr from 1996 |
Sep 2024 | Blk 129 CLARENCE LANE Floor 13 TO 15 | 1,119sqft | S$980,000 | ▼S$875 -0.7% vs FV | 99yr from 1996 |
Blk 129 CLARENCE LANE
May 2026 · Floor 16 TO 18
-3.6% vs FV
Blk 129 CLARENCE LANE
May 2026 · Floor 16 TO 18
-3.6% vs FV
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-6.0% vs FV
Blk 129 CLARENCE LANE
Sep 2024 · Floor 13 TO 15
-0.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room property in Queenstown, with a remaining lease of 69 years, stands at an estimated value of $975,607, translating to a price per square foot (PSF) of $881. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market trends. The stability of this pricing may be indicative of a balanced demand and supply dynamics within the Queenstown precinct, a desirable area known for its strategic location and amenities.
However, it is important to note the model confidence for this valuation is classified as low, derived from a limited data set of only three recent HDB resale transactions in the vicinity. This low confidence level underscores the need for cautious interpretation of the valuation, as it may not fully account for potential fluctuations in market conditions or localised demand shifts. Investors and homeowners should remain vigilant to the evolving landscape of HDB leases, especially in light of the remaining tenure, which could impact future resale potential and overall investment viability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.