40 Beo Crescent 160040, Bukit Ho Swee, Central Region, Singapore
$440,000
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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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$229,473
S$361 psf
Asking Price
S$440,000
S$693 psf
vs Market
+91.7%
vs Last Done
+3.6%
Tenure
36 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Tiong Bahru
310m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$669
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.514
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$361
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 40 HOLLAND DR Floor 04 TO 06 | 635sqft | S$425,000 | ▲S$669 +85.3% vs FV | 99yr from 1975 |
Nov 2024 | Blk 40 HOLLAND DR Floor 04 TO 06 | 635sqft | S$425,000 | ▲S$669 +85.3% vs FV | 99yr from 1975 |
Blk 40 HOLLAND DR
Nov 2024 · Floor 04 TO 06
+85.3% vs FV
Blk 40 HOLLAND DR
Nov 2024 · Floor 04 TO 06
+85.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room property in Queenstown, with a remaining lease of 36 years, stands at an estimated value of $229,473, translating to a price per square foot (PSF) of $361. Notably, this valuation is positioned significantly above the market baseline, reflecting a 91.7% difference, which indicates strong demand dynamics in this historically coveted estate. Queenstown has consistently attracted buyers due to its strategic location and connectivity, which enhances its appeal among potential homeowners.
However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent resale transaction within the vicinity. This limited data point raises questions regarding the stability and accuracy of the valuation. As the real estate market can be influenced by various external factors, including economic conditions and buyer sentiment, potential investors and homeowners should approach this valuation with a well-rounded perspective. The HDB lease, being crucial in determining the longevity of ownership, also plays a vital role in influencing buyer decisions in this segment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.