62b Strathmore Avenue 143062, Margaret Drive, Central Region, Singapore
$945,000
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…


License: L3008022J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$1.06M
S$1,061 psf
Asking Price
S$945,000
S$944 psf
vs Market
-11.0%
vs Last Done
-4.7%
Tenure
83 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Queenstown
554m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$991
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,061
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2025 | Blk 62B STRATHMORE AVE Floor 22 TO 24 | 1,055sqft | S$1,045,000 | ▼S$991 -6.6% vs FV | 99yr from 2011 |
Jan 2025 | Blk 62B STRATHMORE AVE Floor 22 TO 24 | 1,055sqft | S$1,045,000 | ▼S$991 -6.6% vs FV | 99yr from 2011 |
Blk 62B STRATHMORE AVE
Jan 2025 · Floor 22 TO 24
-6.6% vs FV
Blk 62B STRATHMORE AVE
Jan 2025 · Floor 22 TO 24
-6.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Queenstown, with a remaining lease of 83 years, is estimated at $1,062,038, translating to $1,061 PSF. This figure reveals a compelling market signal indicating a Good Deal, with an 11% difference from the baseline valuation. Such a discount suggests that buyers may be presented with a unique opportunity to acquire a property in a highly desirable location, known for its proximity to amenities and public transport links. Queenstown's evolving landscape continues to attract discerning homeowners and investors alike, thereby reinforcing the area's status as a prime residential enclave.
However, it is essential to note that the model confidence in this valuation is classified as Low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data set may not fully capture the current market dynamics or the potential fluctuations in property values. As the residential market in Queenstown continues to evolve, stakeholders are encouraged to consider broader market trends and additional transaction data to form a more comprehensive understanding of this property’s investment potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.