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 HDB 4 room unit located in Queenstown presents a compelling opportunity for potential buyers, with an estimated value of $1,062,038, translating to a price per square foot of $1,061. With a remaining lease of 83 years, this property is strategically positioned in a mature estate that boasts a blend of convenience and community living. The valuation indicates an 11% difference from the baseline, suggesting that this property is a good deal in the current market context.
However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity for comparative analysis. This constraint highlights the need for potential buyers to conduct further due diligence, considering the dynamic nature of the HDB market influenced by factors such as location desirability, upcoming infrastructural developments, and overall economic conditions. As Queenstown continues to evolve, the property’s remaining lease and its positioning within the estate will play a vital role in maintaining its value and appeal.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.