354 Bukit Batok Street 31 650354, Hong Kah North, West Region, Singapore
$835,000
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$701,647
S$440 psf
Asking Price
S$835,000
S$524 psf
vs Market
+19.0%
vs Last Done
+5.2%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Bukit Gombak
384m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$498
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$440
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 354 BT BATOK ST 31 Floor 04 TO 06 | 1,507sqft | S$750,000 | ▲S$498 +13.2% vs FV | 99yr from 1987 |
Nov 2024 | Blk 354 BT BATOK ST 31 Floor 04 TO 06 | 1,507sqft | S$750,000 | ▲S$498 +13.2% vs FV | 99yr from 1987 |
Blk 354 BT BATOK ST 31
Nov 2024 · Floor 04 TO 06
+13.2% vs FV
Blk 354 BT BATOK ST 31
Nov 2024 · Floor 04 TO 06
+13.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Bukit Batok, with a remaining lease of 59 years, stands at an estimated value of $701,647, translating to a price per square foot (PSF) of $440. This valuation is notably positioned above the market baseline, reflecting a 19% premium compared to typical HDB transactions in the area. Such a significant divergence from the baseline suggests that the property may possess unique attributes or market factors influencing its desirability, despite the low confidence level associated with this model due to the limited data pool.
The reliance on only one recent resale transaction within the vicinity raises questions regarding the robustness of this valuation, indicating that market dynamics for HDB properties in Bukit Batok may be influenced by localized trends or sudden shifts in demand. Investors should consider the implications of the remaining 59-year lease on long-term value appreciation, as properties with shorter leases often face challenges in securing financing and achieving competitive resale values. As the market evolves, it is essential to monitor the broader economic indicators and demographic shifts that could further impact the vibrancy of this segment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.