129 Clarence Lane 140129, Margaret Drive, Central Region, Singapore
$1,199,999
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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 3 HDB resale transactions (data.gov.sg)
Fair Value
S$956,734
S$855 psf
Asking Price
S$1.20M
S$1,072 psf
vs Market
+25.4%
vs Last Done
+26.3%
Tenure
67 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)
×0.957
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$855
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 -0.7% vs FV | 99yr from 1996 |
May 2026 | Blk 129 CLARENCE LANE Floor 16 TO 18 | 1,119sqft | S$950,000 | ▼S$849 -0.7% vs FV | 99yr from 1996 |
Feb 2025 | Blk 129 CLARENCE LANE Floor 01 TO 03 | 1,130sqft | S$936,000 | ▼S$828 -3.2% vs FV | 99yr from 1996 |
Sep 2024 | Blk 129 CLARENCE LANE Floor 13 TO 15 | 1,119sqft | S$980,000 | ▲S$875 +2.3% vs FV | 99yr from 1996 |
Blk 129 CLARENCE LANE
May 2026 · Floor 16 TO 18
-0.7% vs FV
Blk 129 CLARENCE LANE
May 2026 · Floor 16 TO 18
-0.7% vs FV
Blk 129 CLARENCE LANE
Feb 2025 · Floor 01 TO 03
-3.2% vs FV
Blk 129 CLARENCE LANE
Sep 2024 · Floor 13 TO 15
+2.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Queenstown, with an estimated value of $956,734, reflects a notable market signal, indicating a premium positioning of approximately 25.4% above the baseline. This elevated valuation is particularly significant given the remaining lease of 67 years, which typically influences buyer sentiment and investment decisions. In the context of Singapore's evolving property landscape, Queenstown remains a highly sought-after locale, characterized by its strategic proximity to key amenities, transportation links, and vibrant community living.
However, it is essential to note the model confidence associated with this valuation is categorized as low, suggesting that while the recent resale transactions in the vicinity support the price point, there may be underlying volatility in buyer demand or market conditions influencing this assessment. Investors and homeowners should consider these dynamics carefully, as the interplay between lease tenure and market sentiment can greatly 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.