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 located in Queenstown, with a remaining lease of 67 years, is currently estimated at $956,734, translating to $855 per square foot (PSF). This valuation is notably positioned above the market average, reflecting a significant 25.4% premium over the baseline value. Such a divergence suggests that demand for properties in Queenstown remains robust, driven by the area's historical significance, well-established amenities, and strategic connectivity to the wider Singaporean landscape.
However, it is essential to note that the model confidence for this valuation is categorized as low, indicating that the projections are based on a limited dataset of only three recent HDB resale transactions in the vicinity. This constraint implies that while the premium valuation may attract interest, potential buyers should exercise caution and conduct further due diligence. The dynamics of the HDB market, particularly in a mature estate like Queenstown, can be influenced by various factors such as upcoming developments, changes in government policies, and shifting demographic trends, all of which could impact future value appreciation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.