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: L3002382K
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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 for the HDB 4-room unit located in the highly sought-after Queenstown estate indicates an estimated value of $1,062,038, translating to approximately $1,061 PSF. With a remaining lease of 83 years, this property sits comfortably within a vibrant residential area known for its accessibility and proximity to essential amenities, making it an attractive option for both homeowners and investors alike.
Market dynamics suggest that this listing presents a Good Deal, with an 11% difference from the baseline value. This favorable positioning signals potential for capital appreciation, especially considering the area's robust demand for HDB properties. However, it is important to note that the model confidence for this valuation is classified as Low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity. Such caution is warranted as it highlights the necessity for prospective buyers to conduct thorough due diligence when considering this investment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.