21 Jalan Membina 163021, Tiong Bahru Station, Central Region, Singapore
$1,099,000
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 2 HDB resale transactions (data.gov.sg)
Fair Value
S$738,806
S$762 psf
Asking Price
S$1.10M
S$1,134 psf
vs Market
+48.8%
vs Last Done
+55.8%
Tenure
74 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Tiong Bahru
199m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$692
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$762
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 21 QUEEN'S CL Floor 16 TO 18 | 1,152sqft | S$838,000 | ▼S$728 -4.5% vs FV | 99yr from 1996 |
Nov 2024 | Blk 21 QUEEN'S CL Floor 16 TO 18 | 1,152sqft | S$838,000 | ▼S$728 -4.5% vs FV | 99yr from 1996 |
Jul 2024 | Blk 21 QUEEN'S CL Floor 04 TO 06 | 1,152sqft | S$755,000 | ▼S$656 -13.9% vs FV | 99yr from 1996 |
Blk 21 QUEEN'S CL
Nov 2024 · Floor 16 TO 18
-4.5% vs FV
Blk 21 QUEEN'S CL
Nov 2024 · Floor 16 TO 18
-4.5% vs FV
Blk 21 QUEEN'S CL
Jul 2024 · Floor 04 TO 06
-13.9% vs FV
HELIOS AI Analysis
In the context of Singapore's dynamic real estate landscape, the valuation of the 4-room HDB unit in Queenstown emerges as a notable case study. With an estimated value of $738,806 or $762 per square foot (PSF), this property is positioned significantly above the market average, reflecting a staggering 48.8% premium over the baseline valuation. Such a marked deviation highlights the potential allure of Queenstown as a desirable residential enclave, bolstered by its proximity to key amenities and transport links.
However, it is crucial to approach this valuation with caution, as the model confidence for this estimate is categorized as low. This uncertainty is primarily attributed to the reliance on only two recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics or potential fluctuations in buyer sentiment. As the remaining lease of the property extends to 74 years, prospective buyers should weigh the implications of lease longevity on future resale value, particularly within a market that increasingly favors newer properties. Overall, while the valuation indicates a robust interest in Queenstown, potential investors are advised to conduct thorough due diligence to navigate the complexities of this evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.