8 Empress Road 260008, Farrer Court, Central Region, Singapore
$550,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
420
Average Price
S2.3M
Total Value
S977.4M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 9 HDB resale transactions (data.gov.sg)
Fair Value
S$413,005
S$590 psf
Asking Price
S$550,000
S$786 psf
vs Market
+33.2%
vs Last Done
-9.2%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
9 comps
Nearest MRT
Farrer Road
248m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
9 comparable transactions
S$819
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$590
Recent Comparable Transactions
9 shown · 9 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 3 TG PAGAR PLAZA Floor 04 TO 06 | 635sqft | S$550,000 | ▲S$866 +46.8% vs FV | 99yr from 1977 |
Jan 2026 | Blk 3 TG PAGAR PLAZA Floor 04 TO 06 | 635sqft | S$550,000 | ▲S$866 +46.8% vs FV | 99yr from 1977 |
Oct 2025 | Blk 3 TG PAGAR PLAZA Floor 04 TO 06 | 635sqft | S$510,000 | ▲S$803 +36.1% vs FV | 99yr from 1977 |
Jul 2025 | Blk 3 TG PAGAR PLAZA Floor 07 TO 09 | 635sqft | S$535,000 | ▲S$842 +42.7% vs FV | 99yr from 1977 |
Jun 2025 | Blk 3 TG PAGAR PLAZA Floor 13 TO 15 | 635sqft | S$540,000 | ▲S$850 +44.1% vs FV | 99yr from 1977 |
Dec 2024 | Blk 3 TG PAGAR PLAZA Floor 13 TO 15 | 635sqft | S$520,000 | ▲S$819 +38.8% vs FV | 99yr from 1977 |
Dec 2024 | Blk 3 TG PAGAR PLAZA Floor 22 TO 24 | 753sqft | S$648,000 | ▲S$860 +45.8% vs FV | 99yr from 1977 |
Oct 2024 | Blk 3 TG PAGAR PLAZA Floor 16 TO 18 | 753sqft | S$562,000 | ▲S$746 +26.4% vs FV | 99yr from 1977 |
Jul 2024 | Blk 3 TG PAGAR PLAZA Floor 22 TO 24 | 635sqft | S$510,000 | ▲S$803 +36.1% vs FV | 99yr from 1977 |
Jun 2024 | Blk 3 TG PAGAR PLAZA Floor 16 TO 18 | 635sqft | S$498,888 | ▲S$786 +33.2% vs FV | 99yr from 1977 |
Blk 3 TG PAGAR PLAZA
Jan 2026 · Floor 04 TO 06
+46.8% vs FV
Blk 3 TG PAGAR PLAZA
Jan 2026 · Floor 04 TO 06
+46.8% vs FV
Blk 3 TG PAGAR PLAZA
Oct 2025 · Floor 04 TO 06
+36.1% vs FV
Blk 3 TG PAGAR PLAZA
Jul 2025 · Floor 07 TO 09
+42.7% vs FV
Blk 3 TG PAGAR PLAZA
Jun 2025 · Floor 13 TO 15
+44.1% vs FV
Blk 3 TG PAGAR PLAZA
Dec 2024 · Floor 13 TO 15
+38.8% vs FV
Blk 3 TG PAGAR PLAZA
Dec 2024 · Floor 22 TO 24
+45.8% vs FV
Blk 3 TG PAGAR PLAZA
Oct 2024 · Floor 16 TO 18
+26.4% vs FV
Blk 3 TG PAGAR PLAZA
Jul 2024 · Floor 22 TO 24
+36.1% vs FV
Blk 3 TG PAGAR PLAZA
Jun 2024 · Floor 16 TO 18
+33.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room property located in the Central Area at an estimated value of $413,005, equating to $590 per square foot, signals a strong market positioning. With a remaining lease of 48 years, this property is situated in a desirable location that is often characterized by high demand and limited supply. The current valuation is notably above the market baseline by 33.2%, suggesting a significant premium attributed to its central location, which provides residents with unparalleled accessibility to amenities, public transport, and vibrant lifestyle options.
Analyzing the data from nine recent HDB resale transactions in the vicinity, it is evident that the Central Area commands a unique market dynamic that influences property values. The medium model confidence indicates a stable yet competitive landscape, where buyers may be willing to pay a premium for properties that align with their lifestyle aspirations. As urban development continues and the demand for centrally located housing persists, this property presents a compelling investment opportunity, particularly for those seeking long-term value retention in a fluctuating real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.