245 Bishan Street 22 570245, Marymount, Central Region, Singapore
$1,600,000
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 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.17M
S$707 psf
Asking Price
S$1.60M
S$966 psf
vs Market
+36.5%
vs Last Done
+23.5%
Tenure
63 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Bishan
1161m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$786
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.900
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$707
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,582sqft | S$1,238,000 | ▲S$782 +10.6% vs FV | 99yr from 1992 |
Oct 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,582sqft | S$1,238,000 | ▲S$782 +10.6% vs FV | 99yr from 1992 |
Aug 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,658sqft | S$1,280,000 | ▲S$772 +9.2% vs FV | 99yr from 1992 |
Aug 2024 | Blk 245 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,280,000 | ▲S$803 +13.6% vs FV | 99yr from 1992 |
Blk 245 BISHAN ST 22
Oct 2024 · Floor 10 TO 12
+10.6% vs FV
Blk 245 BISHAN ST 22
Oct 2024 · Floor 10 TO 12
+10.6% vs FV
Blk 245 BISHAN ST 22
Aug 2024 · Floor 10 TO 12
+9.2% vs FV
Blk 245 BISHAN ST 22
Aug 2024 · Floor 04 TO 06
+13.6% vs FV
HELIOS AI Analysis
The current valuation of the HDB Executive property located in Bishan, with a remaining lease of 63 years, stands at an estimated value of $1,172,189 or $707 PSF. This valuation reflects a significant market signal, indicating a premium above the baseline by 36.5%. Such a divergence from the baseline suggests that this particular unit may be positioned as a sought-after asset within the competitive landscape of the Bishan area, which is renowned for its strategic amenities and connectivity.
However, it is essential to note that the model confidence in this valuation is categorized as low, derived from an analysis of only three recent HDB resale transactions in the vicinity. This limited dataset may introduce variability in the projected value, suggesting that while demand may be present, the pricing dynamics could be influenced by local market fluctuations and broader economic factors. Potential buyers and investors should consider the longevity of the remaining lease, as well as the overall market sentiment, when evaluating this property as part of their portfolio strategy.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.