150a Bishan Street 11 571150, Bishan East, Central Region, Singapore
$690,000
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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$546,753
S$552 psf
Asking Price
S$690,000
S$697 psf
vs Market
+26.2%
vs Last Done
+8.2%
Tenure
60 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Bishan
1044m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$644
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.857
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$552
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 150A BISHAN ST 11 Floor 04 TO 06 | 1,001sqft | S$645,000 | ▲S$644 +16.7% vs FV | 99yr from 1989 |
Sep 2024 | Blk 150A BISHAN ST 11 Floor 04 TO 06 | 1,001sqft | S$645,000 | ▲S$644 +16.7% vs FV | 99yr from 1989 |
Blk 150A BISHAN ST 11
Sep 2024 · Floor 04 TO 06
+16.7% vs FV
Blk 150A BISHAN ST 11
Sep 2024 · Floor 04 TO 06
+16.7% vs FV
HELIOS AI Analysis
The valuation of the 4-room HDB unit in Bishan, with a remaining lease of 60 years, stands at an estimated value of $546,753, translating to $552 per square foot. This valuation reflects a premium above the market baseline, with a notable 26.2% differential, indicating a strong demand for HDB properties in this sought-after locale. Bishan, known for its strategic location and robust amenities, continues to attract buyers despite the declining lease term, showcasing the area's resilience in the face of changing market dynamics.
However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a singular recent resale transaction in the vicinity. This limited data set may not fully capture the broader market trends and fluctuations impacting HDB prices in Bishan. As such, potential buyers and investors should approach this valuation with caution, balancing the attractive market signals against the inherent uncertainties tied to lease duration and transaction volume.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.