2a Upper Boon Keng Road 381002, Boon Keng, Central Region, Singapore
$1,050,000
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: L3010739Z
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$1.13M
S$953 psf
Asking Price
S$1.05M
S$887 psf
vs Market
-6.9%
vs Last Done
+5.0%
Tenure
79 yrs
99-year Leasehold · Balance remaining
Confidence
Low
4 comps
Nearest MRT
Kallang
269m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$864
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$953
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▼S$845 -11.3% vs FV | 99yr from 2000 |
Sep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▼S$845 -11.3% vs FV | 99yr from 2000 |
Aug 2024 | Blk 5 PINE CL Floor 13 TO 15 | 1,195sqft | S$1,028,888 | ▼S$861 -9.7% vs FV | 99yr from 2000 |
Jun 2024 | Blk 5 PINE CL Floor 19 TO 21 | 1,195sqft | S$1,068,888 | ▼S$895 -6.1% vs FV | 99yr from 2000 |
May 2024 | Blk 5 PINE CL Floor 16 TO 18 | 1,195sqft | S$1,023,000 | ▼S$856 -10.2% vs FV | 99yr from 2000 |
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
-11.3% vs FV
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
-11.3% vs FV
Blk 5 PINE CL
Aug 2024 · Floor 13 TO 15
-9.7% vs FV
Blk 5 PINE CL
Jun 2024 · Floor 19 TO 21
-6.1% vs FV
Blk 5 PINE CL
May 2024 · Floor 16 TO 18
-10.2% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB property in Geylang, with a remaining lease of 79 years, stands at an estimated value of $1,128,250, translating to a price per square foot (PSF) of $953. This valuation positions the property as a compelling market opportunity, offering a 6.9% difference from the established baseline, which categorizes it as a Good Deal within the current landscape of HDB transactions.
However, it's essential to note that the model confidence for this valuation is categorized as Low, indicating potential volatility in the market dynamics surrounding this specific locale. The valuation is based on a limited dataset of just four recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends. As Geylang continues to evolve, the remaining lease length of 79 years serves as a critical factor influencing buyer sentiment and long-term investment potential. Investors and homeowners alike should consider both the immediate opportunity and the intricate market forces at play when assessing the viability of this property.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.