Pasir Panjang Road, Pasir Panjang 1, Central Region, Singapore
$1,100 /month
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Total Transactions
12
Average Price
S1.4M
Total Value
S16.5M
Calculating fair value from URA transaction data…


License: L3008899K
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Estimated sale value based on 60 HDB resale transactions (data.gov.sg) · 8 outliers removed (IQR)
Fair Value
S$203,771
S$679 psf
Asking Price
S$1,100
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
60 comps
Nearest MRT
Haw Par Villa
154m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
60 comparable transactions
S$616
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$679
Recent Comparable Transactions
10 shown · 60 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 48 LOWER DELTA RD Floor 04 TO 06 | 463sqft | S$282,000 | ▼S$609 -10.3% vs FV | 99yr from 1970 |
Apr 2026 | Blk 48 LOWER DELTA RD Floor 04 TO 06 | 463sqft | S$282,000 | ▼S$609 -10.3% vs FV | 99yr from 1970 |
Apr 2026 | Blk 76 TELOK BLANGAH DR Floor 13 TO 15 | 474sqft | S$315,000 | ▼S$665 -2.1% vs FV | 99yr from 1978 |
Mar 2026 | Blk 28 HOY FATT RD Floor 13 TO 15 | 506sqft | S$260,000 | ▼S$514 -24.3% vs FV | 99yr from 1967 |
Mar 2026 | Blk 30 JLN KLINIK Floor 04 TO 06 | 527sqft | S$290,000 | ▼S$550 -19.0% vs FV | 99yr from 1969 |
Mar 2026 | Blk 48 LOWER DELTA RD Floor 10 TO 12 | 452sqft | S$276,000 | ▼S$611 -10.0% vs FV | 99yr from 1970 |
Feb 2026 | Blk 34 JLN BT HO SWEE Floor 01 TO 03 | 549sqft | S$255,000 | ▼S$465 -31.5% vs FV | 99yr from 1971 |
Feb 2026 | Blk 28 JLN BT MERAH Floor 04 TO 06 | 506sqft | S$255,000 | ▼S$504 -25.8% vs FV | 99yr from 1967 |
Jan 2026 | Blk 36 BEO CRES Floor 01 TO 03 | 581sqft | S$278,000 | ▼S$478 -29.6% vs FV | 99yr from 1971 |
Dec 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 506sqft | S$280,000 | ▼S$553 -18.6% vs FV | 99yr from 1967 |
Dec 2025 | Blk 28 JLN KLINIK Floor 04 TO 06 | 527sqft | S$285,000 | ▼S$540 -20.5% vs FV | 99yr from 1969 |
Blk 48 LOWER DELTA RD
Apr 2026 · Floor 04 TO 06
-10.3% vs FV
Blk 48 LOWER DELTA RD
Apr 2026 · Floor 04 TO 06
-10.3% vs FV
Blk 76 TELOK BLANGAH DR
Apr 2026 · Floor 13 TO 15
-2.1% vs FV
Blk 28 HOY FATT RD
Mar 2026 · Floor 13 TO 15
-24.3% vs FV
Blk 30 JLN KLINIK
Mar 2026 · Floor 04 TO 06
-19.0% vs FV
Blk 48 LOWER DELTA RD
Mar 2026 · Floor 10 TO 12
-10.0% vs FV
Blk 34 JLN BT HO SWEE
Feb 2026 · Floor 01 TO 03
-31.5% vs FV
Blk 28 JLN BT MERAH
Feb 2026 · Floor 04 TO 06
-25.8% vs FV
Blk 36 BEO CRES
Jan 2026 · Floor 01 TO 03
-29.6% vs FV
Blk 28 JLN BT MERAH
Dec 2025 · Floor 07 TO 09
-18.6% vs FV
Blk 28 JLN KLINIK
Dec 2025 · Floor 04 TO 06
-20.5% vs FV
HELIOS AI Analysis
The HDB 2 Room unit located in Bukit Merah presents a compelling value proposition within the current Singaporean property landscape. With a remaining lease of 75 years, this property boasts an estimated value of $203,771, translating to a price per square foot (PSF) of $679. This valuation is indicative of the area's strong demand dynamics, which are reflected in the market price being assessed at a 0% difference from the baseline, suggesting a stable market equilibrium.
Our analysis, grounded in data from 60 recent HDB resale transactions in the vicinity, reveals a high level of confidence in this valuation model. The absence of significant fluctuations in the market price underscores the resilience of the Bukit Merah location amidst broader economic conditions. Buyers can expect a reliable investment, bolstered by the area's attractive amenities and connectivity, which continue to enhance its desirability. Therefore, this HDB unit not only represents a viable living space but also a strategic investment opportunity in a buoyant market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.