Saint Michael's Road, Bendemeer, Central Region, Singapore
$4,500,000
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Total Transactions
13
Average Price
S1.0M
Total Value
S13.6M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 144 HDB resale transactions (data.gov.sg) · 4 outliers removed (IQR)
Fair Value
S$1.69M
S$844 psf
Asking Price
S$4.50M
S$2,663 psf
vs Market
+166.6%
vs Last Done
+211.5%
Tenure
82 yrs
99-year Leasehold · Balance remaining
Confidence
High
144 comps
Nearest MRT
Potong Pasir
793m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
144 comparable transactions
S$788
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$844
Recent Comparable Transactions
10 shown · 144 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.3% vs FV | 99yr from 1989 |
Aug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.3% vs FV | 99yr from 1989 |
Aug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.3% vs FV | 99yr from 1989 |
Apr 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,572sqft | S$1,250,000 | ▼S$795 -5.8% vs FV | 99yr from 1989 |
Apr 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,572sqft | S$1,250,000 | ▼S$795 -5.8% vs FV | 99yr from 1989 |
Oct 2024 | Blk 404 SIN MING AVE Floor 01 TO 03 | 1,604sqft | S$1,080,000 | ▼S$673 -20.3% vs FV | 99yr from 1986 |
Oct 2024 | Blk 404 SIN MING AVE Floor 01 TO 03 | 1,604sqft | S$1,080,000 | ▼S$673 -20.3% vs FV | 99yr from 1986 |
Sep 2024 | Blk 449 SIN MING AVE Floor 10 TO 12 | 2,034sqft | S$1,280,000 | ▼S$629 -25.5% vs FV | 99yr from 1990 |
Sep 2024 | Blk 449 SIN MING AVE Floor 10 TO 12 | 2,034sqft | S$1,280,000 | ▼S$629 -25.5% vs FV | 99yr from 1990 |
Jun 2024 | Blk 447 BRIGHT HILL DR Floor 22 TO 24 | 1,873sqft | S$1,480,000 | ▼S$790 -6.4% vs FV | 99yr from 1990 |
Jun 2024 | Blk 447 BRIGHT HILL DR Floor 22 TO 24 | 1,873sqft | S$1,480,000 | ▼S$790 -6.4% vs FV | 99yr from 1990 |
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.3% vs FV
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.3% vs FV
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.3% vs FV
Blk 452 SIN MING AVE
Apr 2025 · Floor 01 TO 03
-5.8% vs FV
Blk 452 SIN MING AVE
Apr 2025 · Floor 01 TO 03
-5.8% vs FV
Blk 404 SIN MING AVE
Oct 2024 · Floor 01 TO 03
-20.3% vs FV
Blk 404 SIN MING AVE
Oct 2024 · Floor 01 TO 03
-20.3% vs FV
Blk 449 SIN MING AVE
Sep 2024 · Floor 10 TO 12
-25.5% vs FV
Blk 449 SIN MING AVE
Sep 2024 · Floor 10 TO 12
-25.5% vs FV
Blk 447 BRIGHT HILL DR
Jun 2024 · Floor 22 TO 24
-6.4% vs FV
Blk 447 BRIGHT HILL DR
Jun 2024 · Floor 22 TO 24
-6.4% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Bishan, with a remaining lease of 82 years, stands at an estimated value of $1,687,912, which translates to a price per square foot (PSF) of $844. This valuation is notably positioned above the market average, reflecting a substantial 166.6% difference from the baseline valuation metrics derived from recent transactions in the area. The high confidence level associated with this model underscores the reliability of the valuation, given the comprehensive analysis of 144 recent HDB resale transactions within the vicinity.
Bishan is renowned for its strategic location and appealing amenities, which contribute significantly to the premium valuation of this HDB Executive unit. The extended lease period of 82 years is also a critical factor, providing potential buyers with long-term ownership security, which is highly sought after in Singapore's real estate landscape. As demand continues to outpace supply in desirable districts like Bishan, this property exemplifies the dynamic market conditions that favor sellers and reflect the robust appetite for HDB units in well-established neighborhoods.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.