Shepherds Drive, Mei Chin, Central Region, Singapore
$10,888,000
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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 11 HDB resale transactions (data.gov.sg)
Fair Value
S$1.72M
S$734 psf
Asking Price
S$10.89M
S$2,114 psf
vs Market
+532.2%
vs Last Done
+184.1%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
11 comps
Nearest MRT
Queenstown
353m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
11 comparable transactions
S$844
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$734
Recent Comparable Transactions
10 shown · 11 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 22 DOVER CRES Floor 13 TO 15 | 1,572sqft | S$1,170,000 | ▲S$744 +1.4% vs FV | 99yr from 1993 |
Feb 2026 | Blk 22 DOVER CRES Floor 13 TO 15 | 1,572sqft | S$1,170,000 | ▲S$744 +1.4% vs FV | 99yr from 1993 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +18.7% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▲S$749 +2.0% vs FV | 99yr from 1995 |
Oct 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,572sqft | S$1,500,000 | ▲S$954 +30.0% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▲S$822 +12.0% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▲S$864 +17.7% vs FV | 99yr from 1995 |
May 2025 | Blk 147 MEI LING ST Floor 04 TO 06 | 1,572sqft | S$1,510,000 | ▲S$961 +30.9% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▲S$865 +17.8% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▲S$836 +13.9% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▲S$842 +14.7% vs FV | 99yr from 1995 |
Blk 22 DOVER CRES
Feb 2026 · Floor 13 TO 15
+1.4% vs FV
Blk 22 DOVER CRES
Feb 2026 · Floor 13 TO 15
+1.4% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+18.7% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
+2.0% vs FV
Blk 150 MEI LING ST
Oct 2025 · Floor 04 TO 06
+30.0% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
+12.0% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
+17.7% vs FV
Blk 147 MEI LING ST
May 2025 · Floor 04 TO 06
+30.9% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
+17.8% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
+13.9% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
+14.7% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Queenstown, with a remaining lease of 58 years, stands at an estimated value of $1,722,301, translating to a price per square foot (PSF) of $734. This valuation is notably positioned above the market baseline, reflecting a significant 532.2% differential. Such a robust premium indicates strong demand dynamics and desirability for properties in this well-established district, which is renowned for its strategic connectivity and proximity to key amenities.
Despite the medium confidence level in this valuation, the analysis is underpinned by 11 recent HDB resale transactions within the vicinity, which provide a relevant comparative framework. The sustained interest in Queenstown's real estate market can be attributed to its historical significance, coupled with ongoing urban regeneration efforts that enhance the area's appeal. Investors and homeowners alike are keenly aware of the value associated with longer leases, and as such, properties like this Executive HDB continue to attract premium pricing, even as they approach the midway point of their lease term.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.