Marked down price! Good investment opportunity! FREEHOLD Walkup apartment at Kim Keat Close • 3 bedrooms, 1 Utility Room • 1 bathroom, 1 toilet • Built In : 105 sqm • Selling with tenancy till end Mar 2026 (Public listed firm tenant past 14 years since 2011). • Low maintenance fee • Asking $1.38m Rarely available! This freehold walk-up unit in the heart of Kim Keat/Balestier is ideal for investors or future owner-occupiers seeking capital preservation and long-term value. Key Highlights • Freehold tenure – Legacy asset in rejuvenated city fringe • Tenanted selling with tenancy - Providing approx. 3.45% gross rental yield •Spacious layout – Flexible use for home office, studio, or residential •Bright & airy – Natural light with cross ventilation •Low-density walk-up block – Quiet surroundings, no lift crowding Excellent Location • Near Toa Payoh & Novena MRT • Short walk to Zhongshan Mall, Shaw Plaza, Whampoa Market • Surrounded by famous eateries and amenities • Quick access to PIE/CTE and 10 mins to Orchard
D12 - Novena
Boon Keng MRT
2 Blocks
Not available
Kim Keat Close Walk-Up Apartments is a freehold Walkup Apartment located in Novena, District 12. It is within walking distance to MRT stations such as Boon Keng MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Kim Keat Close Walk-Up Apartments is also close to schools like Mindful Learning & Enrichment @ zanoziwa, The Math Studio and Marthamuthu. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Kwong Choon Medical Hall and FairPrice - Lor Limau for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Family Dental Centre Balestier Dental. Singpost Post Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Whampoa Park, to enjoy some fresh air.
Loading map...
Total Transactions
7
Average Price
S1.3M
Total Value
S8.9M
Calculating fair value from URA transaction data…
Automated Valuation based on 352 HDB resale transactions (data.gov.sg) · 23 outliers removed (IQR)
Fair Value
S$863,128
S$764 psf
Asking Price
S$1.38M
S$1,221 psf
vs Market
+59.9%
vs Last Done
+74.7%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
352 comps
Nearest MRT
Boon Keng
1037m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
352 comparable transactions
S$727
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$764
Recent Comparable Transactions
10 shown · 352 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 503 BISHAN ST 11 Floor 01 TO 03 | 1,216sqft | S$850,000 | ▼S$699 -8.5% vs FV | 99yr from 1989 |
Mar 2026 | Blk 503 BISHAN ST 11 Floor 01 TO 03 | 1,216sqft | S$850,000 | ▼S$699 -8.5% vs FV | 99yr from 1989 |
Mar 2026 | Blk 114 BISHAN ST 12 Floor 07 TO 09 | 1,119sqft | S$890,000 | ▲S$795 +4.1% vs FV | 99yr from 1986 |
Mar 2026 | Blk 113 BISHAN ST 12 Floor 10 TO 12 | 1,130sqft | S$820,000 | ▼S$726 -5.0% vs FV | 99yr from 1986 |
Mar 2026 | Blk 111 BISHAN ST 12 Floor 04 TO 06 | 904sqft | S$765,000 | ▲S$846 +10.7% vs FV | 99yr from 1986 |
Mar 2026 | Blk 263 BISHAN ST 22 Floor 10 TO 12 | 1,119sqft | S$778,000 | ▼S$695 -9.0% vs FV | 99yr from 1992 |
Mar 2026 | Blk 241 BISHAN ST 22 Floor 10 TO 12 | 1,152sqft | S$890,000 | ▲S$773 +1.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 227 BISHAN ST 23 Floor 01 TO 03 | 1,130sqft | S$743,999 | ▼S$658 -13.9% vs FV | 99yr from 1992 |
Mar 2026 | Blk 441 SIN MING AVE Floor 01 TO 03 | 1,152sqft | S$783,888 | ▼S$681 -10.9% vs FV | 99yr from 1990 |
Feb 2026 | Blk 146 BISHAN ST 11 Floor 04 TO 06 | 904sqft | S$610,000 | ▼S$675 -11.6% vs FV | 99yr from 1987 |
Feb 2026 | Blk 148 BISHAN ST 11 Floor 07 TO 09 | 904sqft | S$665,000 | ▼S$735 -3.8% vs FV | 99yr from 1987 |
Blk 503 BISHAN ST 11
Mar 2026 · Floor 01 TO 03
-8.5% vs FV
Blk 503 BISHAN ST 11
Mar 2026 · Floor 01 TO 03
-8.5% vs FV
Blk 114 BISHAN ST 12
Mar 2026 · Floor 07 TO 09
+4.1% vs FV
Blk 113 BISHAN ST 12
Mar 2026 · Floor 10 TO 12
-5.0% vs FV
Blk 111 BISHAN ST 12
Mar 2026 · Floor 04 TO 06
+10.7% vs FV
Blk 263 BISHAN ST 22
Mar 2026 · Floor 10 TO 12
-9.0% vs FV
Blk 241 BISHAN ST 22
Mar 2026 · Floor 10 TO 12
+1.2% vs FV
Blk 227 BISHAN ST 23
Mar 2026 · Floor 01 TO 03
-13.9% vs FV
Blk 441 SIN MING AVE
Mar 2026 · Floor 01 TO 03
-10.9% vs FV
Blk 146 BISHAN ST 11
Feb 2026 · Floor 04 TO 06
-11.6% vs FV
Blk 148 BISHAN ST 11
Feb 2026 · Floor 07 TO 09
-3.8% vs FV
HELIOS AI Analysis
<p>The valuation of the HDB 4 room unit in Bishan, estimated at <strong>$863,128</strong> or <strong>$764 PSF</strong>, reflects a robust market position with a significant <strong>59.9% premium</strong> above the baseline value. This substantial divergence from the norm signals a strong demand for residential properties in this highly sought-after district, characterized by its strategic location and well-established amenities. The remaining lease of <strong>75 years</strong> further enhances its appeal, catering to both investors and homeowners looking for long-term stability in their property investment.</p> <p>Based on an extensive analysis of <strong>352 recent HDB resale transactions</strong> in the vicinity, the model confidence in this valuation is rated as <strong>high</strong>. Such confidence underscores the prevailing market dynamics where Bishan continues to attract buyers due to its prime connectivity and vibrant community. This analysis not only highlights the desirability of the HDB segment in this locality but also reflects a broader trend of increasing valuations in areas with limited supply and strong demand, reinforcing the strategic importance of Bishan within Singapore's real estate landscape.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.