15 Upper Boon Keng Road 380015, Boon Keng, Central Region, Singapore
$618,000
4 room flat for sale 88sqm (947sqft) Door to door, privacy, very high floor Number of storey in this block: 16 Renovated and move in condition, lift level, no odd shaped, spacious living area, quiet environment, unblocked view, facing the river. All can buy for this month. Don’t miss! Require extension Nearest LRT/MRT: Kallang MRT – 0.49m, Geylang Bahru MRT – 0.57km Within minutes walking distance to: Sheng Shiong & Fairprice Supermarket, coffeeshop, shops, market, food centre, Geylang West CC, Pelton Canal Park Connector, Singapore Sports Hub, Leisure Park, Kallang Tennis Centre, Kallang Football Hub, Indoor Stadiumm, Water Sports Centre, Mountbatten Square. Schools within 1km: Bendemeer Pri Please whatapps or call to view, open house date and time to be advised. Thank you. Jan Chong Associate Group Director 9665XXXX Disclaimer: (1) All land and built up areas are approximate measurements and subject to final survey and shall not form part of any offer or contract nor constitute any warranty by the salesperson and shall not be regarded as statements or representations of fact. (2) Images and floor plans shown are for illustration purposes and may not represent the actual property.
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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$389,319
S$411 psf
Asking Price
S$618,000
S$653 psf
vs Market
+58.7%
vs Last Done
+14.4%
Tenure
48 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
1 comps
Nearest MRT
Kallang
497m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$571
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.686
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$411
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 15 EUNOS CRES Floor 07 TO 09 | 958sqft | S$547,000 | ▲S$571 +38.9% vs FV | 99yr from 1977 |
Aug 2024 | Blk 15 EUNOS CRES Floor 07 TO 09 | 958sqft | S$547,000 | ▲S$571 +38.9% vs FV | 99yr from 1977 |
Blk 15 EUNOS CRES
Aug 2024 · Floor 07 TO 09
+38.9% vs FV
Blk 15 EUNOS CRES
Aug 2024 · Floor 07 TO 09
+38.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room property located in Geylang stands at an estimated value of $389,319, equating to a price per square foot (PSF) of $411. This pricing reflects a significant market signal, with an astonishing 58.7% deviation above the baseline valuation metrics, suggesting a heightened demand for real estate in this locality despite the remaining lease of 48 years. Such a long lease period, while relatively mid-range in the context of HDB properties, influences buyer perception and market dynamics, especially in an area known for its vibrant cultural landscape and proximity to urban amenities.
However, it is crucial to note that the model confidence for this valuation is categorized as low, stemming from the reliance on a limited dataset, specifically only one recent HDB resale transaction in the vicinity. This constraint highlights the volatility and potential inconsistencies in property valuations in Geylang, where market conditions can vary significantly based on localized factors. Investors and homeowners should approach this valuation with a discerning eye, considering the broader implications of lease duration and market fluctuations in their decision-making processes.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.