28 Balam Road 370028, Macpherson, Central Region, Singapore
$1,000
Experience urban living at its finest in this rental HDB located at 28, Balam Road, Singapore, available now! This well-maintained unit offers a comfortable and cozy atmosphere, perfect for families or individuals seeking a vibrant community. You'll enjoy the convenience of being just 1.2 km from Mattar MRT Station and 1.6 km from Macpherson MRT Station, making your daily commute a breeze. Nearby amenities include Raffles House @ Paya Lebar (1.3 km), an excellent educational institution, and Market's Best Pte Ltd (1.5 km), ensuring all your grocery needs are met. For shopping enthusiasts, BreadTalk IHQ (1.4 km) offers a variety of retail options to explore. Project amenities include 24-hour security, a car park, and a playground for families. With a host of options just a stone's throw away, this property is perfect for those who appreciate convenience and accessibility. Don't miss the chance to make this charming unit your new home—schedule a viewing today!
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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: L3006185E
Estimated sale value based on 421 HDB resale transactions (data.gov.sg) · 79 outliers removed (IQR)
Fair Value
S$102,558
S$570 psf
Asking Price
S$1,000
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-98.9%
Tenure
68 yrs
99-year Leasehold · Balance remaining
Confidence
High
421 comps
Nearest MRT
Mattar
531m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
421 comparable transactions
S$575
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.971
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$570
Recent Comparable Transactions
10 shown · 421 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 99 ALJUNIED CRES Floor 10 TO 12 | 721sqft | S$395,000 | ▼S$548 -3.9% vs FV | 99yr from 1978 |
Mar 2026 | Blk 99 ALJUNIED CRES Floor 10 TO 12 | 721sqft | S$395,000 | ▼S$548 -3.9% vs FV | 99yr from 1978 |
Mar 2026 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$325,000 | ▼S$501 -12.1% vs FV | 99yr from 1967 |
Mar 2026 | Blk 36 CASSIA CRES Floor 01 TO 03 | 732sqft | S$488,000 | ▲S$667 +17.0% vs FV | 99yr from 1986 |
Mar 2026 | Blk 38 CIRCUIT RD Floor 07 TO 09 | 646sqft | S$338,000 | ▼S$523 -8.2% vs FV | 99yr from 1971 |
Mar 2026 | Blk 36 CIRCUIT RD Floor 13 TO 15 | 775sqft | S$388,000 | ▼S$501 -12.1% vs FV | 99yr from 1971 |
Mar 2026 | Blk 25 EUNOS CRES Floor 04 TO 06 | 635sqft | S$370,000 | ▲S$583 +2.3% vs FV | 99yr from 1977 |
Mar 2026 | Blk 3 JOO CHIAT RD Floor 07 TO 09 | 969sqft | S$630,000 | ▲S$650 +14.0% vs FV | 99yr from 1985 |
Mar 2026 | Blk 91 PAYA LEBAR WAY Floor 10 TO 12 | 624sqft | S$350,000 | ▼S$561 -1.6% vs FV | 99yr from 1972 |
Feb 2026 | Blk 95 ALJUNIED CRES Floor 04 TO 06 | 700sqft | S$388,000 | ▼S$555 -2.6% vs FV | 99yr from 1975 |
Feb 2026 | Blk 97 ALJUNIED CRES Floor 01 TO 03 | 700sqft | S$350,000 | ▼S$500 -12.3% vs FV | 99yr from 1975 |
Blk 99 ALJUNIED CRES
Mar 2026 · Floor 10 TO 12
-3.9% vs FV
Blk 99 ALJUNIED CRES
Mar 2026 · Floor 10 TO 12
-3.9% vs FV
Blk 23 BALAM RD
Mar 2026 · Floor 01 TO 03
-12.1% vs FV
Blk 36 CASSIA CRES
Mar 2026 · Floor 01 TO 03
+17.0% vs FV
Blk 38 CIRCUIT RD
Mar 2026 · Floor 07 TO 09
-8.2% vs FV
Blk 36 CIRCUIT RD
Mar 2026 · Floor 13 TO 15
-12.1% vs FV
Blk 25 EUNOS CRES
Mar 2026 · Floor 04 TO 06
+2.3% vs FV
Blk 3 JOO CHIAT RD
Mar 2026 · Floor 07 TO 09
+14.0% vs FV
Blk 91 PAYA LEBAR WAY
Mar 2026 · Floor 10 TO 12
-1.6% vs FV
Blk 95 ALJUNIED CRES
Feb 2026 · Floor 04 TO 06
-2.6% vs FV
Blk 97 ALJUNIED CRES
Feb 2026 · Floor 01 TO 03
-12.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room property in Geylang, with a remaining lease of 68 years, stands at an estimated value of $102,558, translating to a price per square foot (PSF) of $570. This valuation is particularly significant given the current market dynamics, as it reflects a market price that shows no deviation from the baseline, indicating a stable demand and supply equilibrium in the area. The high model confidence rating, supported by 421 recent HDB resale transactions within the vicinity, reinforces the reliability of this valuation, making it a pertinent choice for potential buyers and investors alike.
Geylang, known for its vibrant culture and strategic location, continues to attract interest from both homebuyers and investors. The remaining lease of 68 years offers a reasonable time frame for occupancy, ensuring that prospective owners can enjoy the property without immediate concerns regarding lease expiration. This valuation not only underscores the competitive nature of the HDB market in Geylang but also highlights the resilience of property values even amidst fluctuating economic conditions. As the property landscape evolves, this HDB unit represents a compelling opportunity within a stable market segment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.