Jalan Lokam, Tai Seng, North-east Region, Singapore
$4,600,000
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Total Transactions
28
Average Price
S3.5M
Total Value
S97.3M
Calculating fair value from URA transaction data…
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Automated Valuation based on 115 HDB resale transactions (data.gov.sg)
Fair Value
S$1.14M
S$474 psf
Asking Price
S$4.60M
S$2,706 psf
vs Market
+304.7%
vs Last Done
+308.8%
Tenure
49 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
High
115 comps
Nearest MRT
Bartley
827m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
115 comparable transactions
S$663
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.700
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$474
Recent Comparable Transactions
10 shown · 115 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +39.7% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +39.7% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +58.4% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +57.8% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +59.7% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▲S$699 +47.5% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▲S$686 +44.7% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▲S$636 +34.2% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +61.8% vs FV | 99yr from 1989 |
Apr 2026 | Blk 232A SERANGOON AVE 2 Floor 10 TO 12 | 1,518sqft | S$1,130,000 | ▲S$745 +57.2% vs FV | 99yr from 1998 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▲S$708 +49.4% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+39.7% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+39.7% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+58.4% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+57.8% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+59.7% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
+47.5% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
+44.7% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
+34.2% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+61.8% vs FV
Blk 232A SERANGOON AVE 2
Apr 2026 · Floor 10 TO 12
+57.2% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
+49.4% vs FV
HELIOS AI Analysis
The HDB Executive unit located in Serangoon, with a remaining lease of 49 years, has been appraised at an estimated value of $1,136,639, translating to a price per square foot (PSF) of $474. This valuation reflects a significant market signal, indicating that the property is positioned 304.7% above the baseline market value. Such a premium suggests a robust demand for HDB properties in this desirable location, emphasizing the attractiveness of Serangoon as a residential hub.
This valuation is derived from an extensive analysis of 115 recent HDB resale transactions within the vicinity, which reinforces the model's high confidence level in the valuation outcome. The combination of a relatively long remaining lease and the above-average market positioning of this property underscores the dynamic nature of the Serangoon HDB market. As buyers increasingly prioritize location, amenities, and potential for capital appreciation, this property exemplifies the premium that can be expected for well-located executive flats in Singapore's evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.