Jalan Kelichap, Tai Seng, North-east Region, Singapore
$1,500 /month
Tai Keng Villas *** Terrace House Big Common Room and Master room ($1,800) for rent *** Full furnish with aircon and Wi-Fi *** Shopping Mall *** Hotel *** Bus Stop *** Amenities *** Chinese Landlord *** Prefer Single or Couple Tenant Exclusive Viewing Contact PETER TAN @ 9144XXXX _________________________________________________ Dear Ms/Mr/Mrs/Dr, I am Peter Tan, Senior Associate Marketing Director from PropNex. My team and I are well equipped with the latest update HDB/URA/MAS Guidelines and the Latest Property Market Trends. We are passionate in assisting our clients in MULTIPLYING their “Wealth” and “Assets”. If you are reading this page and love to make changes to your life, in terms of property right-sizing, relocation, change in port-folio, be it for your loved one, retirement, investment, etc., you are at the right page. My team and I will provide you with a customized plan catering to your “Needs” and “Wants”. Property owners & owners to be, we have a team of Strategic Sales Advisors, in assisting you to maximize your gain in this Property Market. Whether you are selling, buying, or renting, you will be well-taken care of by our Strategic Advisory Team (with Proven Track Record). Property Planning is a “Big Thing” in your Life. Having the Right Team is Important. Engage us NOW and we assure you with a smooth and pleasant transaction. YOU ARE JUST ONE CALL AWAY FROM MAKING THE BEST DECISION IN YOUR LIFE. - BUY/SELL/RENT - HDB/Private Property Right Sizing - HDB/Private Property Relocating - Buying your 1st Property (HDB/Private) - Renting Out your HDB/Private Property - Resale / New Launches - Investment / Managing your Properties - Commercial / Industrial - Offices / Shop / Warehouse - Freehold / Leasehold - Valuation Guide - TDSR / MSR / IPA / ABSD / SSD Guideline - Maximizing Your Gain My Team and I, understand your Need & Want are our priorities! 100% COMMITMENT!! Nothing Less!! And a Customize PETER TAN @ 9144XXXX
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Total Transactions
20
Average Price
S2.4M
Total Value
S47.9M
Calculating fair value from URA transaction data…
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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$95,696
S$638 psf
Asking Price
S$1,500
S$10 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
72 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Bartley
596m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$608
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.029
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$638
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 8 LOR LEW LIAN Floor 07 TO 09 | 474sqft | S$290,000 | ▼S$612 -4.1% vs FV | 99yr from 1978 |
Aug 2025 | Blk 8 LOR LEW LIAN Floor 07 TO 09 | 474sqft | S$290,000 | ▼S$612 -4.1% vs FV | 99yr from 1978 |
May 2024 | Blk 8 LOR LEW LIAN Floor 10 TO 12 | 474sqft | S$286,000 | ▼S$604 -5.3% vs FV | 99yr from 1978 |
Blk 8 LOR LEW LIAN
Aug 2025 · Floor 07 TO 09
-4.1% vs FV
Blk 8 LOR LEW LIAN
Aug 2025 · Floor 07 TO 09
-4.1% vs FV
Blk 8 LOR LEW LIAN
May 2024 · Floor 10 TO 12
-5.3% vs FV
HELIOS AI Analysis
The valuation of the HDB 2-room unit in Serangoon, with a remaining lease of 72 years, stands at an estimated value of $95,696, translating to a price per square foot (PSF) of $638. This figure reflects a stable market price with no deviation from the baseline, indicating a current equilibrium in the local property landscape. The analysis is derived from two recent HDB resale transactions in the vicinity, providing a foundational basis for this assessment, albeit with low model confidence due to the limited data points.
In the context of Singapore's evolving real estate market, the remaining lease of 72 years presents both opportunities and challenges. As properties age, lease decay becomes a critical factor influencing buyer sentiment and investment potential. The Serangoon area, known for its vibrant community and accessibility, remains an attractive locale for potential buyers. However, the low model confidence suggests that fluctuations may occur in the near term, influenced by broader market trends and shifts in buyer preferences. Stakeholders should approach this valuation with a keen awareness of the dynamic market forces at play.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.