342 Balestier Road 329774, Balestier, Central Region, Singapore
$3,280,000
Vintage Charm Meets Urban Convenience Along Balestier Road Discover this prime city-fringe property, situated along a storied stretch where heritage streetscapes blend with contemporary living, this spacious walk-up residence presents a rare opportunity for those seeking character, comfort, and connectivity. Set above a commercial component of a traditional shophouse in a mixed development zone, it offers generous proportions and a distinctive address with excellent access to daily amenities and city transport. Thoughtfully positioned within a vibrant precinct, it promises ease of living in a well-connected enclave. Property Details: ● Address: Along Balestier Road ● Tenure/Type: 9999yrs/ Walk-up residential apartment situated above the commercial component of a shophouse ● Built-up Size: 2,022 sqft ● Guide Price: $3,280,000 ● Layout: Expansive footprint suited for flexible planning, multi-generational use, or bespoke interior concepts ● Orientation: Elevated walk-up setting offering privacy from street level activity ● Surroundings: Along a prime stretch of Balestier Road known for its blend of heritage architecture & modern conveniences ● Lifestyle: Proximity to everyday essentials, eateries, services & wellness options ● Appeal: Distinctive character home with generous indoor space in a central city-fringe locale ● Walk to famous eateries (Loy Kee/Boon Tong Kee Chicken Rice, Founder Bak Ku Teh, Whampoa Keng Fish Head Steamboat) ● Right next to Shaw Plaza, a brand new lifestyle mall with popular eateries, restaurants, NTUC Finest & retail shops as well as Zhong San Mall ● Walking distance to Whampoa Wet Market & Food Centre ● Close proximity to Novena MRT & Shopping Malls, Tan Tock Seng Hospital & Novena Medical Hub ● Nearest primary schools are Hong Wen School, Balestier Hill Primary School & St Joseph's Institution Junior ● Easy access to Pan Island Expressway (PIE) & Central Expressway (CTE) Contact Mark Kong @ 9388 XXXX for an exclusive viewing appt now!
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Total Transactions
4
Average Price
S1.4M
Total Value
S5.4M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 69 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$1.70M
S$843 psf
Asking Price
S$3.28M
S$1,622 psf
vs Market
+92.4%
vs Last Done
+89.7%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
69 comps
Nearest MRT
Novena
970m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
69 comparable transactions
S$787
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$843
Recent Comparable Transactions
10 shown · 69 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.4% vs FV | 99yr from 1989 |
Aug 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,615sqft | S$1,380,000 | ▲S$855 +1.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 452 SIN MING AVE Floor 01 TO 03 | 1,572sqft | S$1,250,000 | ▼S$795 -5.7% vs FV | 99yr from 1989 |
Oct 2024 | Blk 404 SIN MING AVE Floor 01 TO 03 | 1,604sqft | S$1,080,000 | ▼S$673 -20.2% vs FV | 99yr from 1986 |
Sep 2024 | Blk 449 SIN MING AVE Floor 10 TO 12 | 2,034sqft | S$1,280,000 | ▼S$629 -25.4% vs FV | 99yr from 1990 |
Jun 2024 | Blk 447 BRIGHT HILL DR Floor 22 TO 24 | 1,873sqft | S$1,480,000 | ▼S$790 -6.3% vs FV | 99yr from 1990 |
Mar 2026 | Blk 257 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,080,000 | ▼S$678 -19.6% vs FV | 99yr from 1992 |
Mar 2026 | Blk 301 SHUNFU RD Floor 10 TO 12 | 1,582sqft | S$1,420,000 | ▲S$897 +6.4% vs FV | 99yr from 1985 |
Feb 2026 | Blk 257 BISHAN ST 22 Floor 01 TO 03 | 1,572sqft | S$1,168,000 | ▼S$743 -11.9% vs FV | 99yr from 1992 |
Jan 2026 | Blk 160 BISHAN ST 13 Floor 01 TO 03 | 1,636sqft | S$1,350,000 | ▼S$825 -2.1% vs FV | 99yr from 1987 |
Jan 2026 | Blk 187 BISHAN ST 13 Floor 07 TO 09 | 1,572sqft | S$1,398,888 | ▲S$890 +5.6% vs FV | 99yr from 1987 |
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.4% vs FV
Blk 452 SIN MING AVE
Aug 2025 · Floor 01 TO 03
+1.4% vs FV
Blk 452 SIN MING AVE
Apr 2025 · Floor 01 TO 03
-5.7% vs FV
Blk 404 SIN MING AVE
Oct 2024 · Floor 01 TO 03
-20.2% vs FV
Blk 449 SIN MING AVE
Sep 2024 · Floor 10 TO 12
-25.4% vs FV
Blk 447 BRIGHT HILL DR
Jun 2024 · Floor 22 TO 24
-6.3% vs FV
Blk 257 BISHAN ST 22
Mar 2026 · Floor 04 TO 06
-19.6% vs FV
Blk 301 SHUNFU RD
Mar 2026 · Floor 10 TO 12
+6.4% vs FV
Blk 257 BISHAN ST 22
Feb 2026 · Floor 01 TO 03
-11.9% vs FV
Blk 160 BISHAN ST 13
Jan 2026 · Floor 01 TO 03
-2.1% vs FV
Blk 187 BISHAN ST 13
Jan 2026 · Floor 07 TO 09
+5.6% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property located in the highly sought-after district of Bishan reflects a compelling market signal that indicates robust demand for executive flats in the area. With an estimated value of $1,704,519 or $843 PSF, this property is positioned significantly above the market baseline by 92.4%. This notable premium is indicative of Bishan’s desirability, characterized by its strategic location, proximity to essential amenities, and excellent transport links, which collectively enhance the appeal of HDB living in this district.
Furthermore, the remaining lease of 75 years adds to the property's intrinsic value, providing potential buyers with a long-term tenure in an area that has consistently demonstrated strong capital appreciation. The model confidence rating of High is substantiated by an analysis of 69 recent HDB resale transactions in the vicinity, affirming the reliability of the valuation amidst a competitive market landscape. This analysis underscores the dynamic nature of the Bishan HDB market, where demand continues to outstrip supply, further reinforcing the investment potential of this property for discerning buyers.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.