23 Balam Road 370023, Macpherson, Central Region, Singapore
$339,000
3S Balam Rd Blk 23 #05 2 bed rm with Utility room Upgraded (HIP) Nicely Renovated Full kitchen cabinet Quiet and Privacy Living rm facing South Entrance facing South Near to Shops, Market & Eateries Mins to MRT - Paya Lebar & Tai Seng 60sqm / 646sqft Asking at $339K up Blk 23 Balam Rd (S370023) Lease Start Date: 1st Jan 1967 Lease Balance: 39yrs 10mth (59yrs 2mths) (As at date of enquiry March 2026) For all Enquiries & Viewing Saz 9025XXXX / Zar 9474XXXX PropNex Realty Pte Ltd All Other Enquiries Welcome 21 years experience in Real Estate HDB / Private houses / Condo HDB Policy, / Housing Grants Fiancé / Singles / Family scheme Divorce Estate Bankruptcies Cases Reposes Cases Refinance Mortgage For all Enquiries / Free Consultation Saz 9025XXXX / Zar 9474XXXX PropNex Realty Pte Ltd All Other Enquiries Welcome 25 years experience in Real Estate ▪️HDB / Private houses / Condo ▪️1st Timer Purchase - HDB resale ▪️Fiancé / Singles / Family scheme ▪️Retirees selling after age 55 yrs ▪️Housing Grants $10K to $230k ▪️Divorce & Estate matters ▪️Bankruptcies Cases ▪️Reposes Cases ▪️HDB / Bank loan / Refinance Mortgage A Must View Unit Pls Call / SMS / Whatsapp: Zar 9474XXXX Saz 9025XXXX PropNex Realty Pte Ltd EMAIL : saz.propnex@gmail.com zarwright.propnex@gmail.com WEBSITE : https://bit.ly/sazalipropnex www.99.co FB PAGE : https://www.facebook.com/SazaliPropnex/
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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 10 HDB resale transactions (data.gov.sg)
Fair Value
S$212,085
S$290 psf
Asking Price
S$339,000
S$464 psf
vs Market
+59.8%
vs Last Done
-7.4%
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
10 comps
Nearest MRT
Tai Seng
566m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
10 comparable transactions
S$498
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.571
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$290
Recent Comparable Transactions
10 shown · 10 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$325,000 | ▲S$501 +72.8% vs FV | 99yr from 1967 |
Mar 2026 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$325,000 | ▲S$501 +72.8% vs FV | 99yr from 1967 |
Jan 2026 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$302,000 | ▲S$465 +60.3% vs FV | 99yr from 1967 |
Sep 2025 | Blk 23 BALAM RD Floor 01 TO 03 | 649sqft | S$290,000 | ▲S$447 +54.1% vs FV | 99yr from 1967 |
Aug 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$323,800 | ▲S$499 +72.1% vs FV | 99yr from 1967 |
Apr 2025 | Blk 23 BALAM RD Floor 04 TO 06 | 649sqft | S$322,000 | ▲S$496 +71.0% vs FV | 99yr from 1967 |
Mar 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$335,000 | ▲S$516 +77.9% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 04 TO 06 | 649sqft | S$305,000 | ▲S$470 +62.1% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 04 TO 06 | 649sqft | S$330,000 | ▲S$508 +75.2% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$353,088 | ▲S$544 +87.6% vs FV | 99yr from 1967 |
Jan 2025 | Blk 23 BALAM RD Floor 07 TO 09 | 649sqft | S$345,000 | ▲S$532 +83.4% vs FV | 99yr from 1967 |
Blk 23 BALAM RD
Mar 2026 · Floor 01 TO 03
+72.8% vs FV
Blk 23 BALAM RD
Mar 2026 · Floor 01 TO 03
+72.8% vs FV
Blk 23 BALAM RD
Jan 2026 · Floor 07 TO 09
+60.3% vs FV
Blk 23 BALAM RD
Sep 2025 · Floor 01 TO 03
+54.1% vs FV
Blk 23 BALAM RD
Aug 2025 · Floor 07 TO 09
+72.1% vs FV
Blk 23 BALAM RD
Apr 2025 · Floor 04 TO 06
+71.0% vs FV
Blk 23 BALAM RD
Mar 2025 · Floor 07 TO 09
+77.9% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 04 TO 06
+62.1% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 04 TO 06
+75.2% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 07 TO 09
+87.6% vs FV
Blk 23 BALAM RD
Jan 2025 · Floor 07 TO 09
+83.4% vs FV
HELIOS AI Analysis
The valuation of the HDB 3-room unit located in Geylang, with a remaining lease of 40 years, presents an intriguing case study in the current Singaporean real estate landscape. With an estimated value of $212,085, equating to $290 per square foot, this property is currently positioned significantly above the market baseline by 59.8%. This premium valuation signals strong demand dynamics in the Geylang precinct, which is characterized by its strategic location and vibrant community amenities.
While the model confidence is rated as medium, the analysis is bolstered by recent data from 10 comparable HDB resale transactions in the vicinity. The elevated valuation can be attributed to several factors, including the area's ongoing urban rejuvenation and its accessibility to key transport nodes, which enhance its appeal to both owner-occupiers and investors alike. As the property market continues to evolve, the 40-year lease remaining on this unit will be a critical factor influencing buyer sentiment, particularly among those who may prioritize lease duration in their purchasing decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.