Merino Crescent, Mei Chin, Central Region, Singapore
$15,888,000
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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 7 HDB resale transactions (data.gov.sg) · 3 outliers removed (IQR)
Fair Value
S$9.90M
S$727 psf
Asking Price
S$15.89M
S$3,083 psf
vs Market
+60.5%
vs Last Done
+254.0%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
7 comps
Nearest MRT
Queenstown
353m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
7 comparable transactions
S$836
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$727
Recent Comparable Transactions
7 shown · 7 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +19.8% vs FV | 99yr from 1995 |
Feb 2026 | Blk 148 MEI LING ST Floor 04 TO 06 | 1,561sqft | S$1,360,000 | ▲S$871 +19.8% vs FV | 99yr from 1995 |
Jan 2026 | Blk 148 MEI LING ST Floor 01 TO 03 | 1,615sqft | S$1,210,000 | ▲S$749 +3.0% vs FV | 99yr from 1995 |
Jun 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,582sqft | S$1,300,000 | ▲S$822 +13.1% vs FV | 99yr from 1995 |
May 2025 | Blk 150 MEI LING ST Floor 04 TO 06 | 1,528sqft | S$1,320,500 | ▲S$864 +18.8% vs FV | 99yr from 1995 |
May 2025 | Blk 148 MEI LING ST Floor 10 TO 12 | 1,561sqft | S$1,350,000 | ▲S$865 +19.0% vs FV | 99yr from 1995 |
Feb 2025 | Blk 150 MEI LING ST Floor 01 TO 03 | 1,528sqft | S$1,278,000 | ▲S$836 +15.0% vs FV | 99yr from 1995 |
Nov 2024 | Blk 148 MEI LING ST Floor 19 TO 21 | 1,604sqft | S$1,350,000 | ▲S$842 +15.8% vs FV | 99yr from 1995 |
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+19.8% vs FV
Blk 148 MEI LING ST
Feb 2026 · Floor 04 TO 06
+19.8% vs FV
Blk 148 MEI LING ST
Jan 2026 · Floor 01 TO 03
+3.0% vs FV
Blk 150 MEI LING ST
Jun 2025 · Floor 04 TO 06
+13.1% vs FV
Blk 150 MEI LING ST
May 2025 · Floor 04 TO 06
+18.8% vs FV
Blk 148 MEI LING ST
May 2025 · Floor 10 TO 12
+19.0% vs FV
Blk 150 MEI LING ST
Feb 2025 · Floor 01 TO 03
+15.0% vs FV
Blk 148 MEI LING ST
Nov 2024 · Floor 19 TO 21
+15.8% vs FV
HELIOS AI Analysis
In the vibrant district of Queenstown, the valuation of the HDB Executive property reflects a notable market position with an estimated value of $9,897,530, translating to $727 PSF. This valuation is approximately 60.5% above the established market baseline, indicating a robust demand for HDB properties in this sought-after locale. The remaining lease of 58 years presents unique dynamics, as properties with extended leases typically garner higher valuations due to their perceived longevity and investment appeal.
However, it is critical to note that the model confidence in this valuation is categorized as low, suggesting potential volatility in market conditions or limited comparable data. The valuation is grounded in analysis from seven recent HDB resale transactions within the vicinity, which may not fully encapsulate the broader market trends or the specific desirability of the property in question. Investors and potential buyers should consider these factors carefully, weighing the current premium against the inherent risks associated with a lower confidence level in the valuation model.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.