24 Balam Road 370024, Macpherson, Central Region, Singapore
$900 /month
The listing is for a Common Room available for rent in 24 Balam Road, a stunning HDB Flat in Singapore. Key feature ✓ Well-kept unit condition ✓ Well-maintained and renovated condition ✓ Semi furnished unit ✓ Windy ✓ Corridor unit ✓ Natural air ventilation ✓ Great ventilation ✓ Close to MRT ✓ Convenient location Searching for a property in Singapore? Look no further than this stunning HDB for Rent in Geylang. Located in Geylang HDB Estate, this development is part of District 13. Completed in 1965, Balam Gardens is a 99 year leasehold HDB Development with a total of 120 units. It has a total of 10 floors and is one of 13 HDB Blocks on Balam Road. If you are looking for a property in the Geylang, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • Macpherson (475 m) - 7 mins walk • MacPherson (482 m) - 7 mins walk • 2 MRTs within 1 km ⭑ Nearby Bus stops • Blk 36 (161 m) - 3 mins walk • Le Crescendo (212 m) - 3 mins walk • Opposite Le Crescendo (256 m) - 4 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Sheng Siong Supermarket (139 m) - 2 mins walk • Chiap Foong Store (269 m) - 4 mins walk • FairPrice - Circuit Blk 77 (301 m) - 5 mins walk • 2 more walking distance grocery stores within 500 m ⭑ Nearby Schools • Raffles House @Paya Lebar (203 m) - 3 mins walk • Terra Minds Science Learning Centre (382 m) - 6 mins walk • RightStart (556 m) - 8 mins drive • 7 more schools within 1 km ⭑ Nearby Parks • Balam Estate Rain Garden (213 m) - 3 mins walk • Balam Park Connector (272 m) - 4 mins walk • Paya Lebar Road Park (353 m) - 5 mins walk • 7 more parks within 1 km Please call Angela Tan from 99.co @ +659640XXXX to arrange for a viewing.
The following locations are within radius of this property, with distance shown in kilometers.
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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…


License: L3002382K
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Estimated sale value based on 19 HDB resale transactions (data.gov.sg)
Fair Value
S$36,538
S$365 psf
Asking Price
S$900
S$9 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
40 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Medium
19 comps
Nearest MRT
MacPherson
489m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
19 comparable transactions
S$609
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.571
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$365
Recent Comparable Transactions
10 shown · 19 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 70 CIRCUIT RD Floor 10 TO 12 | 452sqft | S$280,000 | ▲S$619 +69.6% vs FV | 99yr from 1969 |
Apr 2026 | Blk 70 CIRCUIT RD Floor 10 TO 12 | 452sqft | S$280,000 | ▲S$619 +69.6% vs FV | 99yr from 1969 |
Apr 2026 | Blk 70 CIRCUIT RD Floor 01 TO 03 | 431sqft | S$283,000 | ▲S$657 +80.0% vs FV | 99yr from 1969 |
Dec 2025 | Blk 52 CIRCUIT RD Floor 07 TO 09 | 484sqft | S$280,000 | ▲S$578 +58.4% vs FV | 99yr from 1969 |
Nov 2025 | Blk 63 CIRCUIT RD Floor 04 TO 06 | 484sqft | S$290,000 | ▲S$599 +64.1% vs FV | 99yr from 1967 |
Oct 2025 | Blk 70 CIRCUIT RD Floor 07 TO 09 | 452sqft | S$280,000 | ▲S$619 +69.6% vs FV | 99yr from 1969 |
Sep 2025 | Blk 70 CIRCUIT RD Floor 01 TO 03 | 484sqft | S$295,000 | ▲S$609 +66.8% vs FV | 99yr from 1969 |
Jul 2025 | Blk 72 CIRCUIT RD Floor 04 TO 06 | 452sqft | S$298,000 | ▲S$659 +80.5% vs FV | 99yr from 1969 |
Apr 2025 | Blk 71 CIRCUIT RD Floor 07 TO 09 | 452sqft | S$301,888 | ▲S$668 +83.0% vs FV | 99yr from 1969 |
Feb 2025 | Blk 68 CIRCUIT RD Floor 04 TO 06 | 484sqft | S$315,000 | ▲S$650 +78.1% vs FV | 99yr from 1969 |
Dec 2024 | Blk 71 CIRCUIT RD Floor 10 TO 12 | 452sqft | S$285,000 | ▲S$630 +72.6% vs FV | 99yr from 1969 |
Blk 70 CIRCUIT RD
Apr 2026 · Floor 10 TO 12
+69.6% vs FV
Blk 70 CIRCUIT RD
Apr 2026 · Floor 10 TO 12
+69.6% vs FV
Blk 70 CIRCUIT RD
Apr 2026 · Floor 01 TO 03
+80.0% vs FV
Blk 52 CIRCUIT RD
Dec 2025 · Floor 07 TO 09
+58.4% vs FV
Blk 63 CIRCUIT RD
Nov 2025 · Floor 04 TO 06
+64.1% vs FV
Blk 70 CIRCUIT RD
Oct 2025 · Floor 07 TO 09
+69.6% vs FV
Blk 70 CIRCUIT RD
Sep 2025 · Floor 01 TO 03
+66.8% vs FV
Blk 72 CIRCUIT RD
Jul 2025 · Floor 04 TO 06
+80.5% vs FV
Blk 71 CIRCUIT RD
Apr 2025 · Floor 07 TO 09
+83.0% vs FV
Blk 68 CIRCUIT RD
Feb 2025 · Floor 04 TO 06
+78.1% vs FV
Blk 71 CIRCUIT RD
Dec 2024 · Floor 10 TO 12
+72.6% vs FV
HELIOS AI Analysis
The valuation of this HDB 2-room unit in Geylang, with a remaining lease of 40 years, stands at an estimated value of $36,538, translating to a price per square foot (PSF) of $365. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this segment of the residential property market. The calculated value is supported by an analysis of 19 recent HDB resale transactions in the vicinity, which provides a robust dataset for comparison and reinforces the credibility of the valuation.
Despite the medium confidence level attributed to this model, the consistent market pricing suggests a balance between supply and demand, with potential buyers exhibiting a cautious yet steady interest in Geylang properties. The remaining lease of 40 years is a critical factor, as it influences buyer sentiment and investment strategies in the HDB market. As leasehold properties approach their expiry, market dynamics can shift; however, Geylang's strategic location and urban amenities may continue to uphold interest in this area, despite the lease term considerations.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.