Chwee Chian Road, Pasir Panjang 2, Central Region, Singapore
$990









1.Common room with balcony. Single $1580. (room 2, on L2). Immediate. 2.Budget room with air con. $990. Available 14/1/26. (Rm B)
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Total Transactions
6
Average Price
S4.2M
Total Value
S25.2M
Calculating fair value from URA transaction data…


License: L3009250K
Estimated sale value based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$189,321
S$947 psf
Asking Price
S$990
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.2%
Tenure
71 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Pasir Panjang
419m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$889
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.014
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$947
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 108 BT PURMEI RD Floor 10 TO 12 | 1,119sqft | S$720,000 | ▼S$643 -32.1% vs FV | 99yr from 1984 |
Mar 2026 | Blk 108 BT PURMEI RD Floor 10 TO 12 | 1,119sqft | S$720,000 | ▼S$643 -32.1% vs FV | 99yr from 1984 |
Mar 2026 | Blk 110A DEPOT RD Floor 10 TO 12 | 990sqft | S$870,000 | ▼S$879 -7.2% vs FV | 99yr from 2017 |
Mar 2026 | Blk 53 HAVELOCK RD Floor 31 TO 33 | 1,012sqft | S$1,148,000 | ▲S$1,135 +19.9% vs FV | 99yr from 2013 |
Mar 2026 | Blk 53 HAVELOCK RD Floor 22 TO 24 | 1,023sqft | S$1,160,000 | ▲S$1,134 +19.7% vs FV | 99yr from 2013 |
Mar 2026 | Blk 96A HENDERSON RD Floor 13 TO 15 | 893sqft | S$938,000 | ▲S$1,050 +10.9% vs FV | 99yr from 2019 |
Mar 2026 | Blk 119C KIM TIAN RD Floor 07 TO 09 | 990sqft | S$920,000 | ▼S$929 -1.9% vs FV | 99yr from 2003 |
Mar 2026 | Blk 14A TELOK BLANGAH CRES Floor 13 TO 15 | 1,087sqft | S$825,000 | ▼S$759 -19.9% vs FV | 99yr from 1999 |
Mar 2026 | Blk 90B TELOK BLANGAH ST 31 Floor 13 TO 15 | 1,001sqft | S$928,000 | ▼S$927 -2.1% vs FV | 99yr from 2018 |
Mar 2026 | Blk 90A TELOK BLANGAH ST 31 Floor 07 TO 09 | 1,001sqft | S$919,000 | ▼S$918 -3.1% vs FV | 99yr from 2018 |
Mar 2026 | Blk 90A TELOK BLANGAH ST 31 Floor 25 TO 27 | 1,001sqft | S$1,040,000 | ▲S$1,039 +9.7% vs FV | 99yr from 2018 |
Blk 108 BT PURMEI RD
Mar 2026 · Floor 10 TO 12
-32.1% vs FV
Blk 108 BT PURMEI RD
Mar 2026 · Floor 10 TO 12
-32.1% vs FV
Blk 110A DEPOT RD
Mar 2026 · Floor 10 TO 12
-7.2% vs FV
Blk 53 HAVELOCK RD
Mar 2026 · Floor 31 TO 33
+19.9% vs FV
Blk 53 HAVELOCK RD
Mar 2026 · Floor 22 TO 24
+19.7% vs FV
Blk 96A HENDERSON RD
Mar 2026 · Floor 13 TO 15
+10.9% vs FV
Blk 119C KIM TIAN RD
Mar 2026 · Floor 07 TO 09
-1.9% vs FV
Blk 14A TELOK BLANGAH CRES
Mar 2026 · Floor 13 TO 15
-19.9% vs FV
Blk 90B TELOK BLANGAH ST 31
Mar 2026 · Floor 13 TO 15
-2.1% vs FV
Blk 90A TELOK BLANGAH ST 31
Mar 2026 · Floor 07 TO 09
-3.1% vs FV
Blk 90A TELOK BLANGAH ST 31
Mar 2026 · Floor 25 TO 27
+9.7% vs FV
HELIOS AI Analysis
<p>In the competitive landscape of Singapore's real estate market, the valuation of the HDB 4-room unit in Bukit Merah stands at an estimated value of <strong>$189,321</strong>, translating to a price per square foot of <strong>$947</strong>. This valuation is particularly noteworthy given the property’s remaining lease of 71 years, which positions it favorably among prospective buyers seeking long-term investment opportunities in a vibrant urban enclave.</p> <p>The market signal reflects a <strong>0% difference</strong> from the baseline, indicating a stable pricing environment for HDB properties in this area. The model confidence is classified as <strong>high</strong>, supported by a robust analysis of <strong>500 recent HDB resale transactions</strong> in the vicinity. This strong dataset reinforces the reliability of the valuation, suggesting that the property is competitively priced within the current market dynamics, characterized by consistent demand for well-located units in Bukit Merah.</p> <p>As the market continues to evolve, the remaining lease is a critical factor influencing buyer sentiment. With urban development and amenities in close proximity, this property not only offers immediate living benefits but also stands as a viable long-term investment. The stability in pricing, coupled with a high confidence level in the valuation model, positions this HDB unit as an attractive opportunity for both first-time buyers and seasoned investors alike.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.