Chwee Chian Road, Pasir Panjang 2, Central Region, Singapore
$1,550 /month

Banyan Park, 98 Chwee Chian Road Singapore 117662 video link : https://youtube.com/shorts/wUMemDuGAeo?si=GMjIZeRPCzJglWXj Room Type - Beautiful Single Common Room + Balcony, 3-storey Terrace House - Fully Furnished with Air-con - cooking allowed, no landlord staying - 6 common rooms sharing 3 common bathrooms, maid cleaning every week -Rent: $1550/mth/room for 1 person , Single Common room (level 2 room 1 - Free WiFi - Rental price inclusive of utilities with a house cap Available on june 1, 2026 Nearest MRT Stations CC26 Pasir Panjang MRT (0.64 km) CC25 Haw Par Villa MRT (0.85 km) CC24 Kent Ridge MRT (1.54 km) CC27 Labrador Park MRT (1.73km) Buses: 10, 30, 30E, 51, 143, 175, 176, 188, 200 - 10 minutes by car via West-Coast Highway to Business Hub Amenities nearby - Pasir Panjang food court (0.64 km) - 1 convinence store nearby - Queensway Shopping Centre (2.01km) - Anchorpoint Shoppint Center (2.26km) - IKEA Alexandra (2.28km) - Depot Heights Shoppint Center (2.45km) - Vivo City, where a host of amenities are readily available, such as retail outlets, supermarkets, restaurants and eating establishments, banks, cinemas and other entertainment facilities. - Kent Ridge Park and Jambol Place Park What’s App/Contact Now for Viewing: +65 9.2.7.2-3.8.6.2 宋憶秀 House @CC26 Pasir Panjang MRT
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Total Transactions
6
Average Price
S4.2M
Total Value
S25.2M
Calculating fair value from URA transaction data…


License: L3009250K
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Estimated sale value based on 58 HDB resale transactions (data.gov.sg) · 8 outliers removed (IQR)
Fair Value
S$163,839
S$655 psf
Asking Price
S$1,550
S$7 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
71 yrs
99-year Leasehold · Balance remaining
Confidence
High
58 comps
Nearest MRT
Pasir Panjang
419m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
58 comparable transactions
S$615
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$655
Recent Comparable Transactions
10 shown · 58 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 28 HOY FATT RD Floor 13 TO 15 | 506sqft | S$260,000 | ▼S$514 -21.5% vs FV | 99yr from 1967 |
Mar 2026 | Blk 28 HOY FATT RD Floor 13 TO 15 | 506sqft | S$260,000 | ▼S$514 -21.5% vs FV | 99yr from 1967 |
Mar 2026 | Blk 30 JLN KLINIK Floor 04 TO 06 | 527sqft | S$290,000 | ▼S$550 -16.0% vs FV | 99yr from 1969 |
Mar 2026 | Blk 48 LOWER DELTA RD Floor 10 TO 12 | 452sqft | S$276,000 | ▼S$611 -6.7% vs FV | 99yr from 1970 |
Feb 2026 | Blk 34 JLN BT HO SWEE Floor 01 TO 03 | 549sqft | S$255,000 | ▼S$465 -29.0% vs FV | 99yr from 1971 |
Feb 2026 | Blk 28 JLN BT MERAH Floor 04 TO 06 | 506sqft | S$255,000 | ▼S$504 -23.1% vs FV | 99yr from 1967 |
Jan 2026 | Blk 36 BEO CRES Floor 01 TO 03 | 581sqft | S$278,000 | ▼S$478 -27.0% vs FV | 99yr from 1971 |
Dec 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 506sqft | S$280,000 | ▼S$553 -15.6% vs FV | 99yr from 1967 |
Dec 2025 | Blk 28 JLN KLINIK Floor 04 TO 06 | 527sqft | S$285,000 | ▼S$540 -17.6% vs FV | 99yr from 1969 |
Dec 2025 | Blk 48 LOWER DELTA RD Floor 10 TO 12 | 463sqft | S$298,888 | ▼S$646 -1.4% vs FV | 99yr from 1970 |
Nov 2025 | Blk 30 JLN KLINIK Floor 04 TO 06 | 527sqft | S$290,000 | ▼S$550 -16.0% vs FV | 99yr from 1969 |
Blk 28 HOY FATT RD
Mar 2026 · Floor 13 TO 15
-21.5% vs FV
Blk 28 HOY FATT RD
Mar 2026 · Floor 13 TO 15
-21.5% vs FV
Blk 30 JLN KLINIK
Mar 2026 · Floor 04 TO 06
-16.0% vs FV
Blk 48 LOWER DELTA RD
Mar 2026 · Floor 10 TO 12
-6.7% vs FV
Blk 34 JLN BT HO SWEE
Feb 2026 · Floor 01 TO 03
-29.0% vs FV
Blk 28 JLN BT MERAH
Feb 2026 · Floor 04 TO 06
-23.1% vs FV
Blk 36 BEO CRES
Jan 2026 · Floor 01 TO 03
-27.0% vs FV
Blk 28 JLN BT MERAH
Dec 2025 · Floor 07 TO 09
-15.6% vs FV
Blk 28 JLN KLINIK
Dec 2025 · Floor 04 TO 06
-17.6% vs FV
Blk 48 LOWER DELTA RD
Dec 2025 · Floor 10 TO 12
-1.4% vs FV
Blk 30 JLN KLINIK
Nov 2025 · Floor 04 TO 06
-16.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 2 Room unit in Bukit Merah, with a remaining lease of 71 years, stands at an estimated value of $163,839, translating to a price per square foot (PSF) of $655. This valuation signals a stable market position as it reflects a 0% difference from the baseline, indicating that the property is priced consistently within the prevailing market trends. The model confidence is rated as high, bolstered by robust data derived from 58 recent HDB resale transactions in the vicinity, suggesting reliable comparables and a solid understanding of the local market dynamics.
In the context of Singapore's real estate landscape, properties with a remaining lease of 71 years are typically viewed with a cautious lens, yet they continue to attract potential buyers due to their strategic locations and community amenities. Bukit Merah, known for its vibrant community and accessibility, remains a sought-after locale. The current valuation not only reflects the underlying demand for HDB units in this area but also emphasizes the importance of lease longevity in influencing buyer sentiment. As the market continues to evolve, this property stands as a testament to the delicate balance between lease tenure and market value, reaffirming its status as a prudent investment choice for discerning buyers.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.