Pasir Panjang Hill, Pasir Panjang 1, Central Region, Singapore
$1,500 /month
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Total Transactions
3
Average Price
S4.6M
Total Value
S13.8M
Calculating fair value from URA transaction data…


License: L3007139C
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Estimated sale value based on 59 HDB resale transactions (data.gov.sg) · 8 outliers removed (IQR)
Fair Value
S$101,748
S$678 psf
Asking Price
S$1,500
S$10 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
77 yrs
99-year Leasehold · Balance remaining
Confidence
High
59 comps
Nearest MRT
Haw Par Villa
411m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
59 comparable transactions
S$615
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$678
Recent Comparable Transactions
10 shown · 59 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 48 LOWER DELTA RD Floor 04 TO 06 | 463sqft | S$282,000 | ▼S$609 -10.2% vs FV | 99yr from 1970 |
Apr 2026 | Blk 48 LOWER DELTA RD Floor 04 TO 06 | 463sqft | S$282,000 | ▼S$609 -10.2% vs FV | 99yr from 1970 |
Mar 2026 | Blk 28 HOY FATT RD Floor 13 TO 15 | 506sqft | S$260,000 | ▼S$514 -24.2% vs FV | 99yr from 1967 |
Mar 2026 | Blk 30 JLN KLINIK Floor 04 TO 06 | 527sqft | S$290,000 | ▼S$550 -18.9% vs FV | 99yr from 1969 |
Mar 2026 | Blk 48 LOWER DELTA RD Floor 10 TO 12 | 452sqft | S$276,000 | ▼S$611 -9.9% vs FV | 99yr from 1970 |
Feb 2026 | Blk 34 JLN BT HO SWEE Floor 01 TO 03 | 549sqft | S$255,000 | ▼S$465 -31.4% vs FV | 99yr from 1971 |
Feb 2026 | Blk 28 JLN BT MERAH Floor 04 TO 06 | 506sqft | S$255,000 | ▼S$504 -25.7% vs FV | 99yr from 1967 |
Jan 2026 | Blk 36 BEO CRES Floor 01 TO 03 | 581sqft | S$278,000 | ▼S$478 -29.5% vs FV | 99yr from 1971 |
Dec 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 506sqft | S$280,000 | ▼S$553 -18.4% vs FV | 99yr from 1967 |
Dec 2025 | Blk 28 JLN KLINIK Floor 04 TO 06 | 527sqft | S$285,000 | ▼S$540 -20.4% vs FV | 99yr from 1969 |
Dec 2025 | Blk 48 LOWER DELTA RD Floor 10 TO 12 | 463sqft | S$298,888 | ▼S$646 -4.7% vs FV | 99yr from 1970 |
Blk 48 LOWER DELTA RD
Apr 2026 · Floor 04 TO 06
-10.2% vs FV
Blk 48 LOWER DELTA RD
Apr 2026 · Floor 04 TO 06
-10.2% vs FV
Blk 28 HOY FATT RD
Mar 2026 · Floor 13 TO 15
-24.2% vs FV
Blk 30 JLN KLINIK
Mar 2026 · Floor 04 TO 06
-18.9% vs FV
Blk 48 LOWER DELTA RD
Mar 2026 · Floor 10 TO 12
-9.9% vs FV
Blk 34 JLN BT HO SWEE
Feb 2026 · Floor 01 TO 03
-31.4% vs FV
Blk 28 JLN BT MERAH
Feb 2026 · Floor 04 TO 06
-25.7% vs FV
Blk 36 BEO CRES
Jan 2026 · Floor 01 TO 03
-29.5% vs FV
Blk 28 JLN BT MERAH
Dec 2025 · Floor 07 TO 09
-18.4% vs FV
Blk 28 JLN KLINIK
Dec 2025 · Floor 04 TO 06
-20.4% vs FV
Blk 48 LOWER DELTA RD
Dec 2025 · Floor 10 TO 12
-4.7% vs FV
HELIOS AI Analysis
In the vibrant residential landscape of Bukit Merah, the valuation of a 2-room HDB unit stands at an estimated value of $101,748, translating to an impressive $678 per square foot (PSF). This valuation reflects a robust market signal, as it indicates a 0% difference from the baseline price, suggesting that the property is accurately priced in alignment with current market conditions. The remaining lease of 77 years further enhances its appeal, providing prospective buyers with ample time to enjoy this asset while also positioning it favorably within the market dynamics.
The analysis is underpinned by a comprehensive review of 59 recent HDB resale transactions in the vicinity, which reinforces the confidence in the model's accuracy, rated as high. This data-driven approach not only highlights the stability of the Bukit Merah area but also emphasizes the enduring demand for HDB units within established neighborhoods. As the market continues to evolve, this valuation serves as a key indicator for both investors and homeowners seeking to navigate the dynamic real estate landscape of Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.