245 Bishan Street 22 570245, Marymount, Central Region, Singapore
$1,650,000
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: L3008022J
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.17M
S$707 psf
Asking Price
S$1.65M
S$995 psf
vs Market
+40.7%
vs Last Done
+27.2%
Tenure
63 yrs
99-year Leasehold · Balance remaining
Confidence
Low
3 comps
Nearest MRT
Bishan
1161m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$786
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.900
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$707
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,582sqft | S$1,238,000 | ▲S$782 +10.6% vs FV | 99yr from 1992 |
Oct 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,582sqft | S$1,238,000 | ▲S$782 +10.6% vs FV | 99yr from 1992 |
Aug 2024 | Blk 245 BISHAN ST 22 Floor 10 TO 12 | 1,658sqft | S$1,280,000 | ▲S$772 +9.2% vs FV | 99yr from 1992 |
Aug 2024 | Blk 245 BISHAN ST 22 Floor 04 TO 06 | 1,593sqft | S$1,280,000 | ▲S$803 +13.6% vs FV | 99yr from 1992 |
Blk 245 BISHAN ST 22
Oct 2024 · Floor 10 TO 12
+10.6% vs FV
Blk 245 BISHAN ST 22
Oct 2024 · Floor 10 TO 12
+10.6% vs FV
Blk 245 BISHAN ST 22
Aug 2024 · Floor 10 TO 12
+9.2% vs FV
Blk 245 BISHAN ST 22
Aug 2024 · Floor 04 TO 06
+13.6% vs FV
HELIOS AI Analysis
In the dynamic landscape of Singapore's real estate market, the valuation of the HDB Executive unit in Bishan presents a compelling case for analysis. With a remaining lease of 63 years and an estimated value of $1,172,897, equating to approximately $707 per square foot, this property positions itself above the market baseline by a significant 40.7%. This premium valuation not only reflects the desirability of the Bishan locale, known for its strategic connectivity, educational institutions, and community amenities, but also underscores the competitive nature of the HDB market in this sought-after district.
However, it is crucial to note that the model confidence for this valuation is classified as low, indicating a degree of uncertainty in the market signals captured. This conclusion is drawn from a limited dataset of three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends. Investors and potential buyers should exercise caution and consider additional market factors, including economic shifts and demographic changes, that may influence future valuations and the overall resilience of the HDB market in Bishan.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.