Pasir Panjang Road, Pasir Panjang 1, Central Region, Singapore
$1,100 /month
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Total Transactions
12
Average Price
S1.4M
Total Value
S16.5M
Calculating fair value from URA transaction data…


License: L3008899K
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Estimated sale value based on 60 HDB resale transactions (data.gov.sg) · 8 outliers removed (IQR)
Fair Value
S$203,771
S$679 psf
Asking Price
S$1,100
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
60 comps
Nearest MRT
Haw Par Villa
154m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
60 comparable transactions
S$616
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$679
Recent Comparable Transactions
10 shown · 60 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 -10.3% vs FV | 99yr from 1970 |
Apr 2026 | Blk 48 LOWER DELTA RD Floor 04 TO 06 | 463sqft | S$282,000 | ▼S$609 -10.3% vs FV | 99yr from 1970 |
Apr 2026 | Blk 76 TELOK BLANGAH DR Floor 13 TO 15 | 474sqft | S$315,000 | ▼S$665 -2.1% vs FV | 99yr from 1978 |
Mar 2026 | Blk 28 HOY FATT RD Floor 13 TO 15 | 506sqft | S$260,000 | ▼S$514 -24.3% vs FV | 99yr from 1967 |
Mar 2026 | Blk 30 JLN KLINIK Floor 04 TO 06 | 527sqft | S$290,000 | ▼S$550 -19.0% vs FV | 99yr from 1969 |
Mar 2026 | Blk 48 LOWER DELTA RD Floor 10 TO 12 | 452sqft | S$276,000 | ▼S$611 -10.0% vs FV | 99yr from 1970 |
Feb 2026 | Blk 34 JLN BT HO SWEE Floor 01 TO 03 | 549sqft | S$255,000 | ▼S$465 -31.5% vs FV | 99yr from 1971 |
Feb 2026 | Blk 28 JLN BT MERAH Floor 04 TO 06 | 506sqft | S$255,000 | ▼S$504 -25.8% vs FV | 99yr from 1967 |
Jan 2026 | Blk 36 BEO CRES Floor 01 TO 03 | 581sqft | S$278,000 | ▼S$478 -29.6% vs FV | 99yr from 1971 |
Dec 2025 | Blk 28 JLN BT MERAH Floor 07 TO 09 | 506sqft | S$280,000 | ▼S$553 -18.6% vs FV | 99yr from 1967 |
Dec 2025 | Blk 28 JLN KLINIK Floor 04 TO 06 | 527sqft | S$285,000 | ▼S$540 -20.5% vs FV | 99yr from 1969 |
Blk 48 LOWER DELTA RD
Apr 2026 · Floor 04 TO 06
-10.3% vs FV
Blk 48 LOWER DELTA RD
Apr 2026 · Floor 04 TO 06
-10.3% vs FV
Blk 76 TELOK BLANGAH DR
Apr 2026 · Floor 13 TO 15
-2.1% vs FV
Blk 28 HOY FATT RD
Mar 2026 · Floor 13 TO 15
-24.3% vs FV
Blk 30 JLN KLINIK
Mar 2026 · Floor 04 TO 06
-19.0% vs FV
Blk 48 LOWER DELTA RD
Mar 2026 · Floor 10 TO 12
-10.0% vs FV
Blk 34 JLN BT HO SWEE
Feb 2026 · Floor 01 TO 03
-31.5% vs FV
Blk 28 JLN BT MERAH
Feb 2026 · Floor 04 TO 06
-25.8% vs FV
Blk 36 BEO CRES
Jan 2026 · Floor 01 TO 03
-29.6% vs FV
Blk 28 JLN BT MERAH
Dec 2025 · Floor 07 TO 09
-18.6% vs FV
Blk 28 JLN KLINIK
Dec 2025 · Floor 04 TO 06
-20.5% vs FV
HELIOS AI Analysis
In the vibrant locale of Bukit Merah, the valuation for a HDB 2 Room unit reveals a compelling estimated value of $203,771, translating to a price per square foot (PSF) of $679. With a remaining lease of 75 years, this property exemplifies a prime opportunity in a mature estate, where demand remains robust due to its strategic location and accessibility. The market signal indicates a stability in pricing, showcasing a 0% difference from the baseline, which reflects a balanced equilibrium between supply and demand in this segment.
The model confidence for this valuation is rated as high, bolstered by an analysis of 60 recent HDB resale transactions within the vicinity. This substantial dataset provides a solid foundation for understanding market dynamics, indicating that buyers are willing to pay premium prices for properties in well-established areas like Bukit Merah. The consistent pricing trends suggest that the market is resilient, with the potential for future appreciation as urban development and amenities enhance the appeal of the neighborhood. As such, this HDB unit represents not only a home but also a strategic investment in Singapore's evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.