HomeBuyCondominiumApartment1RMD02 - Chinatown / Tanjong Pagar1 Bed Apartment (Condo) for Sale in Tanjong Pagar Conservation Area

1 Bed Apartment (Condo) for Sale in Tanjong Pagar Conservation Area

7 Craig Road 089667, Chinatown, Central Region, Singapore

$1,150,000

Added 3 months ago
Beds: 1Baths: 1Area: 560 sqft
Good Deal· 12.2% below market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property ID6JTJCU3BuvuaiubfBDu6r7
PriceS$1,150,000
Property TypeApartment
StatusFor sale
Beds1
Baths1
Built Area560 sqft
PSF
S$2,054
Furnished StatusUnknown

Description

Features & Amenities
Renovated

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

Location

7 Craig Road 089667, Chinatown, Central Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

14

Average Price

S1.2M

Total Value

S16.9M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 333 URA transactions · 38 outliers removed (IQR)

Fair Value

S$1.31M

S$2,338 psf

Asking Price

S$1.15M

S$2,054 psf

vs Market

-12.2%

Good Deal

vs Last Done

-16.5%

Good Deal

Tenure

89 yrs

99-year Leasehold · Balance remaining

Confidence

High

333 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Outram Park

418m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

333 comparable transactions

S$1,953

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.727

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,338

Recent Comparable Transactions

10 shown · 333 total
Last Done

ENGGOR STREET

Aug 2025 · Floor 41-45

S$2,461 psf

+5.3% vs FV

398 sqftS$980,00099 yrs lease commencing from 2008

ENGGOR STREET

Aug 2025 · Floor 41-45

S$2,461 psf

+5.3% vs FV

398 sqftS$980,00099 yrs lease commencing from 2008

ANSON ROAD

Jul 2025 · Floor 46-50

S$1,128 psf

-51.8% vs FV

1,507 sqftS$1,700,00099 yrs lease commencing from 1970

ENGGOR STREET

Jul 2025 · Floor 46-50

S$2,308 psf

-1.3% vs FV

667 sqftS$1,540,00099 yrs lease commencing from 2008

ENGGOR STREET

Jul 2025 · Floor 51-55

S$2,561 psf

+9.5% vs FV

398 sqftS$1,020,00099 yrs lease commencing from 2008

CRAIG ROAD

Jul 2025 · Floor 06-10

S$1,893 psf

-19.0% vs FV

570 sqftS$1,080,00099 yrs lease commencing from 1997

GOPENG STREET

Jun 2025 · Floor 21-25

S$1,823 psf

-22.0% vs FV

570 sqftS$1,040,00099 yrs lease commencing from 2002

ANSON ROAD

Jun 2025 · Floor 46-50

S$1,130 psf

-51.7% vs FV

1,593 sqftS$1,800,00099 yrs lease commencing from 1970

ENGGOR STREET

Jun 2025 · Floor 26-30

S$2,115 psf

-9.5% vs FV

700 sqftS$1,480,00099 yrs lease commencing from 2008

ENGGOR STREET

Jun 2025 · Floor 26-30

S$2,172 psf

-7.1% vs FV

700 sqftS$1,520,00099 yrs lease commencing from 2008

GOPENG STREET

May 2025 · Floor 36-40

S$1,732 psf

-25.9% vs FV

1,109 sqftS$1,920,00099 yrs lease commencing from 2002
Below Fair Value
Above Fair Value
FV: S$2,338 psf

HELIOS AI Analysis

Based on 333 URA transactions (38 outliers removed), adjusted for: Tenure decay (27.3% discount); MRT Outram Park 418m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

KEVIN LIM

KEVIN LIM

PLB REALTY PTE. LTD.

License: L3010958I

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