HomeRentCondo Whole Unit1RMD09 - Orchard / River Valley1 Bed Condo for Rent in Newton Edge

1 Bed Condo for Rent in Newton Edge

1 Makeway Avenue 228598, Moulmein, Central Region, Singapore

$3,388 /month

Added 4 months ago
Beds: 1Baths: 1Area: 450 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDY6qmmfwrhwaH2gkx4uTAua
PriceS$3,388
Property TypeCondo Whole Unit
StatusFor rent
Beds1
Baths1
Built Area450 sqft
PSF
S$8
Year Built2011
Furnished StatusUnknown

Description

Features & Amenities
Parking
Jacuzzi
Swimming pool
Gym
Bbq
Security

Nearby Locations

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

Location

1 Makeway Avenue 228598, Moulmein, Central Region, Singapore

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Total Transactions

22

Average Price

S1.4M

Total Value

S31.2M

Sales Timeline

Property Value Estimate

Estimated sale value based on 14 URA transactions · 2 outliers removed (IQR)

Fair Value

S$938,491

S$2,086 psf

Asking Price

S$3,388

S$8 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

High

14 comps

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

Nearest MRT

Newton

465m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

14 comparable transactions

S$2,025

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,086

Recent Comparable Transactions

10 shown · 14 total
Last Done

MAKEWAY AVENUE

Aug 2025 · Floor 16-20

S$2,050 psf

-1.7% vs FV

624 sqftS$1,280,000Freehold

MAKEWAY AVENUE

Aug 2025 · Floor 16-20

S$2,050 psf

-1.7% vs FV

624 sqftS$1,280,000Freehold

MAKEWAY AVENUE

May 2025 · Floor 06-10

S$2,080 psf

-0.3% vs FV

441 sqftS$918,000Freehold

MAKEWAY AVENUE

Nov 2024 · Floor 11-15

S$2,018 psf

-3.3% vs FV

1,066 sqftS$2,150,000Freehold

MAKEWAY AVENUE

Oct 2024 · Floor 01-05

S$2,110 psf

+1.2% vs FV

753 sqftS$1,590,000Freehold

MAKEWAY AVENUE

Jul 2024 · Floor 11-15

S$2,140 psf

+2.6% vs FV

915 sqftS$1,958,000Freehold

MAKEWAY AVENUE

Mar 2024 · Floor 06-10

S$2,036 psf

-2.4% vs FV

506 sqftS$1,030,000Freehold

MAKEWAY AVENUE

Jan 2024 · Floor 01-05

S$2,042 psf

-2.1% vs FV

915 sqftS$1,868,000Freehold

MAKEWAY AVENUE

Oct 2023 · Floor 11-15

S$1,920 psf

-8.0% vs FV

807 sqftS$1,550,000Freehold

MAKEWAY AVENUE

May 2023 · Floor 01-05

S$1,944 psf

-6.8% vs FV

463 sqftS$900,000Freehold

MAKEWAY AVENUE

Mar 2023 · Floor 11-15

S$2,077 psf

-0.4% vs FV

915 sqftS$1,900,000Freehold
Below Fair Value
Above Fair Value
FV: S$2,086 psf

HELIOS AI Analysis

Based on 14 URA transactions (2 outliers removed), adjusted for: MRT Newton 465m away (+3%)

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

Meme Tan

Meme Tan

PROPNEX REALTY PTE. LTD.

CEA: L3002382K

+65 9827 xxxx
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