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HomeBuyCondominiumApartment2RMD08 - Farrer Park / Serangoon Rd2 Bed Apartment (Condo) for Sale in 224 Serangoon Road

2 Bed Apartment (Condo) for Sale in 224 Serangoon Road

224 Serangoon Road 218078, Little India, Central Region, Singapore

$1,250,000

Added 13 days ago
ApartmentFor sale
Beds: 2Baths: 1Area: 1050 sqft
Property image 1
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Main property image
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IMAGES GALLERY

Nearest MRT Station

Farrer Park

North-East Line NE8

walk•

Property Details

Property IDCAg6bPkUfXSSkrFt2TFQHi
PriceS$1,250,000
Property TypeApartment
StatusFor sale
Beds2
Baths1
Built Area1050 sqft
PSFS$1,190
Furnished StatusUnknown

Description

Contact Funn 8826 XXXX for viewing - High floor - Walk-up Residential unit - Conservation building - Good location - Foreigners eligible to buy (subject to approval from authority) - Heart of city of Singapore - Bright - Location easily accessible from Farrer Park MRT, Jalan Besar MRT and Rochor MRT - Groceries and day to day necessities shopping at City Square Mall, New World Centre and Mustafa Shopping Centre This charming conservation shophouse is part of Singapore’s rich architectural heritage. Here are some key points about its history: Built during the Colonial Era: Conservation shophouses along Serangoon Road were constructed during the colonial period, primarily between the late 19th century and early 20th century. These shophouses served as both residential spaces and ground-floor shops. Architectural Style: The shophouse architecture in Singapore is characterized by a blend of Chinese, Malay, and European influences. They typically feature intricate facades, decorative tiles, and ornate details. Preservation Efforts: Over the years, Singapore has made significant efforts to preserve its historic buildings. The Urban Redevelopment Authority (URA) identifies and gazettes conservation areas to protect these architectural gems. This unit for sale at Serangoon Road falls within such a conservation zone. Adaptive Reuse: Many conservation shophouses have undergone adaptive reuse. Initially used as shopfronts, they now serve various purposes, including residences, offices, cafes, and boutique hotels. Adaptive reuse ensures that these buildings remain relevant while retaining their historical charm. Cultural Significance: These shophouses are not just architectural landmarks; they also hold cultural significance. They reflect the multicultural fabric of Singapore, representing the diverse communities that once lived and worked in these spaces.

Nearby Locations

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

Schools

Farrer Park Primary School0.47km

MRT Stations

Farrer Park

North-East Line (NE8)
0.38km

Location

224 Serangoon Road 218078, Little India, 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

3

Average Price

S1.2M

Total Value

S3.5M

Sales Timeline

Calculating fair value from URA transaction data…

Agent

funn

TIE PTE. LTD.

Similar Properties

Good Deal· 33.6% below market

Home Report · AVM Fair Value

Automated Valuation based on 1570 URA transactions · 8 outliers removed (IQR)

Fair Value

S$1.88M

S$1,794 psf

Asking Price

S$1.25M

S$1,190 psf

vs Market

-33.6%

Good Deal

Confidence

High

1570 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

1570 comparable transactions

S$1,759

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

0%

AI Condition Premium

HELIOS scan of listing description

+2%

Adjusted Fair Value PSF

S$1,794

Recent Comparable Transactions

DateBlock / StreetArea (sqft)PricePSF
2025-08MACKENZIE ROAD700S$1,300,000S$1,858
2025-08HERTFORD ROAD786S$1,140,000S$1,451
2025-08MERGUI ROAD1,259S$1,680,000S$1,334
2025-08KITCHENER LINK1,216S$1,905,000S$1,566
2025-08STURDEE ROAD1,259S$2,130,000S$1,691

Showing 5 most recent transactions from 1570 total comparables used in valuation.

HELIOS AI-Detected Boosters

high ceiling

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