HomeRentCondo Whole Unit2RMD01 - Boat Quay / Raffles Place / Marina2 Bed Condo for Rent in UIC Building

2 Bed Condo for Rent in UIC Building

5 Shenton Way 068808, Cecil, Central Region, Singapore

$6,500 /month

Added a month ago
Beds: 2Baths: 2Area: 947 sqft
Market Price· Fairly priced
Property image 1

IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDeT7yE4kmzcqZpxcAtoue9i
PriceS$6,500
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths2
Built Area947 sqft
PSF
S$7
Furnished StatusUnknown

Description

Nearby Locations

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

Location

5 Shenton Way 068808, Cecil, Central Region, Singapore

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Total Transactions

78

Average Price

S2.5M

Total Value

S196.2M

Sales Timeline

Property Value Estimate

Estimated sale value based on 1646 URA transactions · 37 outliers removed (IQR)

Fair Value

S$1.54M

S$1,621 psf

Asking Price

S$6,500

S$7 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

-99.7%

Good Deal

Tenure

89 yrs

99-year Leasehold · Balance remaining

Confidence

High

1646 comps

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

Nearest MRT

Downtown

400m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

1646 comparable transactions

S$2,167

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$1,621

Recent Comparable Transactions

10 shown · 1646 total
Last Done

SHENTON WAY

Aug 2025 · Floor 21-25

S$2,199 psf

+35.7% vs FV

484 sqftS$1,065,00099 yrs lease commencing from 2011

SHENTON WAY

Aug 2025 · Floor 21-25

S$2,199 psf

+35.7% vs FV

484 sqftS$1,065,00099 yrs lease commencing from 2011

SHENTON WAY

Aug 2025 · Floor 16-20

S$2,044 psf

+26.1% vs FV

570 sqftS$1,165,88899 yrs lease commencing from 2005

MARINA BOULEVARD

Aug 2025 · Floor 31-35

S$2,364 psf

+45.8% vs FV

732 sqftS$1,730,00099 yrs lease commencing from 2005

MARINA BOULEVARD

Aug 2025 · Floor 36-40

S$2,155 psf

+32.9% vs FV

1,076 sqftS$2,320,00099 yrs lease commencing from 2005

MARINA BOULEVARD

Aug 2025 · Floor 21-25

S$2,220 psf

+37.0% vs FV

732 sqftS$1,625,00099 yrs lease commencing from 2005

MARINA BOULEVARD

Aug 2025 · Floor 16-20

S$2,144 psf

+32.3% vs FV

2,379 sqftS$5,100,00099 yrs lease commencing from 2005

ROBINSON ROAD

Aug 2025 · Floor 11-15

S$2,436 psf

+50.3% vs FV

484 sqftS$1,180,000Freehold

MARINA BOULEVARD

Aug 2025 · Floor 36-40

S$2,413 psf

+48.9% vs FV

936 sqftS$2,260,00099 yrs lease commencing from 2002

MARINA WAY

Aug 2025 · Floor 01-05

S$1,887 psf

+16.4% vs FV

689 sqftS$1,300,00099 yrs lease commencing from 2011

ENGGOR STREET

Aug 2025 · Floor 41-45

S$2,461 psf

+51.8% vs FV

398 sqftS$980,00099 yrs lease commencing from 2008
Below Fair Value
Above Fair Value
FV: S$1,621 psf

HELIOS AI Analysis

Based on 1646 URA transactions (37 outliers removed), adjusted for: Tenure decay (27.3% discount); MRT Downtown 400m away (+3%)

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

Marcus Sia

Marcus Sia

ERA REALTY NETWORK PTE LTD

License: L3002382K

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