633 Veerasamy Road 200633, Little India, Central Region, Singapore
$610,000
Discover a well-maintained HDB apartment at 636 Veerasamy Road, offering a prime opportunity for first-time buyers and young professionals. Priced at SGD 610,000, this 3A model unit spans 786 sqft with a spacious, squarish layout, perfect for customization. The property is on a high floor, providing excellent privacy and scenic views, with a corridor unit design that enhances tranquility. Located in the vibrant District 08, this unit is just a 3-minute walk from Jalan Besar MRT station, with convenient links to Bugis MRT and major city areas. The location offers easy access to key amenities, shopping, dining, and entertainment options around Bugis, Arab Street, and Orchard Road. The lease remaining is 58 years, with extension options to be discussed. Ideal for those seeking a central, accessible home, the property is in good condition, ready for renovation to suit your style. Surrounded by reputable schools within 1 km, and excellent transport options, this listing combines affordability with prime location. Contact William Lek @ 9620XXXX for viewing details.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 6 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$471,428
S$601 psf
Asking Price
S$610,000
S$777 psf
vs Market
+29.4%
vs Last Done
+20.8%
Tenure
58 yrs
99-year Leasehold · Balance remaining
Confidence
Low
6 comps
Nearest MRT
Jalan Besar
86m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
6 comparable transactions
S$690
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.829
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$601
Recent Comparable Transactions
6 shown · 6 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$360,000 | ▲S$643 +7.0% vs FV | 99yr from 1983 |
May 2026 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$360,000 | ▲S$643 +7.0% vs FV | 99yr from 1983 |
Nov 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$390,000 | ▲S$697 +16.0% vs FV | 99yr from 1983 |
Sep 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$395,000 | ▲S$706 +17.5% vs FV | 99yr from 1983 |
Jun 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$393,333 | ▲S$703 +17.0% vs FV | 99yr from 1983 |
Feb 2025 | Blk 32 NEW MKT RD Floor 07 TO 09 | 560sqft | S$391,888 | ▲S$700 +16.5% vs FV | 99yr from 1983 |
Jun 2024 | Blk 32 NEW MKT RD Floor 04 TO 06 | 560sqft | S$388,000 | ▲S$693 +15.3% vs FV | 99yr from 1983 |
Blk 32 NEW MKT RD
May 2026 · Floor 07 TO 09
+7.0% vs FV
Blk 32 NEW MKT RD
May 2026 · Floor 07 TO 09
+7.0% vs FV
Blk 32 NEW MKT RD
Nov 2025 · Floor 07 TO 09
+16.0% vs FV
Blk 32 NEW MKT RD
Sep 2025 · Floor 07 TO 09
+17.5% vs FV
Blk 32 NEW MKT RD
Jun 2025 · Floor 07 TO 09
+17.0% vs FV
Blk 32 NEW MKT RD
Feb 2025 · Floor 07 TO 09
+16.5% vs FV
Blk 32 NEW MKT RD
Jun 2024 · Floor 04 TO 06
+15.3% vs FV
HELIOS AI Analysis
The valuation of the 2-room HDB unit located in the Central Area is estimated at $471,428, translating to a price per square foot (PSF) of $601. This valuation is positioned significantly above the current market baseline, exhibiting a notable 29.4% premium. Such a discrepancy suggests that this unit may command a higher price due to its strategic location, which is often characterized by a robust demand for housing in the heart of Singapore.
However, it is essential to note that the remaining lease of 58 years may influence buyer sentiment and long-term investment considerations. A lower model confidence rating indicates potential variability in the data, derived from only six recent HDB resale transactions in the vicinity. Investors and homeowners alike should weigh the implications of lease duration against market dynamics, particularly in a landscape where central locations continue to attract significant interest amidst evolving urban development trends.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.