602c Punggol Central 823602, Waterway East, North-east Region, Singapore
$558,000
Cove
Punggol LRT PE1
Looking for a well-maintained, high-floor home with superb convenience? This 3-room flat at 602C Punggol Central could be the perfect fit for you. Why this unit stands out: • High floor – enjoy privacy, wind flow & natural light • Efficient and regular layout – no wasted space, easy to design and furnish • Well-maintained & move-in condition – save time and renovation costs • Bright and airy throughout – comfortable living environment for everyday living • Ideal for singles, couples, or small families Location & Convenience: • Just minutes’ walk/ 2 short bus stops to Punggol MRT- seamless connectivity • Sheng Siong & coffee shop are just across a street, Waterway Point, supermarkets & eateries – everything at your doorstep • Close to reputable schools and childcare centres (7 Primary Schools within 1km!) • Surrounded by parks and Punggol Waterway – perfect for lifestyle living Why this is a smart buy: With limited supply of well-kept 3-room flats in such a convenient location, this unit offers both own-stay comfort and future value potential. ** Take note that Seller needs 3 months extension. ⸻ Don’t miss this rare opportunity! Units like this don’t stay long in today’s market. ** Call Sherlyn Loh (PropNex) at 9743 XXXX (nine seven four three zero eight one five) now for an exclusive viewing before it’s gone!
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…


License: L3010738A
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$522,315
S$694 psf
Asking Price
S$558,000
S$741 psf
vs Market
+6.8%
vs Last Done
+14.4%
Tenure
83 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Punggol
606m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$648
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$694
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2024 | Blk 602C PUNGGOL CTRL Floor 13 TO 15 | 753sqft | S$488,000 | ▼S$648 -6.6% vs FV | 99yr from 2012 |
May 2024 | Blk 602C PUNGGOL CTRL Floor 13 TO 15 | 753sqft | S$488,000 | ▼S$648 -6.6% vs FV | 99yr from 2012 |
Blk 602C PUNGGOL CTRL
May 2024 · Floor 13 TO 15
-6.6% vs FV
Blk 602C PUNGGOL CTRL
May 2024 · Floor 13 TO 15
-6.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room unit in Punggol, with an estimated value of $522,315, reflects a noteworthy position within the current market landscape. Priced at $694 PSF, this unit is assessed to be above the market baseline by 6.8%. Such a premium suggests a level of desirability attributed to the Punggol area, which has been undergoing significant development and urbanization, enhancing its appeal to potential homeowners and investors alike.
However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on only one recent HDB resale transaction in the vicinity. This limited data point may not fully capture the broader market dynamics at play, particularly given the remaining lease of 83 years on the property. In the context of HDB valuations, the lease duration can significantly impact buyer sentiment and long-term investment potential. As the market continues to evolve, potential buyers should remain vigilant and consider additional factors such as upcoming infrastructure projects and community developments that could influence future property values in Punggol.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.