1037 Serangoon Road 328170, Bendemeer, Central Region, Singapore
$7,163,000
Freehold properties generally command higher capital appreciation in the long run as it withstands lease decay where the value of the leasehold properties start to decline as the property ages. As a matter of fact, a statistics study of 26 condo projects in Kallang Bendemeer area show healthy resale capital gains ranging from $67,000 to $1.2 million. Ranking these 26 projects by average resale profits in 2023, freehold projects stand out, taking 6 spots among the top 10 profitable projects in the area. This masterpiece is presented by a strong partnership between trusted home-grown developers, KSH Holdings, SLB Development and H10 Holdings. The latest freehold development that is located just 6 minutes’ walk from Boon Keng MRT. It features 1 Block of 24 Storeys with 172 Residential units ranging from 1-Bed + Study to 4-Bed + Study. Each unit is meticulously designed for form, functionality, and individual needs. Fitted with branded appliances, quality finishes, and fittings. Enjoy a hassle-free daily commute with convenient accessibility of a short 6-minute walk to Boon Keng MRT station. With 2 stops to Little India MRT Interchange and 3 stops to Dhoby Ghaut MRT Interchange, residents get to enjoy quick access to the city's central. Not only that, residents get to enjoy exceptional connectivity to major expressways like PIE, CTE, and MCP which ensures convenience across the island, with the Central Business District only 10 to 12 minutes’ drive away. The Arcady at Boon Keng is also within 1km to Hong Wen School, Bendemeer Primary and St Andrew Village which houses the three schools - St Andrew’s Junior, St Andrew’s Secondary & St Andrew’s Junior College. This proximity to reputable primary schools and overseas institutions offers quality education options. Call 8893XXXX Now To Enquire.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
2
Average Price
S111.9M
Total Value
S223.8M
Calculating fair value from URA transaction data…
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Automated Valuation based on 586 URA transactions · 5 outliers removed (IQR)
Fair Value
S$3.88M
S$1,596 psf
Asking Price
S$7.16M
S$2,944 psf
vs Market
+84.4%
vs Last Done
+148.0%
Tenure
Freehold
No lease decay
Confidence
High
586 comps
Nearest MRT
Boon Keng
515m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
586 comparable transactions
S$1,580
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,596
Recent Comparable Transactions
10 shown · 586 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | ST. FRANCIS ROAD Floor 06-10 | 1,270sqft | S$1,508,000 | ▼S$1,187 -25.6% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | ST. FRANCIS ROAD Floor 06-10 | 1,270sqft | S$1,508,000 | ▼S$1,187 -25.6% vs FV | 99 yrs lease commencing from 1992 |
Aug 2025 | WHAMPOA EAST Floor 11-15 | 936sqft | S$1,680,000 | ▲S$1,794 +12.4% vs FV | 99 yrs lease commencing from 2011 |
Aug 2025 | WHAMPOA EAST Floor 16-20 | 807sqft | S$1,448,000 | ▲S$1,794 +12.4% vs FV | 99 yrs lease commencing from 2011 |
Aug 2025 | WHAMPOA EAST Floor 21-25 | 936sqft | S$1,760,000 | ▲S$1,879 +17.7% vs FV | 99 yrs lease commencing from 2011 |
Aug 2025 | ST. MICHAEL'S ROAD Floor 01-05 | 872sqft | S$1,325,000 | ▼S$1,520 -4.8% vs FV | Freehold |
Aug 2025 | ST. MICHAEL'S ROAD Floor 06-10 | 936sqft | S$1,368,888 | ▼S$1,462 -8.4% vs FV | Freehold |
Aug 2025 | MAR THOMA ROAD Floor 16-20 | 1,109sqft | S$1,850,000 | ▲S$1,669 +4.6% vs FV | 999 yrs lease commencing from 1882 |
Jul 2025 | MAR THOMA ROAD Floor 01-05 | 1,302sqft | S$1,730,000 | ▼S$1,328 -16.8% vs FV | 999 yrs lease commencing from 1882 |
Jul 2025 | MOONSTONE LANE Floor 16-20 | 1,238sqft | S$2,050,000 | ▲S$1,656 +3.8% vs FV | Freehold |
Jul 2025 | ST. FRANCIS ROAD Floor 06-10 | 818sqft | S$975,000 | ▼S$1,192 -25.3% vs FV | 99 yrs lease commencing from 1992 |
ST. FRANCIS ROAD
Aug 2025 · Floor 06-10
-25.6% vs FV
ST. FRANCIS ROAD
Aug 2025 · Floor 06-10
-25.6% vs FV
WHAMPOA EAST
Aug 2025 · Floor 11-15
+12.4% vs FV
WHAMPOA EAST
Aug 2025 · Floor 16-20
+12.4% vs FV
WHAMPOA EAST
Aug 2025 · Floor 21-25
+17.7% vs FV
ST. MICHAEL'S ROAD
Aug 2025 · Floor 01-05
-4.8% vs FV
ST. MICHAEL'S ROAD
Aug 2025 · Floor 06-10
-8.4% vs FV
MAR THOMA ROAD
Aug 2025 · Floor 16-20
+4.6% vs FV
MAR THOMA ROAD
Jul 2025 · Floor 01-05
-16.8% vs FV
MOONSTONE LANE
Jul 2025 · Floor 16-20
+3.8% vs FV
ST. FRANCIS ROAD
Jul 2025 · Floor 06-10
-25.3% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.