7 Haig Road 430007, Geylang East, Central Region, Singapore
$820,000
CEA Registration: L3010858B / R056546Z Preview in virtual tour: https://my.matterport.com/show/?m=YuW3z5af7cg Discover the potential of this spacious 1,270 sqft point-block unit at 7 Haig Road, offering 3 generously sized bedrooms that comfortably fit double beds and 2 bathrooms—ideal for growing families. Perched on a high floor, this home enjoys excellent privacy and airflow typical of point-block living. In its original condition, it presents a perfect canvas for you to design and renovate to your own taste, creating a home that truly reflects your lifestyle. Nestled in the vibrant Katong/Joo Chiat enclave, daily conveniences are just a short stroll away—from supermarkets like FairPrice and Sheng Siong to City Plaza and Joo Chiat Complex. Food lovers will appreciate the nearby renowned eateries, while Paya Lebar MRT ensures seamless connectivity. Surrounded by reputable schools within 1km, this is a rare opportunity to own a well-located home with strong lifestyle appeal and future upside. Exclusive Propseller Listing! Size: - 1270sqft. - 3 bedrooms + 2 bathrooms Attributes: - EIP Quota: None not eligible - Extension needed: 3 months negotiable - Unit orientation: Point Block unit - High floor unit - Original condition - Main door facing North-West Convenience: - 5 min walk to the nearest bus stop (bus services: 2,7,13,21,24) - 4-5 min walk to FairPrice, Sheng Siong Supermarket, and more - 7 min walk to City Plaza and Joo Chiat Complex - 4 min walk to the nearest eateries - Within proximity of Paya Lebar MRT Station - Primary schools within 1km: Haig Girls' School, Kong Hwa School, Tanjong Katong School - Primary schools between 1-2km: CHIJ (Katong), Maha Bodhi School, Geylang Methodist School, Tao Nan School Disclaimer: Some pictures may be virtually decluttered or staged to showcase the property's full potential.
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Total Transactions
3
Average Price
S1.5M
Total Value
S4.5M
Calculating fair value from URA transaction data…
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Automated Valuation based on 3 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$786,201
S$619 psf
Asking Price
S$820,000
S$646 psf
vs Market
+4.3%
vs Last Done
-23.6%
Tenure
49 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
3 comps
Nearest MRT
Paya Lebar
653m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
3 comparable transactions
S$867
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.700
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$619
Recent Comparable Transactions
3 shown · 3 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▲S$845 +36.5% vs FV | 99yr from 2000 |
Sep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▲S$845 +36.5% vs FV | 99yr from 2000 |
Aug 2024 | Blk 5 PINE CL Floor 13 TO 15 | 1,195sqft | S$1,028,888 | ▲S$861 +39.1% vs FV | 99yr from 2000 |
Jun 2024 | Blk 5 PINE CL Floor 19 TO 21 | 1,195sqft | S$1,068,888 | ▲S$895 +44.6% vs FV | 99yr from 2000 |
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
+36.5% vs FV
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
+36.5% vs FV
Blk 5 PINE CL
Aug 2024 · Floor 13 TO 15
+39.1% vs FV
Blk 5 PINE CL
Jun 2024 · Floor 19 TO 21
+44.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Geylang, with an estimated value of $786,201 (equivalent to $619 PSF), reflects a nuanced understanding of the current property landscape. With a remaining lease of 49 years, this property sits within a critical phase of its leasehold period, impacting both buyer perception and investment potential. The calculated market price shows a 4.3% difference from the baseline, suggesting a relatively stable demand in the area, albeit with caution due to the lower model confidence rating.
Based on an analysis of three recent HDB resale transactions in the vicinity, it is evident that market dynamics are influenced by varying factors including location desirability, upcoming infrastructure developments, and overall economic sentiments. However, the low model confidence indicates potential volatility in future valuations, especially as the remaining lease diminishes. Buyers and investors alike must consider these dynamics when assessing the long-term viability of this asset in Geylang's evolving real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.