Home Buy Condominium Apartment 2RM D08 - Farrer Park / Serangoon Rd2 Bed Apartment (Condo) for Sale in Rangoon Road

2 Bed Apartment (Condo) for Sale in Rangoon Road

116 Rangoon Road 218394, Kampong Java, Central Region, Singapore

$1,565,000

Added 4 months ago

ApartmentFor sale

Beds: 2Baths: 2Area: 689 sqft

Above Market· 35.2% above market

+3View all

Nearest MRT Station

Farrer Park

North-East Line NE8

walk•

Property Details

Property IDdrQfc4fGrkaUMQsXLAFANs

PriceS$1,565,000

Property TypeApartment

StatusFor sale

Beds2

Baths2

Built Area689 sqft

PSF

S$2,271

Furnished StatusUnknown

Description

Just minutes’ walk to Little India MRT This freehold development is priced to sell! Only at $2.2K PSF! Brand new condo, top notch appliances & fittings Very well-thought out layout, 2 bedroom + study Perfect for investment! A few units & sizes to choose from, enquire now for more info.

Nearby Locations

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

Schools

Farrer Park Primary School0.46km

MRT Stations

Farrer Park

North-East Line (NE8)

0.29km

Location

116 Rangoon Road 218394, Kampong Java, Central Region, Singapore

Loading map...

Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

S733K

Total Value

S5.9M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 435 URA transactions · 1 outliers removed (IQR)

Fair Value

S$1.16M

S$1,680 psf

Asking Price

S$1.56M

S$2,271 psf

vs Market

+35.2%

Above Market

vs Last Done

+70.2%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

435 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Farrer Park

290m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

435 comparable transactions

S$1,569

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

+4%

Adjusted Fair Value PSF

S$1,680

Recent Comparable Transactions

10 shown · 435 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	MERGUI ROAD Floor 01-05	1,259sqft	S$1,680,000	▼S$1,334 -20.6% vs FV	Freehold
Aug 2025	MERGUI ROAD Floor 01-05	1,259sqft	S$1,680,000	▼S$1,334 -20.6% vs FV	Freehold
Aug 2025	OXFORD ROAD Floor 01-05	1,356sqft	S$1,650,000	▼S$1,217 -27.6% vs FV	99 yrs lease commencing from 1995
Aug 2025	SING AVENUE Floor 01-05	1,389sqft	S$1,888,888	▼S$1,360 -19.0% vs FV	Freehold
Aug 2025	MERGUI ROAD Floor 11-15	1,119sqft	S$1,850,000	▼S$1,653 -1.6% vs FV	Freehold
Aug 2025	MARNE ROAD Floor 06-10	721sqft	S$1,300,000	▲S$1,803 +7.3% vs FV	Freehold
Aug 2025	RACE COURSE ROAD Floor 01-05	420sqft	S$742,000	▲S$1,768 +5.2% vs FV	Freehold
Jul 2025	MERGUI ROAD Floor 16-20	1,119sqft	S$1,740,000	▼S$1,554 -7.5% vs FV	Freehold
Jul 2025	MERGUI ROAD Floor 21-25	1,076sqft	S$1,808,000	▼S$1,680 0.0% vs FV	Freehold
Jul 2025	MERGUI ROAD Floor 26-30	1,378sqft	S$2,308,000	▼S$1,675 -0.3% vs FV	Freehold
Jul 2025	MERGUI ROAD Floor 26-30	1,378sqft	S$2,308,000	▼S$1,675 -0.3% vs FV	Freehold

Last Done

MERGUI ROAD

Aug 2025 · Floor 01-05

▼S$1,334 psf

-20.6% vs FV

1,259 sqftS$1,680,000Freehold

MERGUI ROAD

Aug 2025 · Floor 01-05

▼S$1,334 psf

-20.6% vs FV

1,259 sqftS$1,680,000Freehold

OXFORD ROAD

Aug 2025 · Floor 01-05

▼S$1,217 psf

-27.6% vs FV

1,356 sqftS$1,650,00099 yrs lease commencing from 1995

SING AVENUE

Aug 2025 · Floor 01-05

▼S$1,360 psf

-19.0% vs FV

1,389 sqftS$1,888,888Freehold

MERGUI ROAD

Aug 2025 · Floor 11-15

▼S$1,653 psf

-1.6% vs FV

1,119 sqftS$1,850,000Freehold

MARNE ROAD

Aug 2025 · Floor 06-10

▲S$1,803 psf

+7.3% vs FV

721 sqftS$1,300,000Freehold

RACE COURSE ROAD

Aug 2025 · Floor 01-05

▲S$1,768 psf

+5.2% vs FV

420 sqftS$742,000Freehold

MERGUI ROAD

Jul 2025 · Floor 16-20

▼S$1,554 psf

-7.5% vs FV

1,119 sqftS$1,740,000Freehold

MERGUI ROAD

Jul 2025 · Floor 21-25

▼S$1,680 psf

0.0% vs FV

1,076 sqftS$1,808,000Freehold

MERGUI ROAD

Jul 2025 · Floor 26-30

▼S$1,675 psf

-0.3% vs FV

1,378 sqftS$2,308,000Freehold

MERGUI ROAD

Jul 2025 · Floor 26-30

▼S$1,675 psf

-0.3% vs FV

1,378 sqftS$2,308,000Freehold

Below Fair Value

Above Fair Value

FV: S$1,680 psf

HELIOS AI-Detected Boosters

freeholdbrand new

HELIOS AI Analysis

Based on 435 URA transactions (1 outliers removed), adjusted for: MRT Farrer Park 290m away (+3%); AI-detected value boosters: freehold, brand new (+4% condition premium)

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

Calculating fair value from URA transaction data…

Charlene Teo

2 Bed Apartment (Condo) for Sale in Rangoon Road

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

Schools

MRT Stations

Farrer Park

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Charlene Teo

Similar Properties

Home Report · AVM Fair Value