602c Punggol Central 823602, Waterway East, North-east Region, Singapore
$3,000 /month
Cove
Punggol LRT PE1
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: L3008899K
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$523,702
S$694 psf
Asking Price
S$3,000
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
85 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, estimated at $523,702 or $694 PSF, reflects a stable market position with a notable 0% difference from the baseline. With a remaining lease of 85 years, this property is situated in a district known for its family-friendly environment and growing amenities, which enhances its attractiveness to potential buyers. The current valuation suggests that the property is aligned with the prevailing market conditions, indicating a balance of demand and supply in the area.
However, it is important to note that the model confidence is 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 trends or fluctuations, which could impact the future valuation of the property. Investors and homeowners should remain vigilant and consider additional market indicators and developments in Punggol to make informed decisions regarding this asset.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.