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
In the vibrant landscape of Singapore's real estate market, the valuation of the HDB 3 Room unit in Punggol stands at an estimated value of $523,702, translating to a price per square foot (PSF) of $694. With an impressive remaining lease of 85 years, this property holds significant appeal for both owner-occupiers and investors seeking long-term stability in a rapidly evolving neighborhood.
Despite the current estimated market price reflecting a 0% difference from the baseline, indicating a stable market position, the model confidence remains low due to the limited data, with only one recent HDB resale transaction in the vicinity. This scarcity of transactions may suggest a cautiously optimistic market sentiment, where potential buyers are closely monitoring price movements without immediate urgency. As Punggol continues to develop with enhanced connectivity and amenities, the long lease duration offers a valuable opportunity for capital appreciation, albeit tempered by the current market dynamics.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.