2 Jalan Labu Merah 537972, Upper Paya Lebar, North-east Region, Singapore
$4,800 /month
D19 - Serangoon
Serangoon MRT · 4 min walk
1 January 2003
Small (20 units)
20 units
1 Block
Kalexton Pte Ltd
Sunshine Grove is a freehold Condo Apartment located in Serangoon, District 19. Completed in 2003, it has a total of 1 blocks within the development and comprises a total of 20 units. It is within walking distance to MRT stations such as Serangoon MRT and Serangoon MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Sunshine Grove is also close to schools like St. Gabriel's Secondary School, St. Gabriel's Secondary School and Brilliant Tots @ Serangoon. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Yen Investments Pte. Ltd. and Cold Storage - Serangoon NEX for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as OneDoctors Medical Centre (nex). ARISVANS is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Serangoon Sunshine Park, to enjoy some fresh air.
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Total Transactions
2
Average Price
S1.6M
Total Value
S3.2M
Calculating fair value from URA transaction data…


License: L3008899K
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Estimated sale value based on 209 URA transactions
Fair Value
S$1.71M
S$1,529 psf
Asking Price
S$4,800
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
Freehold
No lease decay
Confidence
High
209 comps
Nearest MRT
Serangoon
374m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
209 comparable transactions
S$1,484
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
0%
Adjusted Fair Value PSF
S$1,529
Recent Comparable Transactions
10 shown · 209 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2022 | JALAN LABU MERAH Floor 01-05 | 1,593sqft | S$1,880,000 | ▼S$1,180 -22.8% vs FV | Freehold |
Jun 2022 | JALAN LABU MERAH Floor 01-05 | 1,593sqft | S$1,880,000 | ▼S$1,180 -22.8% vs FV | Freehold |
Mar 2022 | JALAN LABU MERAH Floor 01-05 | 1,087sqft | S$1,350,000 | ▼S$1,242 -18.8% vs FV | Freehold |
Jul 2025 | UPPER SERANGOON ROAD Floor 01-05 | 388sqft | S$665,000 | ▲S$1,716 +12.2% vs FV | Freehold |
Jul 2025 | UPPER SERANGOON ROAD Floor 01-05 | 409sqft | S$685,000 | ▲S$1,675 +9.5% vs FV | Freehold |
Jul 2025 | GAMBIR WALK Floor 01-05 | 710sqft | S$1,100,000 | ▲S$1,548 +1.2% vs FV | Freehold |
Jul 2025 | BARTLEY ROAD Floor 01-05 | 829sqft | S$1,388,000 | ▲S$1,675 +9.5% vs FV | Freehold |
Jun 2025 | SERANGOON AVENUE 2 Floor 06-10 | 861sqft | S$1,500,000 | ▲S$1,742 +13.9% vs FV | 99 yrs lease commencing from 2000 |
Jun 2025 | SERANGOON AVENUE 2 Floor 11-15 | 1,141sqft | S$1,950,000 | ▲S$1,709 +11.8% vs FV | 99 yrs lease commencing from 2000 |
Jun 2025 | UPPER SERANGOON ROAD Floor 01-05 | 420sqft | S$725,000 | ▲S$1,727 +12.9% vs FV | Freehold |
May 2025 | SERANGOON AVENUE 2 Floor 06-10 | 1,044sqft | S$1,738,888 | ▲S$1,665 +8.9% vs FV | 99 yrs lease commencing from 2000 |
JALAN LABU MERAH
Jun 2022 · Floor 01-05
-22.8% vs FV
JALAN LABU MERAH
Jun 2022 · Floor 01-05
-22.8% vs FV
JALAN LABU MERAH
Mar 2022 · Floor 01-05
-18.8% vs FV
UPPER SERANGOON ROAD
Jul 2025 · Floor 01-05
+12.2% vs FV
UPPER SERANGOON ROAD
Jul 2025 · Floor 01-05
+9.5% vs FV
GAMBIR WALK
Jul 2025 · Floor 01-05
+1.2% vs FV
BARTLEY ROAD
Jul 2025 · Floor 01-05
+9.5% vs FV
SERANGOON AVENUE 2
Jun 2025 · Floor 06-10
+13.9% vs FV
SERANGOON AVENUE 2
Jun 2025 · Floor 11-15
+11.8% vs FV
UPPER SERANGOON ROAD
Jun 2025 · Floor 01-05
+12.9% vs FV
SERANGOON AVENUE 2
May 2025 · Floor 06-10
+8.9% 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.