Home Buy All 2RM D09 - Orchard / River Valley2 Bed Condo for Sale in The Wharf Residence

2 Bed Condo for Sale in The Wharf Residence

7 Tong Watt Road 238002, Institution Hill, Central Region, Singapore

$2,980,000

Added a month ago

CondoFor sale

Beds: 2Baths: 3Area: 1065 sqft

Above Market· 16.5% above market

+4View all

Property Details

Property IDAKyFbpwgSszqySBpR8TzLp

PriceS$2,980,000

Property TypeCondo

StatusFor sale

Beds2

Baths3

Built Area1065 sqft

PSF

S$2,798

Year Built2012

Furnished StatusUnknown

Description

Features & Amenities

Jacuzzi

Swimming pool

Gym

Clubhouse

Lap pool

Bbq

Security

Nearby Locations

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

Schools

River Valley Primary School0.41km

Location

7 Tong Watt Road 238002, Institution Hill, 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

S3.2M

Total Value

S130.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 36 URA transactions · 2 outliers removed (IQR)

Fair Value

S$2.56M

S$2,401 psf

Asking Price

S$2.98M

S$2,798 psf

vs Market

+16.5%

Above Market

vs Last Done

+12.8%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

36 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Fort Canning

465m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

36 comparable transactions

S$2,331

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

Adjusted Fair Value PSF

S$2,401

Recent Comparable Transactions

10 shown · 36 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneJul 2025	TONG WATT ROAD Floor 01-05	1,012sqft	S$2,510,000	▲S$2,481 +3.3% vs FV	999 yrs lease commencing from 1841
Jul 2025	TONG WATT ROAD Floor 01-05	1,012sqft	S$2,510,000	▲S$2,481 +3.3% vs FV	999 yrs lease commencing from 1841
Jul 2025	TONG WATT ROAD Floor 11-15	1,076sqft	S$2,750,000	▲S$2,555 +6.4% vs FV	999 yrs lease commencing from 1841
Jun 2025	TONG WATT ROAD Floor 06-10	1,033sqft	S$2,470,000	▼S$2,390 -0.5% vs FV	999 yrs lease commencing from 1841
Apr 2025	TONG WATT ROAD Floor -	4,446sqft	S$8,500,000	▼S$1,912 -20.4% vs FV	999 yrs lease commencing from 1841
Apr 2025	TONG WATT ROAD Floor 06-10	1,539sqft	S$3,675,000	▼S$2,388 -0.5% vs FV	999 yrs lease commencing from 1841
Mar 2025	TONG WATT ROAD Floor 11-15	1,076sqft	S$2,600,000	▲S$2,415 +0.6% vs FV	999 yrs lease commencing from 1841
Mar 2025	TONG WATT ROAD Floor 06-10	1,432sqft	S$3,380,000	▼S$2,361 -1.7% vs FV	999 yrs lease commencing from 1841
Feb 2025	TONG WATT ROAD Floor 01-05	1,539sqft	S$3,550,000	▼S$2,306 -4.0% vs FV	999 yrs lease commencing from 1841
Oct 2024	TONG WATT ROAD Floor 11-15	1,076sqft	S$2,650,000	▲S$2,462 +2.5% vs FV	999 yrs lease commencing from 1841
Sep 2024	TONG WATT ROAD Floor 11-15	1,033sqft	S$2,600,000	▲S$2,516 +4.8% vs FV	999 yrs lease commencing from 1841

Last Done

TONG WATT ROAD

Jul 2025 · Floor 01-05

▲S$2,481 psf

+3.3% vs FV

1,012 sqftS$2,510,000999 yrs lease commencing from 1841

TONG WATT ROAD

Jul 2025 · Floor 01-05

▲S$2,481 psf

+3.3% vs FV

1,012 sqftS$2,510,000999 yrs lease commencing from 1841

TONG WATT ROAD

Jul 2025 · Floor 11-15

▲S$2,555 psf

+6.4% vs FV

1,076 sqftS$2,750,000999 yrs lease commencing from 1841

TONG WATT ROAD

Jun 2025 · Floor 06-10

▼S$2,390 psf

-0.5% vs FV

1,033 sqftS$2,470,000999 yrs lease commencing from 1841

TONG WATT ROAD

Apr 2025 · Floor -

▼S$1,912 psf

-20.4% vs FV

4,446 sqftS$8,500,000999 yrs lease commencing from 1841

TONG WATT ROAD

Apr 2025 · Floor 06-10

▼S$2,388 psf

-0.5% vs FV

1,539 sqftS$3,675,000999 yrs lease commencing from 1841

TONG WATT ROAD

Mar 2025 · Floor 11-15

▲S$2,415 psf

+0.6% vs FV

1,076 sqftS$2,600,000999 yrs lease commencing from 1841

TONG WATT ROAD

Mar 2025 · Floor 06-10

▼S$2,361 psf

-1.7% vs FV

1,432 sqftS$3,380,000999 yrs lease commencing from 1841

TONG WATT ROAD

Feb 2025 · Floor 01-05

▼S$2,306 psf

-4.0% vs FV

1,539 sqftS$3,550,000999 yrs lease commencing from 1841

TONG WATT ROAD

Oct 2024 · Floor 11-15

▲S$2,462 psf

+2.5% vs FV

1,076 sqftS$2,650,000999 yrs lease commencing from 1841

TONG WATT ROAD

Sep 2024 · Floor 11-15

▲S$2,516 psf

+4.8% vs FV

1,033 sqftS$2,600,000999 yrs lease commencing from 1841

Below Fair Value

Above Fair Value

FV: S$2,401 psf

HELIOS AI Analysis

Based on 36 URA transactions (2 outliers removed), adjusted for: MRT Fort Canning 465m away (+3%)

⚠️ 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…

Emily Tan

License: L3008022J

Similar Properties

Date

Block / Street

Area

Price

PSF

Tenure

Last DoneJul 2025

TONG WATT ROAD

Floor 01-05

1,012sqft

S$2,510,000

▲S$2,481

+3.3% vs FV

999 yrs lease commencing from 1841

Jul 2025

TONG WATT ROAD

Floor 01-05

1,012sqft

S$2,510,000

▲S$2,481

+3.3% vs FV

999 yrs lease commencing from 1841

Jul 2025

TONG WATT ROAD

Floor 11-15

1,076sqft

S$2,750,000

▲S$2,555

+6.4% vs FV

999 yrs lease commencing from 1841

Jun 2025

TONG WATT ROAD

Floor 06-10

1,033sqft

S$2,470,000

▼S$2,390

-0.5% vs FV

999 yrs lease commencing from 1841

Apr 2025

TONG WATT ROAD

Floor -

4,446sqft

S$8,500,000

▼S$1,912

-20.4% vs FV

999 yrs lease commencing from 1841

Apr 2025

TONG WATT ROAD

Floor 06-10

1,539sqft

S$3,675,000

▼S$2,388

-0.5% vs FV

999 yrs lease commencing from 1841

Mar 2025

TONG WATT ROAD

Floor 11-15

1,076sqft

S$2,600,000

▲S$2,415

+0.6% vs FV

999 yrs lease commencing from 1841

Mar 2025

TONG WATT ROAD

Floor 06-10

1,432sqft

S$3,380,000

▼S$2,361

-1.7% vs FV

999 yrs lease commencing from 1841

Feb 2025

TONG WATT ROAD

Floor 01-05

1,539sqft

S$3,550,000

▼S$2,306

-4.0% vs FV

999 yrs lease commencing from 1841

Oct 2024

TONG WATT ROAD

Floor 11-15

1,076sqft

S$2,650,000

▲S$2,462

+2.5% vs FV

999 yrs lease commencing from 1841

Sep 2024

TONG WATT ROAD

Floor 11-15

1,033sqft

S$2,600,000

▲S$2,516

+4.8% vs FV

999 yrs lease commencing from 1841

2 Bed Condo for Sale in The Wharf Residence

IMAGES GALLERY

Property Details

Description

Nearby Locations

Schools

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

Emily Tan

Similar Properties

Home Report · AVM Fair Value