141 Rivervale Street 540141, Rivervale, North-east Region, Singapore
$700,000
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…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$774,652
S$595 psf
Asking Price
S$700,000
S$538 psf
vs Market
-9.6%
vs Last Done
-7.7%
Tenure
70 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Sengkang
987m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$583
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$595
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2024 | Blk 141 SERANGOON NTH AVE 2 Floor 04 TO 06 | 1,313sqft | S$766,000 | ▼S$583 -2.0% vs FV | 99yr from 1989 |
May 2024 | Blk 141 SERANGOON NTH AVE 2 Floor 04 TO 06 | 1,313sqft | S$766,000 | ▼S$583 -2.0% vs FV | 99yr from 1989 |
Blk 141 SERANGOON NTH AVE 2
May 2024 · Floor 04 TO 06
-2.0% vs FV
Blk 141 SERANGOON NTH AVE 2
May 2024 · Floor 04 TO 06
-2.0% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB unit in Serangoon, with a remaining lease of 70 years, presents an intriguing opportunity within the current property landscape. Estimated at $774,652, equating to approximately $595 per square foot, this property is positioned as a compelling deal, showcasing a significant deviation of 9.6% from baseline market assessments. This indicator suggests potential for capital appreciation, particularly in a district known for its vibrant community and accessibility to amenities.
However, it is crucial to note the market signal's confidence level, categorized as low, stemming from a limited data set of only one recent HDB resale transaction in the vicinity. This scarcity of comparative sales could imply volatility in market conditions, necessitating a cautious approach for prospective buyers. As the property market in Singapore continues to evolve, the interplay of remaining lease durations and local demand dynamics will be key drivers influencing the attractiveness and long-term value of such HDB units.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.