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 HDB 5-room unit in Serangoon, with a remaining lease of 70 years, stands at an estimated value of $774,652, translating to $595 per square foot. This figure presents a compelling opportunity, particularly as it reflects a 9.6% deviation from the baseline valuation, categorizing it as a "Good Deal" in the current market landscape.
However, it is important to note that the model confidence for this valuation is low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction recorded in the vicinity. This scarcity of comparable sales may introduce variability in price assessments, underscoring the necessity for potential buyers to conduct thorough due diligence. The dynamics of the Serangoon area, characterized by its strategic location and community amenities, could influence long-term value retention and growth, making this property a noteworthy consideration for discerning investors.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.