Contact Funn 8826 XXXX for viewing - High floor - Walk-up Residential unit - Conservation building - Good location - Foreigners eligible to buy (subject to approval from authority) - Heart of city of Singapore - Bright - Location easily accessible from Farrer Park MRT, Jalan Besar MRT and Rochor MRT - Groceries and day to day necessities shopping at City Square Mall, New World Centre and Mustafa Shopping Centre This charming conservation shophouse is part of Singapore’s rich architectural heritage. Here are some key points about its history: Built during the Colonial Era: Conservation shophouses along Serangoon Road were constructed during the colonial period, primarily between the late 19th century and early 20th century. These shophouses served as both residential spaces and ground-floor shops. Architectural Style: The shophouse architecture in Singapore is characterized by a blend of Chinese, Malay, and European influences. They typically feature intricate facades, decorative tiles, and ornate details. Preservation Efforts: Over the years, Singapore has made significant efforts to preserve its historic buildings. The Urban Redevelopment Authority (URA) identifies and gazettes conservation areas to protect these architectural gems. This unit for sale at Serangoon Road falls within such a conservation zone. Adaptive Reuse: Many conservation shophouses have undergone adaptive reuse. Initially used as shopfronts, they now serve various purposes, including residences, offices, cafes, and boutique hotels. Adaptive reuse ensures that these buildings remain relevant while retaining their historical charm. Cultural Significance: These shophouses are not just architectural landmarks; they also hold cultural significance. They reflect the multicultural fabric of Singapore, representing the diverse communities that once lived and worked in these spaces.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
3
Average Price
S1.2M
Total Value
S3.5M
Automated Valuation based on 1570 URA transactions · 8 outliers removed (IQR)
Fair Value
S$1.88M
S$1,794 psf
Asking Price
S$1.25M
S$1,190 psf
vs Market
-33.6%
Confidence
High
1570 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1570 comparable transactions
S$1,759
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
+2%
Adjusted Fair Value PSF
S$1,794
HELIOS AI-Detected Boosters
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.