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HomeBuyAll3RMD12 - Balestier / Toa Payoh3 Bed Condo for Sale in Serangoon Road

3 Bed Condo for Sale in Serangoon Road

1037 Serangoon Road 328170, Bendemeer, Central Region, Singapore

$2,486,000

Added 13 days ago
CondoFor sale
Beds: 3Baths: 2Area: 969 sqft
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IMAGES GALLERY

Nearest MRT Station

Boon Keng

North-East Line NE9

walk•

Property Details

Property IDVeaWdZEuH3tAcr4JZUsK6R
PriceS$2,486,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area969 sqft
PSFS$2,566
Furnished StatusUnknown

Description

Freehold properties generally command higher capital appreciation in the long run as it withstands lease decay where the value of the leasehold properties start to decline as the property ages. As a matter of fact, a statistics study of 26 condo projects in Kallang Bendemeer area show healthy resale capital gains ranging from $67,000 to $1.2 million. Ranking these 26 projects by average resale profits in 2023, freehold projects stand out, taking 6 spots among the top 10 profitable projects in the area. This masterpiece is presented by a strong partnership between trusted home-grown developers, KSH Holdings, SLB Development and H10 Holdings. The latest freehold development that is located just 6 minutes’ walk from Boon Keng MRT. It features 1 Block of 24 Storeys with 172 Residential units ranging from 1-Bed + Study to 4-Bed + Study. Each unit is meticulously designed for form, functionality, and individual needs. Fitted with branded appliances, quality finishes, and fittings. Enjoy a hassle-free daily commute with convenient accessibility of a short 6-minute walk to Boon Keng MRT station. With 2 stops to Little India MRT Interchange and 3 stops to Dhoby Ghaut MRT Interchange, residents get to enjoy quick access to the city's central. Not only that, residents get to enjoy exceptional connectivity to major expressways like PIE, CTE, and MCP which ensures convenience across the island, with the Central Business District only 10 to 12 minutes’ drive away. The Arcady at Boon Keng is also within 1km to Hong Wen School, Bendemeer Primary and St Andrew Village which houses the three schools - St Andrew’s Junior, St Andrew’s Secondary & St Andrew’s Junior College. This proximity to reputable primary schools and overseas institutions offers quality education options. Call 8368XXXX Now To Enquire. Sanche Jagatheesan R070330A

Nearby Locations

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

Schools

Bendemeer Primary School0.19km

MRT Stations

Boon Keng

North-East Line (NE9)
0.44km

Location

1037 Serangoon Road 328170, Bendemeer, Central Region, Singapore

Loading map...

Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

2

Average Price

S111.9M

Total Value

S223.8M

Sales Timeline

Calculating fair value from URA transaction data…

Sanche Jagatheesan

Sanche Jagatheesan

PROPNEX REALTY PTE. LTD.

License: L3008022J

Similar Properties

Above Market· 57.2% above market

Home Report · AVM Fair Value

Automated Valuation based on 1243 URA transactions · 24 outliers removed (IQR)

Fair Value

S$1.58M

S$1,632 psf

Asking Price

S$2.49M

S$2,566 psf

vs Market

+57.2%

Above Market

Confidence

High

1243 comps

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

1243 comparable transactions

S$1,600

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$1,632

Recent Comparable Transactions

DateBlock / StreetArea (sqft)PricePSF
2025-08MEYAPPA CHETTIAR ROAD840S$1,860,000S$2,215
2025-08ST. FRANCIS ROAD1,270S$1,508,000S$1,187
2025-08WOODSVILLE CLOSE495S$895,000S$1,808
2025-08PHENG GECK AVENUE786S$1,388,000S$1,766
2025-08WHAMPOA EAST936S$1,680,000S$1,794

Showing 5 most recent transactions from 1243 total comparables used in valuation.

HELIOS AI-Detected Boosters

freehold

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.