Meragi Road, Simei, East Region, Singapore
$5,600,000
Rare modern home on flat 2,244 sqft land with wide 6.7 m frontage and unblocked rear (no house behind), approx. 8 mins walk to MRT. South-east facing, approx. 4,700 sqft built-up with high ceilings, no split levels, and private lift serving all floors. Extensively renovated 3.5 years ago ($400k), magazine-featured and in near-brand-new condition. Fully future-ready with a 23.01 kWp solar system generating $250+ monthly SP rebate after zero utilities, plus EV-ready and 3-phase power. ⸻ Key Highlights • TOP 2012 | Modern designer-built home (magazine-featured) • Land 2,244 sqft | Approx. 4,700 sqft built-up • Wide 6.7 m frontage | Park 2 cars comfortably • Flat layout, no split levels • Private lift serving all floors • High ceilings: 4.2 m (L1), 3.6 m (L2 & L3) • 6 bedrooms + bomb shelter + helper’s room • 5 bathrooms (2 ensuite, 2 Jack-and-Jill) • South-east facing • Unblocked backyard (rare single-loaded layout) • $400k renovation completed 3.5 years ago • 23.01 kWp solar system (1-year old, 12-year warranty, 30 years power output warranty) • $0 utilities + $250+ monthly SP rebate • 3-phase electricity • EV-ready with 32A charging point
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Total Transactions
10
Average Price
S1.8M
Total Value
S17.7M
Calculating fair value from URA transaction data…
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Automated Valuation based on 16 URA transactions · 2 outliers removed (IQR)
Fair Value
S$8.35M
S$1,777 psf
Asking Price
S$5.60M
S$2,496 psf
vs Market
-32.9%
vs Last Done
+33.5%
Tenure
Freehold
No lease decay
Confidence
High
16 comps
Nearest MRT
Upper Changi
151m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
16 comparable transactions
S$1,457
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
0%
Adjusted Fair Value PSF
S$1,777
Recent Comparable Transactions
10 shown · 16 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | MERAGI TERRACE Floor - | 2,112sqft | S$3,950,000 | ▲S$1,870 +5.2% vs FV | 999 yrs lease commencing from 1885 |
Jul 2025 | MERAGI TERRACE Floor - | 2,112sqft | S$3,950,000 | ▲S$1,870 +5.2% vs FV | 999 yrs lease commencing from 1885 |
Jun 2025 | MERAGI ROAD Floor - | 2,486sqft | S$4,520,000 | ▲S$1,818 +2.3% vs FV | Freehold |
Jun 2025 | MERAGI ROAD Floor - | 2,486sqft | S$4,520,000 | ▲S$1,818 +2.3% vs FV | Freehold |
Apr 2025 | JALAN DEMAK Floor - | 2,426sqft | S$3,258,000 | ▼S$1,343 -24.4% vs FV | 99 yrs lease commencing from 1994 |
Apr 2025 | JALAN DEMAK Floor - | 2,426sqft | S$3,258,000 | ▼S$1,343 -24.4% vs FV | 99 yrs lease commencing from 1994 |
Apr 2025 | MERAGI TERRACE Floor - | 4,325sqft | S$4,950,000 | ▼S$1,145 -35.6% vs FV | 999 yrs lease commencing from 1885 |
Jun 2024 | MERAGI TERRACE Floor - | 2,051sqft | S$4,500,000 | ▲S$2,195 +23.5% vs FV | 999 yrs lease commencing from 1885 |
Oct 2023 | MERAGI ROAD Floor - | 4,418sqft | S$5,000,000 | ▼S$1,132 -36.3% vs FV | 999 yrs lease commencing from 1885 |
Oct 2023 | MERAGI ROAD Floor - | 4,418sqft | S$5,000,000 | ▼S$1,132 -36.3% vs FV | 999 yrs lease commencing from 1885 |
Sep 2022 | MERAGI TERRACE Floor - | 4,259sqft | S$4,680,000 | ▼S$1,099 -38.2% vs FV | 999 yrs lease commencing from 1885 |
MERAGI TERRACE
Jul 2025 · Floor -
+5.2% vs FV
MERAGI TERRACE
Jul 2025 · Floor -
+5.2% vs FV
MERAGI ROAD
Jun 2025 · Floor -
+2.3% vs FV
MERAGI ROAD
Jun 2025 · Floor -
+2.3% vs FV
JALAN DEMAK
Apr 2025 · Floor -
-24.4% vs FV
JALAN DEMAK
Apr 2025 · Floor -
-24.4% vs FV
MERAGI TERRACE
Apr 2025 · Floor -
-35.6% vs FV
MERAGI TERRACE
Jun 2024 · Floor -
+23.5% vs FV
MERAGI ROAD
Oct 2023 · Floor -
-36.3% vs FV
MERAGI ROAD
Oct 2023 · Floor -
-36.3% vs FV
MERAGI TERRACE
Sep 2022 · Floor -
-38.2% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.