38 Shanghai Road 248201, Chatsworth, Central Region, Singapore
$1,438,000
The Mercury | 38 Shanghai Road 1 + Study | 635 sqft | High Floor (Level 12) | Freehold Well-maintained high floor 1+Study unit in a boutique freehold development located in the city fringe. Situated on Level 12, this 635 sqft apartment enjoys open views, excellent natural light and good cross ventilation. The efficient layout provides a comfortable living and dining area, a functional open kitchen, a spacious bedroom, and a separate study that can be used as a home office or guest space. The unit is well kept and move-in ready, making it suitable for own stay or investment. Key Highlights: High floor with open views Efficient 1+Study layout (635 sqft) Well maintained interior condition Bright and breezy Spacious balcony Freehold development The Mercury is located along Shanghai Road, within close proximity to Outram Park MRT and Tiong Bahru MRT. Residents enjoy convenient access to the CBD, Orchard Road, Robertson Quay, and a wide array of cafes, dining and lifestyle amenities in Tiong Bahru and River Valley. Suitable for professionals, couples, and investors looking for a well-located freehold property in District 3. Contact Logen for an exclusive viewing appointment.
D10 - Tanglin
Great World MRT
1 January 2012
Small (67 units)
67 units
1 Block, 18 Floors
Fortune Shanghai Road Pte Ltd
The Mercury has a total of 67 units, from 1 Bed - 1 Bath to 2 Bed - 2 Bath units. There are 9 types of floor plans from 635 sqft to 1,927 sqft.
The Mercury has 1 block and up to 18 storeys.
The Mercury is a freehold Condo Apartment located in Tanglin, District 10. Completed in 2012, it has a total of 1 blocks within the development and comprises a total of 67 units. It is within walking distance to MRT stations such as Great World MRT and Great World MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, The Mercury is also close to schools like Little Stars Music School, Kay Poh Road Baptist Kindergarten and Safari House Preschool River Valley. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like CS Fresh and Fevorit Teilors for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Q Medical Clinic. Singapore Post - Alexandra Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Let's dress up and travel together, to enjoy some fresh air.
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Total Transactions
16
Average Price
S1.6M
Total Value
S25.3M
Calculating fair value from URA transaction data…
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Automated Valuation based on 11 URA transactions · 1 outliers removed (IQR)
Fair Value
S$1.38M
S$2,171 psf
Asking Price
S$1.44M
S$2,268 psf
vs Market
+4.5%
vs Last Done
+5.1%
Tenure
Freehold
No lease decay
Confidence
High
11 comps
Nearest MRT
Orchard
1045m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
11 comparable transactions
S$2,068
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
+5%
Adjusted Fair Value PSF
S$2,171
Recent Comparable Transactions
10 shown · 11 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | SHANGHAI ROAD Floor 06-10 | 635sqft | S$1,370,000 | ▼S$2,157 -0.6% vs FV | Freehold |
Aug 2025 | SHANGHAI ROAD Floor 06-10 | 635sqft | S$1,370,000 | ▼S$2,157 -0.6% vs FV | Freehold |
May 2024 | SHANGHAI ROAD Floor 06-10 | 635sqft | S$1,295,000 | ▼S$2,039 -6.1% vs FV | Freehold |
Mar 2024 | SHANGHAI ROAD Floor 11-15 | 635sqft | S$1,320,000 | ▼S$2,078 -4.3% vs FV | Freehold |
Aug 2023 | SHANGHAI ROAD Floor 01-05 | 635sqft | S$1,300,000 | ▼S$2,047 -5.7% vs FV | Freehold |
Jun 2023 | SHANGHAI ROAD Floor 11-15 | 1,044sqft | S$2,188,888 | ▼S$2,096 -3.5% vs FV | Freehold |
Jul 2022 | SHANGHAI ROAD Floor 01-05 | 635sqft | S$1,270,000 | ▼S$2,000 -7.9% vs FV | Freehold |
Jun 2022 | SHANGHAI ROAD Floor 06-10 | 1,044sqft | S$1,980,000 | ▼S$1,896 -12.7% vs FV | Freehold |
Mar 2022 | SHANGHAI ROAD Floor 11-15 | 635sqft | S$1,285,000 | ▼S$2,023 -6.8% vs FV | Freehold |
Feb 2022 | SHANGHAI ROAD Floor 16-20 | 635sqft | S$1,340,000 | ▼S$2,110 -2.8% vs FV | Freehold |
Oct 2021 | SHANGHAI ROAD Floor 11-15 | 1,044sqft | S$2,042,000 | ▼S$1,956 -9.9% vs FV | Freehold |
SHANGHAI ROAD
Aug 2025 · Floor 06-10
-0.6% vs FV
SHANGHAI ROAD
Aug 2025 · Floor 06-10
-0.6% vs FV
SHANGHAI ROAD
May 2024 · Floor 06-10
-6.1% vs FV
SHANGHAI ROAD
Mar 2024 · Floor 11-15
-4.3% vs FV
SHANGHAI ROAD
Aug 2023 · Floor 01-05
-5.7% vs FV
SHANGHAI ROAD
Jun 2023 · Floor 11-15
-3.5% vs FV
SHANGHAI ROAD
Jul 2022 · Floor 01-05
-7.9% vs FV
SHANGHAI ROAD
Jun 2022 · Floor 06-10
-12.7% vs FV
SHANGHAI ROAD
Mar 2022 · Floor 11-15
-6.8% vs FV
SHANGHAI ROAD
Feb 2022 · Floor 16-20
-2.8% vs FV
SHANGHAI ROAD
Oct 2021 · Floor 11-15
-9.9% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.