296 Punggol Central 820296, Matilda, North-east Region, Singapore
$770,000
Cove
Punggol LRT PE1
New Listing! ** 5-room Premium Design & Built HDB for Sale** * Just 8 minute walk to Punggol MRT, punggol LRT, Waterpoint Mall and Bus Interchange * Many other amenities like coffeeshops, supermarket,HDB shops,schools within just 5 mins walk * 3 bedrooms,110sqm/1184sqft * Spacious layout, huge hall & dining area * House renovated just 7 years ago * No afternoon sun * Pure selling, No HDB extension stay needed * Buyer can contra * Eligible for all races & citizenship * Stay in one of the only few HDB flat cluster with security gate system at ground floor entry point. Security Telephony intercom system like living in a Condo. **Nearby Amenties Details** Nearest LRT Stations:- - Cove LRT Station - 268m - Punggol MRT/LRT - 511m - Damai LRT Station 550m Nearest Bus stops:- - Opp Blk 296 at Punggol Road - 66m - Opp Blk 199C at Punggol Road -74m - Blk 201A at Punggol Field - 203m - Opp Blk 201A at Punggol Field - 205m - Blk 298 at Punggol Central - 229m Primary Schools Within 1 km:- - Edgefield Primary - Punggol View Primary - Oasis Primary - Punggol Green Primary - Mee Toh School - Valour Primary - Rivervale Primary - Horizon Primary - Greendale Primary Kindly contact Andrew at 9383XXXX for more details and for exclusive viewing now!
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
240
Average Price
S1.3M
Total Value
S312.0M
Calculating fair value from URA transaction data…
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$737,894
S$623 psf
Asking Price
S$770,000
S$650 psf
vs Market
+4.4%
vs Last Done
+14.8%
Tenure
76 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Punggol
513m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$582
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$623
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | Blk 296 PUNGGOL CTRL Floor 04 TO 06 | 1,184sqft | S$670,000 | ▼S$566 -9.1% vs FV | 99yr from 2003 |
Jul 2025 | Blk 296 PUNGGOL CTRL Floor 04 TO 06 | 1,184sqft | S$670,000 | ▼S$566 -9.1% vs FV | 99yr from 2003 |
May 2025 | Blk 296 PUNGGOL CTRL Floor 13 TO 15 | 1,184sqft | S$708,000 | ▼S$598 -4.0% vs FV | 99yr from 2003 |
Blk 296 PUNGGOL CTRL
Jul 2025 · Floor 04 TO 06
-9.1% vs FV
Blk 296 PUNGGOL CTRL
Jul 2025 · Floor 04 TO 06
-9.1% vs FV
Blk 296 PUNGGOL CTRL
May 2025 · Floor 13 TO 15
-4.0% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit in Punggol, with an estimated value of $737,894 (or $623 per square foot), reflects the current market dynamics and the remaining lease of 76 years. This property is situated in a vibrant and evolving neighborhood, known for its burgeoning community amenities and connectivity, which adds to its appeal among potential buyers. However, the estimated value indicates a 4.4% difference from the baseline market price, suggesting a modest premium that may be attributed to the unit's specific attributes or location advantages.
It is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable transactions may lead to fluctuations in perceived value, as the market can be sensitive to changes in buyer sentiment and external economic factors. Therefore, prospective buyers and investors should approach this valuation with a keen understanding of the broader market context and the implications of the property’s remaining lease, which plays a crucial role in long-term investment considerations.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.