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 in Punggol, currently estimated at $737,894 or $623 PSF, reflects a nuanced understanding of the local housing market dynamics, particularly given the property’s remaining lease of 76 years. This significant remaining lease period positions the property favorably within the context of HDB resale transactions, appealing to both potential homeowners and investors looking for longevity in their property asset. The valuation is supported by recent market activity, with a calculated 4.4% difference from the baseline price indicating a moderate positive sentiment in the vicinity.
However, it is important to note that the model confidence is currently rated as low, primarily due to the limited data set from only two recent HDB resale transactions in the area. This cautionary signal suggests that while there is potential for price appreciation, the market may be influenced by various factors such as economic conditions, buyer sentiment, and changes in policy. Prospective buyers should consider these elements carefully when evaluating this HDB property, as they could significantly impact future valuations and market performance.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.