557 Choa Chu Kang North 6 680557, Choa Chu Kang North, West Region, Singapore
$860,000
Spanning approximately 1,572 sqft, this well-renovated unit offers a modern living environment with the flexibility to convert into 4 bedrooms, perfect for families or young professionals seeking versatile space. Extension is NOT required for this unit which makes your timing more flexible for 2nd time buyers and earlier move in for those who needs their unit faster. Located in District 23, this L99 leasehold property provides convenient access to essential amenities, including nearby MRT stations and shopping centers. The unit features contemporary kitchen furnishings, air conditioning, and a cozy living area designed for comfort and style, making it an ideal choice for first-time buyers or those looking to invest in a prime location. Schedule a viewing today by contacting Jimmy at 8434 XXXX. Note that extension is required for this unit. Act now to secure this exceptional property at a competitive price. Please do not miss this unit and WhatsApp me @8434XXXX for a viewing appointment! Jimmy Te Propnex Realty Pte Ltd Mobile: 8434 XXXX
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
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$820,705
S$522 psf
Asking Price
S$860,000
S$547 psf
vs Market
+4.8%
vs Last Done
-2.5%
Tenure
67 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Yew Tee
394m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$520
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.957
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$522
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2024 | Blk 557 CHOA CHU KANG NTH 6 Floor 10 TO 12 | 1,582sqft | S$888,000 | ▲S$561 +7.5% vs FV | 99yr from 1996 |
Aug 2024 | Blk 557 CHOA CHU KANG NTH 6 Floor 10 TO 12 | 1,582sqft | S$888,000 | ▲S$561 +7.5% vs FV | 99yr from 1996 |
Jun 2024 | Blk 557 CHOA CHU KANG NTH 6 Floor 01 TO 03 | 1,582sqft | S$757,000 | ▼S$478 -8.4% vs FV | 99yr from 1996 |
Blk 557 CHOA CHU KANG NTH 6
Aug 2024 · Floor 10 TO 12
+7.5% vs FV
Blk 557 CHOA CHU KANG NTH 6
Aug 2024 · Floor 10 TO 12
+7.5% vs FV
Blk 557 CHOA CHU KANG NTH 6
Jun 2024 · Floor 01 TO 03
-8.4% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive apartment in Choa Chu Kang, set at an estimated value of $820,705, reflects a price per square foot (PSF) of $522. With a remaining lease of 67 years, this property occupies a crucial position within the market, particularly as Singapore's HDB landscape transitions towards longer lease tenures. The current valuation shows a market price that is 4.8% above the baseline, indicating a slight upward trend amidst the overall market fluctuations.
However, it is important to note that the model confidence for this valuation remains low, which suggests potential volatility or uncertainties in the local real estate dynamics. This valuation is substantiated by only two recent HDB resale transactions in the vicinity, which may not provide a comprehensive picture of the market trends. As such, prospective buyers and investors should consider the implications of remaining lease and market signals, carefully weighing the potential for future appreciation against the backdrop of a fluctuating real estate environment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.