803 Chai Chee Road 460803, Kembangan, East Region, Singapore
$4,500 /month
Spacious and Large Home Nearby amenities ⭑ Nearby MRTs • 1 MRT within 1 km ⭑ Nearby Bus stops • Blk 24 (68 m) - 1 mins walk • Opposite Blk 24 (95 m) - 2 mins walk • Chai Chee Industrial Park (172 m) - 3 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • FairPrice Chai Chee Avenue (135 m) - 2 mins walk • FairPrice - Chai Chee (154 m) - 3 mins walk • Prime Supermarket (189 m) - 3 mins walk ⭑ Nearby Schools • LCentral English (Bedok) - Premier English Specialist (68 m) - 1 mins walk • Kindergolf Pte Ltd (209 m) - 3 mins walk • Mini World Child Care & Development Centre Pte Ltd (366 m) - 6 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • Red Cross Campsite (303 m) - 5 mins walk • Bangsawan Park (358 m) - 5 mins walk • Play Corridor - Block 40 (510 m) - 2 mins drive • 7 more parks within 1 km Are you looking to rent out your unit in Singapore within 2-3 weeks? Looking to secure a unit in Singapore for rental? Get in touch with me today! Baron Tan, Propnex, R069495I Hp: +65 8774 XXXX Wechat: supplyndemand 想在2-3个星期内把您的屋子出租吗? 在新加坡找房子租吗? 欢迎来电询问! 陈中介,Propnex, R069495I 手机 (Whatsapp): 8774 XXXX 微信: supplyndemand
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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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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$651,725
S$496 psf
Asking Price
S$4,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
55 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Bedok
836m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$619
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.786
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$496
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 803 CHAI CHEE RD Floor 04 TO 06 | 1,356sqft | S$840,000 | ▲S$619 +24.8% vs FV | 99yr from 1993 |
Nov 2024 | Blk 803 CHAI CHEE RD Floor 04 TO 06 | 1,356sqft | S$840,000 | ▲S$619 +24.8% vs FV | 99yr from 1993 |
Blk 803 CHAI CHEE RD
Nov 2024 · Floor 04 TO 06
+24.8% vs FV
Blk 803 CHAI CHEE RD
Nov 2024 · Floor 04 TO 06
+24.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room property located in Bedok, with a remaining lease of 55 years, stands at an estimated value of $651,725 or $496 PSF. This valuation reflects a market price that aligns closely with the baseline, indicating a 0% difference from similar properties in the vicinity. Such a stable market signal suggests that the property is currently priced in accordance with prevailing market trends, maintaining equilibrium amid varying demand dynamics.
However, it's crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, which is based on only one recent HDB resale transaction in the area. The narrow data pool may not adequately represent the broader market conditions, thereby impacting the reliability of the valuation. As the remaining lease diminishes over time, potential buyers should carefully consider the implications of leasehold properties in Singapore's evolving real estate landscape, particularly in a region like Bedok, which continues to experience growth and infrastructural development.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.