Home Buy Condominium Apartment 1RM D09 - Orchard / River Valley1 Bed Apartment (Condo) for Sale in The Atelier

1 Bed Apartment (Condo) for Sale in The Atelier

2 Makeway Avenue 228599, Moulmein, Central Region, Singapore

$1,650,000

Added 3 hours ago

ApartmentFor sale

Beds: 1Area: 549 sqft

Above Market· 8.8% above market

+17View all

Nearest MRT Station

Newton

North-South Line NS21

walk•

Property Details

Property IDoSgFpEWA4fsw9Ewpo9LHgs

PriceS$1,650,000

Property TypeApartment

StatusFor sale

Beds1

Built Area549 sqft

PSF

S$3,005

Year Built2024

Furnished StatusUnknown

Description

Development Information

District & Area

D09 - Novena

Nearest MRT

Newton MRT · 5 min walk

Tenure

Freehold

TOP Date

20 December 2024

Project Size

Small (120 units)

120 units

Building Structure

1 Block, 22 Floors

Developer

Bukit Sembawang Land Pte Ltd

Unit Configuration

Bedroom Types1, 2, 3, 4 Bedroom

Floor Plan Details

The Atelier has a total of 120 units, from 1 Bed - 1 Bath to 4 Bed - 3 Bath units. There are 4 types of floor plans from 549 sqft to 1,496 sqft.

Site Plan

The Atelier has 1 block and up to 22 storeys.

Development Facilities

Billiards RoomConciergeClubhouseGymLap PoolOutdoor DiningPlaygroundPool DeckReflective PoolSculptureSteam RoomSwimming PoolWading Pool

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Features & Amenities

Sculpture

Swimming pool

Billiards room

Gym

Outdoor dining

Playground

Pool deck

Hydrotherapy pool

Wading pool

Steam room

Lap pool

Clubhouse

Concierge

Location

2 Makeway Avenue 228599, Moulmein, Central Region, Singapore

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Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

Total Value

Sales Timeline

No timeline data available

No data available

No transaction data found. This could be due to:

No transactions in the selected radius
Invalid date formats in transaction data
Missing price or area information
Current filter settings excluding all transactions

Home Report · AVM Fair Value

Automated Valuation based on 117 URA transactions · 3 outliers removed (IQR)

Fair Value

S$1.52M

S$2,763 psf

Asking Price

S$1.65M

S$3,005 psf

vs Market

+8.8%

Above Market

vs Last Done

+10.1%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

117 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Newton

392m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

117 comparable transactions

S$2,683

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$2,763

Recent Comparable Transactions

10 shown · 117 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2023	MAKEWAY AVENUE Floor 21-25	549sqft	S$1,498,000	▼S$2,729 -1.2% vs FV	Freehold
Aug 2023	MAKEWAY AVENUE Floor 21-25	549sqft	S$1,498,000	▼S$2,729 -1.2% vs FV	Freehold
Jul 2023	MAKEWAY AVENUE Floor 21-25	549sqft	S$1,508,000	▼S$2,747 -0.6% vs FV	Freehold
Jul 2023	MAKEWAY AVENUE Floor 21-25	549sqft	S$1,528,000	▲S$2,783 +0.7% vs FV	Freehold
Jul 2023	MAKEWAY AVENUE Floor 06-10	1,281sqft	S$3,341,520	▼S$2,609 -5.6% vs FV	Freehold
Jul 2023	MAKEWAY AVENUE Floor 16-20	549sqft	S$1,538,000	▲S$2,802 +1.4% vs FV	Freehold
Jul 2023	MAKEWAY AVENUE Floor 11-15	549sqft	S$1,490,580	▼S$2,715 -1.7% vs FV	Freehold
Jun 2023	MAKEWAY AVENUE Floor 06-10	1,281sqft	S$3,181,900	▼S$2,484 -10.1% vs FV	Freehold
Jun 2023	MAKEWAY AVENUE Floor 21-25	1,496sqft	S$4,032,210	▼S$2,695 -2.5% vs FV	Freehold
Jun 2023	MAKEWAY AVENUE Floor 16-20	1,496sqft	S$4,004,910	▼S$2,677 -3.1% vs FV	Freehold
Jun 2023	MAKEWAY AVENUE Floor 21-25	915sqft	S$2,478,840	▼S$2,709 -2.0% vs FV	Freehold

Last Done

MAKEWAY AVENUE

Aug 2023 · Floor 21-25

▼S$2,729 psf

-1.2% vs FV

549 sqftS$1,498,000Freehold

MAKEWAY AVENUE

Aug 2023 · Floor 21-25

▼S$2,729 psf

-1.2% vs FV

549 sqftS$1,498,000Freehold

MAKEWAY AVENUE

Jul 2023 · Floor 21-25

▼S$2,747 psf

-0.6% vs FV

549 sqftS$1,508,000Freehold

MAKEWAY AVENUE

Jul 2023 · Floor 21-25

▲S$2,783 psf

+0.7% vs FV

549 sqftS$1,528,000Freehold

MAKEWAY AVENUE

Jul 2023 · Floor 06-10

▼S$2,609 psf

-5.6% vs FV

1,281 sqftS$3,341,520Freehold

MAKEWAY AVENUE

Jul 2023 · Floor 16-20

▲S$2,802 psf

+1.4% vs FV

549 sqftS$1,538,000Freehold

MAKEWAY AVENUE

Jul 2023 · Floor 11-15

▼S$2,715 psf

-1.7% vs FV

549 sqftS$1,490,580Freehold

MAKEWAY AVENUE

Jun 2023 · Floor 06-10

▼S$2,484 psf

-10.1% vs FV

1,281 sqftS$3,181,900Freehold

MAKEWAY AVENUE

Jun 2023 · Floor 21-25

▼S$2,695 psf

-2.5% vs FV

1,496 sqftS$4,032,210Freehold

MAKEWAY AVENUE

Jun 2023 · Floor 16-20

▼S$2,677 psf

-3.1% vs FV

1,496 sqftS$4,004,910Freehold

MAKEWAY AVENUE

Jun 2023 · Floor 21-25

▼S$2,709 psf

-2.0% vs FV

915 sqftS$2,478,840Freehold

Below Fair Value

Above Fair Value

FV: S$2,763 psf

HELIOS AI Analysis

Based on 117 URA transactions (3 outliers removed), adjusted for: MRT Newton 392m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Calculating fair value from URA transaction data…

Kelly tan

License: L3008022J

1 Bed Apartment (Condo) for Sale in The Atelier

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

District & Area

Nearest MRT

Tenure

TOP Date

Project Size

Building Structure

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Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

No data available

Home Report · AVM Fair Value

Kelly tan

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Home Report · AVM Fair Value