7 Haig Road 430007, Geylang East, Central Region, Singapore
$750,000
Rare 5I mode, point blk for sale at 7 Haig Road. Pure selling, no extension required Bright and airy Excellent location Close to MRT Corner unit Great ventilation Quiet and peaceful facing Efficient layout Nearby amenities ⭑ Nearby MRTs • 2 MRTs within 1 km ⭑ Nearby Bus stops • Blk 14 Mkt/FC (256 m) - 4 mins walk • Blk 14 Market/Food Center (264 m) - 4 mins walk • CDAC Building (313 m) - 5 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • MOHAMMAD HABIB & SONS PTE LTD (132 m) - 2 mins walk • FairPrice Joo Chiat Complex (246 m) - 4 mins walk • Cold Storage - One KM (258 m) - 4 mins walk • 6 more walking distance grocery stores within 500 m ⭑ Nearby Schools • happyreadhappylearn华文补习中心 (208 m) - 3 mins walk • MindChamps PreSchool @ East Coast (Kinex) (302 m) - 5 mins walk • KCOO GUYUED TOWER (312 m) - 5 mins walk • 7 more schools within 1 km ⭑ Nearby Parks • Haig Road Garden Shed (117 m) - 2 mins walk • Carpmael Park (343 m) - 5 mins walk • Arts Garden Club (440 m) - 7 mins walk • 7 more parks within 1 km Please call Seina from 99.co @ +659851XXXX to arrange for a viewing.
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Total Transactions
3
Average Price
S1.5M
Total Value
S4.5M
Calculating fair value from URA transaction data…
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Automated Valuation based on 4 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$783,749
S$617 psf
Asking Price
S$750,000
S$591 psf
vs Market
-4.3%
vs Last Done
-30.1%
Tenure
49 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
4 comps
Nearest MRT
Paya Lebar
653m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
4 comparable transactions
S$864
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.700
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$617
Recent Comparable Transactions
4 shown · 4 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▲S$845 +37.0% vs FV | 99yr from 2000 |
Sep 2024 | Blk 5 PINE CL Floor 01 TO 03 | 1,195sqft | S$1,010,000 | ▲S$845 +37.0% vs FV | 99yr from 2000 |
Aug 2024 | Blk 5 PINE CL Floor 13 TO 15 | 1,195sqft | S$1,028,888 | ▲S$861 +39.5% vs FV | 99yr from 2000 |
Jun 2024 | Blk 5 PINE CL Floor 19 TO 21 | 1,195sqft | S$1,068,888 | ▲S$895 +45.1% vs FV | 99yr from 2000 |
May 2024 | Blk 5 PINE CL Floor 16 TO 18 | 1,195sqft | S$1,023,000 | ▲S$856 +38.7% vs FV | 99yr from 2000 |
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
+37.0% vs FV
Blk 5 PINE CL
Sep 2024 · Floor 01 TO 03
+37.0% vs FV
Blk 5 PINE CL
Aug 2024 · Floor 13 TO 15
+39.5% vs FV
Blk 5 PINE CL
Jun 2024 · Floor 19 TO 21
+45.1% vs FV
Blk 5 PINE CL
May 2024 · Floor 16 TO 18
+38.7% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room unit located in Geylang, with a remaining lease of 49 years, stands at an estimated value of $783,749, translating to a price per square foot (PSF) of $617. This valuation reflects a market price that is 4.3% above the baseline, indicating a moderately bullish sentiment in the local real estate sector. The Geylang area, known for its vibrant culture and strategic connectivity, continues to attract interest among potential buyers, contributing to the upward price pressure observed in recent transactions.
However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data pool, which is based on only four recent HDB resale transactions in the vicinity. As the remaining lease of the property diminishes, it may influence buyer sentiment and affordability, particularly in a market where leasehold properties are scrutinized closely for their long-term investment potential. Investors and homeowners alike should consider these dynamics when evaluating the property's value and future appreciation prospects.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.