602c Punggol Central 823602, Waterway East, North-east Region, Singapore
$558,000
Cove
Punggol LRT PE1
Looking for a well-maintained, high-floor home with superb convenience? This 3-room flat at 602C Punggol Central could be the perfect fit for you. Why this unit stands out: • High floor – enjoy privacy, wind flow & natural light • Efficient and regular layout – no wasted space, easy to design and furnish • Well-maintained & move-in condition – save time and renovation costs • Bright and airy throughout – comfortable living environment for everyday living • Ideal for singles, couples, or small families Location & Convenience: • Just minutes’ walk/ 2 short bus stops to Punggol MRT- seamless connectivity • Sheng Siong & coffee shop are just across a street, Waterway Point, supermarkets & eateries – everything at your doorstep • Close to reputable schools and childcare centres (7 Primary Schools within 1km!) • Surrounded by parks and Punggol Waterway – perfect for lifestyle living Why this is a smart buy: With limited supply of well-kept 3-room flats in such a convenient location, this unit offers both own-stay comfort and future value potential. ** Take note that Seller needs 3 months extension. ⸻ Don’t miss this rare opportunity! Units like this don’t stay long in today’s market. ** Call Sherlyn Loh (PropNex) at 9743 XXXX (nine seven four three zero eight one five) now for an exclusive viewing before it’s gone!
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…


License: L3010738A
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$522,315
S$694 psf
Asking Price
S$558,000
S$741 psf
vs Market
+6.8%
vs Last Done
+14.4%
Tenure
83 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Punggol
606m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$648
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$694
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2024 | Blk 602C PUNGGOL CTRL Floor 13 TO 15 | 753sqft | S$488,000 | ▼S$648 -6.6% vs FV | 99yr from 2012 |
May 2024 | Blk 602C PUNGGOL CTRL Floor 13 TO 15 | 753sqft | S$488,000 | ▼S$648 -6.6% vs FV | 99yr from 2012 |
Blk 602C PUNGGOL CTRL
May 2024 · Floor 13 TO 15
-6.6% vs FV
Blk 602C PUNGGOL CTRL
May 2024 · Floor 13 TO 15
-6.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 3 Room unit in Punggol, with a remaining lease of 83 years, stands at an estimated value of $522,315, equating to $694 PSF. This figure indicates a market signal that is currently above the baseline by 6.8%, suggesting a strong demand for properties in this locale despite the overall market volatility. Such an upward deviation from the baseline valuation is notable, particularly in a region like Punggol, which has been witnessing a transformative evolution in terms of urban development and amenities.
However, it is important to consider the model confidence level, which is categorized as low. This low confidence is primarily based on the limited data available, with only one recent HDB resale transaction recorded in the vicinity. While the current valuation reflects positive market sentiment and potential growth, stakeholders should approach this analysis with caution, given the sparse transactional evidence that could support or refute this valuation trend. The dynamics of leasehold properties in Singapore, particularly those with a remaining lease of 83 years, further complicate the valuation landscape, as future resale potential may hinge on market perceptions related to lease duration and urban developments in the surrounding areas.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.