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 HDB 3 Room unit located in Punggol, with a remaining lease of 83 years, presents a compelling valuation of $522,315, translating to $694 PSF. This valuation is positioned above the market baseline, reflecting a notable 6.8% premium against typical pricing trends in the area. Such a premium indicates a strong demand for HDB properties in this burgeoning precinct, which is characterized by ongoing infrastructural developments and a vibrant community lifestyle. Punggol has increasingly become a sought-after locale for young families and first-time buyers, contributing to the upward pressure on property values.
However, it is essential to note that the valuation is based on only one recent HDB resale transaction in the vicinity, leading to a low model confidence rating. This limited transactional data may not fully capture the prevailing market dynamics, and prospective buyers should exercise caution. The relatively long remaining lease of 83 years does provide an added layer of security, as it allows for ample time for appreciation and growth, assuming continued demand in the Punggol area. In conclusion, while the current valuation exhibits positive market signals, a comprehensive understanding of the local real estate landscape is paramount for informed decision-making.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.