601b Punggol Central 822601, Waterway East, North-east Region, Singapore
$420,000
Cove
Punggol LRT PE1
Super Convenient! 2-room Flexi at 601B Punggol Central for Sale!! ** No Extension Need. Can Contra** • 1 Bedroom, original condition • Low floor, corner unit • Approximately 538 sqft • Fully furnished. No TV and TV console • Supermarket and coffee shop nearby • Near Waterway Point, Punggol Regional Sports Centre and SAFRA Punggol • Mins walk to Punggol MRT (NE21), Damai LRT (PE7) Tenant and Agent welcome! Whatsapp NOW to find out more!
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: L3009643J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$342,593
S$637 psf
Asking Price
S$420,000
S$781 psf
vs Market
+22.6%
vs Last Done
+31.3%
Tenure
83 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Punggol
693m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$595
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$637
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2024 | Blk 601B PUNGGOL CTRL Floor 01 TO 03 | 538sqft | S$320,000 | ▼S$595 -6.6% vs FV | 99yr from 2012 |
Apr 2024 | Blk 601B PUNGGOL CTRL Floor 01 TO 03 | 538sqft | S$320,000 | ▼S$595 -6.6% vs FV | 99yr from 2012 |
Blk 601B PUNGGOL CTRL
Apr 2024 · Floor 01 TO 03
-6.6% vs FV
Blk 601B PUNGGOL CTRL
Apr 2024 · Floor 01 TO 03
-6.6% vs FV
HELIOS AI Analysis
The valuation of the HDB 2-room unit in Punggol, with a remaining lease of 83 years, stands at an estimated value of $342,593, translating to a price per square foot (PSF) of $637. This valuation indicates a significant premium over the market baseline, reflecting a 22.6% increase. Such a deviation suggests heightened demand or specific buyer sentiment influencing the local property dynamics, particularly within the Punggol area, which has been experiencing notable growth and development in recent years.
However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a singular recent HDB resale transaction in the vicinity. This limited data point raises concerns about the robustness of the valuation, as it may not fully encapsulate the broader market trends and fluctuations. Investors and potential buyers should exercise caution and consider the leasehold nature of the property, as well as the evolving landscape of Punggol, which could impact future resale values and rental yields.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.