62 Circuit Road 370062, Macpherson, Central Region, Singapore
$1,200 /month
The listing is for a Common Room for 2 pax females available for rent in 62 Circuit Road, a stunning HDB Flat in Singapore. For Male Tenants only Key features ● Move-in condition ● Well-maintained and renovated condition ● Well-kept unit condition ● Fully furnished unit ● Corner unit If you are searching for a HDB in Singapore, look no further than this stunning HDB for Rent in Geylang. Located in District 13, Circuit Road was completed in 1965 and is a 99 year leasehold HDB Development. This hdb for rent is one of a total of 118 units in the development which has a total of 10 floors and is one of 64 HDB blocks on Circuit Road. If you are looking for a property in the Geylang HDB Estate, this might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • Macpherson (323 m) - 5 mins walk • MacPherson (326 m) - 5 mins walk • Mattar (411 m) - 6 mins walk ⭑ Nearby Bus stops • Macpherson Secondary School (144 m) - 2 mins walk • Kong Hwa School (183 m) - 3 mins walk • Blk 79 Food center (206 m) - 3 mins walk • 6 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • G.K. & Sons Hypermart (315 m) - 5 mins walk • FairPrice - Circuit Blk 77 (325 m) - 5 mins walk • Sheng Siong Supermarket (353 m) - 5 mins walk • 2 more walking distance grocery stores within 500 m ⭑ Nearby Schools • Taoist College (521 m) - 6 mins drive • Canossa Catholic Primary School (546 m) - 10 mins drive • Raffles House @Paya Lebar (590 m) - 5 mins drive • 6 more schools within 1 km ⭑ Nearby Parks • Pelton Canal Park Connector (258 m) - 4 mins walk • Swee Bee Contractor Pte Ltd (412 m) - 6 mins walk • Jenesis (483 m) - 7 mins walk • 7 more parks within 1 km Please call Elias Halek from 99.co @ +659338XXXX to arrange for a viewing.
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…
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Sale-value benchmarks do not apply to individual rooms
Fair Value
NA
Not meaningful for room rentals
Asking Price
S$1,200
S$12 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
38 yrs
99-year Leasehold · ⚠️ Short lease
Confidence
Low
2 comps
Nearest MRT
MacPherson
311m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$584
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.543
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$333
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2024 | Blk 62 CIRCUIT RD Floor 01 TO 03 | 484sqft | S$290,000 | ▲S$599 +79.9% vs FV | 99yr from 1967 |
Oct 2024 | Blk 62 CIRCUIT RD Floor 01 TO 03 | 484sqft | S$290,000 | ▲S$599 +79.9% vs FV | 99yr from 1967 |
Aug 2024 | Blk 62 CIRCUIT RD Floor 01 TO 03 | 474sqft | S$270,000 | ▲S$570 +71.2% vs FV | 99yr from 1967 |
Blk 62 CIRCUIT RD
Oct 2024 · Floor 01 TO 03
+79.9% vs FV
Blk 62 CIRCUIT RD
Oct 2024 · Floor 01 TO 03
+79.9% vs FV
Blk 62 CIRCUIT RD
Aug 2024 · Floor 01 TO 03
+71.2% vs FV
HELIOS AI Analysis
The valuation of the 2-room HDB unit in Geylang, with a remaining lease of 38 years, stands at an estimated value of $33,310, translating to a price per square foot (PSF) of $333. Notably, this valuation aligns precisely with the current market price, reflecting a 0% difference from the baseline. This stability in pricing suggests a balanced market sentiment, where buyer and seller expectations are closely aligned. However, the low model confidence indicates potential volatility in the valuation, underscoring the need for cautious engagement in this segment.
Recent resale transactions in the vicinity, though limited to just two, have provided a foundational basis for this valuation. These transactions highlight the competitive nature of the Geylang market, where properties of similar specifications are being assessed. The remaining lease of 38 years may influence buyer sentiment, particularly among those seeking long-term investments. As the market dynamics evolve, stakeholders should remain vigilant of trends impacting leasehold properties, especially in a locale characterized by its vibrant culture and strategic location within Singapore.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.