Meragi Close, Simei, East Region, Singapore
$5,680,000
Luxurious 2.5 Storey Terrace House for Sale at Meragi Close! Ivy 9385XXXX will present u a ‘good house’with 7 Bedrooms: with 6 ensuites *Built-up Area:* Approx. 3,750 sqft Step into your dream home nestled in a tranquil cul-de-sac at Meragi Close! This stunning, *renovated 2.5 storey terrace house* is in *move-in condition*, offering the perfect blend of space, comfort, and modern living. *Key Features:* - *7 Spacious Bedrooms* (6 are ensuites) and *7 Bathrooms* for ultimate convenience. - Thoughtfully designed *dry and wet kitchen* equipped for all your culinary needs to cater for kitchen appliances such as Oven Steamer, Microwave Oven, Airfryer, Rice Cooker, and water dispenser. - Generous *car porch* to accommodate your vehicles. - The first floor features a *granny room with ensuite bathroom* and an additional bedroom next to a common bathroom suits 3 generation family *Prime Location:* - Just a *5-minute walk to DT34 Upper Changi MRT* and *11 minutes to EW3 Simei MRT*. - Enjoy the outdoors with *Meragi Park* and *Jalan Peatok Park* just a short stroll away. - *Food & Shopping:* Eastpoint Mall and Expo within *900m*; 7-Eleven just *300m* away; and SUTD Cheer and canteen only *600m* from your doorstep. - Excellent educational options with *Changkat Primary School, Changkat Secondary School, and East Spring Primary School* all within 1.2km. Don’t miss this rare opportunity to own a beautifully renovated home in a prime location! Contact us today to schedule a viewing. Call OrangeTee Agent Ivy Ong at 9385 XXXX now for exclusive viewing Your dream home awaits at Meragi Close!
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Total Transactions
8
Average Price
S3.5M
Total Value
S27.9M
Calculating fair value from URA transaction data…
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Automated Valuation based on 115 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.80M
S$479 psf
Asking Price
S$5.68M
S$2,668 psf
vs Market
+216.0%
vs Last Done
+345.4%
Tenure
50 yrs
99-year Leasehold · Balance remaining
Confidence
High
115 comps
Nearest MRT
Upper Changi
415m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
115 comparable transactions
S$639
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.714
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$479
Recent Comparable Transactions
10 shown · 115 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneSep 2025 | Blk 725 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,528sqft | S$915,000 | ▲S$599 +25.1% vs FV | 99yr from 1984 |
Sep 2025 | Blk 725 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,528sqft | S$915,000 | ▲S$599 +25.1% vs FV | 99yr from 1984 |
Sep 2025 | Blk 725 BEDOK RESERVOIR RD Floor 16 TO 18 | 1,528sqft | S$1,040,000 | ▲S$680 +42.0% vs FV | 99yr from 1984 |
Aug 2025 | Blk 719 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,593sqft | S$940,000 | ▲S$590 +23.2% vs FV | 99yr from 1984 |
Jul 2025 | Blk 719 BEDOK RESERVOIR RD Floor 07 TO 09 | 1,593sqft | S$1,050,000 | ▲S$659 +37.6% vs FV | 99yr from 1984 |
Jul 2025 | Blk 721 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,658sqft | S$928,000 | ▲S$560 +16.9% vs FV | 99yr from 1984 |
Apr 2025 | Blk 716 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,582sqft | S$940,000 | ▲S$594 +24.0% vs FV | 99yr from 1984 |
Mar 2025 | Blk 725 BEDOK RESERVOIR RD Floor 16 TO 18 | 1,625sqft | S$1,000,888 | ▲S$616 +28.6% vs FV | 99yr from 1984 |
Mar 2025 | Blk 721 BEDOK RESERVOIR RD Floor 16 TO 18 | 1,593sqft | S$982,888 | ▲S$617 +28.8% vs FV | 99yr from 1984 |
Dec 2024 | Blk 719 BEDOK RESERVOIR RD Floor 10 TO 12 | 1,539sqft | S$900,000 | ▲S$585 +22.1% vs FV | 99yr from 1984 |
Oct 2024 | Blk 719 BEDOK RESERVOIR RD Floor 04 TO 06 | 1,593sqft | S$920,000 | ▲S$578 +20.7% vs FV | 99yr from 1984 |
Blk 725 BEDOK RESERVOIR RD
Sep 2025 · Floor 04 TO 06
+25.1% vs FV
Blk 725 BEDOK RESERVOIR RD
Sep 2025 · Floor 04 TO 06
+25.1% vs FV
Blk 725 BEDOK RESERVOIR RD
Sep 2025 · Floor 16 TO 18
+42.0% vs FV
Blk 719 BEDOK RESERVOIR RD
Aug 2025 · Floor 04 TO 06
+23.2% vs FV
Blk 719 BEDOK RESERVOIR RD
Jul 2025 · Floor 07 TO 09
+37.6% vs FV
Blk 721 BEDOK RESERVOIR RD
Jul 2025 · Floor 04 TO 06
+16.9% vs FV
Blk 716 BEDOK RESERVOIR RD
Apr 2025 · Floor 04 TO 06
+24.0% vs FV
Blk 725 BEDOK RESERVOIR RD
Mar 2025 · Floor 16 TO 18
+28.6% vs FV
Blk 721 BEDOK RESERVOIR RD
Mar 2025 · Floor 16 TO 18
+28.8% vs FV
Blk 719 BEDOK RESERVOIR RD
Dec 2024 · Floor 10 TO 12
+22.1% vs FV
Blk 719 BEDOK RESERVOIR RD
Oct 2024 · Floor 04 TO 06
+20.7% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Bedok, with a remaining lease of 50 years, stands at an estimated value of $1,797,312, equating to a price per square foot (PSF) of $479. This valuation is notably positioned above the market baseline, reflecting a significant 216% difference. Such a premium valuation indicates robust demand and strong buyer sentiment in the Bedok area, which is supported by a detailed analysis of 115 recent HDB resale transactions in the vicinity.
Given the high model confidence associated with this valuation, it is clear that several key market dynamics are at play. Firstly, the remaining lease of 50 years, while less than the average tenure of many HDB properties, still offers a substantial period for ownership and potential appreciation. Secondly, Bedok's strategic location, coupled with its accessibility and community amenities, enhances its appeal, particularly to families and young professionals. As the market continues to evolve, this HDB unit exemplifies the prevailing trends towards premium valuations, driven by both location desirability and the broader economic landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.