2 Margate Road 438042, Mountbatten, Central Region, Singapore
$1,450
D15 - Marine Parade
Katong Park MRT · 4 min walk
1 January 1998
Small (15 units)
15 units
1 Block
Not available
Margate Point is a freehold Condo Apartment located in Marine Parade, District 15. Completed in 1998, it has a total of 1 blocks within the development and comprises a total of 15 units. It is within walking distance to MRT stations such as Katong Park MRT and Mountbatten MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Margate Point is also close to schools like Eton House International School (Mountbatten 718), Eton House International School (Mountbatten 717) and Indiaboy. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice Geylang Lorong and FairPrice Xpress for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as East Coast Family Clinic. Singapore Post - Katong Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Wilkinson Interim Park, to enjoy some fresh air.
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Total Transactions
3
Average Price
S2.4M
Total Value
S7.2M
Calculating fair value from URA transaction data…


License: L3008022J
Automated Valuation based on 1782 URA transactions · 5 outliers removed (IQR)
Fair Value
S$178,685
S$2,234 psf
Asking Price
S$1,450
S$19 psf
vs Market
-99.2%
Confidence
High
1782 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1782 comparable transactions
S$2,234
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$2,234
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | DAKOTA CRESCENT | 1,023 | S$2,050,000 | S$2,005 |
| 2025-08 | FORT ROAD | 1,173 | S$1,880,000 | S$1,602 |
| 2025-08 | MEYER ROAD | 1,722 | S$5,270,000 | S$3,060 |
| 2025-08 | MEYER PLACE | 1,152 | S$2,670,000 | S$2,318 |
| 2025-08 | MEYER ROAD | 2,110 | S$5,280,000 | S$2,503 |
Showing 5 most recent transactions from 1782 total comparables used in valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.