Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 16 SIMON LANE

ML Indicative Values

ML Indicative Value: $5,699,000 [ (2,915 psf * 1,612 sqft) + $1,000,000 BCA Capital Expenditure ]

Gross Indicative Capital Gain Today: $2,619,000

Net Indicative Capital Gain Today: $1,619,000

No listing data available.

Probable Settlement Price

Transaction Info

Transaction Amount $3,080,000

PSF $1,910

Last Transaction 29-Mar-2023

Property Details

Land Area1,612 sqft (Area from ura.gov.sg)

TenureFreehold

Property TypeTerrace House

Location

Postal Code546041

District19

Area NameKANG CHOO BIN

Planning Info

Planning AreaHougang

Planning RegionNorth East Region

Planning SubzoneKovan

Land Registry

Mukim NumberMK22-98241P

Balance Lease999 Years

House TypeTerrace House

Regulatory

BCA InformationModification After Sale

BCA Total Cost $1,000,000

Planning DecisionYES

Past Sale Transactions

No.	Transaction Date	Purchased Price	PSF	Area (Sqft)	Sale Type	House Type	Source
1	29-Mar-2023	$3,080,000	$1,910	1,612	Resale	Terrace House	URA

No.	Transaction Date	Purchased Price	PSF	Area (Sqft)	Source
1	29-Mar-2023	$3,080,000	1,909.00	1,613	Others

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House Type	Terrace House
Tenure	Freehold
Area	1,612 sqft

29-Mar-2023

Resale

Purchased Price	$3,080,000
PSF	$1,910
Area	1,612 sqft

01-Mar-2024

Permits to Commence Structural Works

Date	01-Mar-2024
Description	PROPOSED NEW ERECTION OF 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH ATTIC ON LOT 98241P MK 22 AT 16 SIMON LANE (HOUGANG PLANNING AREA) ON LOT 98241P MK22 AT 16 SIMON LANE
Cost	$1,000,000 12MONTH(S)
Builder	ASHLEY BUILDING SERVICES (S) PTE LTD
Architect	YU AIK CHEAN

20-Mar-2024

Planning Decision

Submission	PROPOSED NEW ERECTION OF 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH ATTIC ON LOT 98241P MK 22 AT 16 SIMON LANE (HOUGANG PLANNING AREA)
Decision Date	20-Mar-2024
Decision Type	Written Permission
Apply Type	New Erection
Decision No	P051223-11J2-Z000

15-May-2025

Temporary Occupation Permits Issued

CSC No	202594480
Date	15-May-2025
Description	NEW ERECTION OF 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH ATTIC ON LOT 98241P MK 22 AT 16 SIMON LANE (HOUGANG PLANNING AREA)
Floor Area	0
Cost	$0
Architect	YU AIK CHEAN

Today

Today's ML Valuation

Live

Description	Price	PSF
Type: Terrace House Tenure: Freehold Latest Contract Date: 29-Mar-2023 Area: 1,612 Sqft	$3,080,000	$1,910
Price Index	$2,915	$2,915
House Adjustment	0	$2,915
BCA Cost	$1,000,000
ML Indicative Valuation	$5,699,000
Gross Indicative Capital Gain Today	$2,619,000

Nearby MRT / Train Stations

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Predictive Vacancy for 2026
#	School Name	Area	Address	Distance	2C	2C (%)	Registration(2C)	2CS	2CS (%)	Registration(2CS)	Phase 3
1	Xinghua Primary School	Hougang	45 Hougang Avenue 1, S538882	892m	140	100.0%	40	Not Applicable	Not Applicable	Not Applicable	60
2	Xinmin Primary School	Hougang	9 Hougang Avenue 8, S538784	926m	50	61.0%	82	Not Applicable	Not Applicable	Not Applicable	0
3	Holy Innocents' Primary School	Hougang	5 Lorong Low Koon, S536451	980m	43	44.0%	97	Not Applicable	Not Applicable	Not Applicable	0
4	Montfort Junior School	Hougang	52 Hougang Avenue 8, S538786	1.2km	Not Applicable	Not Applicable	Not Applicable	104	100.0%	22	74
5	Paya Lebar Methodist Girls' School (Primary)	Hougang	298 Lorong Ah Soo, S536741	1.4km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0
6	Rosyth School	Serangoon	21 Serangoon North Avenue 4, S555855	1.5km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0
7	Yio Chu Kang Primary School	Hougang	1 Hougang Street 51, S538720	1.6km	Not Applicable	Not Applicable	Not Applicable	98	100.0%	28	49
8	Hougang Primary School	Hougang	1 Hougang St 93, S534238	1.6km	Not Applicable	Not Applicable	Not Applicable	9	41.0%	22	0
9	Zhonghua Primary School	Serangoon	12 Serangoon Avenue 4, S556095	1.7km	Not Applicable	Not Applicable	Not Applicable	103	100.0%	24	74
10	Punggol Primary School	Hougang	61 Hougang Avenue 8, S538787	2.0km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0

Legal Requisition for this house

Legal Requisition

No file found.

Road Line Plan

No file found.

Drainage Plan

No file found.

Railway Protection Plan

No file found.

Sewerage Information Plan

No file found.

Water Service Plan

No file found.

Legal Requisition Along the street

No properties found on this street.

Machine Learning Valuation Price

Street ML Valuations Map

ML = Machine Learning Valuation

Street Transactions & Valuations

Address	Sqft	Purchased Price	Transaction Date	Valuation Price	Planning Decisions/BCA	BCA Cost	View
36 SIMON LANE	1,602	$6,280,000 ($3,920 Psf)	17-Jul-2026	$8,370,478 ($4,039 Psf)	Yes / Modification After Sale	1,900,000	View
32 SIMON LANE	1,596	$5,400,000 ($3,383 Psf)	28-Jul-2023	$6,033,212 ($2,997 Psf)	Yes / Modification Before Sale	1,250,000	View
16 SIMON LANE	1,612	$3,080,000 ($1,911 Psf)	29-Mar-2023	$5,698,980 ($2,915 Psf)	Yes / Modification After Sale	1,000,000	View
22 SIMON LANE	1,611	$4,200,000 ($2,607 Psf)	05-Aug-2022	$5,696,065 ($2,915 Psf)	Yes / Modification Before Sale	1,000,000	View
18 SIMON LANE	1,601	$2,300,000 ($1,437 Psf)	11-Dec-2019	$5,078,541 ($2,941 Psf)	Yes / Modification Before Sale	370,000	View
34 SIMON LANE	1,597	$1,698,000 ($1,063 Psf)	14-Jan-2019	$6,206,209 ($2,997 Psf)	Yes / Modification After Sale	1,420,000	View
1 SIMON LANE	3,194	$3,160,000 ($989 Psf)	10-Aug-2016	$7,173,724 ($2,246 Psf)	Yes / Modification Before Sale	0	View
9 SIMON LANE	7,809	$3,250,000 ($416 Psf)	25-May-2007	$13,642,592 ($1,688 Psf)	Yes / Modification Before Sale	461,000	View
38 SIMON LANE	1,959	$590,000 ($301 Psf)	03-Jan-2007	$5,351,867 ($2,613 Psf)	Yes / Modification After Sale	233,000	View
14 SIMON LANE	1,891	$800,000 ($423 Psf)	17-Aug-2005	$5,104,117 ($2,687 Psf)	N.A / Modification Before Sale	23,000	View
26 SIMON LANE	1,594	$645,000 ($405 Psf)	13-Oct-2003	$4,327,710 ($2,715 Psf)	N.A / N.A	0	View
24 SIMON LANE	1,592	$618,000 ($388 Psf)	06-Feb-2002	$4,322,280 ($2,715 Psf)	N.A / N.A	0	View
10 SIMON LANE	10,296	$4,468,464 ($434 Psf)	No Tran Since 1995	$14,826,240 ($1,440 Psf)	N.A / N.A	0	View
10A SIMON LANE	10,296	$4,468,464 ($434 Psf)	No Tran Since 1995	$14,826,240 ($1,440 Psf)	N.A / N.A	0	View
10B SIMON LANE	10,296	$4,468,464 ($434 Psf)	No Tran Since 1995	$14,826,240 ($1,440 Psf)	N.A / N.A	0	View
10C SIMON LANE	10,296	$4,468,464 ($434 Psf)	No Tran Since 1995	$14,826,240 ($1,440 Psf)	N.A / N.A	0	View
11 SIMON LANE	3,656	$1,586,704 ($434 Psf)	No Tran Since 1995	$6,690,480 ($1,830 Psf)	N.A / N.A	0	View
11A SIMON LANE	3,769	$1,635,746 ($434 Psf)	No Tran Since 1995	$6,870,887 ($1,823 Psf)	N.A / N.A	0	View
13 SIMON LANE	8,951	$3,884,734 ($434 Psf)	No Tran Since 1995	$15,396,210 ($1,710 Psf)	Yes / Modification After Sale	90,000	View
15 SIMON LANE	13,584	$5,895,456 ($434 Psf)	No Tran Since 1995	$23,074,128 ($1,692 Psf)	Yes / Modification After Sale	90,000	View
1A SIMON LANE	2,345	$1,017,730 ($434 Psf)	No Tran Since 1995	$5,874,225 ($2,505 Psf)	Yes / Modification After Sale	0	View
1B SIMON LANE	3,164	$1,373,176 ($434 Psf)	No Tran Since 1995	$7,137,984 ($2,256 Psf)	Yes / Modification After Sale	0	View
20 SIMON LANE	1,599	$693,966 ($434 Psf)	No Tran Since 1995	$6,245,832 ($2,968 Psf)	Yes / Modification After Sale	1,500,000	View
28 SIMON LANE	1,594	$691,796 ($434 Psf)	No Tran Since 1995	$4,743,744 ($2,976 Psf)	Yes / Modification After Sale	0	View
3 SIMON LANE	3,934	$1,707,356 ($434 Psf)	No Tran Since 1995	$7,108,738 ($1,807 Psf)	N.A / N.A	0	View
30 SIMON LANE	1,608	$697,872 ($434 Psf)	No Tran Since 1995	$5,118,480 ($2,935 Psf)	Yes / Modification After Sale	399,000	View
3A SIMON LANE	3,886	$1,686,524 ($434 Psf)	No Tran Since 1995	$7,014,230 ($1,805 Psf)	N.A / N.A	0	View
5 SIMON LANE	13,504	$5,860,736 ($434 Psf)	No Tran Since 1995	$22,551,680 ($1,670 Psf)	N.A / N.A	0	View

Showing 1–10 of 28 entries

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Disclaimer The property insights and predictions provided on this website are based on publicly available data sourced from public domains, data silos collated, third-party listing portals and processed using proprietary artificial intelligence (AI) technology. If your property appears on our website and it is not intended for sale, or included in error, please contact us immediately. Upon verification, we will take immediate steps to remove the said property from our platform.