Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 3 MERAGI CLOSE

ML Indicative Values

ML Indicative Value: $6,195,100 [ (2,518 psf * 2,199 sqft) + $658,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $3,895,100
Net Indicative Capital Gain Today: $3,237,100
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $2,300,000
PSF $1,046
Last Transaction 02-Jun-2014

Property Details

Land Area2,199 sqft (Area from ura.gov.sg)
Tenure999 Yrs From 06/07/1885
Property TypeTerrace House

Location

Postal Code487965
District16
Area NameMERAGI

Planning Info

Planning AreaTampines
Planning RegionEast Region
Planning SubzoneSimei

Land Registry

Mukim NumberMK28-03524C
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification After Sale
BCA Total Cost $658,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 02-Jun-2014 $2,300,000 $1,046 2,199 Resale Terrace House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeTerrace House
Tenure999 Yrs From 06/07/1885
Area2,199 sqft
02-Jun-2014

Resale

Purchased Price$2,300,000
PSF$1,046
Area2,199 sqft
01-Oct-2014

Permits to Commence Structural Works

Date01-Oct-2014
DescriptionRECONSTRN EXTG 2 STY INTERMEDIATE TERR DWELLG HSE TO A NEW 3 STY TER WT AN ATTIC & ROOF GDN ON LOT 3524C MK28 @ 3 MERAGI CLOSE
Cost Less than S$10m
BuilderCONSTRUCTION JUNCTION PTE LTD
ArchitectMYA DESIGNS
16-Mar-2015

Planning Decision

SubmissionPROPOSED RECONSTRUCTION OF THE EXISTING 2-STOREY INTERMEDIATE TERRACE DWELLING HOUSE TO A 3-STOREY INTERMEDIATE TERRACE DWELLING HOUSE WITH AN ATTIC AND OPEN ROOF GARDEN ON LOT 03524C MK 28 AT 3 MERAGI CLOSE S 487965
Decision Date16-Mar-2015
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP040814-15B2-Z000
08-Jan-2016

Planning Decision

SubmissionPROPOSED RECONSTRUCTION OF THE EXISTING 2-STOREY INTERMEDIATE TERRACE DWELLING HOUSE TO A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH AN ATTIC ON LOT 03524C MK 28 AT 3 MERAGI CLOSE
Decision Date08-Jan-2016
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP150615-03J3-Z000
08-Aug-2016

Temporary Occupation Permits Issued

CSC No201653107
Date08-Aug-2016
DescriptionRECONSTRUCTION TO THE EXISTING 2-STOREY INTERMEDIATE TERRACE DWELLING HOUSE TO A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH AN ATTIC ON LOT 03524C MK 28 AT 3 MERAGI CLOSE
Floor Area489.63
Cost $1,100,000
ArchitectLIM MENG YI
08-Aug-2016

Temporary Occupation Permits Issued

CSC No201653107
Date08-Aug-2016
DescriptionRECONSTRUCTION TO THE EXISTING 2-STOREY INTERMEDIATE TERRACE DWELLING HOUSE TO A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH AN ATTIC ON LOT 03524C MK 28 AT 3 MERAGI CLOSE
Floor Area489.63
Cost $1,100,000
ArchitectLIM MENG YI
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: 999 Yrs From 06/07/1885
Latest Contract Date: 02-Jun-2014
Area: 2,199 Sqft
$2,300,000 $1,046
Price Index $2,518 $2,518
House Adjustment 0
BCA Cost $658,000
ML Indicative Valuation $6,195,100
Gross Indicative Capital Gain Today $3,895,100

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 Changkat Primary School Tampines 11 Simei St 3, S529896 894m 210 100.0% 40 Not Applicable Not Applicable Not Applicable 148
2 East Spring Primary School Tampines 31 Tampines St 33, S529258 1.2km Not Applicable Not Applicable Not Applicable 106 100.0% 15 80
3 Chongzheng Primary School Tampines 1 Tampines Street 21, S529392 1.3km Not Applicable Not Applicable Not Applicable 26 96.0% 27 0
4 Yumin Primary School Tampines 3 Tampines Street 21, S529393 1.4km Not Applicable Not Applicable Not Applicable 173 100.0% 33 101
5 Tampines Primary School Tampines 250 Tampines Street 12, S529426 1.9km Not Applicable Not Applicable Not Applicable 59 51.0% 115 0
6 Gongshang Primary School Tampines 1 Tampines Street 42, S529176 2.1km Not Applicable Not Applicable Not Applicable 0 0% 0 0
Legal Requisition for this house
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
5 MERAGI CLOSE 2,200 $4,300,000 ($1,955 Psf) 20-May-2026 $5,539,600 ($2,518 Psf) Yes / Modification After Sale 0 View
19 MERAGI CLOSE 2,129 $2,900,000 ($1,362 Psf) 09-Jan-2023 $5,358,693 ($2,517 Psf) Yes / Modification Before Sale 0 View
26 MERAGI CLOSE 3,566 $4,380,000 ($1,228 Psf) 28-Oct-2021 $8,021,454 ($1,969 Psf) Yes / Modification After Sale 1,000,000 View
21 MERAGI CLOSE 2,742 $2,380,000 ($868 Psf) 03-Oct-2017 $7,128,864 ($2,392 Psf) Yes / Modification After Sale 570,000 View
20 MERAGI CLOSE 2,993 $2,900,000 ($969 Psf) 06-Jun-2017 $8,889,186 ($2,402 Psf) Yes / Modification After Sale 1,700,000 View
3 MERAGI CLOSE 2,199 $2,300,000 ($1,046 Psf) 02-Jun-2014 $6,195,082 ($2,518 Psf) Yes / Modification After Sale 658,000 View
1 MERAGI CLOSE 1,707 $2,300,000 ($1,347 Psf) 19-Apr-2012 $4,853,001 ($2,843 Psf) Yes / Modification Before Sale 0 View
8 MERAGI CLOSE 2,810 $2,250,000 ($801 Psf) 29-Aug-2011 $7,193,950 ($2,295 Psf) Yes / Modification After Sale 745,000 View
17 MERAGI CLOSE 2,202 $1,150,000 ($522 Psf) 30-Jun-2009 $6,053,636 ($2,518 Psf) Yes / Modification After Sale 509,000 View
4 MERAGI CLOSE 2,550 $1,350,000 ($529 Psf) 24-Apr-2007 $5,722,200 ($2,244 Psf) N.A / N.A 0 View
Showing 1–10 of 25 entries
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Asking Price vs ML Valuation

Asking Price vs ML Valuation Map

Asking Price above ML (overpriced) Asking Price at/below ML
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