Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 18 PENNEFATHER ROAD

ML Indicative Values

ML Indicative Value: $8,257,600 [ (2,703 psf * 2,759 sqft) + $800,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $5,197,600
Net Indicative Capital Gain Today: $4,397,600
Asking Price
$6,200,000
Asking PSF: $2,248
Basic
Listing TypeSingle-Agent Listing
Posted Times55 time(s)
First Posted09-Jan-2024
Last Posted06-Aug-2025
Agent Vernon Teo (R005310H)
AgencySTEVE TAY REAL ESTATE PTE. LTD.
Time On Market
2 years 9 months 18 days · Based on first posted date
View Listing Details
Probable Settlement Price
$7,228,789

Transaction Info

Transaction Amount $3,060,000
PSF $1,109
Last Transaction 20-Jun-2012

Property Details

Land Area2,759 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code424442
District15
Area NameJOO CHIAT NORTH

Planning Info

Planning AreaMarine Parade
Planning RegionCentral Region
Planning SubzoneKatong

Land Registry

Mukim NumberMK26-06237C
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost $800,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 15-Jul-2010 $2,000,000 $725 2,759 Resale Terrace House URA
2 20-Jun-2012 $3,060,000 $1,109 2,759 Resale Terrace House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeTerrace House
TenureFreehold
Area2,759 sqft
15-Jul-2010

Resale

Purchased Price$2,000,000
PSF$725
Area2,759 sqft
01-Oct-2010

Permits to Commence Structural Works

Date01-Oct-2010
DescriptionRECONSTRN TO EXTG 2STY CORNER TERRACE HSE ON LOT 6237C MK26 @ 18 PENNEFATHER ROAD
Cost Less than S$10m
BuilderALOFT BUILDERS PTE LTD
ArchitectAPEX GROUP
03-Nov-2010

Planning Decision

SubmissionPROPOSED RECONSTRUCTION TO THE EXISTING 2-STOREY CORNER TERRACE DWELLING HOUSE
Decision Date03-Nov-2010
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP020910-32A2-Z000
20-Jun-2012

Resale

Purchased Price$3,060,000
PSF$1,109
Area2,759 sqft
02-Oct-2025

Planning Decision

SubmissionPROPOSED ADDITIONS & ALTERATIONS TO THE EXISTING 2-STOREY CORNER TERRACE DWELLING HOUSE (MARINE PARADE PLANNING AREA)
Decision Date02-Oct-2025
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP150925-29G1-Z000
01-Dec-2025

Permits to Commence Structural Works

Date01-Dec-2025
DescriptionPROPOSED ADDITIONS & ALTERATIONS TO THE EXISTING 2-STOREY CORNER TERRACE DWELLING HOUSE ON LOT 06237C MK 26 AT 18 PENNEFATHER ROAD ON LOT 06237C MK26 AT 18 PENNEFATHER ROAD
Cost $800,0008MONTH(S)
BuilderNJ RENOVATION & CONSTRUCTION PTE LTD
ArchitectGERALD TAY KOK CHONG
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 20-Jun-2012
Area: 2,759 Sqft
$3,060,000 $1,109
Price Index $2,703 $2,703
House Adjustment 0
BCA Cost $800,000
ML Indicative Valuation $8,257,600
Gross Indicative Capital Gain Today $5,197,600

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 Haig Girls' School Geylang 51 Koon Seng Road, S427072 391m 116 100.0% 106 Not Applicable Not Applicable Not Applicable 14
2 Tanjong Katong Primary School Marine Parade 10 Seraya Road, S437259 427m 60 64.0% 94 Not Applicable Not Applicable Not Applicable 0
3 CHIJ (Katong) Primary Bedok 17 Martia Road, S424821 1.2km Not Applicable Not Applicable Not Applicable 38 100.0% 15 54
4 Tao Nan School Marine Parade 49 Marine Crescent, S449761 1.3km Not Applicable Not Applicable Not Applicable 0 0% 0 0
5 Kong Hwa School Geylang 350 Guillemard Road, S399772 1.4km Not Applicable Not Applicable Not Applicable 0 0% 0 0
6 Ngee Ann Primary School Marine Parade 344 Marine Terrace, S449149 2.0km Not Applicable Not Applicable Not Applicable 23 68.0% 34 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
31 PENNEFATHER ROAD 3,465 $7,118,000 ($2,054 Psf) 28-Sep-2026 $7,127,505 ($2,057 Psf) N.A / N.A 0 View
9 PENNEFATHER ROAD 2,478 $4,200,000 ($1,695 Psf) 29-Apr-2024 $6,839,280 ($2,760 Psf) Yes / Modification Before Sale 0 View
18 PENNEFATHER ROAD 2,759 $3,060,000 ($1,109 Psf) 20-Jun-2012 $8,257,577 ($2,703 Psf) Yes / Modification Before Sale 800,000 View
38 PENNEFATHER ROAD 1,961 $2,100,000 ($1,071 Psf) 25-Oct-2010 $5,347,647 ($2,727 Psf) N.A / N.A 0 View
5 PENNEFATHER ROAD 1,869 $1,820,000 ($974 Psf) 03-May-2010 $5,156,571 ($2,759 Psf) Yes / Modification Before Sale 0 View
50 PENNEFATHER ROAD 2,411 $1,399,999 ($581 Psf) 11-May-2007 $7,056,997 ($2,927 Psf) Yes / Modification Before Sale 0 View
33 PENNEFATHER ROAD 2,021 $1,290,000 ($638 Psf) 26-Jan-2000 $5,307,146 ($2,626 Psf) N.A / N.A 0 View
30 PENNEFATHER ROAD 3,138 $1,551,688 ($494 Psf) 01-Sep-1999 $7,361,748 ($2,346 Psf) Yes / Modification After Sale 0 View
52 PENNEFATHER ROAD 2,910 $1,190,000 ($409 Psf) 15-Jan-1999 $7,819,170 ($2,687 Psf) Yes / Modification Before Sale 0 View
3 PENNEFATHER ROAD 1,884 $1,550,000 ($823 Psf) 13-Oct-1995 $5,229,984 ($2,776 Psf) Yes / Modification Before Sale 0 View
Showing 1–10 of 22 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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