Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 2 THRIFT DRIVE

ML Indicative Values

ML Indicative Value: $7,528,900 [ (2,714 psf * 2,483 sqft) + $790,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $4,568,900
Net Indicative Capital Gain Today: $3,778,900
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $2,960,000
PSF $1,192
Last Transaction 14-Nov-2019

Property Details

Land Area2,483 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeSemi-Detached House

Location

Postal Code535010
District19
Area NameTAI KENG

Planning Info

Planning AreaHougang
Planning RegionNorth East Region
Planning SubzoneTai Seng

Land Registry

Mukim NumberMK23-07549A
Balance Lease999 Years
House TypeSemi-Detached House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost $790,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 10-Mar-2017 $3,500,000 $753 4,647 Resale Detached House URA
2 14-Nov-2019 $2,960,000 $1,192 2,483 Resale Semi-Detached House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeSemi-Detached House
TenureFreehold
Area2,483 sqft
10-Mar-2017

Resale

Purchased Price$3,500,000
PSF$753
Area4,647 sqft
14-Jun-2017

Planning Decision

SubmissionPROPOSED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG AREA)
Decision Date14-Jun-2017
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP290317-10A2-Z000
01-Jul-2017

Permits to Commence Structural Works

Date01-Jul-2017
DescriptionPROPOSED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG PLANNING AREA ON LOT 02113M MK23 AT 2 THRIFT DRIVE
Cost $158,000 2MONTH(S)
BuilderHLBC PTE LTD
ArchitectPOH MEOW CHIA
20-Jul-2017

Planning Decision

SubmissionREGULARISATION OF GROSS FLOOR AREA AND AMENDMENT TO THE APPROVED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG PLANNING AREA)
Decision Date20-Jul-2017
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP290317-10A2-A011
01-Aug-2017

Permits to Commence Structural Works

Date01-Aug-2017
DescriptionPROPOSED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG PLANNING AREA ON LOT 02113M MK23 AT 2 THRIFT DRIVE
Cost $1,580,000 15MONTH(S)
Builder
ArchitectPOH MEOW CHIA
01-Sep-2017

Permits to Commence Structural Works

Date01-Sep-2017
DescriptionPROPOSED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG PLANNING AREA ON LOT 02113M MK23 AT 2 THRIFT DRIVE
Cost $1,580,000 15MONTH(S)
Builder
ArchitectPOH MEOW CHIA
01-May-2018

Permits to Commence Structural Works

Date01-May-2018
DescriptionPROPOSED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG PLANNING AREA ON LOT 02113M MK23 AT 2 THRIFT DRIVE
Cost $1,580,000 1MONTH(S)
BuilderHLBC PTE LTD
ArchitectPOH MEOW CHIA
01-May-2018

Permits to Commence Structural Works

Date01-May-2018
DescriptionPROPOSED ERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL MK 23 ON LOT 02113M AT 2 THRIFT DRIVE (HOUGANG PLANNING AREA ON LOT 02113M MK23 AT 2 THRIFT DRIVE
Cost $1,580,000 1MONTH(S)
BuilderHLBC PTE LTD
ArchitectPOH MEOW CHIA
16-May-2018

Planning Decision

SubmissionSUBDIVISION OF LAND INTO 2 PLOTS
Decision Date16-May-2018
Decision TypeWritten Permission
Apply TypeSubdivision of Land
Decision NoP170418-02C1-Z000
29-May-2019

Temporary Occupation Permits Issued

CSC No201967212
Date29-May-2019
DescriptionERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL ON LOT 02113M MK23 AT 2 THRIFT DRIVE
Floor Area730.12
Cost $1,580,000
ArchitectPOH MEOW CHIA
14-Nov-2019

Resale

Purchased Price$2,960,000
PSF$1,192
Area2,483 sqft
25-Nov-2019

Certificates Of Statutory Completion

CSC No201969490
Date25-Nov-2019
DescriptionERECTION OF A PAIR OF 2-STOREY ENVELOPE CONTROL SEMI-DETACHED DWELLING HOUSES EACH WITH AN ATTIC AND ONE UNIT WITH A SUNKEN SWIMMING POOL ON LOT 02113M MK 23 AT 2 THRIFT DRIVE
Floor Area730
Cost $1,580,000
ArchitectPOH MEOW CHIA
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Semi-Detached House
Tenure: Freehold
Latest Contract Date: 14-Nov-2019
Area: 2,483 Sqft
$2,960,000 $1,192
Price Index $2,714 $2,714
House Adjustment 0
BCA Cost $790,000
ML Indicative Valuation $7,528,900
Gross Indicative Capital Gain Today $4,568,900

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 Paya Lebar Methodist Girls' School (Primary) Hougang 298 Lorong Ah Soo, S536741 896m 97 94.0% 103 Not Applicable Not Applicable Not Applicable 0
2 Cedar Primary School Toa Payoh 15 Cedar Avenue, S349700 1.3km Not Applicable Not Applicable Not Applicable 94 80.0% 117 68
3 Xinghua Primary School Hougang 45 Hougang Avenue 1, S538882 1.8km Not Applicable Not Applicable Not Applicable 105 100.0% 29 60
4 Canossa Catholic Primary School Geylang 1 Sallim Road, S387621 1.9km Not Applicable Not Applicable Not Applicable 30 68.0% 44 16
5 Yangzheng Primary School Serangoon 15 Serangoon Avenue 3, S556108 1.9km 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
51 THRIFT DRIVE 2,288 $3,618,000 ($1,581 Psf) 13-Jul-2022 $7,175,312 ($2,699 Psf) Yes / Modification After Sale 1,000,000 View
33 THRIFT DRIVE 1,649 $3,050,000 ($1,850 Psf) 24-Jun-2022 $4,968,100 ($2,900 Psf) N.A / Modification Before Sale 186,000 View
28 THRIFT DRIVE 1,650 $1,800,000 ($1,091 Psf) 05-Apr-2021 $4,771,800 ($2,892 Psf) N.A / N.A 0 View
13 THRIFT DRIVE 1,880 $2,230,000 ($1,186 Psf) 21-Oct-2020 $4,998,920 ($2,659 Psf) N.A / N.A 0 View
2 THRIFT DRIVE 2,483 $2,960,000 ($1,192 Psf) 14-Nov-2019 $7,528,862 ($2,714 Psf) Yes / Modification Before Sale 790,000 View
2A THRIFT DRIVE 2,164 $3,200,000 ($1,479 Psf) 08-Oct-2019 $6,903,300 ($2,825 Psf) Yes / Modification Before Sale 790,000 View
9 THRIFT DRIVE 1,880 $2,700,000 ($1,436 Psf) 29-Apr-2019 $4,998,920 ($2,659 Psf) N.A / N.A 0 View
25 THRIFT DRIVE 1,880 $2,400,000 ($1,277 Psf) 28-May-2018 $5,291,400 ($2,655 Psf) Yes / Modification After Sale 300,000 View
35 THRIFT DRIVE 1,649 $2,080,000 ($1,261 Psf) 02-Feb-2018 $4,735,723 ($2,827 Psf) Yes / Modification Before Sale 74,000 View
37 THRIFT DRIVE 1,649 $1,980,000 ($1,201 Psf) 23-Aug-2017 $5,061,723 ($2,827 Psf) Yes / Modification After Sale 400,000 View
Showing 1–10 of 45 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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