Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 8 JALAN CHERMAI

ML Indicative Values

ML Indicative Value: $7,732,000 [ (2,134 psf * 3,246 sqft) + $805,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $2,543,100
Net Indicative Capital Gain Today: $1,738,100
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $5,188,888
PSF $1,598
Last Transaction 28-Feb-2023

Property Details

Land Area3,246 sqft (Area from ura.gov.sg)
Tenure999 yrs from 01/01/1879
Property TypeTerrace House

Location

Postal Code809319
District28
Area NameSELETAR CLOSE

Planning Info

Planning AreaSerangoon
Planning RegionNorth East Region
Planning SubzoneSeletar Hills

Land Registry

Mukim NumberMK18-01974W
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost $805,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 02-Dec-2010 $1,880,000 $579 3,246 Resale Terrace House URA
2 03-Feb-2017 $3,398,888 $1,047 3,246 Resale Terrace House URA
3 28-Feb-2023 $5,188,888 $1,598 3,246 Resale Terrace House URA
No. Transaction Date Purchased Price PSF Area (Sqft) Source
1 28-Feb-2023 $5,189,000 1,598.00 3,247 Others

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeTerrace House
Tenure999 yrs from 01/01/1879
Area3,246 sqft
02-Dec-2010

Resale

Purchased Price$1,880,000
PSF$579
Area3,246 sqft
01-May-2011

Permits to Commence Structural Works

Date01-May-2011
DescriptionERECTN OF 2 STY CORNER TERR HSE WT ATTIC ON LOT 1974W MK18 @ 8 JALAN CHERMAI
Cost Less than S$10m
BuilderWUXING CONSTRUCTION PTE LTD
ArchitectXCUBE ARCHITECTS
15-Sep-2011

Planning Decision

SubmissionPROPOSED ERECTION OF 2-STOREY CORNER TERRACE DWELLING HOUSE WITH AN ATTIC
Decision Date15-Sep-2011
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP230211-02E2-Z000
18-Apr-2012

Planning Decision

SubmissionPROPOSED AMENDMENT TO APPROVED ERECTION OF 2-STOREY CORNER TERRACE DWELLING HOUSE WITH ATTIC (DELETION OF THE SWIMMING POOL)
Decision Date18-Apr-2012
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP230211-02E2-A012
03-Feb-2017

Resale

Purchased Price$3,398,888
PSF$1,047
Area3,246 sqft
28-Feb-2023

Resale

Purchased Price$5,188,888
PSF$1,598
Area3,246 sqft
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: 999 yrs from 01/01/1879
Latest Contract Date: 28-Feb-2023
Area: 3,246 Sqft
$5,188,888 $1,598
Price Index $2,134 $2,134
House Adjustment 0
BCA Cost $805,000
ML Indicative Valuation $7,732,000
Gross Indicative Capital Gain Today $2,543,112

Nearby MRT / Train Stations

Loading nearby MRT stations…
Predictive Vacancy for 2026
# School Name Area Address Distance 2C 2C (%) Registration(2C) 2CS 2CS (%) Registration(2CS) Phase 3
1 Fernvale Primary School Seng Kang 1 Fernvale Lane, S797701 457m 148 100.0% 85 Not Applicable Not Applicable Not Applicable 36
2 Sengkang Green Primary School Seng Kang 15 Fernvale Road, S797636 784m 46 69.0% 67 Not Applicable Not Applicable Not Applicable 0
3 Hougang Primary School Hougang 1 Hougang St 93, S534238 1.3km Not Applicable Not Applicable Not Applicable 9 41.0% 22 0
4 Fern Green Primary School Seng Kang 70 Fernvale Link, S797538 1.5km Not Applicable Not Applicable Not Applicable 56 100.0% 40 44
5 Rosyth School Serangoon 21 Serangoon North Avenue 4, S555855 1.5km Not Applicable Not Applicable Not Applicable 0 0% 0 0
6 Anchor Green Primary School Seng Kang 31 Anchorvale Drive, S544969 1.7km Not Applicable Not Applicable Not Applicable 124 100.0% 55 64
7 Yio Chu Kang Primary School Hougang 1 Hougang Street 51, S538720 1.7km Not Applicable Not Applicable Not Applicable 98 100.0% 28 49
8 Xinmin Primary School Hougang 9 Hougang Avenue 8, S538784 1.9km Not Applicable Not Applicable Not Applicable 0 0% 0 0
9 Palm View Primary School Seng Kang 150 Compassvale Bow, S544822 2.0km Not Applicable Not Applicable Not Applicable 52 100.0% 23 15
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 JALAN CHERMAI 2,533 $4,180,000 ($1,650 Psf) 05-Jul-2024 $6,545,210 ($2,370 Psf) N.A / Modification Before Sale 542,000 View
8 JALAN CHERMAI 3,246 $5,188,888 ($1,599 Psf) 28-Feb-2023 $7,731,964 ($2,134 Psf) Yes / Modification Before Sale 805,000 View
17 JALAN CHERMAI 2,311 $3,830,000 ($1,657 Psf) 18-May-2021 $7,068,686 ($2,626 Psf) Yes / Modification Before Sale 1,000,000 View
3 JALAN CHERMAI 2,567 $2,880,000 ($1,122 Psf) 12-Nov-2019 $5,660,235 ($2,205 Psf) N.A / N.A 0 View
1A JALAN CHERMAI 2,556 $2,650,000 ($1,037 Psf) 12-Jan-2018 $6,331,212 ($2,477 Psf) Yes / Modification Before Sale 0 View
23 JALAN CHERMAI 2,721 $2,722,323 ($1,000 Psf) 26-Jul-2017 $6,650,124 ($2,444 Psf) Yes / Modification Before Sale 0 View
6 JALAN CHERMAI 2,165 $2,850,000 ($1,316 Psf) 19-Jan-2015 $6,252,795 ($2,623 Psf) Yes / Modification Before Sale 574,000 View
11 JALAN CHERMAI 3,639 $2,650,000 ($728 Psf) 27-Jan-2011 $7,674,494 ($1,946 Psf) Yes / Modification Before Sale 593,000 View
15 JALAN CHERMAI 3,564 $2,450,000 ($687 Psf) 13-Jan-2011 $7,171,004 ($1,961 Psf) Yes / Modification Before Sale 182,000 View
7 JALAN CHERMAI 2,500 $1,350,000 ($540 Psf) 15-Sep-2009 $5,610,000 ($2,244 Psf) N.A / N.A 0 View
Showing 1–10 of 21 entries
Page 1 / 3
Asking Price vs ML Valuation

Asking Price vs ML Valuation Map

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