Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 16 SIME ROAD

ML Indicative Values

ML Indicative Value: $17,902,500 [ (2,723 psf * 5,583 sqft) + $2,700,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $6,902,500
Net Indicative Capital Gain Today: $4,202,500
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $11,000,000
PSF $1,970
Last Transaction 24-May-2024

Property Details

Land Area5,583 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeDetached House

Location

Postal Code288299
District11
Area NameLORNIE WALK

Planning Info

Planning AreaNovena
Planning RegionCentral Region
Planning SubzoneMount Pleasant

Land Registry

Mukim NumberMK17-09729T
Balance Lease999 Years
House TypeDetached House

Regulatory

BCA InformationModification After Sale
BCA Total Cost $2,700,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 24-May-2007 $4,970,000 $890 5,583 New Sale Detached House URA
2 21-Oct-2009 $6,480,000 $1,161 5,583 Resale Detached House URA
3 18-Dec-2017 $8,560,000 $1,533 5,583 Resale Detached House URA
4 24-May-2024 $11,000,000 $1,970 5,583 Resale Detached House URA
No. Transaction Date Purchased Price PSF Area (Sqft) Source
1 24-May-2024 $11,000,000 1,970.20 5,119 Others

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeDetached House
TenureFreehold
Area5,583 sqft
24-May-2007

New Sale

Purchased Price$4,970,000
PSF$890
Area5,583 sqft
21-Oct-2009

Resale

Purchased Price$6,480,000
PSF$1,161
Area5,583 sqft
18-Dec-2017

Resale

Purchased Price$8,560,000
PSF$1,533
Area5,583 sqft
24-May-2024

Resale

Purchased Price$11,000,000
PSF$1,970
Area5,583 sqft
21-Jan-2025

Planning Decision

SubmissionPROPOSED RECONSTRUCTION TO 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH AN ATTIC AND A SWIMMING POOL
Decision Date21-Jan-2025
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP111124-12I2-Z000
01-Aug-2025

Permits to Commence Structural Works

Date01-Aug-2025
DescriptionPROPOSED RECONSTRUCTION TO 2-STOREY ENVELOPE CONTROL DETACHED DWELLING HOUSE WITH AN ATTIC AND A SWIMMING POOL ON LOT 09729T MK17 AT 16 SIME ROAD ON LOT 09729T MK17 AT 16 SIME ROAD
Cost $2,700,000 16MONTH(S)
BuilderTS ONG CONSTRUCTION PTE LTD
ArchitectTOH KIM YEN KIMBERLY
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Detached House
Tenure: Freehold
Latest Contract Date: 24-May-2024
Area: 5,583 Sqft
$11,000,000 $1,970
Price Index $2,723 $2,723
House Adjustment 0
BCA Cost $2,700,000
ML Indicative Valuation $17,902,500
Gross Indicative Capital Gain Today $6,902,500

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 Raffles Girls' Primary School Bukit Timah 21 Hillcrest Road, S289072 1.6km Not Applicable Not Applicable Not Applicable 10 32.0% 31 0
2 Singapore Chinese Girls' Primary School Novena 190 Dunearn Road, S309437 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
12C SIME ROAD 4,274 $8,180,000 ($1,914 Psf) 22-Oct-2024 $9,872,940 ($2,310 Psf) Yes / Modification After Sale 0 View
16 SIME ROAD 5,583 $11,000,000 ($1,970 Psf) 24-May-2024 $17,902,509 ($2,723 Psf) Yes / Modification After Sale 2,700,000 View
12D SIME ROAD 4,790 $9,000,000 ($1,879 Psf) 14-Aug-2023 $12,657,020 ($2,538 Psf) Yes / Modification Before Sale 500,000 View
12E SIME ROAD 4,625 $5,450,000 ($1,178 Psf) 08-Mar-2021 $14,040,421 ($2,539 Psf) Yes / Modification After Sale 2,297,546 View
12B SIME ROAD 3,945 $5,900,000 ($1,496 Psf) 25-Jul-2018 $10,209,660 ($2,588 Psf) N.A / N.A 0 View
12 SIME ROAD 6,515 $7,600,000 ($1,167 Psf) 07-Dec-2009 $16,268,365 ($2,391 Psf) Yes / Modification Before Sale 691,000 View
10 SIME ROAD 5,807 $6,500,000 ($1,119 Psf) 30-Jul-2009 $15,069,165 ($2,595 Psf) Yes / Modification Before Sale 0 View
18 SIME ROAD 5,052 $6,250,000 ($1,237 Psf) 01-Nov-2007 $14,211,276 ($2,813 Psf) Yes / Modification Before Sale 0 View
14 SIME ROAD 5,543 $4,700,000 ($848 Psf) 24-May-2007 $15,110,218 ($2,726 Psf) Yes / Modification After Sale 0 View
20 SIME ROAD 5,463 $4,530,000 ($829 Psf) 21-May-2007 $14,908,527 ($2,729 Psf) Yes / Modification After Sale 0 View
Showing 1–10 of 19 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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