Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 56 JOON HIANG ROAD

ML Indicative Values

ML Indicative Value: $5,692,300 [ (2,609 psf * 1,856 sqft) + $850,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $2,812,300
Net Indicative Capital Gain Today: $1,962,300
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $2,880,000
PSF $1,552
Last Transaction 11-Jan-2019

Property Details

Land Area1,856 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code548346
District19
Area NameRECREATION LANE

Planning Info

Planning AreaSerangoon
Planning RegionNorth East Region
Planning SubzoneSerangoon Central

Land Registry

Mukim NumberMK17-00875K
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification After Sale
BCA Total Cost $850,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 23-Aug-1996 $1,585,000 $854 1,856 Resale Terrace House URA
2 11-Jan-2019 $2,880,000 $1,552 1,856 Resale Terrace House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

16-Nov-1993

Planning Decision

SubmissionERECTION OF A 3-STOREY TERRACE DWELLING HOUSE AND RECONSTRUCTION OF THE EXISTING 2-STOREY TO A 3-STOREY TERRACE DWELLING HOUSE
Decision Date16-Nov-1993
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP290993-12I1-Z000
1995

Start of SLA Digital Journey

House TypeTerrace House
TenureFreehold
Area1,856 sqft
23-Aug-1996

Resale

Purchased Price$1,585,000
PSF$854
Area1,856 sqft
11-Jan-2019

Resale

Purchased Price$2,880,000
PSF$1,552
Area1,856 sqft
01-Nov-2019

Permits to Commence Structural Works

Date01-Nov-2019
DescriptionPROPOSED NEW ERECTION OF A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH ATTIC ON LOT 00875K MK 17 AT 56 JOON HIANG ROAD (SERANGOON PLANNING AREA) ON LOT 00875K MK17 AT 56 JOON HIANG ROAD
Cost $850,000 12MONTH(S)
Builder
ArchitectFREDDIE CHIA HO KHENG
06-Nov-2019

Planning Decision

SubmissionPROPOSED NEW ERECTION OF A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH ATTIC ON LOT 00875K MK 17 AT 56 JOON HIANG ROAD (SERANGOON PLANNING AREA)
Decision Date06-Nov-2019
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP020819-14Z2-Z000
05-Jun-2021

Certificates Of Statutory Completion

CSC No202175618
Date05-Jun-2021
DescriptionERECTION OF A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH ATTIC ON LOT 00875K MK 17 AT 56 JOON HIANG ROAD (SERANGOON PLANNING AREA)
Floor Area0
Cost $0
ArchitectFREDDIE CHIA HO KHENG
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 11-Jan-2019
Area: 1,856 Sqft
$2,880,000 $1,552
Price Index $2,609 $2,609
House Adjustment 0
BCA Cost $850,000
ML Indicative Valuation $5,692,300
Gross Indicative Capital Gain Today $2,812,300

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 Yangzheng Primary School Serangoon 15 Serangoon Avenue 3, S556108 895m 51 91.0% 56 Not Applicable Not Applicable Not Applicable 0
2 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 945m 118 100.0% 18 Not Applicable Not Applicable Not Applicable 74
3 Paya Lebar Methodist Girls' School (Primary) Hougang 298 Lorong Ah Soo, S536741 1.1km Not Applicable Not Applicable Not Applicable 0 0% 0 0
4 CHIJ Our Lady of Good Counsel Serangoon 2C Burghley Drive, S558979 1.3km Not Applicable Not Applicable Not Applicable 58 100.0% 30 18
5 St. Gabriel's Primary School Serangoon 220 Lorong Chuan, S556742 1.5km Not Applicable Not Applicable Not Applicable 16 48.0% 33 0
6 Xinghua Primary School Hougang 45 Hougang Avenue 1, S538882 1.8km Not Applicable Not Applicable Not Applicable 105 100.0% 29 60
7 Cedar Primary School Toa Payoh 15 Cedar Avenue, S349700 2.0km Not Applicable Not Applicable Not Applicable 94 80.0% 117 68
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
33 JOON HIANG ROAD 1,845 $6,500,000 ($3,523 Psf) 28-May-2026 $7,695,505 ($3,629 Psf) Yes / Modification After Sale 1,000,000 View
41B JOON HIANG ROAD 1,995 $4,128,000 ($2,069 Psf) 04-Sep-2024 $4,526,655 ($2,269 Psf) N.A / N.A 0 View
68 JOON HIANG ROAD 1,794 $3,960,000 ($2,207 Psf) 13-Sep-2023 $4,999,414 ($2,731 Psf) Yes / Modification After Sale 100,000 View
43B JOON HIANG ROAD 1,963 $4,068,000 ($2,072 Psf) 27-Jul-2023 $5,188,209 ($2,643 Psf) N.A / N.A 0 View
35 JOON HIANG ROAD 1,864 $3,250,000 ($1,744 Psf) 21-Feb-2023 $5,865,040 ($2,610 Psf) Yes / Modification After Sale 1,000,000 View
23 JOON HIANG ROAD 1,845 $2,800,000 ($1,518 Psf) 08-Jul-2022 $7,320,985 ($2,613 Psf) Yes / Modification After Sale 2,500,000 View
21 JOON HIANG ROAD 1,846 $3,760,000 ($2,037 Psf) 12-May-2021 $5,312,598 ($2,613 Psf) Yes / Modification Before Sale 489,000 View
1 JOON HIANG ROAD 9,936 $8,880,000 ($894 Psf) 24-Sep-2020 $20,100,144 ($1,904 Psf) Yes / Modification After Sale 1,182,000 View
56 JOON HIANG ROAD 1,856 $2,880,000 ($1,552 Psf) 11-Jan-2019 $5,692,304 ($2,609 Psf) Yes / Modification After Sale 850,000 View
47 JOON HIANG ROAD 2,715 $3,018,000 ($1,112 Psf) 25-Apr-2018 $6,173,910 ($2,274 Psf) N.A / N.A 0 View
Showing 1–10 of 49 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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