Predictive Property

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PREDICTIVE PROPERTY: 38 JALAN CHERMAT

ML Indicative Values

ML Indicative Value: $6,730,200 [ (2,533 psf * 2,657 sqft) ]
Gross Indicative Capital Gain Today: $3,630,200
Net Indicative Capital Gain Today: $3,630,200
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $3,100,000
PSF $1,167
Last Transaction 24-Apr-2013

Property Details

Land Area2,657 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code538388
District19
Area NameONG LYE

Planning Info

Planning AreaSerangoon
Planning RegionNorth East Region
Planning SubzoneUpper Paya Lebar

Land Registry

Mukim NumberMK24-02684P
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost -
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 01-Aug-1996 $1,470,000 $553 2,657 Resale Terrace House URA
2 12-Aug-2002 $1,000,000 $376 2,657 Resale Terrace House URA
3 21-Aug-2006 $1,238,000 $466 2,657 Resale Terrace House URA
4 24-Apr-2013 $3,100,000 $1,167 2,657 Resale Terrace House URA

Past Rental Transactions (Last 3 Years)

No. Lease Date Price PSF Source
1 15-Jan-2025 $7,400 1.80 Others

Maps

1995

Start of SLA Digital Journey

House TypeTerrace House
TenureFreehold
Area2,657 sqft
09-Jun-1995

Planning Decision

SubmissionPROPOSED AND RETENTION OF ADDITIONS AND ALTERATIONS TO THE EXISTING 2-STOREY CORNER-TERRACE DWELLING HOUSE
Decision Date09-Jun-1995
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP280395-09H1-Z000
01-Aug-1996

Resale

Purchased Price$1,470,000
PSF$553
Area2,657 sqft
12-Aug-2002

Resale

Purchased Price$1,000,000
PSF$376
Area2,657 sqft
26-Nov-2002

Planning Decision

SubmissionPROPOSED ADDITIONS AND ALTERATIONS WITH PROVISION OF AN ATTIC TO THE EXISTING 2 STOREY CORNER TERRACE HOUSE
Decision Date26-Nov-2002
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP180902-22I2
01-Dec-2002

Permits to Commence Structural Works

Date01-Dec-2002
DescriptionA/A WT AN ATTIC TO EXTG 2 STY CORNER TERR HSE @ 38 JLN CHERMAT
Cost Less than S$10m
Builder ZENCON ENGINEERING & CONSTRUCTION PTE LTD
ArchitectGRACE CONSULTANTS
21-Aug-2006

Resale

Purchased Price$1,238,000
PSF$466
Area2,657 sqft
24-Apr-2013

Resale

Purchased Price$3,100,000
PSF$1,167
Area2,657 sqft
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 24-Apr-2013
Area: 2,657 Sqft
$3,100,000 $1,167
Price Index $2,533 $2,533
House Adjustment 0
BCA Cost $0
ML Indicative Valuation $6,730,200
Gross Indicative Capital Gain Today $3,630,200

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 740m 97 94.0% 103 Not Applicable Not Applicable Not Applicable 0
2 Yangzheng Primary School Serangoon 15 Serangoon Avenue 3, S556108 1.1km Not Applicable Not Applicable Not Applicable 0 0% 0 0
3 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 1.4km Not Applicable Not Applicable Not Applicable 103 100.0% 24 74
4 Xinghua Primary School Hougang 45 Hougang Avenue 1, S538882 1.5km Not Applicable Not Applicable Not Applicable 105 100.0% 29 60
5 CHIJ Our Lady of Good Counsel Serangoon 2C Burghley Drive, S558979 1.7km Not Applicable Not Applicable Not Applicable 58 100.0% 30 18
6 Cedar Primary School Toa Payoh 15 Cedar Avenue, S349700 1.8km Not Applicable Not Applicable Not Applicable 94 80.0% 117 68
7 St. Gabriel's Primary School Serangoon 220 Lorong Chuan, S556742 1.8km Not Applicable Not Applicable Not Applicable 16 48.0% 33 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
27 JALAN CHERMAT 2,012 $5,800,000 ($2,883 Psf) 25-Nov-2024 $6,326,788 ($2,399 Psf) Yes / Modification Before Sale 1,500,000 View
12 JALAN CHERMAT 1,875 $3,600,000 ($1,920 Psf) 11-Jul-2024 $4,989,375 ($2,661 Psf) N.A / N.A 0 View
10 JALAN CHERMAT 1,876 $5,588,888 ($2,979 Psf) 06-Oct-2023 $6,980,780 ($2,655 Psf) Yes / Modification Before Sale 2,000,000 View
1 JALAN CHERMAT 3,101 $4,350,000 ($1,403 Psf) 10-Jun-2022 $7,088,886 ($2,286 Psf) Yes / Modification Before Sale 0 View
34 JALAN CHERMAT 1,875 $2,300,888 ($1,227 Psf) 16-Sep-2020 $4,989,375 ($2,661 Psf) N.A / N.A 0 View
23 JALAN CHERMAT 2,819 $2,820,000 ($1,000 Psf) 02-Sep-2019 $6,170,791 ($2,189 Psf) N.A / N.A 0 View
26 JALAN CHERMAT 1,875 $2,050,000 ($1,093 Psf) 22-Sep-2017 $4,989,375 ($2,661 Psf) N.A / N.A 0 View
30 JALAN CHERMAT 1,875 $2,200,000 ($1,173 Psf) 04-Sep-2017 $4,989,375 ($2,661 Psf) N.A / N.A 0 View
14 JALAN CHERMAT 1,875 $2,250,000 ($1,200 Psf) 29-May-2014 $4,989,375 ($2,661 Psf) N.A / N.A 0 View
38 JALAN CHERMAT 2,657 $3,100,000 ($1,167 Psf) 24-Apr-2013 $6,730,181 ($2,533 Psf) Yes / Modification Before Sale 0 View
Showing 1–10 of 37 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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