Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 48 RICHARDS PLACE

ML Indicative Values

ML Indicative Value: $7,324,000 [ (2,482 psf * 2,612 sqft) + $841,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $4,124,000
Net Indicative Capital Gain Today: $3,283,000
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $3,200,000
PSF $1,225
Last Transaction 17-Aug-2016

Property Details

Land Area2,612 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code546366
District19
Area NameROSYTH

Planning Info

Planning AreaHougang
Planning RegionNorth East Region
Planning SubzoneKovan

Land Registry

Mukim NumberMK22-02970P
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost $841,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 19-Aug-2013 $2,880,000 $1,102 2,612 Resale Terrace House URA
2 17-Aug-2016 $3,200,000 $1,225 2,612 Resale Terrace House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeTerrace House
TenureFreehold
Area2,612 sqft
19-Aug-2013

Resale

Purchased Price$2,880,000
PSF$1,102
Area2,612 sqft
01-May-2014

Permits to Commence Structural Works

Date01-May-2014
DescriptionERECTN OF A 3 STY CORNER TERR DWELLG HSE WT AN ATTIC ON LOT 2970P MK22 @ 48 RICHARDS PLACE
Cost Less than S$10m
BuilderWORKSHOP I.D. & BUILD PTE. LTD.
ArchitectKOK ENG TIONG, DESMOND
11-Jun-2014

Planning Decision

SubmissionERECTION OF A 3-STOREY CORNER TERRACE HOUSE WITH AN ATTIC ON LOT O2970P MK 22 AT 48 RICHARDS PLACE
Decision Date11-Jun-2014
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP111013-15B2-Z000
19-Sep-2014

Planning Decision

SubmissionERECTION OF A 3-STOREY CORNER TERRACE HOUSE WITH AN ATTIC ON LOT O2970P MK 22 AT 48 RICHARDS PLACE
Decision Date19-Sep-2014
Decision TypeCorrigendum
Apply TypeNew Erection
Decision NoP111013-15B2-Z000
17-Aug-2016

Resale

Purchased Price$3,200,000
PSF$1,225
Area2,612 sqft
01-Sep-2016

Planning Decision

SubmissionPROPOSED ERECTION OF A 3-STOREY CORNER TERRACE HOUSE WITH AN ATTIC ON LOT O2970P MK 22 AT 48 RICHARDS PLACE
Decision Date01-Sep-2016
Decision TypeWritten Permission
Apply TypeExtension of Written Permission for Erection of New Building
Decision NoP111013-15B2-E011
02-Sep-2016

Planning Decision

SubmissionPROPOSED AMENDMENT TO THE APPROVED ERECTION OF A 3-STOREY CORNER TERRACE HOUSE WITH AN ATTIC
Decision Date02-Sep-2016
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP111013-15B2-A012
31-Mar-2017

Temporary Occupation Permits Issued

CSC No201756424
Date31-Mar-2017
DescriptionERECTION OF A 3-STOREY CORNER TERRACE DWELLING HOUSE WITH AN ATTIC ON LOT 02970P MK22 AT 48 RICHARDS PLACE
Floor Area422.38
Cost $1,200,000
ArchitectKOK ENG TIONG DESMOND
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 17-Aug-2016
Area: 2,612 Sqft
$3,200,000 $1,225
Price Index $2,482 $2,482
House Adjustment 0
BCA Cost $841,000
ML Indicative Valuation $7,324,000
Gross Indicative Capital Gain Today $4,124,000

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 Xinmin Primary School Hougang 9 Hougang Avenue 8, S538784 1.1km Not Applicable Not Applicable Not Applicable 0 0% 0 0
2 Xinghua Primary School Hougang 45 Hougang Avenue 1, S538882 1.2km Not Applicable Not Applicable Not Applicable 105 100.0% 29 60
3 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 1.2km Not Applicable Not Applicable Not Applicable 103 100.0% 24 74
4 Rosyth School Serangoon 21 Serangoon North Avenue 4, S555855 1.3km Not Applicable Not Applicable Not Applicable 0 0% 0 0
5 Paya Lebar Methodist Girls' School (Primary) Hougang 298 Lorong Ah Soo, S536741 1.4km Not Applicable Not Applicable Not Applicable 0 0% 0 0
6 Holy Innocents' Primary School Hougang 5 Lorong Low Koon, S536451 1.5km Not Applicable Not Applicable Not Applicable 0 0% 0 0
7 Montfort Junior School Hougang 52 Hougang Avenue 8, S538786 1.6km Not Applicable Not Applicable Not Applicable 104 100.0% 22 74
8 Hougang Primary School Hougang 1 Hougang St 93, S534238 1.7km Not Applicable Not Applicable Not Applicable 9 41.0% 22 0
9 Yio Chu Kang Primary School Hougang 1 Hougang Street 51, S538720 1.8km Not Applicable Not Applicable Not Applicable 98 100.0% 28 49
10 CHIJ Our Lady of Good Counsel Serangoon 2C Burghley Drive, S558979 1.9km Not Applicable Not Applicable Not Applicable 58 100.0% 30 18
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
60 RICHARDS PLACE 2,801 $4,350,000 ($1,553 Psf) 02-Jan-2026 $6,044,558 ($2,158 Psf) N.A / N.A 0 View
61 RICHARDS PLACE 3,379 $4,250,000 ($1,258 Psf) 01-Aug-2025 $6,308,593 ($1,867 Psf) N.A / N.A 0 View
29 RICHARDS PLACE 2,232 $4,900,000 ($2,195 Psf) 16-Jul-2025 $6,543,464 ($2,627 Psf) Yes / Modification Before Sale 680,000 View
47 RICHARDS PLACE 2,248 $3,650,000 ($1,624 Psf) 05-Apr-2024 $5,397,448 ($2,401 Psf) N.A / N.A 0 View
55 RICHARDS PLACE 2,266 $4,555,888 ($2,011 Psf) 03-Jun-2022 $6,143,196 ($2,606 Psf) Yes / Modification Before Sale 238,000 View
15G RICHARDS PLACE 6,410 $6,680,000 ($1,042 Psf) 01-Oct-2021 $10,390,610 ($1,621 Psf) Yes / Modification Before Sale 0 View
16 RICHARDS PLACE 2,657 $2,700,000 ($1,016 Psf) 01-Oct-2021 $8,278,732 ($2,476 Psf) Yes / Modification After Sale 1,700,000 View
59 RICHARDS PLACE 2,276 $3,080,000 ($1,353 Psf) 21-Jul-2021 $7,218,980 ($2,605 Psf) Yes / Modification After Sale 1,290,000 View
40 RICHARDS PLACE 2,729 $3,380,000 ($1,239 Psf) 09-Jul-2021 $8,366,107 ($2,483 Psf) Yes / Modification After Sale 1,590,000 View
54 RICHARDS PLACE 1,876 $2,200,000 ($1,173 Psf) 30-Oct-2019 $5,432,004 ($2,629 Psf) Yes / Modification After Sale 500,000 View
Showing 1–10 of 66 entries
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Asking Price vs ML Valuation Map

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