Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 15 JALAN LABU MERAH

ML Indicative Values

ML Indicative Value: $11,072,000 [ (1,537 psf * 5,794 sqft) + $2,166,666 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $6,892,000
Net Indicative Capital Gain Today: $4,725,300
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $4,180,000
PSF $721
Last Transaction 11-Oct-2011

Property Details

Land Area5,794 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code537978
District19
Area NameEDEN GARDEN

Planning Info

Planning AreaSerangoon
Planning RegionNorth East Region
Planning SubzoneUpper Paya Lebar

Land Registry

Mukim NumberMK24-01612L
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification After Sale
BCA Total Cost $2,166,666
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 11-Oct-2011 $4,180,000 $721 5,794 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
Area5,794 sqft
12-Sep-1995

Planning Decision

SubmissionOUTLINE APPLICATION FOR PROPOSED ERECTION OF ONE UNIT 2-STOREY CORNER TERRACE DWELLING HOUSE AND ONE UNIT OF 2-STOREY DETACHED DWELLING HOUSE EACH WITH A BASEMENT AND AN ATTIC
Decision Date12-Sep-1995
Decision TypeNotice of Refusal
Apply TypeOutline Application (New Erection)
Decision NoP010895-26B1-Z000
11-Oct-2011

Resale

Purchased Price$4,180,000
PSF$721
Area5,794 sqft
22-Oct-2020

Planning Decision

SubmissionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING AND 1 UNIT OF 3- STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA)
Decision Date22-Oct-2020
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP220219-07D3-Z000
01-Apr-2021

Permits to Commence Structural Works

Date01-Apr-2021
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERA
Cost $4,000,000 16MONTH(S)
BuilderMAPLE BUILDERS PTE. LTD.
ArchitectHO SEOW HUI
23-Aug-2021

Planning Decision

SubmissionPROPOSED AMENDMENT TO APPROVED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3- STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA)
Decision Date23-Aug-2021
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP220219-07D3-A012
01-Sep-2021

Permits to Commence Structural Works

Date01-Sep-2021
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA) ON LOT 11099V & 01612L MK24 AT 15 JALAN LABU MERAH
Cost $4,000,000 16MONTH(S)
BuilderMAPLE BUILDERS PTE. LTD.
ArchitectHO SEOW HUI
01-Oct-2021

Permits to Commence Structural Works

Date01-Oct-2021
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA) ON LOT 11099V & 01612L MK24 AT 15 JALAN LABU MERAH
Cost $4,000,000 16MONTH(S)
BuilderMAPLE BUILDERS PTE. LTD.
ArchitectHO SEOW HUI
01-Oct-2021

Permits to Commence Structural Works

Date01-Oct-2021
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA) ON LOT 11099V & 01612L MK24 AT 15 JALAN LABU MERAH
Cost $4,000,000 16MONTH(S)
BuilderMAPLE BUILDERS PTE. LTD.
ArchitectHO SEOW HUI
01-Oct-2021

Permits to Commence Structural Works

Date01-Oct-2021
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA) ON LOT 11099V & 01612L MK24 AT 15 JALAN LABU MERAH
Cost $4,000,000 16MONTH(S)
BuilderMAPLE BUILDERS PTE. LTD.
ArchitectHO SEOW HUI
15-Dec-2022

Planning Decision

SubmissionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3- STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA)
Decision Date15-Dec-2022
Decision TypeWritten Permission
Apply TypeExtension of Written Permission for Erection of New Building
Decision NoP220219-07D3-E011
01-May-2023

Permits to Commence Structural Works

Date01-May-2023
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA) ON LOT 11099V & 01612L MK24 AT 15 JALAN LABU MERAH
Cost $2,500,000 12MONTH(S)
BuilderAMAX ENGINEERING PTE LTD
ArchitectHO SEOW HUI
01-Feb-2024

Permits to Commence Structural Works

Date01-Feb-2024
DescriptionPROPOSED ERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA) ON LOT 11099V & 01612L MK24 AT 15 JALAN LABU MERAH
Cost $2,500,000 6MONTH(S)
BuilderAMAX ENGINEERING PTE LTD
ArchitectHO SEOW HUI
29-Jul-2024

Planning Decision

SubmissionPROPOSED AMALGAMATION AND SUBDIVISION OF LAND INTO 3 PLOTS
Decision Date29-Jul-2024
Decision TypeWritten Permission
Apply TypeSubdivision of Land
Decision NoP010724-14A1-Z000
11-Sep-2024

Temporary Occupation Permits Issued

CSC No202491022
Date11-Sep-2024
DescriptionERECTION OF 1 UNIT OF 3-STOREY ENVELOPE CONTROL DETACHED DWELLING WITH ATTIC, 1 UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING WITH ATTIC AND 1 UNIT OF 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING WITH ATTIC ON LOT 01612L AND 11099V MK 24 AT JALAN LABU MERAH (SERANGOON PLANNING AREA)
Floor Area0
Cost $0
ArchitectHO SEOW HUI
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 11-Oct-2011
Area: 5,794 Sqft
$4,180,000 $721
Price Index $1,537 $1,537
House Adjustment 0
BCA Cost $2,166,666
ML Indicative Valuation $11,072,000
Gross Indicative Capital Gain Today $6,892,000

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 Yangzheng Primary School Serangoon 15 Serangoon Avenue 3, S556108 672m 51 91.0% 56 Not Applicable Not Applicable Not Applicable 0
2 Cedar Primary School Toa Payoh 15 Cedar Avenue, S349700 1.1km Not Applicable Not Applicable Not Applicable 94 80.0% 117 68
3 St. Gabriel's Primary School Serangoon 220 Lorong Chuan, S556742 1.4km Not Applicable Not Applicable Not Applicable 16 48.0% 33 0
4 Paya Lebar Methodist Girls' School (Primary) Hougang 298 Lorong Ah Soo, S536741 1.4km Not Applicable Not Applicable Not Applicable 0 0% 0 0
5 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 1.7km Not Applicable Not Applicable Not Applicable 103 100.0% 24 74
6 CHIJ Our Lady of Good Counsel Serangoon 2C Burghley Drive, S558979 1.7km Not Applicable Not Applicable Not Applicable 58 100.0% 30 18
7 First Toa Payoh Primary School Toa Payoh 7 Lorong 8 Toa Payoh, S319252 2.1km Not Applicable Not Applicable Not Applicable 118 100.0% 8 101
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
1 JALAN LABU MERAH 2,429 $4,008,888 ($1,650 Psf) 15-Apr-2025 $5,666,857 ($2,333 Psf) N.A / N.A 0 View
7 JALAN LABU MERAH 1,765 $2,480,000 ($1,405 Psf) 03-Nov-2020 $4,962,855 ($2,707 Psf) Yes / Modification Before Sale 185,000 View
9 JALAN LABU MERAH 1,766 $2,160,000 ($1,223 Psf) 26-Apr-2018 $4,826,478 ($2,733 Psf) N.A / N.A 0 View
15 JALAN LABU MERAH 5,794 $4,180,000 ($721 Psf) 11-Oct-2011 $11,072,044 ($1,537 Psf) Yes / Modification After Sale 2,166,666 View
11 JALAN LABU MERAH 1,766 $1,667,104 ($944 Psf) No Tran Since 1995 $4,826,478 ($2,733 Psf) N.A / N.A 0 View
13 JALAN LABU MERAH 5,829 $5,502,576 ($944 Psf) No Tran Since 1995 $9,792,506 ($1,537 Psf) Yes / Modification After Sale 833,333 View
17 JALAN LABU MERAH 5,829 $5,502,576 ($944 Psf) No Tran Since 1995 $13,428,294 ($1,932 Psf) Yes / Modification After Sale 2,166,666 View
3 JALAN LABU MERAH 1,762 $1,663,328 ($944 Psf) No Tran Since 1995 $4,812,022 ($2,731 Psf) N.A / N.A 0 View
5 JALAN LABU MERAH 1,763 $1,664,272 ($944 Psf) No Tran Since 1995 $4,814,753 ($2,731 Psf) N.A / N.A 0 View
Showing 9 entries
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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