Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 2 RECREATION ROAD

ML Indicative Values

ML Indicative Value: $16,804,500 [ (1,869 psf * 7,065 sqft) + $3,600,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $10,704,500
Net Indicative Capital Gain Today: $7,104,500
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $6,100,000
PSF $863
Last Transaction 31-Jul-2017

Property Details

Land Area7,065 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeDetached House

Location

Postal Code546491
District19
Area NameRECREATION LANE

Planning Info

Planning AreaSerangoon
Planning RegionNorth East Region
Planning SubzoneSerangoon Central

Land Registry

Mukim NumberMK17-08337W
Balance Lease999 Years
House TypeDetached House

Regulatory

BCA InformationModification After Sale
BCA Total Cost $3,600,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 03-Jan-2005 $2,550,000 $361 7,061 Resale Detached House URA
2 31-Jul-2017 $6,100,000 $863 7,065 Resale Detached House URA

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House TypeDetached House
TenureFreehold
Area7,065 sqft
03-Jan-2005

Resale

Purchased Price$2,550,000
PSF$361
Area7,061 sqft
31-Jul-2017

Resale

Purchased Price$6,100,000
PSF$863
Area7,065 sqft
04-May-2020

Planning Decision

SubmissionPROPOSED NEW ERECTION OF A ENVELOP CONTROL 3-STOREY DETACHED DWELLING HOUSE WITH A BASEMENT AND AN ATTIC ON LOT 08337W MK 17 AT 2 RECREATION ROAD(SERANGOON PLANNING AREA)
Decision Date04-May-2020
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP140619-13F3-Z000
15-Sep-2020

Planning Decision

SubmissionPROPOSED AMENDMENT TO THE APPROVED NEW ERECTION OF A ENVELOP CONTROL 3-STOREY DETACHED DWELLING HOUSE WITH A BASEMENT AND AN ATTIC ON LOT 08337W MK 17 AT 2 RECREATION ROAD(SERANGOON PLANNING AREA)
Decision Date15-Sep-2020
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP140619-13F3-A011
01-Feb-2021

Permits to Commence Structural Works

Date01-Feb-2021
DescriptionPROPOSED NEW ERECTION OF A ENVELOP CONTROL 3-STOREY DETACHED DWELLING HOUSE WITH A BASEMENT AND AN ATTIC ON LOT 08337W MK 17 AT 2 RECREATION ROAD(SERANGOON PLANNING AREA) ON LOT 08337W MK17 AT
Cost $3,600,000 17MONTH(S)
BuilderS2K BUILDERS PTE LED
ArchitectTAN BING HUI
20-Oct-2022

Temporary Occupation Permits Issued

CSC No202281946
Date20-Oct-2022
DescriptionNEW ERECTION OF A ENVELOP CONTROL 3-STOREY DETACHED DWELLING HOUSE WITH A BASEMENT AND AN ATTIC ON LOT 08337W MK 17 AT 2 RECREATION ROAD (SERANGOON PLANNING AREA)
Floor Area0
Cost $0
ArchitectTAN BING HUI
11-Aug-2025

Certificates Of Statutory Completion

CSC No202595694
Date11-Aug-2025
DescriptionPROPOSED NEW ERECTION OF A ENVELOP CONTROL 3-STOREY DETACHED DWELLING HOUSE WITH A BASEMENT AND AN ATTIC ON LOT 08337W MK 17 AT 2 RECREATION ROAD&SERANGOON PLANNING AREA&
Floor Area0
Cost $0
ArchitectTAN BING HUI
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Detached House
Tenure: Freehold
Latest Contract Date: 31-Jul-2017
Area: 7,065 Sqft
$6,100,000 $863
Price Index $1,869 $1,869
House Adjustment 0
BCA Cost $3,600,000
ML Indicative Valuation $16,804,500
Gross Indicative Capital Gain Today $10,704,500

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 Yangzheng Primary School Serangoon 15 Serangoon Avenue 3, S556108 856m 51 91.0% 56 Not Applicable Not Applicable Not Applicable 0
2 Paya Lebar Methodist Girls' School (Primary) Hougang 298 Lorong Ah Soo, S536741 1.0km 97 94.0% 103 Not Applicable Not Applicable Not Applicable 0
3 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 1.1km Not Applicable Not Applicable Not Applicable 103 100.0% 24 74
4 CHIJ Our Lady of Good Counsel Serangoon 2C Burghley Drive, S558979 1.4km 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 1.8km 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
11 RECREATION ROAD 1,925 $4,000,000 ($2,078 Psf) 23-Feb-2026 $5,110,875 ($2,655 Psf) N.A / N.A 0 View
6 RECREATION ROAD 2,622 $5,800,000 ($2,212 Psf) 04-Aug-2025 $6,214,140 ($2,370 Psf) N.A / N.A 0 View
29 RECREATION ROAD 3,076 $6,400,000 ($2,081 Psf) 27-Mar-2025 $6,407,308 ($2,083 Psf) N.A / N.A 0 View
38 RECREATION ROAD 2,836 $5,200,000 ($1,834 Psf) 03-Jul-2024 $6,242,036 ($2,201 Psf) N.A / N.A 0 View
46 RECREATION ROAD 3,306 $5,700,000 ($1,724 Psf) 21-Mar-2024 $6,664,896 ($2,016 Psf) N.A / N.A 0 View
15 RECREATION ROAD 1,934 $4,600,000 ($2,378 Psf) 14-Apr-2023 $5,488,572 ($2,658 Psf) Yes / Modification Before Sale 348,000 View
7 RECREATION ROAD 3,157 $3,570,000 ($1,131 Psf) 09-Nov-2021 $6,446,594 ($2,042 Psf) N.A / N.A 0 View
11A RECREATION ROAD 1,930 $3,180,000 ($1,648 Psf) 19-May-2021 $5,224,150 ($2,655 Psf) Yes / Modification After Sale 100,000 View
38A RECREATION ROAD 1,996 $3,200,000 ($1,603 Psf) 26-Nov-2020 $6,031,316 ($2,671 Psf) Yes / Modification After Sale 700,000 View
19B RECREATION ROAD 2,758 $3,530,000 ($1,280 Psf) 02-Apr-2018 $6,961,192 ($2,524 Psf) Yes / Modification Before Sale 0 View
Showing 1–10 of 50 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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