Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 32 SIMON LANE

ML Indicative Values

ML Indicative Value: $6,033,200 [ (2,997 psf * 1,596 sqft) + $1,250,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $633,200
Net Indicative Capital Gain Today: $-616,800
Asking Price
$6,500,000
Asking PSF: $4,063
Listing TypeSingle-Agent Listing
Posted Times64 time(s)
First Posted10-Jan-2024
Last Posted24-Apr-2026
Agent Selena Ang (R060749I)
AgencyPROPNEX REALTY PTE. LTD.
Time On Market
2 years 9 months 6 days · Based on first posted date
View Listing Details
Probable Settlement Price
$6,266,606

Transaction Info

Transaction Amount $5,400,000
PSF $3,383
Last Transaction 28-Jul-2023

Property Details

Land Area1,596 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code546049
District19
Area NameKANG CHOO BIN

Planning Info

Planning AreaHougang
Planning RegionNorth East Region
Planning SubzoneKovan

Land Registry

Mukim NumberMK22-98246X
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost $1,250,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 31-Mar-2022 $2,700,000 $1,691 1,596 Resale Terrace House URA
2 28-Jul-2023 $5,400,000 $3,383 1,596 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
Area1,596 sqft
31-Mar-2022

Resale

Purchased Price$2,700,000
PSF$1,691
Area1,596 sqft
01-Sep-2022

Permits to Commence Structural Works

Date01-Sep-2022
DescriptionPROPOSED ERECTION OF A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH A MEZZANINE AND AN ATTIC ON LOT 98246X MK 22 AT 32 SIMON LANE (HOUGANG PLANNING AREA) ON LOT 98246X MK22 AT 32 SIMON LANE
Cost $1,250,000 12MONTH(S)
BuilderZH BUILDERS PTE LTD
ArchitectPOH MEOW CHIA
07-Sep-2022

Planning Decision

SubmissionPROPOSED ERECTION OF A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH A MEZZANINE AND AN ATTIC ON LOT 98246X MK22 AT 32 SIMON LANE
Decision Date07-Sep-2022
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP130522-55E2-Z000
28-Jul-2023

Resale

Purchased Price$5,400,000
PSF$3,383
Area1,596 sqft
12-Nov-2023

Temporary Occupation Permits Issued

CSC No202386884
Date12-Nov-2023
DescriptionERECTION OF A 3-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH A MEZZANINE AND AN ATTIC ON LOT 98246X MK 22 AT 32 SIMON LANE (HOUGANG PLANNING AREA)
Floor Area480
Cost $1,250,000
ArchitectPOH MEOW CHIA
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 28-Jul-2023
Area: 1,596 Sqft
$5,400,000 $3,383
Price Index $2,997 $2,997
House Adjustment 0
BCA Cost $1,250,000
ML Indicative Valuation $6,033,200
Gross Indicative Capital Gain Today $633,200

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 Xinmin Primary School Hougang 9 Hougang Avenue 8, S538784 895m 50 61.0% 82 Not Applicable Not Applicable Not Applicable 0
2 Xinghua Primary School Hougang 45 Hougang Avenue 1, S538882 903m 140 100.0% 40 Not Applicable Not Applicable Not Applicable 60
3 Holy Innocents' Primary School Hougang 5 Lorong Low Koon, S536451 940m 43 44.0% 97 Not Applicable Not Applicable Not Applicable 0
4 Montfort Junior School Hougang 52 Hougang Avenue 8, S538786 1.2km Not Applicable Not Applicable Not Applicable 104 100.0% 22 74
5 Paya Lebar Methodist Girls' School (Primary) Hougang 298 Lorong Ah Soo, S536741 1.5km Not Applicable Not Applicable Not Applicable 0 0% 0 0
6 Rosyth School Serangoon 21 Serangoon North Avenue 4, S555855 1.5km Not Applicable Not Applicable Not Applicable 0 0% 0 0
7 Yio Chu Kang Primary School Hougang 1 Hougang Street 51, S538720 1.5km Not Applicable Not Applicable Not Applicable 98 100.0% 28 49
8 Hougang Primary School Hougang 1 Hougang St 93, S534238 1.6km Not Applicable Not Applicable Not Applicable 9 41.0% 22 0
9 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 1.7km Not Applicable Not Applicable Not Applicable 103 100.0% 24 74
10 Punggol Primary School Hougang 61 Hougang Avenue 8, S538787 1.9km Not Applicable Not Applicable Not Applicable 0 0% 0 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
36 SIMON LANE 1,602 $6,280,000 ($3,920 Psf) 17-Jul-2026 $8,370,478 ($4,039 Psf) Yes / Modification After Sale 1,900,000 View
32 SIMON LANE 1,596 $5,400,000 ($3,383 Psf) 28-Jul-2023 $6,033,212 ($2,997 Psf) Yes / Modification Before Sale 1,250,000 View
16 SIMON LANE 1,612 $3,080,000 ($1,911 Psf) 29-Mar-2023 $5,698,980 ($2,915 Psf) Yes / Modification After Sale 1,000,000 View
22 SIMON LANE 1,611 $4,200,000 ($2,607 Psf) 05-Aug-2022 $5,696,065 ($2,915 Psf) Yes / Modification Before Sale 1,000,000 View
18 SIMON LANE 1,601 $2,300,000 ($1,437 Psf) 11-Dec-2019 $5,078,541 ($2,941 Psf) Yes / Modification Before Sale 370,000 View
34 SIMON LANE 1,597 $1,698,000 ($1,063 Psf) 14-Jan-2019 $6,206,209 ($2,997 Psf) Yes / Modification After Sale 1,420,000 View
1 SIMON LANE 3,194 $3,160,000 ($989 Psf) 10-Aug-2016 $7,173,724 ($2,246 Psf) Yes / Modification Before Sale 0 View
9 SIMON LANE 7,809 $3,250,000 ($416 Psf) 25-May-2007 $13,642,592 ($1,688 Psf) Yes / Modification Before Sale 461,000 View
38 SIMON LANE 1,959 $590,000 ($301 Psf) 03-Jan-2007 $5,351,867 ($2,613 Psf) Yes / Modification After Sale 233,000 View
14 SIMON LANE 1,891 $800,000 ($423 Psf) 17-Aug-2005 $5,104,117 ($2,687 Psf) N.A / Modification Before Sale 23,000 View
Showing 1–10 of 28 entries
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Asking Price vs ML Valuation Map

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