Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 3 MARGATE ROAD

ML Indicative Values

ML Indicative Value: $17,338,100 [ (2,596 psf * 6,386 sqft) + $760,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $8,058,100
Net Indicative Capital Gain Today: $7,298,100
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $9,280,000
PSF $1,453
Last Transaction 08-Oct-2020

Property Details

Land Area6,386 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeDetached House

Location

Postal Code438043
District15
Area NameMEYER ROAD

Planning Info

Planning AreaMarine Parade
Planning RegionCentral Region
Planning SubzoneMountbatten

Land Registry

Mukim NumberMK25-06746M
Balance Lease999 Years
House TypeDetached House

Regulatory

BCA InformationModification After Sale
BCA Total Cost $760,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 07-Oct-2005 $4,500,000 $353 12,751 Resale Detached House URA
2 07-Feb-2007 $4,950,000 $775 6,386 New Sale Detached House URA
3 02-Aug-2010 $7,450,000 $1,167 6,386 Resale Detached House URA
4 08-Oct-2020 $9,280,000 $1,453 6,386 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
Area6,386 sqft
07-Oct-2005

Resale

Purchased Price$4,500,000
PSF$353
Area12,751 sqft
17-Feb-2006

Planning Decision

SubmissionPROPOSED LANDED HOUSING DEVT COMPRISING 2 UNITS OF 2 STY DETACHED DWELLING HOUSE WITH AN ATTIC
Decision Date17-Feb-2006
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP251105-24B2-Z000
09-May-2006

Planning Decision

SubmissionPROPOSED REGULARISATION OF GFA AND ADMENDMENT TO APPROVED LANDED HOUSING DEVELOPMENT COMPRISING 2 UNITS OF 2-STOREY DETACHED DWELLING HOUSE WITH AN ATTIC EACH
Decision Date09-May-2006
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP251105-24B2-A011
07-Feb-2007

New Sale

Purchased Price$4,950,000
PSF$775
Area6,386 sqft
09-Apr-2007

Planning Decision

SubmissionSUBDIVISION OF LAND INTO 2 PLOTS, EACH TO VONTAIN AN EXISTING 2-STOREY DETACHED DWELLING HOUSE WITH AN ATTIC DEVELOPEDIN ACCORDANCE WITH THE APPROVED PLAN
Decision Date09-Apr-2007
Decision TypeWritten Permission
Apply TypeSubdivision of Land
Decision NoP270307-18E1-Z000
02-Aug-2010

Resale

Purchased Price$7,450,000
PSF$1,167
Area6,386 sqft
08-Oct-2020

Resale

Purchased Price$9,280,000
PSF$1,453
Area6,386 sqft
02-Dec-2021

Planning Decision

SubmissionPROPOSED ADDITIONS & ALTERATIONS TO AN EXISTNG 2-STOREY DETACHED DWELLING HOUSE WITH AN ATTIC ON LOT 06746M MK25 AT 3 MARGATE ROAD (MARINE PARADE PLANNING AREA)
Decision Date02-Dec-2021
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP050921-21F3-Z000
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Detached House
Tenure: Freehold
Latest Contract Date: 08-Oct-2020
Area: 6,386 Sqft
$9,280,000 $1,453
Price Index $2,596 $2,596
House Adjustment 0
BCA Cost $760,000
ML Indicative Valuation $17,338,100
Gross Indicative Capital Gain Today $8,058,100

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 Kong Hwa School Geylang 350 Guillemard Road, S399772 1.3km Not Applicable Not Applicable Not Applicable 0 0% 0 0
2 Tanjong Katong Primary School Marine Parade 10 Seraya Road, S437259 1.4km Not Applicable Not Applicable Not Applicable 0 0% 0 0
3 Haig Girls' School Geylang 51 Koon Seng Road, S427072 2.0km Not Applicable Not Applicable Not Applicable 23 61.0% 38 14
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
7 MARGATE ROAD 9,803 $19,750,000 ($2,015 Psf) 29-Apr-2026 $22,987,962 ($2,254 Psf) Yes / Modification After Sale 892,000 View
31 MARGATE ROAD 4,326 $5,325,000 ($1,231 Psf) 01-Apr-2021 $9,508,548 ($2,198 Psf) N.A / N.A 0 View
3 MARGATE ROAD 6,386 $9,280,000 ($1,453 Psf) 08-Oct-2020 $17,338,056 ($2,596 Psf) Yes / Modification After Sale 760,000 View
1B MARGATE ROAD 4,839 $6,480,000 ($1,339 Psf) 02-Oct-2020 $13,531,722 ($2,598 Psf) Yes / Modification After Sale 960,000 View
27 MARGATE ROAD 2,922 $3,850,000 ($1,318 Psf) 25-Aug-2020 $7,199,808 ($2,464 Psf) N.A / N.A 0 View
23 MARGATE ROAD 2,931 $3,688,000 ($1,258 Psf) 16-Jun-2017 $7,189,743 ($2,453 Psf) N.A / N.A 0 View
1A MARGATE ROAD 5,890 $6,350,000 ($1,078 Psf) 08-Aug-2016 $14,742,740 ($2,466 Psf) Yes / Modification Before Sale 218,000 View
18 MARGATE ROAD 1,614 $2,950,000 ($1,828 Psf) 07-Jun-2012 $5,111,538 ($3,167 Psf) Yes / Modification Before Sale 0 View
16 MARGATE ROAD 1,612 $2,690,000 ($1,669 Psf) 08-Jun-2011 $4,626,440 ($2,870 Psf) N.A / N.A 0 View
3A MARGATE ROAD 6,364 $5,100,000 ($801 Psf) 02-Apr-2007 $16,921,944 ($2,596 Psf) Yes / Modification After Sale 401,000 View
Showing 1–10 of 31 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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