Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 55 RICHARDS PLACE

ML Indicative Values

ML Indicative Value: $6,143,200 [ (2,606 psf * 2,266 sqft) + $238,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $1,587,300
Net Indicative Capital Gain Today: $1,349,300
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $4,555,888
PSF $2,011
Last Transaction 03-Jun-2022

Property Details

Land Area2,266 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code546373
District19
Area NameROSYTH

Planning Info

Planning AreaHougang
Planning RegionNorth East Region
Planning SubzoneKovan

Land Registry

Mukim NumberMK22-00322P
Balance Lease999 Years
House TypeTerrace House

Regulatory

BCA InformationModification Before Sale
BCA Total Cost $238,000
Planning DecisionYES

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 17-Aug-2009 $1,200,000 $530 2,266 Resale Terrace House URA
2 15-Nov-2011 $3,155,888 $1,393 2,266 Resale Terrace House URA
3 03-Jun-2022 $4,555,888 $2,011 2,266 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
Area2,266 sqft
17-Aug-2009

Resale

Purchased Price$1,200,000
PSF$530
Area2,266 sqft
23-Apr-2010

Planning Decision

SubmissionPROPOSED RECONSTRUCTION OF AN EXISTING SINGLE STOREY INTERMEDIATE TERRACE DWELLING HOUSE TO A 3-STOREY INTERMEDIATE TERRACE DWELLING HOUSE WITH AN ATTIC
Decision Date23-Apr-2010
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP050110-04I2-Z000
01-Jun-2010

Permits to Commence Structural Works

Date01-Jun-2010
DescriptionRECONSTRN TO AN EXTG SGL STY INTERMEDIATE HSE TO A 3 STY ON LOT 322P MK22 @ 55 RICHARDS PLACE
Cost Less than S$10m
BuilderPG CONTRACTOR PTE. LTD.
ArchitectA.J.'S INGENIEURS
15-Nov-2011

Resale

Purchased Price$3,155,888
PSF$1,393
Area2,266 sqft
01-May-2012

Permits to Commence Structural Works

Date01-May-2012
DescriptionRETENTN OF WKS & A/A TO EXTG 3 STY INTERMEDIATE TERR HSE WT AN ATTIC ON LOT 322P MK22 @ 55 RICHARDS PLACE
Cost Less than S$10m
BuilderTHE VISIONARY RESIDENCES PTE. LTD.
ArchitectDEKO DESIGN & ASSOCIATES
02-May-2012

Planning Decision

SubmissionPROPOSED RETENTION OF WORKS AND ADDITIONS & ALTERATIONS TO THE EXISTING 3-STOREY INTERMEDIATE TERRACE DWELLING HOUSE WITH AN ATTIC
Decision Date02-May-2012
Decision TypeWritten Permission
Apply TypeAddition/Alteration to Landed Housing
Decision NoP180412-19D1-Z000
03-Jun-2022

Resale

Purchased Price$4,555,888
PSF$2,011
Area2,266 sqft
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 03-Jun-2022
Area: 2,266 Sqft
$4,555,888 $2,011
Price Index $2,606 $2,606
House Adjustment 0
BCA Cost $238,000
ML Indicative Valuation $6,143,200
Gross Indicative Capital Gain Today $1,587,312

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 Zhonghua Primary School Serangoon 12 Serangoon Avenue 4, S556095 1.2km Not Applicable Not Applicable Not Applicable 103 100.0% 24 74
3 Xinghua Primary School Hougang 45 Hougang Avenue 1, S538882 1.2km Not Applicable Not Applicable Not Applicable 105 100.0% 29 60
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 1.7km 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

Asking Price vs ML Valuation Map

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