Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 24 NORMA TERRACE

ML Indicative Values

ML Indicative Value: $5,825,600 [ (3,016 psf * 1,600 sqft) + $1,000,000 BCA Capital Expenditure ]
Gross Indicative Capital Gain Today: $1,875,600
Net Indicative Capital Gain Today: $875,600
No listing data available.
Probable Settlement Price
0

Transaction Info

Transaction Amount $3,950,000
PSF $2,469
Last Transaction 31-Aug-2021

Property Details

Land Area1,600 sqft (Area from ura.gov.sg)
TenureFreehold
Property TypeTerrace House

Location

Postal Code456565
District15
Area NameOPERA ESTATE

Planning Info

Planning AreaBedok
Planning RegionEast Region
Planning SubzoneFrankel

Land Registry

Mukim NumberMK27-01415C
Balance Lease999 Years
House TypeTerrace House

Regulatory

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

Past Sale Transactions

No. Transaction Date Purchased Price PSF Area (Sqft) Sale Type House Type Source
1 30-May-2016 $1,800,000 $1,125 1,600 Resale Terrace House URA
2 31-Aug-2021 $3,950,000 $2,469 1,600 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
Area1,600 sqft
30-May-2016

Resale

Purchased Price$1,800,000
PSF$1,125
Area1,600 sqft
08-Nov-2016

Planning Decision

SubmissionPROPOSED NEW ERECTION OF A 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH MEZZANINE, A BASEMENT AND AN ATTIC ON LOT 01415C MK27 AT 24 NORMA TERRACE (BEDOK PLANNING AREA)
Decision Date08-Nov-2016
Decision TypeWritten Permission
Apply TypeNew Erection
Decision NoP151016-07C1-Z000
01-Jul-2017

Permits to Commence Structural Works

Date01-Jul-2017
DescriptionPROPOSED NEW ERECTION OF A 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH MEZZANINE AND AN ATTIC ON LOT 01415C MK27 AT 24 NORMA TERRACE (BEDOK PLANNING AREA) ON LOT 01415C MK27 AT 24 NORMA TERRACE
Cost $1,000,000 10MONTH(S)
BuilderPT CONSTRUCTION PTE. LTD.
ArchitectKEE JING ZHI
16-Nov-2017

Planning Decision

SubmissionPROPOSED AMENDMENT TO APPROVED NEW ERECTION OF A 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH MEZZANINE AND AN ATTIC ON LOT 01415C MK27 AT 24 NORMA TERRACE (BEDOK PLANNING AREA)
Decision Date16-Nov-2017
Decision TypeWritten Permission
Apply TypeAmendment to New Erection
Decision NoP151016-07C1-A012
01-Feb-2019

Permits to Commence Structural Works

Date01-Feb-2019
DescriptionPROPOSED NEW ERECTION OF A 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH MEZZANINE AND AN ATTIC ON LOT 01415C MK27 AT 24 NORMA TERRACE (BEDOK PLANNING AREA) ON LOT 01415C MK27 AT 24 NORMA TERRACE
Cost $1,000,000 1MONTH(S)
Builder
ArchitectKEE JING ZHI
25-Oct-2019

Certificates Of Statutory Completion

CSC No201969184
Date25-Oct-2019
DescriptionERECTION OF A 2-STOREY ENVELOPE CONTROL INTERMEDIATE TERRACE DWELLING HOUSE WITH MEZZANINE AND AN ATTIC ON LOT 01415C MK27 AT 24 NORMA TERRACE (BEDOK PLANNING AREA)
Floor Area313
Cost $1,000,000
ArchitectKEE JING ZHI
31-Aug-2021

Resale

Purchased Price$3,950,000
PSF$2,469
Area1,600 sqft
Today

Today's ML Valuation

Live
DescriptionPricePSF
Type: Terrace House
Tenure: Freehold
Latest Contract Date: 31-Aug-2021
Area: 1,600 Sqft
$3,950,000 $2,469
Price Index $3,016 $3,016
House Adjustment 0
BCA Cost $1,000,000
ML Indicative Valuation $5,825,600
Gross Indicative Capital Gain Today $1,875,600

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 Opera Estate Primary School Bedok 48 Fidelio Street, S458436 255m 103 100.0% 70 Not Applicable Not Applicable Not Applicable 16
2 St. Stephen's School Bedok 20 Siglap View, S455789 904m 158 100.0% 87 Not Applicable Not Applicable Not Applicable 39
3 Fengshan Primary School Bedok 307 Bedok North Road, S469680 1.2km Not Applicable Not Applicable Not Applicable 18 51.0% 35 0
4 Bedok Green Primary School Bedok 1 Bedok South Ave 2, S469317 1.4km Not Applicable Not Applicable Not Applicable 125 100.0% 31 88
5 Yu Neng Primary School Bedok 56 Bedok North St 3, S469623 1.6km Not Applicable Not Applicable Not Applicable 0 0% 0 0
6 Damai Primary School Bedok 52 Bedok Reservoir Crescent, S479226 1.7km Not Applicable Not Applicable Not Applicable 73 100.0% 28 45
7 Red Swastika School Bedok 350 Bedok North Avenue 3, S469719 1.7km Not Applicable Not Applicable Not Applicable 0 0% 0 0
8 Ngee Ann Primary School Marine Parade 344 Marine Terrace, S449149 1.8km Not Applicable Not Applicable Not Applicable 23 68.0% 34 0
9 Telok Kurau Primary School Bedok 50 Bedok Reservoir Rd, S479239 1.9km Not Applicable Not Applicable Not Applicable 69 100.0% 39 23
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
32 NORMA TERRACE 1,600 $4,600,000 ($2,875 Psf) 02-May-2025 $5,302,400 ($3,049 Psf) Yes / Modification Before Sale 424,000 View
37 NORMA TERRACE 1,393 $3,000,000 ($2,154 Psf) 15-Aug-2023 $4,967,264 ($2,848 Psf) Yes / Modification After Sale 1,000,000 View
39 NORMA TERRACE 1,393 $5,188,888 ($3,725 Psf) 08-Aug-2023 $5,847,640 ($3,480 Psf) Yes / Modification Before Sale 1,000,000 View
26 NORMA TERRACE 1,600 $4,600,000 ($2,875 Psf) 19-Dec-2022 $5,403,600 ($3,016 Psf) Yes / Modification Before Sale 578,000 View
40 NORMA TERRACE 1,600 $3,050,000 ($1,906 Psf) 04-Jul-2022 $7,884,600 ($3,016 Psf) Yes / Modification After Sale 3,059,000 View
24 NORMA TERRACE 1,600 $3,950,000 ($2,469 Psf) 31-Aug-2021 $5,825,600 ($3,016 Psf) Yes / Modification Before Sale 1,000,000 View
14 NORMA TERRACE 2,507 $2,900,000 ($1,157 Psf) 21-Aug-2020 $7,291,688 ($2,654 Psf) Yes / Modification After Sale 638,110 View
52 NORMA TERRACE 2,448 $3,000,000 ($1,225 Psf) 21-Feb-2020 $6,632,892 ($2,523 Psf) Yes / Modification After Sale 456,588 View
4 NORMA TERRACE 1,600 $2,550,000 ($1,594 Psf) 04-Oct-2019 $4,825,600 ($3,016 Psf) Yes / Modification Before Sale 0 View
44 NORMA TERRACE 1,600 $3,018,000 ($1,886 Psf) 21-May-2019 $4,907,600 ($3,016 Psf) Yes / Modification Before Sale 82,000 View
Showing 1–10 of 46 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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