To determine if the price for your unit at Siglap V is reasonable, here are some key points to consider:
- Recent transactions at Siglap V have shown a range of prices. For example, a 517 sqft unit was sold for $872,000 ($1,688 psf) in January 2025, and a 1,163 sqft unit was sold for $1,435,000 ($1,235 psf) in December 2024.
- Units in the 500-600 sqft range have been transacting between $2,550 to $2,800, with psf prices ranging from $4.25 to $5.60.
- The overall average psf price for units at Siglap V over the past six months has been around $1,409.07 psf.
Given this data, if your unit is approximately 500-600 sqft, a price range of $2,550 to $2,800 would be consistent with recent market transactions. If the price you are considering falls within this range, it could be considered a good price relative to the current market.
For a more precise valuation, you may want to consult with a real estate agent or use EdgeProp Singapore's valuation tools to get a detailed estimate based on your specific unit's characteristics and recent sales data.
Thank you for reaching out to EdgeProp Buddy. Please note that I'm still in Beta mode. For detailed insights, it's always a good idea to consult with a real estate professional on topics like this.