STUDIO 3

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28 SHANGHAI ROAD SINGAPORE 248196

Key facts

Property typeCondo
TenureFreehold
TOP2005
Total units66
DeveloperFORTUNE DEVELOPMENT PTE LTD
Maintenance feeConfirm with MCST

Affordability

Est. stress-tested repayment

S$8,235 /mo

Loan amountS$1,725,000 (75%)
Stress rate4.00%
Loan tenure30 years
See financing eligibility

MRT & Schools(within 1km)

TE15 GREAT WORLD MRT STATION
9 min walk
GREAT WORLD MRT STATION
Nearby
SALEXANDRA PRIMARY SCHOOL
0.6 km
SGAN ENG SENG SCHOOL
0.8 km
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4 portals

Financing eligibility

Loan fit based on this listing price and current Singapore purchase rules.

Check eligibility

Maximum loan amount

S$1,725,000

Based on 75% LTV and valuation

Income needed (TDSR 55%)

S$15,000 /month

S$8,235 estimated instalment

Your affordability range

S$1,960,000

Buyer value

S$2,300,000

Recommended

S$3,000,000

Comfortable

Buyer stamp duty

S$108,418

Legal fees (est.)

S$3,500

Total cash needed

S$686,918

Eligibility insight

Based on this price, the Singpass-style estimate needs about S$15,000 monthly income before existing loan commitments.

Explore loan options

Estimate mirrors the Singpass/MyInfo calculator: NOA income, HDB loan instalments, MSR/TDSR, LTV, and a 4% stress rate. Final approval depends on verified buyer profile and lender assessment.

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Floor plan

Configuration2 bed / 2 bath
Floor area1,528 sqft
LayoutRequest from agent

Observed transactions

Price performance

Recent project transactions show how price per square foot is moving.

Recorded transaction price

Based on 5 recent records

Transaction PSF

Mar 2025

S$2,072/psf

Project avg S$1,817/psf
Nov '22Jan '24Mar '25

Listing psf

S$1,505 psf

Project avg psf

S$1,817 psf

Market sample

5 records

Transactions

Mar 2025Sale recordS$1,160,000(2,072 psf)
Apr 2024Sale recordS$1,575,000(1,663.5 psf)
Jan 2024Sale recordS$1,780,000(2,017 psf)
Jan 2023Sale recordS$1,765,000(2,000 psf)
Nov 2022Sale recordS$1,548,000(1,483 psf)
Recent sale records5
Recent rental records134
Tenure / TOPFreehold / 2005