Phillips Avenue, Kovan, North-east Region, Singapore
$4,800,000
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Total Transactions
3
Average Price
S1.2M
Total Value
S3.5M
Calculating fair value from URA transaction data…
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Automated Valuation based on 116 HDB resale transactions (data.gov.sg)
Fair Value
S$1.01M
S$708 psf
Asking Price
S$4.80M
S$1,502 psf
vs Market
+373.2%
vs Last Done
+84.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
732m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
116 comparable transactions
S$661
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$708
Recent Comparable Transactions
10 shown · 116 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +15.1% vs FV | 99yr from 1998 |
Feb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +15.1% vs FV | 99yr from 1998 |
Dec 2025 | Blk 234A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,082,888 | ▲S$719 +1.6% vs FV | 99yr from 1998 |
Jun 2025 | Blk 232A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,000,000 | ▼S$664 -6.2% vs FV | 99yr from 1998 |
Oct 2024 | Blk 236A SERANGOON AVE 2 Floor 07 TO 09 | 1,507sqft | S$1,180,000 | ▲S$783 +10.6% vs FV | 99yr from 1998 |
Jul 2024 | Blk 234A SERANGOON AVE 2 Floor 04 TO 06 | 1,518sqft | S$1,003,000 | ▼S$661 -6.6% vs FV | 99yr from 1998 |
Jul 2024 | Blk 236A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,238,000 | ▲S$822 +16.1% vs FV | 99yr from 1998 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 0.0% vs FV | 99yr from 1992 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.5% vs FV | 99yr from 1989 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +4.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -13.7% vs FV | 99yr from 1992 |
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+15.1% vs FV
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+15.1% vs FV
Blk 234A SERANGOON AVE 2
Dec 2025 · Floor 01 TO 03
+1.6% vs FV
Blk 232A SERANGOON AVE 2
Jun 2025 · Floor 01 TO 03
-6.2% vs FV
Blk 236A SERANGOON AVE 2
Oct 2024 · Floor 07 TO 09
+10.6% vs FV
Blk 234A SERANGOON AVE 2
Jul 2024 · Floor 04 TO 06
-6.6% vs FV
Blk 236A SERANGOON AVE 2
Jul 2024 · Floor 16 TO 18
+16.1% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
0.0% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+4.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-13.7% vs FV
HELIOS AI Analysis
The HDB Executive property located in Serangoon, with a remaining lease of 75 years, has been assigned an estimated value of $1,014,412, equating to $708 per square foot. This valuation signals a strong market position, as it is positioned significantly above the market baseline, reflecting a substantial 373.2% difference. Such a premium valuation indicates robust demand for executive HDBs in the Serangoon district, driven by a combination of location desirability, amenities, and overall market sentiment.
Based on an extensive analysis of 116 recent HDB resale transactions in the vicinity, the model confidence in this valuation is rated as high. This level of confidence suggests that the property not only benefits from its physical attributes but is also bolstered by favorable market dynamics, including a limited supply of similar units and strong buyer interest. Investors and homeowners seeking to enter the Serangoon market should consider this valuation as a reflection of the current competitive landscape, where well-maintained properties with extended leases are increasingly sought after.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.