HomeBuyAll3RMD19 - Hougang / Punggol / SengkangSpazio @ Kovan3 Bed Condo for Sale in Spazio @ Kovan

3 Bed Condo for Sale in Spazio @ Kovan

767 Upper Serangoon Road 534635, Kovan, North-east Region, Singapore

$1,500,000

Added 4 months ago
Beds: 3Baths: 2Area: 1098 sqft
Good Deal· 6.0% below market
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IMAGES GALLERY

Property Details

Property IDKdv8Vbg7UtpJBcB5Uja7fj
PriceS$1,500,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area1098 sqft
PSF
S$1,366
Year Built2017
Furnished StatusPartially furnished

Description

Development Information

District & Area

D19 - Hougang

Nearest MRT

Serangoon MRT

Tenure

Freehold

TOP Date

1 January 2017

Project Size

Small (48 units)

48 units

Building Structure

1 Block, 5 Floors

Developer

Spazio Land Pte Ltd (Teambuild Land)

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Spazio @ Kovan has a total of 48 units, from 1 Bed - 1 Bath to 3 Bed - 3 Bath units. There are 34 types of floor plans from 420 sqft to 1,442 sqft.

Site Plan

Spazio @ Kovan has 1 block and up to 05 storeys.

Development Facilities
ParkingPool DeckSecuritySwimming Pool
About This Development

Spazio @ Kovan is a freehold Condo Apartment located in Hougang, District 19. Completed in 2017, it has a total of 1 blocks within the development and comprises a total of 48 units. It is within walking distance to MRT stations such as Serangoon MRT and Serangoon MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Spazio @ Kovan is also close to schools like Kidskingdom Pte Ltd, Paya Lebar Methodist Church Covenant Kindergarten and Braddell Heights Education Centre. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage - Serangoon NEX and Good Friends Supermarket for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Total EyeCare Center @ Kovan. Serangoon Central Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Community Garden, to enjoy some fresh air.

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Features & Amenities
Penthouse
Roof terrace
Bomb shelter
Parking
Swimming pool
Security
Pool deck
Greenery view

Location

767 Upper Serangoon Road 534635, Kovan, North-east Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

17

Average Price

S894K

Total Value

S15.2M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 16 URA transactions

Fair Value

S$1.60M

S$1,453 psf

Asking Price

S$1.50M

S$1,366 psf

vs Market

-6.0%

Good Deal

vs Last Done

-6.6%

Good Deal

Tenure

Freehold

No lease decay

Confidence

High

16 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Serangoon

781m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

16 comparable transactions

S$1,438

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,453

Recent Comparable Transactions

10 shown · 16 total
Last Done

UPPER SERANGOON ROAD

Jul 2024 · Floor 01-05

S$1,463 psf

+0.7% vs FV

646 sqftS$945,000Freehold

UPPER SERANGOON ROAD

Jul 2024 · Floor 01-05

S$1,463 psf

+0.7% vs FV

646 sqftS$945,000Freehold

UPPER SERANGOON ROAD

May 2024 · Floor 01-05

S$1,660 psf

+14.2% vs FV

506 sqftS$839,999Freehold

UPPER SERANGOON ROAD

May 2024 · Floor 01-05

S$1,101 psf

-24.2% vs FV

1,076 sqftS$1,185,000Freehold

UPPER SERANGOON ROAD

Apr 2024 · Floor 01-05

S$1,444 psf

-0.6% vs FV

678 sqftS$978,888Freehold

UPPER SERANGOON ROAD

Apr 2024 · Floor 01-05

S$1,731 psf

+19.1% vs FV

474 sqftS$820,000Freehold

UPPER SERANGOON ROAD

Nov 2023 · Floor 01-05

S$1,586 psf

+9.2% vs FV

560 sqftS$888,000Freehold

UPPER SERANGOON ROAD

Sep 2023 · Floor 01-05

S$1,646 psf

+13.3% vs FV

495 sqftS$815,000Freehold

UPPER SERANGOON ROAD

Mar 2023 · Floor 01-05

S$1,064 psf

-26.8% vs FV

1,023 sqftS$1,088,000Freehold

UPPER SERANGOON ROAD

Feb 2023 · Floor 01-05

S$1,348 psf

-7.2% vs FV

764 sqftS$1,030,000Freehold

UPPER SERANGOON ROAD

Aug 2022 · Floor 01-05

S$1,313 psf

-9.6% vs FV

624 sqftS$820,000Freehold
Below Fair Value
Above Fair Value
FV: S$1,453 psf

HELIOS AI Analysis

Based on 16 URA transactions (0 outliers removed), adjusted for: MRT Serangoon 781m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Jason Wong

Jason Wong

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 8868 xxxx
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