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Total Transactions
49
Average Price
S5.3M
Total Value
S261.0M
Calculating fair value from URA transaction data…


License: L3009201D
Automated Valuation based on 37 URA transactions · 8 outliers removed (IQR)
Fair Value
S$5.79M
S$1,948 psf
Asking Price
S$6.38M
S$2,147 psf
vs Market
+10.3%
vs Last Done
+4.7%
Tenure
84 yrs
99-year Leasehold · Balance remaining
Confidence
High
37 comps
Nearest MRT
HarbourFront
3331m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
37 comparable transactions
S$2,058
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.611
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,948
Recent Comparable Transactions
10 shown · 37 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | COVE WAY Floor 06-10 | 3,380sqft | S$6,929,000 | ▲S$2,050 +5.2% vs FV | 99 yrs lease commencing from 2007 |
Jul 2025 | COVE WAY Floor 06-10 | 3,380sqft | S$6,929,000 | ▲S$2,050 +5.2% vs FV | 99 yrs lease commencing from 2007 |
May 2025 | COVE WAY Floor 01-05 | 2,174sqft | S$4,483,000 | ▲S$2,062 +5.9% vs FV | 99 yrs lease commencing from 2007 |
Dec 2024 | COVE WAY Floor 01-05 | 2,174sqft | S$4,530,000 | ▲S$2,083 +6.9% vs FV | 99 yrs lease commencing from 2007 |
Dec 2024 | COVE WAY Floor 06-10 | 2,174sqft | S$3,980,000 | ▼S$1,830 -6.1% vs FV | 99 yrs lease commencing from 2007 |
May 2024 | COVE WAY Floor 06-10 | 2,164sqft | S$4,480,000 | ▲S$2,071 +6.3% vs FV | 99 yrs lease commencing from 2007 |
May 2024 | COVE WAY Floor 01-05 | 2,680sqft | S$5,050,000 | ▼S$1,884 -3.3% vs FV | 99 yrs lease commencing from 2007 |
Dec 2023 | COVE WAY Floor 06-10 | 2,174sqft | S$4,110,000 | ▼S$1,890 -3.0% vs FV | 99 yrs lease commencing from 2007 |
Sep 2023 | COVE WAY Floor 06-10 | 2,669sqft | S$5,847,000 | ▲S$2,190 +12.4% vs FV | 99 yrs lease commencing from 2007 |
Aug 2023 | COVE WAY Floor 06-10 | 2,174sqft | S$4,461,000 | ▲S$2,052 +5.3% vs FV | 99 yrs lease commencing from 2007 |
Jul 2023 | COVE WAY Floor 06-10 | 2,852sqft | S$6,374,500 | ▲S$2,235 +14.7% vs FV | 99 yrs lease commencing from 2007 |
COVE WAY
Jul 2025 · Floor 06-10
+5.2% vs FV
COVE WAY
Jul 2025 · Floor 06-10
+5.2% vs FV
COVE WAY
May 2025 · Floor 01-05
+5.9% vs FV
COVE WAY
Dec 2024 · Floor 01-05
+6.9% vs FV
COVE WAY
Dec 2024 · Floor 06-10
-6.1% vs FV
COVE WAY
May 2024 · Floor 06-10
+6.3% vs FV
COVE WAY
May 2024 · Floor 01-05
-3.3% vs FV
COVE WAY
Dec 2023 · Floor 06-10
-3.0% vs FV
COVE WAY
Sep 2023 · Floor 06-10
+12.4% vs FV
COVE WAY
Aug 2023 · Floor 06-10
+5.3% vs FV
COVE WAY
Jul 2023 · Floor 06-10
+14.7% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.