Highland Close, Kovan, North-east Region, Singapore
$7,200,000
PROPNEX EMINENCE LANDED TEAM ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Reno 3 Storey Semi-D @ French Colonial styled semi D / Kovan Estate / Kovan MRT - Tenure : Freehold - Land : 2448 sqft - Build : 4500 sqft - Facing : SW - Rooms : 4 + 0 + 1 - Ensuite : 3 - Bath : 5 - is a beautifully designed Tuscan styled landed residence nestled within the tranquil Highland Road enclave in District 19. This aesthetic home blends timeless Mediterranean charm with modern comfort, creating an Insta worthy space that is both elegant and welcoming. Thoughtfully planned with a functional layout, the home features generous living and dining areas, bright natural light filled spaces and seamless indoor outdoor flow ideal for both entertaining and everyday family living. - Designed with multigenerational families in mind, the house offers spacious bedrooms with ensuite bathrooms, multiple family zones and flexible spaces for work, relaxation or extended family living. Architectural details such as warm textures, graceful arches and carefully curated finishes create a distinctive Tuscan inspired ambience while maintaining practical livability. - Residents will appreciate the exceptional convenience of being close to Kovan MRT Station, making commuting to the city effortless. Just minutes away is Heartland Mall Kovan, a vibrant neighbourhood mall with supermarkets, eateries, cafes and daily essentials. The surrounding Kovan area is a well established mature estate known for its strong community atmosphere, food options and lifestyle amenities. - Families will also benefit from proximity to reputable schools. Within 1km is Paya Lebar Methodist Girls' School (Primary) while nearby options include Zhonghua Primary School and Xinghua Primary School making the location highly desirable for families prioritising school accessibility. Highland Close Highland Road Highland Avenue Richards Avenue Simon Road Simon Place
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Total Transactions
30
Average Price
S2.0M
Total Value
S59.2M
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$3.19M
S$710 psf
Asking Price
S$7.20M
S$2,941 psf
vs Market
+125.5%
vs Last Done
+344.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
700m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
116 comparable transactions
S$663
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$710
Recent Comparable Transactions
10 shown · 116 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.8% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.8% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +5.8% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +5.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +6.6% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -1.5% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▼S$686 -3.4% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▼S$636 -10.4% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +8.0% vs FV | 99yr from 1989 |
May 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 04 TO 06 | 1,615sqft | S$925,000 | ▼S$573 -19.3% vs FV | 99yr from 1986 |
Apr 2026 | Blk 232A SERANGOON AVE 2 Floor 10 TO 12 | 1,518sqft | S$1,130,000 | ▲S$745 +4.9% vs FV | 99yr from 1998 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.8% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.8% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+5.8% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+5.4% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+6.6% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-1.5% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
-3.4% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
-10.4% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+8.0% vs FV
Blk 125 SERANGOON NTH AVE 1
May 2026 · Floor 04 TO 06
-19.3% vs FV
Blk 232A SERANGOON AVE 2
Apr 2026 · Floor 10 TO 12
+4.9% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Serangoon, with a remaining lease of 75 years, stands at an impressive estimated value of $3,193,040, translating to a price per square foot (PSF) of $710. This valuation reflects a significant market signal, indicating a premium of 125.5% above the baseline, suggesting that this property is highly sought after within the current real estate landscape.
Such a robust valuation is underpinned by the strong demand dynamics observed in the Serangoon area, where recent resale transactions have been analyzed. The model confidence in this assessment is categorized as high, based on an extensive review of 116 recent HDB resale transactions in the vicinity. This data highlights not only the desirability of HDB flats in Serangoon but also the resilience of the market, particularly for properties with favorable lease terms and amenities. Buyers are increasingly recognizing the value of long-term leasehold properties, and this is reflected in the competitive pricing that exceeds market expectations.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.