Simon Place, Kovan, North-east Region, Singapore
$6,900,000
Exclusive 2-Storey Corner Terrace Huge Land Size 3930 sqft Freehold 11mins to Kovan MRT (Google Map) Can park up to 3 cars for current layout Parking available outside front gate Automated Gate installed Immediate Availability Quiet Street Original Condition, Suitable for Rebuild or Major Renovation Empty Canvas for Designing your Dream House Possible for Side/Back Lap Pool Close Proximity to Heartland Mall, Cold Storage, Hawker Centre, NTUC FairPrice, Eateries, McDonald's and many more! Schools within 1km: Xinghua Primary School Xinmin Primary School Schools between 1km and 2km: CHIJ Our Lady of the Nativity Holy Innocents' Primary School Hougang Primary School Montfort Junior School Paya Lebar Methodist Girls' School (Primary) Punggol Primary School Rosyth School Yio Chu Kang Primary School Zhonghua Primary School Call Albert 9615-5737 & Jillien 9106-7663 now for viewing! We will try our best to fit your preferred viewing time.
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Total Transactions
4
Average Price
S3.4M
Total Value
S13.5M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$1.90M
S$729 psf
Asking Price
S$6.90M
S$1,756 psf
vs Market
+263.9%
vs Last Done
+165.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
388m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
232 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
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$729
Recent Comparable Transactions
10 shown · 232 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 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +3.0% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +3.0% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +2.6% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +2.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -4.1% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -4.1% vs FV | 99yr from 1989 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+3.0% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+3.0% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+2.6% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+2.6% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+3.8% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+3.8% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
HELIOS AI Analysis
In the dynamic landscape of Singapore's residential real estate, the valuation of the HDB Executive unit in Serangoon presents a compelling case for both investors and prospective homeowners. With an estimated value of $1,895,980, equating to $729 PSF, this property sits significantly above the market baseline, reflecting a remarkable 263.9% difference. Such a substantial premium underscores not only the desirability of the Serangoon area but also the robust demand for HDB properties with extended leases, as this unit boasts a remaining lease of 75 years.
The high model confidence associated with this valuation is bolstered by comprehensive market analysis, drawing insights from 232 recent HDB resale transactions in the vicinity. This data illustrates a vibrant real estate environment, characterized by strong buyer interest and competitive pricing. The elevated price point signals a strategic opportunity for discerning investors looking to capitalize on the enduring appeal of HDB living, particularly in sought-after locales such as Serangoon, where accessibility and community amenities continue to enhance property values.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.