Hong Lee Place, Kovan, North-east Region, Singapore
$4,380,000
Nestled within a quiet cul-de-sac at District 19, this freehold 3-storey inter-terrace offers a rare opportunity to own a home in a charming and tightly held enclave of only 38 houses. Enjoy a peaceful, low-traffic environment with exceptional privacy—ideal for families seeking a tranquil yet well-connected lifestyle. Set on a regular rectangular land plot of 1,615 sqft, the home enjoys no rear blockage, allowing for excellent natural light and ventilation. The frontage is thoughtfully positioned with no direct facing neighbour, further enhancing privacy—features that are increasingly rare in today’s landed market. With an estimated built-up of ~3,000 sqft, the home features a split-level living and dining concept that creates a clear separation of spaces. The spacious dining area comfortably accommodates a 10-seater, making it perfect for hosting and family gatherings. The property currently offers 3 very huge bedrooms, with flexibility to convert into a 4-bedroom layout, along with a helper’s room for added convenience. Located just next to Serangoon Stadium and only minutes to Serangoon MRT and NEX Shopping Mall, residents enjoy seamless connectivity and a wide array of amenities. The vibrant Serangoon Gardens enclave, known for its cafes and eateries, is also just a short drive away. Attractive Pricing – Rare Entry into Exclusive Enclave Priced at $4.38M, this home presents a compelling value proposition in today’s market. District 19 holds the record of being the highest resale transaction in Singapore, therefore demand is always high. Considering the FH tenure, efficient rectangular land, cul-de-sac enclave, and strong redevelopment potential, this property stands out as a well-balanced buy for both own-stay and long-term hold. Homes within such exclusive enclaves are rarely available—and even more rarely offered at a price point that still allows room for future upside.
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Total Transactions
8
Average Price
S1.2M
Total Value
S9.6M
Calculating fair value from URA transaction data…
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Automated Valuation based on 149 URA transactions
Fair Value
S$6.59M
S$2,198 psf
Asking Price
S$4.38M
S$2,712 psf
vs Market
-33.6%
vs Last Done
+17.2%
Tenure
Freehold
No lease decay
Confidence
High
149 comps
Nearest MRT
Serangoon
1097m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
149 comparable transactions
S$1,757
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
+2%
Adjusted Fair Value PSF
S$2,198
Recent Comparable Transactions
10 shown · 149 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | HIGHLAND ROAD Floor - | 1,828sqft | S$4,230,000 | ▲S$2,314 +5.3% vs FV | Freehold |
Jul 2025 | HIGHLAND ROAD Floor - | 1,828sqft | S$4,230,000 | ▲S$2,314 +5.3% vs FV | Freehold |
Jul 2025 | HIGHLAND ROAD Floor - | 1,828sqft | S$4,230,000 | ▲S$2,314 +5.3% vs FV | Freehold |
Jul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -28.8% vs FV | Freehold |
Jul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -28.8% vs FV | Freehold |
Jul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -28.8% vs FV | Freehold |
May 2025 | ST. HELIER'S AVENUE Floor - | 5,425sqft | S$7,100,000 | ▼S$1,309 -40.4% vs FV | Freehold |
May 2025 | ST. HELIER'S AVENUE Floor - | 5,425sqft | S$7,100,000 | ▼S$1,309 -40.4% vs FV | Freehold |
May 2025 | ST. HELIER'S AVENUE Floor - | 5,425sqft | S$7,100,000 | ▼S$1,309 -40.4% vs FV | Freehold |
May 2025 | HIGHLAND ROAD Floor - | 1,615sqft | S$4,180,000 | ▲S$2,589 +17.8% vs FV | Freehold |
May 2025 | HIGHLAND ROAD Floor - | 1,615sqft | S$4,180,000 | ▲S$2,589 +17.8% vs FV | Freehold |
HIGHLAND ROAD
Jul 2025 · Floor -
+5.3% vs FV
HIGHLAND ROAD
Jul 2025 · Floor -
+5.3% vs FV
HIGHLAND ROAD
Jul 2025 · Floor -
+5.3% vs FV
ROSYTH ROAD
Jul 2025 · Floor -
-28.8% vs FV
ROSYTH ROAD
Jul 2025 · Floor -
-28.8% vs FV
ROSYTH ROAD
Jul 2025 · Floor -
-28.8% vs FV
ST. HELIER'S AVENUE
May 2025 · Floor -
-40.4% vs FV
ST. HELIER'S AVENUE
May 2025 · Floor -
-40.4% vs FV
ST. HELIER'S AVENUE
May 2025 · Floor -
-40.4% vs FV
HIGHLAND ROAD
May 2025 · Floor -
+17.8% vs FV
HIGHLAND ROAD
May 2025 · Floor -
+17.8% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.