Simon Place, Kovan, North-east Region, Singapore
$2,720,000
A serene home with pool, gym and playground, offering privacy while keeping you close to what matters—MRT, amenities, dining and Hougang Stadium. A rare opportunity for space, convenience and comfort in one address. - Address: Sovereign @ Simon - Bedrooms: 4 ensuite bedrooms - Land Size: 2,228 sqft - Communal facilities: Pool, kids’ playground, gym - Near MRT, amenities, F&B, and Hougang Stadium - Freehold strata landed; private yet well-connected Schools Nearby - Anderson Serangoon Junior College (0.46km) - Xinmin Primary School (0.7km) - Xinmin Secondary School (0.79km) - Bowen Secondary School (0.8km) - Multiple preschools and kindergartens within 1km MRT/LRT - Kovan MRT (0.64km) Serious Buyers Only Exclusive listing Ready to view? Contact LAWRENCE PHUA at 8833XXXX for a private appointment and full details. Ready to view? Contact LAWRENCE PHUA at 8833XXXX for a private appointment and full details.
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Total Transactions
2
Average Price
S2.9M
Total Value
S5.8M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$1.58M
S$708 psf
Asking Price
S$2.72M
S$1,221 psf
vs Market
+72.3%
vs Last Done
+84.4%
Tenure
82 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
646m away · +2% 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
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$708
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 -6.5% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.5% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.5% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +6.1% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +6.1% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +5.6% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +5.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +6.9% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +6.9% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -1.3% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -1.3% vs FV | 99yr from 1989 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+6.1% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+6.1% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+5.6% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+5.6% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+6.9% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+6.9% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-1.3% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-1.3% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive flat in Serangoon, with an estimated value of $1,578,289, reflects a significant market signal that is notably above the baseline, exhibiting a 72.3% difference. This elevated valuation is underpinned by the remaining lease of 82 years, which positions the property favorably in the eyes of potential buyers who are increasingly prioritizing longevity in their investments. The strong demand for HDB properties in this desirable district is a critical factor contributing to this premium price point.
With a price per square foot (PSF) of $708, the valuation demonstrates a robust market confidence, substantiated by a comprehensive analysis of 232 recent HDB resale transactions in the vicinity. The high model confidence rating suggests that the data and trends are reliable, reinforcing the potential for appreciation in property value. As the real estate landscape continues to evolve, the Serangoon area remains a sought-after locale, driven by its strategic location, amenities, and community appeal, which further solidifies its standing in the competitive HDB market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.