Kovan Close, Kovan, North-east Region, Singapore
$4,800,000






















Beautifully renovated 3-storey freehold home with over $400,000 spent on architect design and upgrades truly move-in ready. Ideal for families who love space, comfort, and convenience. Unit Details * Freehold Terrace Home * Built-up: Approx 3,000 sqft * Land Size: 1,798 sqft * $400K architect renovation, tasteful, modern design * Move-in condition, just bring your luggage * 5 spacious bedrooms + huge living & dining area * Open sky views with bright, airy interiors * EV charging ready * 3-storey structure (no A&A required) Transports: Kovan MRT (NE13) | 0.76KM <500m to 3 bus stops direct routes to Kovan & Hougang MRT Easy access to Upper Serangoon & major expressways Shopping Malls: Heartland Mall | 1.0KM NEX | 1.7KM Hougang 1 | 2.7KM Kang Kar Mall | 2.9KM Hougang Mall | 3.0KM Groceries: Prime Supermarket @ 159A Hougang St 11 | 0.75KM FairPrice Finest @ 202 Hougang St 21 | 0.85KM Cold Storage @ Heartland Mall | 1.0KM Eateries: Kovan Market & Food Centre | 1.1KM Food Republic @ NEX | 1.7KM Primary Schools: Paya Lebar Methodist Girls' School (Primary) | 1.0KM Maris Stella High School | 2.0KM Holy Innocents' Primary School | 2.0KM Xinmin Primary School | 2.0KM Rosyth School | 2.0KM Secondary Schools: Paya Lebar Methodist Girls' Secondary School | 1.2KM Peicai Secondary School | 1.6KM Yuying Secondary School | 1.7KM A rare D19 landed home combining space, design and unbeatable convenience perfect for multi-generation living! For viewing arrangements, kindly contact our Listing Managers Yu Rong @ 8.6.1.4.0.3.8.8 PLB Realty
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Total Transactions
4
Average Price
S3.5M
Total Value
S14.0M
Calculating fair value from URA transaction data…
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Automated Valuation based on 50 HDB resale transactions (data.gov.sg)
Fair Value
S$1.77M
S$590 psf
Asking Price
S$4.80M
S$1,600 psf
vs Market
+171.2%
vs Last Done
+179.2%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
High
50 comps
Nearest MRT
Kovan
405m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
50 comparable transactions
S$667
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$590
Recent Comparable Transactions
10 shown · 50 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 04 TO 06 | 1,615sqft | S$925,000 | ▼S$573 -2.9% vs FV | 99yr from 1986 |
May 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 04 TO 06 | 1,615sqft | S$925,000 | ▼S$573 -2.9% vs FV | 99yr from 1986 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +12.2% vs FV | 99yr from 1989 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +28.3% vs FV | 99yr from 1986 |
Jan 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,615sqft | S$888,000 | ▼S$550 -6.8% vs FV | 99yr from 1986 |
Dec 2025 | Blk 321 SERANGOON AVE 2 Floor 04 TO 06 | 1,582sqft | S$1,200,000 | ▲S$758 +28.5% vs FV | 99yr from 1986 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +27.3% vs FV | 99yr from 1989 |
Nov 2025 | Blk 319 SERANGOON AVE 2 Floor 10 TO 12 | 1,572sqft | S$1,198,000 | ▲S$762 +29.2% vs FV | 99yr from 1985 |
Sep 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,572sqft | S$1,195,000 | ▲S$760 +28.8% vs FV | 99yr from 1986 |
Sep 2025 | Blk 318 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,050,000 | ▲S$668 +13.2% vs FV | 99yr from 1985 |
Aug 2025 | Blk 125 SERANGOON NTH AVE 1 Floor 10 TO 12 | 1,668sqft | S$975,000 | ▼S$584 -1.0% vs FV | 99yr from 1986 |
Blk 125 SERANGOON NTH AVE 1
May 2026 · Floor 04 TO 06
-2.9% vs FV
Blk 125 SERANGOON NTH AVE 1
May 2026 · Floor 04 TO 06
-2.9% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+12.2% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+28.3% vs FV
Blk 125 SERANGOON NTH AVE 1
Jan 2026 · Floor 01 TO 03
-6.8% vs FV
Blk 321 SERANGOON AVE 2
Dec 2025 · Floor 04 TO 06
+28.5% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+27.3% vs FV
Blk 319 SERANGOON AVE 2
Nov 2025 · Floor 10 TO 12
+29.2% vs FV
Blk 321 SERANGOON AVE 2
Sep 2025 · Floor 07 TO 09
+28.8% vs FV
Blk 318 SERANGOON AVE 2
Sep 2025 · Floor 01 TO 03
+13.2% vs FV
Blk 125 SERANGOON NTH AVE 1
Aug 2025 · Floor 10 TO 12
-1.0% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Serangoon, priced at an estimated $1,770,191 ($590 PSF), indicates a robust market signal, standing at a remarkable 171.2% above the established baseline. This significant premium suggests that the property is not only highly sought after but also reflects a resilient demand within the Serangoon area, which is known for its strategic location and comprehensive amenities. The remaining lease of 59 years is a critical factor in this valuation, as it provides potential buyers with a substantial duration before lease expiry, thereby enhancing the property’s attractiveness.
Our analysis is backed by a high model confidence level, supported by data from 50 recent HDB resale transactions in the vicinity. This empirical evidence underscores the sustained interest in HDB properties within Serangoon, driven by a blend of demographic trends and urban development. Such a premium in pricing suggests that buyers are willing to overlook the shorter lease term in favor of the location's overall livability and potential for future appreciation. Investors and homeowners alike should consider these dynamics when assessing the property market in this vibrant neighborhood.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.