Palm Grove Avenue, Kovan, North-east Region, Singapore
$5,980,000
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Total Transactions
30
Average Price
S2.0M
Total Value
S59.2M
Calculating fair value from URA transaction data…


License: L3009250K
Automated Valuation based on 2790 URA transactions · 60 outliers removed (IQR)
Fair Value
S$6.98M
S$1,494 psf
Asking Price
S$5.98M
S$3,419 psf
vs Market
-14.3%
Confidence
High
2790 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2790 comparable transactions
S$1,494
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
0%
Adjusted Fair Value PSF
S$1,494
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | TERRASSE LANE | 850 | S$1,355,000 | S$1,593 |
| 2025-08 | POH HUAT ROAD WEST | 1,496 | S$1,818,000 | S$1,215 |
| 2025-08 | PARK VILLAS GREEN | 3,142 | S$3,600,000 | S$1,146 |
| 2025-08 | SERANGOON NORTH AVENUE 1 | 850 | S$1,560,000 | S$1,835 |
| 2025-08 | SERANGOON NORTH AVENUE 1 | 2,336 | S$3,260,000 | S$1,396 |
Showing 5 most recent transactions from 2790 total comparables used in valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.