Simon Place, Kovan, North-east Region, Singapore
$6,500,000
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Total Transactions
4
Average Price
S3.4M
Total Value
S13.5M
Calculating fair value from URA transaction data…


License: L3008022J
Automated Valuation based on 2682 URA transactions · 61 outliers removed (IQR)
Fair Value
S$7.93M
S$1,553 psf
Asking Price
S$6.50M
S$4,062 psf
vs Market
-18.1%
Confidence
High
2682 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2682 comparable transactions
S$1,553
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$1,553
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | TERRASSE LANE | 850 | S$1,355,000 | S$1,593 |
| 2025-08 | ROBEY CRESCENT | 517 | S$795,000 | S$1,539 |
| 2025-08 | LORONG 1 REALTY PARK | 1,874 | S$4,150,000 | S$2,214 |
| 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 |
Showing 5 most recent transactions from 2682 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.