Simon Lane, Kovan, North-east Region, Singapore
$6,500,000
Brand New 3.5 Storey Inter-Terrace with Private Lift in Kovan Area – Just Bring Your Luggage Will Do! Freehold | Regular Land Size | Quiet & Serene Environment | Close to Kovan MRT & Many Eateries | District 19 ⸻ Property Highlights • Land Size: Approx. 1,600 sqft • Built-Up Area: Approx. 5,110 sqft • Bedrooms: 6 • Bathrooms: 7 • Frontage: ~6.1m | Depth: ~24m • Main Door Facing: South East • Parking: Park 1 car inside; ample space for more outside • Tenure: Freehold ⸻ Layout Overview 1st Storey: • Car Porch • Living Room • Dining Area • Dry Kitchen • Wet Kitchen • Household Shelter • Bathroom 1 • Helper’s room • Yard • Private Lift 2nd Storey: • Balcony • Master Bedroom Ensuite • Bedroom 2 Ensuite • Common Area • Private Lift 3rd Storey: • Bedroom 3 Ensuite • Bedroom 4 Ensuite • Common Area • Private Lift 3rd Storey Mezzaine: • Bedroom 5 Ensuite • Common Area • Private Lift Attic Storey: • Bedroom 6 Ensuite • 2 Balcony • Family Area • Private Lift ⸻ Nearby Amenities Primary Schools within 1km: • Holy Innocents' Primary School • Xinghua Primary School • Xinmin Primary School MRT Stations Nearby: • Kovan MRT (NE13, North East Line) ⸻ Contact Mak Hui Lyn at 9834.3123 for an exclusive viewing today! Disclaimer: The information provided in this advertisement is for general informational purposes only and does not constitute an offer, contract, or guarantee of any kind. All property details, including but not limited to prices, availability, specifications, and features, are subject to change without prior notice. Images, floor plans, and descriptions are for illustrative purposes only and may differ from the actual property. Buyers and tenants are encouraged to conduct their own due diligence and verify all information with the developer, seller, or relevant authorities before making any decisions. The advertiser assumes no liability for any inaccuracies, errors, or omissions in this listing.
Loading map...
Total Transactions
5
Average Price
S3.6M
Total Value
S18.2M
Calculating fair value from URA transaction data…


License: L3009250K
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$3.73M
S$729 psf
Asking Price
S$6.50M
S$4,062 psf
vs Market
+74.4%
vs Last Done
+473.7%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
460m away · +5% 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
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$729
Recent Comparable Transactions
10 shown · 232 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% vs FV | 99yr from 1992 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% vs FV | 99yr from 1992 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% vs FV | 99yr from 1992 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -16.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +1.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,240,000 | ▲S$784 +7.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 542 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$1,040,000 | ▼S$648 -11.1% vs FV | 99yr from 1992 |
Mar 2026 | Blk 542 SERANGOON NTH AVE 4 Floor 01 TO 03 | 1,582sqft | S$1,010,000 | ▼S$638 -12.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -16.2% vs FV | 99yr from 1992 |
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-16.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+1.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+7.5% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-11.1% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 01 TO 03
-12.5% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-16.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Serangoon, set at an estimated value of $3,726,330 or $729 per square foot, indicates a robust market position, significantly above the baseline by 74.4%. This premium valuation is reflective of the property’s strategic location and the inherent demand for executive HDB units in the vicinity, which have consistently demonstrated resilience in a fluctuating market. With a remaining lease of 75 years, this property benefits from ample tenure, appealing to both investors and owner-occupiers seeking long-term stability.
Analyzing the broader market dynamics, the confidence in this valuation is bolstered by a comprehensive review of 232 recent HDB resale transactions in the area, which provide a solid empirical foundation for this assessment. The strong market signal suggests that buyers are willing to pay a premium for well-located and well-maintained properties, particularly in established neighborhoods like Serangoon. As demand continues to outstrip supply in key regions, this HDB Executive unit not only represents a sound investment but also an opportunity to capitalize on the evolving landscape of Singapore's residential real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.