Palm Grove Avenue, Kovan, North-east Region, Singapore
$3,790,000
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Total Transactions
7
Average Price
S2.4M
Total Value
S16.5M
Calculating fair value from URA transaction data…
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Automated Valuation based on 266 URA transactions · 5 outliers removed (IQR)
Fair Value
S$5.88M
S$1,846 psf
Asking Price
S$3.79M
S$1,190 psf
vs Market
-35.5%
vs Last Done
+32.2%
Tenure
Freehold
No lease decay
Confidence
High
266 comps
Nearest MRT
Kovan
789m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
266 comparable transactions
S$1,827
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,846
Recent Comparable Transactions
10 shown · 266 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2021 | PALM GROVE AVENUE Floor - | 2,863sqft | S$2,578,000 | ▼S$900 -51.2% vs FV | 999 yrs lease commencing from 1878 |
Nov 2021 | PALM GROVE AVENUE Floor - | 2,863sqft | S$2,578,000 | ▼S$900 -51.2% vs FV | 999 yrs lease commencing from 1878 |
Sep 2021 | PALM GROVE AVENUE Floor - | 2,949sqft | S$2,630,000 | ▼S$892 -51.7% vs FV | 999 yrs lease commencing from 1878 |
Aug 2021 | PALM GROVE AVENUE Floor - | 2,863sqft | S$2,180,000 | ▼S$761 -58.8% vs FV | 999 yrs lease commencing from 1878 |
Aug 2025 | RICHARDS PLACE Floor - | 3,379sqft | S$4,250,000 | ▼S$1,258 -31.9% vs FV | Freehold |
Aug 2025 | RICHARDS PLACE Floor - | 3,379sqft | S$4,250,000 | ▼S$1,258 -31.9% vs FV | Freehold |
Aug 2025 | KOVAN ROAD Floor - | 2,271sqft | S$2,550,000 | ▼S$1,123 -39.2% vs FV | Freehold |
Aug 2025 | KOVAN ROAD Floor - | 2,271sqft | S$2,550,000 | ▼S$1,123 -39.2% vs FV | Freehold |
Jul 2025 | JALAN SAHABAT Floor - | 2,737sqft | S$4,730,000 | ▼S$1,728 -6.4% vs FV | Freehold |
Jul 2025 | JALAN SAHABAT Floor - | 2,737sqft | S$4,730,000 | ▼S$1,728 -6.4% vs FV | Freehold |
Jul 2025 | RICHARDS PLACE Floor - | 2,232sqft | S$4,900,000 | ▲S$2,195 +18.9% vs FV | Freehold |
PALM GROVE AVENUE
Nov 2021 · Floor -
-51.2% vs FV
PALM GROVE AVENUE
Nov 2021 · Floor -
-51.2% vs FV
PALM GROVE AVENUE
Sep 2021 · Floor -
-51.7% vs FV
PALM GROVE AVENUE
Aug 2021 · Floor -
-58.8% vs FV
RICHARDS PLACE
Aug 2025 · Floor -
-31.9% vs FV
RICHARDS PLACE
Aug 2025 · Floor -
-31.9% vs FV
KOVAN ROAD
Aug 2025 · Floor -
-39.2% vs FV
KOVAN ROAD
Aug 2025 · Floor -
-39.2% vs FV
JALAN SAHABAT
Jul 2025 · Floor -
-6.4% vs FV
JALAN SAHABAT
Jul 2025 · Floor -
-6.4% vs FV
RICHARDS PLACE
Jul 2025 · Floor -
+18.9% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.