Simon Lane, Kovan, North-east Region, Singapore
$5,000,000
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Total Transactions
32
Average Price
S1.6M
Total Value
S50.4M
Calculating fair value from URA transaction data…


License: L3008899K
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Automated Valuation based on 115 HDB resale transactions (data.gov.sg)
Fair Value
S$2.19M
S$729 psf
Asking Price
S$5.00M
S$1,854 psf
vs Market
+128.7%
vs Last Done
+180.1%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
115 comps
Nearest MRT
Kovan
260m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
115 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 · 115 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 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 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +3.0% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +2.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -4.1% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▼S$686 -5.9% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▼S$636 -12.8% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +5.2% vs FV | 99yr from 1989 |
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 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -16.2% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+3.0% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+2.6% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+3.8% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
-5.9% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
-12.8% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+5.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+1.2% 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 located in Serangoon reflects a robust market performance, with an estimated value of $2,186,335 or $729 PSF. This valuation is notably above the market baseline, indicating a substantial premium of 128.7%. The strong market signal suggests that this property has outperformed typical expectations for HDB transactions in the region, highlighting the desirability of the Serangoon area.
With a remaining lease of 75 years, this HDB Executive unit stands out not only for its valuation but also for its longevity, which is a crucial factor in the Singapore real estate market. The high model confidence, supported by 115 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. The sustained interest in Serangoon, combined with a diminishing supply of larger HDB units, further amplifies the competitive edge of this property, making it an attractive option for discerning buyers seeking both value and a strategic investment in Singapore's dynamic housing landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.