Kovan Close, Kovan, North-east Region, Singapore
$4,800,000






















Beautifully renovated 3-storey freehold home with over $400,000 spent on architect design and upgrades truly move-in ready. Ideal for families who love space, comfort, and convenience. Unit Details * Freehold Terrace Home * Built-up: Approx 3,000 sqft * Land Size: 1,798 sqft * $400K architect renovation, tasteful, modern design * Move-in condition, just bring your luggage * 5 spacious bedrooms + huge living & dining area * Open sky views with bright, airy interiors * EV charging ready * 3-storey structure (no A&A required) Transports: Kovan MRT (NE13) | 0.76KM <500m to 3 bus stops direct routes to Kovan & Hougang MRT Easy access to Upper Serangoon & major expressways Shopping Malls: Heartland Mall | 1.0KM NEX | 1.7KM Hougang 1 | 2.7KM Kang Kar Mall | 2.9KM Hougang Mall | 3.0KM Groceries: Prime Supermarket @ 159A Hougang St 11 | 0.75KM FairPrice Finest @ 202 Hougang St 21 | 0.85KM Cold Storage @ Heartland Mall | 1.0KM Eateries: Kovan Market & Food Centre | 1.1KM Food Republic @ NEX | 1.7KM Primary Schools: Paya Lebar Methodist Girls' School (Primary) | 1.0KM Maris Stella High School | 2.0KM Holy Innocents' Primary School | 2.0KM Xinmin Primary School | 2.0KM Rosyth School | 2.0KM Secondary Schools: Paya Lebar Methodist Girls' Secondary School | 1.2KM Peicai Secondary School | 1.6KM Yuying Secondary School | 1.7KM A rare D19 landed home combining space, design and unbeatable convenience perfect for multi-generation living! For viewing arrangements, kindly contact our Listing Managers Yu Rong @ 8.6.1.4.0.3.8.8 PLB Realty
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Total Transactions
4
Average Price
S3.5M
Total Value
S14.0M
Calculating fair value from URA transaction data…
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Automated Valuation based on 50 HDB resale transactions (data.gov.sg)
Fair Value
S$1.77M
S$590 psf
Asking Price
S$4.80M
S$1,600 psf
vs Market
+171.2%
vs Last Done
+179.2%
Tenure
59 yrs
99-year Leasehold · Balance remaining
Confidence
High
50 comps
Nearest MRT
Kovan
405m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
50 comparable transactions
S$667
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.843
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$590
Recent Comparable Transactions
10 shown · 50 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 04 TO 06 | 1,615sqft | S$925,000 | ▼S$573 -2.9% vs FV | 99yr from 1986 |
May 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 04 TO 06 | 1,615sqft | S$925,000 | ▼S$573 -2.9% vs FV | 99yr from 1986 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +12.2% vs FV | 99yr from 1989 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +28.3% vs FV | 99yr from 1986 |
Jan 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,615sqft | S$888,000 | ▼S$550 -6.8% vs FV | 99yr from 1986 |
Dec 2025 | Blk 321 SERANGOON AVE 2 Floor 04 TO 06 | 1,582sqft | S$1,200,000 | ▲S$758 +28.5% vs FV | 99yr from 1986 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +27.3% vs FV | 99yr from 1989 |
Nov 2025 | Blk 319 SERANGOON AVE 2 Floor 10 TO 12 | 1,572sqft | S$1,198,000 | ▲S$762 +29.2% vs FV | 99yr from 1985 |
Sep 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,572sqft | S$1,195,000 | ▲S$760 +28.8% vs FV | 99yr from 1986 |
Sep 2025 | Blk 318 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,050,000 | ▲S$668 +13.2% vs FV | 99yr from 1985 |
Aug 2025 | Blk 125 SERANGOON NTH AVE 1 Floor 10 TO 12 | 1,668sqft | S$975,000 | ▼S$584 -1.0% vs FV | 99yr from 1986 |
Blk 125 SERANGOON NTH AVE 1
May 2026 · Floor 04 TO 06
-2.9% vs FV
Blk 125 SERANGOON NTH AVE 1
May 2026 · Floor 04 TO 06
-2.9% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+12.2% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+28.3% vs FV
Blk 125 SERANGOON NTH AVE 1
Jan 2026 · Floor 01 TO 03
-6.8% vs FV
Blk 321 SERANGOON AVE 2
Dec 2025 · Floor 04 TO 06
+28.5% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+27.3% vs FV
Blk 319 SERANGOON AVE 2
Nov 2025 · Floor 10 TO 12
+29.2% vs FV
Blk 321 SERANGOON AVE 2
Sep 2025 · Floor 07 TO 09
+28.8% vs FV
Blk 318 SERANGOON AVE 2
Sep 2025 · Floor 01 TO 03
+13.2% vs FV
Blk 125 SERANGOON NTH AVE 1
Aug 2025 · Floor 10 TO 12
-1.0% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Serangoon, with a remaining lease of 59 years, stands at an estimated value of $1,770,191, translating to $590 PSF. This valuation is strikingly positioned above the market average, with a notable 171.2% difference from the baseline. Such a substantial premium indicates strong demand for executive HDB properties in this vibrant residential enclave, driven by the area's strategic location and robust amenities.
Our analysis, grounded in data from 50 recent HDB resale transactions in the vicinity, reinforces a high model confidence level. The sustained interest in properties like this one reflects not only the intrinsic value offered by the remaining lease but also the broader market dynamics at play. Buyers are increasingly drawn to the potential long-term appreciation of HDB assets, particularly in well-established neighborhoods like Serangoon, which continues to attract families and investors alike due to its accessibility and community-centric environment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.