Glasgow Road, Kovan, North-east Region, Singapore
$5,680,000
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Total Transactions
8
Average Price
S3.9M
Total Value
S30.9M
Calculating fair value from URA transaction data…
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Automated Valuation based on 60 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$2.09M
S$608 psf
Asking Price
S$5.68M
S$2,289 psf
vs Market
+171.4%
vs Last Done
+245.8%
Tenure
64 yrs
99-year Leasehold · Balance remaining
Confidence
High
60 comps
Nearest MRT
Kovan
951m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
60 comparable transactions
S$652
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.914
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$608
Recent Comparable Transactions
10 shown · 60 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 +8.9% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +8.9% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +23.5% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +23.0% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +24.5% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▲S$699 +15.0% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▲S$686 +12.8% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▲S$636 +4.6% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +26.2% 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 +21.4% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▲S$611 +0.5% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+8.9% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+8.9% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+23.5% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+23.0% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+24.5% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
+15.0% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
+12.8% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
+4.6% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+26.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+21.4% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
+0.5% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Serangoon, with a remaining lease of 64 years, stands at an estimated value of $2,092,807, translating to a robust $608 per square foot (PSF). This valuation is positioned significantly above the market baseline, reflecting a striking 171.4% difference. Such a premium valuation indicates strong demand dynamics within the Serangoon area, which is characterized by its strategic location, accessibility, and vibrant community amenities. The high model confidence rating, based on an analysis of 60 recent HDB resale transactions in the vicinity, further reinforces the reliability of this valuation.
In the context of Singapore's housing landscape, the remaining lease of 64 years is crucial, as it provides a balance between long-term ownership and market appeal. Properties with similar lease durations often attract buyers seeking stability and potential for appreciation. The above-market valuation suggests that buyers are willing to invest significantly for this HDB Executive unit, reflecting not only its physical attributes but also the desirability of the Serangoon locale. The strong market signals present in this valuation indicate a competitive real estate environment, where properties are consistently commanding premiums due to their strategic advantages.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.