Phillips Avenue, Kovan, North-east Region, Singapore
$4,800,000
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Total Transactions
3
Average Price
S1.2M
Total Value
S3.5M
Calculating fair value from URA transaction data…
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Automated Valuation based on 116 HDB resale transactions (data.gov.sg)
Fair Value
S$1.01M
S$708 psf
Asking Price
S$4.80M
S$1,502 psf
vs Market
+373.2%
vs Last Done
+84.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
732m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
116 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
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$708
Recent Comparable Transactions
10 shown · 116 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +15.1% vs FV | 99yr from 1998 |
Feb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +15.1% vs FV | 99yr from 1998 |
Dec 2025 | Blk 234A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,082,888 | ▲S$719 +1.6% vs FV | 99yr from 1998 |
Jun 2025 | Blk 232A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,000,000 | ▼S$664 -6.2% vs FV | 99yr from 1998 |
Oct 2024 | Blk 236A SERANGOON AVE 2 Floor 07 TO 09 | 1,507sqft | S$1,180,000 | ▲S$783 +10.6% vs FV | 99yr from 1998 |
Jul 2024 | Blk 234A SERANGOON AVE 2 Floor 04 TO 06 | 1,518sqft | S$1,003,000 | ▼S$661 -6.6% vs FV | 99yr from 1998 |
Jul 2024 | Blk 236A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,238,000 | ▲S$822 +16.1% vs FV | 99yr from 1998 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 0.0% vs FV | 99yr from 1992 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.5% 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 +4.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -13.7% vs FV | 99yr from 1992 |
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+15.1% vs FV
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+15.1% vs FV
Blk 234A SERANGOON AVE 2
Dec 2025 · Floor 01 TO 03
+1.6% vs FV
Blk 232A SERANGOON AVE 2
Jun 2025 · Floor 01 TO 03
-6.2% vs FV
Blk 236A SERANGOON AVE 2
Oct 2024 · Floor 07 TO 09
+10.6% vs FV
Blk 234A SERANGOON AVE 2
Jul 2024 · Floor 04 TO 06
-6.6% vs FV
Blk 236A SERANGOON AVE 2
Jul 2024 · Floor 16 TO 18
+16.1% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
0.0% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+4.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-13.7% vs FV
HELIOS AI Analysis
In the current landscape of Singapore's real estate market, the valuation of the HDB Executive in Serangoon stands at an estimated value of $1,014,412, translating to a price per square foot of $708. This valuation is indicative of a robust demand within the locality, showcasing a considerable 373.2% premium above the baseline market value. Such a significant divergence from the standard reflects heightened buyer interest, driven by both the strategic location and the quality of living that the Serangoon area offers.
The property boasts a remaining lease of 75 years, a compelling factor that likely contributes to its elevated market position. With a strong model confidence rating of High, this valuation is reinforced by the analysis of 116 recent HDB resale transactions in the vicinity, which provide a solid foundation for this property's worth. The dynamics of the local market, fueled by a mix of demographic shifts and urban development, are crucial in understanding the desirability of HDB options in Serangoon, making this executive flat not only a home but also a strategic investment opportunity.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.