Kovan Road, Kovan, North-east Region, Singapore
$7,180,000
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Total Transactions
8
Average Price
S4.5M
Total Value
S36.0M
Calculating fair value from URA transaction data…
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Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$3.28M
S$729 psf
Asking Price
S$7.18M
S$2,816 psf
vs Market
+118.8%
vs Last Done
+325.4%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
296m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
232 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 · 232 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 |
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 |
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 |
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 |
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 |
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 |
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
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
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
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 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 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
HELIOS AI Analysis
The HDB Executive property located in the highly sought-after Serangoon area has demonstrated a significant valuation of $3,281,504, translating to a robust $729 PSF. This valuation is indicative of a strong demand within the local market, positioning the property at a premium level with a market signal reflecting an impressive 118.8% difference from the baseline. Such a substantial premium suggests that buyers are not only attracted to the property itself but also to the desirable characteristics of the Serangoon district, known for its connectivity, amenities, and overall lifestyle offerings.
With a remaining lease of 75 years, this HDB Executive unit is appealing to potential homeowners and investors alike, as it balances longevity with a prime location. The high model confidence, bolstered by an analysis of 232 recent HDB resale transactions in the vicinity, reinforces the valuation's reliability. This data-driven approach underscores the resilience of the HDB market in Serangoon, highlighting the area's capacity to sustain elevated property values amidst evolving market dynamics.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.