Da Silva Lane, Kovan, North-east Region, Singapore
$7,780,000
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Total Transactions
8
Average Price
S4.0M
Total Value
S31.8M
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$4.51M
S$710 psf
Asking Price
S$7.78M
S$2,928 psf
vs Market
+72.4%
vs Last Done
+286.8%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
518m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
116 comparable transactions
S$663
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$710
Recent Comparable Transactions
10 shown · 116 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +6.6% vs FV | 99yr from 1986 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +6.6% vs FV | 99yr from 1986 |
Dec 2025 | Blk 321 SERANGOON AVE 2 Floor 04 TO 06 | 1,582sqft | S$1,200,000 | ▲S$758 +6.8% vs FV | 99yr from 1986 |
Nov 2025 | Blk 319 SERANGOON AVE 2 Floor 10 TO 12 | 1,572sqft | S$1,198,000 | ▲S$762 +7.3% vs FV | 99yr from 1985 |
Sep 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,572sqft | S$1,195,000 | ▲S$760 +7.0% vs FV | 99yr from 1986 |
Sep 2025 | Blk 318 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,050,000 | ▼S$668 -5.9% vs FV | 99yr from 1985 |
Jul 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,615sqft | S$1,050,000 | ▼S$650 -8.5% vs FV | 99yr from 1986 |
Jun 2025 | Blk 317 SERANGOON AVE 2 Floor 10 TO 12 | 1,604sqft | S$1,180,000 | ▲S$736 +3.7% vs FV | 99yr from 1985 |
Apr 2025 | Blk 316 SERANGOON AVE 2 Floor 01 TO 03 | 1,679sqft | S$1,236,000 | ▲S$736 +3.7% vs FV | 99yr from 1984 |
Apr 2025 | Blk 318 SERANGOON AVE 2 Floor 04 TO 06 | 1,604sqft | S$1,268,000 | ▲S$791 +11.4% vs FV | 99yr from 1985 |
Apr 2025 | Blk 317 SERANGOON AVE 2 Floor 10 TO 12 | 1,625sqft | S$1,170,000 | ▲S$720 +1.4% vs FV | 99yr from 1985 |
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+6.6% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+6.6% vs FV
Blk 321 SERANGOON AVE 2
Dec 2025 · Floor 04 TO 06
+6.8% vs FV
Blk 319 SERANGOON AVE 2
Nov 2025 · Floor 10 TO 12
+7.3% vs FV
Blk 321 SERANGOON AVE 2
Sep 2025 · Floor 07 TO 09
+7.0% vs FV
Blk 318 SERANGOON AVE 2
Sep 2025 · Floor 01 TO 03
-5.9% vs FV
Blk 321 SERANGOON AVE 2
Jul 2025 · Floor 07 TO 09
-8.5% vs FV
Blk 317 SERANGOON AVE 2
Jun 2025 · Floor 10 TO 12
+3.7% vs FV
Blk 316 SERANGOON AVE 2
Apr 2025 · Floor 01 TO 03
+3.7% vs FV
Blk 318 SERANGOON AVE 2
Apr 2025 · Floor 04 TO 06
+11.4% vs FV
Blk 317 SERANGOON AVE 2
Apr 2025 · Floor 10 TO 12
+1.4% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $4,513,539, translating to a robust $710 per square foot (PSF). This pricing positions the property significantly above the market baseline, reflecting a notable 72.4% difference. Such a premium valuation indicates strong demand in the Serangoon area, driven by its strategic location and the desirability of executive flats among prospective buyers.
The analytical model's confidence in this valuation is assessed as high, backed by a comprehensive review of 116 recent HDB resale transactions in the vicinity. This rich dataset underscores the prevailing market dynamics, suggesting that the Serangoon area remains a highly sought-after locale within Singapore's real estate landscape. The combination of a substantial remaining lease and elevated market interest further reinforces the investment appeal of this HDB Executive property, making it a compelling opportunity for discerning investors and homeowners alike.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.