Park Villas Rise, Kovan, North-east Region, Singapore
$2,999,000
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Total Transactions
46
Average Price
S2.4M
Total Value
S109.4M
Calculating fair value from URA transaction data…


License: L3008899K
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Automated Valuation based on 13 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.99M
S$681 psf
Asking Price
S$3.00M
S$1,652 psf
vs Market
+50.8%
vs Last Done
+135.3%
Tenure
70 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
13 comps
Nearest MRT
Kovan
1109m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
13 comparable transactions
S$681
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$681
Recent Comparable Transactions
10 shown · 13 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJan 2026 | Blk 543 SERANGOON NTH AVE 3 Floor 10 TO 12 | 1,496sqft | S$1,050,000 | ▲S$702 +3.1% vs FV | 99yr from 1997 |
Jan 2026 | Blk 543 SERANGOON NTH AVE 3 Floor 10 TO 12 | 1,496sqft | S$1,050,000 | ▲S$702 +3.1% vs FV | 99yr from 1997 |
Oct 2025 | Blk 544 SERANGOON NTH AVE 3 Floor 07 TO 09 | 1,507sqft | S$1,080,888 | ▲S$717 +5.3% vs FV | 99yr from 1997 |
Oct 2025 | Blk 544 SERANGOON NTH AVE 3 Floor 01 TO 03 | 1,550sqft | S$960,000 | ▼S$619 -9.1% vs FV | 99yr from 1997 |
May 2025 | Blk 544 SERANGOON NTH AVE 3 Floor 10 TO 12 | 1,507sqft | S$1,000,000 | ▼S$664 -2.5% vs FV | 99yr from 1997 |
Apr 2025 | Blk 543 SERANGOON NTH AVE 3 Floor 07 TO 09 | 1,507sqft | S$1,025,000 | ▼S$680 -0.1% vs FV | 99yr from 1997 |
Feb 2025 | Blk 543 SERANGOON NTH AVE 3 Floor 10 TO 12 | 1,507sqft | S$980,000 | ▼S$650 -4.6% vs FV | 99yr from 1997 |
Jul 2024 | Blk 543 SERANGOON NTH AVE 3 Floor 01 TO 03 | 1,507sqft | S$845,000 | ▼S$561 -17.6% vs FV | 99yr from 1997 |
Jul 2024 | Blk 543 SERANGOON NTH AVE 3 Floor 01 TO 03 | 1,539sqft | S$950,000 | ▼S$617 -9.4% vs FV | 99yr from 1997 |
Feb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +19.7% vs FV | 99yr from 1998 |
Dec 2025 | Blk 234A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,082,888 | ▲S$719 +5.6% vs FV | 99yr from 1998 |
Blk 543 SERANGOON NTH AVE 3
Jan 2026 · Floor 10 TO 12
+3.1% vs FV
Blk 543 SERANGOON NTH AVE 3
Jan 2026 · Floor 10 TO 12
+3.1% vs FV
Blk 544 SERANGOON NTH AVE 3
Oct 2025 · Floor 07 TO 09
+5.3% vs FV
Blk 544 SERANGOON NTH AVE 3
Oct 2025 · Floor 01 TO 03
-9.1% vs FV
Blk 544 SERANGOON NTH AVE 3
May 2025 · Floor 10 TO 12
-2.5% vs FV
Blk 543 SERANGOON NTH AVE 3
Apr 2025 · Floor 07 TO 09
-0.1% vs FV
Blk 543 SERANGOON NTH AVE 3
Feb 2025 · Floor 10 TO 12
-4.6% vs FV
Blk 543 SERANGOON NTH AVE 3
Jul 2024 · Floor 01 TO 03
-17.6% vs FV
Blk 543 SERANGOON NTH AVE 3
Jul 2024 · Floor 01 TO 03
-9.4% vs FV
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+19.7% vs FV
Blk 234A SERANGOON AVE 2
Dec 2025 · Floor 01 TO 03
+5.6% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit located in Serangoon, with a remaining lease of 70 years, stands at an estimated value of $1,988,148, translating to $681 PSF. This valuation indicates a significant market signal, reflecting a premium positioned 50.8% above the baseline for similar properties in the area. Such a substantial deviation from market expectations suggests a strong demand for HDB properties in this well-established residential precinct, underscoring both the desirability of the location and the quality of living it offers.
Analysis based on 13 recent HDB resale transactions within the vicinity reveals a medium level of model confidence in this valuation, suggesting that while the data is robust, there may be fluctuations influenced by local market dynamics. The enduring appeal of Serangoon, characterized by its comprehensive amenities and connectivity, continues to drive interest among potential buyers, particularly for properties with a significant remaining lease. As the market evolves, this HDB Executive unit not only stands as a valuable asset but also reflects the broader trends in Singapore's real estate landscape, where premium valuations are increasingly common in sought-after areas.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.