Lowland Road, Kovan, North-east Region, Singapore
$6,100,000
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Total Transactions
6
Average Price
S3.8M
Total Value
S23.0M
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$2.19M
S$730 psf
Asking Price
S$6.10M
S$1,702 psf
vs Market
+178.4%
vs Last Done
+124.8%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
228m away · +5% 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
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$730
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 +3.7% vs FV | 99yr from 1986 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +3.7% vs FV | 99yr from 1986 |
Dec 2025 | Blk 321 SERANGOON AVE 2 Floor 04 TO 06 | 1,582sqft | S$1,200,000 | ▲S$758 +3.8% vs FV | 99yr from 1986 |
Nov 2025 | Blk 319 SERANGOON AVE 2 Floor 10 TO 12 | 1,572sqft | S$1,198,000 | ▲S$762 +4.4% vs FV | 99yr from 1985 |
Sep 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,572sqft | S$1,195,000 | ▲S$760 +4.1% vs FV | 99yr from 1986 |
Sep 2025 | Blk 318 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,050,000 | ▼S$668 -8.5% vs FV | 99yr from 1985 |
Jul 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,615sqft | S$1,050,000 | ▼S$650 -11.0% vs FV | 99yr from 1986 |
Jun 2025 | Blk 317 SERANGOON AVE 2 Floor 10 TO 12 | 1,604sqft | S$1,180,000 | ▲S$736 +0.8% vs FV | 99yr from 1985 |
Apr 2025 | Blk 316 SERANGOON AVE 2 Floor 01 TO 03 | 1,679sqft | S$1,236,000 | ▲S$736 +0.8% vs FV | 99yr from 1984 |
Apr 2025 | Blk 318 SERANGOON AVE 2 Floor 04 TO 06 | 1,604sqft | S$1,268,000 | ▲S$791 +8.4% 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
+3.7% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+3.7% vs FV
Blk 321 SERANGOON AVE 2
Dec 2025 · Floor 04 TO 06
+3.8% vs FV
Blk 319 SERANGOON AVE 2
Nov 2025 · Floor 10 TO 12
+4.4% vs FV
Blk 321 SERANGOON AVE 2
Sep 2025 · Floor 07 TO 09
+4.1% vs FV
Blk 318 SERANGOON AVE 2
Sep 2025 · Floor 01 TO 03
-8.5% vs FV
Blk 321 SERANGOON AVE 2
Jul 2025 · Floor 07 TO 09
-11.0% vs FV
Blk 317 SERANGOON AVE 2
Jun 2025 · Floor 10 TO 12
+0.8% vs FV
Blk 316 SERANGOON AVE 2
Apr 2025 · Floor 01 TO 03
+0.8% vs FV
Blk 318 SERANGOON AVE 2
Apr 2025 · Floor 04 TO 06
+8.4% vs FV
Blk 317 SERANGOON AVE 2
Apr 2025 · Floor 10 TO 12
-1.4% vs FV
HELIOS AI Analysis
The HDB Executive unit in Serangoon, with a remaining lease of 75 years, has been appraised at an estimated value of $2,191,302, translating to a price per square foot (PSF) of $730. This valuation is notably positioned above the market average, reflecting a significant 178.4% difference from the baseline. Such a premium valuation indicates robust demand dynamics within the Serangoon area, which is characterized by its strategic connectivity and vibrant community amenities.
Our analysis, grounded in a comprehensive review of 116 recent HDB resale transactions in the vicinity, showcases a strong model confidence in this valuation. The elevated pricing suggests that buyers are willing to pay a premium for properties that offer both longevity in lease tenure and desirable location attributes. As the Singapore real estate market continues to evolve, this Executive unit exemplifies the resilience and value retention of HDB properties, particularly in well-established neighborhoods like Serangoon, where the interplay of demand and supply remains favorable.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.