Highland Road, Kovan, North-east Region, Singapore
$15,000,000
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Total Transactions
5
Average Price
S1.7M
Total Value
S8.7M
Calculating fair value from URA transaction data…
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Automated Valuation based on 59 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$4.99M
S$611 psf
Asking Price
S$15.00M
S$1,836 psf
vs Market
+200.6%
vs Last Done
+177.3%
Tenure
64 yrs
99-year Leasehold · Balance remaining
Confidence
High
59 comps
Nearest MRT
Serangoon
812m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
59 comparable transactions
S$655
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.914
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$611
Recent Comparable Transactions
10 shown · 59 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 +8.3% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +8.3% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +22.9% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +22.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +23.9% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▲S$699 +14.4% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▲S$686 +12.3% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▲S$636 +4.1% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +25.5% vs FV | 99yr from 1989 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▲S$708 +15.9% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 0.0% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+8.3% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+8.3% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+22.9% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+22.4% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+23.9% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
+14.4% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
+12.3% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
+4.1% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+25.5% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
+15.9% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
0.0% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Serangoon, with a remaining lease of 64 years, stands at an estimated value of $4,989,699, equating to a price per square foot (PSF) of $611. This valuation is particularly noteworthy as it indicates a substantial premium over the baseline market value, reflecting a remarkable 200.6% difference. Such a significant market signal suggests that this property is not only highly sought after but also exhibits robust demand dynamics within the Serangoon district.
Given the strong performance indicators derived from 59 recent HDB resale transactions in the vicinity, the model confidence rating is classified as high. This level of confidence reinforces the assertion that the Serangoon executive unit is a distinguished asset in the current market landscape. The extended lease tenure of 64 years further enhances its appeal, providing prospective buyers with the assurance of long-term tenure, which is particularly attractive in the context of Singapore's tightly regulated housing market. As urban development continues to evolve in Singapore, properties such as this one in Serangoon are likely to remain at the forefront of buyer interest, underpinned by both community amenities and strategic connectivity.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.