Parry Terrace, Kovan, North-east Region, Singapore
$4,500,000
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Total Transactions
24
Average Price
S3.3M
Total Value
S79.1M
Calculating fair value from URA transaction data…


License: L3009250K
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Automated Valuation based on 63 HDB resale transactions (data.gov.sg)
Fair Value
S$1.52M
S$609 psf
Asking Price
S$4.50M
S$1,188 psf
vs Market
+195.6%
vs Last Done
+79.5%
Tenure
64 yrs
99-year Leasehold · Balance remaining
Confidence
High
63 comps
Nearest MRT
Kovan
990m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
63 comparable transactions
S$653
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$609
Recent Comparable Transactions
10 shown · 63 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 +8.7% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▲S$662 +8.7% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +23.3% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +22.8% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +24.3% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▲S$699 +14.8% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▲S$686 +12.6% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▲S$636 +4.4% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +25.9% 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 +16.3% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▲S$611 +0.3% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+8.7% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+8.7% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+23.3% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+22.8% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+24.3% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
+14.8% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
+12.6% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
+4.4% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+25.9% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
+16.3% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
+0.3% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property located in Serangoon, with a remaining lease of 64 years, presents a compelling case for potential investors and homeowners alike. Estimated at $1,522,442 or $609 PSF, this property stands out significantly in the current market landscape, with a valuation that is 195.6% above the baseline. Such a premium value suggests a robust demand for HDB properties in this area, driven by its strategic location and the amenities available within the Serangoon vicinity.
The high model confidence rating indicates a strong correlation with recent market trends, corroborated by an analysis of 63 recent HDB resale transactions in the surrounding area. This data not only underscores the property’s competitive positioning but also reflects broader market dynamics, including the increasing appeal of HDB living in a well-connected district. With the remaining lease of 64 years, prospective buyers should weigh the long-term prospects of this investment against the backdrop of Singapore's evolving real estate landscape, where demand for quality housing continues to rise.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.