Hillside Drive, Kovan, North-east Region, Singapore
$18,800,000
An exceptional opportunity to acquire a large original detached plot in a quiet and established Kovan landed enclave. Ideal for own stay rebuilding or boutique redevelopment potential. Key Details - Plot Ratio 1.4 - Elevated land with open outlook - Development Potential - Regular and sizable land plot - Non landed zoning - Potential to redevelop into a boutique apartment development of up to approximately 20 units (subject to approval) Location and Connectivity - Short drive to Kovan MRT and Serangoon MRT Interchange (Circle Line and North East Line) - Easy access to major roads and expressways - Well connected to town and city via public transport Nearby Amenities - Serangoon Garden MyVillage - NEX Mega Mall - Heartland Mall - Serangoon Garden Country Club - Wide selection of dining, supermarkets, and lifestyle amenities nearby Schools Within Close Proximity - Zhonghua Primary School - PLMGS - Rosyth School - Maris Stella High School Why This Property - Rare large land size in Kovan - Elevated terrain with breezy environment - Quiet and serene neighbourhood - Strong redevelopment and long term value potential - Suitable for family legacy home or developers seeking boutique opportunities Contact John Tan 9633843one for exclusive details and viewing arrangement.
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Total Transactions
8
Average Price
S1.2M
Total Value
S9.6M
Calculating fair value from URA transaction data…
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Automated Valuation based on 143 URA transactions · 3 outliers removed (IQR)
Fair Value
S$28.32M
S$1,841 psf
Asking Price
S$18.80M
S$1,222 psf
vs Market
-33.6%
vs Last Done
-21.9%
Tenure
Freehold
No lease decay
Confidence
High
143 comps
Nearest MRT
Kovan
1131m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
143 comparable transactions
S$1,841
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$1,841
Recent Comparable Transactions
10 shown · 143 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -15.0% vs FV | Freehold |
Jul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -15.0% vs FV | Freehold |
Jul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -15.0% vs FV | Freehold |
Jul 2025 | ROSYTH ROAD Floor - | 4,605sqft | S$7,200,000 | ▼S$1,564 -15.0% vs FV | Freehold |
May 2025 | ST. HELIER'S AVENUE Floor - | 5,425sqft | S$7,100,000 | ▼S$1,309 -28.9% vs FV | Freehold |
May 2025 | ST. HELIER'S AVENUE Floor - | 5,425sqft | S$7,100,000 | ▼S$1,309 -28.9% vs FV | Freehold |
May 2025 | ST. HELIER'S AVENUE Floor - | 5,425sqft | S$7,100,000 | ▼S$1,309 -28.9% vs FV | Freehold |
Apr 2025 | FLOWER ROAD Floor - | 1,841sqft | S$4,920,000 | ▲S$2,673 +45.2% vs FV | 999 yrs lease commencing from 1885 |
Apr 2025 | ROSYTH ROAD Floor - | 1,660sqft | S$3,880,000 | ▲S$2,338 +27.0% vs FV | Freehold |
Apr 2025 | ROSYTH ROAD Floor - | 1,660sqft | S$3,880,000 | ▲S$2,338 +27.0% vs FV | Freehold |
Apr 2025 | ROSYTH ROAD Floor - | 1,660sqft | S$3,880,000 | ▲S$2,338 +27.0% vs FV | Freehold |
ROSYTH ROAD
Jul 2025 · Floor -
-15.0% vs FV
ROSYTH ROAD
Jul 2025 · Floor -
-15.0% vs FV
ROSYTH ROAD
Jul 2025 · Floor -
-15.0% vs FV
ROSYTH ROAD
Jul 2025 · Floor -
-15.0% vs FV
ST. HELIER'S AVENUE
May 2025 · Floor -
-28.9% vs FV
ST. HELIER'S AVENUE
May 2025 · Floor -
-28.9% vs FV
ST. HELIER'S AVENUE
May 2025 · Floor -
-28.9% vs FV
FLOWER ROAD
Apr 2025 · Floor -
+45.2% vs FV
ROSYTH ROAD
Apr 2025 · Floor -
+27.0% vs FV
ROSYTH ROAD
Apr 2025 · Floor -
+27.0% vs FV
ROSYTH ROAD
Apr 2025 · Floor -
+27.0% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.