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…


License: L3008022J
Automated Valuation based on 115 HDB resale transactions (data.gov.sg)
Fair Value
S$10.67M
S$693 psf
Asking Price
S$18.80M
S$1,222 psf
vs Market
+76.2%
vs Last Done
+65.6%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
115 comps
Nearest MRT
Kovan
1131m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
115 comparable transactions
S$660
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$693
Recent Comparable Transactions
10 shown · 115 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +6.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +6.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -11.8% vs FV | 99yr from 1992 |
Feb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +17.6% vs FV | 99yr from 1998 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +9.2% vs FV | 99yr from 1986 |
Jan 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,615sqft | S$888,000 | ▼S$550 -20.6% vs FV | 99yr from 1986 |
Jan 2026 | Blk 543 SERANGOON NTH AVE 3 Floor 10 TO 12 | 1,496sqft | S$1,050,000 | ▲S$702 +1.3% vs FV | 99yr from 1997 |
Jan 2026 | Blk 537 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$1,145,000 | ▲S$714 +3.0% vs FV | 99yr from 1992 |
Jan 2026 | Blk 506 SERANGOON NTH AVE 4 Floor 13 TO 15 | 1,604sqft | S$1,130,000 | ▲S$705 +1.7% vs FV | 99yr from 1992 |
Jan 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 01 TO 03 | 1,582sqft | S$1,005,000 | ▼S$635 -8.4% vs FV | 99yr from 1992 |
Dec 2025 | Blk 234A SERANGOON AVE 2 Floor 01 TO 03 | 1,507sqft | S$1,082,888 | ▲S$719 +3.8% vs FV | 99yr from 1998 |
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+6.5% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+6.5% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-11.8% vs FV
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+17.6% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+9.2% vs FV
Blk 125 SERANGOON NTH AVE 1
Jan 2026 · Floor 01 TO 03
-20.6% vs FV
Blk 543 SERANGOON NTH AVE 3
Jan 2026 · Floor 10 TO 12
+1.3% vs FV
Blk 537 SERANGOON NTH AVE 4
Jan 2026 · Floor 04 TO 06
+3.0% vs FV
Blk 506 SERANGOON NTH AVE 4
Jan 2026 · Floor 13 TO 15
+1.7% vs FV
Blk 519 SERANGOON NTH AVE 4
Jan 2026 · Floor 01 TO 03
-8.4% vs FV
Blk 234A SERANGOON AVE 2
Dec 2025 · Floor 01 TO 03
+3.8% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive unit in Serangoon, standing at an estimated value of $10,667,219 or $693 PSF, positions it notably above the market average, with a significant 76.2% difference from the established baseline. This premium valuation reflects the unit's desirable location within a well-connected and vibrant neighborhood, known for its strong community amenities and accessibility. With a remaining lease of 75 years, this property offers potential homeowners a substantial tenure that is attractive within the current market context.
Our analysis draws upon an extensive dataset of 115 recent HDB resale transactions in the vicinity, providing a robust foundation for this valuation. The high model confidence indicates a reliable predictive outlook, underscoring the strength of demand for larger HDB units in Serangoon, particularly amidst current urban development trends and increasing population density. As the market continues to evolve, this property stands out as a compelling investment opportunity, reflecting both immediate value and long-term appreciation potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.