Flower Road, Kovan, North-east Region, Singapore
$6,380,000
*** Rare! Excellent Location! *** 10 Mins Walk to Kovan MRT Cosy Environment. * 2 storey Semi-Detached * Freehold * Park 3 Cars * Wide frontage * Approx. Land 3680 sqft * Approx. Built Up 4000 sqft * 6 Bedrooms + Store Room * Regular Layout * Very Spacious * Huge Master Bedroom ensuite * Nicely Renovated. Well Kept Amenities: * My Village. Serangoon Country Club. * Hawker Center. Wet Market. Supermarket. * Mins Walk to Heartland Mall * Mins Walk to Kovan MRT Disclaimer : All land & built up area are base on approximate measurements and subject to final survey and shall not from part of any offer or contract or constitute any warranty by the salesperson & shall not be regarded as statements or representation of fact.
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Total Transactions
3
Average Price
S2.0M
Total Value
S5.9M
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$2.84M
S$710 psf
Asking Price
S$6.38M
S$1,734 psf
vs Market
+124.8%
vs Last Done
+161.9%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
530m away · +2% 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
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$710
Recent Comparable Transactions
10 shown · 116 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 -6.8% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.8% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +5.8% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +5.4% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +6.6% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -1.5% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▼S$686 -3.4% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▼S$636 -10.4% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +8.0% vs FV | 99yr from 1989 |
May 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 04 TO 06 | 1,615sqft | S$925,000 | ▼S$573 -19.3% vs FV | 99yr from 1986 |
Apr 2026 | Blk 232A SERANGOON AVE 2 Floor 10 TO 12 | 1,518sqft | S$1,130,000 | ▲S$745 +4.9% vs FV | 99yr from 1998 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.8% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.8% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+5.8% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+5.4% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+6.6% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-1.5% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
-3.4% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
-10.4% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+8.0% vs FV
Blk 125 SERANGOON NTH AVE 1
May 2026 · Floor 04 TO 06
-19.3% vs FV
Blk 232A SERANGOON AVE 2
Apr 2026 · Floor 10 TO 12
+4.9% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive apartment located in Serangoon reflects a robust market performance, with an estimated value of $2,838,258, translating to $710 PSF. This valuation indicates a significant market signal, positioned at 124.8% above the baseline, suggesting a premium status within the local real estate landscape. The high model confidence, derived from an analysis of 116 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation, making it a compelling opportunity for discerning buyers and investors alike.
With a remaining lease of 75 years, this property benefits from a strategic balance of long-term ownership and potential appreciation in value, characteristic of well-maintained HDB developments in desirable areas like Serangoon. The elevated price point not only reflects the intrinsic qualities of the property but also the prevailing demand dynamics in the region, where limited supply and increasing interest in HDB executive flats contribute to competitive pricing. Investors can expect that the underlying fundamentals of the Serangoon locality will continue to support this valuation, making it an appealing prospect in Singapore's evolving real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.