Hillside Drive, Kovan, North-east Region, Singapore
$15,000,000
Can rebuild up to 5 storeys home for multi-generation or even rebuild into 20 units of apartment units! Discover the possibilities of rebuilding into a home of your dream! This huge piece of land is now available for Sales, offering a generous living space of estimated 4500sqft in size. 999-Year Detached Land Near Kovan & Serangoon MRT Large Elevated Plot | Redevelopment Potential Rare Opportunity for Legacy Home or Boutique Development Property Overview An exceptional opportunity to acquire a large original detached land situated within a quiet and established Kovan landed enclave. Ideal for: Rebuilding a multi-generation legacy home, or Boutique redevelopment opportunity (subject to authority approval) Key Land Details - 999-Year Tenure - Plot Ratio: 1.4 - Elevated land with open and breezy outlook - Regular and sizeable land configuration - Non-landed zoning - Potential to redevelop into a boutique apartment development of up to approximately 20 units (subject to authority approval) Location & Connectivity • Short drive to Kovan MRT and Serangoon MRT Interchange • Access to Circle Line & North-East Line • Well-connected to city and town via major roads and expressways • Excellent public transport accessibility 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 ☆ Paya Lebar Methodist Girls’ School (PLMGS) ☆ Rosyth School ☆ Maris Stella High School Why This Property? > Rare large 999-year landholding in Kovan > Elevated terrain with a tranquil and breezy environment > Quiet, low-density landed neighbourhood > Strong redevelopment upside and long-term value Suitable for family legacy buyers or developers seeking boutique projects For more details and viewing arrangements, contact Hazel Teo at 8859XXXX.
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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$8.28M
S$1,841 psf
Asking Price
S$15.00M
S$975 psf
vs Market
+81.1%
vs Last Done
-37.7%
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.