Simon Lane, Kovan, North-east Region, Singapore
$6,500,000
Discover your dream home in this stunning 5110 sqft terraced house, featuring 6 spacious bedrooms and 7 modern bathrooms, now available for sale. This property is perfect for those seeking a spacious family home in a well-connected neighborhood. Don't miss out on this incredible opportunity—schedule a viewing with me today and make this house your new home! Property Highlights: - Brand New – Move in the moment you get the keys (TOP 2026) - 6 Spacious Bedrooms, all bright & airy + 7 Bathrooms - Private Home Lift – Perfect for multi-generational living - Mezzanine Level – Ideal for office, lounge, or playroom - Wet & Dry Kitchens – For serious cooking & stylish entertaining - Maid’s Room + Helper’s Toilet for added functionality - Bright South-East Facing – Morning sun & cool breeze Location Perks (Within 1km to Top Schools): - Xinghua Primary School - Xinmin Primary School Lifestyle & Convenience: - 5 min to Kovan MRT & Heartland Mall - Supermarkets: Cold Storage, NTUC - 209 Kovan Hougang Market & Food Centre at your doorstep - Surrounded by cafes, eateries & amenities Why You Can’t Miss This: This is a rare combination of huge built-up, prime location, brand new condition, and a private lift. Landed homes in Kovan with these features are in high demand and limited supply – act fast before it’s gone! Disclaimer: 1) All land & built up areas are based on approximate measurements & are subject to final survey & shall not form part of any offer or contract or constitute any warranty by the salesperson & shall not be regarded as statements or representations of fact. 2) Images & floor plans shown are for illustration purposes & may not represent the actual property
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Total Transactions
5
Average Price
S3.6M
Total Value
S18.2M
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 115 HDB resale transactions (data.gov.sg)
Fair Value
S$3.72M
S$729 psf
Asking Price
S$6.50M
S$4,062 psf
vs Market
+74.5%
vs Last Done
+513.6%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
115 comps
Nearest MRT
Kovan
460m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
115 comparable transactions
S$661
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$729
Recent Comparable Transactions
10 shown · 115 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 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -9.2% vs FV | 99yr from 1989 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +1.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -16.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,240,000 | ▲S$784 +7.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 542 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$1,040,000 | ▼S$648 -11.1% vs FV | 99yr from 1992 |
Mar 2026 | Blk 542 SERANGOON NTH AVE 4 Floor 01 TO 03 | 1,582sqft | S$1,010,000 | ▼S$638 -12.5% vs FV | 99yr from 1992 |
Feb 2026 | Blk 234A SERANGOON AVE 2 Floor 16 TO 18 | 1,507sqft | S$1,228,000 | ▲S$815 +11.8% vs FV | 99yr from 1998 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1986 |
Jan 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,615sqft | S$888,000 | ▼S$550 -24.6% 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 -3.7% vs FV | 99yr from 1997 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+1.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-16.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+7.5% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-11.1% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 01 TO 03
-12.5% vs FV
Blk 234A SERANGOON AVE 2
Feb 2026 · Floor 16 TO 18
+11.8% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+3.8% vs FV
Blk 125 SERANGOON NTH AVE 1
Jan 2026 · Floor 01 TO 03
-24.6% vs FV
Blk 543 SERANGOON NTH AVE 3
Jan 2026 · Floor 10 TO 12
-3.7% vs FV
HELIOS AI Analysis
The HDB Executive property located in Serangoon has been appraised at an estimated value of $3,724,057, translating to a price per square foot of $729. With a remaining lease of 75 years, this valuation positions the property significantly above the market baseline, reflecting a remarkable 74.5% differential. Such a premium valuation suggests heightened demand in the Serangoon area, underscoring the appeal of the location for potential homeowners and investors alike.
Analysis of the recent HDB resale transactions in the vicinity—comprising 115 data points—indicates a robust market presence, contributing to a model confidence rating of High. The strong market signal can be attributed to several factors, including the strategic location of Serangoon, which offers a blend of accessibility and amenities that are highly sought after in the current real estate landscape. As urban living trends evolve, properties with remaining leases exceeding 70 years are increasingly viewed as attractive investment opportunities, especially when they are situated in vibrant neighborhoods like Serangoon.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.