Simon Place, Kovan, North-east Region, Singapore
$6,200,000
* 4 Bedrooms * Bright & Breezy – Excellent natural light & ventilation * Est. L: 3400 sqft B: 2500 sqft * Located in a highly sought-after landed estate * Great for own stay or rebuilding to your dream home * Surrounded by low-density housing – no high-rise congestion * Easy access to KPE / TPE / CTE * Short drive to Serangoon MRT / Hougang MRT Location Highlights * Located within Hougang landed estate * Near Hougang MRT & Kovan MRT * Close to eateries, cafes, supermarkets * Easy access to KPE / TPE * Short drive to Serangoon / Nex / City Primary Schools * Xinmin Primary School * Rosyth School * Hougang Primary School * Holy Innocents’ Primary School * Montfort Junior School * Zhonghua Primary School Secondary Schools * Bowen Secondary School * Montfort Secondary School * Xinmin Secondary School * Serangoon Garden Secondary School * Hougang Secondary School Preschools / Childcare * Little Paddington Preschool & Infant Care Kovan * Brighton Montessori Kovan * Catholic Kindergarten Call Brandon Chia 9022XXXX
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Total Transactions
4
Average Price
S3.4M
Total Value
S13.5M
Calculating fair value from URA transaction data…


License: L3009250K
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Automated Valuation based on 116 HDB resale transactions (data.gov.sg)
Fair Value
S$1.82M
S$729 psf
Asking Price
S$6.20M
S$1,824 psf
vs Market
+240.1%
vs Last Done
+175.5%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
388m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
116 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 · 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 -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 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +3.0% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +2.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -4.1% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▼S$686 -5.9% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▼S$636 -12.8% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +5.2% vs FV | 99yr from 1989 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% 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 |
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 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+3.0% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+2.6% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+3.8% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
-5.9% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
-12.8% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+5.2% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-16.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Serangoon stands at an impressive estimated value of $1,823,058, translating to a price per square foot (PSF) of $729. This valuation reflects a significant premium over the baseline market rate, with a striking 240.1% deviation indicating a robust demand for HDB properties in this vibrant district. The remaining lease of 75 years adds a layer of desirability, as buyers increasingly prioritize longevity in their property investments amidst a competitive real estate landscape.
Market dynamics in the Serangoon area have been exceptionally favorable, supported by the recent analysis of 116 HDB resale transactions in the vicinity. The high model confidence rating reinforces the reliability of this valuation, indicating that the current market conditions and historical data correlate strongly with the upward trajectory of property values in this locale. As urban redevelopment and infrastructural enhancements continue to unfold, the appeal of Serangoon as a prime residential area is expected to strengthen further, solidifying its status as a sought-after investment opportunity.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.