Simon Place, Kovan, North-east Region, Singapore
$6,900,000
Exclusive 2-Storey Corner Terrace Huge Land Size 3930 sqft Freehold 11mins to Kovan MRT (Google Map) Can park up to 3 cars for current layout Parking available outside front gate Automated Gate installed Immediate Availability Quiet Street Original Condition, Suitable for Rebuild or Major Renovation Empty Canvas for Designing your Dream House Possible for Side/Back Lap Pool Close Proximity to Heartland Mall, Cold Storage, Hawker Centre, NTUC FairPrice, Eateries, McDonald's and many more! Schools within 1km: Xinghua Primary School Xinmin Primary School Schools between 1km and 2km: CHIJ Our Lady of the Nativity Holy Innocents' Primary School Hougang Primary School Montfort Junior School Paya Lebar Methodist Girls' School (Primary) Punggol Primary School Rosyth School Yio Chu Kang Primary School Zhonghua Primary School Call Albert 9615-5737 & Jillien 9106-7663 now for viewing! We will try our best to fit your preferred viewing time.
Loading map...
Total Transactions
4
Average Price
S3.4M
Total Value
S13.5M
Calculating fair value from URA transaction data…


License: L3008022J
Disclaimer: The information provided on Listings.sg is for general informational purposes only. While we strive to ensure the accuracy of property listings, they are subject to change. If you notice any inaccuracies, fraudulent activity, or issues with this listing, please report it to our support team.
Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$1.90M
S$729 psf
Asking Price
S$6.90M
S$1,756 psf
vs Market
+263.9%
vs Last Done
+165.3%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
388m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
232 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 · 232 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 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 |
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 |
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 |
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 |
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 |
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
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
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
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 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 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-4.1% vs FV
HELIOS AI Analysis
The HDB Executive unit located in Serangoon boasts an impressive estimated value of $1,895,980, translating to a robust $729 PSF. This valuation positions the property significantly above the market baseline, with a remarkable 263.9% difference indicating strong demand and a premium perception among potential buyers. The high model confidence level suggests that this figure is well-supported by comprehensive market analysis and recent transaction data.
With a remaining lease of 75 years, this property benefits from a favorable leasehold period, making it an attractive option for both owner-occupiers and investors. The surrounding area has seen an active resale market, evidenced by 232 recent transactions, which have likely contributed to the upward pressure on property values. The strong performance of HDBs in Serangoon can be attributed to several factors, including its strategic location, accessibility, and the continued demand for spacious living options within the HDB framework. As such, this executive flat not only represents a sound investment but also a desirable living option in a thriving community.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.