Simon Place, Kovan, North-east Region, Singapore
$2,720,000
A serene home with pool, gym and playground, offering privacy while keeping you close to what matters—MRT, amenities, dining and Hougang Stadium. A rare opportunity for space, convenience and comfort in one address. - Address: Sovereign @ Simon - Bedrooms: 4 ensuite bedrooms - Land Size: 2,228 sqft - Communal facilities: Pool, kids’ playground, gym - Near MRT, amenities, F&B, and Hougang Stadium - Freehold strata landed; private yet well-connected Schools Nearby - Anderson Serangoon Junior College (0.46km) - Xinmin Primary School (0.7km) - Xinmin Secondary School (0.79km) - Bowen Secondary School (0.8km) - Multiple preschools and kindergartens within 1km MRT/LRT - Kovan MRT (0.64km) Serious Buyers Only Exclusive listing Ready to view? Contact LAWRENCE PHUA at 8833XXXX for a private appointment and full details. Ready to view? Contact LAWRENCE PHUA at 8833XXXX for a private appointment and full details.
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Total Transactions
2
Average Price
S2.9M
Total Value
S5.8M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 116 HDB resale transactions (data.gov.sg)
Fair Value
S$1.58M
S$708 psf
Asking Price
S$2.72M
S$1,221 psf
vs Market
+72.3%
vs Last Done
+84.4%
Tenure
82 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
646m away · +2% 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
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$708
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 -6.5% vs FV | 99yr from 1989 |
Mar 2026 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,040,000 | ▼S$662 -6.5% vs FV | 99yr from 1989 |
Dec 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,180,000 | ▲S$751 +6.1% vs FV | 99yr from 1989 |
May 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,604sqft | S$1,200,000 | ▲S$748 +5.6% vs FV | 99yr from 1989 |
Apr 2025 | Blk 424 SERANGOON CTRL Floor 07 TO 09 | 1,572sqft | S$1,190,000 | ▲S$757 +6.9% vs FV | 99yr from 1989 |
Mar 2025 | Blk 418 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,099,000 | ▼S$699 -1.3% vs FV | 99yr from 1989 |
Sep 2024 | Blk 424 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,100,000 | ▼S$686 -3.1% vs FV | 99yr from 1989 |
Jun 2024 | Blk 424 SERANGOON CTRL Floor 01 TO 03 | 1,572sqft | S$1,000,000 | ▼S$636 -10.2% vs FV | 99yr from 1989 |
Jun 2024 | Blk 418 SERANGOON CTRL Floor 10 TO 12 | 1,604sqft | S$1,230,000 | ▲S$767 +8.3% 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 0.0% vs FV | 99yr from 1992 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +4.2% vs FV | 99yr from 1992 |
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-6.5% vs FV
Blk 424 SERANGOON CTRL
Dec 2025 · Floor 07 TO 09
+6.1% vs FV
Blk 424 SERANGOON CTRL
May 2025 · Floor 07 TO 09
+5.6% vs FV
Blk 424 SERANGOON CTRL
Apr 2025 · Floor 07 TO 09
+6.9% vs FV
Blk 418 SERANGOON CTRL
Mar 2025 · Floor 01 TO 03
-1.3% vs FV
Blk 424 SERANGOON CTRL
Sep 2024 · Floor 10 TO 12
-3.1% vs FV
Blk 424 SERANGOON CTRL
Jun 2024 · Floor 01 TO 03
-10.2% vs FV
Blk 418 SERANGOON CTRL
Jun 2024 · Floor 10 TO 12
+8.3% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
0.0% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+4.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive in Serangoon, with an estimated value of $1,578,289, or $708 PSF, presents a compelling case for potential buyers and investors alike. With a remaining lease of 82 years, this property not only offers a robust tenure but also showcases the enduring desirability of the Serangoon area, known for its vibrant community and accessibility to essential amenities. The high model confidence, supported by 116 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation and the market dynamics at play.
Importantly, this valuation signals a market position that is notably above the baseline, with a considerable 72.3% difference. This premium pricing reflects the strong demand for HDB properties in Serangoon, driven by factors such as strategic location, family-friendly environment, and proximity to reputable schools and public transport. As the real estate landscape continues to evolve, this property stands as a testament to the resilience and appeal of HDB living in Singapore, making it an attractive option for discerning buyers seeking both value and quality in their investment.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.