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 unit located in Serangoon, with a remaining lease of 82 years, stands at an estimated value of $1,578,289, translating to a price per square foot (PSF) of $708. This valuation reflects a significant market signal, indicating an impressive 72.3% difference from the baseline, suggesting that the property is currently positioned above market expectations. The high demand for HDB Executive units in this region is likely driven by Serangoon's strategic location, extensive amenities, and robust transport links, making it an attractive choice for both families and investors alike.
The model confidence for this valuation is marked as high, corroborated by a comprehensive analysis of 116 recent HDB resale transactions in the vicinity. This strong dataset reinforces the reliability of the valuation, showcasing a vibrant market where HDB prices are buoyed by factors such as dwindling supply and increasing buyer interest. As the remaining lease of 82 years positions this property favorably for long-term investment, buyers are encouraged to consider the potential for appreciation amidst the evolving landscape of Singapore’s real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.