Richards Place, Kovan, North-east Region, Singapore
$7,780,000
***Newly Build D19 Freehold 3-Storey Terrace with Roof Terrace @ Kovan*** - Step into a beautifully crafted modern home that combines luxury, functionality, and future-ready design. Located in the highly sought-after Kovan enclave, this rare gem offers generous space, premium finishes, and exceptional comfort for multi-generational living. ***Property Highlights*** • Freehold 3-Storey Terrace with Roof Terrace • Land Size: 2,657 sqft (Rare for terrace houses!) • Built-Up Area: Approx. 6,361 sqft • TOP Obtained: April 2024 (Brand New Condition) ***Thoughtfully Designed for Modern Living*** • Bright and airy layout across all floors • 2 Air Wells providing excellent natural light & cross ventilation • Full-height sliding glass panels for seamless indoor-outdoor feel • Classic yet timeless interior finishes for dining and living areas ***Premium Kitchen & Dining Experience*** • Long, high-quality kitchen countertop – ideal for hosting • Premium induction stove, oven, and fittings • Custom-made 10-seater solid dining table & chairs included • Elegant and practical layout for family gatherings ***Quality Build & High-End Specifications*** • Full house finished with premium granite flooring • Top-tier German-brand sanitary fittings (toilets, basins, faucets) • Advanced SMART lighting system (German technology) • Solid classic wooden main door for a grand entrance ***Comfort & Future-Ready Features*** • Efficient cooling tower air-conditioning system • Designed with provision for future lift installation (all floors) • Structure allows easy extension for additional rooms • Durable RC sloped roof for long-term low maintenance ***A Rare Opportunity Not to Miss*** Enjoy the perfect blend of luxury, space, and future flexibility in a prime Kovan location. Ideal for families seeking a modern home with long-term value and expansion potential. ***Arrange Your Exclusive Viewing Today! This is a rare large-land terrace— don’t miss your chance to own it.
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Total Transactions
10
Average Price
S1.1M
Total Value
S11.0M
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$4.64M
S$729 psf
Asking Price
S$7.78M
S$2,928 psf
vs Market
+67.7%
vs Last Done
+286.8%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
116 comps
Nearest MRT
Kovan
479m 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 DoneJan 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 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +3.8% vs FV | 99yr from 1986 |
Dec 2025 | Blk 321 SERANGOON AVE 2 Floor 04 TO 06 | 1,582sqft | S$1,200,000 | ▲S$758 +4.0% vs FV | 99yr from 1986 |
Nov 2025 | Blk 319 SERANGOON AVE 2 Floor 10 TO 12 | 1,572sqft | S$1,198,000 | ▲S$762 +4.5% vs FV | 99yr from 1985 |
Sep 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,572sqft | S$1,195,000 | ▲S$760 +4.3% vs FV | 99yr from 1986 |
Sep 2025 | Blk 318 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,050,000 | ▼S$668 -8.4% vs FV | 99yr from 1985 |
Jul 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,615sqft | S$1,050,000 | ▼S$650 -10.8% vs FV | 99yr from 1986 |
Jun 2025 | Blk 317 SERANGOON AVE 2 Floor 10 TO 12 | 1,604sqft | S$1,180,000 | ▲S$736 +1.0% vs FV | 99yr from 1985 |
Apr 2025 | Blk 316 SERANGOON AVE 2 Floor 01 TO 03 | 1,679sqft | S$1,236,000 | ▲S$736 +1.0% vs FV | 99yr from 1984 |
Apr 2025 | Blk 318 SERANGOON AVE 2 Floor 04 TO 06 | 1,604sqft | S$1,268,000 | ▲S$791 +8.5% vs FV | 99yr from 1985 |
Apr 2025 | Blk 317 SERANGOON AVE 2 Floor 10 TO 12 | 1,625sqft | S$1,170,000 | ▼S$720 -1.2% vs FV | 99yr from 1985 |
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+3.8% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+3.8% vs FV
Blk 321 SERANGOON AVE 2
Dec 2025 · Floor 04 TO 06
+4.0% vs FV
Blk 319 SERANGOON AVE 2
Nov 2025 · Floor 10 TO 12
+4.5% vs FV
Blk 321 SERANGOON AVE 2
Sep 2025 · Floor 07 TO 09
+4.3% vs FV
Blk 318 SERANGOON AVE 2
Sep 2025 · Floor 01 TO 03
-8.4% vs FV
Blk 321 SERANGOON AVE 2
Jul 2025 · Floor 07 TO 09
-10.8% vs FV
Blk 317 SERANGOON AVE 2
Jun 2025 · Floor 10 TO 12
+1.0% vs FV
Blk 316 SERANGOON AVE 2
Apr 2025 · Floor 01 TO 03
+1.0% vs FV
Blk 318 SERANGOON AVE 2
Apr 2025 · Floor 04 TO 06
+8.5% vs FV
Blk 317 SERANGOON AVE 2
Apr 2025 · Floor 10 TO 12
-1.2% vs FV
HELIOS AI Analysis
The HDB Executive property located in Serangoon, with a remaining lease of 75 years, has been appraised at an estimated value of $4,638,588, translating to a price per square foot (PSF) of $729. This valuation is indicative of a robust premium in the current marketplace, registering a significant 67.7% above the baseline, which suggests strong demand dynamics in this sought-after residential enclave.
With a model confidence rating of High, this valuation is reinforced by a comprehensive analysis of 116 recent HDB resale transactions in the vicinity. The elevated market signal reflects a convergence of factors including the strategic location, the enduring appeal of the Serangoon district, and the property type's inherent value proposition amidst Singapore's evolving real estate landscape. As such, this executive HDB represents not only a desirable living space but also a compelling investment opportunity for discerning buyers looking to capitalize on the long-term leasehold benefits intertwined with Singapore's resilient property market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.