Leith Park, Kovan, North-east Region, Singapore
$8,000,000
FREEHOLD LANDED | HUGE 5,585 SQFT LAND | SERANGOON / KOVAN | REBUILD POTENTIAL Guide: $8M Leith Road | D19 Rare opportunity to own a large freehold landed property in the Serangoon / Kovan landed enclave. Perfect for rebuild, A&A, or own stay. Property Details • Freehold Terrace House • Land size: approx 5,585 sqft • Built-up: approx 3,090 sqft • Quiet landed neighbourhood • Huge redevelopment potential Large land parcels like this are rarely available Prime Location Close to major amenities and transport: MRT • Serangoon North MRT • Kovan MRT • Serangoon MRT Schools • Zhonghua Primary (within 1km) • Peicai Secondary • Bowen Secondary • Rosyth School Nearby Amenities • Serangoon Gardens • NTUC FairPrice • Cold Storage • Cafes & eateries ⸻ Why Buyers Like This Large 5,585 sqft land size Freehold landed Excellent redevelopment potential Good long-term capital appreciation Call / WhatsApp for viewing.
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Total Transactions
1
Average Price
S2.7M
Total Value
S2.7M
Calculating fair value from URA transaction data…
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Automated Valuation based on 37 HDB resale transactions (data.gov.sg)
Fair Value
S$1.65M
S$534 psf
Asking Price
S$8.00M
S$1,432 psf
vs Market
+385.3%
vs Last Done
+89.2%
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
High
37 comps
Nearest MRT
Kovan
1204m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
37 comparable transactions
S$667
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$534
Recent Comparable Transactions
10 shown · 37 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 +41.8% vs FV | 99yr from 1986 |
Jan 2026 | Blk 321 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,190,000 | ▲S$757 +41.8% vs FV | 99yr from 1986 |
Jan 2026 | Blk 125 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,615sqft | S$888,000 | ▲S$550 +3.0% vs FV | 99yr from 1986 |
Dec 2025 | Blk 321 SERANGOON AVE 2 Floor 04 TO 06 | 1,582sqft | S$1,200,000 | ▲S$758 +41.9% vs FV | 99yr from 1986 |
Nov 2025 | Blk 319 SERANGOON AVE 2 Floor 10 TO 12 | 1,572sqft | S$1,198,000 | ▲S$762 +42.7% vs FV | 99yr from 1985 |
Sep 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,572sqft | S$1,195,000 | ▲S$760 +42.3% vs FV | 99yr from 1986 |
Sep 2025 | Blk 318 SERANGOON AVE 2 Floor 01 TO 03 | 1,572sqft | S$1,050,000 | ▲S$668 +25.1% vs FV | 99yr from 1985 |
Aug 2025 | Blk 125 SERANGOON NTH AVE 1 Floor 10 TO 12 | 1,668sqft | S$975,000 | ▲S$584 +9.4% vs FV | 99yr from 1986 |
Jul 2025 | Blk 321 SERANGOON AVE 2 Floor 07 TO 09 | 1,615sqft | S$1,050,000 | ▲S$650 +21.7% vs FV | 99yr from 1986 |
Jul 2025 | Blk 142 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,625sqft | S$1,058,000 | ▲S$651 +21.9% vs FV | 99yr from 1986 |
Jun 2025 | Blk 317 SERANGOON AVE 2 Floor 10 TO 12 | 1,604sqft | S$1,180,000 | ▲S$736 +37.8% vs FV | 99yr from 1985 |
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+41.8% vs FV
Blk 321 SERANGOON AVE 2
Jan 2026 · Floor 01 TO 03
+41.8% vs FV
Blk 125 SERANGOON NTH AVE 1
Jan 2026 · Floor 01 TO 03
+3.0% vs FV
Blk 321 SERANGOON AVE 2
Dec 2025 · Floor 04 TO 06
+41.9% vs FV
Blk 319 SERANGOON AVE 2
Nov 2025 · Floor 10 TO 12
+42.7% vs FV
Blk 321 SERANGOON AVE 2
Sep 2025 · Floor 07 TO 09
+42.3% vs FV
Blk 318 SERANGOON AVE 2
Sep 2025 · Floor 01 TO 03
+25.1% vs FV
Blk 125 SERANGOON NTH AVE 1
Aug 2025 · Floor 10 TO 12
+9.4% vs FV
Blk 321 SERANGOON AVE 2
Jul 2025 · Floor 07 TO 09
+21.7% vs FV
Blk 142 SERANGOON NTH AVE 1
Jul 2025 · Floor 01 TO 03
+21.9% vs FV
Blk 317 SERANGOON AVE 2
Jun 2025 · Floor 10 TO 12
+37.8% vs FV
HELIOS AI Analysis
In the dynamic landscape of Singapore's real estate market, the valuation of the HDB Executive unit in Serangoon reflects a confluence of robust demand and strategic positioning. With a remaining lease of 56 years, this property has been appraised at an estimated value of $1,648,612, translating to a competitive price of $534 per square foot. This valuation is indicative of the property’s appeal, particularly in light of its prime location in Serangoon, a neighborhood known for its vibrant community and accessibility to essential amenities.
The market signal for this HDB unit points towards a valuation that is significantly above the baseline, with a staggering 385.3% difference, suggesting a strong buyer sentiment and heightened demand within the vicinity. This finding is corroborated by a comprehensive analysis of 37 recent HDB resale transactions in the area, which underpins the high model confidence rating. Such dynamics indicate that prospective buyers are increasingly willing to invest in properties that offer not only a home but also long-term value appreciation, driven by the strategic advantages of the Serangoon locality.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.