Simon Lane, Kovan, North-east Region, Singapore
$6,500,000
Brand New 3.5 Storey Inter-Terrace with Private Lift in Kovan Area – Just Bring Your Luggage Will Do! Freehold | Regular Land Size | Quiet & Serene Environment | Close to Kovan MRT & Many Eateries | District 19 ⸻ Property Highlights • Land Size: Approx. 1,600 sqft • Built-Up Area: Approx. 5,110 sqft • Bedrooms: 6 • Bathrooms: 7 • Frontage: ~6.1m | Depth: ~24m • Main Door Facing: South East • Parking: Park 1 car inside; ample space for more outside • Tenure: Freehold ⸻ Layout Overview 1st Storey: • Car Porch • Living Room • Dining Area • Dry Kitchen • Wet Kitchen • Household Shelter • Bathroom 1 • Helper’s room • Yard • Private Lift 2nd Storey: • Balcony • Master Bedroom Ensuite • Bedroom 2 Ensuite • Common Area • Private Lift 3rd Storey: • Bedroom 3 Ensuite • Bedroom 4 Ensuite • Common Area • Private Lift 3rd Storey Mezzaine: • Bedroom 5 Ensuite • Common Area • Private Lift Attic Storey: • Bedroom 6 Ensuite • 2 Balcony • Family Area • Private Lift ⸻ Nearby Amenities Primary Schools within 1km: • Holy Innocents' Primary School • Xinghua Primary School • Xinmin Primary School MRT Stations Nearby: • Kovan MRT (NE13, North East Line) ⸻ Contact Mak Hui Lyn at 9834.3123 for an exclusive viewing today! Disclaimer: The information provided in this advertisement is for general informational purposes only and does not constitute an offer, contract, or guarantee of any kind. All property details, including but not limited to prices, availability, specifications, and features, are subject to change without prior notice. Images, floor plans, and descriptions are for illustrative purposes only and may differ from the actual property. Buyers and tenants are encouraged to conduct their own due diligence and verify all information with the developer, seller, or relevant authorities before making any decisions. The advertiser assumes no liability for any inaccuracies, errors, or omissions in this listing.
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Total Transactions
5
Average Price
S3.6M
Total Value
S18.2M
Calculating fair value from URA transaction data…


License: L3009250K
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Automated Valuation based on 232 HDB resale transactions (data.gov.sg)
Fair Value
S$3.73M
S$729 psf
Asking Price
S$6.50M
S$4,062 psf
vs Market
+74.4%
vs Last Done
+473.7%
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
High
232 comps
Nearest MRT
Kovan
460m 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 DoneApr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% vs FV | 99yr from 1992 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% vs FV | 99yr from 1992 |
Apr 2026 | Blk 526 SERANGOON NTH AVE 4 Floor 10 TO 12 | 1,582sqft | S$1,120,000 | ▼S$708 -2.9% vs FV | 99yr from 1992 |
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 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -16.2% 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 +1.2% vs FV | 99yr from 1992 |
Mar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,240,000 | ▲S$784 +7.5% vs FV | 99yr from 1992 |
Mar 2026 | Blk 542 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$1,040,000 | ▼S$648 -11.1% vs FV | 99yr from 1992 |
Mar 2026 | Blk 542 SERANGOON NTH AVE 4 Floor 01 TO 03 | 1,582sqft | S$1,010,000 | ▼S$638 -12.5% vs FV | 99yr from 1992 |
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 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -16.2% vs FV | 99yr from 1992 |
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 526 SERANGOON NTH AVE 4
Apr 2026 · Floor 10 TO 12
-2.9% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-16.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+1.2% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+7.5% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-11.1% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 01 TO 03
-12.5% vs FV
Blk 424 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
-9.2% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-16.2% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive in Serangoon, with a remaining lease of 75 years, underscores the robust demand for executive flats in this sought-after locale. At an estimated value of $3,726,330, translating to a price per square foot (PSF) of $729, this property is positioned significantly above the market baseline, exhibiting a notable 74.4% premium. Such a valuation reflects not only the intrinsic value of the property but also the prevailing market dynamics that favor larger HDB units in prime districts.
The high model confidence level, derived from an extensive analysis of 232 recent HDB resale transactions in the vicinity, reinforces the credibility of this valuation. The Serangoon area continues to attract buyers due to its strategic location, vibrant community amenities, and excellent connectivity. As urban development progresses and the demand for spacious living spaces remains strong, properties like this executive flat are likely to retain their appeal, making them a compelling option for discerning buyers seeking long-term investment stability.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.