Florence Close, Kovan, North-east Region, Singapore
$6,500 /month
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Total Transactions
11
Average Price
S1.6M
Total Value
S18.1M
Calculating fair value from URA transaction data…
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Estimated sale value based on 51 HDB resale transactions (data.gov.sg) · 1 outliers removed (IQR)
Fair Value
S$1.10M
S$637 psf
Asking Price
S$6,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
66 yrs
99-year Leasehold · Balance remaining
Confidence
High
51 comps
Nearest MRT
Kovan
365m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
51 comparable transactions
S$643
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.943
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$637
Recent Comparable Transactions
10 shown · 51 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,168,168 | ▲S$738 +15.9% 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 +15.9% vs FV | 99yr from 1992 |
Mar 2026 | Blk 535 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$980,000 | ▼S$611 -4.1% 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 +1.7% 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 +0.2% vs FV | 99yr from 1992 |
Jan 2026 | Blk 537 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,604sqft | S$1,145,000 | ▲S$714 +12.1% vs FV | 99yr from 1992 |
Jan 2026 | Blk 506 SERANGOON NTH AVE 4 Floor 13 TO 15 | 1,604sqft | S$1,130,000 | ▲S$705 +10.7% vs FV | 99yr from 1992 |
Jan 2026 | Blk 519 SERANGOON NTH AVE 4 Floor 01 TO 03 | 1,582sqft | S$1,005,000 | ▼S$635 -0.3% vs FV | 99yr from 1992 |
Dec 2025 | Blk 520 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,582sqft | S$1,080,000 | ▲S$683 +7.2% vs FV | 99yr from 1992 |
Nov 2025 | Blk 539 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,582sqft | S$975,888 | ▼S$617 -3.1% vs FV | 99yr from 1992 |
Oct 2025 | Blk 525 SERANGOON NTH AVE 4 Floor 04 TO 06 | 1,582sqft | S$1,000,000 | ▼S$632 -0.8% vs FV | 99yr from 1992 |
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+15.9% vs FV
Blk 519 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
+15.9% vs FV
Blk 535 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
-4.1% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 04 TO 06
+1.7% vs FV
Blk 542 SERANGOON NTH AVE 4
Mar 2026 · Floor 01 TO 03
+0.2% vs FV
Blk 537 SERANGOON NTH AVE 4
Jan 2026 · Floor 04 TO 06
+12.1% vs FV
Blk 506 SERANGOON NTH AVE 4
Jan 2026 · Floor 13 TO 15
+10.7% vs FV
Blk 519 SERANGOON NTH AVE 4
Jan 2026 · Floor 01 TO 03
-0.3% vs FV
Blk 520 SERANGOON NTH AVE 4
Dec 2025 · Floor 07 TO 09
+7.2% vs FV
Blk 539 SERANGOON NTH AVE 4
Nov 2025 · Floor 04 TO 06
-3.1% vs FV
Blk 525 SERANGOON NTH AVE 4
Oct 2025 · Floor 04 TO 06
-0.8% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive apartment located in Serangoon reflects a robust market position, with an estimated value of $1,098,221 or $637 PSF. With a remaining lease of 66 years, this property is well-positioned within the market dynamics, demonstrating an equilibrium state with a 0% difference from the baseline market price. Such stability indicates a balanced supply-demand scenario in the Serangoon area, which is often characterized by its strategic location and well-established amenities.
The model confidence in this valuation is rated as High, supported by a comprehensive analysis of 51 recent HDB resale transactions within the vicinity. This extensive dataset underscores the credibility of the valuation, aligning it with current market trends and buyer sentiment. The consistent performance of HDB properties in this region further emphasizes the desirability of the Serangoon locale, making it a compelling investment for potential buyers seeking longevity in their property holdings.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.