Parry Terrace, Kovan, North-east Region, Singapore
$1,600 /month
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Total Transactions
24
Average Price
S3.3M
Total Value
S79.1M
Calculating fair value from URA transaction data…


License: L3008022J
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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$85,063
S$567 psf
Asking Price
S$1,600
S$11 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
64 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Kovan
990m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$608
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.914
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$567
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 8 LOR LEW LIAN Floor 07 TO 09 | 474sqft | S$290,000 | ▲S$612 +7.9% vs FV | 99yr from 1978 |
Aug 2025 | Blk 8 LOR LEW LIAN Floor 07 TO 09 | 474sqft | S$290,000 | ▲S$612 +7.9% vs FV | 99yr from 1978 |
May 2024 | Blk 8 LOR LEW LIAN Floor 10 TO 12 | 474sqft | S$286,000 | ▲S$604 +6.5% vs FV | 99yr from 1978 |
Blk 8 LOR LEW LIAN
Aug 2025 · Floor 07 TO 09
+7.9% vs FV
Blk 8 LOR LEW LIAN
Aug 2025 · Floor 07 TO 09
+7.9% vs FV
Blk 8 LOR LEW LIAN
May 2024 · Floor 10 TO 12
+6.5% vs FV
HELIOS AI Analysis
The valuation of the HDB 2 Room property located in Serangoon, with a remaining lease of 64 years, stands at an estimated value of $85,063, translating to a price per square foot (PSF) of $567. This valuation reflects a market price that is aligned with the baseline, indicating a stable yet cautious approach in the current market dynamics. With a market signal showing a 0% difference from the baseline, it suggests that the property is neither overvalued nor undervalued, positioning it as a potential steady investment for buyers looking to enter the HDB market in this region.
However, it is important to note that the model confidence is categorized as low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. Such a small sample size may not fully encapsulate the broader market trends, and potential investors should consider this factor when evaluating their purchasing decisions. In a landscape characterized by fluctuating demand and varying lease tenures, the remaining lease of 64 years is a critical element that may impact future resale potential and buyer interest. A comprehensive understanding of the evolving market dynamics is essential for stakeholders navigating the real estate landscape in Serangoon.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.