Predictive Property

PropertyCorridors

PREDICTIVE PROPERTY: 16-3 KOVAN ROAD

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ML Indicative Values

ML Indicative Value: $9,255,400 [ (2,941 psf * 2,637 sqft) + $1,500,000 BCA Capital Expenditure ]

Gross Indicative Capital Gain Today: $1,725,400

Net Indicative Capital Gain Today: $225,400

Asking Price

$8,300,000

Asking PSF: $3,148

Premium Verified

Listing TypeMultiple-Agent Listing

Posted Times1 time(s)

First Posted16-May-2025

Last Posted16-May-2025

Agent Ng Gek Chong (黄岳聪) (R060410D)

AgencySRI PTE. LTD.

Time On Market

1 year 4 months 27 days · Based on first posted date

View Listing Details

Asking Price

$7,888,888

Asking PSF: $2,992

Standard

Listing TypeMultiple-Agent Listing

Posted Times3 time(s)

First Posted24-Oct-2025

Last Posted29-Nov-2025

Agent Lim Tiong Joo Edmund (R000653C)

AgencySN REAL ESTATE PTE. LTD.

Time On Market

11 months 19 days · Based on first posted date

View Listing Details

Probable Settlement Price

$8,674,931

Transaction Info

Transaction Amount $7,530,000

PSF $2,855

Last Transaction 13-Jul-2026

Property Details

Land Area2,637 sqft (Area from ura.gov.sg)

TenureFreehold

Property TypeTerrace House

Location

Postal Code548061

District19

Area NameLOWLAND ROAD

Planning Info

Planning AreaHougang

Planning RegionNorth East Region

Planning SubzoneKovan

Land Registry

Mukim NumberMK22-98501C

Balance Lease999 Years

House TypeTerrace House

Regulatory

BCA InformationModification After Sale

BCA Total Cost $1,500,000

Planning DecisionNo PD Since 1990

Past Sale Transactions

No.	Transaction Date	Purchased Price	PSF	Area (Sqft)	Sale Type	House Type	Source
1	06-Jun-2024	$3,770,657	$1,430	2,637	Resale	Terrace House	URA
2	13-Jul-2026	$7,530,000	$2,855	2,637	Resale	Terrace House	URA

No.	Transaction Date	Purchased Price	PSF	Area (Sqft)	Source
1	06-Jun-2024	$3,770,000	1,429.80	2,637	Others

Past Rental Transactions (Last 3 Years)

No rental transactions found.

Maps

1995

Start of SLA Digital Journey

House Type	Terrace House
Tenure	Freehold
Area	2,637 sqft

06-Jun-2024

Resale

Purchased Price	$3,770,657
PSF	$1,430
Area	2,637 sqft

01-Feb-2025

Permits to Commence Structural Works

Date	01-Feb-2025
Description	PROPOSED NEW ERECTION OF ONE (1) UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING HOUSE WITH A MEZZANINE, AN ATTIC AND A SWIMMING POOL ON LOT 98501C MK22 AT 16-3 KOVAN ROAD SINGAPORE 548061 (HOUGANG PLANNING AREA) ON LOT 98501C MK22 AT 43906 KOVAN ROAD
Cost	$1,500,000 15MONTH(S)
Builder	HUA SIN ENGINEERING PTE LTD
Architect	XU NAIYAN

30-Dec-2025

Planning Decision

Submission	PROPOSED NEW ERECTION OF ONE (1) UNIT OF 3-STOREY ENVELOPE CONTROL CORNER TERRACE DWELLING HOUSE WITH A MEZZANINE, AN ATTIC AND A SWIMMING POOL ON LOT 98501C MK22 AT 16-3 KOVAN ROAD SINGAPORE 548061 (HOUGANG PLANNING AREA)
Decision Date	30-Dec-2025
Decision Type	Written Permission
Apply Type	New Erection
Decision No	P130924-13J3-Z000

13-Jul-2026

Resale

Purchased Price	$7,530,000
PSF	$2,855
Area	2,637 sqft

14-Jul-2026

Planning Decision

Submission	SUBDIVISION OF LAND INTO 2 PLOTS
Decision Date	14-Jul-2026
Decision Type	Written Permission
Apply Type	Subdivision of Land
Decision No	P270626-04F1-Z000

Today

Today's ML Valuation

Live

Description	Price	PSF
Type: Terrace House Tenure: Freehold Latest Contract Date: 13-Jul-2026 Area: 2,637 Sqft	$7,530,000	$2,855
Price Index	$2,941	$2,941
House Adjustment	0	$2,941
BCA Cost	$1,500,000
ML Indicative Valuation	$9,255,400
Gross Indicative Capital Gain Today	$1,725,400

Nearby MRT / Train Stations

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Predictive Vacancy for 2026
#	School Name	Area	Address	Distance	2C	2C (%)	Registration(2C)	2CS	2CS (%)	Registration(2CS)	Phase 3
1	Xinghua Primary School	Hougang	45 Hougang Avenue 1, S538882	885m	140	100.0%	40	Not Applicable	Not Applicable	Not Applicable	60
2	Paya Lebar Methodist Girls' School (Primary)	Hougang	298 Lorong Ah Soo, S536741	1.0km	97	94.0%	103	Not Applicable	Not Applicable	Not Applicable	0
3	Xinmin Primary School	Hougang	9 Hougang Avenue 8, S538784	1.3km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0
4	Holy Innocents' Primary School	Hougang	5 Lorong Low Koon, S536451	1.4km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0
5	Zhonghua Primary School	Serangoon	12 Serangoon Avenue 4, S556095	1.4km	Not Applicable	Not Applicable	Not Applicable	103	100.0%	24	74
6	Rosyth School	Serangoon	21 Serangoon North Avenue 4, S555855	1.7km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0
7	Montfort Junior School	Hougang	52 Hougang Avenue 8, S538786	1.7km	Not Applicable	Not Applicable	Not Applicable	104	100.0%	22	74
8	Yangzheng Primary School	Serangoon	15 Serangoon Avenue 3, S556108	2.0km	Not Applicable	Not Applicable	Not Applicable	0	0%	0	0
9	Hougang Primary School	Hougang	1 Hougang St 93, S534238	2.0km	Not Applicable	Not Applicable	Not Applicable	9	41.0%	22	0
10	Yio Chu Kang Primary School	Hougang	1 Hougang Street 51, S538720	2.0km	Not Applicable	Not Applicable	Not Applicable	98	100.0%	28	49
11	CHIJ Our Lady of Good Counsel	Serangoon	2C Burghley Drive, S558979	2.1km	Not Applicable	Not Applicable	Not Applicable	58	100.0%	30	18

Legal Requisition for this house

Legal Requisition

No file found.

Road Line Plan

No file found.

Drainage Plan

No file found.

Railway Protection Plan

No file found.

Sewerage Information Plan

No file found.

Water Service Plan

No file found.

Legal Requisition Along the street

No properties found on this street.

Machine Learning Valuation Price

Street ML Valuations Map

ML = Machine Learning Valuation

Street Transactions & Valuations

Address	Sqft	Purchased Price	Transaction Date	Valuation Price	Planning Decisions/BCA	BCA Cost	View
2B KOVAN ROAD	3,549	$5,200,000 ($1,465 Psf)	25-Aug-2026	$6,547,905 ($1,845 Psf)	Yes / Modification Before Sale	0	View
67E KOVAN ROAD	2,495	$4,900,000 ($1,964 Psf)	21-Aug-2026	$6,117,740 ($2,452 Psf)	Yes / Modification Before Sale	0	View
16-3 KOVAN ROAD	2,637	$7,530,000 ($2,856 Psf)	13-Jul-2026	$9,255,417 ($2,941 Psf)	N.A / Modification After Sale	1,500,000	View
2M KOVAN ROAD	2,736	$4,828,888 ($1,765 Psf)	11-May-2026	$8,738,512 ($2,517 Psf)	Yes / Modification After Sale	1,852,000	View
4B KOVAN ROAD	1,713	$4,730,000 ($2,761 Psf)	26-Mar-2026	$4,736,445 ($2,765 Psf)	N.A / N.A	0	View
8A KOVAN ROAD	2,984	$5,680,000 ($1,903 Psf)	01-Dec-2025	$6,740,856 ($2,259 Psf)	Yes / Modification Before Sale	0	View
38 KOVAN ROAD	4,366	$9,988,888 ($2,288 Psf)	22-Jul-2025	$12,423,550 ($2,425 Psf)	Yes / Modification Before Sale	1,836,000	View
38A KOVAN ROAD	4,384	$11,000,000 ($2,509 Psf)	14-Jan-2025	$13,497,440 ($2,660 Psf)	Yes / Modification Before Sale	1,836,000	View
75A KOVAN ROAD	1,767	$4,250,000 ($2,405 Psf)	24-Dec-2024	$4,620,705 ($2,615 Psf)	N.A / N.A	0	View
67D KOVAN ROAD	1,849	$4,108,888 ($2,222 Psf)	23-Dec-2024	$4,502,315 ($2,435 Psf)	N.A / N.A	0	View
2P KOVAN ROAD	3,942	$4,900,000 ($1,243 Psf)	14-Sep-2023	$8,998,446 ($1,863 Psf)	Yes / Modification After Sale	1,654,500	View
2N KOVAN ROAD	1,950	$3,380,000 ($1,733 Psf)	10-Jul-2023	$5,871,950 ($2,601 Psf)	Yes / Modification After Sale	800,000	View
2H KOVAN ROAD	4,100	$5,200,000 ($1,268 Psf)	15-Jun-2023	$7,117,600 ($1,736 Psf)	N.A / N.A	0	View
26B KOVAN ROAD	2,462	$4,950,000 ($2,011 Psf)	23-May-2023	$6,787,948 ($2,554 Psf)	Yes / Modification Before Sale	500,000	View
24E KOVAN ROAD	1,673	$3,060,000 ($1,829 Psf)	22-Mar-2023	$5,867,480 ($2,760 Psf)	Yes / Modification After Sale	1,250,000	View
39E KOVAN ROAD	2,134	$3,440,000 ($1,612 Psf)	18-Nov-2022	$6,865,770 ($2,655 Psf)	Yes / Modification After Sale	1,200,000	View
24F KOVAN ROAD	1,681	$3,050,000 ($1,814 Psf)	04-Oct-2022	$4,760,592 ($2,832 Psf)	N.A / N.A	0	View
24G KOVAN ROAD	3,754	$5,300,000 ($1,412 Psf)	19-Sep-2022	$7,072,536 ($1,884 Psf)	Yes / Modification Before Sale	0	View
2A KOVAN ROAD	3,041	$4,330,000 ($1,424 Psf)	30-Nov-2021	$7,945,644 ($2,284 Psf)	Yes / Modification After Sale	1,000,000	View
24D KOVAN ROAD	1,736	$2,880,000 ($1,659 Psf)	19-Nov-2021	$4,786,152 ($2,757 Psf)	N.A / N.A	0	View
39F KOVAN ROAD	3,176	$3,660,000 ($1,152 Psf)	18-Aug-2020	$7,237,696 ($2,146 Psf)	N.A / Modification Before Sale	422,000	View
67F KOVAN ROAD	2,411	$3,250,000 ($1,348 Psf)	19-Nov-2019	$6,369,862 ($2,642 Psf)	Yes / Modification Before Sale	0	View
8D KOVAN ROAD	2,101	$2,780,000 ($1,323 Psf)	10-Jun-2019	$5,735,852 ($2,652 Psf)	Yes / Modification Before Sale	164,000	View
71A KOVAN ROAD	1,848	$2,860,000 ($1,548 Psf)	30-Jul-2018	$4,886,112 ($2,644 Psf)	N.A / N.A	0	View
39C KOVAN ROAD	2,075	$2,150,000 ($1,036 Psf)	16-Sep-2016	$5,081,675 ($2,449 Psf)	N.A / N.A	0	View
77B KOVAN ROAD	2,305	$2,770,000 ($1,202 Psf)	28-Jan-2015	$5,822,430 ($2,526 Psf)	Yes / Modification Before Sale	0	View
26F KOVAN ROAD	4,958	$3,820,000 ($770 Psf)	08-May-2013	$8,215,406 ($1,657 Psf)	N.A / N.A	0	View
4 KOVAN ROAD	2,044	$2,650,000 ($1,296 Psf)	16-Aug-2012	$5,005,756 ($2,449 Psf)	N.A / N.A	0	View
39D KOVAN ROAD	2,105	$1,860,000 ($884 Psf)	30-Apr-2012	$6,082,460 ($2,652 Psf)	Yes / Modification After Sale	500,000	View
24C KOVAN ROAD	1,882	$715,000 ($380 Psf)	07-Nov-2010	$4,921,430 ($2,615 Psf)	N.A / N.A	0	View
16 KOVAN ROAD	2,157	$1,190,000 ($552 Psf)	29-Aug-2008	$5,297,592 ($2,456 Psf)	N.A / N.A	0	View
67J KOVAN ROAD	1,480	$1,380,000 ($932 Psf)	29-Jun-2008	$4,440,000 ($3,000 Psf)	Yes / Modification Before Sale	0	View
39A KOVAN ROAD	2,015	$1,150,000 ($571 Psf)	27-Jun-2007	$4,973,020 ($2,468 Psf)	N.A / N.A	0	View
8B KOVAN ROAD	1,791	$1,250,000 ($698 Psf)	12-Jun-2007	$4,866,147 ($2,717 Psf)	Yes / Modification Before Sale	0	View
8 KOVAN ROAD	2,086	$1,140,000 ($547 Psf)	28-Sep-2006	$5,611,158 ($2,653 Psf)	Yes / Modification After Sale	77,000	View
67B KOVAN ROAD	1,830	$900,000 ($492 Psf)	21-Jun-2005	$4,771,340 ($2,498 Psf)	Yes / Modification After Sale	200,000	View
67C KOVAN ROAD	1,832	$1,048,000 ($572 Psf)	15-May-2002	$4,849,304 ($2,647 Psf)	N.A / N.A	0	View
2J KOVAN ROAD	2,663	$1,110,000 ($417 Psf)	01-Sep-2000	$6,692,119 ($2,513 Psf)	Yes / Modification After Sale	0	View
2C KOVAN ROAD	2,400	$1,580,000 ($658 Psf)	02-Apr-2000	$6,288,000 ($2,620 Psf)	Yes / Modification Before Sale	0	View
67K KOVAN ROAD	1,607	$1,130,000 ($703 Psf)	01-Apr-1999	$4,716,545 ($2,935 Psf)	Yes / Modification After Sale	0	View
55 KOVAN ROAD	5,247	$1,700,000 ($324 Psf)	01-Mar-1999	$9,591,516 ($1,828 Psf)	Yes / Modification Before Sale	0	View
77A KOVAN ROAD	1,618	$1,300,000 ($803 Psf)	01-Oct-1997	$4,870,180 ($3,010 Psf)	N.A / N.A	0	View
8C KOVAN ROAD	1,636	$1,520,000 ($929 Psf)	11-Sep-1995	$4,827,836 ($2,951 Psf)	Yes / Modification After Sale	0	View
16-1 KOVAN ROAD	2,136	$1,315,776 ($616 Psf)	No Tran Since 1995	$5,237,472 ($2,452 Psf)	N.A / N.A	0	View
16-2 KOVAN ROAD	2,118	$1,304,688 ($616 Psf)	No Tran Since 1995	$5,195,454 ($2,453 Psf)	N.A / N.A	0	View
24 KOVAN ROAD	2,622	$1,615,152 ($616 Psf)	No Tran Since 1995	$5,883,768 ($2,244 Psf)	N.A / N.A	0	View
24A KOVAN ROAD	1,881	$1,158,696 ($616 Psf)	No Tran Since 1995	$4,920,696 ($2,616 Psf)	N.A / N.A	0	View
24B KOVAN ROAD	1,881	$1,158,696 ($616 Psf)	No Tran Since 1995	$4,920,696 ($2,616 Psf)	N.A / N.A	0	View
26 KOVAN ROAD	3,556	$2,190,496 ($616 Psf)	No Tran Since 1995	$6,987,196 ($1,941 Psf)	Yes / Modification After Sale	85,000	View
26A KOVAN ROAD	2,469	$1,520,904 ($616 Psf)	No Tran Since 1995	$6,554,950 ($2,550 Psf)	Yes / Modification After Sale	259,000	View
26C KOVAN ROAD	2,461	$1,515,976 ($616 Psf)	No Tran Since 1995	$7,102,394 ($2,554 Psf)	Yes / Modification After Sale	817,000	View
26D KOVAN ROAD	2,322	$1,430,352 ($616 Psf)	No Tran Since 1995	$6,104,538 ($2,629 Psf)	Yes / Modification After Sale	0	View
26E KOVAN ROAD	2,209	$1,360,744 ($616 Psf)	No Tran Since 1995	$5,392,169 ($2,441 Psf)	N.A / N.A	0	View
2D KOVAN ROAD	2,372	$1,461,152 ($616 Psf)	No Tran Since 1995	$5,609,780 ($2,365 Psf)	N.A / N.A	0	View
2E KOVAN ROAD	3,638	$2,241,008 ($616 Psf)	No Tran Since 1995	$6,668,454 ($1,833 Psf)	Yes / Modification After Sale	0	View
2F KOVAN ROAD	4,085	$2,516,360 ($616 Psf)	No Tran Since 1995	$7,524,570 ($1,842 Psf)	N.A / N.A	0	View
2G KOVAN ROAD	4,654	$2,866,864 ($616 Psf)	No Tran Since 1995	$8,558,706 ($1,839 Psf)	N.A / N.A	0	View
2K KOVAN ROAD	2,689	$1,656,424 ($616 Psf)	No Tran Since 1995	$6,380,997 ($2,373 Psf)	N.A / Modification After Sale	0	View
2L KOVAN ROAD	2,712	$1,670,592 ($616 Psf)	No Tran Since 1995	$6,042,336 ($2,228 Psf)	N.A / N.A	0	View
39 KOVAN ROAD	3,339	$2,056,824 ($616 Psf)	No Tran Since 1995	$6,230,574 ($1,866 Psf)	N.A / N.A	0	View
39B KOVAN ROAD	2,045	$1,259,720 ($616 Psf)	No Tran Since 1995	$5,008,205 ($2,449 Psf)	N.A / N.A	0	View
40 KOVAN ROAD	4,193	$2,582,888 ($616 Psf)	No Tran Since 1995	$7,727,699 ($1,843 Psf)	N.A / N.A	0	View
42 KOVAN ROAD	4,429	$2,728,264 ($616 Psf)	No Tran Since 1995	$8,153,789 ($1,841 Psf)	N.A / N.A	0	View
43 KOVAN ROAD	20,058	$12,355,728 ($616 Psf)	No Tran Since 1995	$33,015,468 ($1,646 Psf)	N.A / N.A	0	View
46 KOVAN ROAD	11,265	$6,939,240 ($616 Psf)	No Tran Since 1995	$20,096,570 ($1,738 Psf)	Yes / Modification After Sale	518,000	View
48 KOVAN ROAD	11,595	$7,142,520 ($616 Psf)	No Tran Since 1995	$19,375,245 ($1,671 Psf)	N.A / N.A	0	View
4A KOVAN ROAD	1,712	$1,054,592 ($616 Psf)	No Tran Since 1995	$4,779,904 ($2,792 Psf)	N.A / N.A	0	View
4C KOVAN ROAD	1,712	$1,054,592 ($616 Psf)	No Tran Since 1995	$4,779,904 ($2,792 Psf)	N.A / N.A	0	View
4D KOVAN ROAD	1,713	$1,055,208 ($616 Psf)	No Tran Since 1995	$4,775,844 ($2,788 Psf)	N.A / N.A	0	View
4E KOVAN ROAD	2,526	$1,556,016 ($616 Psf)	No Tran Since 1995	$5,746,650 ($2,275 Psf)	N.A / N.A	0	View
55A KOVAN ROAD	4,901	$3,019,016 ($616 Psf)	No Tran Since 1995	$9,292,296 ($1,896 Psf)	Yes / Modification After Sale	0	View
6 KOVAN ROAD	3,098	$1,908,368 ($616 Psf)	No Tran Since 1995	$7,502,950 ($2,275 Psf)	Yes / Modification After Sale	455,000	View
61 KOVAN ROAD	4,040	$2,488,640 ($616 Psf)	No Tran Since 1995	$7,651,760 ($1,894 Psf)	N.A / N.A	0	View
63 KOVAN ROAD	1,756	$1,081,696 ($616 Psf)	No Tran Since 1995	$4,950,164 ($2,819 Psf)	N.A / N.A	0	View
65 KOVAN ROAD	1,753	$1,079,848 ($616 Psf)	No Tran Since 1995	$5,003,062 ($2,854 Psf)	N.A / N.A	0	View
65A KOVAN ROAD	3,182	$1,960,112 ($616 Psf)	No Tran Since 1995	$6,784,024 ($2,132 Psf)	N.A / N.A	0	View
67 KOVAN ROAD	3,223	$1,985,368 ($616 Psf)	No Tran Since 1995	$6,832,760 ($2,120 Psf)	N.A / N.A	0	View
67-2 KOVAN ROAD	1,585	$976,360 ($616 Psf)	No Tran Since 1995	$4,404,715 ($2,779 Psf)	N.A / N.A	0	View
67A KOVAN ROAD	2,433	$1,498,728 ($616 Psf)	No Tran Since 1995	$6,425,553 ($2,641 Psf)	Yes / Modification After Sale	0	View
69 KOVAN ROAD	2,629	$1,619,464 ($616 Psf)	No Tran Since 1995	$6,690,805 ($2,545 Psf)	Yes / Modification After Sale	0	View
6A KOVAN ROAD	2,089	$1,286,824 ($616 Psf)	No Tran Since 1995	$5,115,961 ($2,449 Psf)	N.A / N.A	0	View
71 KOVAN ROAD	2,790	$1,718,640 ($616 Psf)	No Tran Since 1995	$6,006,870 ($2,153 Psf)	N.A / N.A	0	View
73 KOVAN ROAD	1,852	$1,140,832 ($616 Psf)	No Tran Since 1995	$4,896,688 ($2,644 Psf)	N.A / N.A	0	View
73A KOVAN ROAD	1,934	$1,191,344 ($616 Psf)	No Tran Since 1995	$5,098,024 ($2,636 Psf)	N.A / N.A	0	View
75 KOVAN ROAD	1,611	$992,376 ($616 Psf)	No Tran Since 1995	$4,502,745 ($2,795 Psf)	N.A / N.A	0	View
75B KOVAN ROAD	1,612	$992,992 ($616 Psf)	No Tran Since 1995	$4,703,816 ($2,918 Psf)	Yes / Modification After Sale	0	View
77 KOVAN ROAD	1,615	$994,840 ($616 Psf)	No Tran Since 1995	$4,846,615 ($3,001 Psf)	Yes / Modification After Sale	0	View

Showing 1–10 of 87 entries

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Asking Price vs ML Valuation

Asking Price vs ML Valuation Map

Asking Price above ML (overpriced) Asking Price at/below ML

Disclaimer The property insights and predictions provided on this website are based on publicly available data sourced from public domains, data silos collated, third-party listing portals and processed using proprietary artificial intelligence (AI) technology. If your property appears on our website and it is not intended for sale, or included in error, please contact us immediately. Upon verification, we will take immediate steps to remove the said property from our platform.