Richards Avenue, Kovan, North-east Region, Singapore
$2,799 /month
- New Listing - Beautifully Renovated This rental is the epitome of luxury and comfort, having undergone a complete renovation to provide spacious, bright, and square-shaped rooms that will leave you breathless. And when we say brand new, we mean it - everything from the furniture to the fixtures is top-of-the-line and waiting for you to enjoy. The master bedroom comes with ensuite, ensuring that you'll have all the privacy and comfort you need. And with a spacious living room complete with a dry kitchen, you'll have plenty of room to relax, entertain, and enjoy life to the fullest. With spacious bedroom that is perfect for placing a study table and even doing yoga, you'll have all the space you need to relax and unwind. The bedroom is bright, airy, and comes with enough room for you to stretch out and get your yoga on. And with plenty of space to set up a study table, you'll be able to stay productive and focused, no matter what you're working on. But that's not even the best part. Located in an unbeatable spot just a stone's throw away from Kovan MRT and Heartland Mall, you'll be able to indulge in everything that this vibrant neighborhood has to offer. Fancy a trip to the wet market, hawker center, or one of the hottest eateries in town? You're just a short walk away. Or maybe you're more in the mood for some hipster coffee and trendy cafes? You guessed it - they're all within walking distance too. Available for short term rental too. Are you ready to see it for yourself? Don't wait - call Adeline Koh from AB Property Sg at 9815XXXX to book an exclusive viewing and discover what this amazing rental has to offer.
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Total Transactions
1
Average Price
S3.1M
Total Value
S3.1M
Calculating fair value from URA transaction data…
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Estimated sale value based on 9 HDB resale transactions (data.gov.sg)
Fair Value
S$361,629
S$517 psf
Asking Price
S$2,799
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Medium
9 comps
Nearest MRT
Kovan
380m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
9 comparable transactions
S$604
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$517
Recent Comparable Transactions
9 shown · 9 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 1 LOR LEW LIAN Floor 10 TO 12 | 689sqft | S$450,000 | ▲S$653 +26.3% vs FV | 99yr from 1978 |
Apr 2026 | Blk 1 LOR LEW LIAN Floor 10 TO 12 | 689sqft | S$450,000 | ▲S$653 +26.3% vs FV | 99yr from 1978 |
Nov 2025 | Blk 1 LOR LEW LIAN Floor 07 TO 09 | 689sqft | S$460,000 | ▲S$668 +29.2% vs FV | 99yr from 1978 |
Jul 2025 | Blk 1 LOR LEW LIAN Floor 10 TO 12 | 689sqft | S$373,000 | ▲S$541 +4.6% vs FV | 99yr from 1978 |
Jul 2025 | Blk 1 LOR LEW LIAN Floor 13 TO 15 | 689sqft | S$438,000 | ▲S$636 +23.0% vs FV | 99yr from 1978 |
Jul 2025 | Blk 1 LOR LEW LIAN Floor 01 TO 03 | 689sqft | S$470,000 | ▲S$682 +31.9% vs FV | 99yr from 1978 |
Feb 2025 | Blk 1 LOR LEW LIAN Floor 04 TO 06 | 786sqft | S$408,000 | ▲S$519 +0.4% vs FV | 99yr from 1978 |
Jan 2025 | Blk 1 LOR LEW LIAN Floor 10 TO 12 | 689sqft | S$396,000 | ▲S$575 +11.2% vs FV | 99yr from 1978 |
Oct 2024 | Blk 1 LOR LEW LIAN Floor 10 TO 12 | 786sqft | S$458,000 | ▲S$583 +12.8% vs FV | 99yr from 1978 |
May 2024 | Blk 1 LOR LEW LIAN Floor 13 TO 15 | 689sqft | S$400,000 | ▲S$581 +12.4% vs FV | 99yr from 1978 |
Blk 1 LOR LEW LIAN
Apr 2026 · Floor 10 TO 12
+26.3% vs FV
Blk 1 LOR LEW LIAN
Apr 2026 · Floor 10 TO 12
+26.3% vs FV
Blk 1 LOR LEW LIAN
Nov 2025 · Floor 07 TO 09
+29.2% vs FV
Blk 1 LOR LEW LIAN
Jul 2025 · Floor 10 TO 12
+4.6% vs FV
Blk 1 LOR LEW LIAN
Jul 2025 · Floor 13 TO 15
+23.0% vs FV
Blk 1 LOR LEW LIAN
Jul 2025 · Floor 01 TO 03
+31.9% vs FV
Blk 1 LOR LEW LIAN
Feb 2025 · Floor 04 TO 06
+0.4% vs FV
Blk 1 LOR LEW LIAN
Jan 2025 · Floor 10 TO 12
+11.2% vs FV
Blk 1 LOR LEW LIAN
Oct 2024 · Floor 10 TO 12
+12.8% vs FV
Blk 1 LOR LEW LIAN
May 2024 · Floor 13 TO 15
+12.4% vs FV
HELIOS AI Analysis
In the heart of Serangoon, the valuation of a 3-room HDB unit reflects the current market dynamics and the enduring appeal of the locality. With an estimated value of $361,629, translating to $517 per square foot, this property remains competitively priced, showing a 0% difference from baseline market prices. Such stability in pricing indicates a balanced market where supply and demand are in alignment, suggesting that buyers recognize the intrinsic value of HDB living in this well-connected area.
Moreover, the remaining lease of 57 years is a crucial factor in the assessment, as it positions the property within a reasonable timeframe for both investment and occupancy. Recent data drawn from 9 comparable HDB resale transactions in the vicinity bolsters the confidence in this valuation, which has been rated as medium confidence. This suggests a moderate degree of certainty regarding market fluctuations and buyer sentiment, reflective of the overall health and desirability of the Serangoon district as a residential locale.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.