Lim Ah Pin Road, Kovan, North-east Region, Singapore
$4,500 /month
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Total Transactions
4
Average Price
S1.1M
Total Value
S4.3M
Calculating fair value from URA transaction data…
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Estimated sale value based on 135 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$892,243
S$697 psf
Asking Price
S$4,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
81 yrs
99-year Leasehold · Balance remaining
Confidence
High
135 comps
Nearest MRT
Kovan
500m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
135 comparable transactions
S$632
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$697
Recent Comparable Transactions
10 shown · 135 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMay 2026 | Blk 312 SERANGOON AVE 2 Floor 07 TO 09 | 1,302sqft | S$790,000 | ▼S$607 -12.9% vs FV | 99yr from 1985 |
May 2026 | Blk 312 SERANGOON AVE 2 Floor 07 TO 09 | 1,302sqft | S$790,000 | ▼S$607 -12.9% vs FV | 99yr from 1985 |
Jul 2025 | Blk 310 SERANGOON AVE 2 Floor 04 TO 06 | 1,302sqft | S$800,000 | ▼S$614 -11.9% vs FV | 99yr from 1985 |
Jul 2025 | Blk 331 SERANGOON AVE 3 Floor 01 TO 03 | 1,302sqft | S$800,000 | ▼S$614 -11.9% vs FV | 99yr from 1986 |
Jul 2025 | Blk 331 SERANGOON AVE 3 Floor 07 TO 09 | 1,313sqft | S$950,000 | ▲S$723 +3.7% vs FV | 99yr from 1986 |
Feb 2025 | Blk 312 SERANGOON AVE 2 Floor 01 TO 03 | 1,346sqft | S$738,000 | ▼S$548 -21.4% vs FV | 99yr from 1985 |
Jan 2025 | Blk 333 SERANGOON AVE 3 Floor 04 TO 06 | 1,313sqft | S$892,000 | ▼S$679 -2.6% vs FV | 99yr from 1986 |
Sep 2024 | Blk 334 SERANGOON AVE 3 Floor 07 TO 09 | 1,302sqft | S$790,000 | ▼S$607 -12.9% vs FV | 99yr from 1987 |
Sep 2024 | Blk 331 SERANGOON AVE 3 Floor 04 TO 06 | 1,302sqft | S$884,000 | ▼S$679 -2.6% vs FV | 99yr from 1986 |
Jun 2024 | Blk 331 SERANGOON AVE 3 Floor 01 TO 03 | 1,313sqft | S$847,000 | ▼S$645 -7.5% vs FV | 99yr from 1986 |
May 2026 | Blk 403 SERANGOON AVE 1 Floor 04 TO 06 | 1,302sqft | S$980,000 | ▲S$752 +7.9% vs FV | 99yr from 1988 |
Blk 312 SERANGOON AVE 2
May 2026 · Floor 07 TO 09
-12.9% vs FV
Blk 312 SERANGOON AVE 2
May 2026 · Floor 07 TO 09
-12.9% vs FV
Blk 310 SERANGOON AVE 2
Jul 2025 · Floor 04 TO 06
-11.9% vs FV
Blk 331 SERANGOON AVE 3
Jul 2025 · Floor 01 TO 03
-11.9% vs FV
Blk 331 SERANGOON AVE 3
Jul 2025 · Floor 07 TO 09
+3.7% vs FV
Blk 312 SERANGOON AVE 2
Feb 2025 · Floor 01 TO 03
-21.4% vs FV
Blk 333 SERANGOON AVE 3
Jan 2025 · Floor 04 TO 06
-2.6% vs FV
Blk 334 SERANGOON AVE 3
Sep 2024 · Floor 07 TO 09
-12.9% vs FV
Blk 331 SERANGOON AVE 3
Sep 2024 · Floor 04 TO 06
-2.6% vs FV
Blk 331 SERANGOON AVE 3
Jun 2024 · Floor 01 TO 03
-7.5% vs FV
Blk 403 SERANGOON AVE 1
May 2026 · Floor 04 TO 06
+7.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 5 Room property in Serangoon, with a remaining lease of 81 years, stands at an estimated value of $892,243, translating to a price per square foot (PSF) of $697. This valuation reflects a market price that aligns closely with the baseline, indicating a 0% difference from the established market average. Such stability in pricing suggests a robust demand for HDB units in this sought-after district, which is well-known for its accessibility and community amenities.
With a high model confidence rating, this valuation is supported by a comprehensive analysis of 135 recent HDB resale transactions in the vicinity. The resilience of the market, coupled with an 81-year remaining lease, positions this property favorably within the context of Singapore's evolving real estate landscape. Buyers and investors can expect a stable investment opportunity, as the longevity of the lease minimizes concerns about depreciation in value over time. Overall, this HDB unit exemplifies the appeal of Serangoon as a prime residential locale, further underscoring the importance of lease duration in property valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.