38 Kovan Rise 544727, Kovan, North-east Region, Singapore
$5,400 /month











- 3 bedroom + Utility for rent! - NS facing - Regular layout - Bright and windy - 100% move in condition - 3 minutes walk to Kovan MRT (North-East Line) - 1 stop to Serangoon MRT interchange - Door step to F&B Eateries - Ice Edge Cafe, Lola Cafe, Punggol Nasi Lemak, Local Coffee shops etc. - 8 minutes walk to Heartland Mall, Cold Storage, NTUC, Kovan Wet Market & Kovan Food Center Kovan Hawker Centre - Available from 15th November 2025 Don’t miss! Call Evelyn @ 9842XXXX to view now!
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
102
Average Price
S1.5M
Total Value
S151.7M
Calculating fair value from URA transaction data…
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Estimated sale value based on 80 URA transactions
Fair Value
S$1.44M
S$1,272 psf
Asking Price
S$5,400
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
88 yrs
99-year Leasehold · Balance remaining
Confidence
High
80 comps
Nearest MRT
Kovan
372m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
80 comparable transactions
S$1,723
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.702
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
+2%
Adjusted Fair Value PSF
S$1,272
Recent Comparable Transactions
10 shown · 80 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2025 | KOVAN RISE Floor 11-15 | 1,055sqft | S$2,170,000 | ▲S$2,057 +61.7% vs FV | 99 yrs lease commencing from 2012 |
Jun 2025 | KOVAN RISE Floor 11-15 | 1,055sqft | S$2,170,000 | ▲S$2,057 +61.7% vs FV | 99 yrs lease commencing from 2012 |
May 2025 | KOVAN RISE Floor 11-15 | 506sqft | S$933,000 | ▲S$1,844 +45.0% vs FV | 99 yrs lease commencing from 2012 |
May 2025 | KOVAN RISE Floor 01-05 | 1,055sqft | S$1,935,000 | ▲S$1,834 +44.2% vs FV | 99 yrs lease commencing from 2012 |
May 2025 | KOVAN RISE Floor 01-05 | 646sqft | S$1,080,000 | ▲S$1,672 +31.4% vs FV | 99 yrs lease commencing from 2012 |
Apr 2025 | KOVAN RISE Floor 06-10 | 1,055sqft | S$1,980,000 | ▲S$1,877 +47.6% vs FV | 99 yrs lease commencing from 2012 |
Mar 2025 | KOVAN RISE Floor 01-05 | 1,001sqft | S$1,670,000 | ▲S$1,668 +31.1% vs FV | 99 yrs lease commencing from 2012 |
Mar 2025 | KOVAN RISE Floor 11-15 | 592sqft | S$1,000,000 | ▲S$1,689 +32.8% vs FV | 99 yrs lease commencing from 2012 |
Jan 2025 | KOVAN RISE Floor 01-05 | 506sqft | S$855,000 | ▲S$1,690 +32.9% vs FV | 99 yrs lease commencing from 2012 |
Dec 2024 | KOVAN RISE Floor 06-10 | 1,281sqft | S$2,400,000 | ▲S$1,874 +47.3% vs FV | 99 yrs lease commencing from 2012 |
Dec 2024 | KOVAN RISE Floor 06-10 | 1,055sqft | S$1,950,000 | ▲S$1,849 +45.4% vs FV | 99 yrs lease commencing from 2012 |
KOVAN RISE
Jun 2025 · Floor 11-15
+61.7% vs FV
KOVAN RISE
Jun 2025 · Floor 11-15
+61.7% vs FV
KOVAN RISE
May 2025 · Floor 11-15
+45.0% vs FV
KOVAN RISE
May 2025 · Floor 01-05
+44.2% vs FV
KOVAN RISE
May 2025 · Floor 01-05
+31.4% vs FV
KOVAN RISE
Apr 2025 · Floor 06-10
+47.6% vs FV
KOVAN RISE
Mar 2025 · Floor 01-05
+31.1% vs FV
KOVAN RISE
Mar 2025 · Floor 11-15
+32.8% vs FV
KOVAN RISE
Jan 2025 · Floor 01-05
+32.9% vs FV
KOVAN RISE
Dec 2024 · Floor 06-10
+47.3% vs FV
KOVAN RISE
Dec 2024 · Floor 06-10
+45.4% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.