2 Kovan Rise 544734, Kovan, North-east Region, Singapore
$3,400 /month







*****Keys on Hands - Viewing Daily***** Mid Floor Available after 22nd August 2025 Bright & Well maintained. Almost like Brand New 2bedder North - South facing Fully Furnished Flexible lease of 1yr or 2 yrs. Within walking distance to Kovan MRT, heartland mall, supermarket, banks and hawker centre. Quite development - Landed enclave / surroundings Good profile tenants are most welcome. All business partners / Agents are most welcome! Should you need further clarification, please feel free to call Philip at +65 9180 XXXX for an non obligation discussion.
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 76 URA transactions
Fair Value
S$765,455
S$1,293 psf
Asking Price
S$3,400
S$6 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
89 yrs
99-year Leasehold · Balance remaining
Confidence
High
76 comps
Nearest MRT
Kovan
372m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
76 comparable transactions
S$1,728
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.727
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,293
Recent Comparable Transactions
10 shown · 76 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 +59.1% vs FV | 99 yrs lease commencing from 2012 |
Jun 2025 | KOVAN RISE Floor 11-15 | 1,055sqft | S$2,170,000 | ▲S$2,057 +59.1% vs FV | 99 yrs lease commencing from 2012 |
May 2025 | KOVAN RISE Floor 11-15 | 506sqft | S$933,000 | ▲S$1,844 +42.6% vs FV | 99 yrs lease commencing from 2012 |
May 2025 | KOVAN RISE Floor 01-05 | 1,055sqft | S$1,935,000 | ▲S$1,834 +41.8% vs FV | 99 yrs lease commencing from 2012 |
May 2025 | KOVAN RISE Floor 01-05 | 646sqft | S$1,080,000 | ▲S$1,672 +29.3% vs FV | 99 yrs lease commencing from 2012 |
Apr 2025 | KOVAN RISE Floor 06-10 | 1,055sqft | S$1,980,000 | ▲S$1,877 +45.2% vs FV | 99 yrs lease commencing from 2012 |
Mar 2025 | KOVAN RISE Floor 01-05 | 1,001sqft | S$1,670,000 | ▲S$1,668 +29.0% vs FV | 99 yrs lease commencing from 2012 |
Mar 2025 | KOVAN RISE Floor 11-15 | 592sqft | S$1,000,000 | ▲S$1,689 +30.6% vs FV | 99 yrs lease commencing from 2012 |
Jan 2025 | KOVAN RISE Floor 01-05 | 506sqft | S$855,000 | ▲S$1,690 +30.7% vs FV | 99 yrs lease commencing from 2012 |
Dec 2024 | KOVAN RISE Floor 06-10 | 1,281sqft | S$2,400,000 | ▲S$1,874 +44.9% vs FV | 99 yrs lease commencing from 2012 |
Dec 2024 | KOVAN RISE Floor 06-10 | 1,055sqft | S$1,950,000 | ▲S$1,849 +43.0% vs FV | 99 yrs lease commencing from 2012 |
KOVAN RISE
Jun 2025 · Floor 11-15
+59.1% vs FV
KOVAN RISE
Jun 2025 · Floor 11-15
+59.1% vs FV
KOVAN RISE
May 2025 · Floor 11-15
+42.6% vs FV
KOVAN RISE
May 2025 · Floor 01-05
+41.8% vs FV
KOVAN RISE
May 2025 · Floor 01-05
+29.3% vs FV
KOVAN RISE
Apr 2025 · Floor 06-10
+45.2% vs FV
KOVAN RISE
Mar 2025 · Floor 01-05
+29.0% vs FV
KOVAN RISE
Mar 2025 · Floor 11-15
+30.6% vs FV
KOVAN RISE
Jan 2025 · Floor 01-05
+30.7% vs FV
KOVAN RISE
Dec 2024 · Floor 06-10
+44.9% vs FV
KOVAN RISE
Dec 2024 · Floor 06-10
+43.0% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.