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 137 HDB resale transactions (data.gov.sg) · 2 outliers removed (IQR)
Fair Value
S$892,356
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
137 comps
Nearest MRT
Kovan
500m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
137 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 · 137 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 |
May 2026 | Blk 329 SERANGOON AVE 3 Floor 01 TO 03 | 1,313sqft | S$810,000 | ▼S$617 -11.5% vs FV | 99yr from 1986 |
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 |
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 329 SERANGOON AVE 3
May 2026 · Floor 01 TO 03
-11.5% 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
HELIOS AI Analysis
In the competitive landscape of Singapore's real estate market, the valuation of the 5-room HDB unit in Serangoon stands at an estimated value of $892,356, translating to a price per square foot of $697. With a remaining lease of 81 years, this property presents a promising opportunity for both homebuyers and investors, particularly given its strategic location within a vibrant residential precinct. The strong remaining lease period enhances its attractiveness, ensuring that the property remains a viable option in the long-term housing landscape.
The market dynamics surrounding this valuation indicate a stable environment, as evidenced by the 0% difference from the baseline market price. This equilibrium suggests that the property is priced accurately in line with current market conditions, reflecting the robust demand for HDB units in the region. The analysis is reinforced by a high model confidence level, drawing on insights from 137 recent HDB resale transactions in the vicinity. Such a comprehensive dataset underpins the reliability of this valuation, indicating a healthy market sentiment and solidifying Serangoon's reputation as a desirable residential area.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.