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
The valuation of the HDB 5-room unit in Serangoon, with an estimated value of $892,356 (or $697 PSF), reflects a robust understanding of the current market dynamics and the intrinsic value associated with this property type. With a remaining lease of 81 years, this unit is positioned favorably within a vibrant residential enclave that continues to attract interest from both homeowners and investors alike. The high model confidence, corroborated by 137 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation amidst a competitive housing market.
It is noteworthy that the market signal indicates a 0% difference from the baseline, suggesting that the current valuation aligns perfectly with prevailing market trends. This equilibrium points to a stability in property prices within the Serangoon area, reflecting a balanced supply-demand scenario. The enduring appeal of HDB flats in this location, combined with their relatively long lease, positions this property not only as a home but also as a solid investment opportunity in Singapore's evolving real estate landscape.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.