HomeRentApartment Whole Unit2RMD19 - Hougang / Punggol / SengkangKovan Grandeur2 Bed Apartment (Condo) for Rent in Kovan Grandeur

2 Bed Apartment (Condo) for Rent in Kovan Grandeur

118 Tampines Road 535193, Lorong Ah Soo, North-east Region, Singapore

$3,200 /month

Added 2 months ago
Beds: 2Baths: 2Area: 571 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Property Details

Property IDLKLWijFy2Ztpbz5x7zLA4C
PriceS$3,200
StatusFor rent
Beds2
Baths2
Built Area571 sqft
PSF
S$6
Year Built2012
Furnished StatusUnknown

Description

Development Information

District & Area

D19 - Hougang

Nearest MRT

Kovan MRT

Tenure

99 years

TOP Date

1 January 2012

Project Size

Small (74 units)

74 units

Building Structure

1 Block

Developer

Fragrance Properties Pte Ltd

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Kovan Grandeur has a total of 74 units, from 1 Bed - 1 Bath to 3 Bed - 2 Bath units. There are 23 types of floor plans from 366 sqft to 1,324 sqft.

Development Facilities
BBQFitness CornerGymParkingPlaygroundSecuritySwimming PoolWading Pool
About This Development

Kovan Grandeur is a 99 years leasehold Condo Apartment located in Hougang, District 19. Completed in 2012, it has a total of 1 blocks within the development and comprises a total of 74 units. It is within walking distance to MRT stations such as Kovan MRT and Defu MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Kovan Grandeur is also close to schools like Xinghua Primary School, Yuying Secondary School and Holy Innocents' Primary School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage - Heartland Mall (Kovan) and FairPrice Finest - Finest Hougang for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Comwell Medical Clinic. Lim Ah Pin Road Post Office is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Community landscape garden, to enjoy some fresh air.

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Features & Amenities
Security
Gym
Wading pool
Playground
Parking
Swimming pool
Aircon
Fitness corner
Bbq

Location

118 Tampines Road 535193, Lorong Ah Soo, North-east Region, Singapore

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Total Transactions

32

Average Price

S685K

Total Value

S21.9M

Sales Timeline

Property Value Estimate

Estimated sale value based on 31 URA transactions

Fair Value

S$517,745

S$907 psf

Asking Price

S$3,200

S$6 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

85 yrs

99-year Leasehold · Balance remaining

Confidence

High

31 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Kovan

769m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

31 comparable transactions

S$1,418

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.633

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$907

Recent Comparable Transactions

10 shown · 31 total
Last Done

TAMPINES ROAD

Aug 2025 · Floor 01-05

S$1,542 psf

+70.0% vs FV

431 sqftS$663,80099 yrs lease commencing from 2010

TAMPINES ROAD

Aug 2025 · Floor 01-05

S$1,542 psf

+70.0% vs FV

431 sqftS$663,80099 yrs lease commencing from 2010

TAMPINES ROAD

Jul 2025 · Floor 01-05

S$1,472 psf

+62.3% vs FV

570 sqftS$840,00099 yrs lease commencing from 2010

TAMPINES ROAD

Apr 2025 · Floor 01-05

S$1,658 psf

+82.8% vs FV

388 sqftS$642,50099 yrs lease commencing from 2010

TAMPINES ROAD

Mar 2025 · Floor 01-05

S$1,429 psf

+57.6% vs FV

570 sqftS$815,00099 yrs lease commencing from 2010

TAMPINES ROAD

Mar 2025 · Floor 01-05

S$1,652 psf

+82.1% vs FV

388 sqftS$640,00099 yrs lease commencing from 2010

TAMPINES ROAD

Feb 2025 · Floor 01-05

S$1,380 psf

+52.1% vs FV

743 sqftS$1,025,00099 yrs lease commencing from 2010

TAMPINES ROAD

Aug 2024 · Floor 01-05

S$1,280 psf

+41.1% vs FV

570 sqftS$730,00099 yrs lease commencing from 2010

TAMPINES ROAD

Jul 2024 · Floor 01-05

S$1,060 psf

+16.9% vs FV

915 sqftS$970,00099 yrs lease commencing from 2010

TAMPINES ROAD

Jun 2024 · Floor 01-05

S$1,402 psf

+54.6% vs FV

570 sqftS$800,00099 yrs lease commencing from 2010

TAMPINES ROAD

Mar 2024 · Floor 01-05

S$1,006 psf

+10.9% vs FV

915 sqftS$920,00099 yrs lease commencing from 2010
Below Fair Value
Above Fair Value
FV: S$907 psf

HELIOS AI Analysis

Based on 31 URA transactions (0 outliers removed), adjusted for: Tenure decay (36.7% discount); MRT Kovan 769m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

LIM YX

LIM YX

HUTTONS ASIA PTE LTD

License: L3008899K

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