Simon Walk, Kovan, North-east Region, Singapore
$1,500 /month
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Total Transactions
6
Average Price
S3.8M
Total Value
S23.0M
Calculating fair value from URA transaction data…
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Sale-value benchmarks do not apply to individual rooms
Fair Value
NA
Not meaningful for room rentals
Asking Price
S$1,500
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
75 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Kovan
235m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$608
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$670
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | Blk 8 LOR LEW LIAN Floor 07 TO 09 | 474sqft | S$290,000 | ▼S$612 -8.7% vs FV | 99yr from 1978 |
Aug 2025 | Blk 8 LOR LEW LIAN Floor 07 TO 09 | 474sqft | S$290,000 | ▼S$612 -8.7% vs FV | 99yr from 1978 |
May 2024 | Blk 8 LOR LEW LIAN Floor 10 TO 12 | 474sqft | S$286,000 | ▼S$604 -9.9% vs FV | 99yr from 1978 |
Blk 8 LOR LEW LIAN
Aug 2025 · Floor 07 TO 09
-8.7% vs FV
Blk 8 LOR LEW LIAN
Aug 2025 · Floor 07 TO 09
-8.7% vs FV
Blk 8 LOR LEW LIAN
May 2024 · Floor 10 TO 12
-9.9% vs FV
HELIOS AI Analysis
In the vibrant real estate landscape of Singapore, the subject property—a 2-room HDB unit in Serangoon—presents an estimated valuation of $268,167, translating to approximately $670 PSF. With a remaining lease of 75 years, this property reflects a stable investment opportunity within a sought-after residential enclave. Notably, the estimated value remains consistent with the baseline market price, indicating a 0% difference. This equilibrium suggests that current market dynamics are favorably aligned with historical pricing trends, reaffirming Serangoon's resilience in maintaining property values amidst fluctuating economic conditions.
However, it is imperative to note the model's confidence level is rated as low, primarily due to the analysis being based on only two recent HDB resale transactions in the vicinity. This limited data set may not fully capture the broader market sentiment or the potential influences of upcoming infrastructural developments and policy changes. Investors and potential buyers should consider these factors carefully, as they could significantly impact future valuations and rental yields. Therefore, while the current valuation indicates stability, ongoing market observations and comprehensive analysis of emerging trends will be crucial for informed decision-making in this dynamic sector.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.