31 Lowland Road 547424, Kovan, North-east Region, Singapore
$3,500 /month
Walk up shophouse 2nd floor Beside Kovan Melody Lowland Road Photos with bedroom furniture for illustration purpose only. You can transform this shophouse into a cosy home with tastefully furnished furniture. Parquet floor. Spacious rooms Pet friendly Shops downstairs Walk up apartment 2 mins walk to Kovan MRT 3 mins walk to Heartland Mall Walk to Kovan hawker centre and wet market. Lots of shops, aircon eateries, restaurants, Cold Storage supermarket. 1 bathroom cubicle 1 toilet bowl cubicle
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
2
Average Price
S4.1M
Total Value
S8.3M
Calculating fair value from URA transaction data…


License: L3009250K
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Estimated sale value based on 373 HDB resale transactions (data.gov.sg)
Fair Value
S$656,387
S$717 psf
Asking Price
S$3,500
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
High
373 comps
Nearest MRT
Kovan
221m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
373 comparable transactions
S$651
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$717
Recent Comparable Transactions
10 shown · 373 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 235 SERANGOON AVE 3 Floor 01 TO 03 | 904sqft | S$572,000 | ▼S$633 -11.7% vs FV | 99yr from 1985 |
Apr 2026 | Blk 235 SERANGOON AVE 3 Floor 01 TO 03 | 904sqft | S$572,000 | ▼S$633 -11.7% vs FV | 99yr from 1985 |
Mar 2026 | Blk 228 SERANGOON AVE 4 Floor 13 TO 15 | 980sqft | S$650,000 | ▼S$664 -7.4% vs FV | 99yr from 1984 |
Mar 2026 | Blk 218 SERANGOON AVE 4 Floor 04 TO 06 | 980sqft | S$618,000 | ▼S$631 -12.0% vs FV | 99yr from 1985 |
Mar 2026 | Blk 206 SERANGOON CTRL Floor 01 TO 03 | 904sqft | S$661,888 | ▲S$732 +2.1% vs FV | 99yr from 1985 |
Feb 2026 | Blk 246 SERANGOON AVE 3 Floor 10 TO 12 | 904sqft | S$738,000 | ▲S$816 +13.8% vs FV | 99yr from 1986 |
Feb 2026 | Blk 229 SERANGOON AVE 4 Floor 10 TO 12 | 980sqft | S$680,000 | ▼S$694 -3.2% vs FV | 99yr from 1984 |
Feb 2026 | Blk 255 SERANGOON CTRL DR Floor 07 TO 09 | 1,076sqft | S$880,000 | ▲S$818 +14.1% vs FV | 99yr from 1999 |
Jan 2026 | Blk 240 SERANGOON AVE 2 Floor 07 TO 09 | 904sqft | S$696,000 | ▲S$770 +7.4% vs FV | 99yr from 1985 |
Jan 2026 | Blk 215 SERANGOON AVE 4 Floor 01 TO 03 | 990sqft | S$575,000 | ▼S$581 -19.0% vs FV | 99yr from 1985 |
Jan 2026 | Blk 215 SERANGOON AVE 4 Floor 01 TO 03 | 1,001sqft | S$605,000 | ▼S$604 -15.8% vs FV | 99yr from 1985 |
Blk 235 SERANGOON AVE 3
Apr 2026 · Floor 01 TO 03
-11.7% vs FV
Blk 235 SERANGOON AVE 3
Apr 2026 · Floor 01 TO 03
-11.7% vs FV
Blk 228 SERANGOON AVE 4
Mar 2026 · Floor 13 TO 15
-7.4% vs FV
Blk 218 SERANGOON AVE 4
Mar 2026 · Floor 04 TO 06
-12.0% vs FV
Blk 206 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+2.1% vs FV
Blk 246 SERANGOON AVE 3
Feb 2026 · Floor 10 TO 12
+13.8% vs FV
Blk 229 SERANGOON AVE 4
Feb 2026 · Floor 10 TO 12
-3.2% vs FV
Blk 255 SERANGOON CTRL DR
Feb 2026 · Floor 07 TO 09
+14.1% vs FV
Blk 240 SERANGOON AVE 2
Jan 2026 · Floor 07 TO 09
+7.4% vs FV
Blk 215 SERANGOON AVE 4
Jan 2026 · Floor 01 TO 03
-19.0% vs FV
Blk 215 SERANGOON AVE 4
Jan 2026 · Floor 01 TO 03
-15.8% vs FV
HELIOS AI Analysis
The valuation of the HDB 4 Room property located in Serangoon, with a remaining lease of 75 years, stands at an estimated value of $656,387, translating to a price per square foot (PSF) of $717. This valuation reflects a market price that exhibits a 0% difference from the baseline, indicating a stable market equilibrium for HDB transactions in this area. The consistency in pricing underscores the resilience of the Serangoon district, known for its strategic location and strong community amenities, making it an attractive option for potential buyers.
Our analysis is supported by data drawn from 373 recent HDB resale transactions within the vicinity, which reinforces the model's high confidence level in the estimated valuation. The data suggests that the demand for HDB properties in Serangoon remains robust, driven by factors such as proximity to transport links, schools, and recreational facilities. As the remaining lease of 75 years is considered healthy within the context of Singapore's HDB market, it positions this property well against potential future valuation fluctuations, ensuring its appeal to both end-users and investors alike.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.