Simon Place, Kovan, North-east Region, Singapore
$1,100 /month
Discover your dream rental home! Available now is a beautifully designed Cluster House located at 47, Simon Place, Singapore. This spacious unit offers modern living with convenient access to essential amenities. Just a short distance away, Kovan MRT Station (1.4 km) provides easy commuting options. Families will appreciate the proximity to Xinmin Secondary School (1.4 km) and Little Paddington Preschool & Infant Care Kovan (1.5 km) for their children's educational needs. For grocery shopping, Giant Express is only 1.5 km away, while NTUC FairPrice is 1.4 km from your doorstep. Enjoy shopping at Heartland Mall Kovan (1.4 km), which offers a variety of retail options. The property boasts excellent amenities including a refreshing Swimming Pool, a fun Playground, and a serene Pool Deck, perfect for relaxation. Inside, you will find essential Unit Features such as a Fridge, Washing Machine, Air Conditioner, and stylish Bedroom Cabinets to meet all your needs. This Cluster House is ideal for families or individuals looking for a vibrant community with all the conveniences at their fingertips. Don't miss out on this fantastic opportunity; schedule a viewing today!
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Total Transactions
2
Average Price
S2.9M
Total Value
S5.8M
Calculating fair value from URA transaction data…


License: L3008022J
Estimated sale value based on 376 HDB resale transactions (data.gov.sg)
Fair Value
S$97,119
S$694 psf
Asking Price
S$1,100
S$8 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-98.9%
Tenure
83 yrs
99-year Leasehold · Balance remaining
Confidence
High
376 comps
Nearest MRT
Kovan
689m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
376 comparable transactions
S$648
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.050
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$694
Recent Comparable Transactions
10 shown · 376 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 425 SERANGOON AVE 1 Floor 07 TO 09 | 1,130sqft | S$850,000 | ▲S$752 +8.4% vs FV | 99yr from 1989 |
Mar 2026 | Blk 425 SERANGOON AVE 1 Floor 07 TO 09 | 1,130sqft | S$850,000 | ▲S$752 +8.4% vs FV | 99yr from 1989 |
Mar 2026 | Blk 206 SERANGOON CTRL Floor 01 TO 03 | 904sqft | S$661,888 | ▲S$732 +5.5% vs FV | 99yr from 1985 |
Mar 2026 | Blk 111 SERANGOON NTH AVE 1 Floor 04 TO 06 | 980sqft | S$558,000 | ▼S$570 -17.9% vs FV | 99yr from 1985 |
Mar 2026 | Blk 110 SERANGOON NTH AVE 1 Floor 01 TO 03 | 1,066sqft | S$580,000 | ▼S$544 -21.6% vs FV | 99yr from 1984 |
Mar 2026 | Blk 529 SERANGOON NTH AVE 4 Floor 07 TO 09 | 1,163sqft | S$728,000 | ▼S$626 -9.8% vs FV | 99yr from 1992 |
Feb 2026 | Blk 425 SERANGOON AVE 1 Floor 13 TO 15 | 1,216sqft | S$910,000 | ▲S$748 +7.8% vs FV | 99yr from 1989 |
Feb 2026 | Blk 307 SERANGOON AVE 2 Floor 04 TO 06 | 980sqft | S$645,000 | ▼S$658 -5.2% vs FV | 99yr from 1985 |
Feb 2026 | Blk 246 SERANGOON AVE 3 Floor 10 TO 12 | 904sqft | S$738,000 | ▲S$816 +17.6% vs FV | 99yr from 1986 |
Feb 2026 | Blk 328 SERANGOON AVE 3 Floor 07 TO 09 | 1,119sqft | S$835,000 | ▲S$746 +7.5% vs FV | 99yr from 1986 |
Feb 2026 | Blk 229 SERANGOON AVE 4 Floor 10 TO 12 | 980sqft | S$680,000 | ▼S$694 0.0% vs FV | 99yr from 1984 |
Blk 425 SERANGOON AVE 1
Mar 2026 · Floor 07 TO 09
+8.4% vs FV
Blk 425 SERANGOON AVE 1
Mar 2026 · Floor 07 TO 09
+8.4% vs FV
Blk 206 SERANGOON CTRL
Mar 2026 · Floor 01 TO 03
+5.5% vs FV
Blk 111 SERANGOON NTH AVE 1
Mar 2026 · Floor 04 TO 06
-17.9% vs FV
Blk 110 SERANGOON NTH AVE 1
Mar 2026 · Floor 01 TO 03
-21.6% vs FV
Blk 529 SERANGOON NTH AVE 4
Mar 2026 · Floor 07 TO 09
-9.8% vs FV
Blk 425 SERANGOON AVE 1
Feb 2026 · Floor 13 TO 15
+7.8% vs FV
Blk 307 SERANGOON AVE 2
Feb 2026 · Floor 04 TO 06
-5.2% vs FV
Blk 246 SERANGOON AVE 3
Feb 2026 · Floor 10 TO 12
+17.6% vs FV
Blk 328 SERANGOON AVE 3
Feb 2026 · Floor 07 TO 09
+7.5% vs FV
Blk 229 SERANGOON AVE 4
Feb 2026 · Floor 10 TO 12
0.0% vs FV
HELIOS AI Analysis
The HDB 4-room unit located in Serangoon, with a remaining lease of 83 years, has been assessed at an estimated value of $97,119, translating to a price per square foot (PSF) of $694. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is priced in line with current market trends. The robust model confidence rating of "High" reinforces the reliability of this valuation, which is underpinned by an extensive analysis of 376 recent HDB resale transactions within the vicinity.
The stability of the market price highlights the resilience of the Serangoon area as a sought-after residential enclave, characterized by its strategic location and community amenities. With a remaining lease of 83 years, this property stands as a compelling option for buyers looking for long-term investment opportunities within the public housing sector. The data indicates that demand for HDB units in Serangoon remains consistent, further supported by the area's favorable demographic trends and infrastructure developments, which collectively enhance its appeal in a competitive market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.