296 Punggol Central 820296, Matilda, North-east Region, Singapore
$3,800 /month
Cove
Punggol LRT PE1
This flat is a 5 Rooms HDB for rent with 2 Baths in 296 Punggol Central, a stunning HDB Resale Flat in Singapore. Searching for a property in Singapore? Look no further than this stunning HDB for Rent in Punggol. Located in Punggol HDB Estate, this development is part of District 19. Completed in 2002, Punggol Grove is a 99 year leasehold HDB Development with a total of 116 units. It has a total of 16 floors and is one of 70 HDB Blocks on Punggol Central. If you are looking for a property in the Punggol, this is might be the perfect unit for you! Nearby amenities ⭑ Nearby MRTs • Cove (243 m) - 4 mins walk • Punggol (484 m) - 7 mins walk • Damai (498 m) - 7 mins walk ⭑ Nearby Bus stops • Opposite Blk 296 (62 m) - 1 mins walk • Opposite Blk 199C (74 m) - 2 mins walk • Blk 298 (185 m) - 3 mins walk • 7 more walking distance bus stops within 500 m ⭑ Nearby Grocery Stores • Sheng Siong - Punggol Central Supermarket (256 m) - 4 mins walk • Sheng Siong Supermarket (Punggol Central) (262 m) - 4 mins walk • Ang Mo Supermarket (281 m) - 4 mins walk ⭑ Nearby Schools • Edgefield Primary School Sports Hall (191 m) - 3 mins walk • Edgefield Primary School (299 m) - 5 mins walk • Edgefield Secondary School (307 m) - 5 mins walk • 5 more schools within 1 km ⭑ Nearby Parks • Roundabout Tree @ Punggol Periwinkle (208 m) - 3 mins walk • badminton punggol (383 m) - 6 mins walk • Meet a new friend pavilion (411 m) - 6 mins walk • 5 more parks within 1 km Please call SasiKumar from 99.co @ +658788XXXX to arrange for a viewing.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
240
Average Price
S1.3M
Total Value
S312.0M
Calculating fair value from URA transaction data…


License: L3010489G
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Estimated sale value based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$737,894
S$623 psf
Asking Price
S$3,800
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
76 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Punggol
513m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$582
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$623
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | Blk 296 PUNGGOL CTRL Floor 04 TO 06 | 1,184sqft | S$670,000 | ▼S$566 -9.1% vs FV | 99yr from 2003 |
Jul 2025 | Blk 296 PUNGGOL CTRL Floor 04 TO 06 | 1,184sqft | S$670,000 | ▼S$566 -9.1% vs FV | 99yr from 2003 |
May 2025 | Blk 296 PUNGGOL CTRL Floor 13 TO 15 | 1,184sqft | S$708,000 | ▼S$598 -4.0% vs FV | 99yr from 2003 |
Blk 296 PUNGGOL CTRL
Jul 2025 · Floor 04 TO 06
-9.1% vs FV
Blk 296 PUNGGOL CTRL
Jul 2025 · Floor 04 TO 06
-9.1% vs FV
Blk 296 PUNGGOL CTRL
May 2025 · Floor 13 TO 15
-4.0% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB in Punggol, estimated at $737,894 or $623 PSF, reflects a stable market signal with a 0% difference from the baseline. This suggests that the property is currently meeting the market expectations, providing a solid benchmark for prospective buyers and sellers within the area. The remaining lease of 76 years is a critical factor in this valuation, as it positions the property within an advantageous segment of the HDB market, appealing to families seeking long-term residence in a rapidly developing region.
However, the model confidence for this valuation is categorized as low, which indicates a degree of uncertainty in the market dynamics. This is substantiated by the analysis of just two recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends. As such, potential investors should consider the evolving landscape of Punggol, characterized by its ongoing infrastructural developments and amenities enhancement, which may influence future demand and subsequently affect property values. Therefore, while the current valuation appears stable, close monitoring of market conditions is advised to make informed decisions.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.