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 valuation of the HDB 4 Room property located in the vibrant Serangoon area, with a remaining lease of 83 years, underscores the resilience and stability of the Singapore HDB market. At an estimated value of $97,119, equating to $694 per square foot, this property demonstrates a solid foundation in terms of pricing, reflecting a market equilibrium with a 0% difference from the baseline. This static pricing indicates strong demand and suggests that the property is well-positioned within the current market landscape.
The high confidence level of this valuation is further substantiated by an extensive analysis of 376 recent HDB resale transactions in the vicinity. This robust dataset not only reinforces market stability but also highlights the appeal of the Serangoon area, which remains a sought-after location for potential homeowners. Given the remaining lease period of 83 years, buyers can expect sustained value retention, making this property an attractive option for both investors and those seeking a long-term residence.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.