Rent vs D19 -6.8%
Rents near district median
Kovan Jewel's latest 12-month median rent is $3,450 compared with the D19 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Kovan Jewel rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 51 Kovan Road Kovan Jewel Singapore 548534
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Quick summary about Kovan Jewel
Kovan Jewel is a freehold apartment in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 14 rentals and 19 sales.
- Latest 12M median rent is $3,450 per month from 12 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,425,000, with median sale PSF at $2,283 psf from 1 sales.
- Rent is down 28.1% over the last 3 months. Sale PSF is up 2.6% over the last 3 months.
Kovan Jewel Market Brief
Compare the project with D19 across rent, sale PSF, tenure and transaction activity.
Compared with D19
Sale PSF vs D19 +36.7%
Sale PSF above district median
Kovan Jewel's latest 12-month median sale PSF is $2,283 psf versus the D19 median of $1,670 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.91%
Rent support near district screen
Gross yield is roughly 2.91% versus a D19 screen of 2.57%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 65.8% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +30.0%
Activity is rising
13 recent transactions versus 10 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Kovan Jewel against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,450
Is the asking rent fair?
$3,300 to $3,600 is the first fair-rent band to check. Above $3,600 should have a visible reason.
Latest 12M median sale PSF $2,283 psf
Is the purchase price fair?
$1,380,000 to $1,470,000 and $2,210 to $2,350 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,100
Are similar units renting for more?
1 bed and 600 to 700 sqft give the closest unit-size checks.
Rent stability 65.8% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +30.0%
Is activity rising?
Activity is rising. 13 recent transactions versus 10 in the prior 6-month view.
Kovan Jewel Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 19 new sale transactions
Total sold value $44.2M
Kovan Jewel Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 14 Mar 2025 to Jun 2026
Sale transactions 19 Nov 2022 to Sept 2025
Rent trend -28.1% Last 3 months
Sale PSF trend 2.6% Last 3 months
Kovan Jewel Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
KOVAN MRT STATION 0.45 km away
KOVAN MRT STATION (NE13) 0.52 km away
SERANGOON MRT STATION (CC13) 1.22 km away
Schools nearby
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.27 km away
NPS INTERNATIONAL SCHOOL (PRIMARY CAMPUS) 0.31 km away
NPS INTERNATIONAL SCHOOL 0.32 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.46 km away
Amenities
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.7 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.7 km away
CI YUAN HAWKER CENTRE Food centre · 1.97 km away
Kovan Jewel Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,450 14 rentals in view
Latest median sale PSF $2,283 psf 19 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 4 $3,450 0 - -
May 2026 4 $3,100 0 - -
Apr 2026 1 $3,700 0 - -
Nov 2025 1 $5,600 0 - -
Sept 2025 0 - 1 $2,283 psf $1,425,000
Jul 2025 2 $3,800 0 - -
May 2025 1 $4,800 0 - -
Mar 2025 1 $4,800 0 - -
Feb 2025 0 - 2 $2,191 psf $2,427,800
Dec 2024 0 - 1 $2,202 psf $2,511,900
Nov 2024 0 - 2 $2,103 psf $2,398,700
Aug 2024 0 - 3 $2,146 psf $2,398,000
Projects Similar to Kovan Jewel
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2018 Sengkang Grand Residences 3.1 km away 847 transactions
- Median rent
- $3,600
- Median sale PSF
- $1,781 psf
- Median rent
- $3,300
- Median sale PSF
- $1,828 psf
- Median rent
- $3,200
- Median sale PSF
- $1,825 psf
- Median rent
- $3,300
- Median sale PSF
- $1,761 psf
- Median rent
- $3,700
- Median sale PSF
- $2,202 psf
- Median rent
- $3,300
- Median sale PSF
- $1,640 psf
Kovan Jewel Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,100 $3,278 9
3 bed $4,800 $4,967 3
Unknown $4,800 $4,800 2
Kovan Jewel Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
600 to 700 sqft $3,100 $3,200 5
700 to 800 sqft $3,450 $3,375 4
1,000 to 1,100 sqft $4,800 $5,000 4
1,300 to 1,400 sqft $4,500 $4,500 1
Kovan Jewel Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,386,850 $2,146 psf 19
Kovan Jewel Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Kovan Jewel shows a latest 12-month median monthly rent of $3,450 across 12 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,450
Rentals in period 12
Rent signal Thin
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Kovan Jewel show a median price of $1,425,000 and $2,283 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,425,000
Latest 12M median PSF $2,283 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Kovan Jewel has 19 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $44.2M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Kovan Jewel numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,450/mo Test gross and net yield against typical rent. Buy vs rent $1.4M Compare ownership cost against renting. Mortgage $1.4M Estimate monthly payment from the sale price. Stamp duty $2,283 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D19 to compare Kovan Jewel against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Kovan Jewel FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Kovan Jewel?
Kovan Jewel has a latest 12-month median monthly rent of $3,450 across 12 rentals in that period.
What is the typical sale price at Kovan Jewel?
The latest 12-month median sale price for Kovan Jewel is $1,425,000, based on 1 sales in that period.
What is the median sale PSF at Kovan Jewel?
The latest 12-month median sale price per square foot for Kovan Jewel is $2,283 psf. The average for the same period is $2,283 psf.
Is Kovan Jewel freehold or leasehold?
Kovan Jewel is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Kovan Jewel located?
Kovan Jewel is located at 51 Kovan Road Kovan Jewel Singapore 548534 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Kovan Jewel transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.