Kovan Jewel rent and sale price

D19 / Serangoon Garden, Hougang, Punggol

Kovan Jewel market snapshot with median rent, sale price, sale PSF and transaction counts
Address 51 Kovan Road Kovan Jewel Singapore 548534
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Typical rent $4,100 10 rentals
Typical sale price $2,386,850 19 sales
Typical sale PSF $2,146 psf Average $2,140 psf
Estimated gross yield 2.1% Median annual rent / median sale
Apartment, Non-Landed Properties 29 transactions Freehold Latest records Jun 2026
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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 10 rentals and 19 sales.

Kovan Jewel Market Position

How this project compares with the wider D19 market before you read the detailed tables.

Rent vs D19 +17.1%

Rents above district median

Kovan Jewel's median rent is $4,100 compared with the D19 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.

Sale PSF vs D19 +42.9%

Sale PSF above district median

Kovan Jewel's median sale PSF is $2,146 psf versus the D19 median of $1,502 psf. A premium should be explained by tenure, condition, floor, view or scarcity.

Rent support 2.06%

Rent support below district screen

Gross yield is roughly 2.06% versus a D19 screen of 2.81%. Treat this as a first-pass rent support signal before costs, vacancy and financing.

Rent stability 58.1% spread

Rent is uneven

Recent median rents vary a lot, usually because unit mix differs month to month.

Market activity +0.0%

Activity is steady

Recent transaction volume is close to 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.

Kovan Jewel Decision Snapshot

Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.

Median rent $4,100

Is the asking rent fair?

$3,900 to $4,300 is the first fair-rent band to check. Above $4,300 should have a visible reason.

Median sale PSF $2,146 psf

Is the purchase price fair?

$2,320,000 to $2,460,000 and $2,080 to $2,210 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 58.1% spread

Is rent stable here?

Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.

Transaction volume +0.0%

Is activity rising?

Activity is steady. Recent transaction volume is close to the prior 6-month view.

Run Kovan Jewel numbers

Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.

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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 10 Mar 2025 to May 2026
Sale transactions 19 Nov 2022 to Sept 2025
Rent trend -22.9% Last 3 months
Sale PSF trend 2.6% Last 3 months

Kovan Jewel Location

Nearest transport, schools and daily conveniences around the project.

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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

HOUGANG GREEN SHOPPING MALL Mall / retail · 2.5 km away
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

Projects Similar to Kovan Jewel

Same district, ranked by similar rent, sale PSF and transaction depth.

View D19

Kovan Jewel Rent by Bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
1 bed $3,100 $3,220 5
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 $3,250 4
700 to 800 sqft $3,100 $3,100 1
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

$3,100 1 bed · 600 to 700 sqft · May 2026
$3,100 1 bed · 600 to 700 sqft · May 2026
$3,100 1 bed · 600 to 700 sqft · May 2026
$4,800 3 bed · 1,000 to 1,100 sqft · May 2026
$3,700 1 bed · 600 to 700 sqft · Apr 2026
$5,600 3 bed · 1,000 to 1,100 sqft · Nov 2025
$3,100 1 bed · 700 to 800 sqft · Jul 2025
$4,500 3 bed · 1,300 to 1,400 sqft · Jul 2025

Sales

$1,425,000 624 sqft · $2,283 psf · 01 to 05 · Sept 2025
$2,448,800 1,141 sqft · $2,146 psf · 01 to 05 · Feb 2025
$2,406,800 1,076 sqft · $2,236 psf · 01 to 05 · Feb 2025
$2,511,900 1,141 sqft · $2,202 psf · 01 to 05 · Dec 2024
$2,346,900 1,141 sqft · $2,057 psf · 01 to 05 · Nov 2024
$2,450,500 1,141 sqft · $2,148 psf · 01 to 05 · Nov 2024
$2,398,000 1,076 sqft · $2,228 psf · 01 to 05 · Aug 2024
$1,548,000 721 sqft · $2,146 psf · 01 to 05 · Aug 2024

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 signal Thin Directional only, use nearby comps
Sale signal Moderate Useful, compare nearby projects
Rent negotiation

If you are renting

Kovan Jewel shows a typical monthly rent of $4,100 across 10 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $4,100
Rentals 10
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

Recent sales at Kovan Jewel point to a typical sale price of $2,386,850 and $2,146 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $2,386,850
Median PSF $2,146 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 May 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.

District context

Use D19 to compare Kovan Jewel against the wider area.

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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 median monthly rent of $4,100 across 10 rentals.

What is the typical sale price at Kovan Jewel?

The median sale price for Kovan Jewel is $2,386,850, based on 19 sales on this page.

What is the median sale PSF at Kovan Jewel?

The median sale price per square foot for Kovan Jewel is $2,146 psf. The average sale PSF is $2,140 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.