Rent vs D19 +35.1%
Rents above district median
Kovan Melody's latest 12-month median rent is $5,000 compared with the D19 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Kovan Melody rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 21 Kovan Road Kovan Melody Singapore 548192
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Quick summary about Kovan Melody
Kovan Melody is a 99-year leasehold condominium in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 514 rentals and 124 sales. Kovan Melody is near KOVAN MRT STATION, about 0.1 km away.
For rent checks, start with the latest 12-month median of $5,000 per month and compare it with the full-history size-band range of $4,000 to $5,800. For sale checks, start with the latest 12-month median sale price of $2,300,000 and median sale PSF of $1,807 psf, then compare full-history floor-band evidence from $1,650,000 to $1,887,000 and PSF from $1,394 psf to $1,546 psf.
- Latest 12M median rent is $5,000 per month from 107 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $2,300,000, with median sale PSF at $1,807 psf from 18 sales.
- Rent is flat over the last 3 months. Sale PSF is up 3.9% over the last 3 months.
Kovan Melody Market Brief
Compare the project with D19 across rent, sale PSF, tenure and transaction activity.
Compared with D19
Sale PSF vs D19 +8.2%
Sale PSF near district median
Kovan Melody's latest 12-month median sale PSF is $1,807 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 2.61%
Rent support near district screen
Gross yield is roughly 2.61% versus a D19 screen of 2.57%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 22.0% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -6.8%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2004 matters most on sale price. Compare Kovan Melody against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $5,000
Is the asking rent fair?
$4,750 to $5,250 is the first fair-rent band to check. Above $5,250 should have a visible reason.
Latest 12M median sale PSF $1,807 psf
Is the purchase price fair?
$2,230,000 to $2,370,000 and $1,750 to $1,860 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $5,000
Are similar units renting for more?
3 bed and 1,200 to 1,300 sqft give the closest unit-size checks.
Rent stability 22.0% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -6.8%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Kovan Melody Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2004
Property type Condominium, Non-Landed Properties
Sales 124 resale transactions
Total sold value $224.5M
Kovan Melody Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 514 Jun 2021 to Jun 2026
Sale transactions 124 Jun 2021 to Jul 2026
Rent trend 0.0% Last 3 months
Sale PSF trend 3.9% Last 3 months
Kovan Melody 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 0.1 km away
KOVAN MRT STATION (NE13) 0.16 km away
HOUGANG MRT STATION 1.49 km away
Schools nearby
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.3 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.63 km away
NPS INTERNATIONAL SCHOOL 0.69 km away
NPS INTERNATIONAL SCHOOL (PRIMARY CAMPUS) 0.69 km away
Amenities
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.34 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.74 km away
CI YUAN HAWKER CENTRE Food centre · 1.71 km away
Kovan Melody Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $5,100 152 rentals in view
Latest median sale PSF $1,891 psf 34 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 0 - 1 $1,891 psf $2,320,000
Jun 2026 14 $5,100 3 $1,843 psf $2,380,000
May 2026 5 $4,200 2 $1,815 psf $1,944,000
Apr 2026 6 $4,900 2 $1,774 psf $2,039,000
Mar 2026 10 $4,500 3 $1,790 psf $2,738,000
Feb 2026 9 $4,900 0 - -
Jan 2026 12 $5,200 0 - -
Dec 2025 10 $5,300 2 $1,745 psf $2,190,000
Nov 2025 7 $5,200 1 $1,809 psf $2,200,000
Oct 2025 6 $5,150 3 $1,757 psf $2,175,000
Sept 2025 6 $5,000 1 $1,826 psf $2,280,000
Aug 2025 10 $4,800 1 $1,659 psf $1,500,000
Projects Similar to Kovan Melody
Same district, ranked by similar rent, sale PSF and transaction depth.
999-year leasehold from 1878 Kensington Park Condominium 1.8 km away 332 transactions
- Median rent
- $4,500
- Median sale PSF
- $1,599 psf
- Median rent
- $5,000
- Median sale PSF
- $1,553 psf
- Median rent
- $4,200
- Median sale PSF
- $1,453 psf
- Median rent
- $4,100
- Median sale PSF
- $1,361 psf
- Median rent
- $4,025
- Median sale PSF
- $1,756 psf
- Median rent
- $4,500
- Median sale PSF
- $1,458 psf
Kovan Melody Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,000 $3,801 148
3 bed $5,000 $4,727 311
4 bed $5,800 $5,652 55
Kovan Melody Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
800 to 900 sqft $3,950 $3,679 35
900 to 1,000 sqft $4,000 $3,819 107
1,000 to 1,100 sqft $4,200 $4,040 5
1,100 to 1,200 sqft $4,800 $4,589 20
1,200 to 1,300 sqft $4,975 $4,728 254
1,300 to 1,400 sqft $5,225 $4,913 34
1,400 to 1,500 sqft $5,800 $5,467 41
1,500 to 1,600 sqft $6,400 $6,333 6
Kovan Melody Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,750,000 $1,546 psf 35
06 to 10 $1,650,000 $1,394 psf 37
11 to 15 $1,755,500 $1,463 psf 38
16 to 20 $1,887,000 $1,526 psf 14
Kovan Melody 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 Melody shows a latest 12-month median monthly rent of $5,000 across 107 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $5,000
Rentals in period 107
Rent signal Strong
- 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 Melody show a median price of $2,300,000 and $1,807 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $2,300,000
Latest 12M median PSF $1,807 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2004 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 Melody has 124 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $224.5M
Latest record Jul 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 Melody numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $5,000/mo Test gross and net yield against typical rent. Buy vs rent $2.3M Compare ownership cost against renting. Mortgage $2.3M Estimate monthly payment from the sale price. Stamp duty $1,807 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 Melody 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 Melody FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Kovan Melody?
Kovan Melody has a latest 12-month median monthly rent of $5,000 across 107 rentals in that period.
What is the typical sale price at Kovan Melody?
The latest 12-month median sale price for Kovan Melody is $2,300,000, based on 18 sales in that period.
What is the median sale PSF at Kovan Melody?
The latest 12-month median sale price per square foot for Kovan Melody is $1,807 psf. The average for the same period is $1,797 psf.
Is Kovan Melody freehold or leasehold?
Kovan Melody is listed as 99-year leasehold from 2004. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Kovan Melody located?
Kovan Melody is located at 21 Kovan Road Kovan Melody Singapore 548192 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Kovan Melody 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.