Kovan Melody rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 21 Kovan Road Kovan Melody Singapore 548192
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Condominium, Non-Landed Properties 621 transactions 99-year leasehold from 2004 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Kovan Melody
Kovan Melody is a 99-year leasehold condominium in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 500 rentals and 121 sales. Kovan Melody is near KOVAN MRT STATION, about 0.1 km away.
For rent checks, start with the project median of $4,500 per month and compare it with the observed size-band range of $4,000 to $5,800. For sale checks, start with the median sale price of $1,740,000 and median sale PSF of $1,438 psf, then compare floor-band evidence from $1,650,000 to $1,887,000 and PSF from $1,376 psf to $1,526 psf.
- Typical rent is $4,500 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,740,000, with median sale PSF at $1,438 psf and total recorded sale value of $217.6M.
- Rent is down 13.5% over the last 3 months. Sale PSF is up 1.4% over the last 3 months.
Kovan Melody Market Position
How this project compares with the wider D19 market before you read the detailed tables.
Rent vs D19 +28.6%
Rents above district median
Kovan Melody's median rent is $4,500 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 -4.3%
Sale PSF near district median
Kovan Melody's median sale PSF is $1,438 psf versus the D19 median of $1,502 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.10%
Rent support near district screen
Gross yield is roughly 3.10% versus a D19 screen of 2.81%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 22.2% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -19.4%
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.
Kovan Melody Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $4,500
Is the asking rent fair?
$4,300 to $4,750 is the first fair-rent band to check. Above $4,750 should have a visible reason.
Median sale PSF $1,438 psf
Is the purchase price fair?
$1,690,000 to $1,790,000 and $1,390 to $1,480 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 22.2% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -19.4%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Kovan Melody numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $4,500/mo Test gross and net yield against typical rent. Buy vs rent $1.7M Compare ownership cost against renting. Mortgage $1.7M Estimate monthly payment from the sale price. Stamp duty $1,438 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
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 121 resale transactions
Total sold value $217.6M
Kovan Melody Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 500 Jun 2021 to May 2026
Sale transactions 121 Jun 2021 to Jun 2026
Rent trend -13.5% Last 3 months
Sale PSF trend 1.4% 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
HOUGANG GREEN SHOPPING MALL Mall / retail · 2.18 km away
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 $4,200 145 rentals in view
Latest median sale PSF $1,901 psf 32 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 0 - 1 $1,901 psf $2,680,000
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
Jul 2025 12 $5,000 3 $1,692 psf $1,530,000
Projects Similar to Kovan Melody
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1995 The Springbloom 2.4 km away 320 transactions
- Median rent
- $4,500
- Median sale PSF
- $1,457 psf
- Median rent
- $4,200
- Median sale PSF
- $1,453 psf
- Median rent
- $3,950
- Median sale PSF
- $1,398 psf
- Median rent
- $4,500
- Median sale PSF
- $1,597 psf
- Median rent
- $4,100
- Median sale PSF
- $1,431 psf
- Median rent
- $3,725
- Median sale PSF
- $1,413 psf
Kovan Melody Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,000 $3,794 145
3 bed $5,000 $4,722 304
4 bed $5,800 $5,638 51
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 $3,810 104
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 $4,950 $4,721 247
1,300 to 1,400 sqft $5,200 $4,895 33
1,400 to 1,500 sqft $5,700 $5,430 38
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 $1,715,000 $1,524 psf 34
06 to 10 $1,650,000 $1,376 psf 35
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 typical monthly rent of $4,500 across 500 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,500
Rentals 500
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
Recent sales at Kovan Melody point to a typical sale price of $1,740,000 and $1,438 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,740,000
Median PSF $1,438 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 121 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $217.6M
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.
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 median monthly rent of $4,500 across 500 rentals.
What is the typical sale price at Kovan Melody?
The median sale price for Kovan Melody is $1,740,000, based on 121 sales on this page.
What is the median sale PSF at Kovan Melody?
The median sale price per square foot for Kovan Melody is $1,438 psf. The average sale PSF is $1,499 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.