Rent vs D19 +46.1%
Rents above district median
Kovan Residences's latest 12-month median rent is $5,406 compared with the D19 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Kovan Residences rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 1 Kovan Road Kovan Residences Singapore 544915
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Quick summary about Kovan Residences
Kovan Residences is a 99-year leasehold condominium in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 437 rentals and 101 sales. Kovan Residences is near KOVAN MRT STATION (NE13), about 0.16 km away.
For rent checks, start with the latest 12-month median of $5,406 per month and compare it with the full-history size-band range of $4,000 to $12,500. For sale checks, start with the latest 12-month median sale price of $2,538,000 and median sale PSF of $1,872 psf, then compare full-history floor-band evidence from $2,190,000 to $2,542,000 and PSF from $1,513 psf to $1,665 psf.
- Latest 12M median rent is $5,406 per month from 69 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $2,538,000, with median sale PSF at $1,872 psf from 13 sales.
- Rent is down 4.1% over the last 3 months. Sale PSF is up 8.4% over the last 3 months.
Kovan Residences Market Brief
Compare the project with D19 across rent, sale PSF, tenure and transaction activity.
Compared with D19
Sale PSF vs D19 +12.1%
Sale PSF above district median
Kovan Residences's latest 12-month median sale PSF is $1,872 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 2.56%
Rent support near district screen
Gross yield is roughly 2.56% versus a D19 screen of 2.57%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 42.3% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +7.3%
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 2007 matters most on sale price. Compare Kovan Residences against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $5,406
Is the asking rent fair?
$5,150 to $5,700 is the first fair-rent band to check. Above $5,700 should have a visible reason.
Latest 12M median sale PSF $1,872 psf
Is the purchase price fair?
$2,460,000 to $2,610,000 and $1,820 to $1,930 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $5,100
Are similar units renting for more?
3 bed and 1,200 to 1,300 sqft give the closest unit-size checks.
Rent stability 42.3% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +7.3%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Kovan Residences Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2007
Property type Condominium, Non-Landed Properties
Sales 101 resale transactions
Total sold value $229.0M
Kovan Residences Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 437 Jun 2021 to Jun 2026
Sale transactions 101 Jun 2021 to Jun 2026
Rent trend -4.1% Last 3 months
Sale PSF trend 8.4% Last 3 months
Kovan Residences 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 (NE13) 0.16 km away
KOVAN MRT STATION 0.21 km away
HOUGANG MRT STATION 1.24 km away
Schools nearby
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.51 km away
XINGHUA PRIMARY SCHOOL 0.7 km away
YUYING SECONDARY SCHOOL 0.73 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.82 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 1.98 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.12 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.86 km away
CI YUAN HAWKER CENTRE Food centre · 1.56 km away
Kovan Residences Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $5,406 102 rentals in view
Latest median sale PSF $2,003 psf 28 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 9 $5,406 1 $2,003 psf $2,523,000
May 2026 4 $5,250 2 $1,613 psf $2,859,000
Apr 2026 6 $4,600 1 $2,021 psf $2,545,000
Mar 2026 4 $5,400 2 $1,880 psf $2,244,000
Feb 2026 6 $5,475 1 $1,847 psf $1,750,000
Jan 2026 7 $5,500 1 $1,778 psf $3,158,000
Dec 2025 7 $5,800 0 - -
Nov 2025 1 $6,400 3 $2,015 psf $2,538,000
Oct 2025 3 $5,900 1 $1,967 psf $2,520,000
Sept 2025 6 $4,250 1 $1,832 psf $1,735,000
Aug 2025 11 $5,600 2 $1,949 psf $2,454,000
Jul 2025 5 $4,100 1 $1,844 psf $1,628,000
Projects Similar to Kovan Residences
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2004 Kovan Melody 0.3 km away 638 transactions
- Median rent
- $4,525
- Median sale PSF
- $1,455 psf
- Median rent
- $4,500
- Median sale PSF
- $1,599 psf
- Median rent
- $4,025
- Median sale PSF
- $1,756 psf
- Median rent
- $5,900
- Median sale PSF
- $1,709 psf
- Median rent
- $4,200
- Median sale PSF
- $1,453 psf
- Median rent
- $4,100
- Median sale PSF
- $1,361 psf
Kovan Residences Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,000 $3,778 129
3 bed $5,100 $4,932 183
4 bed $6,500 $6,569 118
5 bed $12,500 $13,150 7
Kovan Residences Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
800 to 900 sqft $4,000 $3,808 104
900 to 1,000 sqft $3,800 $3,654 25
1,200 to 1,300 sqft $5,075 $4,891 166
1,400 to 1,500 sqft $5,950 $5,573 38
1,600 to 1,700 sqft $4,750 $4,817 6
1,700 to 1,800 sqft $6,750 $6,617 62
1,800 to 1,900 sqft $6,850 $6,608 12
1,900 to 2,000 sqft $6,600 $6,488 4
Kovan Residences Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,337,500 $1,513 psf 28
06 to 10 $2,285,000 $1,665 psf 24
11 to 15 $2,190,000 $1,558 psf 32
16 to 20 $2,542,000 $1,522 psf 17
Kovan Residences 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 Residences shows a latest 12-month median monthly rent of $5,406 across 69 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $5,406
Rentals in period 69
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 Residences show a median price of $2,538,000 and $1,872 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $2,538,000
Latest 12M median PSF $1,872 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2007 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 Residences has 101 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $229.0M
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 Residences numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $5,406/mo Test gross and net yield against typical rent. Buy vs rent $2.5M Compare ownership cost against renting. Mortgage $2.5M Estimate monthly payment from the sale price. Stamp duty $1,872 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 Residences 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 Residences FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Kovan Residences?
Kovan Residences has a latest 12-month median monthly rent of $5,406 across 69 rentals in that period.
What is the typical sale price at Kovan Residences?
The latest 12-month median sale price for Kovan Residences is $2,538,000, based on 13 sales in that period.
What is the median sale PSF at Kovan Residences?
The latest 12-month median sale price per square foot for Kovan Residences is $1,872 psf. The average for the same period is $1,871 psf.
Is Kovan Residences freehold or leasehold?
Kovan Residences is listed as 99-year leasehold from 2007. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Kovan Residences located?
Kovan Residences is located at 1 Kovan Road Kovan Residences Singapore 544915 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Kovan Residences 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.