Rent vs D19 +32.4%
Rents above district median
Simon Plaza's latest 12-month median rent is $4,900 compared with the D19 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Simon Plaza rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 2 Kovan Road Simon Plaza Singapore 548008
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Quick summary about Simon Plaza
Simon Plaza is a freehold apartment in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 10 rentals and 5 sales.
- Latest 12M median rent is $4,900 per month from 2 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $2,395,000, with median sale PSF at $1,457 psf from 2 sales.
- Rent is up 4.2% over the last 3 months. Sale PSF is up 27.1% over the last 3 months.
Simon Plaza Market Brief
Compare the project with D19 across rent, sale PSF, tenure and transaction activity.
Compared with D19
Sale PSF vs D19 -12.8%
Sale PSF below district median
Simon Plaza's latest 12-month median sale PSF is $1,457 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 2.46%
Rent support near district screen
Gross yield is roughly 2.46% versus a D19 screen of 2.57%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 60.9% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +33.3%
Activity is rising
8 recent transactions versus 6 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Simon Plaza against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,900
Is the asking rent fair?
$4,650 to $5,150 is the first fair-rent band to check. Above $5,150 should have a visible reason.
Latest 12M median sale PSF $1,457 psf
Is the purchase price fair?
$2,320,000 to $2,470,000 and $1,410 to $1,500 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,400
Are similar units renting for more?
3 bed and 1,600 to 1,700 sqft give the closest unit-size checks.
Rent stability 60.9% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +33.3%
Is activity rising?
Activity is rising. 8 recent transactions versus 6 in the prior 6-month view.
Simon Plaza Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 5 resale transactions
Total sold value $11.1M
Simon Plaza Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 10 Sept 2021 to Apr 2026
Sale transactions 5 Aug 2021 to Feb 2026
Rent trend 4.2% Last 3 months
Sale PSF trend 27.1% Last 3 months
Simon Plaza 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) 0.2 km away
KOVAN MRT STATION 0.24 km away
HOUGANG MRT STATION 1.23 km away
Schools nearby
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.49 km away
XINGHUA PRIMARY SCHOOL 0.76 km away
YUYING SECONDARY SCHOOL 0.79 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.85 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 1.95 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 1.15 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.91 km away
CI YUAN HAWKER CENTRE Food centre · 1.51 km away
Simon Plaza Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,800 10 rentals in view
Latest median sale PSF $1,457 psf 5 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Apr 2026 1 $4,800 0 - -
Feb 2026 1 $5,000 2 $1,457 psf $2,395,000
Apr 2025 0 - 1 $1,323 psf $2,550,000
Feb 2025 1 $5,500 0 - -
Apr 2024 1 $4,800 0 - -
Mar 2024 1 $5,500 0 - -
Dec 2023 1 $4,400 0 - -
Jan 2023 1 $4,000 0 - -
Oct 2022 0 - 1 $1,213 psf $2,050,000
Apr 2022 1 $4,200 0 - -
Nov 2021 1 $2,700 0 - -
Sept 2021 1 $2,800 0 - -
Projects Similar to Simon Plaza
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1991 Chiltern Park 2.7 km away 423 transactions
- Median rent
- $4,100
- Median sale PSF
- $1,361 psf
- Median rent
- $4,500
- Median sale PSF
- $1,200 psf
- Median rent
- $4,500
- Median sale PSF
- $1,458 psf
- Median rent
- $4,200
- Median sale PSF
- $1,167 psf
- Median rent
- $4,200
- Median sale PSF
- $1,453 psf
- Median rent
- $4,250
- Median sale PSF
- $1,330 psf
Simon Plaza Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
3 bed $4,400 $4,180 5
Unknown $5,000 $4,560 5
Simon Plaza Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
1,600 to 1,700 sqft $4,400 $4,271 7
1,800 to 1,900 sqft $4,800 $4,600 3
Simon Plaza Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $2,280,000 $1,323 psf 5
Simon Plaza 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
Simon Plaza shows a latest 12-month median monthly rent of $4,900 across 2 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,900
Rentals in period 2
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 Simon Plaza show a median price of $2,395,000 and $1,457 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $2,395,000
Latest 12M median PSF $1,457 psf
Sale signal Thin
- 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. Simon Plaza has 5 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $11.1M
Latest record Apr 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 Simon Plaza numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,900/mo Test gross and net yield against typical rent. Buy vs rent $2.4M Compare ownership cost against renting. Mortgage $2.4M Estimate monthly payment from the sale price. Stamp duty $1,457 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 Simon Plaza 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.
Simon Plaza FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Simon Plaza?
Simon Plaza has a latest 12-month median monthly rent of $4,900 across 2 rentals in that period.
What is the typical sale price at Simon Plaza?
The latest 12-month median sale price for Simon Plaza is $2,395,000, based on 2 sales in that period.
What is the median sale PSF at Simon Plaza?
The latest 12-month median sale price per square foot for Simon Plaza is $1,457 psf. The average for the same period is $1,457 psf.
Is Simon Plaza freehold or leasehold?
Simon Plaza is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Simon Plaza located?
Simon Plaza is located at 2 Kovan Road Simon Plaza Singapore 548008 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Simon Plaza 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.