Space @ Kovan rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 9 Yio Chu Kang Road Space @ Kovan Singapore 545523
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Apartment, Non-Landed Properties 346 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about Space @ Kovan
Space @ Kovan is a freehold apartment in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 310 rentals and 36 sales.
- Typical rent is $2,800 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $839,000, with median sale PSF at $1,410 psf and total recorded sale value of $32.6M.
- Rent is up 17.0% over the last 3 months. Sale PSF is up 16.2% over the last 3 months.
Space @ Kovan Market Position
How this project compares with the wider D19 market before you read the detailed tables.
Rent vs D19 -20.0%
Rents below district median
Space @ Kovan's median rent is $2,800 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 -6.2%
Sale PSF near district median
Space @ Kovan's median sale PSF is $1,410 psf versus the D19 median of $1,502 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.00%
Rent support above district screen
Gross yield is roughly 4.00% versus a D19 screen of 2.81%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 23.5% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -23.7%
Activity is lighter
29 recent transactions versus 38 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Space @ Kovan against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Space @ Kovan Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $2,800
Is the asking rent fair?
$2,650 to $2,950 is the first fair-rent band to check. Above $2,950 should have a visible reason.
Median sale PSF $1,410 psf
Is the purchase price fair?
$810,000 to $860,000 and $1,370 to $1,450 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $3,100
Are similar units renting for more?
2 bed and 600 to 700 sqft give the closest unit-size checks.
Rent stability 23.5% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -23.7%
Is activity rising?
Activity is lighter. 29 recent transactions versus 38 in the prior 6-month view.
Run Space @ Kovan numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $2,800/mo Test gross and net yield against typical rent. Buy vs rent $839.0K Compare ownership cost against renting. Mortgage $839.0K Estimate monthly payment from the sale price. Stamp duty $1,410 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Space @ Kovan Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 36 resale transactions
Total sold value $32.6M
Space @ Kovan Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 310 Jun 2021 to May 2026
Sale transactions 36 Jul 2021 to Mar 2026
Rent trend 17.0% Last 3 months
Sale PSF trend 16.2% Last 3 months
Space @ Kovan 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
SERANGOON MRT STATION (CC13) 0.64 km away
SERANGOON MRT STATION (NE12) 0.66 km away
SERANGOON MRT STATION 0.76 km away
Schools nearby
NPS INTERNATIONAL SCHOOL (PRIMARY CAMPUS) 0.29 km away
NPS INTERNATIONAL SCHOOL 0.3 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.73 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.76 km away
Amenities
HOUGANG GREEN SHOPPING MALL Mall / retail · 2.99 km away
SHENG SIONG HOUGANG RIVERCOURT Daily needs · 2.26 km away
JALAN PELIKAT PARK CONNECTOR Park / green link · 1.01 km away
WOODLEIGH VILLAGE HAWKER CENTRE Food centre · 1.74 km away
Space @ Kovan Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,200 89 rentals in view
Latest median sale PSF $1,763 psf 6 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 2 $3,200 0 - -
Apr 2026 4 $3,100 0 - -
Mar 2026 7 $2,830 1 $1,763 psf $740,000
Feb 2026 2 $2,650 0 - -
Jan 2026 6 $2,600 0 - -
Dec 2025 7 $2,900 0 - -
Nov 2025 5 $3,100 0 - -
Oct 2025 5 $3,300 0 - -
Sept 2025 6 $2,850 2 $1,665 psf $889,000
Aug 2025 5 $3,100 0 - -
Jul 2025 9 $2,850 1 $1,684 psf $725,000
Jun 2025 5 $3,050 0 - -
Projects Similar to Space @ Kovan
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2014 Kingsford Waterbay 3.8 km away 1,427 transactions
- Median rent
- $3,000
- Median sale PSF
- $1,386 psf
- Median rent
- $2,700
- Median sale PSF
- $1,457 psf
- Median rent
- $2,800
- Median sale PSF
- $1,562 psf
- Median rent
- $2,800
- Median sale PSF
- $1,443 psf
- Median rent
- $2,900
- Median sale PSF
- $1,498 psf
- Median rent
- $3,300
- Median sale PSF
- $1,413 psf
Space @ Kovan Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,500 $2,401 128
2 bed $3,100 $3,091 163
3 bed $3,800 $3,932 19
Space @ Kovan Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
300 to 400 sqft $2,400 $2,419 8
400 to 500 sqft $2,500 $2,349 94
500 to 600 sqft $2,800 $2,674 41
600 to 700 sqft $3,000 $2,866 98
700 to 800 sqft $3,500 $3,354 23
800 to 900 sqft $3,800 $3,750 4
900 to 1,000 sqft $3,800 $3,700 7
1,000 to 1,100 sqft $3,800 $3,691 11
Space @ Kovan Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $839,000 $1,410 psf 36
Space @ Kovan 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
Space @ Kovan shows a typical monthly rent of $2,800 across 310 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $2,800
Rentals 310
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 Space @ Kovan point to a typical sale price of $839,000 and $1,410 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $839,000
Median PSF $1,410 psf
Sale signal Strong
- 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. Space @ Kovan has 36 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $32.6M
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 Space @ Kovan 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.
Space @ Kovan FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Space @ Kovan?
Space @ Kovan has a median monthly rent of $2,800 across 310 rentals.
What is the typical sale price at Space @ Kovan?
The median sale price for Space @ Kovan is $839,000, based on 36 sales on this page.
What is the median sale PSF at Space @ Kovan?
The median sale price per square foot for Space @ Kovan is $1,410 psf. The average sale PSF is $1,437 psf.
Is Space @ Kovan freehold or leasehold?
Space @ Kovan is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Space @ Kovan located?
Space @ Kovan is located at 9 Yio Chu Kang Road Space @ Kovan Singapore 545523 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Space @ Kovan 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.