We track 125 sales and 525 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the KOVAN MELODY dashboard.
- Average sale price: $1,769,667 across 125 transactions
- Estimated gross rental yield: 3.0%
- District 19 PSF ranking: Above average (top 36%)
- 99-year leasehold · OCR · D19 · 778 units
About KOVAN MELODY
KOVAN MELODY is a 99-year leasehold condominium, located at Kovan Road in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by Singhaiyi Group, comprising 778 residential units, completed in 2007.
With approximately 77 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at KOVAN MELODY:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 31 | $1,456 psf | $1,308,150 |
| 3 BR | 76 | $1,478 psf | $1,841,063 |
| 4 BR | 18 | $1,525 psf | $2,263,049 |
Sales Market Overview
KOVAN MELODY has recorded 125 sale transactions with an average transaction price of $1,769,667, ranging from $1,060,000 to $2,800,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 28 | $1,238 psf | $1,399,036 | — |
| 2022 | 31 | $1,324 psf | $1,597,803 | ↑ 6.9% |
| 2023 | 18 | $1,487 psf | $1,852,667 | ↑ 12.3% |
| 2024 | 18 | $1,662 psf | $2,010,537 | ↑ 11.8% |
| 2025 | 24 | $1,752 psf | $2,091,787 | ↑ 5.4% |
| 2026 | 6 | $1,749 psf | $2,127,148 | ↓ 0.2% |
KOVAN MELODY ranks in the top 36% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, KOVAN MELODY trades 4.6% below the segment benchmark.
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Rental Market Overview
KOVAN MELODY has recorded 525 rental transactions with monthly rents averaging $4,474/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 151 | $3,722/mo | $2,500/mo | $4,900/mo |
| 3 BR | 319 | $4,651/mo | $2,900/mo | $7,800/mo |
| 4 BR | 55 | $5,509/mo | $3,500/mo | $7,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 100 | $3,353/mo |
| 2022 | 93 | $3,944/mo |
| 2023 | 102 | $5,140/mo |
| 2024 | 90 | $4,839/mo |
| 2025 | 103 | $4,914/mo |
| 2026 | 37 | $4,882/mo |
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Investment Analysis
Based on average rents and sale prices, KOVAN MELODY delivers an estimated gross rental yield of 3.0%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows KOVAN MELODY (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- KOVAN MELODY
- Kovan MRT
- Montfort Secondary School
- St. Gabriel'
- Montfort Junior School
Nearby MRT Stations
KOVAN MELODY is 60m from Kovan MRT (North-East Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Kovan | NE13 | North-East Line | 60m |
Nearby Schools
There are 19 schools within 2 km of KOVAN MELODY, including 11 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Montfort Secondary School | Secondary | 270m |
| St. Gabriel's Primary School | Primary | 290m |
| Montfort Junior School | Primary | 370m |
| Holy Innocents' High School | Secondary | 380m |
| Holy Innocents' Primary School | Primary | 460m |
| Xinmin Primary School | Primary | 500m |
| Hougang Secondary School | Secondary | 510m |
| Xinmin Secondary School | Secondary | 520m |
| Hougang Primary School | Primary | 570m |
| Zhonghua Primary School | Primary | 590m |
| Zhonghua Secondary School | Secondary | 670m |
| Cedar Primary School | Primary | 1.1 km |
FAQ
What is the average price for KOVAN MELODY?
What is the rental yield for KOVAN MELODY?
Is KOVAN MELODY freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 125 transactions analysed
- Rental data: 525 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for KOVAN MELODY
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