We track 107 sales and 439 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the KOVAN RESIDENCES dashboard.
- Average sale price: $2,214,518 across 107 transactions
- Estimated gross rental yield: 2.8%
- District 19 PSF ranking: Above average (top 30%)
- 99 yrs lease commencing from 2007 · OCR · D19 · 521 units
About KOVAN RESIDENCES
KOVAN RESIDENCES is a 99 yrs lease commencing from 2007 condominium, located at KOVAN ROAD in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by CENTURION KOVAN PTE LTD, comprising 521 residential units, completed in 2011.
With approximately 80 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 RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 24 | $1,605 psf | $1,447,445 |
| 3 BR | 33 | $1,683 psf | $2,125,694 |
| 4 BR | 44 | $1,505 psf | $2,568,452 |
| 5+ BR | 6 | $1,094 psf | $3,175,833 |
Sales Market Overview
KOVAN RESIDENCES has recorded 107 sale transactions with an average transaction price of $2,214,518, ranging from $1,050,000 to $4,399,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 20 | $1,266 psf | $1,979,889 | — |
| 2022 | 28 | $1,446 psf | $2,051,493 | ↑ 14.2% |
| 2023 | 18 | $1,531 psf | $2,362,716 | ↑ 5.9% |
| 2024 | 16 | $1,724 psf | $2,419,750 | ↑ 12.6% |
| 2025 | 20 | $1,824 psf | $2,336,400 | ↑ 5.8% |
| 2026 | 5 | $1,881 psf | $2,388,200 | ↑ 3.1% |
KOVAN RESIDENCES ranks in the top 30% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, KOVAN RESIDENCES trades 0.6% above the segment benchmark.
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Rental Market Overview
KOVAN RESIDENCES has recorded 439 rental transactions with monthly rents averaging $5,114/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 131 | $3,737/mo | $2,600/mo | $4,600/mo |
| 3 BR | 180 | $4,877/mo | $3,300/mo | $6,500/mo |
| 4 BR | 121 | $6,493/mo | $4,100/mo | $13,500/mo |
| 5+ BR | 7 | $13,150/mo | $8,800/mo | $17,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 88 | $4,125/mo |
| 2022 | 111 | $4,838/mo |
| 2023 | 69 | $5,544/mo |
| 2024 | 82 | $5,486/mo |
| 2025 | 66 | $5,788/mo |
| 2026 | 23 | $5,683/mo |
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Investment Analysis
Based on average rents and sale prices, KOVAN RESIDENCES delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- KOVAN RESIDENCES
- Kovan MRT
- Hougang MRT
- Holy Innocents'
- St. Gabriel'
- Holy Innocents'
Nearby MRT Stations
KOVAN RESIDENCES is 170m from Kovan MRT (North-East Line), with 2 stations within 1.5 km.
Nearby Schools
There are 19 schools within 2 km of KOVAN RESIDENCES, including 11 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Holy Innocents' High School | Secondary | 160m |
| St. Gabriel's Primary School | Primary | 210m |
| Holy Innocents' Primary School | Primary | 230m |
| Xinmin Primary School | Primary | 390m |
| Hougang Secondary School | Secondary | 420m |
| Hougang Primary School | Primary | 460m |
| Montfort Secondary School | Secondary | 470m |
| Xinmin Secondary School | Secondary | 480m |
| Montfort Junior School | Primary | 580m |
| Zhonghua Primary School | Primary | 810m |
| Zhonghua Secondary School | Secondary | 890m |
| Yangzheng Primary School | Primary | 1.1 km |
FAQ
What is the average price for KOVAN RESIDENCES?
What is the rental yield for KOVAN RESIDENCES?
Is KOVAN RESIDENCES 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: 107 transactions analysed
- Rental data: 439 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 RESIDENCES
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