We track 38 sales and 323 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SPACE @ KOVAN dashboard.
- Average sale price: $893,260 across 38 transactions
- Estimated gross rental yield: 3.8%
- District 19 PSF ranking: Above average (top 41%)
- Freehold tenure · OCR · D19 · 140 units
About SPACE @ KOVAN
SPACE @ KOVAN is a freehold condominium, located at YIO CHU KANG ROAD in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by ROXY-PACIFIC DEVELOPMENTS PTE LTD, comprising 140 residential units, completed in 2014.
As a freehold property, SPACE @ KOVAN does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at SPACE @ KOVAN:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 13 | $1,599 psf | $671,154 |
| 1 BR | 16 | $1,402 psf | $851,250 |
| 2 BR | 3 | $1,330 psf | $1,059,629 |
| 3 BR | 5 | $1,228 psf | $1,335,000 |
| 4 BR | 1 | $1,142 psf | $1,745,000 |
Sales Market Overview
SPACE @ KOVAN has recorded 38 sale transactions with an average transaction price of $893,260, ranging from $595,000 to $1,745,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 8 | $1,308 psf | $921,000 | — |
| 2022 | 13 | $1,389 psf | $885,692 | ↑ 6.2% |
| 2023 | 5 | $1,439 psf | $893,400 | ↑ 3.6% |
| 2024 | 6 | $1,474 psf | $951,981 | ↑ 2.4% |
| 2025 | 5 | $1,635 psf | $828,600 | ↑ 10.9% |
| 2026 | 1 | $1,763 psf | $740,000 | ↑ 7.8% |
SPACE @ KOVAN ranks in the top 41% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, SPACE @ KOVAN trades 7.5% below the segment benchmark.
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Rental Market Overview
SPACE @ KOVAN has recorded 323 rental transactions with monthly rents averaging $2,820/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 134 | $2,375/mo | $1,700/mo | $3,200/mo |
| 2 BR | 169 | $3,049/mo | $1,200/mo | $4,500/mo |
| 3 BR | 20 | $3,865/mo | $2,600/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 62 | $2,190/mo |
| 2022 | 69 | $2,602/mo |
| 2023 | 64 | $3,241/mo |
| 2024 | 47 | $2,966/mo |
| 2025 | 62 | $3,115/mo |
| 2026 | 19 | $2,920/mo |
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Investment Analysis
Based on average rents and sale prices, SPACE @ KOVAN delivers an estimated gross rental yield of 3.8%. 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 SPACE @ KOVAN (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SPACE @ KOVAN
- Serangoon MRT
- Serangoon MRT
- Kovan MRT
- Bartley MRT
- Lorong Chuan MRT
- Cedar Girls'
- Cedar Primary School
- Zhonghua Secondary School
Nearby MRT Stations
SPACE @ KOVAN is 700m from Serangoon MRT (North-East Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Serangoon | NE12 | North-East Line | 700m |
| Serangoon | CC13 | Circle Line | 700m |
| Kovan | NE13 | North-East Line | 1.1 km |
| Bartley | CC12 | Circle Line | 1.4 km |
| Lorong Chuan | CC14 | Circle Line | 1.5 km |
Nearby Schools
There are 20 schools within 2 km of SPACE @ KOVAN, including 6 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Cedar Girls' Secondary School | Secondary | 140m |
| Cedar Primary School | Primary | 200m |
| Zhonghua Secondary School | Secondary | 590m |
| Serangoon Secondary School | Secondary | 640m |
| Zhonghua Primary School | Primary | 660m |
| Xinmin Secondary School | Secondary | 960m |
| Montfort Junior School | Primary | 1.0 km |
| Montfort Secondary School | Secondary | 1.1 km |
| Xinmin Primary School | Primary | 1.1 km |
| Yangzheng Primary School | Primary | 1.1 km |
| St. Gabriel's Primary School | Primary | 1.3 km |
| Holy Innocents' High School | Secondary | 1.3 km |
FAQ
What is the average price for SPACE @ KOVAN?
What is the rental yield for SPACE @ KOVAN?
Is SPACE @ KOVAN 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: 38 transactions analysed
- Rental data: 323 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 SPACE @ KOVAN
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.