HDB Blocks Near Kovan MRT Station

Hdb Near Mrt Aggiornato
Key Takeaways
  • Station: Kovan (North-East Line)
  • HDB blocks within 500m: 0
  • HDB blocks within 1km: 46
  • Avg resale price nearby: $549,446
  • Average block age: 43 years

Station Overview

Kovan is a station on the North-East Line. Station code: NE13.

The station is surrounded by HDB estates in HG. There are 0 HDB blocks within comfortable walking distance (500m) and 46 within 1km, making this a well-served MRT location for HDB residents.

Recent resale transactions indicate an average price of $549,446 for HDB flats near this station.

Key Finding
There are 0 HDB blocks within a 5–7 minute walk of Kovan MRT and 46 within 1km. Average resale price nearby is $549,446.

HDB Blocks Within 500m–1km

These 46 HDB blocks are within a 10–15 minute walk or short bus ride from Kovan MRT. While slightly further, these blocks often offer better value with lower resale prices.

HDB blocks within 1km of Kovan MRT
BlockRoad NameTownYear BuiltUnitsDistance
120HOUGANG AVE 1HG198234680m
111HOUGANG AVE 1HG198242690m
109HOUGANG AVE 1HG1982123710m
121HOUGANG AVE 1HG198123720m
122HOUGANG AVE 1HG198350720m
16HOUGANG AVE 3HG197576730m
112HOUGANG AVE 1HG1980118740m
119HOUGANG AVE 1HG1980119740m
17HOUGANG AVE 3HG1977132750m
123HOUGANG AVE 1HG1981127760m
110HOUGANG AVE 1HG1982134770m
118HOUGANG AVE 1HG198115780m
103HOUGANG AVE 1HG198381790m
141LOR AH SOOHG198480790m
117HOUGANG AVE 1HG198118800m
127HOUGANG AVE 1HG198124800m
15HOUGANG AVE 3HG1975180810m
124HOUGANG AVE 1HG1981139820m
142LOR AH SOOHG1984128820m
104HOUGANG AVE 1HG19838830m
113HOUGANG AVE 1HG1981148830m
116HOUGANG AVE 1HG1980142830m
102HOUGANG AVE 1HG198390860m
140LOR AH SOOHG198496860m
1HOUGANG AVE 3HG1974204870m
105HOUGANG AVE 1HG2005870m
115HOUGANG AVE 1HG1981152870m
125HOUGANG AVE 1HG1981154870m
126HOUGANG AVE 1HG1982127880m
139LOR AH SOOHG198496880m
101HOUGANG AVE 1HG1983108900m
114HOUGANG AVE 1HG1981149910m
143LOR AH SOOHG198496910m
144LOR AH SOOHG198480920m
106HOUGANG AVE 1HG198251940m
128LOR AH SOOHG198384940m
138LOR AH SOOHG1984120950m
107HOUGANG AVE 1HG1982970m
145LOR AH SOOHG198380980m
108HOUGANG AVE 1HG198270990m
129LOR AH SOOHG1985198990m
130LOR AH SOOHG1983104990m
131LOR AH SOOHG19848990m
155HOUGANG ST 11HG198496990m
157HOUGANG ST 11HG198412990m
167HOUGANG AVE 1HG1996145990m

Price Context

Based on 285 recent HDB resale transactions (last 2 years) for streets near Kovan MRT. The overall average resale price is $549,446.

HDB resale prices near Kovan MRT
StreetTransactionsAvg PriceMin PriceMax Price
HOUGANG AVE 1126$554,075$365,000$1,060,000
HOUGANG AVE 395$433,817$300,000$710,000
LOR AH SOO42$748,587$467,000$990,000
HOUGANG ST 1122$642,058$412,000$818,000

Flat Type & Size Analysis

Recent HDB resale transactions near Kovan MRT by flat type (last 2 years). 3 ROOM flats are the most actively traded with 142 transactions at an average price of $412,546. The price efficiency is $5,953/sqm.

Flat type and size breakdown near Kovan MRT
Flat TypeTransactionsAvg PriceAvg SizePrice/sqm
3 ROOM142$412,54669.6 sqm$5,953/sqm
4 ROOM85$591,05299.9 sqm$5,909/sqm
5 ROOM39$775,598127.9 sqm$6,041/sqm
EXECUTIVE19$922,251148.6 sqm$6,209/sqm

Storey Premium Analysis

Floor level significantly affects HDB resale prices near Kovan MRT. The table below shows average prices by storey range (last 2 years), with premium calculated relative to the overall average of $549,445.

Storey premium near Kovan MRT
Storey BandTransactionsAvg PricePremium
Ground (01–03)66$542,295-1.3%
Low (04–09)140$528,014-3.9%
Mid (10–18)79$593,399+8%

Recent Price Trend

Quarterly average resale prices for HDB blocks near Kovan MRT over the last 4 quarters.

Over this period, average resale prices have increased by 16.6%, from $511,200 to $595,848.

Price trend near Kovan MRT
QuarterTransactionsAvg Price
2025-Q29$511,200
2025-Q340$522,172
2025-Q433$566,528
2026-Q133$595,848

Rental Market & Yield

Rental transactions for HDB flats on streets near Kovan MRT (last 2 years). MRT proximity typically boosts rental demand, making these units attractive for both tenants and investors.

EXECUTIVE flats offer the highest estimated gross yield at 4.92% near this station, based on average resale price versus monthly rent.

rental market near Kovan MRT
Flat TypeRental TxnsAvg Monthly RentEst. Yield
3-ROOM364$2,560/mo
4-ROOM272$3,080/mo
5-ROOM83$3,518/mo
EXECUTIVE27$3,782/mo4.92%

Block Age Profile

The 46 HDB blocks within 1km of Kovan MRT range from 2005 to 1974 (built), with an average age of 43 years.

Block age distribution near Kovan MRT
BuiltBlocksShare
1970s48.7%
1980s4087%
1990s12.2%
2000s12.2%

44 blocks were built before 1990 (over 35 years old). Older blocks may face lease decay considerations for buyers — remaining lease affects CPF usage and loan tenure. Consider checking the Lease Decay Calculator for impact analysis.

FAQ

How many HDB blocks are near Kovan MRT?
There are 0 HDB blocks within 500m (walking distance) and 46 within 1km of Kovan MRT station.
What is the average HDB resale price near Kovan MRT?
The average HDB resale price for blocks near Kovan MRT is approximately $549,446 based on transactions from the last 2 years.
Which flat type is most common near Kovan MRT?
3 ROOM flats are the most actively traded near Kovan MRT, with 142 resale transactions in the last 2 years at an average price of $412,546.
How old are HDB blocks near Kovan MRT?
HDB blocks within 1km of Kovan MRT have an average age of 43 years, ranging from 2005 to 1974.

Methodology & Sources

This analysis covers the latest available data and is updated as new data becomes available.

Transaction data sourced from URA REALIS.

  • Distances calculated using haversine formula.
  • Resale and rental data from HDB via data.gov.sg.
  • Storey premium and size analysis based on transactions from the last 2 years.

Median values used to minimize outlier impact. PSF = price per square foot.