Overview & Key Facts
VIBES @ KOVAN is a freehold condominium at KOVAN ROAD in District 19 (OCR), developed by OXLEY ASSETS PTE LTD, comprising 36 units, completed in 2015.
Location & Connectivity
VIBES @ KOVAN is approximately 750m from Serangoon MRT station, with 4 stations within 1.5 km.
Schools & Education
22 schools within 2 km (10 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Cedar Girls' Secondary School | Secondary | 210m |
| Hillside World Academy | International | 210m |
| Cedar Primary School | Primary | 260m |
| Zhonghua Secondary School | Secondary | 510m |
| Zhonghua Primary School | Primary | 580m |
| Serangoon Secondary School | Secondary | 690m |
| DPS International School | International | 710m |
| Xinmin Secondary School | Secondary | 910m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 7 | $1,580 psf | $684,286 |
| 1 BR | 3 | $1,427 psf | $787,500 |
| 2 BR | 3 | $1,252 psf | $983,667 |
Market Position
VIBES @ KOVAN has recorded 13 sales at an average price of $777,192.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at VIBES @ KOVAN typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,385/mo | $787,500 | 3.63% | $303/mo |
| 2 BR | $3,085/mo | $983,667 | 3.76% | $314/mo |
Loading chart data...
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,363 psf | — |
| 2022 | 2 | $1,329 psf | ↓ 2.5% |
| 2023 | 4 | $1,560 psf | ↑ 17.4% |
| 2024 | 3 | $1,331 psf | ↓ 14.7% |
| 2025 | 2 | $1,559 psf | ↑ 17.2% |
| 2026 | 1 | $1,725 psf | ↑ 10.7% |
Loading chart data...
VIBES @ KOVAN prices sit at a fresh series high after a 10.7% gain on the prior period, now 26.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 19 reads 131.3 as of June 2026 — up 2.8% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | $2,596 psf | 883 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | $1,752 psf | 873 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | $1,596 psf | 648 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | $1,699 psf | 604 |
| SERANGOON GARDEN ESTATE | Freehold | $1,759 psf | 491 |
What Could Work Against You
- Only 2 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 36 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
The profile fits young couples (no kids), car-owning households, p1 school balloting families and yield-focused investors best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
For empty nesters / downsizers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
Verdict
VIBES @ KOVAN is a freehold development in District 19 (OCR), with 36 units, offering a gross yield of 4.0%.
At ~$1,615 psf, it represents a competitive entry point in the OCR segment.
Explore the full VIBES @ KOVAN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing VIBES @ KOVAN against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for VIBES @ KOVAN?
Is VIBES @ KOVAN freehold?
What is the rental yield for VIBES @ KOVAN?
Which MRT is nearest to VIBES @ KOVAN?
Sources & Next Steps
- VIBES @ KOVAN Dashboard — Live charts and analytics
- URA — Official transaction data
- District 19 (Punggol, Hougang, Serangoon Gardens) — District 19 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 13 transactions
- Rental data: 102 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2026 · 13 records analysed · Source: URA private-sale caveats