57 @ Kovan
57 @ Kovan is a condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). Completed in 2013, the development comprises 10 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 19 can be compared on ShiokNest's district analytics pages.
57 @ KOVAN
Over the 12 months to Aug 2023, 57 @ Kovan recorded 3 rental contracts at a median $4,300/mo. Source: URA caveat data, as of Aug 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-23 | $1,950,000 | $1,394 psf | 1,399 sqft | 01 to 05 | 4BR |
| Jul-22 | $1,468,800 | $1,176 psf | 1,249 sqft | 01 to 05 | 3BR |
| Mar-22 | $1,560,000 | $1,150 psf | 1,356 sqft | 01 to 05 | 4BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.