Kovan Esquire

D19 (OCR) Freehold

Kovan Esquire is a freehold condominium in District 19 (Punggol, Hougang, Serangoon Gardens), within Singapore's Outside Central Region (OCR). Completed in 1998, the development comprises 23 units. Sale and rental figures on this page are compiled from URA transaction records.

District 19 · Freehold · Completed 1998
~$1,558Avg PSF (12-month)
23Total units
Category Ratings
Facilities
4.5
Unit size & layout
8.0
Value for money
7.5
Neighbourhood
8.0
MRT accessibility
7.5
Lease remaining
9.5

Overview & Key Facts

KOVAN ESQUIRE is a freehold condominium at KOVAN ROAD in District 19 (OCR), developed by , comprising 23 units, completed in 1998.

Developer
Tenure
Freehold
Total units
23
TOP year
1998
District
19 — OCR
Street
KOVAN ROAD

Location & Connectivity

KOVAN ESQUIRE is approximately 480m from Kovan MRT station, with 3 stations within 1.5 km.

MRT stations near KOVAN ESQUIRE
StationLineDistance
KovanNorth-East Line480m
SerangoonNorth-East Line1.3 km
SerangoonCircle Line1.3 km

Schools & Education

23 schools within 2 km (16 within 1 km priority zone).

Schools near KOVAN ESQUIRE
SchoolTypeDistance
Hillside World AcademyInternational360m
Zhonghua Primary SchoolPrimary420m
Xinmin Secondary SchoolSecondary440m
Zhonghua Secondary SchoolSecondary450m
Montfort Secondary SchoolSecondary540m
Montfort Junior SchoolPrimary550m
DPS International SchoolInternational550m
Xinmin Primary SchoolPrimary560m

Market Position

KOVAN ESQUIRE has recorded 2 sales at an average price of $1,480,000.

KOVAN ESQUIRE sits at the 57th percentile of District 19 condo PSF.
$1,558 psf
Avg PSF (12mo)
$1,480,000
Avg Price
2.4%
Gross Yield
2
Total Sales

Price Appreciation

PSF trend for KOVAN ESQUIRE
YearSalesAvg PSFChange
20231$1,301 psf
20251$1,558 psf↑ 19.8%

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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.

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Neighbourhood Comparison

District 19 competitors
CondoTenureAvg PSFSales
CHUAN PARK99 yrs lease commencing from 2024$2,596 psf883
THE FLORENCE RESIDENCES99 yrs lease commencing from 2018$1,752 psf873
RIVERFRONT RESIDENCES99 yrs lease commencing from 2018$1,596 psf648
AFFINITY AT SERANGOON99 yrs lease commencing from 2018$1,699 psf604
SERANGOON GARDEN ESTATEFreehold$1,759 psf491

What Could Work Against You

  • Only 1 transaction 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 23 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, p1 school balloting families, long-term hold (10+ yr) and freehold / generational hold. MRT proximity is the standout commute feature for daily transit users.

first-time hdb upgraders should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

KOVAN ESQUIRE is a freehold development in District 19 (OCR), with 23 units, offering a gross yield of 2.4%.

At ~$1,558 psf, it represents a competitive entry point in the OCR segment.

Explore the full KOVAN ESQUIRE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing KOVAN ESQUIRE against staying public? These HDB towns sit within walking or short-drive distance:

  • Hougang — 4-room average $630,510 (280m away), an upgrader gap of about $850,000
  • Serangoon — 4-room average $685,706 (850m away), an upgrader gap of about $800,000
  • Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $550,000

FAQ

What is the average PSF for KOVAN ESQUIRE?
The 12-month average is approximately $1,558 psf.
Is KOVAN ESQUIRE freehold?
Yes, KOVAN ESQUIRE is a freehold property.
What is the rental yield for KOVAN ESQUIRE?
The estimated gross yield is 2.4%.
Which MRT is nearest to KOVAN ESQUIRE?
The nearest is Kovan MRT at 480m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 2 transactions
  • Rental data: 27 leases
  • Source: URA

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

Data as of August 2025

Latest recorded data point: Aug 2025 · 2 records analysed · Source: URA private-sale caveats