Kovan Jewel
Kovan Jewel is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). The development was completed in 2022 and comprises 34 units. Sale and rental figures on this page are compiled from URA transaction records.
Over the 12 months to Sep 2025, Kovan Jewel recorded 1 resale transaction at a median $2,283 psf (median price $1,425,000), and 12 rental contracts at a median $3,450/mo, a gross rental yield of 2.9%. Source: URA caveat data, as of Sep 2025.
Kovan Jewel's median of $2,283 psf over the trailing 12 months places its pricing above roughly 96% of District 19 condos; resale liquidity has been limited with 1 caveat lodged; the 2.9% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Sep-25 | $1,425,000 | $2,283 psf | 624 sqft | 01 to 05 | 1BR |
| Feb-25 | $2,448,800 | $2,146 psf | 1,141 sqft | 01 to 05 | 3BR |
| Feb-25 | $2,406,800 | $2,236 psf | 1,076 sqft | 01 to 05 | 3BR |
| Dec-24 | $2,511,900 | $2,202 psf | 1,141 sqft | 01 to 05 | 3BR |
| Nov-24 | $2,346,900 | $2,057 psf | 1,141 sqft | 01 to 05 | 3BR |
| Nov-24 | $2,450,500 | $2,148 psf | 1,141 sqft | 01 to 05 | 3BR |
| Aug-24 | $1,548,000 | $2,146 psf | 721 sqft | 01 to 05 | 2BR |
| Aug-24 | $2,398,000 | $2,228 psf | 1,076 sqft | 01 to 05 | 3BR |
Can I afford Kovan Jewel?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,425,000.
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.