Kovana
Located in District 19 (Punggol, Hougang, Serangoon Gardens), Kovana is a freehold condominium in the Outside Central Region (OCR). The development was completed in 2007 and comprises 18 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
KOVANA is a freehold condominium at KOVAN ROAD in District 19 (OCR), developed by VANDAR PROPERTIES PTE LTD, comprising 18 units, completed in 2007.
Location & Connectivity
KOVANA is approximately 550m from Kovan MRT station, with 3 stations within 1.5 km.
Schools & Education
22 schools within 2 km (15 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Hillside World Academy | International | 300m |
| Zhonghua Primary School | Primary | 380m |
| Zhonghua Secondary School | Secondary | 400m |
| Xinmin Secondary School | Secondary | 510m |
| DPS International School | International | 520m |
| Montfort Junior School | Primary | 570m |
| Montfort Secondary School | Secondary | 580m |
| Cedar Primary School | Primary | 620m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 3 | $1,287 psf | $1,506,000 |
| 4 BR | 2 | $1,372 psf | $1,949,000 |
| 5+ BR | 1 | $1,000 psf | $2,733,000 |
Market Position
KOVANA has recorded 6 sales at an average price of $1,858,167.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,200 psf | — |
| 2023 | 1 | $1,000 psf | ↓ 16.7% |
| 2024 | 2 | $1,329 psf | ↑ 32.9% |
| 2025 | 1 | $1,548 psf | ↑ 16.5% |
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KOVANA prices sit at a fresh series high after a 16.5% gain on the prior period, now 29.1% 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.
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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 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 18 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
This is a strong match for mrt-walkable commuters, p1 school balloting families, quiet sanctuary seekers and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.
For car-owning households and first-time hdb upgraders, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
KOVANA is a freehold development in District 19 (OCR), with 18 units, offering a gross yield of 2.5%.
At ~$1,548 psf, it represents a competitive entry point in the OCR segment.
Explore the full KOVANA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing KOVANA against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for KOVANA?
Is KOVANA freehold?
What is the rental yield for KOVANA?
Which MRT is nearest to KOVANA?
Sources & Next Steps
- KOVANA 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: 6 transactions
- Rental data: 6 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Nov 2025 · 6 records analysed · Source: URA private-sale caveats