Park Residences Kovan
Park Residences Kovan is a freehold condominium in District 19 (Punggol, Hougang, Serangoon Gardens), within Singapore's Outside Central Region (OCR). Completed in 2013, the development comprises 41 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
PARK RESIDENCES KOVAN
Over the 12 months to Jul 2025, Park Residences Kovan recorded 1 resale transaction at a median $1,928 psf (median price $685,000), and 23 rental contracts at a median $2,700/mo, a gross rental yield of 4.7%. Source: URA caveat data, as of Jul 2025.
Park Residences Kovan's median of $1,928 psf over the trailing 12 months places its pricing above roughly 82% of District 19 condos; resale liquidity has been limited with 1 caveat lodged; the 4.7% gross rental yield sits above 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 |
|---|---|---|---|---|---|
| Jul-25 | $685,000 | $1,928 psf | 355 sqft | 01 to 05 | Studio |
| Jun-25 | $638,000 | $1,796 psf | 355 sqft | 01 to 05 | Studio |
| Jul-24 | $680,000 | $1,914 psf | 355 sqft | 01 to 05 | Studio |
| Aug-23 | $640,000 | $1,802 psf | 355 sqft | 01 to 05 | Studio |
| Jun-23 | $650,000 | $1,830 psf | 355 sqft | 01 to 05 | Studio |
| Jun-23 | $850,000 | $1,295 psf | 657 sqft | 01 to 05 | 1BR |
| Oct-22 | $642,382 | $1,808 psf | 355 sqft | 01 to 05 | Studio |
| Sep-22 | $612,000 | $1,723 psf | 355 sqft | 01 to 05 | Studio |
Can I afford Park Residences Kovan?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $685,000.
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.