Suites @ Kovan
Suites @ Kovan is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). Completed in 2012, the development comprises 16 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
SUITES @ KOVAN is a freehold condominium at UPPER SERANGOON ROAD in District 19 (OCR), developed by TSL CAPITAL PTE LTD, comprising 16 units, completed in 2012.
Location & Connectivity
SUITES @ KOVAN is approximately 290m from Kovan MRT station, with 2 stations within 1.5 km.
Schools & Education
21 schools within 2 km (11 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| St. Gabriel's Primary School | Primary | 130m |
| Holy Innocents' High School | Secondary | 170m |
| Holy Innocents' Primary School | Primary | 170m |
| Hougang Secondary School | Secondary | 280m |
| Hougang Primary School | Primary | 300m |
| Xinmin Primary School | Primary | 520m |
| Montfort Secondary School | Secondary | 530m |
| Xinmin Secondary School | Secondary | 630m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 6 | $1,728 psf | $641,481 |
| 2 BR | 2 | $1,281 psf | $1,034,444 |
| 3 BR | 1 | $1,111 psf | $1,160,000 |
Market Position
SUITES @ KOVAN has recorded 9 sales at an average price of $786,420.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,214 psf | — |
| 2022 | 2 | $1,230 psf | ↑ 1.3% |
| 2023 | 1 | $1,626 psf | ↑ 32.2% |
| 2024 | 2 | $1,708 psf | ↑ 5.0% |
| 2025 | 2 | $1,769 psf | ↑ 3.6% |
| 2026 | 1 | $1,790 psf | ↑ 1.2% |
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SUITES @ KOVAN prices sit at a fresh series high after a 1.2% gain on the prior period, now 47.4% 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 3 transactions 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 16 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
The profile fits young couples (no kids), mrt-walkable commuters, p1 school balloting families and yield-focused investors best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for families with young children and resort facilities — other options likely serve them better. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
SUITES @ KOVAN is a freehold development in District 19 (OCR), with 16 units, offering a gross yield of 3.8%.
At ~$1,776 psf, it represents a competitive entry point in the OCR segment.
Explore the full SUITES @ KOVAN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SUITES @ KOVAN against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for SUITES @ KOVAN?
Is SUITES @ KOVAN freehold?
What is the rental yield for SUITES @ KOVAN?
Which MRT is nearest to SUITES @ KOVAN?
Sources & Next Steps
- SUITES @ KOVAN 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: 9 transactions
- Rental data: 30 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2026 · 9 records analysed · Source: URA private-sale caveats