Vibes @ Kovan
Vibes @ Kovan is a freehold condominium located in District 19 (Punggol, Hougang, Serangoon Gardens), part of the Outside Central Region (OCR). The development was completed in 2015 and comprises 36 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
VIBES @ KOVAN is a freehold condominium at KOVAN ROAD in District 19 (OCR), developed by OXLEY ASSETS PTE LTD, comprising 36 units, completed in 2015.
Location & Connectivity
VIBES @ KOVAN is approximately 750m from Serangoon MRT station, with 4 stations within 1.5 km.
Schools & Education
22 schools within 2 km (10 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Cedar Girls' Secondary School | Secondary | 210m |
| Hillside World Academy | International | 210m |
| Cedar Primary School | Primary | 260m |
| Zhonghua Secondary School | Secondary | 510m |
| Zhonghua Primary School | Primary | 580m |
| Serangoon Secondary School | Secondary | 690m |
| DPS International School | International | 710m |
| Xinmin Secondary School | Secondary | 910m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 7 | $1,580 psf | $684,286 |
| 1 BR | 3 | $1,427 psf | $787,500 |
| 2 BR | 3 | $1,252 psf | $983,667 |
Market Position
VIBES @ KOVAN has recorded 13 sales at an average price of $777,192.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at VIBES @ KOVAN typically rent harder per dollar of purchase price. The final column shows monthly rent per $100,000 invested, so unit sizes compare on equal capital:
| Type | Avg Rent | Avg Price | Gross Yield | Rent per $100k |
|---|---|---|---|---|
| 1 BR | $2,385/mo | $787,500 | 3.63% | $303/mo |
| 2 BR | $3,085/mo | $983,667 | 3.76% | $314/mo |
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Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $1,363 psf | — |
| 2022 | 2 | $1,329 psf | ↓ 2.5% |
| 2023 | 4 | $1,560 psf | ↑ 17.4% |
| 2024 | 3 | $1,331 psf | ↓ 14.7% |
| 2025 | 2 | $1,559 psf | ↑ 17.2% |
| 2026 | 1 | $1,725 psf | ↑ 10.7% |
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VIBES @ KOVAN prices sit at a fresh series high after a 10.7% gain on the prior period, now 26.6% 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 2 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 36 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), car-owning households, p1 school balloting families and yield-focused investors best. The unit profile suits DINK couples valuing CBD/MRT access over square footage.
For empty nesters / downsizers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
Verdict
VIBES @ KOVAN is a freehold development in District 19 (OCR), with 36 units, offering a gross yield of 4.0%.
At ~$1,615 psf, it represents a competitive entry point in the OCR segment.
Explore the full VIBES @ KOVAN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing VIBES @ KOVAN against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for VIBES @ KOVAN?
Is VIBES @ KOVAN freehold?
What is the rental yield for VIBES @ KOVAN?
Which MRT is nearest to VIBES @ KOVAN?
Sources & Next Steps
- VIBES @ 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: 13 transactions
- Rental data: 102 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jul 2026 · 13 records analysed · Source: URA private-sale caveats