Kovan Apartments

Apartment · in Hougang, District 19, Singapore · Freehold · Completed 1994

Data through 1 August 2023

Kovan Apartments project gallery

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Intro: Kovan Apartments provides a low-density, freehold living environment in District 19 that features spacious three-bedroom units within an eight-minute walk of Kovan MRT station 🚆.
Good to know: Completed in 1994 as an intimate four-storey development; Located within easy reach of Paya Lebar Methodist Girls' School 🏫.
Practical note: As an established walk-up style apartment, this project lacks the extensive recreational facilities found in modern mega-projects, making it a better fit for those who prioritize extra living space over clubhouse amenities 🏡.

D19OCRNorth EastHougang

< 1km

MRT Station

Near

$1M+ HDB

Mega

Development

< 10y

Property Age

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Kovan Apartments project details

Street

Kovan Road

Property Type

Apartment

Completion

1994

Total Units

-1

Plot Ratio

1.4

Unit Size

1,389 - 1,485 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Kovan Apartments

Kovan590 m MRTNE13
Serangoon994 m MRTMRT

See details on nearby stations

Primary schools near Kovan Apartments

Paya Lebar Methodist Girls' School (Primary)1,000 m
Zhonghua Primary School1,000 m

See details on nearby schools

Kovan Apartments price, PSF and transaction trends

43%

HDB Buyers

$22.5M+

Total Transacted

13-09-1995

First Transacted

01-08-2023

Last Transacted

Total Transactions

Kovan Apartments transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Kovan Apartments, the median price was S$1,160,000 and the median PSF was S$807 psf. The newest record shown is from 1 August 2023. The annual project median was 64.0% higher in 2023 than in 2008; unit mix can affect year-to-year comparisons.

Recent Kovan Apartments transactions

Date	Sale type	Price	PSF	Size
1 August 2023	Resale	S$1,500,000	S$1,010 psf	1,485 sqft
5 June 2023	Resale	S$900,000	S$648 psf	1,389 sqft
28 April 2023	Resale	S$1,770,000	S$1,192 psf	1,485 sqft
6 October 2020	Resale	S$1,360,000	S$979 psf	1,389 sqft
15 January 2020	Resale	S$1,425,000	S$959 psf	1,485 sqft

Kovan Apartments median transaction PSF (S$)

Kovan Apartments annual price trend

Year	Median price	Median PSF	Recorded sales
2023	S$1,500,000	S$1,010 psf	3
2020	S$1,392,500	S$969 psf	2
2016	S$1,210,000	S$815 psf	1
2015	S$1,110,000	S$799 psf	1
2011	S$1,250,000	S$842 psf	1
2010	S$1,066,500	S$718 psf	2
2009	S$860,000	S$598 psf	2
2008	S$915,000	S$616 psf	1

63.6%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.4 yrs

Avg Holding

$2.5M

Total Profits

Kovan Apartments annualized profit %

View full details

Kovan Apartments rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 6 recorded rental contracts for Kovan Apartments, the median monthly rent was S$2,000, with records ranging from S$1,300 to S$2,800.

Recent Kovan Apartments rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 October 2020	—	S$2,700	S$2 psf	1400-1500
1 April 2019	—	S$2,500	S$2 psf	1400-1500
1 June 2018	—	S$2,800	S$2 psf	1500-1600
1 December 2001	—	S$1,500	S$1 psf	1400-1500
1 December 2000	—	S$1,500	S$1 psf	1400-1500

Kovan Apartments rental volume

View full details

Frequently asked questions about Kovan Apartments

How much do units at Kovan Apartments cost?

The latest 12 recorded sales show a median price of S$1,160,000 and a median of S$807 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Kovan Apartments?

The latest recorded median monthly rent is S$2,000. Rental yield is indicative and can vary by unit and costs.

Is Kovan Apartments freehold or leasehold?

Kovan Apartments has a tenure of Freehold.

When was Kovan Apartments completed?

Kovan Apartments was completed in 1994.

Which MRT or LRT station is nearest to Kovan Apartments?

Kovan is the nearest station shown, at an estimated straight-line distance of 590 metres.

Which primary schools are near Kovan Apartments?

The primary schools shown within the page’s one-kilometre search are Paya Lebar Methodist Girls' School (Primary) (1,000 m) and Zhonghua Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 August 2023. Figures are indicative and do not constitute financial advice.