Kovan Melody
REALSCOREⓘ
Profitability rank across Singapore
4.2
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
6.4%
Kovan Melody delivers a highly connected lifestyle, placing its 778 households just steps away from Kovan MRT station and the everyday amenities at Heartland Mall 🚆.
Good to know: Located just under 100 meters from Kovan MRT for effortless commuting 🚇; Offers a generous unit mix dominated by spacious three-bedroom layouts 📐; Within 1km of Xinghua Primary School and Yuying Secondary School 🏫.
Practical note: As a 2006-completed development, the project features a mature, established feel that may appeal more to those who value space and proximity over the latest modern-day smart home features 🏡.
< 1km
MRT Station
Near
$1M+ HDB
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Kovan Road
Developer
Winhome Investment Pte Ltd
Property Type
Condominium
Completion
2006
Total Units
778
Plot Ratio
3.5
Unit Size
872 - 1,894 sqft
Tenure
99 yrs from 20/01/2004
Lease Remaining
77 yrs
Postal Sector
54
GLS Site
Land Use
Residential (Non-Landed)
Development Type
Condominium; Flats; or Serviced Apartments
Site Area
25272.50
Plot Ratio
3.50
Permissible GFA
88454.00
GLS Launch
22-09-2003
Tender Closed
20-10-2003
Awarded
27-10-2003
Awarded To
Winwill Investment Pte Ltd, NTUC Choice Homes Co-operative Ltd, Greatearth Developments Pte Ltd
Bids
7
Winning Tender
255000000.00
Land Rate (GFA)
2882.85
Land Rate (ppr)
267.83
Max GFA (Est.)
88454.00
Estimated Units
700
Nearby Stations
- KovanNE13
Nearby Primary Schools
- Xinghua Primary School
- Paya Lebar Methodist Girls' School (Primary)
Transaction
N.A.
Sold At Launch
45%
HDB Buyers
$1.4B+
Total Transacted
28-08-2004
First Transacted
30-06-2026
Last Transacted
1,425
Total Transactions
Transaction Volume
New SaleSub SaleResale
98.5%
% Profitable
673
Profitable
13
Unprofitable
416
> 6% Annualized
6.5 yrs
Avg Holding
$286.0M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 2 BR | 148 | 19.02% | 872 - 1,292 sqft |
| 3 BR | 518 | 66.58% | 1,173 - 1,690 sqft |
| 4 BR | 112 | 14.40% | 1,367 - 1,894 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 25 | 545024 | 100.0% | 9.1% |
| 23 | 548193 | 100.0% | 8.3% |
| 33 | 545020 | 100.0% | 8.3% |
| 19 | 548191 | 98.5% | 7.6% |
| 35 | 545019 | 98.4% | 8.8% |
| 15 | 548189 | 98.3% | 9.3% |
| 31 | 545021 | 98.2% | 8.1% |
| 17 | 548190 | 98.1% | 7.4% |
| 29 | 545022 | 97.0% | 7.1% |
| 37 | 545018 | 96.8% | 8.5% |
| 21 | 548192 | 96.4% | 7.4% |
| 27 | 545023 | 96.3% | 7.9% |
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