Kovan Residences

Condominium · in Hougang, District 19, Singapore · 99 yrs from 31/12/2007 · Completed 2011

Data through 24 September 2026

Kovan Residences property photo and location

Intro: Kovan Residences offers a highly connected lifestyle just steps from Kovan MRT station, placing residents within easy reach of local food spots and everyday essentials 🚆.
Good to know: Located just 30 metres from Kovan MRT for seamless commuting 🚇; Features a diverse unit mix including expansive 5-bedroom penthouses 🏡; Within one kilometre of Xinghua Primary School and Yuying Secondary School 🏫.
Practical note: As a larger development completed in 2011, residents may find the unit layouts follow older architectural trends compared to newer compact builds in the area.

D19OCRNorth EastHougang

REALSCOREⓘ

Profitability rank across Singapore

4.0

Annual Returns

Avg annualized profit (past 1y)

5.9%

< 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 Residences project details

Street

Kovan Road

Developer

Centurion Kovan Pte Ltd

Property Type

Condominium

Completion

2011

Total Units

521

Plot Ratio

3.5

Unit Size

883 - 4,747 sqft

Tenure

99 yrs from 31/12/2007

Lease Remaining

80 yrs

Postal Sector

GLS Site

Land Use

Residential (Non-Landed)

Development Type

Condominium or Flats (Serviced apartments will be allowed)

Site Area

17634.10

Plot Ratio

3.50

Permissible GFA

61719.00

GLS Launch

07-08-2007

Tender Closed

02-10-2007

Awarded

03-10-2007

Awarded To

Duke Development Pte Ltd

Bids

Winning Tender

290018888.00

Land Rate (GFA)

4699.02

Land Rate (ppr)

436.55

Max GFA (Est.)

61719.00

Estimated Units

555

MRT and LRT stations near Kovan Residences

Kovan41 m MRTNE13

See details on nearby stations

Primary schools near Kovan Residences

Xinghua Primary School651 m
Chij Our Lady Of The Nativity1,000 m
Holy Innocents' Primary School1,000 m

See details on nearby schools

Kovan Residences price, PSF and transaction trends

29%

Sold At Launch

36%

HDB Buyers

$1.3B+

Total Transacted

13-07-2008

First Transacted

24-09-2026

Last Transacted

903

Total Transactions

Kovan Residences transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Kovan Residences, the median price was S$2,606,500 and the median PSF was S$1,862 psf. The newest record shown is from 24 September 2026. The annual project median was 52.2% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent Kovan Residences transactions

Date	Sale type	Price	PSF	Size
24 September 2026	Resale	S$3,250,000	S$1,841 psf	1,765 sqft
25 August 2026	Resale	S$2,700,000	S$1,872 psf	1,442 sqft
12 June 2026	Resale	S$2,523,000	S$2,003 psf	1,259 sqft
28 May 2026	Resale	S$2,668,000	S$1,850 psf	1,442 sqft
28 May 2026	Resale	S$3,050,000	S$1,375 psf	2,217 sqft

Kovan Residences median transaction PSF (S$)

Kovan Residences annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$2,684,000	S$1,861 psf	10
2025	S$2,429,000	S$1,838 psf	20
2024	S$2,360,000	S$1,731 psf	16
2023	S$2,291,500	S$1,560 psf	18
2022	S$1,935,000	S$1,472 psf	28
2021	S$1,930,000	S$1,273 psf	28
2020	S$1,690,000	S$1,196 psf	18
2019	S$1,595,000	S$1,223 psf	20

95.3%

% Profitable

383

Profitable

Unprofitable

189

> 6% Annualized

5.9 yrs

Avg Holding

$172.3M

Total Profits

Kovan Residences annualized profit %

View full details

Kovan Residences rental prices and estimated yield

Past 1 month

$4.37

Avg PSF Rental

No. of Rentals

2.9%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Kovan Residences, the median monthly rent was S$5,900, with records ranging from S$4,000 to S$8,000.

Recent Kovan Residences rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	2 BR	S$4,000	S$4 psf	900-1000
1 August 2026	4 BR	S$6,000	S$3 psf	1800-1900
1 August 2026	3 BR	S$5,800	S$5 psf	1200-1300
1 August 2026	2 BR	S$4,500	S$5 psf	900-1000
1 August 2026	4 BR	S$7,200	S$4 psf	1700-1800

Kovan Residences rental volume

View full details

Frequently asked questions about Kovan Residences

How much do units at Kovan Residences cost?

The latest 12 recorded sales show a median price of S$2,606,500 and a median of S$1,862 psf. Actual prices vary by floor, size, facing, condition and sale date.

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

The latest recorded median monthly rent is S$5,900 and the estimated rental yield based on the past six months is 2.9%. Rental yield is indicative and can vary by unit and costs.

Is Kovan Residences freehold or leasehold?

Kovan Residences has a tenure of 99 yrs from 31/12/2007.

When was Kovan Residences completed and who developed it?

Kovan Residences was completed in 2011, the developer is Centurion Kovan Pte Ltd, and the project has 521 units.

Which MRT or LRT station is nearest to Kovan Residences?

Kovan is the nearest station shown, at an estimated straight-line distance of 41 metres.

Which primary schools are near Kovan Residences?

The primary schools shown within the page’s one-kilometre search are Xinghua Primary School (651 m), Chij Our Lady Of The Nativity (1,000 m), and Holy Innocents' 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 24 September 2026. Figures are indicative and do not constitute financial advice.