Kovan Residences
REALSCOREⓘ
Profitability rank across Singapore
4.1
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
6.1%
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.
< 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
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
54
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
6
Winning Tender
290018888.00
Land Rate (GFA)
4699.02
Land Rate (ppr)
436.55
Max GFA (Est.)
61719.00
Estimated Units
555
Nearby Stations
- KovanNE13
Nearby Primary Schools
- Xinghua Primary School
- Holy Innocents' Primary School
Transaction
29%
Sold At Launch
36%
HDB Buyers
$1.3B+
Total Transacted
13-07-2008
First Transacted
12-06-2026
Last Transacted
901
Total Transactions
Transaction Volume
New SaleSub SaleResale
95.2%
% Profitable
381
Profitable
19
Unprofitable
189
> 6% Annualized
5.9 yrs
Avg Holding
$169.6M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 2 BR | 92 | 17.66% | 883 - 947 sqft |
| 3 BR | 188 | 36.08% | 1,173 - 1,701 sqft |
| 3 BR + Study | 66 | 12.67% | 1,442 - 2,013 sqft |
| 3 BR Penthouse | 1 | 0.19% | 2,465 sqft |
| 4 BR | 158 | 30.33% | 1,765 - 2,260 sqft |
| 4 BR Penthouse | 1 | 0.19% | 3,509 sqft |
| 5 BR Penthouse | 15 | 2.88% | 4,532 - 4,693 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 5 | 544894 | 100.0% | 7.1% |
| 3A | 544918 | 97.0% | 12.0% |
| 7 | 544896 | 97.0% | 5.4% |
| 7A | 544897 | 95.3% | 4.9% |
| 3 | 544917 | 94.6% | 8.3% |
| 1 | 544915 | 93.9% | 14.0% |
| 5A | 544895 | 93.8% | 7.3% |
| 1A | 544916 | 92.1% | 9.6% |
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