Simon Plaza

Apartment · in Hougang, District 19, Singapore · Freehold · Completed 1990

Data through 1 April 2026

Intro: Simon Plaza offers a straightforward, low-density freehold living experience in Kovan that residents value for its highly accessible location just a short walk from the MRT station 🚆.
Good to know: Located within a 200-metre walk of Kovan MRT station 🚇; Freehold development in the heart of the vibrant Kovan neighborhood 📍; Spacious floor plans with 3-bedroom units making up the majority of the project 🏠.
Practical note: As a boutique apartment development from 1990, it lacks the extensive recreational facilities found in larger modern condos, making it a better fit for those prioritizing location over on-site amenities.

D19OCRNorth EastHougang

REALSCOREⓘ

Profitability rank across Singapore

3.2

Annual Returns

Avg annualized profit (past 1y)

6.8%

< 1km

MRT Station

Near

$1M+ HDB

Mega

Development

< 10y

Property Age

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Simon Plaza project details

Street

Kovan Road

Property Type

Apartment

Completion

1990

Total Units

-1

Plot Ratio

1.4

Unit Size

1,249 - 1,927 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Simon Plaza

Kovan198 m MRTNE13

See details on nearby stations

Primary schools near Simon Plaza

Xinghua Primary School741 m
Holy Innocents' Primary School1,000 m
Xinmin Primary School1,000 m

See details on nearby schools

Simon Plaza price, PSF and transaction trends

58%

HDB Buyers

$37.5M+

Total Transacted

01-01-1995

First Transacted

24-02-2026

Last Transacted

Total Transactions

Simon Plaza transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Simon Plaza, the median price was S$1,630,000 and the median PSF was S$935 psf. The newest record shown is from 24 February 2026. The annual project median was 78.5% higher in 2026 than in 2014; unit mix can affect year-to-year comparisons.

Recent Simon Plaza transactions

Date	Sale type	Price	PSF	Size
24 February 2026	Resale	S$2,510,000	S$1,555 psf	1,615 sqft
20 February 2026	Resale	S$2,280,000	S$1,358 psf	1,679 sqft
17 April 2025	Resale	S$2,550,000	S$1,323 psf	1,927 sqft
19 October 2022	Resale	S$2,050,000	S$1,213 psf	1,690 sqft
3 August 2021	Resale	S$1,680,000	S$1,041 psf	1,615 sqft

Simon Plaza median transaction PSF (S$)

Simon Plaza annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$2,395,000	S$1,456 psf	2
2025	S$2,550,000	S$1,323 psf	1
2022	S$2,050,000	S$1,213 psf	1
2021	S$1,680,000	S$1,041 psf	1
2020	S$1,710,000	S$903 psf	1
2019	S$1,500,000	S$929 psf	3
2017	S$1,400,000	S$867 psf	1
2014	S$1,371,000	S$816 psf	1

88.2%

% Profitable

Profitable

Unprofitable

> 6% Annualized

9.1 yrs

Avg Holding

$8.7M

Total Profits

Simon Plaza annualized profit %

View full details

Simon Plaza rental prices and estimated yield

Past 1 month

$2.59

Avg PSF Rental

No. of Rentals

2.1%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Simon Plaza, the median monthly rent was S$4,100, with records ranging from S$2,500 to S$5,500.

Recent Simon Plaza rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 April 2026	3 BR	S$4,800	S$3 psf	1800-1900
1 February 2025	—	S$5,500	S$3 psf	1600-1700
1 April 2024	3 BR	S$4,800	S$3 psf	1800-1900
1 March 2024	—	S$5,500	S$3 psf	1600-1700
1 December 2023	3 BR	S$4,400	S$3 psf	1600-1700

Simon Plaza rental volume

View full details

Frequently asked questions about Simon Plaza

How much do units at Simon Plaza cost?

The latest 12 recorded sales show a median price of S$1,630,000 and a median of S$935 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Simon Plaza?

The latest recorded median monthly rent is S$4,100 and the estimated rental yield based on the past six months is 2.1%. Rental yield is indicative and can vary by unit and costs.

Is Simon Plaza freehold or leasehold?

Simon Plaza has a tenure of Freehold.

When was Simon Plaza completed?

Simon Plaza was completed in 1990.

Which MRT or LRT station is nearest to Simon Plaza?

Kovan is the nearest station shown, at an estimated straight-line distance of 198 metres.

Which primary schools are near Simon Plaza?

The primary schools shown within the page’s one-kilometre search are Xinghua Primary School (741 m), Holy Innocents' Primary School (1,000 m), and Xinmin 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 April 2026. Figures are indicative and do not constitute financial advice.