CommercialFreeholdDistrict 19 · Hougang

93a,93b Kovan Road

Reviewed by Nathan TangUpdated 8 November 2026Data through May 2010
Quick Summary

93a,93b Kovan Road is a commercial building in District 19 · Hougang. It is freehold. 2 transactions are on record since 1995, most recently in May 2010. ACRA records 0 live company registrations at this address.

1

What are the key facts about 93a,93b Kovan Road?

Key takeaway93a,93b Kovan Road is a commercial building in District 19 · Hougang, held freehold.
Asset class
Commercial
Land-use zone
Not on record
Gross plot ratio
—
Tenure
Freehold
District / Area
District 19 · Hougang
Address
93a,93b Kovan Road
Land area
—
Completed
Not on record
Storeys
Not on record
Transactions on record
2 (records start 1995)
Live listings
None
ACRA registrations
0
2

About 93a,93b Kovan Road

93A,93B Kovan Road is a commercial property in Hougang (District 19). It is located along Kovan Road, Singapore 548179.

The site is freehold.

2 transactions have been recorded here, at a median of S$526 psf. The most recent was in May 2010.

3

What has 93a,93b Kovan Road sold for?

Key takeaway2 transactions are on record since 1995, most recently in May 2010 — too few to support a median, so the deals themselves are listed instead.
DateUsePriceAreaPSF
May 2010Shop HouseS$4.40M5,802 sqft$758
Jan 2006Shop HouseS$1.70M5,802 sqft$293

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

4

What does space at 93a,93b Kovan Road rent for?

Key takeawayNo street- or building-level rent is published here. Across District 19 retail, retail space rented at a median of $12.67 psf a month in 2026Q3, with the middle half of leases between $9.19 and $20.61. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 19 retail

Region band · 2026Q3
25th pct
$9.19
$98.95 psm
Median
$12.67
$136.43 psm
75th pct
$20.61
$221.82 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 19 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

5

Market context around 93a,93b Kovan Road

Key takeawayBrokers' retail figures for Singapore as a whole — a broker's market figure, not this building's rent.
CBRE, 2Q 2026 (island-wide)
  • Islandwide: Rent S$28.15 psf/mth
Singapore Figures Q2 2026
Cushman & Wakefield, 2Q 2026 (island-wide)
  • Singapore total: Rent S$30.38 psf/mth · Vacancy 6.3% (1Q 2026) · Planned / under construction 2.38m sq ft
Singapore Retail MarketBeat Q2 2026

Official series (URA, 2026Q3): Retail vacancy rate (Whole Island) 6.5 (-0.4 pp on the year) · Retail rental index (Central Region) 81.2 (+1.4% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

6

How does Kovan Road price?

Strata sales on the street (5y)
3

Too few strata sales on this street to support a median — the count is shown without one.

Street figures cover strata deals only — land and strata PSF are not comparable.

7

What do commercial rents run near 93a,93b Kovan Road?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
6.9%
6.2% net of property tax
Rent side (median of bands)
$136.43 psm/mo
2026Q3
Price side (strata, 5y)
$2,212 psf
70 sales

An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 19 ($ psm/month, 2026Q3)

Floor level · size band25th pctMedian75th pct
Level 1 · 30 & Below$63.64$104.00$295.24
B1 & Below · 30 & Below$63.48$71.43$209.95
Level 2 & 3 · 30 & Below$54.03$66.41$81.37
B1 & Below · >30 - 100$225.40$251.63$339.38
Level 2 & 3 · >30 - 100$201.18$241.17$307.68
Level 1 · >30 - 100$98.95$138.38$262.23
Level 2 & 3 · >100 - 300$201.65$214.77$221.82
B1 & Below · >100 - 300$196.03$234.00$280.07

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

8

Who's registered at 93a,93b Kovan Road?

Key takeaway0 live companies (and LLPs and branches; sole proprietors are not counted) list 93a,93b Kovan Road as their registered address. These are registered businesses, not who occupies the space.
  • Construction
    0

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

9

Frequently asked questions about 93a,93b Kovan Road

Where is 93A,93B Kovan Road?⌄

93A,93B Kovan Road is at 93A,93B Kovan Road, Singapore 548179, in the Hougang planning area.

What is the tenure of 93A,93B Kovan Road?⌄

93A,93B Kovan Road is freehold.

What have units at 93A,93B Kovan Road sold for?⌄

Across 2 recorded transactions, the median price is S$526 psf. The latest was in May 2010.

For agents · in the PropKaki app

The facts are here — now get the verdict on 93a,93b Kovan Road.

Ask what a unit here would fetch, what the zone allows, or how it compares.

PropKaki
Tell me about 93a,93b Kovan Road — recent transactions, zoning and what's listed there.

Here's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.

Ask anything about Singapore property…