CommercialFreeholdDistrict 19 · Hougang

93a,93b Kovan Road

Reviewed by Nathan TangUpdated 10 August 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
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.

4

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.

5

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

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q2) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 19 retail

Gross yield (area)
10.3%
9.3% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,200 psf
71 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, 2026Q2)

Floor level · size band25th pctMedian75th pct
B1 & Below · 30 & Below$63.18$70.59$323.45
Level 2 & 3 · 30 & Below$44.44$66.00$73.08
Level 1 · 30 & Below$65.69$92.24$377.30
Level 2 & 3 · >30 - 100$147.73$234.51$281.12
Level 1 · >30 - 100$107.69$250.70$306.57
B1 & Below · >30 - 100$257.47$297.67$372.67
Level 2 & 3 · >100 - 300$109.91$140.32$169.42
Level 1 · >100 - 300$183.40$220.71$251.55

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.

6

How many companies are registered at 93a,93b Kovan Road?

Key takeawayACRA records 0 live company registrations at this address.
Live registrations
0
Registered last 3 years
0

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

7

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.

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