CommercialFreeholdDistrict 19 · Hougang

93a,93b Kovan Road

Reviewed by Nathan TangUpdated 24 September 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)
10.4%
9.4% net of property tax
Rent side (median of bands)
$203.46 psm/mo
2026Q2
Price side (strata, 5y)
$2,179 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, 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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