Space @ Kovan
Space @ Kovan is a commercial building in District 19 · Serangoon, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 49 transactions are on record since 1995, most recently in Nov 2025. 10 units are currently listed for sale or rent. ACRA records 57 live company registrations at this address.
What are the key facts about Space @ Kovan?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 19 · Serangoon
- Address
- 9 Yio Chu Kang Road
- Land area
- 3,766 sqm
- Transactions on record
- 49 (records start 1995)
- Live listings
- 10
- ACRA registrations
- 57
About Space @ Kovan
Space @ Kovan is a mixed-use building in Serangoon (District 19). It is located along Yio Chu Kang Road, Singapore 545523.
Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 3.
The site is freehold. It occupies roughly 3,766 sqm of land with about 11,753 sqm of gross floor area.
49 transactions have been recorded here, at a median of S$2,771 psf. The most recent was in November 2025.
57 businesses are currently registered at this address with ACRA.
The nearest MRT is Serangoon MRT, 639 m away (about a 10-minute walk). The closest bus stop (Highland Ctr) is 61 m away (about a 1-minute walk).
What is Space @ Kovan zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
What has Space @ Kovan sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Nov 2025 | Retail | S$1.00M | 312 sqft | $3,204 |
| Mar 2024 | Retail | S$531k | 269 sqft | $1,973 |
| Nov 2023 | Retail | S$608k | 237 sqft | $2,567 |
| Apr 2023 | Retail | S$928k | 312 sqft | $2,973 |
| Sept 2022 | Retail | S$2.75M | 1,206 sqft | $2,281 |
| Feb 2022 | Retail | S$650k | 194 sqft | $3,355 |
| Oct 2021 | Retail | S$418k | 194 sqft | $2,157 |
| Jul 2013 | Retail | S$698k | 172 sqft | $4,053 |
| Sept 2011 | Retail | S$3.04M | 1,216 sqft | $2,499 |
| Sept 2011 | Retail | S$2.83M | 1,130 sqft | $2,500 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Yio Chu Kang Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Space @ Kovan?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ psm/month, 2026Q2)
| Floor level · size band | 25th pct | Median | 75th 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.
What is available at Space @ Kovan right now?
For sale (5)
- Space @ Kovan2 agentsS$1.20M · 204 sqft
- Space @ Kovan2 agentsS$750k · 215 sqft
- Space @ KovanS$680k · 248 sqft
- Space @ KovanS$1.30M · 204 sqft
For rent (5)
- Space @ Kovan2 agentsS$11k/mo · 1,206 sqft
- Space @ KovanS$2k/mo · 312 sqft
- 2nd Storey Shop/Office @ Yio Chu Kang RoadS$4k/mo · 915 sqft
- 1st storey shop @ Yio Chu Kang road (F&B approved)S$5k/mo · 1,130 sqft
What is near Space @ Kovan?
Getting around
- Serangoon MRT639 m · ~10 min
Amenities nearby
Competing premises nearby
Retail and F&B premises competing for the same footfall — context for an occupier, not a selling point.
Straight-line distances. Source: PropKaki amenities data.
How many companies are registered at Space @ Kovan?
- Live registrations
- 57
- Registered last 3 years
- 25
- Most common type
- Local Company
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.
Frequently asked questions about Space @ Kovan
Where is Space @ Kovan?⌄
Space @ Kovan is at 9 Yio Chu Kang Road, Singapore 545523, in the Serangoon planning area.
What is Space @ Kovan zoned as?⌄
Space @ Kovan sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Space @ Kovan?⌄
Space @ Kovan is freehold.
What have units at Space @ Kovan sold for?⌄
Across 49 recorded transactions, the median price is S$2,771 psf. The latest was in November 2025.
What is the nearest MRT station to Space @ Kovan?⌄
Serangoon MRT is the closest, 639 m away (about a 10-minute walk).
How many businesses are registered at Space @ Kovan?⌄
57 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.
The facts are here — now get the verdict on Space @ Kovan.
Ask what a unit here would fetch, what the zone allows, or how it compares.
PropKakiHere's the building's zone, its recorded deals and every live unit — and where the asking prices sit against them.
This development is also registered as the residential project Space @ Kovan.