Spazio @ Kovan
Spazio @ Kovan is a commercial building in District 19 · Hougang, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 3.0. It is freehold. 53 transactions are on record since 1995, most recently in Mar 2022. 26 units are currently listed for sale or rent. ACRA records 37 live company registrations at this address.
What are the key facts about Spazio @ Kovan?
- Asset class
- Commercial
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
- Tenure
- Freehold
- District / Area
- District 19 · Hougang
- Address
- 767 Upper Serangoon Road
- Land area
- 1,814 sqm
- Transactions on record
- 53 (records start 1995)
- Live listings
- 26
- ACRA registrations
- 37
About Spazio @ Kovan
Spazio @ Kovan is a mixed-use building in Hougang (District 19). It is located along Upper Serangoon Road, Singapore 534635.
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 1,814 sqm of land with about 5,442 sqm of gross floor area.
53 transactions have been recorded here, at a median of S$2,200 psf. The most recent was in March 2022.
37 businesses are currently registered at this address with ACRA.
The nearest MRT is Serangoon MRT, 766 m away (about a 12-minute walk). The closest bus stop (Opp Upp S'goon Shop Ctr) is 43 m away (about a 1-minute walk).
What is Spazio @ Kovan zoned as?
- Land-use zone
- COMMERCIAL & RESIDENTIAL
- Gross plot ratio
- 3.0
What has Spazio @ Kovan sold for?
| Date | Use | Price | Area | PSF |
|---|---|---|---|---|
| Mar 2022 | Retail | S$1.10M | 657 sqft | $1,675 |
| Jul 2018 | Retail | S$1.30M | 495 sqft | $2,625 |
| Aug 2016 | Retail | S$1.96M | 560 sqft | $3,495 |
| Aug 2016 | Retail | S$2.30M | 786 sqft | $2,927 |
| May 2016 | Retail | S$1.47M | 517 sqft | $2,841 |
| May 2016 | Retail | S$2.10M | 710 sqft | $2,949 |
| May 2016 | Retail | S$1.90M | 657 sqft | $2,894 |
| Mar 2016 | Retail | S$2.22M | 753 sqft | $2,949 |
| Dec 2015 | Retail | S$2.30M | 657 sqft | $3,499 |
| Mar 2014 | Retail | S$1.92M | 872 sqft | $2,202 |
URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like.
How does Upper Serangoon Road price?
Street figures cover strata deals only — land and strata PSF are not comparable.
What do commercial rents run near Spazio @ Kovan?
Indicative area yield — District 19 retail
An INDICATIVE AREA yield for District 19 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.
Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.
Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.
Retail rents — District 19 ($ 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 Spazio @ Kovan right now?
For sale (23)
- Spazio @ Kovan2 agentsS$2.00M · 657 sqft
- Spazio @ Kovan2 agentsS$1.50M · 495 sqft
- Spazio @ KovanS$1.02M · 377 sqft
- Up to 4% Yield! Cheap Freehold Unit Approved for Restaurant Usage along Upper Serangoon main road2 agentsS$1.13M · 495 sqft
For rent (3)
- Spazio @ KovanS$3k/mo · 495 sqft
- Spazio @ KovanS$2k/mo · 248 sqft
- Spazio @ KovanS$4k/mo · 538 sqft
What is near Spazio @ Kovan?
Getting around
- Serangoon MRT766 m · ~12 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 Spazio @ Kovan?
- Live registrations
- 37
- Registered last 3 years
- 13
- 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 Spazio @ Kovan
Where is Spazio @ Kovan?⌄
Spazio @ Kovan is at 767 Upper Serangoon Road, Singapore 534635, in the Hougang planning area.
What is Spazio @ Kovan zoned as?⌄
Spazio @ Kovan sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 3.
What is the tenure of Spazio @ Kovan?⌄
Spazio @ Kovan is freehold.
What have units at Spazio @ Kovan sold for?⌄
Across 53 recorded transactions, the median price is S$2,200 psf. The latest was in March 2022.
What is the nearest MRT station to Spazio @ Kovan?⌄
Serangoon MRT is the closest, 766 m away (about a 12-minute walk).
How many businesses are registered at Spazio @ Kovan?⌄
37 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 Spazio @ 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 Spazio @ Kovan.