CommercialCOMMERCIAL & RESIDENTIALFreeholdDistrict 19 · Hougang

Spazio @ Kovan

Reviewed by Nathan TangUpdated 10 August 2026
Quick Summary

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. 2 units are currently listed for sale. ACRA records 37 live company registrations at this address.

1

What are the key facts about Spazio @ Kovan?

Key takeawaySpazio @ Kovan is a commercial building in District 19 · Hougang, zoned COMMERCIAL & RESIDENTIAL, held freehold.
Asset class
Commercial
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0
Tenure
Freehold
District / Area
District 19 · Hougang
Address
Land area
1,814 sqm
Transactions on record
None recorded
Live listings
2
ACRA registrations
37

No recorded transactions — this building has never generated a strata caveat (typically single-owner or lease-only stock). That is not missing data, and it says nothing about the building's value, occupancy or availability.

2

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.

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). Nex is 800 m away (about a 12-minute walk).

3

What is Spazio @ Kovan zoned as?

Key takeawaySpazio @ Kovan sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 3.0.
Land-use zone
COMMERCIAL & RESIDENTIAL
Gross plot ratio
3.0

Run the full zoning report for this building →

4

How does Upper Serangoon Road price?

Key takeawayAcross 24 strata sales on Upper Serangoon Road in the last 5 years, the median is $2,071 psf.
Strata sales on the street (5y)
24
Street median PSF (strata)
$2,071

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

5

What do commercial rents run near Spazio @ Kovan?

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

What is available at Spazio @ Kovan right now?

Key takeaway2 units are currently listed at Spazio @ Kovan. One row per unit; several agents often market the same unit.

For sale (2)

  • Spazio @ KovanS$1.55M · 753 sqft
  • Spazio @ KovanS$1.75M · 850 sqft

Browse every listing at this building →

7

What is near Spazio @ Kovan?

Key takeawayThe nearest MRT/LRT is Serangoon MRT, about 766 m away.

Getting around

Amenities nearby

Opp Upp S'goon Shop Ctr · 43 mPlace Of Worship · 45 mHotel · 72 mMission Medical Clinic · 107 mJln Geneng Interim Pk · 321 mPrime Supermarket (1996) Pte Ltd · 336 mSerangoon MRT Exit C · 688 mEducational Institution · 782 mNex · 801 mBraddell Heights Community Club · 942 m

Straight-line distances. Source: PropKaki amenities data.

8

How many companies are registered at Spazio @ Kovan?

Key takeawayACRA records 37 live company registrations at this address, 13 of them in the last three years.
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.

9

Frequently asked questions about Spazio @ Kovan

Where is Spazio @ Kovan?

Spazio @ Kovan is at 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.

Have there been any recorded transactions at Spazio @ Kovan?

No caveats have been lodged for Spazio @ Kovan in the URA records we track. That is common for buildings held by a single owner, which never generate strata transactions.

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.

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