FreeholdOCRDistrict 19 (Hougang)

57 @ Kovan

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2023 (URA)
Quick Summary

57 @ Kovan is a freehold apartment in District 19 (Hougang) that obtained TOP in 2012, with 10 units across 1 block. Across 15 transactions on record, units have recently transacted around S$1.39M (S$1,084 psf, ~1,249 sqft). There are 5 units for sale from S$2.07M to S$2.07M.

Key facts about 57 @ Kovan
TenureFreehold
TOP year2012
DeveloperSUN FONG TRADING PTE LTD
Units10 in 1 block
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 596 m (~9 min walk)
Latest median psfS$1,084 psf, last 12 URA caveats to Aug 2023
1

What's for sale and for rent at 57 @ Kovan?

Key Takeaway

57 @ Kovan has 5 units listed for sale, asking S$2.07M to S$2.07M, and 0 units for rent.

For sale

5 listings

S$2.07M – S$2.07M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom2S$2.07M–S$2.07M
4-bedroom3S$2.07M–S$2.07M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at 57 @ Kovan?

Key Takeaway

Floor plans for 57 @ Kovan aren't in PropKaki's library yet. Across 15 URA caveats, units range from 1,001 sqft to 2,799 sqft, and the middle half are 1,249 sqft to 1,356 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,356 sqftS$2.07M
4-bedroom1,356 sqftS$2.07M

Check the Floor Plan Finder for 57 @ Kovan →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at 57 @ Kovan?

Key Takeaway

Units have recently transacted around S$1.39M (S$1,084 psf), at a gross rental yield of about 3.2% (URA caveat data).

Recent median price

S$1.39M

recent · 15 sales on record

Median PSF

S$1,084 psf

recent transactions

Median rent (monthly)

S$3,663

38 rentals on record

Gross rental yield

3.2%

indicative, gross

Source: URA caveat data, through Aug 2023.

4

What has recently sold at 57 @ Kovan?

Key Takeaway

57 @ Kovan has 15 recorded sales; the most recent transacted at S$1,950,000 in Aug 2023 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2023S$1,950,0001,399S$1,394 psf
Jul 2022S$1,468,8001,249S$1,176 psf
Mar 2022S$1,560,0001,356S$1,150 psf
Jan 2019S$1,210,0001,399S$865 psf
May 2018S$980,0001,001S$979 psf
Oct 2017S$1,600,0001,356S$1,180 psf
Feb 2014S$1,350,0001,249S$1,081 psf
Aug 2013S$1,470,0001,356S$1,084 psf
Jun 2013S$1,490,0001,356S$1,099 psf
Apr 2013S$1,390,0001,249S$1,113 psf
Apr 2012S$1,300,0001,249S$1,041 psf
Jul 2011S$899,8991,001S$899 psf

15 sales and 38 rentals on record since Dec 2010. Source: URA.

5

Are prices at 57 @ Kovan rising?

Key Takeaway

The median transacted PSF at 57 @ Kovan has risen 43% over the past 11 years (20112022), from S$804 psf to S$1,150 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2022S$1,150 psfS$1.47M2+4.6%
2013S$1,099 psfS$1.47M3+36.7%
2011S$804 psfS$1.83M3

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is 57 @ Kovan a good investment?

Key Takeaway

57 @ Kovan has only 5 resales on record, too few to judge on its own. Across District 19, 90% of 30,979 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 29% over a median 7.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Past resale results don't predict future returns, and this is not financial advice.

District 19 sold for more

90%

of 30,979 private resales

Median gain

29%

gross, before costs

Median hold

7.0 years

bought to resold

57 @ Kovan has fewer than 10 matched resales, so the figures are for District 19 as a whole. Check the odds for your unit size and holding period →

7

Where is 57 @ Kovan and what's nearby?

Key Takeaway

57 @ Kovan is located in Hougang, in the North-East Region of Singapore.

57 @ Kovan is a freehold apartment completed in 2012. It was developed by SUN FONG TRADING PTE LTD. The development has 10 residential units. It sits on a land area of 892 sqm and has a gross floor area of 1,249 sqm. The plot ratio is 1.4.

57 @ KOVAN is located at 57 Kovan Road, Singapore 548147. It is part of District 19, Serangoon Garden / Hougang / Punggol, Hougang. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Kovan MRT, approximately 596m away, around 9 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, NTUC Fairprice Co-operative Ltd for groceries, Kovan Market & Food Centre for food options, and Richards Ave Pk for greenery and recreation. Facilities in the development include Covered car park.

8

How far is 57 @ Kovan from MRT and schools?

Key Takeaway

The nearest MRT/LRT to 57 @ Kovan is Kovan MRT, about 596 m away (~9 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km874 m
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.0 km
  • Yuying Secondary SchoolSecondary school1.1 km
  • Xinghua Primary SchoolPrimary school1.1 km
  • Anderson Serangoon Junior CollegeJunior college1.1 km
  • Peicai Secondary SchoolSecondary school1.2 km
  • Zhonghua Primary SchoolPrimary school1.2 km
  • St. Gabriel's Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Heartland Mall Kovan · 572 mSupermarket: NTUC Fairprice Co-operative Ltd · 393 mHawker centre: Kovan Market & Food Centre · 645 mPark: Richards Ave Pk · 437 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built 57 @ Kovan and how big is the development?

Key Takeaway

57 @ Kovan was developed by SUN FONG TRADING PTE LTD, with 10 units.

Developer
SUN FONG TRADING PTE LTD
Blocks
1
Land area
892 sqm (9,601 sqft)
Gross floor area
1,249 sqm (13,444 sqft)
Plot ratio
1.40
10

What facilities does 57 @ Kovan have?

Key Takeaway

57 @ Kovan has 1 facility, including Covered car park.

Covered car park
11

What does it cost to own a unit at 57 @ Kovan?

Key Takeaway

Buying a unit at 57 @ Kovan (~S$1.39M) needs about S$10,175/mo in income and S$4,681/mo in repayments, after S$40,200 stamp duty and a S$348k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.39M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$40,200

BSD, tiered

Downpayment (25%)

S$348k

cash + CPF

Monthly instalment

S$4,681/mo

30y @ 3.5%

Income required

S$10,175/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around 57 @ Kovan?

Key Takeaway

11,112 CEA-registered agents closed at least one recorded deal in District 19 — where 57 @ Kovan sits — in the last 12 months, across all property types.

Active agents · 12mo

11,112

District 19 · closed ≥1 deal

Deals on record

72,395

all-time · all property types

Source: CEA public transaction records, attributed to District 19 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about 57 @ Kovan? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from 57 @ Kovan's own transactions.

PropKaki
Is 57 @ Kovan a good buy, and what are units selling for?

Recent units at 57 @ Kovan sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about 57 @ Kovan

Is 57 @ Kovan freehold?

Yes. 57 @ Kovan is freehold, so ownership does not run out.

How old is 57 @ Kovan?

57 @ Kovan was completed (obtained TOP) in 2012, so it is about 14 years old.

Is 57 @ Kovan a good investment?

57 @ Kovan has only 5 resales on record, too few to judge on its own. Across District 19, 90% of 30,979 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 29% over a median 7.0-year hold (URA caveats, before costs). Its gross rental yield is about 3.2%. Past resale results don't predict future returns, and this is not financial advice.

Is 57 @ Kovan an EC?

No. 57 @ Kovan is a private apartment development, not an executive condominium (EC).

Who is the developer of 57 @ Kovan?

57 @ Kovan was developed by SUN FONG TRADING PTE LTD.

What is the price of a condo at 57 @ Kovan?

Units at 57 @ Kovan have recently sold for around S$1.39M (S$1,084 psf), the median of the last 12 URA caveats to Aug 2023. The price depends on size, floor and facing. 5 units are listed for sale from S$2.07M to S$2.07M.

Where is 57 @ Kovan located?

57 @ Kovan is at 57 Kovan Road, Singapore 548147, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 596 m away.

How many units are there in 57 @ Kovan?

57 @ Kovan has 10 units in 1 block.

How much do I need to earn to buy at 57 @ Kovan?

For a unit around S$1.39M as a first home, you'd need roughly S$10,175/mo in income (assessed at the stress-test rate), with repayments near S$4,681/mo after a S$348k (25%) downpayment and S$40,200 Buyer's Stamp Duty.

Are prices at 57 @ Kovan going up?

The median price per square foot at 57 @ Kovan has risen about 43% between 2011 and 2022, based on URA caveats. The year-by-year figures are in the price-trend table above.