PropKaki
FreeholdOCRDistrict 19 (Hougang)

57 @ Kovan

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$1.39M (S$1,084 psf), from 15 sales on record.

1

What are the key facts about 57 @ Kovan?

Key Takeaway

57 @ Kovan is a freehold apartment in District 19 (Hougang) that obtained TOP in 2012, with 10 units across 1 block.

Tenure
Freehold
TOP / Completion
2012
Developer
SUN FONG TRADING PTE LTD
Total units
10
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,084 psf
Last transacted
Aug 2023
Remaining lease
Freehold
2

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$3,654

37 rentals on record

Gross rental yield

3.2%

indicative, gross

Source: URA caveat data, through Aug 2023.

3

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 37 rentals on record since Dec 2010. Source: URA.

4

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.

5

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.

6

What facilities does 57 @ Kovan have?

Key Takeaway

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

Covered car park
7

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

8

Frequently asked questions about 57 @ Kovan

What is the price at 57 @ Kovan?

Units at 57 @ Kovan have recently transacted around S$1.39M (S$1,084 psf), from 15 sales on record (URA caveat data).

Is 57 @ Kovan freehold or leasehold?

57 @ Kovan is freehold.

When was 57 @ Kovan built?

57 @ Kovan obtained TOP in 2012, developed by SUN FONG TRADING PTE LTD.

What is the rental yield at 57 @ Kovan?

Gross rental yield at 57 @ Kovan is about 3.2%, based on median current rents and prices.

How many units are in 57 @ Kovan?

57 @ Kovan has 10 units across 1 block.

What facilities does 57 @ Kovan have?

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

What is the nearest MRT to 57 @ Kovan?

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

Are there schools near 57 @ Kovan?

1 school is within 1 km of 57 @ Kovan, including Paya Lebar Methodist Girls' School (Secondary).

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