999-yearOCRDistrict 19 (Hougang)

Kovan 81

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2024 (URA)
Quick Summary

Kovan 81 is a 999-year apartment in District 19 (Hougang) that obtained TOP in 2001, with 29 units across 1 block. Across 52 transactions on record, units have recently transacted around S$1.10M (S$905 psf, ~1,141 sqft). The lease has approximately 851 years remaining.

Key facts about Kovan 81
Tenure999-year leasehold from 1878 (≈851 years left)
TOP year2001
DeveloperSINO TAC HOLDING PTE LTD
Units29 in 1 block
District and areaDistrict 19 · Hougang · OCR
Nearest MRTSerangoon MRT, 824 m (~13 min walk)
Latest median psfS$905 psf, last 12 URA caveats to Apr 2024
1

What's for sale and for rent at Kovan 81?

Key Takeaway

Kovan 81 has 0 units listed for sale, and 1 unit for rent at a median of S$4,000 a month.

For sale

0 listings

no asking prices

For rent

1 listing

S$4,000 – S$4,000 a month

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

2

What are the floor plans and unit sizes at Kovan 81?

Key Takeaway

Floor plans for Kovan 81 aren't in PropKaki's library yet. Across 52 URA caveats, units range from 969 sqft to 2,056 sqft, and the middle half are 1,055 sqft to 1,173 sqft.

3

What is the price and PSF at Kovan 81?

Key Takeaway

Units have recently transacted around S$1.10M (S$905 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$1.10M

recent · 52 sales on record

Median PSF

S$905 psf

recent transactions

Median rent (monthly)

S$2,235

81 rentals on record

Gross rental yield

2.4%

indicative, gross

Source: URA caveat data, through Apr 2024.

4

What has recently sold at Kovan 81?

Key Takeaway

Kovan 81 has 52 recorded sales; the most recent transacted at S$1,680,000 in Apr 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2024S$1,680,0001,733S$969 psf
Oct 2021S$1,290,0001,076S$1,198 psf
Nov 2018S$1,155,0001,055S$1,095 psf
Mar 2018S$1,100,0001,055S$1,043 psf
Jul 2015S$1,110,0001,227S$905 psf
Jul 2015S$1,660,0001,959S$847 psf
Feb 2014S$1,035,0001,076S$962 psf
Oct 2012S$960,0001,033S$929 psf
May 2012S$950,0001,141S$833 psf
Feb 2011S$960,0001,173S$818 psf
Nov 2010S$1,150,0001,959S$587 psf
Nov 2010S$815,0001,141S$714 psf

52 sales and 81 rentals on record since Jul 2000. Source: URA.

5

Are prices at Kovan 81 rising?

Key Takeaway

The median transacted PSF at Kovan 81 has risen 60% over the past 18 years (20002018), from S$652 psf to S$1,043 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2018S$1,043 psfS$1.10M2+23.1%
2015S$847 psfS$1.11M2+1.7%
2012S$833 psfS$950k2+16.7%
2010S$714 psfS$810k4+39.2%
2007S$513 psfS$608k4+18.5%
2006S$433 psfS$500k4-4.2%
2003S$452 psfS$549k4-19.0%
2002S$558 psfS$655k2+1.5%
2001S$550 psfS$592k4-15.6%
2000S$652 psfS$745k17

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

6

Is Kovan 81 a good investment?

Key Takeaway

Of 23 units at Kovan 81 that were bought and later resold (bought from 2000, resold up to 2024), 70% sold for more than they were bought for, with a median gain of 17% over a median 6.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

70%

of 23 resales here

Median gain

17%

gross, before costs

Median hold

6.8 years

bought to resold

Every unit at Kovan 81 with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Kovan 81 and what's nearby?

Key Takeaway

Kovan 81 is located in Hougang, in the North-East Region of Singapore.

Kovan 81 is a 999-year apartment completed in 2001. It was developed by SINO TAC HOLDING PTE LTD. The development has 29 residential units. It sits on a land area of 2,276 sqm and has a gross floor area of 3,184 sqm. The plot ratio is 1.4.

KOVAN 81 is located at 81 Kovan Road, Singapore 548173. 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 Serangoon MRT, approximately 824m away, around 13 minutes on foot. Nearby amenities include NEX for shopping, THONG CHEW FOOD INDUSTRIES PTE LTD for groceries, Kovan Market & Food Centre for food options, and Jln Geneng Interim Pk for greenery and recreation.

8

How far is Kovan 81 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Kovan 81 is Serangoon MRT, about 824 m away (~13 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km879 m
  • Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority968 m
  • St. Gabriel's Secondary SchoolSecondary school1.0 km
  • Peicai Secondary SchoolSecondary school1.1 km
  • Zhonghua Primary SchoolPrimary school1.1 km
  • Zhonghua Secondary SchoolSecondary school1.3 km
  • Yuying Secondary SchoolSecondary school1.3 km
  • Yangzheng Primary SchoolPrimary school1.3 km

Shops, food & parks

Mall: Nex · 857 mSupermarket: Thong Chew Food Industries Pte Ltd · 321 mHawker centre: Kovan Market & Food Centre · 937 mPark: Jln Geneng Interim Pk · 342 m

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

9

Who built Kovan 81 and how big is the development?

Key Takeaway

Kovan 81 was developed by SINO TAC HOLDING PTE LTD, with 29 units.

Developer
SINO TAC HOLDING PTE LTD
Blocks
1
Land area
2,276 sqm (24,499 sqft)
Gross floor area
3,184 sqm (34,272 sqft)
Plot ratio
1.40
10

What does it cost to own a unit at Kovan 81?

Key Takeaway

Buying a unit at Kovan 81 (~S$1.10M) needs about S$8,052/mo in income and S$3,705/mo in repayments, after S$28,600 stamp duty and a S$275k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.10M) 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$28,600

BSD, tiered

Downpayment (25%)

S$275k

cash + CPF

Monthly instalment

S$3,705/mo

30y @ 3.5%

Income required

S$8,052/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Kovan 81?

Key Takeaway

11,112 CEA-registered agents closed at least one recorded deal in District 19 — where Kovan 81 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 Kovan 81? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Kovan 81's own transactions.

PropKaki
Is Kovan 81 a good buy, and what are units selling for?

Recent units at Kovan 81 sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Kovan 81

Is Kovan 81 freehold?

No. Kovan 81 is on a 999-year lease that started in 1878, with about 851 years left.

How old is Kovan 81?

Kovan 81 was completed (obtained TOP) in 2001, so it is about 25 years old.

Is Kovan 81 a good investment?

Of 23 units at Kovan 81 that were bought and later resold (bought from 2000, resold up to 2024), 70% sold for more than they were bought for, with a median gain of 17% over a median 6.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

Is Kovan 81 an EC?

No. Kovan 81 is a private apartment development, not an executive condominium (EC).

Who is the developer of Kovan 81?

Kovan 81 was developed by SINO TAC HOLDING PTE LTD.

What is the price of a condo at Kovan 81?

Units at Kovan 81 have recently sold for around S$1.10M (S$905 psf), the median of the last 12 URA caveats to Apr 2024. The price depends on size, floor and facing.

Where is Kovan 81 located?

Kovan 81 is at 81 Kovan Road, Singapore 548173, in Hougang (District 19). The nearest MRT station is Serangoon MRT, about 824 m away.

How many units are there in Kovan 81?

Kovan 81 has 29 units in 1 block.

How much do I need to earn to buy at Kovan 81?

For a unit around S$1.10M as a first home, you'd need roughly S$8,052/mo in income (assessed at the stress-test rate), with repayments near S$3,705/mo after a S$275k (25%) downpayment and S$28,600 Buyer's Stamp Duty.

Are prices at Kovan 81 going up?

The median price per square foot at Kovan 81 has risen about 60% between 2000 and 2018, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Kovan 81?

Paya Lebar Methodist Girls' School (Primary) is within 1 km of Kovan 81. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.