999-yearOCRDistrict 19 (Hougang)

Kovan 81

Reviewed by Nathan TangUpdated 10 August 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.

1

What are the key facts about Kovan 81?

Key Takeaway

Kovan 81 is a 999-year apartment in District 19 (Hougang) that obtained TOP in 2001, with 29 units across 1 block.

Tenure
999-year
TOP / Completion
2001
Developer
SINO TAC HOLDING PTE LTD
Total units
29
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$905 psf
Last transacted
Apr 2024
Remaining lease
≈ 851 years
2

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.

3

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.

4

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.

5

How many property agents are active around Kovan 81?

Key Takeaway

11,111 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

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

all-time · all property types

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

6

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.

7

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
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

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
10

Frequently asked questions about Kovan 81

How much does a unit at Kovan 81 cost?

Units at Kovan 81 have recently transacted around S$1.10M (S$905 psf), from 52 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Kovan 81 a good investment?

Gross rental yield is about 2.4%; median PSF has risen about 60% since 2000. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Kovan 81 going up?

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

Is Kovan 81 freehold or leasehold?

Kovan 81 is 999-year, with approximately 851 years remaining on the lease.

When was Kovan 81 built and who developed it?

Kovan 81 obtained TOP in 2001, developed by SINO TAC HOLDING PTE LTD, with 29 units across 1 block.

What is the nearest MRT to Kovan 81?

The nearest MRT/LRT station to Kovan 81 is Serangoon MRT, about 824 m away (~13 min walk).

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 qualify for Primary 1 (P1) registration priority.

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