FreeholdOCRDistrict 19 (Hougang)

Kovan Apartments

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Kovan Apartments is a freehold apartment in District 19 (Hougang) that obtained TOP in 1994, with 16 units across 1 block. Across 924 transactions on record, units have recently transacted around S$2.54M (S$1,872 psf, ~1,259 sqft). There are 8 units for sale from S$1.77M to S$5.10M.

1

What are the key facts about Kovan Apartments?

Key Takeaway

Kovan Apartments is a freehold apartment in District 19 (Hougang) that obtained TOP in 1994, with 16 units across 1 block.

Tenure
Freehold
TOP / Completion
1994
Developer
Total units
16
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,872 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at Kovan Apartments?

Key Takeaway

Units have recently transacted around S$2.54M (S$1,872 psf), at a gross rental yield of about 2.1% (URA caveat data).

Recent median price

S$2.54M

recent · 924 sales on record

Median PSF

S$1,872 psf

recent transactions

Median rent (monthly)

S$4,394

1,363 rentals on record

Gross rental yield

2.1%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Kovan Apartments?

Key Takeaway

Kovan Apartments has 924 recorded sales; the most recent transacted at S$2,523,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$2,523,0001,259S$2,003 psf
May 2026S$2,668,0001,442S$1,850 psf
May 2026S$3,050,0002,217S$1,375 psf
Apr 2026S$2,545,0001,259S$2,021 psf
Mar 2026S$1,788,000947S$1,888 psf
Mar 2026S$2,700,0001,442S$1,872 psf
Feb 2026S$1,750,000947S$1,847 psf
Jan 2026S$3,158,0001,776S$1,778 psf
Nov 2025S$2,542,0001,259S$2,018 psf
Nov 2025S$1,635,000883S$1,852 psf
Nov 2025S$2,538,0001,259S$2,015 psf
Oct 2025S$2,520,0001,281S$1,967 psf

924 sales and 1,363 rentals on record since Sept 1995. Source: URA.

4

Are prices at Kovan Apartments rising?

Key Takeaway

The median transacted PSF at Kovan Apartments has risen 69% over the past 9 years (20172026), from S$1,095 psf to S$1,850 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,850 psfS$2.54M8+1.0%
2025S$1,832 psfS$2.43M20+6.0%
2024S$1,729 psfS$2.32M16+11.3%
2023S$1,554 psfS$2.20M21+5.8%
2022S$1,469 psfS$1.92M28+15.9%
2021S$1,268 psfS$1.92M28+7.3%
2020S$1,182 psfS$1.67M20-2.9%
2019S$1,217 psfS$1.59M20-0.6%
2018S$1,224 psfS$1.59M23+11.8%
2017S$1,095 psfS$1.45M30

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 Apartments?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Kovan Apartments 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

What bedroom types are available at Kovan Apartments?

Key Takeaway

Kovan Apartments has 8 units listed for sale, spanning 1–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$2.88M–S$2.88M
2-bedroom2S$1.77M–S$1.77M
3-bedroom3S$2.70M–S$2.75M
5-bedroom2S$3.89M–S$5.10M
7

Where is Kovan Apartments and what's nearby?

Key Takeaway

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

Kovan Apartments is a freehold apartment completed in 1994. The development has 16 residential units. It sits on a land area of 1,969 sqm and has a gross floor area of 2,755 sqm. The plot ratio is 1.4.

KOVAN APARTMENTS is located at 32 Kovan Road, Singapore 548102. 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 690m away, around 11 minutes on foot. Nearby amenities include Heartland Mall Kovan 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. Facilities in the development include Open car park and 24 hours security.

8

Who built Kovan Apartments and how big is the development?

Key Takeaway

Kovan Apartments was developed by , with 16 units.

Blocks
1
Land area
1,969 sqm (21,194 sqft)
Gross floor area
2,755 sqm (29,655 sqft)
Plot ratio
1.40
9

How far is Kovan Apartments from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Kovan Apartments is Kovan MRT, about 690 m away (~11 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km945 m
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.1 km
  • Peicai Secondary SchoolSecondary school1.1 km
  • Zhonghua Primary SchoolPrimary school1.1 km
  • Yuying Secondary SchoolSecondary school1.2 km
  • Anderson Serangoon Junior CollegeJunior college1.2 km
  • Xinghua Primary SchoolPrimary school1.2 km
  • St. Gabriel's Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Heartland Mall Kovan · 671 mSupermarket: Thong Chew Food Industries Pte Ltd · 398 mHawker centre: Kovan Market & Food Centre · 750 mPark: Jln Geneng Interim Pk · 473 m

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

10

What facilities does Kovan Apartments have?

Key Takeaway

Kovan Apartments has 2 facilities, including Open car park, 24 hours security.

Open car park24 hours security
11

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

Key Takeaway

Buying a unit at Kovan Apartments (~S$2.54M) needs about S$18,579/mo in income and S$8,548/mo in repayments, after S$96,500 stamp duty and a S$635k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.54M) 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$96,500

BSD, tiered

Downpayment (25%)

S$635k

cash + CPF

Monthly instalment

S$8,548/mo

30y @ 3.5%

Income required

S$18,579/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 Apartments? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Kovan Apartments

How much does a unit at Kovan Apartments cost?

Units at Kovan Apartments have recently transacted around S$2.54M (S$1,872 psf), from 924 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 Apartments?

For a unit around S$2.54M as a first home, you'd need roughly S$18,579/mo in income (assessed at the stress-test rate), with repayments near S$8,548/mo after a S$635k (25%) downpayment and S$96,500 Buyer's Stamp Duty.

Is Kovan Apartments a good investment?

Gross rental yield is about 2.1%; median PSF has risen about 69% since 2017. 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 Apartments going up?

The median transacted PSF at Kovan Apartments has risen about 69% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Kovan Apartments freehold or leasehold?

Kovan Apartments is freehold — ownership does not expire.

When was Kovan Apartments built and who developed it?

Kovan Apartments obtained TOP in 1994, with 16 units across 1 block.

How many units are for sale at Kovan Apartments?

There are 8 units for sale at Kovan Apartments, from S$1.77M to S$5.10M.

What is the nearest MRT to Kovan Apartments?

The nearest MRT/LRT station to Kovan Apartments is Kovan MRT, about 690 m away (~11 min walk).

Are there schools near Kovan Apartments?

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

Chat on WhatsApp