PropKaki
FreeholdOCRDistrict 19 (Hougang)

Kovan Apartments

Reviewed by Nathan TangUpdated 20 June 2026Data through Apr 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. Units have recently transacted around S$2.48M (S$1,888 psf), from 921 sales on record.

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$1,888 psf
Last transacted
Apr 2026
Remaining lease
Freehold
2

What is the price and PSF at Kovan Apartments?

Key Takeaway

Units have recently transacted around S$2.48M (S$1,888 psf), at a gross rental yield of about 2.1% (URA caveat data).

Recent median price

S$2.48M

recent · 921 sales on record

Median PSF

S$1,888 psf

recent transactions

Median rent (monthly)

S$4,396

1,350 rentals on record

Gross rental yield

2.1%

indicative, gross

Source: URA caveat data, through Apr 2026.

3

What has recently sold at Kovan Apartments?

Key Takeaway

Kovan Apartments has 921 recorded sales; the most recent transacted at S$2,545,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)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
Sept 2025S$1,735,000947S$1,832 psf
Aug 2025S$2,428,0001,259S$1,928 psf
Aug 2025S$2,480,0001,259S$1,969 psf

921 sales and 1,350 rentals on record since Sept 1995. Source: URA.

4

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.

5

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.

6

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
7

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

Key Takeaway

Buying a unit at Kovan Apartments (~S$2.48M) needs about S$18,154/mo in income and S$8,352/mo in repayments, after S$93,600 stamp duty and a S$620k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.48M) 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$93,600

BSD, tiered

Downpayment (25%)

S$620k

cash + CPF

Monthly instalment

S$8,352/mo

30y @ 3.5%

Income required

S$18,154/mo

TDSR @ stress rate

8

Frequently asked questions about Kovan Apartments

What is the price at Kovan Apartments?

Units at Kovan Apartments have recently transacted around S$2.48M (S$1,888 psf), from 921 sales on record (URA caveat data).

Is Kovan Apartments freehold or leasehold?

Kovan Apartments is freehold.

When was Kovan Apartments built?

Kovan Apartments obtained TOP in 1994.

What is the rental yield at Kovan Apartments?

Gross rental yield at Kovan Apartments is about 2.1%, based on median current rents and prices.

How many units are in Kovan Apartments?

Kovan Apartments has 16 units across 1 block.

What facilities does Kovan Apartments have?

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

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).

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