Kovan Apartments
Kovan Apartments is a freehold apartment in District 19 (Hougang) that obtained TOP in 1994, with 16 units across 1 block. Across 23 transactions on record, units have recently transacted around S$1.11M (S$799 psf, ~1,485 sqft). There are 8 units for sale from S$1.77M to S$5.10M.
| Tenure | Freehold |
|---|---|
| TOP year | 1994 |
| Units | 16 in 1 block |
| District and area | District 19 · Hougang · OCR |
| Nearest MRT | Kovan MRT, 690 m (~11 min walk) |
| Latest median psf | S$799 psf, last 12 URA caveats to Aug 2023 |
What's for sale and for rent at Kovan Apartments?
Kovan Apartments has 8 units listed for sale, asking S$1.77M to S$5.10M, and 3 units for rent at a median of S$4,600 a month.
For sale
8 listings
S$1.77M – S$5.10M
For rent
3 listings
S$4,600 – S$7,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 1 | S$2.88M–S$2.88M | — |
| 2-bedroom | 1 | S$1.77M–S$1.77M | — |
| 3-bedroom | 4 | S$2.65M–S$2.70M | — |
| 5-bedroom | 2 | S$3.89M–S$5.10M | — |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Kovan Apartments?
Floor plans for Kovan Apartments aren't in PropKaki's library yet. Across 23 URA caveats, units range from 1,389 sqft to 1,485 sqft, and the middle half are 1,389 sqft to 1,485 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 1,442 sqft | S$2.88M |
| 2-bedroom | 883 sqft | S$1.77M |
| 3-bedroom | 1,259 sqft | S$2.65M |
| 5-bedroom | 1,776 sqft to 4,674 sqft | S$3.89M |
Check the Floor Plan Finder for Kovan Apartments →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Kovan Apartments?
Units have recently transacted around S$1.11M (S$799 psf), at a gross rental yield of about 2.2% (URA caveat data).
Recent median price
S$1.11M
recent · 23 sales on record
Median PSF
S$799 psf
recent transactions
Median rent (monthly)
S$2,000
6 rentals on record
Gross rental yield
2.2%
indicative, gross
Source: URA caveat data, through Aug 2023.
What has recently sold at Kovan Apartments?
Kovan Apartments has 23 recorded sales; the most recent transacted at S$1,500,000 in Aug 2023 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2023 | S$1,500,000 | 1,485 | S$1,010 psf |
| Jun 2023 | S$900,000 | 1,389 | S$648 psf |
| Apr 2023 | S$1,770,000 | 1,485 | S$1,192 psf |
| Oct 2020 | S$1,360,000 | 1,389 | S$979 psf |
| Jan 2020 | S$1,425,000 | 1,485 | S$959 psf |
| Jul 2016 | S$1,210,000 | 1,485 | S$815 psf |
| Jun 2015 | S$1,110,000 | 1,389 | S$799 psf |
| Aug 2011 | S$1,250,000 | 1,485 | S$842 psf |
| Dec 2010 | S$1,105,000 | 1,485 | S$744 psf |
| Jul 2010 | S$1,028,000 | 1,485 | S$692 psf |
| Dec 2009 | S$900,000 | 1,485 | S$606 psf |
| Jul 2009 | S$820,000 | 1,389 | S$591 psf |
23 sales and 6 rentals on record since Sept 1995. Source: URA.
Are prices at Kovan Apartments rising?
The median transacted PSF at Kovan Apartments has risen 95% over the past 23 years (2000–2023), from S$518 psf to S$1,010 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2023 | S$1,010 psf | S$1.50M | 3 | +5.3% |
| 2020 | S$959 psf | S$1.36M | 2 | +38.6% |
| 2010 | S$692 psf | S$1.03M | 2 | +17.1% |
| 2009 | S$591 psf | S$820k | 2 | +32.5% |
| 2002 | S$446 psf | S$655k | 2 | -13.9% |
| 2000 | S$518 psf | S$770k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Kovan Apartments a good investment?
Of 11 units at Kovan Apartments that were bought and later resold (bought from 1995, resold up to 2023), 64% sold for more than they were bought for, with a median gain of 22% over a median 7.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
64%
of 11 resales here
Median gain
22%
gross, before costs
Median hold
7.1 years
bought to resold
Every unit at Kovan Apartments with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Kovan Apartments and what's nearby?
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.
How far is Kovan Apartments from MRT and schools?
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
- Kovan MRT690 m · ~11 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Kovan Apartments and how big is the development?
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
What facilities does Kovan Apartments have?
Kovan Apartments has 2 facilities, including Open car park, 24 hours security.
What does it cost to own a unit at Kovan Apartments?
Buying a unit at Kovan Apartments (~S$1.11M) needs about S$8,126/mo in income and S$3,738/mo in repayments, after S$29,000 stamp duty and a S$278k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.11M) 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$29,000
BSD, tiered
Downpayment (25%)
S$278k
cash + CPF
Monthly instalment
S$3,738/mo
30y @ 3.5%
Income required
S$8,126/mo
TDSR @ stress rate
How many property agents are active around Kovan Apartments?
11,112 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
11,112
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.
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.
PropKakiRecent units at Kovan Apartments sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Kovan Apartments
Is Kovan Apartments freehold?⌄
Yes. Kovan Apartments is freehold, so ownership does not run out.
How old is Kovan Apartments?⌄
Kovan Apartments was completed (obtained TOP) in 1994, so it is about 32 years old.
Is Kovan Apartments a good investment?⌄
Of 11 units at Kovan Apartments that were bought and later resold (bought from 1995, resold up to 2023), 64% sold for more than they were bought for, with a median gain of 22% over a median 7.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.
Is Kovan Apartments an EC?⌄
No. Kovan Apartments is a private apartment development, not an executive condominium (EC).
What is the price of a condo at Kovan Apartments?⌄
Units at Kovan Apartments have recently sold for around S$1.11M (S$799 psf), the median of the last 12 URA caveats to Aug 2023. The price depends on size, floor and facing. 8 units are listed for sale from S$1.77M to S$5.10M.
Where is Kovan Apartments located?⌄
Kovan Apartments is at 32 Kovan Road, Singapore 548102, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 690 m away.
How many units are there in Kovan Apartments?⌄
Kovan Apartments has 16 units in 1 block.
How much do I need to earn to buy at Kovan Apartments?⌄
For a unit around S$1.11M as a first home, you'd need roughly S$8,126/mo in income (assessed at the stress-test rate), with repayments near S$3,738/mo after a S$278k (25%) downpayment and S$29,000 Buyer's Stamp Duty.
Are prices at Kovan Apartments going up?⌄
The median price per square foot at Kovan Apartments has risen about 95% between 2000 and 2023, based on URA caveats. The year-by-year figures are in the price-trend table above.