FreeholdOCRDistrict 19 (Serangoon)

Kovan Centre

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 2009 (URA)
Quick Summary

Kovan Centre is a freehold apartment in District 19 (Serangoon) that obtained TOP in 1992. Across 23 transactions on record, units have recently transacted around S$1.28M (S$820 psf, ~1,561 sqft). There are 8 units for sale from S$750k to S$1.70M.

Key facts about Kovan Centre
TenureFreehold
TOP year1992
District and areaDistrict 19 · Serangoon · OCR
Nearest MRTSerangoon MRT, 634 m (~10 min walk)
Latest median psfS$820 psf, last 12 URA caveats to Nov 2009
1

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

Key Takeaway

Kovan Centre has 8 units listed for sale, asking S$750k to S$1.70M (median S$1,539 psf), and 11 units for rent at a median of S$4,000 a month.

For sale

8 listings

S$750k – S$1.70M

For rent

11 listings

S$1,100 – S$4,700 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom3S$750k–S$770kS$1,786 psf
2-bedroom5S$928k–S$1.70MS$1,476 psf

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

2

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

Key Takeaway

Floor plans for Kovan Centre aren't in PropKaki's library yet. Across 23 URA caveats, units range from 1,475 sqft to 1,787 sqft, and the middle half are 1,475 sqft to 1,668 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom420 sqft to 431 sqftS$750k · S$1,786 psf
2-bedroom603 sqft to 1,152 sqftS$928k · S$1,476 psf

Check the Floor Plan Finder for Kovan Centre →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Kovan Centre?

Key Takeaway

Units have recently transacted around S$1.28M (S$820 psf), at a gross rental yield of about 1.4% (URA caveat data).

Recent median price

S$1.28M

recent · 23 sales on record

Median PSF

S$820 psf

recent transactions

Median rent (monthly)

S$1,500

35 rentals on record

Gross rental yield

1.4%

indicative, gross

Units currently for sale are asking a median of S$1,539 psf — about 88% above the most recent transacted PSF.

Source: URA caveat data, through Nov 2009.

4

What has recently sold at Kovan Centre?

Key Takeaway

Kovan Centre has 23 recorded sales; the most recent transacted at S$1,280,600 in Nov 2009 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2009S$1,280,6001,561S$820 psf
Nov 2009S$1,245,5291,475S$845 psf
Nov 2009S$1,284,9001,572S$818 psf
Nov 2009S$1,376,8001,776S$775 psf
Nov 2009S$1,245,6001,475S$845 psf
Nov 2009S$1,245,5291,475S$845 psf
Nov 2009S$1,337,4001,701S$786 psf
Nov 2009S$1,245,5001,475S$845 psf
Nov 2009S$1,280,6001,550S$826 psf
Nov 2009S$1,325,0001,668S$794 psf
Nov 2009S$1,280,6001,561S$820 psf
Nov 2009S$1,333,1001,690S$789 psf

23 sales and 35 rentals on record since Aug 1996. Source: URA.

5

Is Kovan Centre a good investment?

Key Takeaway

Kovan Centre has only 9 resales on record, too few to judge on its own. Across District 19, 90% of 30,979 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 29% over a median 7.0-year hold (URA caveats, before costs). Its gross rental yield is about 1.4%. Units listed now ask about 88% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 19 sold for more

90%

of 30,979 private resales

Median gain

29%

gross, before costs

Median hold

7.0 years

bought to resold

Kovan Centre has fewer than 10 matched resales, so the figures are for District 19 as a whole. Check the odds for your unit size and holding period →

6

Where is Kovan Centre and what's nearby?

Key Takeaway

Kovan Centre is located in Serangoon, in the North-East Region of Singapore.

Kovan Centre is a freehold apartment completed in 1992. It sits on a land area of 3,767 sqm and has a gross floor area of 11,300 sqm. The plot ratio is 3.0.

KOVAN CENTRE is located at 9 Yio Chu Kang Road, Singapore 545523. It is part of District 19, Serangoon Garden / Hougang / Punggol, Serangoon. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Serangoon MRT, approximately 634m away, around 10 minutes on foot. Nearby amenities include NEX for shopping, THONG CHEW FOOD INDUSTRIES PTE LTD for groceries, and Boundary Road Park for greenery and recreation. Facilities in the development include Basement car park, Eateries, Main entrance, and 24 hours security.

7

How far is Kovan Centre from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Kovan Centre is Serangoon MRT, about 634 m away (~10 min walk). 3 schools are within 1 km.

Getting around

Schools nearby

  • St. Gabriel's Secondary SchoolSecondary schoolwithin 1 km904 m
  • Peicai Secondary SchoolSecondary schoolwithin 1 km941 m
  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km1000 m
  • Zhonghua Primary SchoolPrimary school1.0 km
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.1 km
  • Zhonghua Secondary SchoolSecondary school1.1 km
  • Yangzheng Primary SchoolPrimary school1.1 km
  • Nanyang Junior CollegeJunior college1.2 km

Shops, food & parks

Mall: Nex · 663 mSupermarket: Thong Chew Food Industries Pte Ltd · 260 mPark: Boundary Road Park · 242 m

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

8

Who built Kovan Centre and how big is the development?

Key Takeaway

Kovan Centre was developed by .

Land area
3,767 sqm (40,548 sqft)
Gross floor area
11,300 sqm (121,632 sqft)
Plot ratio
3.00
9

What facilities does Kovan Centre have?

Key Takeaway

Kovan Centre has 4 facilities, including Basement car park, Eateries, Main entrance, 24 hours security.

Basement car parkEateriesMain entrance24 hours security
10

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

Key Takeaway

Buying a unit at Kovan Centre (~S$1.28M) needs about S$9,374/mo in income and S$4,313/mo in repayments, after S$35,824 stamp duty and a S$320k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.28M) 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$35,824

BSD, tiered

Downpayment (25%)

S$320k

cash + CPF

Monthly instalment

S$4,313/mo

30y @ 3.5%

Income required

S$9,374/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Kovan Centre?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Kovan Centre

Is Kovan Centre freehold?

Yes. Kovan Centre is freehold, so ownership does not run out.

How old is Kovan Centre?

Kovan Centre was completed (obtained TOP) in 1992, so it is about 34 years old.

Is Kovan Centre a good investment?

Kovan Centre has only 9 resales on record, too few to judge on its own. Across District 19, 90% of 30,979 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 29% over a median 7.0-year hold (URA caveats, before costs). Its gross rental yield is about 1.4%. Units listed now ask about 88% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Kovan Centre an EC?

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

What is the price of a condo at Kovan Centre?

Units at Kovan Centre have recently sold for around S$1.28M (S$820 psf), the median of the last 12 URA caveats to Nov 2009. The price depends on size, floor and facing. 8 units are listed for sale from S$750k to S$1.70M.

Where is Kovan Centre located?

Kovan Centre is at 9 Yio Chu Kang Road, Singapore 545523, in Serangoon (District 19). The nearest MRT station is Serangoon MRT, about 634 m away.

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

For a unit around S$1.28M as a first home, you'd need roughly S$9,374/mo in income (assessed at the stress-test rate), with repayments near S$4,313/mo after a S$320k (25%) downpayment and S$35,824 Buyer's Stamp Duty.