FreeholdOCRDistrict 19 (Hougang)

Kovan Esquire

Reviewed by Nathan TangUpdated 10 August 2026Data through Aug 2025 (URA)
Quick Summary

Kovan Esquire is a freehold apartment in District 19 (Hougang) that obtained TOP in 1998, with 23 units across 1 block. Across 51 transactions on record, units have recently transacted around S$1.09M (S$1,075 psf, ~1,012 sqft).

1

What are the key facts about Kovan Esquire?

Key Takeaway

Kovan Esquire is a freehold apartment in District 19 (Hougang) that obtained TOP in 1998, with 23 units across 1 block.

Tenure
Freehold
TOP / Completion
1998
Developer
Total units
23
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,075 psf
Last transacted
Aug 2025
Remaining lease
Freehold
2

What is the price and PSF at Kovan Esquire?

Key Takeaway

Units have recently transacted around S$1.09M (S$1,075 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.09M

recent · 51 sales on record

Median PSF

S$1,075 psf

recent transactions

Median rent (monthly)

S$2,018

146 rentals on record

Gross rental yield

2.2%

indicative, gross

Source: URA caveat data, through Aug 2025.

3

What has recently sold at Kovan Esquire?

Key Takeaway

Kovan Esquire has 51 recorded sales; the most recent transacted at S$1,560,000 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2025S$1,560,0001,001S$1,558 psf
Dec 2023S$1,400,0001,076S$1,301 psf
Dec 2020S$1,190,0001,087S$1,095 psf
Dec 2020S$1,170,0001,087S$1,076 psf
Nov 2020S$1,100,0001,012S$1,087 psf
Oct 2020S$1,090,0001,001S$1,089 psf
Sept 2015S$1,020,0001,076S$948 psf
Nov 2014S$968,0001,001S$967 psf
Mar 2013S$1,088,0001,012S$1,075 psf
Dec 2012S$1,000,0001,012S$988 psf
Jun 2012S$950,0001,001S$949 psf
Mar 2012S$950,0001,087S$874 psf

51 sales and 146 rentals on record since Sept 1997. Source: URA.

4

Are prices at Kovan Esquire rising?

Key Takeaway

The median transacted PSF at Kovan Esquire has risen 119% over the past 23 years (19972020), from S$497 psf to S$1,087 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$1,087 psfS$1.10M4+14.5%
2012S$949 psfS$950k3+5.3%
2011S$901 psfS$980k2+50.4%
2009S$599 psfS$645k5+12.6%
2007S$532 psfS$578k2+33.7%
2006S$398 psfS$433k2-6.4%
2005S$425 psfS$430k4-11.6%
1999S$481 psfS$520k2-12.2%
1998S$548 psfS$590k8+10.3%
1997S$497 psfS$540k12

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 Esquire?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Kovan Esquire 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 Esquire and what's nearby?

Key Takeaway

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

Kovan Esquire is a freehold apartment completed in 1998. The development has 23 residential units. It sits on a land area of 1,846 sqm and has a gross floor area of 2,576 sqm. The plot ratio is 1.4.

KOVAN ESQUIRE is located at 47 Kovan Road, Singapore 548132. 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 486m away, around 8 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, NTUC Fairprice Co-operative Ltd for groceries, Kovan Market & Food Centre for food options, and Richards Ave Pk for greenery and recreation.

7

Who built Kovan Esquire and how big is the development?

Key Takeaway

Kovan Esquire was developed by , with 23 units.

Blocks
1
Land area
1,846 sqm (19,870 sqft)
Gross floor area
2,576 sqm (27,728 sqft)
Plot ratio
1.40
8

How far is Kovan Esquire from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Kovan Esquire is Kovan MRT, about 486 m away (~8 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km912 m
  • Anderson Serangoon Junior CollegeJunior college1.0 km
  • Yuying Secondary SchoolSecondary school1.0 km
  • Xinghua Primary SchoolPrimary school1.0 km
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.1 km
  • Peicai Secondary SchoolSecondary school1.3 km
  • Zhonghua Primary SchoolPrimary school1.3 km
  • Bowen Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Heartland Mall Kovan · 469 mSupermarket: NTUC Fairprice Co-operative Ltd · 325 mHawker centre: Kovan Market & Food Centre · 551 mPark: Richards Ave Pk · 325 m

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

9

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

Key Takeaway

Buying a unit at Kovan Esquire (~S$1.09M) needs about S$7,964/mo in income and S$3,664/mo in repayments, after S$28,120 stamp duty and a S$272k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.09M) 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$28,120

BSD, tiered

Downpayment (25%)

S$272k

cash + CPF

Monthly instalment

S$3,664/mo

30y @ 3.5%

Income required

S$7,964/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 Esquire? Ask before you commit.

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

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

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

Ask anything about Singapore property…
10

Frequently asked questions about Kovan Esquire

How much does a unit at Kovan Esquire cost?

Units at Kovan Esquire have recently transacted around S$1.09M (S$1,075 psf), from 51 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 Esquire?

For a unit around S$1.09M as a first home, you'd need roughly S$7,964/mo in income (assessed at the stress-test rate), with repayments near S$3,664/mo after a S$272k (25%) downpayment and S$28,120 Buyer's Stamp Duty.

Is Kovan Esquire a good investment?

Gross rental yield is about 2.2%; median PSF has risen about 119% since 1997. 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 Esquire going up?

The median transacted PSF at Kovan Esquire has risen about 119% between 1997 and 2020, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Kovan Esquire freehold or leasehold?

Kovan Esquire is freehold — ownership does not expire.

When was Kovan Esquire built and who developed it?

Kovan Esquire obtained TOP in 1998, with 23 units across 1 block.

What is the nearest MRT to Kovan Esquire?

The nearest MRT/LRT station to Kovan Esquire is Kovan MRT, about 486 m away (~8 min walk).

Are there schools near Kovan Esquire?

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

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