FreeholdOCRDistrict 19 (Hougang)

Kovan Esquire

Reviewed by Nathan TangUpdated 24 September 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).

Key facts about Kovan Esquire
TenureFreehold
TOP year1998
Units23 in 1 block
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 486 m (~8 min walk)
Latest median psfS$1,075 psf, last 12 URA caveats to Aug 2025
1

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

Key Takeaway

Kovan Esquire has 0 units listed for sale, and 2 units for rent at a median of S$4,800 a month.

For sale

0 listings

no asking prices

For rent

2 listings

S$4,800 – S$5,000 a month

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

2

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

Key Takeaway

Floor plans for Kovan Esquire aren't in PropKaki's library yet. Across 51 URA caveats, units range from 980 sqft to 1,227 sqft, and the middle half are 1,012 sqft to 1,087 sqft.

3

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.

4

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.

5

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.

6

Is Kovan Esquire a good investment?

Key Takeaway

Of 29 units at Kovan Esquire that were bought and later resold (bought from 1997, resold up to 2025), 79% sold for more than they were bought for, with a median gain of 43% over a median 8.2-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

79%

of 29 resales here

Median gain

43%

gross, before costs

Median hold

8.2 years

bought to resold

Every unit at Kovan Esquire with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

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.

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

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
10

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

Read how to tell if a condo is profitable →

11

How many property agents are active around Kovan Esquire?

Key Takeaway

11,112 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

11,112

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 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…
12

Frequently asked questions about Kovan Esquire

Is Kovan Esquire freehold?

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

How old is Kovan Esquire?

Kovan Esquire was completed (obtained TOP) in 1998, so it is about 28 years old.

Is Kovan Esquire a good investment?

Of 29 units at Kovan Esquire that were bought and later resold (bought from 1997, resold up to 2025), 79% sold for more than they were bought for, with a median gain of 43% over a median 8.2-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 Esquire an EC?

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

What is the price of a condo at Kovan Esquire?

Units at Kovan Esquire have recently sold for around S$1.09M (S$1,075 psf), the median of the last 12 URA caveats to Aug 2025. The price depends on size, floor and facing.

Where is Kovan Esquire located?

Kovan Esquire is at 47 Kovan Road, Singapore 548132, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 486 m away.

How many units are there in Kovan Esquire?

Kovan Esquire has 23 units in 1 block.

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.

Are prices at Kovan Esquire going up?

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