Kovan Jewel
Kovan Jewel is a freehold apartment in District 19 (Hougang) that obtained TOP in 2024, with 34 units across 1 block. Across 19 transactions on record, units have recently transacted around S$2.40M (S$2,146 psf, ~1,141 sqft). There are 74 units for sale from S$1.38M to S$4.25M.
What are the key facts about Kovan Jewel?
Kovan Jewel is a freehold apartment in District 19 (Hougang) that obtained TOP in 2024, with 34 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2024
- Developer
- SOON LIAN REALTY PTE LTD
- Total units
- 34
- Blocks
- 1
- District / Area
- District 19 (Hougang)
- Market segment
- OCR
- Median PSF
- S$2,146 psf
- Last transacted
- Sept 2025
- Remaining lease
- Freehold
What is the price and PSF at Kovan Jewel?
Units have recently transacted around S$2.40M (S$2,146 psf), at a gross rental yield of about 1.9% (URA caveat data).
Recent median price
S$2.40M
recent · 19 sales on record
Median PSF
S$2,146 psf
recent transactions
Median rent (monthly)
S$3,707
14 rentals on record
Gross rental yield
1.9%
indicative, gross
Units currently for sale are asking a median of S$2,227 psf — about 4% above the most recent transacted PSF.
Source: URA caveat data, through Sept 2025.
What has recently sold at Kovan Jewel?
Kovan Jewel has 19 recorded sales; the most recent transacted at S$1,425,000 in Sept 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Sept 2025 | S$1,425,000 | 624 | S$2,283 psf |
| Feb 2025 | S$2,448,800 | 1,141 | S$2,146 psf |
| Feb 2025 | S$2,406,800 | 1,076 | S$2,236 psf |
| Dec 2024 | S$2,511,900 | 1,141 | S$2,202 psf |
| Nov 2024 | S$2,346,900 | 1,141 | S$2,057 psf |
| Nov 2024 | S$2,450,500 | 1,141 | S$2,148 psf |
| Aug 2024 | S$2,398,000 | 1,076 | S$2,228 psf |
| Aug 2024 | S$1,548,000 | 721 | S$2,146 psf |
| Aug 2024 | S$2,445,500 | 1,141 | S$2,143 psf |
| Jul 2024 | S$2,357,700 | 1,076 | S$2,190 psf |
| May 2024 | S$2,386,850 | 1,141 | S$2,092 psf |
| May 2024 | S$4,206,000 | 2,153 | S$1,954 psf |
19 sales and 14 rentals on record since Nov 2022. Source: URA.
Are prices at Kovan Jewel rising?
The median transacted PSF at Kovan Jewel has risen 6% over the past 3 years (2022–2025), from S$2,119 psf to S$2,236 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$2,236 psf | S$2.41M | 3 | +4.2% |
| 2024 | S$2,146 psf | S$2.40M | 9 | +0.9% |
| 2023 | S$2,126 psf | S$2.34M | 3 | +0.3% |
| 2022 | S$2,119 psf | S$1.53M | 4 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Kovan Jewel?
11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Kovan Jewel 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.
What bedroom types are available at Kovan Jewel?
Kovan Jewel has 74 units listed for sale, spanning 1–5-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 21 | S$1.38M–S$4.09M | S$2,293 psf |
| 2-bedroom | 23 | S$1.38M–S$1.63M | S$2,265 psf |
| 3-bedroom | 8 | S$2.40M–S$2.72M | S$2,195 psf |
| 4-bedroom | 20 | S$2.72M–S$4.25M | S$2,053 psf |
| 5-bedroom | 2 | S$4.08M–S$4.08M | — |
Where is Kovan Jewel and what's nearby?
Kovan Jewel is located in Hougang, in the North-East Region of Singapore.
Kovan Jewel is a freehold apartment completed in 2024. It was developed by SOON LIAN REALTY PTE LTD. The development has 34 residential units. It sits on a land area of 2,517 sqm and has a gross floor area of 3,524 sqm. The plot ratio is 1.4.
KOVAN JEWEL is located at 51 Kovan Road, Singapore 548534. 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 517m 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. Facilities in the development include Barbeque Area, Car Park, Children's Pool, Gymnasium room, Lap pool, and Multi-purpose hall.
Who built Kovan Jewel and how big is the development?
Kovan Jewel was developed by SOON LIAN REALTY PTE LTD, with 34 units over up to 5 storeys.
- Developer
- SOON LIAN REALTY PTE LTD
- Floors
- 5 storeys
- Blocks
- 1
- Land area
- 2,517 sqm (27,093 sqft)
- Gross floor area
- 3,524 sqm (37,932 sqft)
- Plot ratio
- 1.40
How far is Kovan Jewel from MRT and schools?
The nearest MRT/LRT to Kovan Jewel is Kovan MRT, about 517 m away (~8 min walk). 1 school is within 1 km.
Getting around
- Kovan MRT517 m · ~8 min
Schools nearby
- Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km882 m
- Yuying Secondary SchoolSecondary school1.0 km
- Paya Lebar Methodist Girls' School (Primary)Primary school1.0 km
- Anderson Serangoon Junior CollegeJunior college1.0 km
- Xinghua Primary SchoolPrimary school1.0 km
- Peicai Secondary SchoolSecondary school1.2 km
- Zhonghua Primary SchoolPrimary school1.3 km
- St. Gabriel's Secondary SchoolSecondary school1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Kovan Jewel have?
Kovan Jewel has 9 facilities, including Barbeque Area, Car Park, Children's Pool, Gymnasium room, and more.
What does it cost to own a unit at Kovan Jewel?
Buying a unit at Kovan Jewel (~S$2.40M) needs about S$17,554/mo in income and S$8,076/mo in repayments, after S$89,500 stamp duty and a S$600k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.40M) 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$89,500
BSD, tiered
Downpayment (25%)
S$600k
cash + CPF
Monthly instalment
S$8,076/mo
30y @ 3.5%
Income required
S$17,554/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 →
Thinking about Kovan Jewel? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Kovan Jewel's own transactions.
PropKakiRecent units at Kovan Jewel sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Kovan Jewel
How much does a unit at Kovan Jewel cost?⌄
Units at Kovan Jewel have recently transacted around S$2.40M (S$2,146 psf), from 19 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 Jewel?⌄
For a unit around S$2.40M as a first home, you'd need roughly S$17,554/mo in income (assessed at the stress-test rate), with repayments near S$8,076/mo after a S$600k (25%) downpayment and S$89,500 Buyer's Stamp Duty.
Is Kovan Jewel a good investment?⌄
Gross rental yield is about 1.9%, and current asking prices sit about 4% above the most recent transacted PSF; median PSF has risen about 6% since 2022. 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 Jewel going up?⌄
The median transacted PSF at Kovan Jewel has risen about 6% between 2022 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Kovan Jewel freehold or leasehold?⌄
Kovan Jewel is freehold — ownership does not expire.
When was Kovan Jewel built and who developed it?⌄
Kovan Jewel obtained TOP in 2024, developed by SOON LIAN REALTY PTE LTD, with 34 units across 1 block.
How many units are for sale at Kovan Jewel?⌄
There are 74 units for sale at Kovan Jewel, from S$1.38M to S$4.25M.
What is the nearest MRT to Kovan Jewel?⌄
The nearest MRT/LRT station to Kovan Jewel is Kovan MRT, about 517 m away (~8 min walk).
Are there schools near Kovan Jewel?⌄
1 school is within 1 km of Kovan Jewel, including Paya Lebar Methodist Girls' School (Secondary).