PropKaki
FreeholdOCRDistrict 19 (Hougang)

Kovan Jewel

Reviewed by Nathan TangUpdated 20 June 2026Data through Sept 2025 (URA)
Quick Summary

Kovan Jewel is a freehold apartment in District 19 (Hougang) that obtained TOP in 2024, with 34 units across 1 block. Units have recently transacted around S$2.40M (S$2,146 psf), from 19 sales on record. There are 80 units for sale from S$1.37M to S$4.25M.

1

What are the key facts about Kovan Jewel?

Key Takeaway

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
2

What is the price and PSF at Kovan Jewel?

Key Takeaway

Units have recently transacted around S$2.40M (S$2,146 psf), at a gross rental yield of about 2.2% (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$4,417

6 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,212 psf — about 3% above the most recent transacted PSF.

Source: URA caveat data, through Sept 2025.

3

What has recently sold at Kovan Jewel?

Key Takeaway

Kovan Jewel has 19 recorded sales; the most recent transacted at S$1,425,000 in Sept 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2025S$1,425,000624S$2,283 psf
Feb 2025S$2,448,8001,141S$2,146 psf
Feb 2025S$2,406,8001,076S$2,236 psf
Dec 2024S$2,511,9001,141S$2,202 psf
Nov 2024S$2,346,9001,141S$2,057 psf
Nov 2024S$2,450,5001,141S$2,148 psf
Aug 2024S$2,398,0001,076S$2,228 psf
Aug 2024S$1,548,000721S$2,146 psf
Aug 2024S$2,445,5001,141S$2,143 psf
Jul 2024S$2,357,7001,076S$2,190 psf
May 2024S$2,386,8501,141S$2,092 psf
May 2024S$4,206,0002,153S$1,954 psf

19 sales and 6 rentals on record since Nov 2022. Source: URA.

4

What bedroom types are available at Kovan Jewel?

Key Takeaway

Kovan Jewel has 80 units listed for sale, spanning 1–5-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom26S$1.37M–S$4.09MS$2,216 psf
2-bedroom17S$1.38M–S$1.63MS$2,216 psf
3-bedroom11S$2.40M–S$2.72MS$2,195 psf
4-bedroom21S$2.72M–S$4.25MS$2,054 psf
5-bedroom5S$4.08M–S$4.09MS$2,049 psf
5

Where is Kovan Jewel and what's nearby?

Key Takeaway

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.

6

How far is Kovan Jewel from MRT and schools?

Key Takeaway

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

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

Mall: Heartland Mall Kovan · 495 mSupermarket: NTUC Fairprice Co-operative Ltd · 332 mHawker centre: Kovan Market & Food Centre · 572 mPark: Richards Ave Pk · 368 m

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

7

What facilities does Kovan Jewel have?

Key Takeaway

Kovan Jewel has 9 facilities, including Barbeque Area, Car Park, Children's Pool, Gymnasium room, and more.

Barbeque AreaCar ParkChildren's PoolGymnasium roomLap poolMulti-purpose hallPavillion24 hours securitySwimming pool
8

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

Key Takeaway

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

9

Frequently asked questions about Kovan Jewel

What is the price at Kovan Jewel?

Units at Kovan Jewel have recently transacted around S$2.40M (S$2,146 psf), from 19 sales on record (URA caveat data).

What is the PSF at Kovan Jewel?

Units for sale at Kovan Jewel are asking a median of about S$2,212 psf.

Is Kovan Jewel freehold or leasehold?

Kovan Jewel is freehold.

When was Kovan Jewel built?

Kovan Jewel obtained TOP in 2024, developed by SOON LIAN REALTY PTE LTD.

How many units are for sale at Kovan Jewel?

There are 80 units for sale at Kovan Jewel, from S$1.37M to S$4.25M.

What is the rental yield at Kovan Jewel?

Gross rental yield at Kovan Jewel is about 2.2%, based on median current rents and prices.

How many units are in Kovan Jewel?

Kovan Jewel has 34 units across 1 block.

What facilities does Kovan Jewel have?

Kovan Jewel has 9 facilities, including Barbeque Area, Car Park, Children's Pool, Gymnasium room, Lap pool, Multi-purpose hall, and more.

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).

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