99-yearOCRDistrict 19 (Hougang)

Kovan Melody

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

Kovan Melody is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2006, with 778 units across 13 blocks. Across 1,430 transactions on record, units have recently transacted around S$2.20M (S$1,836 psf, ~1,227 sqft). There are 28 units for sale from S$1.59M to S$3.18M. The lease has approximately 77 years remaining.

Key facts about Kovan Melody
Tenure99-year leasehold from 2004 (≈77 years left)
TOP year2006
DeveloperWINHOME INVESTMENT PTE LTD
Units778 in 13 blocks
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 160 m (~3 min walk)
Latest median psfS$1,836 psf, last 12 URA caveats to Aug 2026
1

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

Key Takeaway

Kovan Melody has 28 units listed for sale, asking S$1.59M to S$3.18M (median S$1,915 psf), and 27 units for rent at a median of S$1,600 a month.

For sale

28 listings

S$1.59M – S$3.18M

For rent

27 listings

S$800 – S$6,400 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom4S$1.59M–S$1.70MS$1,781 psf
3-bedroom22S$2.35M–S$2.62MS$1,956 psf
4-bedroom2S$3.18M–S$3.18MS$1,883 psf

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

2

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

Key Takeaway

Floor plans for Kovan Melody aren't in PropKaki's library yet. Across 1,000 URA caveats, units range from 872 sqft to 1,894 sqft, and the middle half are 1,216 sqft to 1,302 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom893 sqft to 904 sqftS$1.59M · S$1,781 psf
3-bedroom1,216 sqft to 1,604 sqftS$2.35M · S$1,956 psf
4-bedroom1,689 sqftS$3.18M · S$1,883 psf

Check the Floor Plan Finder for Kovan Melody →

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

3

What is the price and PSF at Kovan Melody?

Key Takeaway

Units have recently transacted around S$2.20M (S$1,836 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$2.20M

recent · 1,430 sales on record

Median PSF

S$1,836 psf

recent transactions

Median rent (monthly)

S$3,653

2,181 rentals on record

Gross rental yield

2.0%

indicative, gross

Units currently for sale are asking a median of S$1,915 psf — about 4% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Kovan Melody?

Key Takeaway

Kovan Melody has 1430 recorded sales; the most recent transacted at S$1,660,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,660,000904S$1,836 psf
Aug 2026S$1,528,680872S$1,753 psf
Jul 2026S$2,850,0001,410S$2,021 psf
Jul 2026S$2,320,0001,227S$1,891 psf
Jun 2026S$2,380,0001,292S$1,843 psf
Jun 2026S$2,200,0001,227S$1,793 psf
Jun 2026S$2,680,0001,410S$1,901 psf
May 2026S$2,360,0001,216S$1,940 psf
May 2026S$2,200,0001,227S$1,793 psf
May 2026S$1,528,000904S$1,690 psf
Apr 2026S$2,398,0001,227S$1,954 psf
Apr 2026S$1,680,0001,055S$1,593 psf

1,430 sales and 2,181 rentals on record since Aug 2004. Source: URA.

5

Are prices at Kovan Melody rising?

Key Takeaway

The median transacted PSF at Kovan Melody has risen 74% over the past 9 years (20172026), from S$1,057 psf to S$1,836 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,836 psfS$2.32M15+4.8%
2025S$1,752 psfS$2.19M24+4.9%
2024S$1,670 psfS$2.07M18+15.3%
2023S$1,449 psfS$1.81M18+8.8%
2022S$1,332 psfS$1.65M31+9.4%
2021S$1,217 psfS$1.40M34+6.8%
2020S$1,140 psfS$1.47M24+1.2%
2019S$1,126 psfS$1.43M26-0.4%
2018S$1,130 psfS$1.38M40+6.9%
2017S$1,057 psfS$1.28M44

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Kovan Melody a good investment?

Key Takeaway

Of 682 units at Kovan Melody that were bought and later resold (bought from 2004, resold up to 2026), 98% sold for more than they were bought for, with a median gain of 45% over a median 5.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 4% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

98%

of 682 resales here

Median gain

45%

gross, before costs

Median hold

5.1 years

bought to resold

Every unit at Kovan Melody 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 Melody and what's nearby?

Key Takeaway

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

Kovan Melody is a 99-year condominium completed in 2006. It was developed by WINHOME INVESTMENT PTE LTD. The development has 778 residential units. It sits on a land area of 25,272 sqm and has a gross floor area of 88,451 sqm. The plot ratio is 3.5.

KOVAN MELODY is located at 21 Kovan Road, Singapore 545018. 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 160m away, around 2 minutes on foot. Nearby amenities include Heartland Mall Kovan for shopping, COLD STORAGE SINGAPORE (1983) PTE 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, Covered car park, Clubhouse, Fitness corner, Gymnasium room, and Jacuzzi.

8

How far is Kovan Melody from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Kovan Melody is Kovan MRT, about 160 m away (~3 min walk). 3 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Anderson Serangoon Junior CollegeJunior collegewithin 1 km644 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority807 m
  • Yuying Secondary SchoolSecondary schoolwithin 1 km812 m
  • Paya Lebar Methodist Girls' School (Secondary)Secondary school1.1 km
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.2 km
  • Xinmin Primary SchoolPrimary school1.2 km
  • Bowen Secondary SchoolSecondary school1.3 km
  • Xinmin Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Heartland Mall Kovan · 193 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 193 mHawker centre: Kovan Market & Food Centre · 304 mPark: Richards Ave Pk · 179 m

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

9

Who built Kovan Melody and how big is the development?

Key Takeaway

Kovan Melody was developed by WINHOME INVESTMENT PTE LTD, designed by P & T CONSULTANTS PTE LTD, with 778 units over up to 13 storeys.

Developer
WINHOME INVESTMENT PTE LTD
Architect
P & T CONSULTANTS PTE LTD
Main contractor
GREATEARTH CONSTRUCTION PTE LTD
Floors
13 storeys
Blocks
13
Land area
25,272 sqm (272,025 sqft)
Gross floor area
88,451 sqm (952,078 sqft)
Plot ratio
3.50
10

What facilities does Kovan Melody have?

Key Takeaway

Kovan Melody has 14 facilities, including Barbeque Area, Covered car park, Clubhouse, Fitness corner, and more.

Barbeque AreaCovered car parkClubhouseFitness cornerGymnasium roomJacuzziLap poolMulti-purpose hall24 hours securitySpa poolSteam bathSwimming poolTennis courtsWading pool
11

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

Key Takeaway

Buying a unit at Kovan Melody (~S$2.20M) needs about S$16,105/mo in income and S$7,409/mo in repayments, after S$79,600 stamp duty and a S$550k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.20M) 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$79,600

BSD, tiered

Downpayment (25%)

S$550k

cash + CPF

Monthly instalment

S$7,409/mo

30y @ 3.5%

Income required

S$16,105/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Kovan Melody?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Kovan Melody

Is Kovan Melody freehold?

No. Kovan Melody is on a 99-year lease that started in 2004, with about 77 years left.

How old is Kovan Melody?

Kovan Melody was completed (obtained TOP) in 2006, so it is about 20 years old.

Is Kovan Melody a good investment?

Of 682 units at Kovan Melody that were bought and later resold (bought from 2004, resold up to 2026), 98% sold for more than they were bought for, with a median gain of 45% over a median 5.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 4% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Kovan Melody an EC?

No. Kovan Melody is a private condominium, not an executive condominium (EC).

Who is the developer of Kovan Melody?

Kovan Melody was developed by WINHOME INVESTMENT PTE LTD.

What is the price of a condo at Kovan Melody?

Units at Kovan Melody have recently sold for around S$2.20M (S$1,836 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 28 units are listed for sale from S$1.59M to S$3.18M.

Where is Kovan Melody located?

Kovan Melody is at 21 Kovan Road, Singapore 545018, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 160 m away.

How many units are there in Kovan Melody?

Kovan Melody has 778 units in 13 blocks, up to 13 storeys high.

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

For a unit around S$2.20M as a first home, you'd need roughly S$16,105/mo in income (assessed at the stress-test rate), with repayments near S$7,409/mo after a S$550k (25%) downpayment and S$79,600 Buyer's Stamp Duty.

Are prices at Kovan Melody going up?

The median price per square foot at Kovan Melody has risen about 74% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Kovan Melody?

Xinghua Primary School is within 1 km of Kovan Melody. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.