99-yearOCRDistrict 19 (Hougang)

Kovan Residences

Reviewed by Nathan TangUpdated 11 August 2026Data through Jun 2026 (URA)
Quick Summary

Kovan Residences is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2011, with 521 units across 9 blocks. Across 901 transactions on record, units have recently transacted around S$2.54M (S$1,872 psf, ~1,259 sqft). The lease has approximately 80 years remaining.

1

What are the key facts about Kovan Residences?

Key Takeaway

Kovan Residences is a 99-year condominium in District 19 (Hougang) that obtained TOP in 2011, with 521 units across 9 blocks.

Tenure
99-year
TOP / Completion
2011
Developer
CENTURION KOVAN PTE LTD
Total units
521
Blocks
9
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,872 psf
Last transacted
Jun 2026
Remaining lease
≈ 80 years
2

What is the price and PSF at Kovan Residences?

Key Takeaway

Units have recently transacted around S$2.54M (S$1,872 psf), at a gross rental yield of about 2.1% (URA caveat data).

Recent median price

S$2.54M

recent · 901 sales on record

Median PSF

S$1,872 psf

recent transactions

Median rent (monthly)

S$4,405

1,357 rentals on record

Gross rental yield

2.1%

indicative, gross

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Kovan Residences?

Key Takeaway

Kovan Residences has 901 recorded sales; the most recent transacted at S$2,523,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$2,523,0001,259S$2,003 psf
May 2026S$2,668,0001,442S$1,850 psf
May 2026S$3,050,0002,217S$1,375 psf
Apr 2026S$2,545,0001,259S$2,021 psf
Mar 2026S$1,788,000947S$1,888 psf
Mar 2026S$2,700,0001,442S$1,872 psf
Feb 2026S$1,750,000947S$1,847 psf
Jan 2026S$3,158,0001,776S$1,778 psf
Nov 2025S$2,542,0001,259S$2,018 psf
Nov 2025S$1,635,000883S$1,852 psf
Nov 2025S$2,538,0001,259S$2,015 psf
Oct 2025S$2,520,0001,281S$1,967 psf

901 sales and 1,357 rentals on record since Jul 2008. Source: URA.

4

Are prices at Kovan Residences rising?

Key Takeaway

The median transacted PSF at Kovan Residences has risen 69% over the past 9 years (20172026), from S$1,095 psf to S$1,850 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,850 psfS$2.54M8+1.0%
2025S$1,832 psfS$2.43M20+6.0%
2024S$1,729 psfS$2.32M16+11.0%
2023S$1,558 psfS$2.26M18+6.1%
2022S$1,469 psfS$1.92M28+15.9%
2021S$1,268 psfS$1.92M28+6.5%
2020S$1,191 psfS$1.68M18-2.1%
2019S$1,217 psfS$1.59M20-0.6%
2018S$1,224 psfS$1.59M23+11.8%
2017S$1,095 psfS$1.45M30

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 Residences?

Key Takeaway

11,112 CEA-registered agents closed at least one recorded deal in District 19 — where Kovan Residences 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 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 Residences and what's nearby?

Key Takeaway

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

Kovan Residences is a 99-year condominium completed in 2011. It was developed by CENTURION KOVAN PTE LTD. The development has 521 residential units. It sits on a land area of 17,634 sqm and has a gross floor area of 61,719 sqm. The plot ratio is 3.5.

KOVAN RESIDENCES is located at 3 Kovan Road, Singapore 544894. 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 101m 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, Meeting room, Playground, Sauna, and Swimming pool.

7

Who built Kovan Residences and how big is the development?

Key Takeaway

Kovan Residences was developed by CENTURION KOVAN PTE LTD, designed by ONG & ONG PTE LTD, with 521 units over up to 18 storeys.

Developer
CENTURION KOVAN PTE LTD
Architect
ONG & ONG PTE LTD
Main contractor
LIAN BENG CONSTRUCTION (1988) PTE LTD
Floors
18 storeys
Blocks
9
Land area
17,634 sqm (189,811 sqft)
Gross floor area
61,719 sqm (664,337 sqft)
Plot ratio
3.50
8

How far is Kovan Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Kovan Residences is Kovan MRT, about 101 m away (~2 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 km485 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority680 m
  • Yuying Secondary SchoolSecondary schoolwithin 1 km703 m
  • Paya Lebar Methodist Girls' School (Secondary)Secondary school1.1 km
  • Xinmin Primary SchoolPrimary school1.2 km
  • Holy Innocents' Primary SchoolPrimary school1.2 km
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.3 km
  • Xinmin Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Heartland Mall Kovan · 170 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 170 mHawker centre: Kovan Market & Food Centre · 239 mPark: Richards Ave Pk · 346 m

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

9

What facilities does Kovan Residences have?

Key Takeaway

Kovan Residences has 5 facilities, including Barbeque Area, Meeting room, Playground, Sauna, and more.

Barbeque AreaMeeting roomPlaygroundSaunaSwimming pool
10

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

Key Takeaway

Buying a unit at Kovan Residences (~S$2.54M) needs about S$18,579/mo in income and S$8,548/mo in repayments, after S$96,500 stamp duty and a S$635k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.54M) 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$96,500

BSD, tiered

Downpayment (25%)

S$635k

cash + CPF

Monthly instalment

S$8,548/mo

30y @ 3.5%

Income required

S$18,579/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 Residences? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Kovan Residences

How much does a unit at Kovan Residences cost?

Units at Kovan Residences have recently transacted around S$2.54M (S$1,872 psf), from 901 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 Residences?

For a unit around S$2.54M as a first home, you'd need roughly S$18,579/mo in income (assessed at the stress-test rate), with repayments near S$8,548/mo after a S$635k (25%) downpayment and S$96,500 Buyer's Stamp Duty.

Is Kovan Residences a good investment?

Gross rental yield is about 2.1%; median PSF has risen about 69% since 2017. 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 Residences going up?

The median transacted PSF at Kovan Residences has risen about 69% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Kovan Residences freehold or leasehold?

Kovan Residences is 99-year, with approximately 80 years remaining on the lease.

When was Kovan Residences built and who developed it?

Kovan Residences obtained TOP in 2011, developed by CENTURION KOVAN PTE LTD, with 521 units across 9 blocks.

What is the nearest MRT to Kovan Residences?

The nearest MRT/LRT station to Kovan Residences is Kovan MRT, about 101 m away (~2 min walk).

Which primary schools are within 1 km of Kovan Residences?

Xinghua Primary School is within 1 km of Kovan Residences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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