PropKaki
99-yearOCRDistrict 19 (Hougang)

Kovan Residences

Reviewed by Nathan TangUpdated 24 October 2026Data through Sept 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 903 transactions on record, units have recently transacted around S$2.54M (S$1,852 psf, ~1,259 sqft). The lease has approximately 80 years remaining.

Key facts about Kovan Residences
Tenure99-year leasehold from 2007 (≈80 years left)
TOP year2011
DeveloperCENTURION KOVAN PTE LTD
Units521 in 9 blocks
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 101 m (~2 min walk)
Latest median psfS$1,852 psf, last 12 URA caveats to Sep 2026
Thinking about Kovan Residences? Ask before you commit.Ask PropKaki
1

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

Key Takeaway

Kovan Residences 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$13,500 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 Residences?

Key Takeaway

PropKaki has 44 layouts on record for Kovan Residences, from 2 to 5 bedrooms (883 sqft to 4,693 sqft).

BedroomsLayoutsSizes
2 Bedroom2893 to 947 sq ft
3 Bedroom91,259 to 2,465 sq ft
4 Bedroom221,442 to 3,778 sq ft
5 Bedroom24,532 to 4,693 sq ft
Other layouts9883 to 3,283 sq ft

PropKaki holds 42 floor plans for Kovan Residences.

See Kovan Residences's floor plans — ask PropKaki.Ask PropKakisqm ↔ sq ft converter

Layouts digitised from developer brochures.

3

What is the price and PSF at Kovan Residences?

Key Takeaway

Units have recently transacted around S$2.54M (S$1,852 psf), at a gross rental yield of about 2.1% (URA caveat data).

Recent median price

S$2.54M

recent · 903 sales on record

Median PSF

S$1,852 psf

recent transactions

Median rent (monthly)

S$4,419

1,381 rentals on record

Gross rental yield

2.1%

indicative, gross

Source: URA caveat data, through Sept 2026.

4

What has recently sold at Kovan Residences?

Key Takeaway

Kovan Residences has 903 recorded sales; the most recent transacted at S$3,250,000 in Sept 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2026S$3,250,0001,765S$1,841 psf
Aug 2026S$2,700,0001,442S$1,872 psf
Jun 2026S$2,523,0001,259S$2,003 psf
May 2026S$3,050,0002,217S$1,375 psf
May 2026S$2,668,0001,442S$1,850 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

903 sales and 1,381 rentals on record since Jul 2008. Source: URA.

5

Are prices at Kovan Residences rising?

Key Takeaway

The median transacted PSF at Kovan Residences has risen 69% over the past 9 years (2017–2026), from S$1,095 psf to S$1,850 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,850 psfS$2.67M10+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.

6

Is Kovan Residences a good investment?

Key Takeaway

Of 393 units at Kovan Residences that were bought and later resold (bought from 2008, resold up to 2026), 95% sold for more than they were bought for, with a median gain of 34% over a median 4.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

95%

of 393 resales here

Median gain

34%

gross, before costs

Median hold

4.9 years

bought to resold

Every unit at Kovan Residences 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 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.

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

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
10

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
11

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$18,630/mo in income and S$8,571/mo in repayments, after S$96,850 stamp duty and a S$636k 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$96,850

BSD, tiered

Downpayment (25%)

S$636k

cash + CPF

Monthly instalment

S$8,571/mo

30y @ 3.5%

Income required

S$18,630/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Kovan Residences?

Key Takeaway

11,875 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

11,875

District 19 · closed ≥1 deal

Deals on record

74,158

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 Residences? Ask before you commit.

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

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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…
13

Frequently asked questions about Kovan Residences

Is Kovan Residences freehold?⌄

No. Kovan Residences is on a 99-year lease that started in 2007, with about 80 years left.

How old is Kovan Residences?⌄

Kovan Residences was completed (obtained TOP) in 2011, so it is about 15 years old.

Is Kovan Residences a good investment?⌄

Of 393 units at Kovan Residences that were bought and later resold (bought from 2008, resold up to 2026), 95% sold for more than they were bought for, with a median gain of 34% over a median 4.9-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.1%. Past resale results don't predict future returns, and this is not financial advice.

Is Kovan Residences an EC?⌄

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

Who is the developer of Kovan Residences?⌄

Kovan Residences was developed by CENTURION KOVAN PTE LTD.

What is the price of a condo at Kovan Residences?⌄

Units at Kovan Residences have recently sold for around S$2.54M (S$1,852 psf), the median of the last 12 URA caveats to Sep 2026. The price depends on size, floor and facing.

Where is Kovan Residences located?⌄

Kovan Residences is at 3 Kovan Road, Singapore 544894, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 101 m away.

How many units are there in Kovan Residences?⌄

Kovan Residences has 521 units in 9 blocks, up to 18 storeys high.

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$18,630/mo in income (assessed at the stress-test rate), with repayments near S$8,571/mo after a S$636k (25%) downpayment and S$96,850 Buyer's Stamp Duty.

Are prices at Kovan Residences going up?⌄

The median price per square foot at Kovan Residences has risen about 69% 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 Residences?⌄

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