FreeholdOCRDistrict 19 (Hougang)

Park Residences Kovan

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2025 (URA)
Quick Summary

Park Residences Kovan is a freehold apartment in District 19 (Hougang) that obtained TOP in 2014, with 41 units across 1 block. Across 69 transactions on record, units have recently transacted around S$640k (S$1,802 psf, ~355 sqft). There are 10 units for sale from S$738k to S$980k.

Key facts about Park Residences Kovan
TenureFreehold
TOP year2014
DeveloperKOVAN CENTRAL PTE LTD
Units41 in 1 block
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 428 m (~7 min walk)
Latest median psfS$1,802 psf, last 12 URA caveats to Jul 2025
1

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

Key Takeaway

Park Residences Kovan has 10 units listed for sale, asking S$738k to S$980k (median S$1,492 psf), and 4 units for rent at a median of S$2,800 a month.

For sale

10 listings

S$738k – S$980k

For rent

4 listings

S$2,800 – S$4,600 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom10S$738k–S$980kS$1,492 psf

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

2

What are the floor plans and unit sizes at Park Residences Kovan?

Key Takeaway

Floor plans for Park Residences Kovan aren't in PropKaki's library yet. Across 69 URA caveats, units range from 323 sqft to 1,195 sqft, and the middle half are 355 sqft to 355 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom355 sqft to 657 sqftS$738k · S$1,492 psf

Check the Floor Plan Finder for Park Residences Kovan →

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

3

What is the price and PSF at Park Residences Kovan?

Key Takeaway

Units have recently transacted around S$640k (S$1,802 psf), at a gross rental yield of about 3.8% (URA caveat data).

Recent median price

S$640k

recent · 69 sales on record

Median PSF

S$1,802 psf

recent transactions

Median rent (monthly)

S$2,019

264 rentals on record

Gross rental yield

3.8%

indicative, gross

Units currently for sale are asking a median of S$1,492 psf — about 17% below the most recent transacted PSF.

Source: URA caveat data, through Jul 2025.

4

What has recently sold at Park Residences Kovan?

Key Takeaway

Park Residences Kovan has 69 recorded sales; the most recent transacted at S$685,000 in Jul 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2025S$685,000355S$1,928 psf
Jun 2025S$638,000355S$1,796 psf
Jul 2024S$680,000355S$1,914 psf
Aug 2023S$640,000355S$1,802 psf
Jun 2023S$650,000355S$1,830 psf
Jun 2023S$850,000657S$1,295 psf
Oct 2022S$642,382355S$1,808 psf
Sept 2022S$612,000355S$1,723 psf
Dec 2021S$640,000355S$1,802 psf
Nov 2021S$585,000323S$1,812 psf
Jul 2021S$625,000355S$1,760 psf
Jan 2021S$583,888323S$1,808 psf

69 sales and 264 rentals on record since Aug 2011. Source: URA.

5

Are prices at Park Residences Kovan rising?

Key Takeaway

The median transacted PSF at Park Residences Kovan has risen 17% over the past 14 years (20112025), from S$1,529 psf to S$1,796 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,796 psfS$638k2-0.3%
2023S$1,802 psfS$650k3+4.6%
2022S$1,723 psfS$612k2-4.4%
2021S$1,802 psfS$585k4+14.3%
2018S$1,577 psfS$560k4+1.9%
2017S$1,548 psfS$573k5-12.7%
2016S$1,774 psfS$630k3-4.5%
2014S$1,858 psfS$660k3+21.5%
2011S$1,529 psfS$530k40

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

6

Is Park Residences Kovan a good investment?

Key Takeaway

Of 29 units at Park Residences Kovan that were bought and later resold (bought from 2011, resold up to 2025), 86% sold for more than they were bought for, with a median gain of 13% over a median 6.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.8%. Units listed now ask about 17% less 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

86%

of 29 resales here

Median gain

13%

gross, before costs

Median hold

6.1 years

bought to resold

Every unit at Park Residences Kovan 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 Park Residences Kovan and what's nearby?

Key Takeaway

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

Park Residences Kovan is a freehold apartment completed in 2014. It was developed by KOVAN CENTRAL PTE LTD. The development has 41 residential units. It sits on a land area of 974 sqm and has a gross floor area of 1,364 sqm. The plot ratio is 1.4.

PARK RESIDENCES KOVAN is located at 831 Upper Serangoon Road, Singapore 534679. 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 428m away, around 7 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, Fitness corner, and Swimming pool.

8

How far is Park Residences Kovan from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Park Residences Kovan is Kovan MRT, about 428 m away (~7 min walk). 5 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km848 m
  • Yuying Secondary SchoolSecondary schoolwithin 1 km920 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority947 m
  • Anderson Serangoon Junior CollegeJunior collegewithin 1 km974 m
  • Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority996 m
  • Peicai Secondary SchoolSecondary school1.3 km
  • Zhonghua Primary SchoolPrimary school1.4 km
  • St. Gabriel's Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Heartland Mall Kovan · 401 mSupermarket: NTUC Fairprice Co-operative Ltd · 235 mHawker centre: Kovan Market & Food Centre · 474 mPark: Richards Ave Pk · 336 m

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

9

Who built Park Residences Kovan and how big is the development?

Key Takeaway

Park Residences Kovan was developed by KOVAN CENTRAL PTE LTD, with 41 units over up to 5 storeys.

Developer
KOVAN CENTRAL PTE LTD
Floors
5 storeys
Blocks
1
Land area
974 sqm (10,484 sqft)
Gross floor area
1,364 sqm (14,682 sqft)
Plot ratio
1.40
10

What facilities does Park Residences Kovan have?

Key Takeaway

Park Residences Kovan has 3 facilities, including Barbeque Area, Fitness corner, Swimming pool.

Barbeque AreaFitness cornerSwimming pool
11

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

Key Takeaway

Buying a unit at Park Residences Kovan (~S$640k) needs about S$4,685/mo in income and S$2,155/mo in repayments, after S$13,800 stamp duty and a S$160k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$640k) 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$13,800

BSD, tiered

Downpayment (25%)

S$160k

cash + CPF

Monthly instalment

S$2,155/mo

30y @ 3.5%

Income required

S$4,685/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Park Residences Kovan?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Park Residences Kovan

Is Park Residences Kovan freehold?

Yes. Park Residences Kovan is freehold, so ownership does not run out.

How old is Park Residences Kovan?

Park Residences Kovan was completed (obtained TOP) in 2014, so it is about 12 years old.

Is Park Residences Kovan a good investment?

Of 29 units at Park Residences Kovan that were bought and later resold (bought from 2011, resold up to 2025), 86% sold for more than they were bought for, with a median gain of 13% over a median 6.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.8%. Units listed now ask about 17% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Park Residences Kovan an EC?

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

Who is the developer of Park Residences Kovan?

Park Residences Kovan was developed by KOVAN CENTRAL PTE LTD.

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

Units at Park Residences Kovan have recently sold for around S$640k (S$1,802 psf), the median of the last 12 URA caveats to Jul 2025. The price depends on size, floor and facing. 10 units are listed for sale from S$738k to S$980k.

Where is Park Residences Kovan located?

Park Residences Kovan is at 831 Upper Serangoon Road, Singapore 534679, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 428 m away.

How many units are there in Park Residences Kovan?

Park Residences Kovan has 41 units in 1 block, up to 5 storeys high.

How much do I need to earn to buy at Park Residences Kovan?

For a unit around S$640k as a first home, you'd need roughly S$4,685/mo in income (assessed at the stress-test rate), with repayments near S$2,155/mo after a S$160k (25%) downpayment and S$13,800 Buyer's Stamp Duty.

Are prices at Park Residences Kovan going up?

The median price per square foot at Park Residences Kovan has risen about 17% between 2011 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Park Residences Kovan?

Xinghua Primary School, Paya Lebar Methodist Girls' School (Primary) are within 1 km of Park Residences Kovan. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.