FreeholdOCRDistrict 19 (Hougang)

Park Residences Kovan

Reviewed by Nathan TangUpdated 10 August 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 3 units for sale from S$980k to S$980k.

1

What are the key facts about Park Residences Kovan?

Key Takeaway

Park Residences Kovan is a freehold apartment in District 19 (Hougang) that obtained TOP in 2014, with 41 units across 1 block.

Tenure
Freehold
TOP / Completion
2014
Developer
KOVAN CENTRAL PTE LTD
Total units
41
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,802 psf
Last transacted
Jul 2025
Remaining lease
Freehold
2

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

260 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.

3

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 260 rentals on record since Aug 2011. Source: URA.

4

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.

5

How many property agents are active around Park Residences Kovan?

Key Takeaway

11,111 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

11,111

District 19 · closed ≥1 deal

Deals on record

72,282

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

What bedroom types are available at Park Residences Kovan?

Key Takeaway

Park Residences Kovan has 3 units listed for sale, spanning 1-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom3S$980k–S$980kS$1,492 psf
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

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
9

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.

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

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 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…
12

Frequently asked questions about Park Residences Kovan

How much does a unit at Park Residences Kovan cost?

Units at Park Residences Kovan have recently transacted around S$640k (S$1,802 psf), from 69 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Park Residences Kovan a good investment?

Gross rental yield is about 3.8%, and current asking prices sit about 17% below the most recent transacted PSF; median PSF has risen about 17% since 2011. 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 Park Residences Kovan going up?

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

Is Park Residences Kovan freehold or leasehold?

Park Residences Kovan is freehold — ownership does not expire.

When was Park Residences Kovan built and who developed it?

Park Residences Kovan obtained TOP in 2014, developed by KOVAN CENTRAL PTE LTD, with 41 units across 1 block.

How many units are for sale at Park Residences Kovan?

There are 3 units for sale at Park Residences Kovan, from S$980k to S$980k.

What is the nearest MRT to Park Residences Kovan?

The nearest MRT/LRT station to Park Residences Kovan is Kovan MRT, about 428 m away (~7 min walk).

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 qualify for Primary 1 (P1) registration priority.

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