FreeholdOCRDistrict 19 (Hougang)

Simon Plaza

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

Simon Plaza is a freehold apartment in District 19 (Hougang) that obtained TOP in 1990, with 19 units across 1 block. Across 31 transactions on record, units have recently transacted around S$1.58M (S$929 psf, ~1,679 sqft). There are 6 units for sale from S$2.40M to S$5.60M.

Key facts about Simon Plaza
TenureFreehold
TOP year1990
Units19 in 1 block
District and areaDistrict 19 · Hougang · OCR
Nearest MRTKovan MRT, 199 m (~3 min walk)
Latest median psfS$929 psf, last 12 URA caveats to Feb 2026
1

What's for sale and for rent at Simon Plaza?

Key Takeaway

Simon Plaza has 6 units listed for sale, asking S$2.40M to S$5.60M (median S$1,429 psf), and 0 units for rent.

For sale

6 listings

S$2.40M – S$5.60M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom5S$2.40M–S$2.45MS$1,429 psf
4-bedroom1S$5.60M–S$5.60M

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

2

What are the floor plans and unit sizes at Simon Plaza?

Key Takeaway

Floor plans for Simon Plaza aren't in PropKaki's library yet. Across 31 URA caveats, units range from 1,249 sqft to 1,927 sqft, and the middle half are 1,615 sqft to 1,690 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,679 sqftS$2.40M · S$1,429 psf
4-bedroom2,400 sqftS$5.60M

Check the Floor Plan Finder for Simon Plaza →

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

3

What is the price and PSF at Simon Plaza?

Key Takeaway

Units have recently transacted around S$1.58M (S$929 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.58M

recent · 31 sales on record

Median PSF

S$929 psf

recent transactions

Median rent (monthly)

S$3,579

42 rentals on record

Gross rental yield

2.7%

indicative, gross

Units currently for sale are asking a median of S$1,429 psf — about 54% above the most recent transacted PSF.

Source: URA caveat data, through Feb 2026.

4

What has recently sold at Simon Plaza?

Key Takeaway

Simon Plaza has 31 recorded sales; the most recent transacted at S$2,510,000 in Feb 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2026S$2,510,0001,615S$1,555 psf
Feb 2026S$2,280,0001,679S$1,358 psf
Apr 2025S$2,550,0001,927S$1,323 psf
Oct 2022S$2,050,0001,690S$1,213 psf
Aug 2021S$1,680,0001,615S$1,041 psf
Nov 2020S$1,710,0001,894S$903 psf
Jul 2019S$1,500,0001,615S$929 psf
Jul 2019S$1,580,0001,679S$941 psf
Jun 2019S$1,420,0001,690S$840 psf
Oct 2017S$1,400,0001,615S$867 psf
Aug 2014S$1,371,0001,679S$816 psf
Jun 2013S$1,480,0001,615S$917 psf

31 sales and 42 rentals on record since Jan 1995. Source: URA.

5

Are prices at Simon Plaza rising?

Key Takeaway

The median transacted PSF at Simon Plaza has risen 230% over the past 31 years (19952026), from S$412 psf to S$1,358 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,358 psfS$2.28M2+46.2%
2019S$929 psfS$1.50M3+35.2%
2011S$687 psfS$1.11M4+100.3%
1999S$343 psfS$590k4-21.0%
1996S$434 psfS$700k2+5.3%
1995S$412 psfS$780k2

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

6

Is Simon Plaza a good investment?

Key Takeaway

Of 17 units at Simon Plaza that were bought and later resold (bought from 1995, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 44% over a median 6.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Units listed now ask about 54% 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

88%

of 17 resales here

Median gain

44%

gross, before costs

Median hold

6.6 years

bought to resold

Every unit at Simon Plaza 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 Simon Plaza and what's nearby?

Key Takeaway

Simon Plaza is located in Hougang, in the North-East Region of Singapore.

Simon Plaza is a freehold apartment completed in 1990. The development has 19 residential units. It sits on a land area of 2,489 sqm and has a gross floor area of 3,485 sqm. The plot ratio is 1.4.

SIMON PLAZA is located at 2 Kovan Road, Singapore 548008. 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 198m away, around 3 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.

8

How far is Simon Plaza from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Simon Plaza is Kovan MRT, about 199 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 km413 m
  • Xinghua Primary SchoolPrimary schoolwithin 1 km · P1 priority760 m
  • Yuying Secondary SchoolSecondary schoolwithin 1 km791 m
  • Xinmin Primary SchoolPrimary school1.1 km
  • Holy Innocents' Primary SchoolPrimary school1.2 km
  • Xinmin Secondary SchoolSecondary school1.2 km
  • Paya Lebar Methodist Girls' School (Secondary)Secondary school1.2 km
  • Bowen Secondary SchoolSecondary school1.2 km

Shops, food & parks

Mall: Heartland Mall Kovan · 270 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 270 mHawker centre: Kovan Market & Food Centre · 342 mPark: Richards Ave Pk · 336 m

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

9

Who built Simon Plaza and how big is the development?

Key Takeaway

Simon Plaza was developed by , with 19 units over up to 3 storeys.

Floors
3 storeys
Blocks
1
Land area
2,489 sqm (26,791 sqft)
Gross floor area
3,485 sqm (37,512 sqft)
Plot ratio
1.40
10

What does it cost to own a unit at Simon Plaza?

Key Takeaway

Buying a unit at Simon Plaza (~S$1.58M) needs about S$11,566/mo in income and S$5,321/mo in repayments, after S$48,600 stamp duty and a S$395k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.58M) 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$48,600

BSD, tiered

Downpayment (25%)

S$395k

cash + CPF

Monthly instalment

S$5,321/mo

30y @ 3.5%

Income required

S$11,566/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Simon Plaza?

Key Takeaway

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

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

PropKaki
Is Simon Plaza a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Simon Plaza

Is Simon Plaza freehold?

Yes. Simon Plaza is freehold, so ownership does not run out.

How old is Simon Plaza?

Simon Plaza was completed (obtained TOP) in 1990, so it is about 36 years old.

Is Simon Plaza a good investment?

Of 17 units at Simon Plaza that were bought and later resold (bought from 1995, resold up to 2026), 88% sold for more than they were bought for, with a median gain of 44% over a median 6.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Units listed now ask about 54% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Simon Plaza an EC?

No. Simon Plaza is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Simon Plaza?

Units at Simon Plaza have recently sold for around S$1.58M (S$929 psf), the median of the last 12 URA caveats to Feb 2026. The price depends on size, floor and facing. 6 units are listed for sale from S$2.40M to S$5.60M.

Where is Simon Plaza located?

Simon Plaza is at 2 Kovan Road, Singapore 548008, in Hougang (District 19). The nearest MRT station is Kovan MRT, about 199 m away.

How many units are there in Simon Plaza?

Simon Plaza has 19 units in 1 block, up to 3 storeys high.

How much do I need to earn to buy at Simon Plaza?

For a unit around S$1.58M as a first home, you'd need roughly S$11,566/mo in income (assessed at the stress-test rate), with repayments near S$5,321/mo after a S$395k (25%) downpayment and S$48,600 Buyer's Stamp Duty.

Are prices at Simon Plaza going up?

The median price per square foot at Simon Plaza has risen about 230% between 1995 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 Simon Plaza?

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