Simon Plaza
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 4 units for sale from S$2.40M to S$5.60M.
What are the key facts about Simon Plaza?
Simon Plaza is a freehold apartment in District 19 (Hougang) that obtained TOP in 1990, with 19 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1990
- Developer
- —
- Total units
- 19
- Blocks
- 1
- District / Area
- District 19 (Hougang)
- Market segment
- OCR
- Median PSF
- S$929 psf
- Last transacted
- Feb 2026
- Remaining lease
- Freehold
What is the price and PSF at Simon Plaza?
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$2,333 psf — about 151% above the most recent transacted PSF.
Source: URA caveat data, through Feb 2026.
What has recently sold at Simon Plaza?
Simon Plaza has 31 recorded sales; the most recent transacted at S$2,510,000 in Feb 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Feb 2026 | S$2,510,000 | 1,615 | S$1,555 psf |
| Feb 2026 | S$2,280,000 | 1,679 | S$1,358 psf |
| Apr 2025 | S$2,550,000 | 1,927 | S$1,323 psf |
| Oct 2022 | S$2,050,000 | 1,690 | S$1,213 psf |
| Aug 2021 | S$1,680,000 | 1,615 | S$1,041 psf |
| Nov 2020 | S$1,710,000 | 1,894 | S$903 psf |
| Jul 2019 | S$1,500,000 | 1,615 | S$929 psf |
| Jul 2019 | S$1,580,000 | 1,679 | S$941 psf |
| Jun 2019 | S$1,420,000 | 1,690 | S$840 psf |
| Oct 2017 | S$1,400,000 | 1,615 | S$867 psf |
| Aug 2014 | S$1,371,000 | 1,679 | S$816 psf |
| Jun 2013 | S$1,480,000 | 1,615 | S$917 psf |
31 sales and 42 rentals on record since Jan 1995. Source: URA.
Are prices at Simon Plaza rising?
The median transacted PSF at Simon Plaza has risen 230% over the past 31 years (1995–2026), from S$412 psf to S$1,358 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,358 psf | S$2.28M | 2 | +46.2% |
| 2019 | S$929 psf | S$1.50M | 3 | +35.2% |
| 2011 | S$687 psf | S$1.11M | 4 | +100.3% |
| 1999 | S$343 psf | S$590k | 4 | -21.0% |
| 1996 | S$434 psf | S$700k | 2 | +5.3% |
| 1995 | S$412 psf | S$780k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Simon Plaza?
11,111 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
11,111
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.
What bedroom types are available at Simon Plaza?
Simon Plaza has 4 units listed for sale, spanning 3–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 2 | S$2.40M–S$2.40M | — |
| 4-bedroom | 2 | S$5.60M–S$5.60M | S$2,333 psf |
Where is Simon Plaza and what's nearby?
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.
Who built Simon Plaza and how big is the development?
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
How far is Simon Plaza from MRT and schools?
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
- Kovan MRT199 m · ~3 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Simon Plaza?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
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.
PropKakiRecent units at Simon Plaza sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Simon Plaza
How much does a unit at Simon Plaza cost?⌄
Units at Simon Plaza have recently transacted around S$1.58M (S$929 psf), from 31 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Simon Plaza a good investment?⌄
Gross rental yield is about 2.7%, and current asking prices sit about 151% above the most recent transacted PSF; median PSF has risen about 230% since 1995. 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 Simon Plaza going up?⌄
The median transacted PSF at Simon Plaza has risen about 230% between 1995 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Simon Plaza freehold or leasehold?⌄
Simon Plaza is freehold — ownership does not expire.
When was Simon Plaza built and who developed it?⌄
Simon Plaza obtained TOP in 1990, with 19 units across 1 block.
How many units are for sale at Simon Plaza?⌄
There are 4 units for sale at Simon Plaza, from S$2.40M to S$5.60M.
What is the nearest MRT to Simon Plaza?⌄
The nearest MRT/LRT station to Simon Plaza is Kovan MRT, about 199 m away (~3 min walk).
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 qualify for Primary 1 (P1) registration priority.