PropKaki
FreeholdOCRDistrict 19 (Hougang)

Simon Plaza

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$1.58M (S$929 psf), from 31 sales on record. There are 2 units for sale from S$2.50M to S$2.60M.

1

What are the key facts about Simon Plaza?

Key Takeaway

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
2

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$1,548 psf — about 67% above the most recent transacted PSF.

Source: URA caveat data, through Feb 2026.

3

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.

4

What bedroom types are available at Simon Plaza?

Key Takeaway

Simon Plaza has 2 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom2S$2.50M–S$2.60MS$1,548 psf
5

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.

6

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.

7

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

8

Frequently asked questions about Simon Plaza

What is the price at Simon Plaza?

Units at Simon Plaza have recently transacted around S$1.58M (S$929 psf), from 31 sales on record (URA caveat data).

What is the PSF at Simon Plaza?

Units for sale at Simon Plaza are asking a median of about S$1,548 psf.

Is Simon Plaza freehold or leasehold?

Simon Plaza is freehold.

When was Simon Plaza built?

Simon Plaza obtained TOP in 1990.

How many units are for sale at Simon Plaza?

There are 2 units for sale at Simon Plaza, from S$2.50M to S$2.60M.

What is the rental yield at Simon Plaza?

Gross rental yield at Simon Plaza is about 2.7%, based on median current rents and prices.

How many units are in Simon Plaza?

Simon Plaza has 19 units across 1 block.

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.

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