FreeholdOCRDistrict 19 (Serangoon)

Space @ Kovan

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2026 (URA)
Quick Summary

Space @ Kovan is a freehold apartment in District 19 (Serangoon) that obtained TOP in 2015, with 140 units across 2 blocks. Across 203 transactions on record, units have recently transacted around S$784k (S$1,535 psf, ~549 sqft). There are 9 units for sale from S$750k to S$1.70M.

1

What are the key facts about Space @ Kovan?

Key Takeaway

Space @ Kovan is a freehold apartment in District 19 (Serangoon) that obtained TOP in 2015, with 140 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2015
Developer
RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD
Total units
140
Blocks
2
District / Area
District 19 (Serangoon)
Market segment
OCR
Median PSF
S$1,535 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at Space @ Kovan?

Key Takeaway

Units have recently transacted around S$784k (S$1,535 psf), at a gross rental yield of about 3.4% (URA caveat data).

Recent median price

S$784k

recent · 203 sales on record

Median PSF

S$1,535 psf

recent transactions

Median rent (monthly)

S$2,247

747 rentals on record

Gross rental yield

3.4%

indicative, gross

Units currently for sale are asking a median of S$1,476 psf — about 4% below the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Space @ Kovan?

Key Takeaway

Space @ Kovan has 203 recorded sales; the most recent transacted at S$783,666 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2026S$783,666549S$1,428 psf
Apr 2026S$1,140,000743S$1,535 psf
Mar 2026S$740,000420S$1,763 psf
Sept 2025S$1,070,000635S$1,685 psf
Sept 2025S$708,000431S$1,644 psf
Jul 2025S$725,000431S$1,684 psf
Apr 2025S$920,000635S$1,449 psf
Feb 2025S$720,000420S$1,715 psf
Nov 2024S$1,400,0001,087S$1,288 psf
Nov 2024S$915,000624S$1,466 psf
Oct 2024S$700,000420S$1,667 psf
Sept 2024S$888,000614S$1,447 psf

203 sales and 747 rentals on record since Dec 2010. Source: URA.

4

Are prices at Space @ Kovan rising?

Key Takeaway

The median transacted PSF at Space @ Kovan has risen 16% over the past 9 years (20172026), from S$1,321 psf to S$1,535 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,535 psfS$784k3-8.8%
2025S$1,684 psfS$725k5+16.4%
2024S$1,447 psfS$888k6+3.3%
2023S$1,401 psfS$890k5+2.6%
2022S$1,366 psfS$800k13+1.3%
2021S$1,348 psfS$800k11+19.9%
2020S$1,124 psfS$655k4-4.8%
2019S$1,181 psfS$1.17M4-6.9%
2018S$1,268 psfS$643k2-4.0%
2017S$1,321 psfS$725k5

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 Space @ Kovan?

Key Takeaway

11,111 CEA-registered agents closed at least one recorded deal in District 19 — where Space @ 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 Space @ Kovan?

Key Takeaway

Space @ Kovan has 9 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom3S$750k–S$760k
2-bedroom6S$928k–S$1.70MS$1,476 psf
7

Where is Space @ Kovan and what's nearby?

Key Takeaway

Space @ Kovan is located in Serangoon, in the North-East Region of Singapore.

Space @ Kovan is a freehold apartment completed in 2015. It was developed by RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD. The development has 140 residential units. It sits on a land area of 3,767 sqm and has a gross floor area of 11,300 sqm. The plot ratio is 3.0.

SPACE @ KOVAN is located at 11 Yio Chu Kang Road, Singapore 545523. It is part of District 19, Serangoon Garden / Hougang / Punggol, Serangoon. The project falls within the North-East Region and the OCR market segment.

The nearest rail connection is Serangoon MRT, approximately 640m away, around 10 minutes on foot. Nearby amenities include NEX for shopping, THONG CHEW FOOD INDUSTRIES PTE LTD for groceries, and Boundary Road Park for greenery and recreation. Facilities in the development include Barbeque Area, Function room, Jacuzzi, Pool Deck, Sky Lounge, and Swimming pool.

8

Who built Space @ Kovan and how big is the development?

Key Takeaway

Space @ Kovan was developed by RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD, with 140 units over up to 5 storeys.

Developer
RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD
Floors
5 storeys
Blocks
2
Land area
3,767 sqm (40,548 sqft)
Gross floor area
11,300 sqm (121,632 sqft)
Plot ratio
3.00
9

How far is Space @ Kovan from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Space @ Kovan is Serangoon MRT, about 641 m away (~10 min walk). 2 schools are within 1 km.

Getting around

Schools nearby

  • St. Gabriel's Secondary SchoolSecondary schoolwithin 1 km914 m
  • Peicai Secondary SchoolSecondary schoolwithin 1 km936 m
  • Zhonghua Primary SchoolPrimary school1.0 km
  • Paya Lebar Methodist Girls' School (Secondary)Secondary school1.0 km
  • Paya Lebar Methodist Girls' School (Primary)Primary school1.1 km
  • Zhonghua Secondary SchoolSecondary school1.1 km
  • Yangzheng Primary SchoolPrimary school1.1 km
  • Nanyang Junior CollegeJunior college1.3 km

Shops, food & parks

Mall: Nex · 669 mSupermarket: Thong Chew Food Industries Pte Ltd · 251 mPark: Boundary Road Park · 244 m

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

10

What facilities does Space @ Kovan have?

Key Takeaway

Space @ Kovan has 6 facilities, including Barbeque Area, Function room, Jacuzzi, Pool Deck, and more.

Barbeque AreaFunction roomJacuzziPool DeckSky LoungeSwimming pool
11

What does it cost to own a unit at Space @ Kovan?

Key Takeaway

Buying a unit at Space @ Kovan (~S$784k) needs about S$5,737/mo in income and S$2,639/mo in repayments, after S$18,110 stamp duty and a S$196k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$784k) 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$18,110

BSD, tiered

Downpayment (25%)

S$196k

cash + CPF

Monthly instalment

S$2,639/mo

30y @ 3.5%

Income required

S$5,737/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 Space @ Kovan? Ask before you commit.

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

PropKaki
Is Space @ Kovan a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Space @ Kovan

How much does a unit at Space @ Kovan cost?

Units at Space @ Kovan have recently transacted around S$784k (S$1,535 psf), from 203 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Space @ Kovan?

For a unit around S$784k as a first home, you'd need roughly S$5,737/mo in income (assessed at the stress-test rate), with repayments near S$2,639/mo after a S$196k (25%) downpayment and S$18,110 Buyer's Stamp Duty.

Is Space @ Kovan a good investment?

Gross rental yield is about 3.4%, and current asking prices sit about 4% below the most recent transacted PSF; median PSF has risen about 16% since 2017. 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 Space @ Kovan going up?

The median transacted PSF at Space @ Kovan has risen about 16% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Space @ Kovan freehold or leasehold?

Space @ Kovan is freehold — ownership does not expire.

When was Space @ Kovan built and who developed it?

Space @ Kovan obtained TOP in 2015, developed by RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD, with 140 units across 2 blocks.

How many units are for sale at Space @ Kovan?

There are 9 units for sale at Space @ Kovan, from S$750k to S$1.70M.

What is the nearest MRT to Space @ Kovan?

The nearest MRT/LRT station to Space @ Kovan is Serangoon MRT, about 641 m away (~10 min walk).

Are there schools near Space @ Kovan?

2 schools are within 1 km of Space @ Kovan, including St. Gabriel's Secondary School, Peicai Secondary School.

Chat on WhatsApp