FreeholdOCRDistrict 19 (Serangoon)

Space @ Kovan

Reviewed by Nathan TangUpdated 24 September 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 10 units for sale from S$730k to S$1.70M.

Key facts about Space @ Kovan
TenureFreehold
TOP year2015
DeveloperRP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD
Units140 in 2 blocks
District and areaDistrict 19 · Serangoon · OCR
Nearest MRTSerangoon MRT, 641 m (~10 min walk)
Latest median psfS$1,535 psf, last 12 URA caveats to Jun 2026
1

What's for sale and for rent at Space @ Kovan?

Key Takeaway

Space @ Kovan has 10 units listed for sale, asking S$730k to S$1.70M (median S$1,476 psf), and 8 units for rent at a median of S$2,800 a month.

For sale

10 listings

S$730k – S$1.70M

For rent

8 listings

S$1,100 – S$4,500 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom4S$730k–S$750kS$1,738 psf
2-bedroom6S$928k–S$1.70MS$1,476 psf

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

2

What are the floor plans and unit sizes at Space @ Kovan?

Key Takeaway

Floor plans for Space @ Kovan aren't in PropKaki's library yet. Across 203 URA caveats, units range from 388 sqft to 1,625 sqft, and the middle half are 431 sqft to 775 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom420 sqftS$730k · S$1,738 psf
2-bedroom603 sqft to 1,152 sqftS$928k · S$1,476 psf

Check the Floor Plan Finder for Space @ Kovan →

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

3

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$2,246

754 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.

4

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 754 rentals on record since Dec 2010. Source: URA.

5

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.

6

Is Space @ Kovan a good investment?

Key Takeaway

Of 65 units at Space @ Kovan that were bought and later resold (bought from 2010, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 12% over a median 9.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Units listed now ask about 4% less 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

91%

of 65 resales here

Median gain

12%

gross, before costs

Median hold

9.1 years

bought to resold

Every unit at Space @ Kovan 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around Space @ Kovan?

Key Takeaway

11,112 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

11,112

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 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…
13

Frequently asked questions about Space @ Kovan

Is Space @ Kovan freehold?

Yes. Space @ Kovan is freehold, so ownership does not run out.

How old is Space @ Kovan?

Space @ Kovan was completed (obtained TOP) in 2015, so it is about 11 years old.

Is Space @ Kovan a good investment?

Of 65 units at Space @ Kovan that were bought and later resold (bought from 2010, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 12% over a median 9.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.4%. Units listed now ask about 4% less per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Space @ Kovan an EC?

No. Space @ Kovan is a private apartment development, not an executive condominium (EC).

Who is the developer of Space @ Kovan?

Space @ Kovan was developed by RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD.

What is the price of a condo at Space @ Kovan?

Units at Space @ Kovan have recently sold for around S$784k (S$1,535 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 10 units are listed for sale from S$730k to S$1.70M.

Where is Space @ Kovan located?

Space @ Kovan is at 11 Yio Chu Kang Road, Singapore 545523, in Serangoon (District 19). The nearest MRT station is Serangoon MRT, about 641 m away.

How many units are there in Space @ Kovan?

Space @ Kovan has 140 units in 2 blocks, up to 5 storeys high.

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.

Are prices at Space @ Kovan going up?

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