PropKaki
FreeholdOCRDistrict 19 (Hougang)

Spazio @ Kovan

Reviewed by Nathan TangUpdated 20 June 2026Data through Nov 2025 (URA)
Quick Summary

Spazio @ Kovan is a freehold apartment in District 19 (Hougang) that obtained TOP in 2016, with 48 units across 1 block. Units have recently transacted around S$888k (S$1,444 psf), from 64 sales on record.

1

What are the key facts about Spazio @ Kovan?

Key Takeaway

Spazio @ Kovan is a freehold apartment in District 19 (Hougang) that obtained TOP in 2016, with 48 units across 1 block.

Tenure
Freehold
TOP / Completion
2016
Developer
SPAZIO LAND PTE LTD
Total units
48
Blocks
1
District / Area
District 19 (Hougang)
Market segment
OCR
Median PSF
S$1,444 psf
Last transacted
Nov 2025
Remaining lease
Freehold
2

What is the price and PSF at Spazio @ Kovan?

Key Takeaway

Units have recently transacted around S$888k (S$1,444 psf), at a gross rental yield of about 3.1% (URA caveat data).

Recent median price

S$888k

recent · 64 sales on record

Median PSF

S$1,444 psf

recent transactions

Median rent (monthly)

S$2,320

182 rentals on record

Gross rental yield

3.1%

indicative, gross

Source: URA caveat data, through Nov 2025.

3

What has recently sold at Spazio @ Kovan?

Key Takeaway

Spazio @ Kovan has 64 recorded sales; the most recent transacted at S$840,000 in Nov 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2025S$840,000506S$1,660 psf
Jul 2024S$945,000646S$1,463 psf
May 2024S$839,999506S$1,660 psf
May 2024S$1,185,0001,076S$1,101 psf
Apr 2024S$978,888678S$1,444 psf
Apr 2024S$820,000474S$1,731 psf
Nov 2023S$888,000560S$1,586 psf
Sept 2023S$815,000495S$1,646 psf
Mar 2023S$1,088,0001,023S$1,064 psf
Feb 2023S$1,030,000764S$1,348 psf
Aug 2022S$1,575,0001,442S$1,092 psf
Aug 2022S$820,000624S$1,313 psf

64 sales and 182 rentals on record since Apr 2013. Source: URA.

4

Where is Spazio @ Kovan and what's nearby?

Key Takeaway

Spazio @ Kovan is located in Hougang, in the North-East Region of Singapore.

Spazio @ Kovan is a freehold apartment completed in 2016. It was developed by SPAZIO LAND PTE LTD. The development has 48 residential units. It sits on a land area of 1,816 sqm and has a gross floor area of 5,447 sqm. The plot ratio is 3.0.

SPAZIO @ KOVAN is located at 767 Upper Serangoon Road, Singapore 534635. 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 Serangoon MRT, approximately 766m away, around 12 minutes on foot. Nearby amenities include NEX for shopping, PRIME SUPERMARKET (1996) PTE LTD for groceries, Kovan Market & Food Centre for food options, and Jln Geneng Interim Pk for greenery and recreation.

5

How far is Spazio @ Kovan from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Spazio @ Kovan is Serangoon MRT, about 767 m away (~12 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.

  • Paya Lebar Methodist Girls' School (Secondary)Secondary schoolwithin 1 km861 m
  • Paya Lebar Methodist Girls' School (Primary)Primary schoolwithin 1 km · P1 priority939 m
  • St. Gabriel's Secondary SchoolSecondary schoolwithin 1 km947 m
  • Peicai Secondary SchoolSecondary school1.1 km
  • Zhonghua Primary SchoolPrimary school1.1 km
  • Zhonghua Secondary SchoolSecondary school1.2 km
  • Yangzheng Primary SchoolPrimary school1.3 km
  • Yuying Secondary SchoolSecondary school1.3 km

Shops, food & parks

Mall: Nex · 802 mSupermarket: Prime Supermarket (1996) Pte Ltd · 336 mHawker centre: Kovan Market & Food Centre · 987 mPark: Jln Geneng Interim Pk · 320 m

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

6

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

Key Takeaway

Buying a unit at Spazio @ Kovan (~S$888k) needs about S$6,500/mo in income and S$2,991/mo in repayments, after S$21,240 stamp duty and a S$222k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$888k) 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$21,240

BSD, tiered

Downpayment (25%)

S$222k

cash + CPF

Monthly instalment

S$2,991/mo

30y @ 3.5%

Income required

S$6,500/mo

TDSR @ stress rate

7

Frequently asked questions about Spazio @ Kovan

What is the price at Spazio @ Kovan?

Units at Spazio @ Kovan have recently transacted around S$888k (S$1,444 psf), from 64 sales on record (URA caveat data).

Is Spazio @ Kovan freehold or leasehold?

Spazio @ Kovan is freehold.

When was Spazio @ Kovan built?

Spazio @ Kovan obtained TOP in 2016, developed by SPAZIO LAND PTE LTD.

What is the rental yield at Spazio @ Kovan?

Gross rental yield at Spazio @ Kovan is about 3.1%, based on median current rents and prices.

How many units are in Spazio @ Kovan?

Spazio @ Kovan has 48 units across 1 block.

What is the nearest MRT to Spazio @ Kovan?

The nearest MRT/LRT station to Spazio @ Kovan is Serangoon MRT, about 767 m away (~12 min walk).

Which primary schools are within 1 km of Spazio @ Kovan?

Paya Lebar Methodist Girls' School (Primary) is within 1 km of Spazio @ Kovan — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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