FreeholdOCRDistrict 19 (Hougang)

Spazio @ Kovan

Reviewed by Nathan TangUpdated 10 August 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. Across 64 transactions on record, units have recently transacted around S$888k (S$1,444 psf, ~624 sqft). There are 2 units for sale from S$730k to S$1.65M.

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$2,324

186 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 186 rentals on record since Apr 2013. Source: URA.

4

Are prices at Spazio @ Kovan rising?

Key Takeaway

The median transacted PSF at Spazio @ Kovan has risen 14% over the past 11 years (20132024), from S$1,288 psf to S$1,463 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,463 psfS$945k5+8.5%
2023S$1,348 psfS$888k4-5.3%
2022S$1,424 psfS$760k5+1.0%
2021S$1,410 psfS$685k3+28.8%
2018S$1,095 psfS$1.23M3-15.0%
2013S$1,288 psfS$788k43

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 Spazio @ Kovan?

Key Takeaway

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

Key Takeaway

Spazio @ Kovan has 2 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$730k–S$730k
3-bedroom1S$1.65M–S$1.65M
7

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.

8

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

Key Takeaway

Spazio @ Kovan was developed by SPAZIO LAND PTE LTD, designed by JGP ARCHITECTURE (S) PTE LTD, with 48 units over up to 5 storeys.

Developer
SPAZIO LAND PTE LTD
Architect
JGP ARCHITECTURE (S) PTE LTD
Main contractor
SPAZIO CONSTRUCTION PTE LTD
Floors
5 storeys
Blocks
1
Land area
1,816 sqm (19,547 sqft)
Gross floor area
5,447 sqm (58,631 sqft)
Plot ratio
3.00
9

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.

10

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

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 Spazio @ Kovan? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Spazio @ Kovan

How much does a unit at Spazio @ Kovan cost?

Units at Spazio @ Kovan have recently transacted around S$888k (S$1,444 psf), from 64 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$888k as a first home, you'd need roughly S$6,500/mo in income (assessed at the stress-test rate), with repayments near S$2,991/mo after a S$222k (25%) downpayment and S$21,240 Buyer's Stamp Duty.

Is Spazio @ Kovan a good investment?

Gross rental yield is about 3.1%; median PSF has risen about 14% since 2013. 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 Spazio @ Kovan going up?

The median transacted PSF at Spazio @ Kovan has risen about 14% between 2013 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Spazio @ Kovan freehold or leasehold?

Spazio @ Kovan is freehold — ownership does not expire.

When was Spazio @ Kovan built and who developed it?

Spazio @ Kovan obtained TOP in 2016, developed by SPAZIO LAND PTE LTD, with 48 units across 1 block.

How many units are for sale at Spazio @ Kovan?

There are 2 units for sale at Spazio @ Kovan, from S$730k to S$1.65M.

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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