FreeholdOCRDistrict 19 (Hougang)

Spazio @ Kovan

Reviewed by Nathan TangUpdated 24 September 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 3 units for sale from S$730k to S$1.65M.

Key facts about Spazio @ Kovan
TenureFreehold
TOP year2016
DeveloperSPAZIO LAND PTE LTD
Units48 in 1 block
District and areaDistrict 19 · Hougang · OCR
Nearest MRTSerangoon MRT, 767 m (~12 min walk)
Latest median psfS$1,444 psf, last 12 URA caveats to Nov 2025
1

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

Key Takeaway

Spazio @ Kovan has 3 units listed for sale, asking S$730k to S$1.65M, and 3 units for rent at a median of S$3,200 a month.

For sale

3 listings

S$730k – S$1.65M

For rent

3 listings

S$2,900 – S$3,200 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$730k–S$730k
2-bedroom1S$890k–S$890k
3-bedroom1S$1.65M–S$1.65M

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

2

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

Key Takeaway

Floor plans for Spazio @ Kovan aren't in PropKaki's library yet. Across 64 URA caveats, units range from 420 sqft to 1,442 sqft, and the middle half are 495 sqft to 1,023 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom420 sqftS$730k
2-bedroom474 sqftS$890k
3-bedroom1,442 sqftS$1.65M

Check the Floor Plan Finder for Spazio @ Kovan →

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

3

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.

4

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.

5

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.

6

Is Spazio @ Kovan a good investment?

Key Takeaway

Of 20 units at Spazio @ Kovan that were bought and later resold (bought from 2013, resold up to 2025), 100% sold for more than they were bought for, with a median gain of 13% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.1%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 20 resales here

Median gain

13%

gross, before costs

Median hold

8.8 years

bought to resold

Every unit at Spazio @ 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

11

How many property agents are active around Spazio @ Kovan?

Key Takeaway

11,112 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

11,112

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 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…
12

Frequently asked questions about Spazio @ Kovan

Is Spazio @ Kovan freehold?

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

How old is Spazio @ Kovan?

Spazio @ Kovan was completed (obtained TOP) in 2016, so it is about 10 years old.

Is Spazio @ Kovan a good investment?

Of 20 units at Spazio @ Kovan that were bought and later resold (bought from 2013, resold up to 2025), 100% sold for more than they were bought for, with a median gain of 13% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.1%. Past resale results don't predict future returns, and this is not financial advice.

Is Spazio @ Kovan an EC?

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

Who is the developer of Spazio @ Kovan?

Spazio @ Kovan was developed by SPAZIO LAND PTE LTD.

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

Units at Spazio @ Kovan have recently sold for around S$888k (S$1,444 psf), the median of the last 12 URA caveats to Nov 2025. The price depends on size, floor and facing. 3 units are listed for sale from S$730k to S$1.65M.

Where is Spazio @ Kovan located?

Spazio @ Kovan is at 767 Upper Serangoon Road, Singapore 534635, in Hougang (District 19). The nearest MRT station is Serangoon MRT, about 767 m away.

How many units are there in Spazio @ Kovan?

Spazio @ Kovan has 48 units in 1 block, up to 5 storeys high.

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.

Are prices at Spazio @ Kovan going up?

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

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 get priority in Primary 1 (P1) registration.