Condo profile
Kovan Residences: what your unit is worth and what it rents for
Kovan Road · District 19 · Outside Central Region
A 99-year leasehold condo, a 4-minute walk from Kovan MRT. Over the last 12 months, units here averaged $1,837 psf and leased at a median of $5,500 a month.
Data refreshed 14 Nov 2026 Sales: URA caveats · Rentals: URA rental contracts · Refreshed weekly
How much is my Kovan Residences unit worth?
Based on 11 resale transactions in the last 12 months (URA):
- 2-Bedroom · 947 sq ft$1.75M – $1.79Mavg $1,868 psf · 2 sales
- 3-Bedroom · 1,259 sq ft$2.52M – $2.55Mavg $2,012 psf · 2 sales
- 4-Bedroom · 1,442–2,217 sq ft$2.67M – $3.25Mavg $1,778 psf · 7 sales
These are recent sale ranges, not a valuation. Floor, facing and condition move a unit within the range.
Get a valuation for my unitHow much can I rent out my Kovan Residences unit?
Based on 74 rental contracts in the last 12 months (URA):
- 2-Bedroom$4,000 – $4,200 a monthmedian $4,100 · 17 leases
- 3-Bedroom$5,400 – $5,700 a monthmedian $5,500 · 33 leases
- 4-Bedroom$6,725 – $7,800 a monthmedian $7,450 · 22 leases
- 5-Bedroom$13,625 – $15,875 a monthmedian $14,750 · 2 leases
Ranges show the middle half of leases. Furnishing, floor and lease timing move the rent you can ask.
Check my asking rent01 · Key facts
Kovan Residences at a glance
| Tenure | 99-year leasehold from 2007 |
|---|---|
| Remaining lease | About 80 years |
| District / region | D19 · Outside Central Region |
Source: URA, developer records. Lease remaining recalculated on each refresh.
02 · Melvin's view
Who this suits, and the trade-offs
Kovan Residences is on Kovan Road, about a 4-minute walk from Kovan MRT, with about 80 years left on a 99-year lease from 2007. Most resales in the past year were four-bedroom units, and three-bedrooms account for the largest number of leases. Hougang MRT is about a 21-minute walk. If you own a unit, compare recent resales of the same size and floor band before setting an asking price.
Works well for
- Buyers who want a large unit near an MRT station
- Landlords with three-bedroom units, the layout most tenants here lease
Worth weighing
- About 80 years remain on the lease, which affects CPF use and loan tenure
- Two- and three-bedroom resales are few, so price those by size rather than the average psf
Melvin Tan · ERA Realty Network · CEA R026686A
03 · Sale prices
What Kovan Residences units have sold for
Last 12 months · 11 caveats lodged
| Type | Sales | Avg psf | Price range | Size |
|---|---|---|---|---|
| 2-Bedroom | 2 | $1,868 | $1.75M – $1.79M | 947 sq ft |
| 3-Bedroom | 2 | $2,012 | $2.52M – $2.55M | 1,259 sq ft |
| 4-Bedroom | 7 | $1,778 | $2.67M – $3.25M | 1,442–2,217 sq ft |
Bedroom type matched by unit size, using the bedroom counts URA records for the same sizes in rental contracts.
Average psf by year
Kovan Residences resale transactions
2021 covers Dec–Dec only, from the developer launch. 2026 covers Jan–Sep.
Price spread, last 12 months
Lowest to highest psf transacted
Floor, facing and unit size explain most of the gap. A unit's own value can sit anywhere in this band.
Where does my stack sit? →Recent transactions
Newest first · URA reports month only · floor shown as a band| Date | Floor | Size | Price | psf | Type |
|---|---|---|---|---|---|
| Sep 2026 | 06-10 | 1,442 sq ft | $2.68M | $1,861 | Resale |
| Sep 2026 | 11-15 | 1,765 sq ft | $3.25M | $1,841 | Resale |
| Aug 2026 | 01-05 | 1,442 sq ft | $2.70M | $1,872 | Resale |
| Jun 2026 | 16-20 | 1,259 sq ft | $2.52M | $2,003 | Resale |
| May 2026 | 01-05 | 1,442 sq ft | $2.67M | $1,850 | Resale |
| May 2026 | 01-05 | 2,217 sq ft | $3.05M | $1,376 | Resale |
| Apr 2026 | 11-15 | 1,259 sq ft | $2.55M | $2,021 | Resale |
| Mar 2026 | 11-15 | 1,442 sq ft | $2.70M | $1,872 | Resale |
94 transactions recorded since Dec 2021
Source: URA private residential transactions (caveats lodged). Excludes transactions without caveats.
04 · Rent
What Kovan Residences units lease for
Leases in the last 12 months · 74 contracts
| Type | Leases | Median rent | Middle half | Est. gross yield |
|---|---|---|---|---|
| 2-Bedroom | 17 | $4,100 | $4,000 – $4,200 | Too few sales |
| 3-Bedroom | 33 | $5,500 | $5,400 – $5,700 | Too few sales |
| 4-Bedroom | 22 | $7,450 | $6,725 – $7,800 | 3.1% |
| 5-Bedroom | 2 | $14,750 | $13,625 – $15,875 | Too few sales |
How to read the yield
A year of median rent over the average sale price of the same period, before tax, maintenance and vacancy.
Own a unit here? Check your asking rent →Source: URA private residential rental contracts. Bedroom count is taken from the rental contract. No yield is shown where there were fewer than 3 sales.
05 · Lease
Lease remaining
~80 years left of 99
Remaining lease affects how much CPF can be used and the loan tenure available. Check with CPF Board and the bank for your own ages.
06 · Location
Getting around
Walking routes and times from OneMap, measured from Kovan Road. School bands use straight-line distance from Kovan Road; your own block may differ, so confirm with MOE before P1 registration. School list: MOE via data.gov.sg.
07 · Nearby
Compared with condos around it
Private condos nearby, last 12 months · URA data, same method
This condo
Kovan Residences
Closest with a page
Kovan Melody
The Minton
Stars of Kovan
Source: URA transactions and rental contracts.
What brings you to Kovan Residences?
Tell me where you stand and I will run the numbers for your unit or budget. Data first, no pressure.
08 · FAQ
Questions about Kovan Residences
How much is my Kovan Residences unit worth?
Over the last 12 months, 2-Bedroom units sold for $1.75M to $1.79M; 3-Bedroom units sold for $2.52M to $2.55M; 4-Bedroom units sold for $2.67M to $3.25M, based on 11 URA-recorded resale transactions averaging $1,837 psf. Floor, facing and condition move a unit within these ranges, so ask for a valuation of your own stack.
How much can I rent out my Kovan Residences unit?
Most leases in the last 12 months fell in these monthly ranges: 2-Bedroom $4,000 to $4,200; 3-Bedroom $5,400 to $5,700; 4-Bedroom $6,725 to $7,800; 5-Bedroom $13,625 to $15,875. The overall median was $5,500 a month across 74 URA-recorded contracts.
What is the average psf at Kovan Residences?
11 resale transactions in the last 12 months averaged $1,837 psf, ranging from $1,376 to $2,021 psf.
What did the latest unit sell for?
A 1,442 sq ft unit on floors 06-10 sold for $2.68M ($1,861 psf) in Sep 2026.
How many years are left on the lease?
About 80 years. It is a 99-year lease from 2007, ending in 2106.
What is the nearest train station?
Kovan MRT (NE13), about a 4-minute walk (332 m). Hougang MRT (NE14) is about a 21-minute walk (1701 m).
Which primary schools are within 1 km?
Xinghua Primary School (670 m), measured straight-line from Kovan Road. Confirm the distance for your block with MOE.
About this data
Sale and rental figures contain information from the URA Data Service, processed by Melvin Tan Property. Walking routes from OneMap; school list from MOE via data.gov.sg. URA publishes caveats and rental contracts with a lag, so the latest weeks may be incomplete. Figures are indicative, not a valuation, and do not predict future prices. Please verify before making any decision.