Condo profile

Kovan Melody: what your unit is worth and what it rents for

Kovan Road · District 19 · Outside Central Region

A 99-year leasehold condo, a 2-minute walk from Kovan MRT. Over the last 12 months, units here averaged $1,821 psf and leased at a median of $5,000 a month.

$1,821Avg psf, last 12 months
19Sales, last 12 months
$5,000Median rent a month
2.8%Est. gross yield

Data refreshed 13 Nov 2026 Sales: URA caveats · Rentals: URA rental contracts · Refreshed weekly

How much is my Kovan Melody unit worth?

Based on 19 resale transactions in the last 12 months (URA):

  • 2-Bedroom · 872–1,055 sq ft$1.53M – $1.68Mavg $1,732 psf · 5 sales
  • 3-Bedroom · 1,216–1,690 sq ft$2.05M – $2.74Mavg $1,833 psf · 11 sales
  • 4-Bedroom · 1,410–1,518 sq ft$2.68M – $2.85Mavg $1,922 psf · 3 sales

These are recent sale ranges, not a valuation. Floor, facing and condition move a unit within the range.

Get a valuation for my unit

How much can I rent out my Kovan Melody unit?

Based on 110 rental contracts in the last 12 months (URA):

  • 2-Bedroom$4,000 – $4,200 a monthmedian $4,150 · 37 leases
  • 3-Bedroom$5,000 – $5,300 a monthmedian $5,200 · 65 leases
  • 4-Bedroom$5,750 – $6,313 a monthmedian $6,100 · 8 leases

Ranges show the middle half of leases. Furnishing, floor and lease timing move the rent you can ask.

Check my asking rent

01 · Key facts

Kovan Melody at a glance

Tenure99-year leasehold from 2004
Remaining leaseAbout 77 years
District / regionD19 · 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 Melody is on Kovan Road, two minutes on foot from Kovan MRT, a North East Line station. Its 99-year lease began in 2004, leaving about 77 years, and units on record run from two-bedrooms of about 870 sq ft to three- and four-bedrooms of up to about 1,700 sq ft. Three-bedroom units account for most resales and most leases here. If you own a unit, compare recent resales of the same layout and floor band before setting an asking price.

Works well for

  • Landlords with three-bedroom units, the layout most tenants here lease
  • Buyers who want an MRT station at the doorstep

Worth weighing

  • About 77 years remain on the lease, which affects CPF use and loan tenure
  • Four-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 Melody units have sold for

Last 12 months · 19 caveats lodged

TypeSalesAvg psfPrice rangeSize
2-Bedroom 5 $1,732 $1.53M – $1.68M 872–1,055 sq ft
3-Bedroom 11 $1,833 $2.05M – $2.74M 1,216–1,690 sq ft
4-Bedroom 3 $1,922 $2.68M – $2.85M 1,410–1,518 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 Melody resale transactions

2021 covers Nov–Dec only, the start of the URA feed. 2026 covers Jan–Sep.

Price spread, last 12 months

Lowest to highest psf transacted

$1,593Avg $1,821$2,021

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
Sep 20261,227 sq ft · Floor 11-15
$2.32M$1,891 psf · Resale
Aug 2026872 sq ft · Floor 06-10
$1.53M$1,753 psf · Resale
Aug 20261,292 sq ft · Floor 11-15
$2.52M$1,947 psf · Resale
Aug 2026904 sq ft · Floor 16-20
$1.66M$1,836 psf · Resale
Jul 20261,410 sq ft · Floor 11-15
$2.85M$2,021 psf · Resale
Jul 20261,227 sq ft · Floor 01-05
$2.32M$1,891 psf · Resale
Jun 20261,227 sq ft · Floor 06-10
$2.20M$1,793 psf · Resale
Jun 20261,292 sq ft · Floor 06-10
$2.38M$1,843 psf · Resale
DateFloorSizePricepsfType
Sep 202611-151,227 sq ft$2.32M$1,891Resale
Aug 202606-10872 sq ft$1.53M$1,753Resale
Aug 202611-151,292 sq ft$2.52M$1,947Resale
Aug 202616-20904 sq ft$1.66M$1,836Resale
Jul 202611-151,410 sq ft$2.85M$2,021Resale
Jul 202601-051,227 sq ft$2.32M$1,891Resale
Jun 202606-101,227 sq ft$2.20M$1,793Resale
Jun 202606-101,292 sq ft$2.38M$1,843Resale

114 transactions recorded since Nov 2021

Source: URA private residential transactions (caveats lodged). Excludes transactions without caveats.

04 · Rent

What Kovan Melody units lease for

Leases in the last 12 months · 110 contracts

TypeLeasesMedian rentMiddle halfEst. gross yield
2-Bedroom 37 $4,150 $4,000 – $4,200 3.1%
3-Bedroom 65 $5,200 $5,000 – $5,300 2.7%
4-Bedroom 8 $6,100 $5,750 – $6,313 2.6%

How to read the yield

A year of median rent over the average sale price of the same period, before tax, maintenance and vacancy. At an older leasehold, part of a higher yield reflects the shorter remaining lease rather than a better buy.

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

~77 years left of 99

Lease from 2004Ends 2103

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

RailKovan MRT (NE13)138 m · 2 min
RailHougang MRT (NE14)1860 m · 23 min
RailSerangoon MRT (NE12/CC13)2162 m · 26 min
1–2 kmHoly Innocents' Primary School1.3 km · 21 min walk
1–2 kmHougang Primary School1.9 km · 33 min walk
1–2 kmMontfort Junior School1.6 km · 26 min walk
1–2 kmPaya Lebar Methodist Girls' School (primary)1.1 km · 20 min walk
1–2 kmRosyth School1.7 km · 29 min walk
≤ 1 kmXinghua Primary School751 m · 12 min walk
1–2 kmXinmin Primary School1.3 km · 21 min walk
1–2 kmYio Chu Kang Primary School2.0 km · 32 min walk
1–2 kmZhonghua Primary School1.6 km · 26 min walk

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 Melody

Condominium · 99-yr from 2004

$1,821avg psf
$5,000median rent

Closest

Stars of Kovan

450 m · Apartment · 99-yr from 2015

$1,922avg psf
$3,800median rent

The Florence Residences

790 m · Apartment · 99-yr from 2018

$1,895avg psf
$3,300median rent

Affinity at Serangoon

1.3 km · Apartment · 99-yr from 2018

$1,815avg psf
$3,000median rent

Source: URA transactions and rental contracts.

08 · FAQ

Questions about Kovan Melody

How much is my Kovan Melody unit worth?

Over the last 12 months, 2-Bedroom units sold for $1.53M to $1.68M; 3-Bedroom units sold for $2.05M to $2.74M; 4-Bedroom units sold for $2.68M to $2.85M, based on 19 URA-recorded resale transactions averaging $1,821 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 Melody unit?

Most leases in the last 12 months fell in these monthly ranges: 2-Bedroom $4,000 to $4,200; 3-Bedroom $5,000 to $5,300; 4-Bedroom $5,750 to $6,313. The overall median was $5,000 a month across 110 URA-recorded contracts.

What is the average psf at Kovan Melody?

19 resale transactions in the last 12 months averaged $1,821 psf, ranging from $1,593 to $2,021 psf.

What did the latest unit sell for?

A 1,227 sq ft unit on floors 11-15 sold for $2.32M ($1,891 psf) in Sep 2026.

How many years are left on the lease?

About 77 years. It is a 99-year lease from 2004, ending in 2103.

What is the nearest train station?

Kovan MRT (NE13), about a 2-minute walk (138 m). Hougang MRT (NE14) is about a 23-minute walk (1860 m).

Which primary schools are within 1 km?

Xinghua Primary School (751 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.