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.
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 unitHow 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 rent01 · Key facts
Kovan Melody at a glance
| Tenure | 99-year leasehold from 2004 |
|---|---|
| Remaining lease | About 77 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 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
| Type | Sales | Avg psf | Price range | Size |
|---|---|---|---|---|
| 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
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 | 11-15 | 1,227 sq ft | $2.32M | $1,891 | Resale |
| Aug 2026 | 06-10 | 872 sq ft | $1.53M | $1,753 | Resale |
| Aug 2026 | 11-15 | 1,292 sq ft | $2.52M | $1,947 | Resale |
| Aug 2026 | 16-20 | 904 sq ft | $1.66M | $1,836 | Resale |
| Jul 2026 | 11-15 | 1,410 sq ft | $2.85M | $2,021 | Resale |
| Jul 2026 | 01-05 | 1,227 sq ft | $2.32M | $1,891 | Resale |
| Jun 2026 | 06-10 | 1,227 sq ft | $2.20M | $1,793 | Resale |
| Jun 2026 | 06-10 | 1,292 sq ft | $2.38M | $1,843 | Resale |
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
| Type | Leases | Median rent | Middle half | Est. 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
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 Melody
Closest
Stars of Kovan
The Florence Residences
Affinity at Serangoon
Source: URA transactions and rental contracts.
What brings you to Kovan Melody?
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 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.