Swee Homes

Kovan Residences

Kovan Residences is a condominium in District 19 (Hougang / Punggol / Sengkang), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,872 psf from 14 sales.

At a glance

District
District 19 (Hougang / Punggol / Sengkang)
Region
Outside Central Region
Type
Condominium
Tenure
99-year lease from 2007, about 80 years left
Completed
2011, about 15 years old

What the prices say

The median home in Kovan Residences sold for S$2,540,000: the middle of 14 sales in the 12 months to August 2026.

That is well above the middle condo project in District 19 (Hougang / Punggol / Sengkang), which sold at S$1,550 psf across 132 projects: about 21% higher. By price per square foot it ranks 15th of the 74 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,273 psf in 2021 (28 sales) and S$1,872 psf in 2026 so far (9 sales), up about 47%. The highest year in the record was 2025 at S$1,838 psf.

Higher floors sold for more here: floors 16 to 20 at S$1,914 psf against S$1,828 psf on floors 1 to 5, about 5% more per square foot (24 months).

By unit size (24 months): 600 to 899 sq ft at S$1,807 psf, 1,200 to 1,499 sq ft at S$1,938 psf and 1,500 sq ft and over at S$1,733 psf. Smaller homes cost more per square foot than larger ones.

Against similar projects in the district

This project and the three others in District 19 (Hougang / Punggol / Sengkang) whose median over the last 12 months is closest to Kovan Residences' S$1,872 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,854 psf, about the same as Kovan Residences (within 1%).

Projects in District 19 (Hougang / Punggol / Sengkang) closest in price to Kovan Residences, 12 months to August 2026
ProjectMedian price per sq ftSales
Kovan ResidencesS$1,872 psf14
Bartley ResidencesS$1,854 psf30
TriliveS$1,890 psf9
Affinity at SerangoonS$1,853 psf80

What sells here

14 homes sold in the last 12 months, down from 21 in the 12 months before.

The most common size was 1,200 to 1,499 sq ft, with 16 of the 35 sales in the last 24 months, close to half.

None of the 35 sales in the last 24 months were first sales of new units: all 35 were resales.

The first new sale in our records was in July 2008.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$5,500 a month (76 contracts). The district's median across every contract was S$3,600, so rents here ran well above it: about 53% higher.

Over the 24 months the median rent was S$5,500 (146 contracts), the same as the latest 12 months.

By bedrooms: 2 bedrooms S$4,100 (20), 3 bedrooms S$5,500 (33) and 4 or more bedrooms S$7,500 (23). The figure in brackets is the number of contracts.

Setting rent against price for 1,200 to 1,499 sq ft homes (37 rentals and 8 resale or sub-sale transactions) gives a gross yield estimate of 2.6%: a median rent of S$5,500 a month against a median price of S$2,543,500. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Age and lease

41 other projects in District 19 (Hougang / Punggol / Sengkang) were completed within 5 years of Kovan Residences and have a price. Their middle price was S$1,579 psf, so Kovan Residences sold well above projects of a similar age: about 19% higher.

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Kovan Residences. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Kovan Residences?

S$1,872 psf in the 12 months to August 2026, from 14 sales. For the median home that is S$2,540,000.

How many homes sold in Kovan Residences?

14 in the last 12 months and 35 in the last 24 months, across all sale types.

What do homes in Kovan Residences rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$5,500 a month, from 76 contracts.

What is the rental yield in Kovan Residences?

Between 2.6% and 2.6% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in Kovan Residences?

It is a 99-year lease from 2007, which leaves about 80 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Kovan Residences
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,872 psfS$2,540,00014
Last 24 monthsS$1,844 psfS$2,520,00035
Last 5 yearsS$1,563 psfS$2,344,44496

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Kovan Residences
YearMedian price per sq ftSales
2021S$1,273 psf28
2022S$1,473 psf28
2023S$1,560 psf18
2024S$1,731 psf16
2025S$1,838 psf20
2026 (to August)S$1,872 psf9

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Kovan Residences, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,828 psf10
Floors 6 to 10S$1,842 psf10
Floors 11 to 15S$1,872 psf9
Floors 16 to 20S$1,914 psf6

Price by unit size

Median price per sq ft by unit size for Kovan Residences, last 24 months
SizeMedian price per sq ftSales
600 to 899 sq ftS$1,807 psf7
1,200 to 1,499 sq ftS$1,938 psf16
1,500 sq ft and overS$1,733 psf9

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for Kovan Residences, by size

Rents

Rents for Kovan Residences
PeriodMedian rentContracts
Last 12 monthsS$5,500 a month76
Last 24 monthsS$5,500 a month146
Rents for Kovan Residences by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$4,100 a month20S$4,050 a month
3 bedroomsS$5,500 a month33S$5,500 a month
4 or more bedroomsS$7,500 a month23S$7,450 a month

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Kovan Residences, with a likely range and the recent sales behind it. Sign in is free.

Open Kovan Residences in Condo Atlas

Other condos in District 19 (Hougang / Punggol / Sengkang)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.