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Kovan Residences

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (80 yrs left) · Updated Jun 2026

Kovan Residences is a 99-year lease (80 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 100 recorded private transactions. Latest sale: $2,523,000 (Jun 2026, 117 sqm, floors 16-20). Median $1,554/sqft. Prices up 34.9% over the period. 80 years lease remaining.

Latest Sale
$2,523,000
Jun 2026 · 117 sqm
Median Price
$1,554/sqft
$2,322,500 typical unit
Transactions
100
$927–$2,021 psf
Price Trend
▲ 34.9%
~6.3% a year

Where Kovan Residences ranks in District 19

All 147 projects ›
Median psf
Top 25%
#37 / 147 Top 25%
Typical unit price
Top 4%
#6 / 147 Top 4%
Most recent sale
Top 10%
#15 / 147 Top 10%
Price growth
Top 25%
#31 / 126 Top 25%

Median psf over time

Estimate a unit at Kovan Residences

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +6.3%/yr
Lease decay −0.24%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

80 yrs
Remaining lease
0.24%
Annual decay (Bala's Table)
2007
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.24% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,513 28
06-10 $1,665 24
11-15 $1,561 31
16-20 $1,522 17

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 16-20 Resale 117 sqm $2,523,000 $2,003
May 2026 01-05 Resale 134 sqm $2,668,000 $1,850
May 2026 01-05 Resale 206 sqm $3,050,000 $1,376
Apr 2026 11-15 Resale 117 sqm $2,545,000 $2,021
Mar 2026 11-15 Resale 134 sqm $2,700,000 $1,872
Mar 2026 11-15 Resale 88 sqm $1,788,000 $1,888
Feb 2026 01-05 Resale 88 sqm $1,750,000 $1,848
Jan 2026 01-05 Resale 165 sqm $3,158,000 $1,778
Nov 2025 06-10 Resale 82 sqm $1,635,000 $1,852
Nov 2025 16-20 Resale 117 sqm $2,538,000 $2,015
Nov 2025 16-20 Resale 117 sqm $2,542,000 $2,018
Oct 2025 06-10 Resale 119 sqm $2,520,000 $1,967
Sep 2025 06-10 Resale 88 sqm $1,735,000 $1,832
Aug 2025 06-10 Resale 117 sqm $2,428,000 $1,928
Aug 2025 06-10 Resale 117 sqm $2,480,000 $1,969
Jul 2025 11-15 Resale 82 sqm $1,628,000 $1,844
Jun 2025 01-05 Resale 164 sqm $3,200,000 $1,813
May 2025 06-10 Resale 82 sqm $1,600,000 $1,813
May 2025 16-20 Resale 167 sqm $3,280,000 $1,825
May 2025 16-20 Resale 441 sqm $4,399,000 $927
Mar 2025 11-15 Resale 82 sqm $1,588,000 $1,799
Mar 2025 11-15 Resale 118 sqm $2,560,000 $2,016
Mar 2025 06-10 Resale 82 sqm $1,490,000 $1,688
Feb 2025 01-05 Resale 117 sqm $2,350,000 $1,866
Feb 2025 06-10 Resale 117 sqm $2,430,000 $1,930
Showing 25 of 100 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Kovan Residences is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Kovan Residences, with their median resale psf. Useful for comparing what Kovan Residences costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Kovan Residences

Prices at Kovan Residences in District 19 (Serangoon Gardens / Hougang / Punggol) have risen sharply, up about 34.9% over the data window (around 6.3% a year). Its $1,554 psf median runs about 11% above the District 19 median, ahead of around 76% of projects there. It has a busy transaction history, with 100 sales between 2021-07 and 2026-06, ranging from $1,190,000 to $4,399,000. The most recent transaction was a 117 sqm unit (floors 16-20) at $2,523,000 in Jun 2026, and the median is $1,554 psf. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 80 years remaining is 0.9362, an annual lease decay of about 0.24%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Kovan Residences cost?

The most recent transaction at Kovan Residences was $2,523,000 for a 117 sqm unit in 2026-06. The median price is $1,554 per square foot across 100 transactions, ranging from $1,190,000 to $4,399,000. Data sourced from URA.

Is Kovan Residences freehold or leasehold?

Kovan Residences is on a 99-year lease commencing in 2007, with approximately 80 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.24%.

What is the price per square foot (psf) at Kovan Residences?

The median price at Kovan Residences is $1,554 psf, with transactions ranging from $927 to $2,021 psf. This is based on 100 URA-recorded transactions in District 19.

Have prices at Kovan Residences gone up or down?

Prices at Kovan Residences have increased by approximately 34.9% over the data period (around 6.3% a year). The median price is currently $1,554 psf, with the most recent sale at $2,523,000 in 2026-06.