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Kovan Melody

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (77 yrs left) · Updated Jun 2026

Kovan Melody is a 99-year lease (77 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 118 recorded private transactions. Latest sale: $2,680,000 (Jun 2026, 131 sqm, floors 11-15). Median $1,455/sqft. Prices up 39.9% over the period. 77 years lease remaining.

Latest Sale
$2,680,000
Jun 2026 · 131 sqm
Median Price
$1,455/sqft
$1,749,000 typical unit
Transactions
118
$1,065–$1,954 psf
Price Trend
▲ 39.9%
~6.9% a year

Where Kovan Melody ranks in District 19

All 148 projects ›
Median psf
#57 / 148
Typical unit price
#26 / 148
Most recent sale
#10 / 148
Price growth
#17 / 126

Median psf over time

Estimate a unit at Kovan Melody

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

Estimated value
Project forward
Market growth +6.9%/yr
Lease decay −0.27%/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

77 yrs
Remaining lease
0.27%
Annual decay (Bala's Table)
2004
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.27% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,524 34
06-10 $1,376 35
11-15 $1,515 36
16-20 $1,626 13

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 11-15 Resale 131 sqm $2,680,000 $1,901
May 2026 16-20 Resale 113 sqm $2,360,000 $1,940
May 2026 01-05 Resale 84 sqm $1,528,000 $1,690
Apr 2026 01-05 Resale 98 sqm $1,680,000 $1,593
Apr 2026 11-15 Resale 114 sqm $2,398,000 $1,954
Mar 2026 01-05 Resale 157 sqm $2,738,000 $1,620
Mar 2026 11-15 Resale 84 sqm $1,618,888 $1,790
Mar 2026 16-20 Resale 141 sqm $2,800,000 $1,845
Dec 2025 01-05 Resale 113 sqm $2,050,000 $1,685
Dec 2025 01-05 Resale 120 sqm $2,330,000 $1,804
Nov 2025 11-15 Resale 113 sqm $2,200,000 $1,809
Oct 2025 11-15 Resale 121 sqm $2,480,000 $1,904
Oct 2025 01-05 Resale 114 sqm $2,080,000 $1,695
Oct 2025 06-10 Resale 115 sqm $2,175,000 $1,757
Sep 2025 11-15 Resale 116 sqm $2,280,000 $1,826
Aug 2025 06-10 Resale 84 sqm $1,500,000 $1,659
Jul 2025 01-05 Resale 84 sqm $1,420,000 $1,571
Jul 2025 01-05 Resale 114 sqm $2,145,000 $1,748
Jul 2025 06-10 Resale 84 sqm $1,530,000 $1,692
Jun 2025 11-15 Resale 121 sqm $2,400,000 $1,843
Jun 2025 01-05 Resale 84 sqm $1,525,000 $1,687
Jun 2025 06-10 Resale 114 sqm $2,250,000 $1,834
Apr 2025 11-15 Resale 114 sqm $2,150,000 $1,752
Apr 2025 06-10 Resale 120 sqm $2,188,000 $1,694
Mar 2025 11-15 Resale 122 sqm $2,415,000 $1,839
Showing 25 of 118 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Kovan Melody

Kovan Melody is a 99-year leasehold development with its lease commencing in 2004 and about 77 years remaining in District 19 (Serangoon Gardens / Hougang / Punggol), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 118 recorded transactions between 2021-06 and 2026-06, ranging from $1,080,000 to $2,800,000. The most recent transaction was a 131 sqm unit (floors 11-15) sold for $2,680,000 in 2026-06, and the median price is $1,455 per square foot. Prices here have risen sharply, by about 39.9% over the period (around 6.9% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 77 years remaining is 0.9293, an annual lease decay of about 0.27%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Kovan Melody cost?

The most recent transaction at Kovan Melody was $2,680,000 for a 131 sqm unit in 2026-06. The median price is $1,455 per square foot across 118 transactions, ranging from $1,080,000 to $2,800,000. Data sourced from URA.

Is Kovan Melody freehold or leasehold?

Kovan Melody is on a 99-year lease commencing in 2004, with approximately 77 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.27%.

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

The median price at Kovan Melody is $1,455 psf, with transactions ranging from $1,065 to $1,954 psf. This is based on 118 URA-recorded transactions in District 19.

Have prices at Kovan Melody gone up or down?

Prices at Kovan Melody have increased by approximately 39.9% over the data period (around 6.9% a year). The median price is currently $1,455 psf, with the most recent sale at $2,680,000 in 2026-06.