Kovan Residences
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.
Where Kovan Residences ranks in District 19
All 148 projects ›Median psf over time
Estimate a unit at Kovan Residences
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
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 band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,513 | 28 |
| 06-10 | $1,665 | 24 |
| 11-15 | $1,561 | 31 |
| 16-20 | $1,522 | 17 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jun 2026 | 16-20 | Resale | 117 sqm | $2,523,000 | $2,003 |
| May 2026 | 01-05 | Resale | 206 sqm | $3,050,000 | $1,376 |
| May 2026 | 01-05 | Resale | 134 sqm | $2,668,000 | $1,850 |
| Apr 2026 | 11-15 | Resale | 117 sqm | $2,545,000 | $2,021 |
| Mar 2026 | 11-15 | Resale | 88 sqm | $1,788,000 | $1,888 |
| Mar 2026 | 11-15 | Resale | 134 sqm | $2,700,000 | $1,872 |
| 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 |
About Kovan Residences
Kovan Residences is a 99-year leasehold development with its lease commencing in 2007 and about 80 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 100 recorded transactions 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) sold for $2,523,000 in 2026-06, and the median price is $1,554 per square foot. Prices here have risen sharply, by about 34.9% over the period (around 6.3% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold 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.