District 19 · Hougang · OCR
Kovan 81
Kovan Road · Apartment · 999 yrs lease commencing from 1878
Current PSF
$0
-100.0% vs district median
Gross yield
-
median rent $4,075/mo
3-year gain
0.0%
Transactions · 5y
2
0 in last 12 months
Nearest MRT
Serangoon Mrt Station · 816.828m
CCL,NEL
Future MRT
Serangoon North Mrt Station
CRL · 2030
Vs local HDB
-
HDB median $608 psf
Area income
$8,500/mo median
residential zone
En-bloc potential56 / 100
148 years old · composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
-
flip ratio, last 24 months
Price spread
-
PSF dispersion within project
The neighbourhood
P1 ring
Nps International School (Primary Campus) 164m · Paya Lebar Methodist Girls' School (Primary) 900m · Phase 2C 1.2× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Paya Lebar Methodist Girls' School (Secondary) · 878m
Food
Hougang Street 21 Blk 209 (Kovan Hougang Market And Food Centre) · 937m
Green
Jln Geneng Interim Pk · 339m - 9 parks within 1km
Mall
Icb Shopping Centre · 114m
Health
Serangoon Polyclinic (polyclinic) · 687m
Who lives in Hougang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
227,560
Median age
43 yrs
46% under 40 · getting older
Children 0–9
18,560
▲ 1% since 2015 · future P1 demand
Household size
3.3 avg
Homes
75% HDB
13% condo · 10% landed
Degree holders
29%
residents 15+
Commute
59% transit
21% drive
45 min+ to work
30%
Price trend average PSF by year
2021
$1,198
2024
$969
-19.1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $3,900/mo | $3.39 | - | 10 |
Recent transactions URA, latest 2
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Apr 2024 | $1,680,000 | 1,733 | $969 | 01-05 |
| Oct 2021 | $1,290,000 | 1,076 | $1,198 | 01-05 |
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More in District 19
The HDB blocks next door
The entry point, measured: what the resale flats around Kovan 81 actually sell for - this project trades at 0.0× the nearest block’s PSF.