District 19 · Hougang · OCR
Kovan Esquire
Kovan Road · Apartment · Freehold
Current PSF
$1,558
+0.6% vs district median
Gross yield
2.4%
median rent $3,225/mo
3-year gain
19.8%
Transactions · 5y
2
1 in last 12 months
Nearest MRT
Kovan Mrt Station · 487.076m
NEL
Future MRT
Serangoon North Mrt Station
CRL · 2030
Vs local HDB
+156% premium
HDB median $608 psf
Area income
$8,500/mo median
residential zone
En-bloc potential31 / 100
· 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
0.0%
flip ratio, last 24 months
Price spread
-
PSF dispersion within project
The neighbourhood
P1 ring
Nps International School (Primary Campus) 341m · Paya Lebar Methodist Girls' School (Primary) 965m · 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) · 909m
Food
Hougang Street 21 Blk 209 (Kovan Hougang Market And Food Centre) · 552m
Green
Richards Ave Pk · 320m - 9 parks within 1km
Mall
Heartland Mall-Kovan · 469m
Health
Serangoon Polyclinic (polyclinic) · 1.1km
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%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2023
$1,301
2025
$1,558
+19.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $3,060/mo | $2.91 | 2.2% | 23 |
Recent transactions URA, latest 2
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Aug 2025 | $1,560,000 | 1,001 | $1,558 | 01-05 |
| Dec 2023 | $1,400,000 | 1,076 | $1,301 | 01-05 |
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Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
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More in District 19
The HDB blocks next door
The entry point, measured: what the resale flats around Kovan Esquire actually sell for - this project trades at 2.1× the nearest block’s PSF.