District 19 · Serangoon · OCR
Space @ Kovan
Yio Chu Kang Road · Apartment · Freehold
Current PSF
$1,611
+4.1% vs district median
Gross yield
3.7%
median rent $2,900/mo
3-year gain
9.5%
Transactions · 5y
36
5 in last 12 months
Nearest MRT
Serangoon Mrt Station · 649.176m
CCL,NEL
Future MRT
Serangoon North Mrt Station
CRL · 2030
Vs local HDB
+146% premium
HDB median $655 psf
Area income
$11,500/mo median
commercial zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
+0.8%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
10%
PSF dispersion within project
The neighbourhood
P1 ring
Nps International School (Primary Campus) 292m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Saint Gabriel'S Secondary School · 908m
Food
Hougang Street 21 Blk 209 (Kovan Hougang Market And Food Centre) · 1.1km
Green
Boundary Road Park · 239m - 7 parks within 1km
Mall
Icb Shopping Centre · 101m
Health
Serangoon Polyclinic (polyclinic) · 513m
Who lives in Serangoon
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
116,900
Median age
45 yrs
44% under 40 · getting older
Children 0–9
7,930
▼ 13% since 2015 · future P1 demand
Household size
3.4 avg
Homes
55% HDB
14% condo · 31% landed
Degree holders
40%
residents 15+
Commute
54% transit
30% drive
45 min+ to work
23%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,308
2022
$1,389
+6.2%
2023
$1,439
+3.6%
2024
$1,474
+2.4%
2025
$1,635
+10.9%
2026
$1,575
-3.7%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $2,500/mo | $5.56 | 4.1% | 112 |
| 2BR | $3,100/mo | $4.77 | 3.6% | 152 |
| 3BR | $3,800/mo | $3.62 | 2.7% | 19 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $783,666 | 549 | $1,428 | 01-05 |
| Apr 2026 | $1,140,000 | 743 | $1,535 | 01-05 |
| Mar 2026 | $740,000 | 420 | $1,763 | 01-05 |
| Sept 2025 | $1,070,000 | 635 | $1,685 | 01-05 |
| Sept 2025 | $708,000 | 431 | $1,644 | 01-05 |
| Jul 2025 | $725,000 | 431 | $1,684 | 01-05 |
| Apr 2025 | $920,000 | 635 | $1,449 | 01-05 |
| Feb 2025 | $720,000 | 420 | $1,715 | 01-05 |
| Nov 2024 | $1,400,000 | 1,087 | $1,288 | 01-05 |
| Nov 2024 | $915,000 | 624 | $1,466 | 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 Space @ Kovan actually sell for - this project trades at 2.0× the nearest block’s PSF.