District 19 · Hougang · OCR
The Bently Residences@Kovan
Kovan Road · Apartment · Freehold
Current PSF
$1,293
-16.5% vs district median
Gross yield
5.2%
median rent $3,100/mo
3-year gain
-21.9%
Transactions · 5y
17
2 in last 12 months
Nearest MRT
Kovan Mrt Station · 597.171m
NEL
Future MRT
Serangoon North Mrt Station
CRL · 2030
Vs local HDB
+113% premium
HDB median $608 psf
Area income
$8,500/mo median
residential zone
En-bloc potential39 / 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
14%
PSF dispersion within project
The neighbourhood
P1 ring
Nps International School (Primary Campus) 236m - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Paya Lebar Methodist Girls' School (Secondary) · 964m
Food
Hougang Street 21 Blk 209 (Kovan Hougang Market And Food Centre) · 669m
Green
Richards Ave Pk · 385m - 9 parks within 1km
Mall
Icb Shopping Centre · 467m
Health
Serangoon Polyclinic (polyclinic) · 1.0km
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
2021
$1,416
2022
$1,340
-5.4%
2023
$1,655
+23.5%
2024
$1,657
+0.1%
2025
$1,674
+1%
2026
$1,293
-22.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $2,600/mo | $5.78 | 5.4% | 21 |
| 2BR | $3,100/mo | $5.64 | 5.2% | 29 |
| 3BR | $3,600/mo | $3.43 | 3.2% | 7 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| May 2026 | $2,160,000 | 1,668 | $1,295 | 01-05 |
| Apr 2026 | $2,780,000 | 2,153 | $1,291 | 01-05 |
| May 2025 | $1,860,000 | 1,130 | $1,646 | 01-05 |
| Feb 2025 | $1,080,000 | 635 | $1,701 | 01-05 |
| Nov 2024 | $1,010,000 | 592 | $1,706 | 01-05 |
| Sept 2024 | $1,030,000 | 592 | $1,740 | 01-05 |
| Jul 2024 | $1,785,000 | 1,130 | $1,579 | 01-05 |
| Mar 2024 | $1,638,000 | 1,023 | $1,602 | 01-05 |
| Dec 2023 | $980,000 | 592 | $1,655 | 01-05 |
| Nov 2022 | $1,630,000 | 1,076 | $1,514 | 01-05 |
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More in District 19
The HDB blocks next door
The entry point, measured: what the resale flats around The Bently Residences@Kovan actually sell for - this project trades at 1.8× the nearest block’s PSF.