Home Buy All 2RM D19 - Hougang / Punggol / Sengkang2 Bed Condo for Sale in Kovan Melody

2 Bed Condo for Sale in Kovan Melody

27 Kovan Road 545023, Kovan, North-east Region, Singapore

$1,650,000

Added a month ago

CondoFor sale

Beds: 2Baths: 2Area: 1055 sqft

Above Market· 88.2% above market

+8View all

Nearest MRT Station

Kovan

North-East Line NE13

walk•

Property Details

Property IDGfFGkwB9eUHUB8HDiV6KdG

PriceS$1,650,000

Property TypeCondo

StatusFor sale

Beds2

Baths2

Built Area1055 sqft

PSF

S$1,564

Year Built2006

Furnished StatusUnknown

Description

Features & Amenities

Playground

Bbq

Wading pool

Swimming pool

Gym

Parking

Amphitheatre

Steam room

Lap pool

Clubhouse

Timber deck

Jacuzzi

Security

Tennis court

Fun pool

Fitness corner

Nearby Locations

The following locations are within radius of this property, with distance shown in kilometers.

MRT Stations

Kovan

North-East Line (NE13)

0.20km

Location

27 Kovan Road 545023, Kovan, North-east Region, Singapore

Loading map...

Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

132

Average Price

S1.7M

Total Value

S221.7M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 2428 URA transactions · 29 outliers removed (IQR)

Fair Value

S$876,920

S$831 psf

Asking Price

S$1.65M

S$1,564 psf

vs Market

+88.2%

Above Market

vs Last Done

+1.6%

Market Price

Tenure

79 yrs

99-year Leasehold · Balance remaining

Confidence

High

2428 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Kovan

197m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

2428 comparable transactions

S$1,588

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.508

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$831

Recent Comparable Transactions

10 shown · 2428 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	ROBEY CRESCENT Floor 01-05	517sqft	S$795,000	▲S$1,539 +85.2% vs FV	999 yrs lease commencing from 1875
Aug 2025	ROBEY CRESCENT Floor 01-05	517sqft	S$795,000	▲S$1,539 +85.2% vs FV	999 yrs lease commencing from 1875
Aug 2025	PARK VILLAS GREEN Floor -	3,142sqft	S$3,600,000	▲S$1,146 +37.9% vs FV	99 yrs lease commencing from 1994
Aug 2025	TAMPINES ROAD Floor 16-20	1,367sqft	S$3,000,008	▲S$2,195 +164.1% vs FV	Freehold
Aug 2025	CHARLTON LANE Floor -	2,723sqft	S$3,380,000	▲S$1,241 +49.3% vs FV	Freehold
Aug 2025	HOUGANG AVENUE 2 Floor 11-15	527sqft	S$935,000	▲S$1,773 +113.4% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	926sqft	S$1,818,000	▲S$1,964 +136.3% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	635sqft	S$1,100,000	▲S$1,732 +108.4% vs FV	99 yrs lease commencing from 2018
Aug 2025	HOUGANG AVENUE 2 Floor 06-10	936sqft	S$1,550,000	▲S$1,655 +99.2% vs FV	99 yrs lease commencing from 2018
Aug 2025	TAMPINES ROAD Floor 01-05	431sqft	S$663,800	▲S$1,542 +85.6% vs FV	99 yrs lease commencing from 2010
Aug 2025	KOVAN ROAD Floor 06-10	1,259sqft	S$2,480,000	▲S$1,969 +136.9% vs FV	99 yrs lease commencing from 2007

Last Done

ROBEY CRESCENT

Aug 2025 · Floor 01-05

▲S$1,539 psf

+85.2% vs FV

517 sqftS$795,000999 yrs lease commencing from 1875

ROBEY CRESCENT

Aug 2025 · Floor 01-05

▲S$1,539 psf

+85.2% vs FV

517 sqftS$795,000999 yrs lease commencing from 1875

PARK VILLAS GREEN

Aug 2025 · Floor -

▲S$1,146 psf

+37.9% vs FV

3,142 sqftS$3,600,00099 yrs lease commencing from 1994

TAMPINES ROAD

Aug 2025 · Floor 16-20

▲S$2,195 psf

+164.1% vs FV

1,367 sqftS$3,000,008Freehold

CHARLTON LANE

Aug 2025 · Floor -

▲S$1,241 psf

+49.3% vs FV

2,723 sqftS$3,380,000Freehold

HOUGANG AVENUE 2

Aug 2025 · Floor 11-15

▲S$1,773 psf

+113.4% vs FV

527 sqftS$935,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,964 psf

+136.3% vs FV

926 sqftS$1,818,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,732 psf

+108.4% vs FV

635 sqftS$1,100,00099 yrs lease commencing from 2018

HOUGANG AVENUE 2

Aug 2025 · Floor 06-10

▲S$1,655 psf

+99.2% vs FV

936 sqftS$1,550,00099 yrs lease commencing from 2018

TAMPINES ROAD

Aug 2025 · Floor 01-05

▲S$1,542 psf

+85.6% vs FV

431 sqftS$663,80099 yrs lease commencing from 2010

KOVAN ROAD

Aug 2025 · Floor 06-10

▲S$1,969 psf

+136.9% vs FV

1,259 sqftS$2,480,00099 yrs lease commencing from 2007

Below Fair Value

Above Fair Value

FV: S$831 psf

HELIOS AI Analysis

Based on 2428 URA transactions (29 outliers removed), adjusted for: Tenure decay (49.2% discount); MRT Kovan 197m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Calculating fair value from URA transaction data…

LIM HUI JING JASMINE

License: L3009643J

2 Bed Condo for Sale in Kovan Melody

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

Nearby Locations

MRT Stations

Kovan

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

LIM HUI JING JASMINE

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Home Report · AVM Fair Value