7 Kovan Road 544896, Kovan, North-east Region, Singapore
$8,200 /month

















Rare Gem! Just opposite Heartland Mall, Kovan MRT, and a wide range of shops, restaurants and amenities. 4+m bedrooms plus study room and a store room Comes with 2 ensuites , 1 common bathroom and a Helpers washroom Wet and dry kitchen Bright and Breezy… High Floor Corner. Only 4 units per level. Spacious living rooms and bedrooms Comes with Balcony... Direct Facing Pool No West Sun Kovan Residences is a 99-year leasehold development located at 1 Kovan Road, Singapore 544915, in District 19, just across Kovan MRT Station. The expected completion date is in 2013 and it will comprise 521 units. Kovan Residences is close to Parry Avenue Park and Crocodile Farm. Condo Facilities at Kovan Residences Facilities at Kovan Residences include swimming pool, sauna, BBQ pits, meeting room, and playground. Condo Amenities near Kovan Residences Numerous feeder bus services are available near Kovan Residences. It is also just minutes ride to several schools, such as Serangoon Junior College, Xinmin Secondary School, and Bowen Secondary School. Residents can head down to the nearby shopping malls like Heartland Mall or the Kovan Hougang Market and Food Centre to purchase daily necessities and more. For vehicle owners, driving from Kovan Residences to either the business hub or the vibrant Orchard Road shopping district takes 15 - 20 minutes, via Central Expressway.
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
113
Average Price
S2.2M
Total Value
S243.7M
Calculating fair value from URA transaction data…


License: L3002382K
Estimated sale value based on 2013 URA transactions · 38 outliers removed (IQR)
Fair Value
S$1.97M
S$1,060 psf
Asking Price
S$8,200
S$5 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
-99.7%
Tenure
84 yrs
99-year Leasehold · Balance remaining
Confidence
High
2013 comps
Nearest MRT
Kovan
115m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2013 comparable transactions
S$1,619
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.611
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
+4%
Adjusted Fair Value PSF
S$1,060
Recent Comparable Transactions
10 shown · 2013 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | ROBEY CRESCENT Floor 01-05 | 517sqft | S$795,000 | ▲S$1,539 +45.2% vs FV | 999 yrs lease commencing from 1875 |
Aug 2025 | ROBEY CRESCENT Floor 01-05 | 517sqft | S$795,000 | ▲S$1,539 +45.2% vs FV | 999 yrs lease commencing from 1875 |
Aug 2025 | LORONG 1 REALTY PARK Floor - | 1,874sqft | S$4,150,000 | ▲S$2,214 +108.9% vs FV | 999 yrs lease commencing from 1876 |
Aug 2025 | PARK VILLAS GREEN Floor - | 3,142sqft | S$3,600,000 | ▲S$1,146 +8.1% vs FV | 99 yrs lease commencing from 1994 |
Aug 2025 | LORONG 1 REALTY PARK Floor - | 4,510sqft | S$3,700,000 | ▼S$820 -22.6% vs FV | 99 yrs lease commencing from 2017 |
Aug 2025 | LORONG 1 REALTY PARK Floor - | 4,510sqft | S$4,018,000 | ▼S$891 -15.9% vs FV | 99 yrs lease commencing from 2017 |
Aug 2025 | TAMPINES ROAD Floor 16-20 | 1,367sqft | S$3,000,008 | ▲S$2,195 +107.1% vs FV | Freehold |
Aug 2025 | CHARLTON LANE Floor - | 2,723sqft | S$3,380,000 | ▲S$1,241 +17.1% vs FV | Freehold |
Aug 2025 | HOUGANG AVENUE 2 Floor 11-15 | 527sqft | S$935,000 | ▲S$1,773 +67.3% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 926sqft | S$1,818,000 | ▲S$1,964 +85.3% vs FV | 99 yrs lease commencing from 2018 |
Aug 2025 | HOUGANG AVENUE 2 Floor 06-10 | 635sqft | S$1,100,000 | ▲S$1,732 +63.4% vs FV | 99 yrs lease commencing from 2018 |
ROBEY CRESCENT
Aug 2025 · Floor 01-05
+45.2% vs FV
ROBEY CRESCENT
Aug 2025 · Floor 01-05
+45.2% vs FV
LORONG 1 REALTY PARK
Aug 2025 · Floor -
+108.9% vs FV
PARK VILLAS GREEN
Aug 2025 · Floor -
+8.1% vs FV
LORONG 1 REALTY PARK
Aug 2025 · Floor -
-22.6% vs FV
LORONG 1 REALTY PARK
Aug 2025 · Floor -
-15.9% vs FV
TAMPINES ROAD
Aug 2025 · Floor 16-20
+107.1% vs FV
CHARLTON LANE
Aug 2025 · Floor -
+17.1% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 11-15
+67.3% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+85.3% vs FV
HOUGANG AVENUE 2
Aug 2025 · Floor 06-10
+63.4% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
Based on 2013 URA transactions (38 outliers removed), adjusted for: Tenure decay (38.9% discount); MRT Kovan 115m away (+3%); AI-detected value boosters: high ceiling, corner unit (+4% condition premium)
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.