HomeBuyCondominiumApartment3RMD19 - Hougang / Punggol / SengkangKovan Residences3 Bed Apartment (Condo) for Sale in Kovan Residences

3 Bed Apartment (Condo) for Sale in Kovan Residences

5 Kovan Road 544894, Kovan, North-east Region, Singapore

$1,788,188

Added 4 months ago
Beds: 3Baths: 2Area: 1033 sqft
Good Deal· 7.5% below market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDAqfB8Z4T8jTaDo3r6kuBZE
PriceS$1,788,188
Property TypeApartment
StatusFor sale
Beds3
Baths2
Built Area1033 sqft
PSF
S$1,731
Year Built2011
Furnished StatusUnknown

Description

Development Information

District & Area

D19 - Hougang

Nearest MRT

Kovan MRT · 1 min walk

Tenure

99 years

TOP Date

1 January 2011

Project Size

Medium (521 units)

521 units

Building Structure

9 Blocks, 18 Floors

Developer

Centurion Kovan Pte Ltd

Unit Configuration
Bedroom Types2, 3, 4, 5 Bedroom
Floor Plan Details

Kovan Residences has a total of 521 units, from 2 Bed - 2 Bath to 5 Bed - 7 Bath units. There are 31 types of floor plans from 883 sqft to 4,693 sqft.

Site Plan

Kovan Residences has 9 blocks and up to 18 storeys.

Development Facilities
BBQClubhouseJacuzziLap PoolPlaygroundSaunaSwimming PoolTennis Court
About This Development

Kovan Residences is a 99 years leasehold Generic Condo development located in Hougang, District 19. Completed in 2011, it has a total of 9 blocks within the development and comprises a total of 521 units. It is within walking distance to MRT stations such as Kovan MRT and Hougang MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Kovan Residences is also close to schools like Xinghua Primary School, Yuying Secondary School and DPS International School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Rainbow Supermart Pte Ltd and Zaskia for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Chiew Clinic Pte Ltd. Singapore Post - Lim Ah Pin Road Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Maplewood Park, to enjoy some fresh air.

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Features & Amenities
Lap pool
Clubhouse
Jacuzzi
Tennis court
Sauna
Swimming pool
Bbq
Playground

Location

5 Kovan Road 544894, Kovan, North-east Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

113

Average Price

S2.2M

Total Value

S243.7M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 84 URA transactions · 2 outliers removed (IQR)

Fair Value

S$1.93M

S$1,871 psf

Asking Price

S$1.79M

S$1,731 psf

vs Market

-7.5%

Good Deal

vs Last Done

-12.1%

Good Deal

Tenure

84 yrs

99-year Leasehold · Balance remaining

Confidence

High

84 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Kovan

115m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

84 comparable transactions

S$1,653

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

0%

Adjusted Fair Value PSF

S$1,871

Recent Comparable Transactions

10 shown · 84 total
Last Done

KOVAN ROAD

Aug 2025 · Floor 06-10

S$1,969 psf

+5.2% vs FV

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

KOVAN ROAD

Aug 2025 · Floor 06-10

S$1,969 psf

+5.2% vs FV

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

KOVAN ROAD

Jun 2025 · Floor 01-05

S$1,813 psf

-3.1% vs FV

1,765 sqftS$3,200,00099 yrs lease commencing from 2007

KOVAN ROAD

May 2025 · Floor 16-20

S$1,825 psf

-2.5% vs FV

1,798 sqftS$3,280,00099 yrs lease commencing from 2007

KOVAN ROAD

May 2025 · Floor 06-10

S$1,813 psf

-3.1% vs FV

883 sqftS$1,600,00099 yrs lease commencing from 2007

KOVAN ROAD

Mar 2025 · Floor 11-15

S$1,799 psf

-3.8% vs FV

883 sqftS$1,588,00099 yrs lease commencing from 2007

KOVAN ROAD

Mar 2025 · Floor 06-10

S$1,688 psf

-9.8% vs FV

883 sqftS$1,490,00099 yrs lease commencing from 2007

KOVAN ROAD

Mar 2025 · Floor 11-15

S$2,016 psf

+7.7% vs FV

1,270 sqftS$2,560,00099 yrs lease commencing from 2007

KOVAN ROAD

Feb 2025 · Floor 06-10

S$1,930 psf

+3.2% vs FV

1,259 sqftS$2,430,00099 yrs lease commencing from 2007

KOVAN ROAD

Feb 2025 · Floor 01-05

S$1,866 psf

-0.3% vs FV

1,259 sqftS$2,350,00099 yrs lease commencing from 2007

KOVAN ROAD

Jan 2025 · Floor 11-15

S$1,790 psf

-4.3% vs FV

883 sqftS$1,580,00099 yrs lease commencing from 2007
Below Fair Value
Above Fair Value
FV: S$1,871 psf

HELIOS AI Analysis

Based on 84 URA transactions (2 outliers removed), adjusted for: Tenure decay (38.9% discount); MRT Kovan 115m away (+3%)

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

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