Space @ Kovan

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  0
 3
 0

Sale Price *

Average
S$ 1,388 psf
Range
S$ 1,374 - 1,401 psf

Rental Price **

Average
S$ 5.1 psf pm
Range
S$ 2.6 - 8.1 psf pm

Rental Yield **

4.4%

Rental income expressed as a percentage of the property's value.

Amenities

3.6
3.6

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Space @ Kovan is a freehold apartment completed in 2015. It is developed by RP NORTH PTE LTD/RP PROPERTIES PTE LTD/ROXY-PACIFIC DEVELOPMENTS PTE LTD. The development occupies a land area of 3,767 sqm and a Gross Floor Area of 11,300 sqm. It consists of 140 units. According to records, buyers of this development are Singaporean 73.5%, PR 19.0%, Foreigner 6.9%, Company 0.5%.

SPACE @ KOVAN is located along Yio Chu Kang Road in Serangoon, in District 19. It is accessible through the nearest MRTs including Serangoon CC13, NE12 and Kovan NE13.

Based on transaction data in the last 12 months, sale prices range from S$ 1,374 psf to S$ 1,401 psf at an average of S$ 1,388 psf. Its highest recorded transaction was S$ 1,734 psf in Mar 2023 for a 388-sqft unit. Its lowest recorded transaction was S$ 960 psf in Jan 2011 for a 1,528-sqft unit. Its current rental yield is at 4.4%. Other nearby amenities include: 3 Grocerie(s): PRIME SUPERMARKET (1996) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, TEO BOBBY, and 3 Shopping Mall(s): ICB SHOPPING CENTRE, UPPER SERANGOON SHOPPING CENTRE, NEX.

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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5
"Where I do my beauty parlour services here."
D*** P****
Google Review     |   25 Jun 2022
4
"There are several hidden gems here, that while not super accessible to the MRT Station, there are buses or a walk to get here. There's a popular Thai food place, and two bakeries to check out. Even more little gems peppered around the area too, so worth a visit!"
R*****
Google Review     |   15 May 2022
5
"My friend Thomas stays there, he is very rich"
S*** K*****
Google Review     |   05 May 2022
1
"New but run down condition"
T**** L**
Google Review     |   18 Sep 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
11
2
1

SPACE @ KOVAN - 11 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of SPACE @ KOVAN (Limited to 10)

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Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of SPACE @ KOVAN

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of SPACE @ KOVAN

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$890,000
  • 42% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D19
  • 2015
  • Freehold
  • S$ 1,450 psf
  • Yio Chu Kang Road
Sharon Kim Chan
send_enquiry
thumb-images
7
$929,999
  • 42% Rental Volume

  • 2 beds
  • 1 bath
  • Apartment
  • D19
  • 2015
  • Freehold
  • S$ 1,570 psf
  • Yio Chu Kang Road
Vanessa Chuah
send_enquiry
thumb-images
10
$1,180,000
  • 42% Rental Volume

  • 2 beds
  • 2 baths
  • Apartment
  • D19
  • 2015
  • Freehold
  • S$ 1,410 psf
  • Yio Chu Kang Road
Alice Lim
send_enquiry
thumb-images
10
$699,999
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D19
  • 2015
  • Freehold
  • S$ 1,670 psf
  • Yio Chu Kang Road
Shirley Seah
send_enquiry
thumb-images
10
$798,000
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D19
  • 2015
  • Freehold
  • S$ 1,900 psf
  • Yio Chu Kang Road
Jo Lim
send_enquiry
thumb-images
9
$790,000
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D19
  • 2015
  • Freehold
  • S$ 1,880 psf
  • Yio Chu Kang Road
Eugene Ng
send_enquiry
thumb-images
3
$780,000
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Apartment
  • D19
  • 2015
  • Freehold
  • S$ 1,810 psf
  • Yio Chu Kang Road
Derrick Low
send_enquiry
thumb-images
10
$798,000
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D19
  • 2015
  • Freehold
  • S$ 1,900 psf
  • Yio Chu Kang Road
Ceselia
send_enquiry
thumb-images
9
$798,000
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D19
  • 2015
  • Freehold
  • S$ 1,900 psf
  • Yio Chu Kang Road
Michelle Loh
send_enquiry
thumb-images
10
$798,000
  • 42% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D19
  • 2015
  • Freehold
  • S$ 1,900 psf
  • Yio Chu Kang Road
Alan Wang
send_enquiry

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