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SG Property Intel
Condominium99-yearOutside Central RegionInvestment score 59

Kovan Melody

KOVAN ROAD · D19

Median PSF · 12m

S$1,806

Median price · 12m

S$2.26M

Latest sale

S$1.66M

Aug 2026

1-year change

+4.2%

Sales · 12m

22

120 all time

Gross yield

3.40%

90 leases

Price history

How this development has traded

Median transacted price and price per square foot by quarter, from every sale on record here.

Change over window
+53.8%
Annualised
+8.5%
Transactions
120
1 year
+4.2%
3 years p.a.
+8.1%
5 years p.a.
+8.0%
Median size
1,227 sqft

Against the neighbourhood

How it compares within D19

Serangoon Gardens, Hougang, Punggol, Sengkang. All figures are medians over the last 12 months for private homes in this district.

District analytics
MeasureKovan MelodyD19 medianDifference
Median PSFS$1,806S$1,670+8.2%
Median priceS$2.26MS$1.78M+27.0%
Gross rental yield3.40%3.01%+0.4 pts
1-year price change+4.2%-4.0%+8.2 pts

This development trades about 8% above the D19 median price per square foot.

Rental

Rent and yield

From URA private residential rental contracts.

Median monthly rent

S$5,000

Contracts · 12m

90

Implied annual rent

S$60K

Gross yield

3.40%

Unit typeContractsMedian rent
3 bedroom53S$5,200
2 bedroom30S$4,175
4 bedroom7S$6,200

Investment analysis

Investment score 59 / 100

Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.

59/100

100% of the scoring weight measurable

Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.

  • Liquidityweight 15%96

    Transactions in the last 12 months — how easily it trades.

  • Price momentumweight 18%87

    Three-year annualised change in median PSF, or one year where three is unavailable.

  • Rental yieldweight 20%59

    Gross yield against every other development in its segment.

  • Locationweight 15%57

    Distance to the nearest rail station, plus schools within 1 km. Nearest is Kovan MRT at 430 m.

  • Supply riskweight 10%46

    Upcoming units recorded in the same district. Higher score means less competing supply.

  • Valuationweight 22%20

    How its median price per square foot compares with its own district.

The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.

Location

Nearby amenities

Rail stations

  • Kovan MRT430 m
  • Serangoon MRT1.3 km
  • Serangoon Interchange MRT1.3 km
  • Serangoon North MRT1.6 km

Schools within 2 km

  • Paya Lebar Methodist Girls' School (Secondary)secondary (s1-s5)940 m
  • Anderson Serangoon Junior Collegejunior college1.0 km
  • Yuying Secondary Schoolsecondary (s1-s5)1.0 km
  • Xinghua Primary Schoolprimary1.0 km
  • Paya Lebar Methodist Girls' School (Primary)primary1.1 km
  • Peicai Secondary Schoolsecondary (s1-s5)1.3 km

Distances are straight-line. Proximity does not determine school admission eligibility.

Supply

Upcoming competition

  • JANSEN HOUSEMequity GS Pte Ltd21 units540 m
  • Chuan ParkChuan Park Development Pte Ltd · TOP 2027916 units1.9 km
  • CHUAN PARKChuan Park Development Pte. Ltd.916 units1.9 km

High upcoming supply nearby may increase competition for tenants and buyers.

The record

Transactions at this development

Browse all transactions
MonthTypePriceSizePSFFloorLease left
Aug 2026CondominiumS$2,515,0001,292 sqftS$1,94711-1576 yr 5 mo
Aug 2026CondominiumS$1,660,000904 sqftS$1,83616-2076 yr 5 mo
Aug 2026CondominiumS$1,528,680872 sqftS$1,75306-1076 yr 5 mo
Jul 2026CondominiumS$2,850,0001,410 sqftS$2,02111-1576 yr 6 mo
Jul 2026CondominiumS$2,320,0001,227 sqftS$1,89101-0576 yr 6 mo
Jun 2026CondominiumS$2,680,0001,410 sqftS$1,90111-1576 yr 7 mo
Jun 2026CondominiumS$2,380,0001,292 sqftS$1,84306-1076 yr 7 mo
Jun 2026CondominiumS$2,200,0001,227 sqftS$1,79306-1076 yr 7 mo
May 2026CondominiumS$2,360,0001,216 sqftS$1,94016-2076 yr 8 mo
May 2026CondominiumS$2,200,0001,227 sqftS$1,79306-1076 yr 8 mo
May 2026CondominiumS$1,528,000904 sqftS$1,69001-0576 yr 8 mo
Apr 2026CondominiumS$2,398,0001,227 sqftS$1,95411-1576 yr 9 mo
Apr 2026CondominiumS$1,680,0001,055 sqftS$1,59301-0576 yr 9 mo
Mar 2026CondominiumS$2,800,0001,518 sqftS$1,84516-2076 yr 10 mo
Mar 2026CondominiumS$2,738,0001,690 sqftS$1,62001-0576 yr 10 mo
Mar 2026CondominiumS$1,618,888904 sqftS$1,79011-1576 yr 10 mo
Dec 2025CondominiumS$2,330,0001,292 sqftS$1,80401-0577 yr 1 mo
Dec 2025CondominiumS$2,050,0001,216 sqftS$1,68501-0577 yr 1 mo
Nov 2025CondominiumS$2,200,0001,216 sqftS$1,80911-1577 yr 2 mo
Oct 2025CondominiumS$2,480,0001,302 sqftS$1,90411-1577 yr 3 mo
Oct 2025CondominiumS$2,175,0001,238 sqftS$1,75706-1077 yr 3 mo
Oct 2025CondominiumS$2,080,0001,227 sqftS$1,69501-0577 yr 3 mo
Sep 2025CondominiumS$2,280,0001,249 sqftS$1,82611-1577 yr 4 mo
Aug 2025CondominiumS$1,500,000904 sqftS$1,65906-1077 yr 5 mo
Jul 2025CondominiumS$2,145,0001,227 sqftS$1,74801-0577 yr 6 mo
Jul 2025CondominiumS$1,530,000904 sqftS$1,69206-1077 yr 6 mo
Jul 2025CondominiumS$1,420,000904 sqftS$1,57101-0577 yr 6 mo
Jun 2025CondominiumS$2,400,0001,302 sqftS$1,84311-1577 yr 7 mo
Jun 2025CondominiumS$2,250,0001,227 sqftS$1,83406-1077 yr 7 mo
Jun 2025CondominiumS$1,525,000904 sqftS$1,68701-0577 yr 7 mo
Apr 2025CondominiumS$2,188,0001,292 sqftS$1,69406-1077 yr 9 mo
Apr 2025CondominiumS$2,150,0001,227 sqftS$1,75211-1577 yr 9 mo
Mar 2025CondominiumS$2,415,0001,313 sqftS$1,83911-1577 yr 10 mo
Mar 2025CondominiumS$2,300,0001,302 sqftS$1,76606-1077 yr 10 mo
Mar 2025CondominiumS$2,238,0001,227 sqftS$1,82416-2077 yr 10 mo
Mar 2025CondominiumS$1,568,000904 sqftS$1,73411-1577 yr 10 mo
Feb 2025CondominiumS$2,618,8881,690 sqftS$1,55001-0577 yr 11 mo
Feb 2025CondominiumS$2,210,0001,216 sqftS$1,81711-1577 yr 11 mo
Feb 2025CondominiumS$1,560,000904 sqftS$1,72506-1077 yr 11 mo
Jan 2025CondominiumS$2,590,0001,410 sqftS$1,83711-1578 yrs

Showing the 40 most recent of 120 recorded transactions.

Important

Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.