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SGPropertyIntel
ApartmentFreeholdOutside Central RegionInvestment score 58

Simon Plaza

KOVAN ROAD · D19

Median PSF · 12m

S$1,456

Median price · 12m

S$2.40M

Latest sale

S$2.28M

Feb 2026

1-year change

+10.0%

Sales · 12m

2

4 all time

Gross yield

2.39%

2 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
+20.0%
Annualised
+27.6%
Transactions
4
1 year
+10.0%
3 years p.a.
+6.3%
5 years p.a.
Median size
1,685 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
MeasureSimon PlazaD19 medianDifference
Median PSFS$1,456S$1,626-10.5%
Median priceS$2.40MS$1.58M+51.6%
Gross rental yield2.39%3.42%-1.0 pts
1-year price change+10.0%+4.9%+5.2 pts

This development trades about 10% below the D19 median price per square foot.

Rental

Rent and yield

From URA private residential rental contracts.

Median monthly rent

S$4,900

Contracts · 12m

2

Implied annual rent

S$59K

Gross yield

2.39%

Unit typeContractsMedian rent
3 bedroom1S$4,800
All units1S$5,000

Investment analysis

Investment score 58 / 100

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

58/100

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.

  • Price momentumweight 18%78

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

  • Liquidityweight 15%69

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

  • Valuationweight 22%66

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

  • 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.

  • Rental yieldweight 20%30

    Gross yield against every other development in its segment.

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
Feb 2026ApartmentS$2,510,0001,615 sqftS$1,55501-05
Feb 2026ApartmentS$2,280,0001,679 sqftS$1,35801-05
Apr 2025ApartmentS$2,550,0001,927 sqftS$1,32301-05
Oct 2022ApartmentS$2,050,0001,690 sqftS$1,21301-05

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.