Kovan Melody vs The Promenade@pelikat
Latest recorded sale 1 Sept 2026
What did Kovan Melody and The Promenade@pelikat sell for over the last 12 months?
Over the last 12 months Kovan Melody's median was S$1,806 psf from 22 sales and The Promenade@pelikat's was S$1,290 psf from 7 sales. Latest recorded sale 1 Sept 2026. Indicative, from recorded caveats, not a formal valuation.
Side by side
| Kovan Melody | The Promenade@pelikat | |
|---|---|---|
| Median psf, last 12 months | S$1,806 psf | S$1,290 psf |
| 25th to 75th percentile | S$1,754 psf – S$1,898 psf | S$1,172 psf – S$1,333 psf |
| Sales, last 12 months | 22 | 7 |
| Latest recorded sale | 1 Aug 2026 | 1 Sept 2026 |
| Status | Completed | Completed |
| Type | condo | apartment |
| Tenure | a 99-year leasehold with 76.3 years left | freehold |
| TOP year | not published | not published |
| Units, per URA | not published | not published |
| Median rent, last 12 months | S$4.20 psf a month | S$5.44 psf a month |
| Gross yield on median psf | 2.79% | 5.06% |
| Nearest station | Kovan MRT · 139 m | Kovan MRT · 619 m |
How have prices at Kovan Melody and The Promenade@pelikat moved over the same quarters?
Between Q4 2024 and Q3 2026, Kovan Melody's quarterly median moved from S$1,651 psf to S$1,891 psf and The Promenade@pelikat's from S$1,578 psf to S$1,290 psf, counting only quarters in which both recorded sales.
| Quarter | Kovan Melody | The Promenade@pelikat |
|---|---|---|
| Q4 2024 | S$1,651 psf · 3 | S$1,578 psf · 2 |
| Q1 2025 | S$1,791 psf · 8 | S$1,532 psf · 1 |
| Q2 2025 | S$1,752 psf · 5 | S$1,207 psf · 2 |
| Q1 2026 | S$1,790 psf · 3 | S$1,169 psf · 1 |
| Q2 2026 | S$1,818 psf · 8 | S$1,327 psf · 5 |
| Q3 2026 | S$1,891 psf · 5 | S$1,290 psf · 1 |
How far apart are Kovan Melody and The Promenade@pelikat?
Kovan Melody and The Promenade@pelikat are 732 m apart in a straight line; the nearest station to both is Kovan MRT, 139 m from Kovan Melody and 619 m from The Promenade@pelikat.
What tenure are Kovan Melody and The Promenade@pelikat?
Kovan Melody is a 99-year leasehold with 76.3 years left and The Promenade@pelikat is freehold.
What do Kovan Melody and The Promenade@pelikat rent for?
Over the last 12 months URA recorded a median rent of S$4.20 psf a month at Kovan Melody from 107 contracts and S$5.44 psf a month at The Promenade@pelikat from 54 contracts. Against each project's median sale psf over the same months, that is a gross yield of 2.79% and 5.06%. Indicative, from recorded rents.
Both projects are measured over the same 12 months, from URA caveats, excluding transfers we filter out as unrepresentative. A developer sale and a resale are different markets; the table says how many of each sit behind every median. The quarterly rows keep only quarters in which both projects recorded sales. Distances are straight lines between registry coordinates, not walking routes. Rents are URA rental contracts; the gross yield is the median rent over the median sale psf, not any one unit's. Indicative only, not a formal valuation, and not advice to buy or sell.