homequant
condo · 544917

Kovan Residences

Project page · 99-year lease from 2007

Indicative value range
S$2,383,552 – S$2,481,945
Indicative mid S$2,397,761 · S$1,872 psf

Based on 3 sales in this project, last 6 months. Search did not need to widen. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Aug 2026Kovan Residences01-051,442 sqftS$2,700,000S$1,872 psf×1.000S$1,872 psf
Jun 2026Kovan Residences16-201,259 sqftS$2,523,000S$2,003 psf×1.000S$2,003 psf
May 2026Kovan Residences01-051,442 sqftS$2,668,000S$1,850 psf×1.000S$1,850 psf

How accurate is this estimate for Kovan Residences?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 13 sales in Kovan Residences since.

Median error
4.6%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

2.75% gross yield

S$66,000 of rent a year against the estimate above · 0.6 points below flats like it

Leases signed here within a quarter of this size run about S$5,500 a month, the middle of 52 of them.

In outside the central region, leasehold flats with 70 to 79 years of lease left yield 3.35%, from 48 projects.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 2026>3000 sqft4Non-landed PropertiesS$8,500
Q3 2026>3000 sqft4Non-landed PropertiesS$8,500
Q3 20261700-1800 sqft4Non-landed PropertiesS$8,000
Q3 20261700-1800 sqft4Non-landed PropertiesS$8,000
Q3 20261700-1800 sqft4Non-landed PropertiesS$7,900
Q3 20261700-1800 sqft4Non-landed PropertiesS$7,900
Q3 20261700-1800 sqft4Non-landed PropertiesS$7,900
Q3 20261700-1800 sqft4Non-landed PropertiesS$7,900

median of 52 URA rental contracts at Kovan Residences within a quarter of 119 sqm, since 2025Q4.

Buying or selling at S$2,397,761?

Buying: Stamp duty on S$2,397,761 · Cash and CPF needed on S$2,397,761 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$2,397,761.

Each opens with this figure filled in; change anything there.

Primary schools near 3 Kovan Road

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

Within about 1 km

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Sept 2026
Kovan Residences · 11-15 · Condominium · 79 years left
1,765 sqftS$3,250,000S$1,841 psf
Aug 2026
Kovan Residences · 01-05 · Condominium · 79 years left
1,442 sqftS$2,700,000S$1,872 psf
Jun 2026
Kovan Residences · 16-20 · Condominium · 80 years left
1,259 sqftS$2,523,000S$2,003 psf
May 2026
Kovan Residences · 01-05 · Condominium · 80 years left
1,442 sqftS$2,668,000S$1,850 psf
May 2026
Kovan Residences · 01-05 · Condominium · 80 years left
2,217 sqftS$3,050,000S$1,376 psf
Apr 2026
Kovan Residences · 11-15 · Condominium · 80 years left
1,259 sqftS$2,545,000S$2,021 psf
Mar 2026
Kovan Residences · 11-15 · Condominium · 80 years left
1,442 sqftS$2,700,000S$1,872 psf
Mar 2026
Kovan Residences · 11-15 · Condominium · 80 years left
947 sqftS$1,788,000S$1,888 psf
Feb 2026
Kovan Residences · 01-05 · Condominium · 80 years left
excluded: outlier
947 sqftS$1,750,000S$1,848 psf
Jan 2026
Kovan Residences · 01-05 · Condominium · 80 years left
1,776 sqftS$3,158,000S$1,778 psf
Nov 2025
Kovan Residences · 16-20 · Condominium · 80 years left
1,259 sqftS$2,542,000S$2,018 psf
Nov 2025
Kovan Residences · 16-20 · Condominium · 80 years left
1,259 sqftS$2,538,000S$2,015 psf
Nov 2025
Kovan Residences · 06-10 · Condominium · 80 years left
883 sqftS$1,635,000S$1,852 psf
Oct 2025
Kovan Residences · 06-10 · Condominium · 80 years left
1,281 sqftS$2,520,000S$1,967 psf
Sept 2025
Kovan Residences · 06-10 · Condominium · 80 years left
947 sqftS$1,735,000S$1,832 psf
Aug 2025
Kovan Residences · 06-10 · Condominium · 80 years left
1,259 sqftS$2,480,000S$1,969 psf
Aug 2025
Kovan Residences · 06-10 · Condominium · 80 years left
1,259 sqftS$2,428,000S$1,928 psf
Jul 2025
Kovan Residences · 11-15 · Condominium · 81 years left
883 sqftS$1,628,000S$1,844 psf
Jun 2025
Kovan Residences · 01-05 · Condominium · 81 years left
1,765 sqftS$3,200,000S$1,813 psf
May 2025
Kovan Residences · 16-20 · Condominium · 81 years left
excluded: related party
4,747 sqftS$4,399,000S$927 psf
May 2025
Kovan Residences · 16-20 · Condominium · 81 years left
1,798 sqftS$3,280,000S$1,825 psf
May 2025
Kovan Residences · 06-10 · Condominium · 81 years left
883 sqftS$1,600,000S$1,813 psf
Mar 2025
Kovan Residences · 06-10 · Condominium · 81 years left
883 sqftS$1,490,000S$1,688 psf
Mar 2025
Kovan Residences · 11-15 · Condominium · 81 years left
1,270 sqftS$2,560,000S$2,016 psf
Mar 2025
Kovan Residences · 11-15 · Condominium · 81 years left
883 sqftS$1,588,000S$1,799 psf
Feb 2025
Kovan Residences · 06-10 · Condominium · 81 years left
1,259 sqftS$2,430,000S$1,930 psf
Feb 2025
Kovan Residences · 01-05 · Condominium · 81 years left
1,259 sqftS$2,350,000S$1,866 psf
Jan 2025
Kovan Residences · 01-05 · Condominium · 81 years left
883 sqftS$1,595,000S$1,807 psf
Jan 2025
Kovan Residences · 11-15 · Condominium · 81 years left
883 sqftS$1,580,000S$1,790 psf
Jan 2025
Kovan Residences · 16-20 · Condominium · 81 years left
1,765 sqftS$3,150,000S$1,784 psf
Dec 2024
Kovan Residences · 06-10 · Condominium · 81 years left
1,798 sqftS$3,108,000S$1,729 psf
Dec 2024
Kovan Residences · 01-05 · Condominium · 81 years left
1,798 sqftS$2,938,000S$1,634 psf
Dec 2024
Kovan Residences · 06-10 · Condominium · 81 years left
1,281 sqftS$2,320,000S$1,811 psf
Oct 2024
Kovan Residences · 01-05 · Condominium · 81 years left
1,259 sqftS$2,320,000S$1,842 psf
Oct 2024
Kovan Residences · 11-15 · Condominium · 81 years left
1,765 sqftS$3,060,000S$1,733 psf
Oct 2024
Kovan Residences · 11-15 · Condominium · 81 years left
excluded: outlier
1,259 sqftS$2,450,000S$1,945 psf
Jul 2024
Kovan Residences · 01-05 · Condominium · 82 years left
1,259 sqftS$2,280,000S$1,810 psf
Jul 2024
Kovan Residences · 06-10 · Condominium · 82 years left
1,442 sqftS$2,510,000S$1,740 psf
May 2024
Kovan Residences · 11-15 · Condominium · 82 years left
1,270 sqftS$2,180,000S$1,716 psf
May 2024
Kovan Residences · 06-10 · Condominium · 82 years left
1,259 sqftS$2,250,000S$1,787 psf
May 2024
Kovan Residences · 01-05 · Condominium · 82 years left
1,798 sqftS$2,920,000S$1,624 psf
May 2024
Kovan Residences · 11-15 · Condominium · 82 years left
1,765 sqftS$2,990,000S$1,694 psf
Apr 2024
Kovan Residences · 06-10 · Condominium · 82 years left
893 sqftS$1,380,000S$1,545 psf
Feb 2024
Kovan Residences · 06-10 · Condominium · 82 years left
893 sqftS$1,380,000S$1,545 psf
Feb 2024
Kovan Residences · 01-05 · Condominium · 82 years left
excluded: outlier
1,442 sqftS$2,230,000S$1,546 psf
Jan 2024
Kovan Residences · 11-15 · Condominium · 82 years left
excluded: outlier
1,281 sqftS$2,400,000S$1,874 psf
Dec 2023
Kovan Residences · 01-05 · Condominium · 82 years left
1,259 sqftS$2,100,000S$1,667 psf
Nov 2023
Kovan Residences · 01-05 · Condominium · 82 years left
1,776 sqftS$2,780,000S$1,565 psf
Nov 2023
Kovan Residences · 11-15 · Condominium · 82 years left
1,765 sqftS$2,970,000S$1,682 psf
Nov 2023
Kovan Residences · 11-15 · Condominium · 82 years left
1,798 sqftS$2,888,000S$1,607 psf
Oct 2023
Kovan Residences · 01-05 · Condominium · 82 years left
excluded: outlier
1,615 sqftS$2,100,000S$1,301 psf
Oct 2023
Kovan Residences · 06-10 · Condominium · 82 years left
1,259 sqftS$2,068,000S$1,642 psf
Sept 2023
Kovan Residences · 11-15 · Condominium · 82 years left
excluded: outlier
893 sqftS$1,388,000S$1,554 psf
Aug 2023
Kovan Residences · 01-05 · Condominium · 82 years left
1,798 sqftS$2,800,000S$1,558 psf
Aug 2023
Kovan Residences · 01-05 · Condominium · 82 years left
excluded: outlier
1,798 sqftS$2,325,000S$1,293 psf
Jul 2023
Kovan Residences · 06-10 · Condominium · 83 years left
1,259 sqftS$2,025,000S$1,608 psf
Jun 2023
Kovan Residences · 11-15 · Condominium · 83 years left
1,798 sqftS$2,750,000S$1,530 psf
May 2023
Kovan Residences · 01-05 · Condominium · 83 years left
excluded: outlier
1,862 sqftS$2,708,000S$1,454 psf
May 2023
Kovan Residences · 01-05 · Condominium · 83 years left
2,260 sqftS$2,900,000S$1,283 psf
Apr 2023
Kovan Residences · 11-15 · Condominium · 83 years left
1,281 sqftS$2,000,000S$1,561 psf
Mar 2023
Kovan Residences · 16-20 · Condominium · 83 years left
1,442 sqftS$2,258,000S$1,565 psf
Feb 2023
Kovan Residences · 11-15 · Condominium · 83 years left
excluded: outlier
1,442 sqftS$2,338,888S$1,622 psf
Feb 2023
Kovan Residences · 11-15 · Condominium · 83 years left
1,442 sqftS$2,200,000S$1,525 psf
Jan 2023
Kovan Residences · 11-15 · Condominium · 83 years left
1,259 sqftS$1,930,000S$1,533 psf
Nov 2022
Kovan Residences · 01-05 · Condominium · 83 years left
1,281 sqftS$1,868,000S$1,458 psf
Nov 2022
Kovan Residences · 01-05 · Condominium · 83 years left
1,173 sqftS$1,735,000S$1,479 psf
Oct 2022
Kovan Residences · 11-15 · Condominium · 83 years left
1,270 sqftS$1,800,000S$1,417 psf
Oct 2022
Kovan Residences · 11-15 · Condominium · 83 years left
1,442 sqftS$2,200,000S$1,525 psf
Oct 2022
Kovan Residences · 06-10 · Condominium · 83 years left
1,259 sqftS$1,900,000S$1,509 psf
Oct 2022
Kovan Residences · 11-15 · Condominium · 83 years left
1,281 sqftS$1,950,000S$1,522 psf
Oct 2022
Kovan Residences · 01-05 · Condominium · 83 years left
1,259 sqftS$1,850,000S$1,469 psf
Sept 2022
Kovan Residences · 16-20 · Condominium · 83 years left
893 sqftS$1,360,000S$1,522 psf
Sept 2022
Kovan Residences · 11-15 · Condominium · 83 years left
1,798 sqftS$2,700,000S$1,502 psf
Aug 2022
Kovan Residences · 16-20 · Condominium · 83 years left
1,798 sqftS$2,700,000S$1,502 psf
Jul 2022
Kovan Residences · 16-20 · Condominium · 84 years left
1,776 sqftS$2,730,000S$1,537 psf
Jul 2022
Kovan Residences · 11-15 · Condominium · 84 years left
1,281 sqftS$1,920,000S$1,499 psf
Jun 2022
Kovan Residences · 06-10 · Condominium · 84 years left
1,798 sqftS$2,550,000S$1,419 psf
Jun 2022
Kovan Residences · 16-20 · Condominium · 84 years left
3,423 sqftS$3,268,000S$955 psf
Jun 2022
Kovan Residences · 16-20 · Condominium · 84 years left
1,442 sqftS$2,240,000S$1,553 psf
May 2022
Kovan Residences · 01-05 · Condominium · 84 years left
1,798 sqftS$2,600,000S$1,446 psf
May 2022
Kovan Residences · 11-15 · Condominium · 84 years left
883 sqftS$1,330,000S$1,507 psf
May 2022
Kovan Residences · 06-10 · Condominium · 84 years left
893 sqftS$1,332,800S$1,492 psf
May 2022
Kovan Residences · 01-05 · Condominium · 84 years left
947 sqftS$1,345,000S$1,420 psf
Apr 2022
Kovan Residences · 06-10 · Condominium · 84 years left
1,765 sqftS$2,450,000S$1,388 psf
Apr 2022
Kovan Residences · 11-15 · Condominium · 84 years left
1,259 sqftS$1,820,000S$1,445 psf
Apr 2022
Kovan Residences · 06-10 · Condominium · 84 years left
1,765 sqftS$2,470,000S$1,399 psf
Apr 2022
Kovan Residences · 16-20 · Condominium · 84 years left
1,798 sqftS$2,460,000S$1,369 psf
Apr 2022
Kovan Residences · 11-15 · Condominium · 84 years left
883 sqftS$1,350,000S$1,530 psf
Mar 2022
Kovan Residences · 16-20 · Condominium · 84 years left
947 sqftS$1,398,000S$1,476 psf
Mar 2022
Kovan Residences · 01-05 · Condominium · 84 years left
1,765 sqftS$2,460,000S$1,394 psf
Feb 2022
Kovan Residences · 06-10 · Condominium · 84 years left
1,765 sqftS$2,450,000S$1,388 psf
Jan 2022
Kovan Residences · 06-10 · Condominium · 84 years left
883 sqftS$1,205,000S$1,365 psf
Dec 2021
Kovan Residences · 16-20 · Condominium · 84 years left
3,035 sqftS$3,083,000S$1,016 psf
Nov 2021
Kovan Residences · 16-20 · Condominium · 84 years left
2,400 sqftS$2,850,000S$1,187 psf
Oct 2021
Kovan Residences · 01-05 · Condominium · 84 years left
2,131 sqftS$2,555,000S$1,199 psf
See more

Showing 95 of 97.

Sale prices as filed in caveats.

Where the lease takes this

About 79 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from private resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearPrices 4% a yearThis market's record, 4.58% a yearmeasured
5 years74 yearsS$2,272,828S$2,509,386S$2,765,243S$2,843,215
10 years69 yearsS$2,222,132S$2,708,766S$3,289,298S$3,477,413
20 years59 yearsS$2,003,315S$2,976,820S$4,389,509S$4,905,937

On a flat market the lease alone costs 16% over 20 years. Prices would need to rise about 0.9% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 4.58% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.