Simon Plaza
Project page · Freehold
Based on 3 sales in this project, last 24 months. Search widened 2 of 4 steps to find enough comparable sales. 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.
| Sold | Where | Floor | Size | Price | Per sqft | Index × | Adjusted |
|---|---|---|---|---|---|---|---|
| Feb 2026 | Simon Plaza | 01-05 | 1,615 sqft | S$2,510,000 | S$1,555 psf | ×0.999 | S$1,553 psf |
| Feb 2026 | Simon Plaza | 01-05 | 1,679 sqft | S$2,280,000 | S$1,358 psf | ×0.999 | S$1,356 psf |
| Apr 2025 | Simon Plaza | 01-05 | 1,927 sqft | S$2,550,000 | S$1,323 psf | ×1.039 | S$1,375 psf |
How accurate is this estimate for Simon Plaza?
Too few sales since Q4 2025 to score the estimate here. Three are the minimum, and this project has not had them.
What the rent says
What this home earns against what it costs, set beside what homes like it earn.
2.54% gross yield
S$58,800 of rent a year against the estimate above · 0.46 points below flats like it
Leases signed here within a quarter of this size run about S$4,900 a month, the middle of 2 of them.
In outside the central region, freehold flats yield 3.00%, from 614 projects. Too few share this home's remaining lease to measure that separately.
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
| Signed | Size | Beds | Type | Rent a month |
|---|---|---|---|---|
| Q2 2026 | 1800-1900 sqft | 3 | Non-landed Properties | S$4,800 |
| Q1 2026 | 1600-1700 sqft | — | Non-landed Properties | S$5,000 |
| Q1 2025 | 1600-1700 sqft | — | Non-landed Properties | S$5,500 |
median of 2 URA rental contracts at Simon Plaza within a quarter of 156.5 sqm, since 2025Q4.
Buying or selling at S$2,316,630?
Buying: Stamp duty on S$2,316,630 · Cash and CPF needed on S$2,316,630 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.
Selling: Net proceeds from selling on S$2,316,630.
Each opens with this figure filled in; change anything there.
Primary schools near 2 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
- Xinghua Primary School · 652 m · no 2025 Phase 2C ballot
- Xinmin Primary School · 990 m · balloted in 2025 Phase 2C (citizens within 1 km) · near the line — check on OneMap
1 to 2 km
- Holy Innocents' Primary School · 1,024 m · balloted in 2025 Phase 2C (citizens within 1 km) · near the line — check on OneMap
- Paya Lebar Methodist Girls' School (Primary) (girls) · 1,144 m · balloted in 2025 Phase 2C (citizens 1-2 km away)
- Montfort Junior School (boys) · 1,269 m · no 2025 Phase 2C ballot
- Zhonghua Primary School · 1,479 m · no 2025 Phase 2C ballot
- Rosyth School · 1,590 m · balloted in 2025 Phase 2C (citizens within 1 km)
- Yio Chu Kang Primary School · 1,699 m · no 2025 Phase 2C ballot
- Hougang Primary School · 1,723 m · no 2025 Phase 2C ballot
- CHIJ Our Lady of the Nativity (girls) · 1,835 m · balloted in 2025 Phase 2C (citizens beyond 2 km)
- Punggol Primary School · 1,980 m · no 2025 Phase 2C ballot · near the line — check on OneMap
Past transactions
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Feb 2026 | Simon Plaza · 01-05 · Apartment | 1,679 sqft | S$2,280,000 | S$1,358 psf |
| Feb 2026 | Simon Plaza · 01-05 · Apartment | 1,615 sqft | S$2,510,000 | S$1,555 psf |
| Apr 2025 | Simon Plaza · 01-05 · Apartment | 1,927 sqft | S$2,550,000 | S$1,323 psf |
| Oct 2022 | Simon Plaza · 01-05 · Apartment | 1,690 sqft | S$2,050,000 | S$1,213 psf |
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Q2 2026 | Simon Plaza · 1800-1900 sqft · 3 bed · Non-landed Properties | S$4,800 | S$2.59 psf |
| Q1 2026 | Simon Plaza · 1600-1700 sqft · Non-landed Properties | S$5,000 | S$3.03 psf |
| Q1 2025 | Simon Plaza · 1600-1700 sqft · Non-landed Properties | S$5,500 | S$3.33 psf |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.
Indicative estimate from comparable caveats. Not a formal valuation.