KOVAN REGENCY
KOVAN RISE · District 19 · 99 yrs lease commencing from 2012
Median Price
S$1.5M
Price Range
S$750K - S$4.0M
Tenure
Leasehold
Avg Rent
S$5.00 psf
KOVAN REGENCY Price Analysis
KOVAN REGENCY is a leasehold development on KOVAN RISE in District 19 (Serangoon/Hougang). According to URA transaction records, 90 private residential transactions have been recorded at this development, with a median price of S$1,535,000. Prices range from S$750K for the smallest units to S$4.0M for premium configurations.
The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$809,000. Larger units (5+ bed (170+ sqm)) trade at S$3,425,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at KOVAN REGENCY. High-floor units (06-10) command a median of S$1,672,500, while low-floor units (01-05) sell for S$1,328,000. That is a 26% premium for higher floors, worth S$345K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, KOVAN REGENCY commands an average of S$5.00 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.4%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$809K | 47 sqm | 10 |
| 1-Bed (50-70 sqm) | S$930K | 58 sqm | 19 |
| 2-Bed (70-100 sqm) | S$1.6M | 88 sqm | 44 |
| 3-Bed (100-130 sqm) | S$2.1M | 108 sqm | 11 |
| 4-Bed (130-170 sqm) | S$2.9M | 162 sqm | 2 |
| 5+ Bed (170+ sqm) | S$3.4M | 267 sqm | 4 |
FAQ
What is the average price of KOVAN REGENCY?
The median transaction price at KOVAN REGENCY is S$1,535,000, based on 90 URA-recorded transactions. Prices range from S$750K to S$4.0M.
Does floor level affect prices at KOVAN REGENCY?
Yes. High-floor units (06-10) sell for a median of S$1,672,500, while low-floor units (01-05) sell for S$1,328,000. That is a 26% premium for higher floors.
What is the rental rate at KOVAN REGENCY?
The average rental rate at KOVAN REGENCY is approximately S$5.00 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.