Kovan Melody

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above
  3
 3
 0

Sale Price *

Average
S$ 1,511 psf
Range
S$ 1,290 - 1,703 psf

Rental Price **

Average
S$ 4.3 psf pm
Range
S$ 2.7 - 6.0 psf pm

Rental Yield **

3.4%

Rental income expressed as a percentage of the property's value.

Amenities

3.7
3.7

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Kovan Melody is a leasehold (99 yrs from 2004) condominium completed in 2006. It is developed by WINHOME INVESTMENT PTE LTD and designed by P & T CONSULTANTS PTE LTD. The development occupies a land area of 25,272 sqm and a Gross Floor Area of 88,451 sqm. It consists of 778 units. According to records, buyers of this development are Singaporean 76.3%, PR 13.8%, Foreigner 9.5%, Company 0.4%.

KOVAN MELODY is located along Kovan Road in Hougang, in District 19. It is accessible through the nearest MRTs including Kovan NE13 and Hougang NE14.

Based on transaction data in the last 12 months, sale prices range from S$ 1,290 psf to S$ 1,703 psf at an average of S$ 1,511 psf. Its highest recorded transaction was S$ 1,703 psf in Dec 2023 for a 1,292-sqft unit. Its lowest recorded transaction was S$ 449 psf in Sep 2004 for a 1,690-sqft unit. Its current rental yield is at 3.4%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, ISYMI PTE LTD, and 3 Shopping Mall(s): HEARTLAND MALL, ICB SHOPPING CENTRE, UPPER SERANGOON SHOPPING CENTRE.

Buyers and tenants are attracted to District 19, which is comprised of Hougang, Punggol, Sengkang and Serangoon Gardens. These four areas are mostly residential with recreational and commercial amenities. Hougang is the largest HDB town in Singapore based on land area. Private houses can be found in the Lorong Ah Soo and Rosyth areas. Originally comprised of forests and pig-rearing farms, Hougang has evolved into a vibrant residential area with a wide array of amenities. These include a number of shopping malls, Hougang Sports Hall, and a bus interchange with a range of bus services to other parts of Singapore. Punggol is a relatively new residential estate in Singapore's North-East Region. Historically a fishing village resided by Malay settlers, Punggol is now a vibrant mix of residential developments and nature. Residents can leisurely cycle along the 4.2km-long Punggol Waterway or head to Coney Island, a 133ha island popular for jet skiing and camping. Sengkang has experienced rapid development since its early days as a fishing village. It is now a satellite residential town with a well-developed LRT system offering access to different parts of Sengkang. Sengkang also offers a wide array of work and play amenities, with the main shopping mall Compass One being Singapore's first thematic shopping centre based on the theme of learning.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.
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What they say
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5
"Nice place with parking lot"
R**** N*****
Google Review     |   01 Feb 2022
5
"Good place with amazing connectivity to public transport and also great space in the houses!"
G**** 1**
Google Review     |   02 Sep 2021
1
"Houses are small, I have moved 3 houses and been house owner myself but will not suggest anyone to move here...apart from access to MRT nothing else is good..no proper air circulation and the owners I dealt with were really rude especially block 31, 1537 ...extremely unprofessional and rude...they do not repair the house and do the handover as is, if u r not vigilant and careful of every corner of ur house then the owner will blame it on you for the damages probably which u may not have noticed...I have stayed in many other places in SG in the last 10 years and never faced such situations ever."
R***** M
Google Review     |   06 Jul 2021
5
"Beautiful and serene place"
S**** 1*
Google Review     |   10 Jan 2021
5
"Best condo in Kovan with big rooms and huge swimming pools. Added bonus for sheltered walkway to Mrt! Lots of food options including a hawker centre just across the road!"
K C******
Google Review     |   11 Dec 2020
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
15
1
3

KOVAN MELODY - 15 - 1 - 3

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of KOVAN MELODY (Limited to 10)

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Purchaser Address
Source

Asking Price of KOVAN MELODY

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
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Floor Area
Price (S$)
PSF (S$)
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of KOVAN MELODY

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
10
$2,348,000

    • 3 beds
    • 3 baths
    • Condominium
    • D19
    • 2006
    • 99 years
    • S$ 1,800 psf
    • Kovan Road
    Steven Lin
    send_enquiry
    thumb-images
    10
    $2,620,000

      • 4 beds
      • 4 baths
      • Condominium
      • D19
      • 2006
      • 99 years
      • S$ 1,860 psf
      • Kovan Road
      Yap Kai Loon (Kaiser)
      send_enquiry
      thumb-images
      10
      $2,348,000

        • 3 beds
        • 3 baths
        • Condominium
        • D19
        • 2006
        • 99 years
        • S$ 1,800 psf
        • Kovan Road
        Cindy Sim
        send_enquiry
        thumb-images
        10
        $2,348,000

          • 3 beds
          • 3 baths
          • Condominium
          • D19
          • 2006
          • 99 years
          • S$ 1,800 psf
          • Kovan Road
          Jasper Tan
          send_enquiry
          thumb-images
          10
          $2,480,000

            • 4 beds
            • 4 baths
            • Condominium
            • D19
            • 2006
            • 99 years
            • S$ 1,810 psf
            • Kovan Road
            Brenda Yip
            send_enquiry

            View More
            Property News

            Seller of 11 Amber Road unit makes $1.05 mil profit

            FAQs about KOVAN MELODY

            What is the nearest MRT Station to KOVAN MELODY ?
            The nearest MRT Station from KOVAN MELODY is Kovan NE13 MRT

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