Kovan Melody
Kovan Road · D19 · Outside central region · Condominium
The median sale at Kovan Melody was $1,808,000 — $1,600 psf — across 115 transactions between Oct 2021 and Sept 2026. 99-year lease from 2004.
What it costs per month of lease
A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.
This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.
Year by year
The median moved up 41 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021seven sales$1305
- 202231 sales$1332
- 202318 sales$1463
- 202418 sales$1678
- 202524 sales$1755
- 202617 sales$1843
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,180,000 | $1,305 psf | 7 |
| 2022 | $1,650,000 | $1,332 psf | 31 |
| 2023 | $1,845,000 | $1,463 psf | 18 |
| 2024 | $2,084,000 | $1,678 psf | 18 |
| 2025 | $2,194,000 | $1,755 psf | 24 |
| 2026 | $2,320,000 | $1,843 psf | 17 |
What it rents for
URA’s median of rental contracts lodged at Kovan Melody in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D19
- Rivercove Residences · $1,628 psf
- Chuan Park · $2,598 psf
- Riverfront Residences · $1,641 psf
- The Florence Residences · $1,776 psf
- Affinity At Serangoon · $1,760 psf
- Kingsford Waterbay · $1,415 psf
- A Treasure Trove · $1,495 psf
- Botanique At Bartley · $1,858 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.