Space @ Kovan
Yio Chu Kang Road · D19 · Outside central region · Apartment
The median sale at Space @ Kovan was $845,000 — $1,447 psf — across 33 transactions between Nov 2021 and June 2026. Freehold.
Space @ Kovan saw three sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
What it costs per month of lease
Space @ Kovan is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021one sale$1142
- 202213 sales$1366
- 2023five sales$1401
- 2024six sales$1456
- 2025five sales$1684
- 2026three sales$1535
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,745,000 | $1,142 psf | 1 |
| 2022 | $800,000 | $1,366 psf | 13 |
| 2023 | $890,000 | $1,401 psf | 5 |
| 2024 | $901,500 | $1,456 psf | 6 |
| 2025 | $725,000 | $1,684 psf | 5 |
| 2026 | $783,666 | $1,535 psf | 3 |
What it rents for
URA’s median of rental contracts lodged at Space @ Kovan 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 · $1,631 psf
- Riverfront Residences · $1,641 psf
- Chuan Park · $2,598 psf
- The Florence Residences · $1,775 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.