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Condo prices · D19

Stars Of Kovan

Upper Serangoon Road · D19 · Outside central region · Apartment

The median sale at Stars Of Kovan was $1,398,800 — $1,834 psf — across 111 transactions between Oct 2021 and Oct 2026. 99-year lease from 2015.

Median price
$1,398,800
111 sales in the window.
Median per sq ft
$1,834 psf
Median unit 743 sq ft.
Lease remaining
88 years
99-year lease from 2015

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.

Price per month of lease
$1,325
$1,398,800 over 88 years remaining.
Per sq ft per year
$21.40
What a square foot of this development costs for one year of lease.
Lease expires
2114
11 per cent of the lease already run.

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 15 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021five sales$1683
  • 202229 sales$1722
  • 202323 sales$1811
  • 202418 sales$1889
  • 202516 sales$1942
  • 202620 sales$1934
Show the figures
YearMedian pricePer sq ftSales
2021$1,250,000$1,683 psf5
2022$1,270,000$1,722 psf29
2023$1,345,000$1,811 psf23
2024$1,435,444$1,889 psf18
2025$1,460,000$1,942 psf16
2026$1,434,000$1,934 psf20

What it rents for

URA’s median of rental contracts lodged at Stars Of Kovan in 2026Q3, per square foot per month.

Median rent per sq ft
$5.33
A month. Middle half of contracts ran $5.19 to $5.88.
Gross yield
3.49%
A year of median rent against the median sale price.
Median sale per sq ft
$1,834 psf
The figure the rent is divided into.

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

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.