
Kovan Regency is the quiet-side answer to the Kovan station cluster, a 99-year leasehold estate at Kovan Rise built by Hoi Hup Realty with Malaysia’s Sunway and completed in 2015. Eight blocks of up to 14 storeys hold 378 units on a 16,995 sqm site. Two things separate it from its neighbours: a 350m station walk on a side road rather than the junction and dual-key layouts built here before the rest of the precinct caught on.
Kovan MRT (NE13) is about 350m on foot, among the shortest condominium walks in the precinct, with the North East Line running to Serangoon’s Circle Line interchange, then Dhoby Ghaut and HarbourFront without a change. Kovan Rise is a side road off Upper Serangoon, so Kovan Regency gets the walk without the interchange traffic or the market crowds at its gate. Hougang, one stop north, becomes a Cross Island Line interchange around 2030. Our Kovan condo guide covers how the precinct splits between the two positions.
Three primaries fall inside the 1km ballot radius: Holy Innocents’ Primary School, Xinghua Primary School and Xinmin Primary School, the band that sets ballot priority under P1 registration. Three in the circle gives a family real optionality. Our District 19 primary schools guide ranks the cluster and our 2026 Primary One registration guide sets out the phases. With 22 addresses along Kovan Rise, verify yours on the school’s distance tool.
The unit mix looks like a misprint until you know what was built. One-bedders run 506 to 990 sqft and two-bedders 570 to 1,023 sqft, because the larger versions are dual-key homes, one title with two front doors. Three-bedders from 893 to 1,389 sqft anchor the family core, four-bedders run 1,281 to 2,142 sqft, a 2,260 sqft five-bedroom format sits above them, and the estate carries strata terrace stock, one of which measured 3,703 sqft. Density is low for the district at a 2.1 plot ratio, and carparking is 378 lots for 378 homes.
Tenure runs 99 years from April 2012, so a buyer today still has about 85 years to work with. In a district where much of the leasehold field dates from the 1990s and 2000s, that is a meaningfully fresher clock, and our guide to 99-year versus freehold explains why the gap shows up in price. What the market pays for it comes next.
| UNIT TYPE | TOTAL | SIZES | UNIT MIX | FLOORPLANS | MAINTENANCE |
|---|---|---|---|---|---|
| 1 Bedroom | 40 | 506 - 700 | 10.58% | ||
| 2 Bedroom | 98 | 592 - 2,260 | 25.93% | ||
| 3 Bedroom | 213 | 893 - 1,389 | 56.35% | ||
| 4 Bedroom | 27 | 1,281 - 2,142 | 7.14% | ||
| Overall | 378 | 506 - 2,260 |
Kovan Regency sells a combination the rest of the cluster cannot assemble: a short station walk from an address that is genuinely quiet after eight, the youngest lease of the Kovan-named estates, and a dual-key product almost nobody nearby offers. That is why it prices at the top of the local field, and why its buyer is specific rather than general.
The neighbour set explains the band. Kovan Residences is closest at 0.25km with 521 units from 2011, Stars of Kovan sits 0.34km out with 390 units from 2019, Kovan Melody brings 778 units from 2006 at the value end and Terrasse 414 from 2014 further out. The Florence Residences is the heavyweight at 1,410 units from 2023, so a Kovan Regency seller often competes with a Florence listing. On freehold, The Tembusu offers 337 units from 2016 at 0.54km, and for grounds-first living at a different scale there is The Minton.
The record, dated June 2026, is wide. Across the last sixty caveats prices ran $1,078 to $2,172 psf with a median around $1,835 psf, while the twelve months to June ran $1,638 to $2,172 across 14 transactions with a median of $2,004 psf. The gap between those medians is the story: prices moved up, and the low end of the longer band belongs to terrace and penthouse formats, not to a cheaper market. Against the 27 District 19 estates we have reviewed, about 22 of 26 neighbours trade cheaper on average. Compass Heights anchors the district’s value end from about $806 psf and Botanique at Bartley tops it near $2,420 psf. One technical note: Kovan Regency was completed before GFA harmonisation, so its floor areas still carry aircon ledges and bay windows a newer launch would not count. Level that up before you call either one cheaper.
Trying to work out whether a listing here is fairly priced? Dual-key and standard units run on completely different logic, so the estate average will mislead you. Send us the unit and we will pull the matching prints, honest advice, no pressure. WhatsApp us.
The Kovan Regency floor plan set splits in two. Standard formats give you the 893 sqft three-bedroom workhorse and a four-bedroom tier from 1,281 sqft upward. Dual-key formats give you a main apartment plus a studio with its own entrance under one title and one set of stamp duties, which is why a 990 sqft one-bedroom listing and a 506 sqft one are not the same product. Know which you are viewing: it is the most common confusion on this estate. Our dual-key condo guide sets out how the format works in practice, including where it costs you on resale.
Price the ladder at the $1,835 psf median and it reads: the 506 sqft one-bedder near $930,000, the compact 570 sqft two-bedder around $1.05m, the 893 sqft three-bedder about $1.64m rising to roughly $2.55m at 1,389 sqft, the four-bedroom tier from about $2.35m and the 2,260 sqft five-bedder near $4.15m. The larger dual-key one and two-bedroom formats land between $1.82m and $1.88m. Those are figures read off the caveat record, not a price list.
The prints confirm the shape. A 775 sqft two-bedder cleared $2,052 psf for $1.59m in June 2026, an 893 sqft three-bedder $1,769 psf for $1.58m in May 2026 and a 506 sqft one-bedder $1,854 psf for $938,000 in February 2026. A 1,281 sqft four-bedder went at $1,874 psf for $2.4m in December 2024, a 2,142 sqft penthouse at $1,377 psf for $2.95m, and the strata terrace at 3,703 sqft cleared $1,078 psf for $3.99m in June 2023, a psf that looks cheap only because the footprint is house-sized. One flag from our records: the published unit schematic covers only part of the estate, so verify size and format in person.
The low plot ratio shows in daily life. Eight short blocks with planted decks and pool corridors between them is a different ground plane from a tower estate, and at eleven years most units are on their first renovation cycle with facilities still presenting well. Untouched units carry a bill that belongs in your offer, so walk the lift lobbies and pool tiling first.
The supply arithmetic in this pocket is unusual. The Kovan subzone spreads about 5,672 private homes across 85 developments, and the cranes are all elsewhere: not one private project inside the subzone is under construction. At 378 units Kovan Regency is a small share of that field, and a distinctive one, since almost none of the rest offers a dual-key title.
Demand is the reason the band holds. Hougang town runs 605 HDB blocks and 59,942 flats, 44,200 of them four-room or bigger, and those flats clear their Minimum Occupation Period on a rolling basis. They feed a steady stream into exactly this product: a station-walk condominium with three schools in the radius, at a price a five-room seller can reach. Our District 19 upgrading checklist walks the move step by step and the Hougang upgrader piece gives the short version.
Widen the lens and the pipeline stays modest. The planning area counts 135 private projects and about 17,982 homes, with young stock a thin 27 projects and 7,871 units. Beyond 2026 the register shows a single arrival, the 835-unit Hougang Central site due around 2030, in the neighbouring subzone. That build-out brings commercial floor space with it, and the URA Master Plan shows what else is committed, while our study of how the Cross Island Line moves prices covers the corridor’s main structural upside over the next decade.
Liquidity is healthy for the size. 86 caveats between August 2021 and June 2026, running 11, 16, 17, 21, 14 and 7, works out at roughly 4.5 percent of the estate a year, so both sides argue from recent evidence. The 2024 peak lines up with the district’s upgrader wave, and the softer 2025 and 2026 pace reflects thinner listings rather than weak demand, since psf kept rising through the same window. Rental yields run about 3.1 percent, and our rental yields guide covers the maths after maintenance and vacancy.
Kovan Regency suits families who want the station walk from a quiet address, multi-generation households who need the dual-key format to house parents behind their own door, and investors taking a Cross Island Line horizon on the Hougang corridor. Retail is all in reach: Heartland Mall at the station, then Upper Serangoon Shopping Centre, Kang Kar Mall, Hougang Mall and Hougang 1, with the Kovan Hougang Market and Food Centre as the social anchor.
The exit audience is that upgrader pool plus one most neighbours cannot reach: landlords who can run two tenancies from a single title. The tenant base draws on DPS International families, the Hougang and Serangoon working population and North East Line commuters.
Fit runs the other way too. Buyers who want the newest building in the precinct will find this one a decade old, and the premium over the older Kovan leasehold field is real, so Kovan Melody gives more floor area per dollar if space leads. Some stacks sit closer to the road than others, so check afternoon sun, facing and noise at the actual unit.
Thinking about Kovan Regency? Dual-key and standard units price on separate logic, and the strata terraces on a third. Before you offer, speak to us. We will pull the latest transactions, check the stack you are eyeing and give you an honest read, no pressure either way. WhatsApp us.
Kovan Regency has 8 blocks of 14 storeys.
Kovan Regency rises 14 storeys across 8 blocks.
Kovan Regency has 378 residential units.
Kovan Regency offers 1 Bedroom (506 to 700 sqft), 2 Bedroom (592 to 2,260 sqft), 3 Bedroom (893 to 1,389 sqft), 4 Bedroom (1,281 to 2,142 sqft).
The floor plans we hold for Kovan Regency are shown on this page. For the full set, a specific stack, or an unblocked-facing recommendation, WhatsApp us and we’ll send them over.
Kovan Regency sits on a site of about 16,995 sqm (roughly 182,900 sqft).
Kovan Regency is 99-year leasehold (lease from Apr 2012).
No, Kovan Regency is a 99-year leasehold development (lease from Apr 2012).
Kovan Regency is developed by Hoi Hup Realty & Sunway.
Kovan Regency is at Kovan Rise, off Upper Serangoon Road – about 350m from Kovan MRT (NE13).
Kovan Regency is in District 19 (Serangoon Garden, Hougang, Punggol), in the Outside Central Region (OCR).
The nearest MRT is Kovan (NE13), about 350m away. Hougang (NE14) – a future Cross Island Line interchange – is within 2km.
Schools within 1km of Kovan Regency: Holy Innocents’ Primary School, Xinghua Primary School, Xinmin Primary School.
Primary schools within 2km of Kovan Regency: Holy Innocents’ Primary School, Xinghua Primary School, Xinmin Primary School, CHIJ Our Lady of the Nativity, Hougang Primary School, Montfort Junior School, Paya Lebar Methodist Girls’ School (Primary) and Punggol Primary School. Of these, Holy Innocents’ Primary School, Xinghua Primary School and Xinmin Primary School fall inside the 1km P1 registration radius. Secondary options nearby include Yuying Secondary School, Bowen Secondary School, Monfort Secondary School and Paya Lebar Methodist Girls’ Secondary School.
Shopping malls within about 2km of Kovan Regency include Heartland Mall, Upper Serangoon Shopping Centre, Kang Kar Mall, Hougang Mall, Hougang 1 and Hougang Green Shopping Mall.
Yes – parks within about 2km of Kovan Regency include Richards Avenue Park, Parry Avenue Interim Park, Realty Park Playground, Parry Avenue Field and Punggol South Park.
Based on transactions in the last 12 months, PSF ranges from about $1,638 to $2,171.
Based on recent transactions, 1 Bedroom units start from about $855,000, 2 Bedrooms from about $1.94M, 3 Bedrooms from about $2.09M.
Kovan Regency has seen average rental yields of about 3.1% based on recent transactions, and Kovan MRT (NE13) is about 350m away. As with any OCR project, your entry price matters more than the address – speak to us for a detailed breakdown before committing.
Kovan Regency is a good fit for school-focused families – Holy Innocents’ Primary School, Xinghua Primary School, Xinmin Primary School are within 1km.
Kovan Regency is a 99-year leasehold condominium in District 19 developed by Hoi Hup Realty with Malaysia’s Sunway, comprising 378 units across 8 blocks. It obtained TOP in 2015.
Kovan Regency obtained TOP in 2015.
Kovan Regency is fully completed – TOP was obtained in 2015. Units are now available on the resale market.
Yes. Foreigners can buy Kovan Regency because it is a private residential development. Foreigners pay 60% Additional Buyer’s Stamp Duty (ABSD) on top of the purchase price.
Kovan Regency is a completed development, so there is no showflat. Viewings of available resale units can be arranged with our sales team.
You can book a viewing with our appointed sales team:
Kelvin Sin 9722 2222
Chew Peixuan 9101 5301
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