Rent vs D19 -18.9%
Rents below district median
Spazio @ Kovan's latest 12-month median rent is $3,000 compared with the D19 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Spazio @ Kovan rent and sale price
D19 / Serangoon Garden, Hougang, Punggol
Address 767 Upper Serangoon Road Spazio @ Kovan Singapore 534635
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Quick summary about Spazio @ Kovan
Spazio @ Kovan is a freehold apartment in D19 / Serangoon Garden, Hougang, Punggol. The page currently tracks 98 rentals and 18 sales.
- Latest 12M median rent is $3,000 per month from 18 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,110,000, with median sale PSF at $1,459 psf from 2 sales.
- Rent is down 14.7% over the last 3 months. Sale PSF is down 7.8% over the last 3 months.
Spazio @ Kovan Market Brief
Compare the project with D19 across rent, sale PSF, tenure and transaction activity.
Compared with D19
Sale PSF vs D19 -12.5%
Sale PSF below district median
Spazio @ Kovan's latest 12-month median sale PSF is $1,459 psf versus the D19 median of $1,667 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.24%
Rent support above district screen
Gross yield is roughly 3.24% versus a D19 screen of 2.55%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 30.5% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -23.1%
Activity is lighter
10 recent transactions versus 13 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Spazio @ Kovan against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,000
Is the asking rent fair?
$2,850 to $3,150 is the first fair-rent band to check. Above $3,150 should have a visible reason.
Latest 12M median sale PSF $1,459 psf
Is the purchase price fair?
$1,080,000 to $1,140,000 and $1,410 to $1,500 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $2,900
Are similar units renting for more?
2 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 30.5% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -23.1%
Is activity rising?
Activity is lighter. 10 recent transactions versus 13 in the prior 6-month view.
Spazio @ Kovan Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 18 resale transactions
Total sold value $16.7M
Spazio @ Kovan Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 98 Jun 2021 to Sept 2026
Sale transactions 18 Jun 2021 to Aug 2026
Rent trend -14.7% Last 3 months
Sale PSF trend -7.8% Last 3 months
Spazio @ Kovan Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
SERANGOON MRT STATION (CC13) 0.77 km away
SERANGOON MRT STATION (NE12) 0.77 km away
KOVAN MRT STATION 0.9 km away
Schools nearby
NPS INTERNATIONAL SCHOOL (PRIMARY CAMPUS) 0.23 km away
NPS INTERNATIONAL SCHOOL 0.25 km away
DPS INTERNATIONAL SCHOOL, SINGAPORE 0.57 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 0.68 km away
Amenities
JALAN PELIKAT PARK CONNECTOR Park / green link · 0.85 km away
WOODLEIGH VILLAGE HAWKER CENTRE Food centre · 1.8 km away
Spazio @ Kovan Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,500 33 rentals in view
Latest median sale PSF $1,257 psf 2 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Sept 2026 1 $3,500 0 - -
Aug 2026 1 $2,900 1 $1,257 psf $1,380,000
Jun 2026 1 $2,600 0 - -
May 2026 3 $2,700 0 - -
Apr 2026 2 $3,400 0 - -
Mar 2026 1 $3,500 0 - -
Jan 2026 1 $3,000 0 - -
Dec 2025 2 $3,200 0 - -
Nov 2025 0 - 1 $1,660 psf $840,000
Oct 2025 6 $2,750 0 - -
Aug 2025 2 $3,200 0 - -
Jul 2025 1 $2,900 0 - -
Projects Similar to Spazio @ Kovan
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2014 Kingsford Waterbay 3.7 km away 1,530 transactions
- Median rent
- $3,000
- Median sale PSF
- $1,399 psf
- Median rent
- $3,100
- Median sale PSF
- $1,587 psf
- Median rent
- $3,000
- Median sale PSF
- $1,278 psf
- Median rent
- $3,000
- Median sale PSF
- $1,630 psf
- Median rent
- $3,300
- Median sale PSF
- $1,343 psf
- Median rent
- $3,000
- Median sale PSF
- $1,464 psf
Spazio @ Kovan Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,400 $2,332 14
2 bed $2,900 $2,916 59
3 bed $3,300 $3,248 25
Spazio @ Kovan Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $2,600 $2,577 32
500 to 600 sqft $2,900 $2,716 22
600 to 700 sqft $3,000 $2,950 16
700 to 800 sqft $3,000 $2,889 9
1,000 to 1,100 sqft $3,600 $3,617 12
1,200 to 1,300 sqft $3,650 $3,433 3
1,300 to 1,400 sqft $4,500 $4,200 3
1,400 to 1,500 sqft $4,200 $4,200 1
Spazio @ Kovan Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $840,000 $1,434 psf 18
Spazio @ Kovan Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Spazio @ Kovan shows a latest 12-month median monthly rent of $3,000 across 18 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,000
Rentals in period 18
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Spazio @ Kovan show a median price of $1,110,000 and $1,459 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,110,000
Latest 12M median PSF $1,459 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Spazio @ Kovan has 18 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $16.7M
Latest record Sept 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Spazio @ Kovan numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,000/mo Test gross and net yield against typical rent. Buy vs rent $1.1M Compare ownership cost against renting. Mortgage $1.1M Estimate monthly payment from the sale price. Stamp duty $1,459 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D19 to compare Spazio @ Kovan against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Spazio @ Kovan FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Spazio @ Kovan?
Spazio @ Kovan has a latest 12-month median monthly rent of $3,000 across 18 rentals in that period.
What is the typical sale price at Spazio @ Kovan?
The latest 12-month median sale price for Spazio @ Kovan is $1,110,000, based on 2 sales in that period.
What is the median sale PSF at Spazio @ Kovan?
The latest 12-month median sale price per square foot for Spazio @ Kovan is $1,459 psf. The average for the same period is $1,459 psf.
Is Spazio @ Kovan freehold or leasehold?
Spazio @ Kovan is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Spazio @ Kovan located?
Spazio @ Kovan is located at 767 Upper Serangoon Road Spazio @ Kovan Singapore 534635 in D19 / Serangoon Garden, Hougang, Punggol.
How current is the Spazio @ Kovan transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.