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Kovan Melody

Condominium · District 19 (Serangoon Gardens / Hougang / Punggol) · Outside Central Region · 99-year lease (77 yrs left) · Updated Aug 2026

Kovan Melody is a 99-year lease (77 yrs left) condominium development in District 19 (Serangoon Gardens / Hougang / Punggol). It has 119 recorded private transactions. Latest sale: $1,660,000 (Aug 2026, 84 sqm, floors 16-20). Median $1,550/sqft. Prices up 38.2% over the period. 77 years lease remaining.

Latest Sale
$1,660,000
Aug 2026 · 84 sqm
Median Price
$1,550/sqft
$1,763,000 typical unit
Transactions
119
$1,065–$2,021 psf
Price Trend
▲ 38.2%
~6.8% a year

Where Kovan Melody ranks in District 19

All 142 projects ›
Median psf
Top 30%
#42 / 142 Top 30%
Typical unit price
Top 17%
#24 / 142 Top 17%
Most recent sale
Top 44%
#62 / 142 Top 44%
Price growth
Top 13%
#16 / 127 Top 13%

Median psf over time

Estimate a unit at Kovan Melody

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +6.8%/yr
Lease decay −0.27%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

77 yrs
Remaining lease
0.27%
Annual decay (Bala's Table)
2004
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.27% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,548 34
06-10 $1,432 36
11-15 $1,552 37
16-20 $1,669 12

Recent transactions

DateFloorType AreaPricepsf
Aug 2026 16-20 Resale 84 sqm $1,660,000 $1,836
Aug 2026 06-10 Resale 81 sqm $1,528,680 $1,753
Jul 2026 11-15 Resale 131 sqm $2,850,000 $2,021
Jul 2026 01-05 Resale 114 sqm $2,320,000 $1,891
Jun 2026 11-15 Resale 131 sqm $2,680,000 $1,901
Jun 2026 06-10 Resale 114 sqm $2,200,000 $1,793
Jun 2026 06-10 Resale 120 sqm $2,380,000 $1,843
May 2026 06-10 Resale 114 sqm $2,200,000 $1,793
May 2026 01-05 Resale 84 sqm $1,528,000 $1,690
May 2026 16-20 Resale 113 sqm $2,360,000 $1,940
Apr 2026 11-15 Resale 114 sqm $2,398,000 $1,954
Apr 2026 01-05 Resale 98 sqm $1,680,000 $1,593
Mar 2026 01-05 Resale 157 sqm $2,738,000 $1,620
Mar 2026 11-15 Resale 84 sqm $1,618,888 $1,790
Mar 2026 16-20 Resale 141 sqm $2,800,000 $1,845
Dec 2025 01-05 Resale 113 sqm $2,050,000 $1,685
Dec 2025 01-05 Resale 120 sqm $2,330,000 $1,804
Nov 2025 11-15 Resale 113 sqm $2,200,000 $1,809
Oct 2025 11-15 Resale 121 sqm $2,480,000 $1,904
Oct 2025 01-05 Resale 114 sqm $2,080,000 $1,695
Oct 2025 06-10 Resale 115 sqm $2,175,000 $1,757
Sep 2025 11-15 Resale 116 sqm $2,280,000 $1,826
Aug 2025 06-10 Resale 84 sqm $1,500,000 $1,659
Jul 2025 01-05 Resale 84 sqm $1,420,000 $1,571
Jul 2025 01-05 Resale 114 sqm $2,145,000 $1,748
Showing 25 of 119 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Kovan Melody is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
1 school in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Kovan Melody, with their median resale psf. Useful for comparing what Kovan Melody costs per square foot against nearby developments.

More condos in District 19
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Kovan Melody

Kovan Melody in District 19 (Serangoon Gardens / Hougang / Punggol) has been a strong performer, with median psf up roughly 38.2% over the period (about 6.8% a year). Its $1,550 psf median runs about 9% above the District 19 median, ahead of around 71% of projects there. It has a busy transaction history, with 119 sales between 2021-09 and 2026-08, ranging from $1,080,000 to $2,850,000. The most recent transaction was a 84 sqm unit (floors 16-20) at $1,660,000 in Aug 2026, and the median is $1,550 psf. Floor level matters here: units on the higher 16-20 band have traded around 8% per square foot above the 01-05 band. On Bala's Table (the SLA leasehold valuation model), the relativity ratio at 77 years remaining is 0.9293, an annual lease decay of about 0.27%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Kovan Melody cost?

The most recent transaction at Kovan Melody was $1,660,000 for a 84 sqm unit in 2026-08. The median price is $1,550 per square foot across 119 transactions, ranging from $1,080,000 to $2,850,000. Data sourced from URA.

Is Kovan Melody freehold or leasehold?

Kovan Melody is on a 99-year lease commencing in 2004, with approximately 77 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.27%.

What is the price per square foot (psf) at Kovan Melody?

The median price at Kovan Melody is $1,550 psf, with transactions ranging from $1,065 to $2,021 psf. This is based on 119 URA-recorded transactions in District 19.

Have prices at Kovan Melody gone up or down?

Prices at Kovan Melody have increased by approximately 38.2% over the data period (around 6.8% a year). The median price is currently $1,550 psf, with the most recent sale at $1,660,000 in 2026-08.