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Commercial Directory · Retail · District 19

Space @ Kovan

6 sales from Feb 2022 to Nov 2025, at a median $3,203 psf (12 months to Oct 2026).

District 19 At a glance

Median psf, 12 months
$3,203
Sales since Feb 2022
6
Latest sale, Nov 2025
$3,203 psf
Tenure
Freehold

1 of 4 sellers with a known purchase price sold for more than they paid; the median made -0.0% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20222$2,818
20232$2,770
20241$1,973
20251$3,203

A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.

6 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
13 Nov 2025Retail1312$1,000,000$3,203ResaleJan 2011, $888k$112k0.8%
15 Mar 2024Retail1269$531,000$1,973ResaleJan 2011, $727k-$196k-2.4%
29 Nov 2023Retail1237$608,000$2,567Resale–––
27 Apr 2023Retail1312$927,888$2,972ResaleJan 2011, $928k-$0k0.0%
28 Sept 2022Retail11,206$2,750,000$2,281ResaleMay 2011, $2.77M-$24k-0.1%
11 Feb 2022Retail1194$650,000$3,355ResaleFeb 2011, $650k––

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Space @ Kovan Questions

How much does a unit at Space @ Kovan cost?

6 unit sales at Space @ Kovan from Feb 2022 to Nov 2025 went for $1,973 to $3,355 psf, a median $2,770 psf on units of 194 to 1,206 sq ft. The latest, in Nov 2025, was $1,000,000 for 312 sq ft ($3,203 psf).

Did sellers at Space @ Kovan make money?

1 of 4 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller lost $12k, -0.0% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Space @ Kovan?

The sales here are retail units in District 19 (Outside Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.