RPS · Resale Project Scorecard
Kovan Melody — Grade A
RPS score 6.68/10 · D19 · Hougang, Punggol, Sengkang · 778 units · scored across 7 weighted factors — methodology published.
99YR · MCL Land · TOP 2006
Strong project with clear strengths. Standout strengths: project size, MRT access. Key weaknesses: future transformation, schools.
Factor breakdown
- Project's Historical Performance25% weight
- 8/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 10/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 7/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +4.30% — top-quartile performance within its 2006-era cohort (75th percentile).
1 primary school within 1km (XINGHUA PRIMARY SCHOOL, 0.75km away). Adequate but narrow school optionality.
778 units — ideal scale for liquidity and facilities without crowding. Typically the sweet spot for resale turnover.
270m from Kovan Mrt Stn (NE13) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 3.13% — below-average income return.
99YR tenure — about 77 years remaining; some long-term decay exposure but not imminent.
Limited future-catalyst exposure — nearest is Hougang MRT CRL interchange (CR8, CRL1) at 1.58km, far enough that the impact on this project is modest.
Primary schools within 1km: Xinghua Primary School.
RPSResale Project Scorecard
Scored either side of Kovan Melody in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.