RPS · Resale Project Scorecard
Kovana — Grade C
RPS score 5.17/10 · D19 · Hougang, Punggol, Sengkang · 18 units · scored across 7 weighted factors — methodology published.
FH · VANDAR PROPERTIES PTE LTD · TOP 2007
Below-average project with notable weaknesses. Standout strengths: tenure, MRT access. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 3/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +2.11% — below-median performance vs same-vintage peers (29th percentile of 2007-era cohort).
1 primary school within 1km (PAYA LEBAR METHODIST GIRLS' SCHOOL (PRIMARY), 1.01km away). Adequate but narrow school optionality.
18 units — very small project; niche product with thin resale market.
0.56km from Kovan Mrt Stn (NE13) — short walk to MRT, good transport convenience.
Rental yield of 2.72% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Serangoon North MRT (CR9, CRL1) at 1.78km, far enough that the impact on this project is modest.
Primary schools within 1km: PAYA Lebar Methodist Girls' School (Primary).
RPSResale Project Scorecard
Scored either side of Kovana in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.