RPS · Resale Project Scorecard
Park Residences Kovan — Grade B
RPS score 6.17/10 · D19 · Hougang, Punggol, Sengkang · 41 units · scored across 7 weighted factors — methodology published.
FH · KOVAN CENTRAL PTE LTD · TOP 2014
Solid, middle-of-the-pack project. Standout strengths: tenure, total returns. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 8/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +1.11% — near-median performance within its 2014-era cohort (46th percentile).
2 primary schools within 1km (nearest: XINGHUA PRIMARY SCHOOL at 0.95km). Strong school proximity — a genuine advantage for young families.
41 units — very small project; niche product with thin resale market.
0.43km from Kovan Mrt Stn (NE13) — short walk to MRT, good transport convenience.
Rental yield of 4.31% — strong income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Serangoon North MRT (CR9, CRL1) at 1.82km, far enough that the impact on this project is modest.
Primary schools within 1km: Xinghua Primary School, PAYA Lebar Methodist Girls' School (Primary).
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The verdict· Scores updated September 2026
Park Residences Kovan scores 6.17 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 925th of 2,357 resale condos scored in Singapore and 112th of 180 in District 19 (Hougang, Punggol, Sengkang). Its strongest factors are Tenure (10/10) and MRT Proximity (8/10); its weakest is Future Transformation (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure, total returns. Key weaknesses: future transformation, project size.
See all 180 scored condos in District 19 (Hougang, Punggol, Sengkang) →
RPS · Resale Project Scorecard
Recent resale transactions at Park Residences Kovan
URA REALIS records no resale transactions at Park Residences Kovan in the 12 months to September 2026. The Historical Performance factor (5/10) is scored on 10-year price performance against same-vintage peers instead.
Park Residences Kovan: frequently asked questions
Answers generated from the scorecard data — RPS rank 925th of 2,357, scores updated September 2026.
- Is Park Residences Kovan a good buy in 2026?
- Park Residences Kovan scores 6.17/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 925th of 2,357 Singapore resale condos and 112th of 180 in District 19 (Hougang, Punggol, Sengkang). Solid, middle-of-the-pack project. Standout strengths: tenure, total returns. Key weaknesses: future transformation, project size. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Park Residences Kovan?
- URA REALIS records no resale transactions at Park Residences Kovan in the 12 months to September 2026, so there is no recent PSF to quote. RPS scores the project's Historical Performance factor (5/10) on its 10-year resale price performance against same-vintage peers instead.
- How far is Park Residences Kovan from the nearest MRT station?
- Park Residences Kovan is about 430m from Kovan MRT (NE13), scoring 8/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Park Residences Kovan compare with Affluence Court?
- Affluence Court is the project scored next to Park Residences Kovan on the District 19 ranking: 6.18 (Grade B) against Park Residences Kovan's 6.17 (Grade B). Park Residences Kovan scores higher on Rental Yield (8 vs 3) and MRT Proximity (8 vs 6); Affluence Court scores higher on Project's Historical Performance (5 vs 8) and Future Transformation (3 vs 4).
- Which primary schools are within 1km of Park Residences Kovan?
- 2 primary schools are within 1km of Park Residences Kovan: Xinghua Primary School, PAYA Lebar Methodist Girls' School (Primary). 2 primary schools within 1km (nearest: XINGHUA PRIMARY SCHOOL at 0.95km). Strong school proximity — a genuine advantage for young families. Park Residences Kovan scores 7/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Park Residences Kovan, and how big is the project?
- Park Residences Kovan is freehold, completed in 2014, has 41 units, developed by KOVAN CENTRAL PTE LTD. Freehold tenure — no lease decay concerns, preserves long-term value. 41 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Park Residences Kovan in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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