RPS · Resale Project Scorecard
Space @ Kovan — Grade B
RPS score 5.61/10 · D19 · Hougang, Punggol, Sengkang · 140 units · scored across 7 weighted factors — methodology published.
FH · Qingjian Realty · TOP 2015
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: schools, future transformation.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 5/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 6/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +1.21% — near-median performance within its 2015-era cohort (52th percentile).
1 primary school within 1km (ZHONGHUA PRIMARY SCHOOL, 1.00km away). Adequate but narrow school optionality.
140 units — boutique development. Lower transaction frequency and limited shared facilities.
0.64km from Serangoon Mrt Stn (CC13) — short walk to MRT, good transport convenience.
Rental yield of 3.50% — above-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 1.90km, far enough that the impact on this project is modest.
Primary schools within 1km: Zhonghua Primary School.
The verdict· Scores updated September 2026
Space @ Kovan scores 5.61 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1438th of 2,357 resale condos scored in Singapore and 130th of 180 in District 19 (Hougang, Punggol, Sengkang). Its strongest factors are Tenure (10/10) and MRT Proximity (7/10); its weakest is Future Transformation (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: schools, future transformation.
See all 180 scored condos in District 19 (Hougang, Punggol, Sengkang) →
RPS · Resale Project Scorecard
Recent resale transactions at Space @ Kovan
12 months to September 2026 (Oct 2025 – Sep 2026): 3 resale transactions, median $1,535 psf, median price $783,666. Median PSF is down 7.3% on the previous 12 months (Oct 2024 – Sep 2025, $1,656 psf).
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | — | — | — |
| Jan–Mar 2026 | 1 | $1,763 psf | $740,000 |
| Apr–Jun 2026 | 2 | $1,482 psf | $961,833 |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 3 | $1,535 psf | $783,666 |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Space @ Kovan: frequently asked questions
Answers generated from the scorecard data — RPS rank 1438th of 2,357, scores updated September 2026.
- Is Space @ Kovan a good buy in 2026?
- Space @ Kovan scores 5.61/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1438th of 2,357 Singapore resale condos and 130th of 180 in District 19 (Hougang, Punggol, Sengkang). Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: schools, future transformation. 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 Space @ Kovan?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 3 resale transactions at Space @ Kovan, at a median of $1,535 psf and a median price of $783,666 (range $1,428 psf to $1,763 psf). The median PSF is down 7.3% on the previous 12 months (Oct 2024 – Sep 2025, $1,656 psf). Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Space @ Kovan from the nearest MRT station?
- Space @ Kovan is about 640m from Serangoon MRT (CC13), scoring 7/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Space @ Kovan compare with Jansen Spring?
- Jansen Spring is the project scored next to Space @ Kovan on the District 19 ranking: 5.61 (Grade B) against Space @ Kovan's 5.61 (Grade B). Space @ Kovan scores higher on Project Size (5 vs 3); Jansen Spring scores higher on Rental Yield (6 vs 9) and Future Transformation (3 vs 4).
- Which primary schools are within 1km of Space @ Kovan?
- One primary school is within 1km of Space @ Kovan: Zhonghua Primary School. 1 primary school within 1km (ZHONGHUA PRIMARY SCHOOL, 1.00km away). Adequate but narrow school optionality. Space @ Kovan scores 3/10 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 Space @ Kovan, and how big is the project?
- Space @ Kovan is freehold, completed in 2015, has 140 units, developed by Qingjian Realty. Freehold tenure — no lease decay concerns, preserves long-term value. 140 units — boutique development. Lower transaction frequency and limited shared facilities. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Space @ 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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