RPS · Resale Project Scorecard
Spazio @ Kovan — Grade B
RPS score 6.33/10 · D19 · Hougang, Punggol, Sengkang · 48 units · scored across 7 weighted factors — methodology published.
FH · SPAZIO LAND PTE LTD · TOP 2016
Solid, middle-of-the-pack project. Standout strengths: tenure. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 6/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +1.90% — near-median performance within its 2016-era cohort (61th percentile).
1 primary school within 1km (PAYA LEBAR METHODIST GIRLS' SCHOOL (PRIMARY), 0.94km away). Adequate but narrow school optionality.
48 units — very small project; niche product with thin resale market.
0.77km from Serangoon Mrt Stn (CC13) — short walk to MRT, good transport convenience.
Rental yield of 3.63% — 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 1.94km, far enough that the impact on this project is modest.
Primary schools within 1km: PAYA Lebar Methodist Girls' School (Primary).
The verdict· Scores updated September 2026
Spazio @ Kovan scores 6.33 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 801st of 2,357 resale condos scored in Singapore and 105th of 180 in District 19 (Hougang, Punggol, Sengkang). Its strongest factors are Tenure (10/10) and Project's Historical Performance (7/10); its weakest is Future Transformation (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure. 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 Spazio @ Kovan
12 months to September 2026 (Oct 2025 – Sep 2026): 1 resale transaction, median $1,660 psf, median price $840,000.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,660 psf | $840,000 |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 1 | $1,660 psf | $840,000 |
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.
Spazio @ Kovan: frequently asked questions
Answers generated from the scorecard data — RPS rank 801st of 2,357, scores updated September 2026.
- Is Spazio @ Kovan a good buy in 2026?
- Spazio @ Kovan scores 6.33/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 801st of 2,357 Singapore resale condos and 105th of 180 in District 19 (Hougang, Punggol, Sengkang). Solid, middle-of-the-pack project. Standout strengths: tenure. 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 Spazio @ Kovan?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 1 resale transaction at Spazio @ Kovan, at a median of $1,660 psf and a median price of $840,000. Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Spazio @ Kovan from the nearest MRT station?
- Spazio @ Kovan is about 770m 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 Spazio @ Kovan compare with Le Gambir?
- Le Gambir is the project scored next to Spazio @ Kovan on the District 19 ranking: 6.34 (Grade B) against Spazio @ Kovan's 6.33 (Grade B). Spazio @ Kovan scores higher on Project's Historical Performance (7 vs 5); Le Gambir scores higher on Primary School Effect (7 vs 9) and MRT Proximity (7 vs 8).
- Which primary schools are within 1km of Spazio @ Kovan?
- One primary school is within 1km of Spazio @ Kovan: PAYA Lebar Methodist Girls' School (Primary). 1 primary school within 1km (PAYA LEBAR METHODIST GIRLS' SCHOOL (PRIMARY), 0.94km away). Adequate but narrow school optionality. Spazio @ 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 Spazio @ Kovan, and how big is the project?
- Spazio @ Kovan is freehold, completed in 2016, has 48 units, developed by SPAZIO LAND PTE LTD. Freehold tenure — no lease decay concerns, preserves long-term value. 48 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 Spazio @ 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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