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Kovan Jewel
Kovan Road, 548135, Hougang / Punggol / Sengkang (D19)
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Details

Project Name

Kovan Jewel

project type

Condominium

Developer

Soon Lian Realty Pte Ltd

Tenure

Freehold

PSF

S$ 1,971 - S$ 2,229

Completion Year

2025

# of Floors

5

Total Units

34
Green Score
Average
Transport Accessibility
Sustainable Building Awards

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Data provided on BCA Green Mark Certification has been obtained from BCA's SLEB Smart Hub website.

About Kovan Jewel

Kovan Jewel

Kovan Jewel is a freehold luxury development along 51 Kovan Road in District 19 (D19). This new freehold condominium is set to attain its Temporary Occupation Permit (TOP) in Q4 2023 and will offer about 34 units with effective layouts.

Designed by Team Design, the architect behind The Sail @ Marina Bay, Kovan Jewel is conceptualised to inject a modern twist into the charm of black and white colonial bungalows.

Location

Situated in the established precinct of Hougang, Kovan Jewel does not fall short of commercial and community amenities.

Thanks to its strategic location, residents get to enjoy the convenience of Kovan MRT station that is just a short stroll away. Serangoon MRT station and the connected NEX shopping centre are just one MRT stop away, so residents get access to wider retail and dining options.

Accessibility and Amenities Nearby

Kovan MRT station is a short three-minute walk from Kovan Jewel. Kovan MRT station gives future residents access to two interchange stations: Hougang and Serangoon MRT stations. Commuters can easily switch to the Circle Line at Serangoon MRT station to get to other parts of Singapore including the Botanic Gardens, Paya Lebar and Marina Bay areas.

Once phase 1 of the Cross Island Line is completed in 2029, Hougang will serve as an interchange station. Residents will be able to travel conveniently to major employment hubs in the eastern, western, and north-eastern parts of Singapore such as the Jurong Lake District, Punggol Digital District and Changi. This will also provide Kovan Jewel residents with an alternative travelling route to the Ang Mo Kio area, significantly reducing commuting time for residents.

A 20-minute train ride from Kovan leads right to Dhoby Ghaut MRT station where commuters can switch to both the North South Line and Circle Line. From Kovan MRT station, commuters can also take a short train ride down and switch trains at Outram Park MRT station and Little India MRT station for easy access to the East-West Line and Downtown Line, respectively.

Those who prefer commuting by bus will also enjoy the connectivity of numerous bus services that run through Kovan. By bus, commuters can travel all around the island to neighbourhoods such as Telok Blangah, Bugis, Pasir Ris, Punggol, and even Queensway.

For drivers, Kovan Jewel is conveniently located near main roads such as Upper Serangoon Road and Yio Chu Kang. This gives drivers quick access to the Kallang-Paya Lebar Expressway (KPE), and the Central Expressway (CTE). Under favourable traffic conditions, getting to the Central Business District would be under an 20-minute drive while getting to the Orchard Road shopping belt would only take 15 minutes.

For recreational activities, residents can head to the nearby Kovan Sports Centre that offers eight sheltered indoor courts and an outdoor futsal court.

At the Paya Lebar Kovan Community Club, which is right across the street from Kovan Sports Centre, future residents can sign up for cooking, fitness, martial arts, and craft classes for all ages, should they wish to pick up new hobbies.

Nearby healthcare facilities include:

  • Hougang Polyclinic
  • Sengkang General Hospital
  • Kovan Clinic
  • Simon Road Family Clinic

Project Details and Facilities

  • Pool pavilion
  • Lap pool
  • Children’s pool
  • Gym
  • Function room
  • BBQ pit

Shops and Shopping Malls

Heartland Mall Kovan is just a few minutes’ walk away from Kovan Jewel. Residents can shop for daily necessities and grab a quick bite in this small but well-equipped mall.

With Serangoon being just one MRT station away, residents can enjoy convenient access to NEX – a seven-story mall which is fully-integrated with Serangoon Bus Interchange and Serangoon MRT station. This mall offers a comprehensive range of retail shops and services as well as dining options such as:

  • FairPrice Xtra (Opens 24 hours for late night grocery runs)
  • Collin’s
  • Genki Sushi
  • Starbucks
  • H&M
  • Cotton On
  • Uniqlo
  • Owndays

Other nearby dining options include:

  • Lola’s Cafe
  • Nakhon Kitchen
  • Hatter Street
  • Amber Ember
  • Tian Xin Vegetarian
  • Urban Table

Schools And Education Institutes

  • Paya Lebar Methodist Girls’ School (Primary) (Within 1km)
  • Xinghua Primary School (Within 1km)
  • Rosyth School (Within 1 to 2km)
  • Holy Innocents’ Primary School (Within 1 to 2km)
  • Montfort Junior School (Within 1 to 2km)
  • Zhonghua Primary School (Within 1 to 2km)
  • CHIJ Our Lady of Good Counsel (Within 1 to 2km)
  • Yangzheng Primary School (Within 1 to 2km)

For potential residents with slightly older children, other secondary and tertiary educational institutions not too far away include Paya Lebar Methodist Girls’ School (Secondary), Maris Stella High School, Xinmin Secondary School, St. Gabriel’s Secondary School, and Nanyang Junior College.

Kovan Jewel Developer

Soon Lian Realty Pte Ltd is a reputable home-grown real estate developer established in 1973. Soon Lian Realty Pte Ltd and its extensive network of subsidiaries worldwide possess a portfolio focused largely on hospitality, real estate development, as well as asset and property management.

Kovan Jewel Launch Details

Kovan Jewel has already been launched for viewing and sale in October 2022. To visit the the showflat, and learn more about available units and selling prices, contact Kovan Jewel's official development team or listed agents.

Kovan Jewel Site Plan

Kovan Jewel sits on a site with a land area of 5,853 sq m with a gross plot ratio of 1.4. Much like other residential projects in the area, and is a low-rise project. The development houses about 80 residential units of one-, two-, and three-bedroom apartments and penthouses.

Strategically situated along Kovan Road, Kovan Jewel is enclosed within a landed property cluster. This means residents are well-insulated from traffic noises emitted by vehicles on the main roads and can enjoy the comfort and luxury of private living in a beautifully landscaped vicinity.

Kovan URA Master Plan

Situated in the Hougang precinct, future residents will get to enjoy the benefits of new amenities, public spaces and living spaces added to Hougang and Serangoon under the URA Master Plan.

In his National Day Rally speech in 2022, PM Lee shared that in addition to freeing up land for 150,000 homes in Paya Lebar, the relocation of Paya Lebar Air Base will see the lifting of some building height restrictions in surrounding areas. This translates to a partial redevelopment of surrounding areas and nearby towns such as Hougang, Marina Parade, and Punggol.

While Hougang and Serangoon are both established estates offering a good variety of amenities, housing options, and employment opportunities, these areas will be refreshed with more seamless walking and cycling paths to encourage a more active and healthy lifestyle.

The upcoming Cross Island Line will also shorten the commuting time for Kovan Jewel residents across the island. These stations will further enhance public transport connectivity for commuters.

To create more employment opportunities, Lorong Halus will be progressively developed into a new industrial cluster for the food, lifestyle, and logistics industries. Green spaces like waterfront parks will be incorporated into the area’s design to provide more options for leisure for those working and living in the area.

Summary

Kovan Jewel For Sale

Soon Lian Realty Pte Ltd was awarded the Kovan Jewel project plot through the collective sales tender of the former Kovan Lodge at $43 million, working out to $1,134 per sq ft per plot ratio (psf ppr).

On the whole, Kovan Jewel is an asset to be considered given its potential for capital appreciation. Kovan has seen a few condominiums such as Kovan Melody and Stars of Kovan developing in the area in the last few years. Still, Kovan is considered a non-mature estate. This translates to significantly lower property prices compared to surrounding mature estates like Ang Mo Kio. As Kovan continues to develop over time, investors can potentially leverage on the lower property prices for future capital appreciation.

Moreover, less than 5% of Singapore’s total housing supply is freehold properties. This ratio is set to further decrease given that recent Government Land Sales sites are 99-year leasehold sites. This makes freehold condominiums like Kovan Jewel in land-scarce Singapore a rare find.

Adding on to the potential of this project, the upcoming completion of the Cross Island Line would also provide the transportation infrastructure to connect Kovan even more greatly to the rest of the island. This will further add to the value of Kovan Jewel and increase its appeal among property seekers.

Check out Kovan Jewel photos and available Kovan Jewel listings for sale HERE and meanwhile for rent on PropertyGuru Singapore.

Read More

Facilities & Amenities

Facilities

  • Barbeque Area
  • Car Park
  • Children's Pool
  • Function room
  • Gymnasium room
  • Lap pool
  • Pavillion
  • 24 hours security
  • Swimming pool

Buildings Details

Building # Floors # Units
Building @ 51 Kovan Road, 548135534
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