Kovan Jewel was developed by Soon Lian Realty Pte Ltd
- Total Units: 34 + 1 Shop
- Bedroom Type: 1, 3 and 4 bedroom
- Vacant of possession: Q4 2023
- Location: 51 Kovan Road Singapore 548534
| Suitable for people looking for the following, |
|---|
| Near to MRT station and Amenities |
| Freehold |
| Within 1km of renowned primary school; Paya Lebar Methodist Girls School (Primary) |
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Kovan Jewel is in Kovan, a precinct within Hougang. Hougang and Serangoon towns are established towns that already boast a diversity of commercial amenities, residential types and employment opportunities.
Both towns will be revitalised with new housing, community amenities and parks. The Cross Island Line (CRL) will shorten residents’ commute time even further
Location of Kovan Jewel
Primary Education
Parents looking for a renowned primary school will be delighted to know that Kovan Jewel is well within 1km of Paya Lebar Methodist Girls School (Primary) and Xinghua Primary School. Within 1-2km will have Rosyth School, Maris Stella High School, Holy Innocents Primary School and more.
Amenities
Heading to the supermarket or wet market on a daily basis is very convenient from the location of Kovan Jewel for this freehold property, and it can be done for generations.
Many people make a special trip down to Kovan Food Centre for famous local foods such as Cheng Kee Beef Kway Teow. We can also relax at Ice Edge Cafe, which has served many of us for decades and may even be where many of us first went on dates. If you enjoy walking your dog, do also stop by Lola’s Cafe for lunch.
Public Transport
A short walk of about 500m will bring you to Kovan MRT station, which is a North East line that connects Singapore’s city centre to the island’s northeastern regions.
From Punggol to Harbour Front, with stops at popular stations like Clark Quay, Outram Park, and Dhoby Ghaut, the train provides convenience for individuals who frequently commute to the city for business, recreation, or gatherings.
Paya Lebar Airbase relocation
According to an article by The Business Times on 22 August 2022. It mentioned that the Relocation of Paya Lebar Air Base could enhance the prospects of some neighbouring condos.
With Kovan Jewel sitting in Hougang, an estate that will benefit from the relocation of Paya Lebar Airbase.
Given that Kovan Jewel has a freehold status, an attribute that allows the owner to be patient and wait for the value to rise, especially when this site may be able to develop taller buildings in the future due to the relocation of the airbase, which will also mean some of the building height restrictions around it can be lifted.
Koven Jewel’s resale value might benefit when more neighbouring developments are selected for en-bloc. Once the time comes to en-bloc Kovan Jewel, the developer will be more prepared to pay the owner more if the height restriction is lifted.
Kovan Jewel pricing
Given its freehold status and proximity to MRT stations and malls, it may appear to be an excellent bargain even if it is listed at an average of $2,300psf. In fact, is an average of $2,1xxpsf only.
Check with us for the latest availabilities and pricing.
| Type | Size (sqft) | Price | PSF | Units |
|---|---|---|---|---|
| 1 Bedroom | 624 | $1,323,000 – $1,428,000 | $2,120 – $2,288 | 8 |
| 1 Bedroom+Study | 721 | $1,518,000 – $1,638,000 | $2,105 – $2,272 | 5 |
| 2 Bedroom+2 Study | 1,238 | $2,718,800 | $2,196 | 1 |
| 3 Bedroom | 1,076 | $2,326,700 – $2,398,000 | $2,162 – $2,229 | 3 |
| 3 Bedroom+Study | 1,141 | $2,290,700 – $2,468,000 | $2,008 – $2,163 | 6 |
| 4 Bedroom | 2,153 | $4,242,800 – $4,252,800 | $1,971 – $1,975 | 2 |
| 4 Bedroom+Study | 1,991 | $4,088,800 – $4,108,800 | $2,054 – $2,064 | 2 |
Kovan Jewel Floor Plan and Site Plan
White goods given will be from Samsung and or Bosch. While floor-to-ceiling height will be 2.9m for all units in the living/dining area.
Check out the Kovan Jewel Floor Plan and Site Plan at a later date when the developer gets it ready for us, or register your interest with us for the latest updates.
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Our Opinion
Usually, we don’t recommend development with less than 100 units.
The unique feature of Kovan Jewel is that it is a freehold property located in a place with potential as a result of the relocation of Paya Lebar Airbase, yet is close to a renowned primary school, a mall, and an MRT station.