Stars of Kovan

Stars of Kovan at 988 Upper Serangoon Road is a highly sought-after 99-year leasehold mixed-use development located in District 19. By integrating residential living with ground-floor commercial shops, it brings a vibrant “work-live-play” lifestyle directly to the heart of the mature Kovan neighborhood.

Key project facts

• Type & tenure: A mixed development comprising private residential condominiums and commercial shops on a 99-year leasehold tenure (starting from February 25, 2015).

• Completion & scale: Achieved TOP in 2020. It features a total of 395 residential units (390 apartment units across four 17-storey blocks and 5 exclusive strata terrace houses), alongside 46 British-inspired commercial shops on the ground level.

• Developer:Developed by Kovan Treasure Pte Ltd, a subsidiary of the renowned Hong Kong developer Cheung Kong Property Holdings (CKPH).

Location and connectivity

• Address & setting:Situated prominently at the intersection of Upper Serangoon Road and Tampines Road.

• MRT access:Unbeatable convenience.It is merely a 2- to 3-minute walk to Kovan MRT(North-East Line). This provides residents with swift access to the city and places them just one stop away from the Serangoon MRT Interchange (and NEX megamall).

• Road links:Excellent central connectivity.Drivers are quickly linked to major expressways including the Kallang-Paya Lebar Expressway (KPE), Tampines Expressway (TPE), Pan Island Expressway (PIE), and Central Expressway (CTE).

Layouts and design

• Unit mix:Provides a highly practical range of layouts tailored for diverse needs. It includes 1-bedroom units (approx. 506 to 517 sq ft), 2-bedroom units (approx. 732 to 807 sq ft), 3-bedroom units (approx. 947 to 1,023 sq ft), and sprawling strata terrace houses (1,830 sq ft).

• Design approach:The units are cleverly designed by the developer to optimize livable space and feature luxurious, high-quality finishes. The surrounding low-rise landed precinct also means that higher units enjoy unblocked views.

• Positioning:Targets young couples, urban professionals, and investors seeking the sheer convenience of a mixed development with immediate MRT access.

Facilities and lifestyle

• Facilities:Beyond the 46 ground-floor retail shops that offer instant retail therapy, residents enjoy a full suite of private facilities.These include a lap pool, a clubhouse, a gymnasium room, BBQ pits, and multiple lounges and fitness corners.

• Nearby amenities:Extremely well-supported by the mature Kovan heartland.Just a few minutes away, residents have access to Heartland Mall(featuring a Cold Storage), the famous Kovan Hougang Market & Food Centre, and numerous local eateries and cafes.

Market and buyer appeal

• Resale positioning:The development is highly liquid on the resale market.Recent transactions generally trade within an average of S$ 1,771 to S$ 1,915 PSF, which is highly competitive for a relatively new mixed-use development so close to an MRT station.

• Rental demand:Outstanding.The combination of its District 19 location, direct commercial amenities downstairs, and a short walk to Kovan MRT guarantees a steady stream of tenants, historically providing healthy rental yields around 3.4%.

• Key appeal:Ultimate Convenience.Buyers and tenants alike choose Stars of Kovan for the effortless lifestyle of having transport, dining, and retail options literally at their doorstep.