Sales in July

Kovan Residences in Kovan Road sold 87 units at a median price of $882 psf - just below its $887 psf in June

Another 20 units sold

Over in the Kovan MRT Station vicinity, the developer of Kovan Residences sold about 20 units last week, bringing total sales to over 100 units since the 99-year project was previewed at a private party on June 28. The average price is somewhere in the $870-900 psf range.

Another 20+ units sold

At Kovan Residences , another 20-plus units were sold at the weekend, taking total sales to more than 80 since the 99-year-leasehold project next to Kovan MRT Station was previewed at a private party on June 28. 
 
The average price is between $870 and $900 psf.

Preview sells 50

MORE than 50 units have been sold at Kovan Residences since a private preview party last Saturday. 
 
Average price is $870-900 psf; buyers mostly Singaporeans 
 
The lowest-priced unit in the development is a two-bedroom apartment for just over $700,000. The most expensive is a penthouse below $4 million. Three-bedroom apartments start from $1 million. 
 
Kovan Residences will have 512 apartments in eight blocks, all 18 storeys high. The 16 penthouses in the development range from around 2,400-4,600 square feet and come with a private pool or a Jacuzzi. The project is being developed on a 190,000 sq ft site bought in a state tender in October last year for $436 psf per plot ratio.

Preview soon

Situated next to Kovan MRT Station, an outfit controlled by UOB-Kay Hian star stockbroker pair Han Seng Juan and David Loh Kim Kang is getting ready to release its 512-unit condo, according to industry sources. 
 
Centurion Kovan , which is developing the project, plans to preview the condo soon to ‘remisier friends’ of Messrs Han and Loh. There are also plans to preview the condo overseas, including China. The average price is expected to be in the $850-900 psf range. 
 
The duo bought the 189,812 sq ft site at a state tender in October last year for around $436 psf per plot ratio.