Compare the price trends for 3-bedroom condos near Kovan MRT station.

To compare the price trends for 3-bedroom units in condos near the Kovan MRT station, here are some key points based on recent data:

Kovan Residences

• This condo, located along Kovan Road, has seen sale prices ranging from approximately S$1,545 psf to S$1,945 psf over the last 12 months, with an average price of around S$1,742 psf. For a 3-bedroom unit, which typically ranges from 1,200 to 1,300 sqft, prices can be estimated between S$1.8 million to S$2.5 million.

Kovan Jewel

• This is a newer development, completed in 2024, and it is a freehold property. Prices for 3-bedroom units, which are around 1,076 to 1,141 sqft, range from S$2,057 psf to S$2,227 psf. This translates to prices between approximately S$2.2 million to S$2.5 million.

Suites @ Kovan

• Although this development is older (completed in 2010) and has smaller units, it is worth noting that the prices here are generally lower. However, 3-bedroom units are less common in this development, and prices would typically be lower compared to the other two condos mentioned, but still in the range of S$1.8 million to S$2.2 million for a 3-bedroom unit, assuming an average price of around S$1,899 psf.

General Trend

• The price trend in the area shows that newer developments like Kovan Jewel tend to have higher psf prices due to their newer age and freehold status.
• Older developments like Kovan Residences and Suites @ Kovan may offer slightly lower prices but still maintain a strong market value due to their location and amenities.

Overall, the prices for 3-bedroom units near the Kovan MRT station vary based on the age, tenure, and specific development, but generally range from around S$1.8 million to S$2.5 million.