Artist’s impression of Stars of Kovan.
The VIP preview for Stars of Kovan, a new mixed-use development in District 19, will start this Saturday (7 May), said marketing agent CBRE.
Hong Kong-based Cheung Kong Property Holdings (CKPH) is developing the 99-year leasehold project, which comprises 390 apartments and five strata terrace units across four blocks.
The one- to three-bedroom apartments range in size from approximately 506 sq ft to 1,023 sq ft, while the strata terrace units are around 1,830 sq ft. CBRE is also marketing the 46 strata-titled commercial units on the ground floor, which have a British theme.
According to CBRE, the residential units will be priced between $1,550 psf to $1,600 psf. Specifically, the one-bedders will be priced from $800,000, while the two-bedders start from around $1.2 million. The three-bedders will cost about $1.5 million.
Located within a landed housing estate, Stars of Kovan is close to Kovan MRT station. Shopping malls such as Heartland Mall and NEX, as well as schools and business hubs, are also nearby.
Joseph Tan, CBRE’s Executive Director for Residential, said: “The market has a strong appetite for mixed developments. Quality projects near MRT stations within a mature estate are limited in supply and command a premium.”
The developer is also considering offering an early bird discount for the first batch of units being marketed for sale.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
