Over the past few years, the areas surrounding the Kovan MRT Station have seen many new residential development such as The Tembusu, Trilive @ Kovan, Charlton 18, Charlton 27 and One Surin. Besides residential development, mixed development projects such as Stars of Kovan and The Promenade @ Pelikat are making their way to Kovan.
On a government level, an ambitious heritage corridor project is set to transform the Upper Serangoon Road to a very hip new residential and commercial estate rich in culture. Kovan will come alive at night with food haven with a wide selection of eateries which offer local and western cuisine. Kovan will be transformed into a very hip new residential estate with first class condominiums.
The Promenade @ Pelikat is set to tap on this new hip neighborhood.