Residences @ Novena

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 1,667 psf
Range
S$ 1,667 - 1,667 psf

Rental Price **

Average
S$ 2.8 psf pm
Range
S$ 2.8 - 2.8 psf pm

Rental Yield **

2.0%

Rental income expressed as a percentage of the property's value.

Amenities

4.3
4.3

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Residences @ Novena is a leasehold (99 yrs from 2000) semi-detached house, detached house. It is developed by GROUP-LAND DEVELOPMENT PTE LTD. The development occupies a land area of 201 sqm. It consists of 11 units. According to records, buyers of this development are Singaporean 95.2%, PR 4.8%, Foreigner 0.0%, Company 0.0%.

RESIDENCES @ NOVENA is located along Jalan Novena in Novena, in District 11. It is accessible through the nearest MRTs including Novena NS20 and Mount Pleasant TE10.

Based on transaction data in the last 12 months, sale prices range from S$ 1,667 psf to S$ 1,667 psf at an average of S$ 1,667 psf. Its highest recorded transaction was S$ 1,667 psf in Jan 2024 for a 2,550-sqft unit. Its lowest recorded transaction was S$ 350 psf in Aug 2006 for a 5,436-sqft unit. Its current rental yield is at 2.0%. Other nearby amenities include: 3 Grocerie(s): L M MEAT PTE. LTD., NTUC FAIRPRICE CO-OPERATIVE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): SQUARE 2, BALESTIER HILL SHOPPING CENTRE, VELOCITY @ NOVENA SQUARE.

Buyers and tenants are attracted to District 11, which is comprised of Thomson, Watten Estate, Novena and Newton. This area is famous for a number of renowned schools, religious houses and elite residential estates. With forests and reservoirs scattered around the Thomson area, property prices here are significantly higher compared to other parts of Singapore. The Watten district next to Bukit Timah is one of the most prestigious locations for residential estates in Singapore, sharing forest and golf course greenery as well as being close to Singapore’s Central Business District. Novena is home to the Inland Revenue Authority Building and Singapore’s largest medical centre, Tan Tock Seng Hospital. Although Newton’s pace of life is relatively slow compared to neighbouring Tanglin and Orchard, its residential properties remain expensive, as it’s strategically located between Orchard Road and Bukit Timah.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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1
"Booked to stay here before Covid. Took our money. Obviously borders were closed so we couldnt travel. Did not give us refund, credit or extend our booking time until we could travel again. Instead they treated us as a no show."
C**** L*
Google Review     |   26 Jul 2022
1
"DO NOT stay at this place unless you want to be demanding for your rights and arguing with the staff for what you paid for. My partner and I stayed here for 3 week recently. We stayed for 2 months in 2020 and can say that the standards have fallen tremendously. A few days into our stay, the aircon broke down. No updates were made throughout the day and we had to demand for updates at night. A member of staff initially told that there would a room change. We waited for an hour and asked if we would start moving our stuff already. A more senior member then came to our rooms to confront us face to face in a hostile manner, saying that this change would only be for the night and not an actual room change. He mentioned that the 1st language of the other staff is not English and therefore this "miscommunication" was inevitable. When demanding to know whether we would get another room if the aircon was still not fixed the next day, he said yes, and gave us a plan for the allocated rooms which we would be staying throughout the rest of our stay. However, the next morning, the aircon was not repaired. We texted the staff again. This time they said that according to their contractor, the aircon issue had already been mended and therefore a room change was not possible. We had to force one of the staff from the office up to our rooms, who also agreed that the room wasn't cold at all. This led to long back and forth messaging with the staff throughout the day demanding for them to stick to the room changes that they had given us last night. Subsequently, we got shifted to a bigger room for 4 nights and were supposed to be transferred to a room of an equivalent size for the remainder of the stay (I could tell the room type from the room code). However, on Thurs morning, when the final change was to be made, they shoved us back into a smaller room without any explanation what so ever even after agreeing to refund us if further changes were made (when I had asked them to stick to the original plan 4 days ago). Of course a smaller, room was what I had paid for but we felt that an upgrade was the least they could do after all the trouble. In total, we made room changes 3 times throughout our stay and had to pack and carry all our stuff over. As with congruence with other reviews, the place is in serious need of an upgrade. The bathroom floors have black-colored mold on them and the ceilings in the showers too. There are ants crawling everywhere in the kitchen. The swimming pool has lots of hair and dirt floating around as well as green-ish stuff at the bottom. There are numerous cracks on the bathroom floor and the closets smell musky. Our windows are all coated with green stuff which I think is algal. They even charge a $500 dollar "special" cleaning fee if one were to come down with COVID during their stay. However, with the amount of cleaning that they actually do, I don't think that it amounts to much and wouldn't feel safe staying here. Also, the lobby is no longer air-conditioned. They claim is is never air-conditioned although it definitely was back in 2020. It is super hot and unwelcoming for a reception. I would give 0-stars if I could!"
D** N*****
Google Review     |   14 Jun 2022
5
"good location, nice staff and rooms"
S***** M****
Google Review     |   13 Jun 2022
1
"Don't book it - it's disgusting I always try my best to find something positive about a hotel/apartement. Besides the location that was perfect for my job in SG, I'm afraid, there is nothing It started with the check-in. Doors were closed when I arrived at 10pm without any message or speaker where you could call someone. Called their number, no one picked up the phone. Finally, after 30 minutes standing outside, I reached them via WhatsApp and could check-in. The building and facilities are run-down and would require a complete renovation. Worst however was that the wall behind my bed was leaking. A brown sauce was running down the wall, soaking my cushion and lining in the first night. Someone came after hours to wipe it away but of course, it came back. Installed a self-made drain system using paper towels that I had to replace in morning and afternoon. No activity from ST Residences to fix it, to offer another room or compensation. Others: Broken furniture is fixed with tape, dryer is not working, fan on balcony not working, sometimes, WiFi is not working, sink in bathroom doesn't drain...."
A*** K***
Google Review     |   23 May 2022
1
"Rude and very unhelpful people. Not recommended."
A*** M*****
Google Review     |   04 Apr 2022
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.

Sales Transaction of RESIDENCES @ NOVENA (Limited to 10)

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Asking Price of RESIDENCES @ NOVENA

Source: URA, https://www.edgeprop.sg

Listed On
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of RESIDENCES @ NOVENA

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Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
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Transactions Within 1000M In The Last 12 Months
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Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

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Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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FAQs about RESIDENCES @ NOVENA

What is the nearest MRT Station to RESIDENCES @ NOVENA ?
The nearest MRT Station from RESIDENCES @ NOVENA is Novena NS20 MRT

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