16 Jalan Novena

Semi-Detached House · in Novena, District 11, Singapore · 99 yrs from 08/11/2000 · Completed 2004

Data through 1 September 2014

Intro: 16 Jalan Novena is a semi-detached house located along Jalan Novena within District 11 with a 99-year lease commencing on 8 November 2000. It was completed in 2004. So far it has been transacted a total of 2 times, amounting to $4.3M+ in total.

D11CCRCentralNovena

16 Jalan Novena project details

Street

Jalan Novena

Property Type

Semi-Detached

Completion

2004

Total Units

-1

Unit Size

2,209 sqft

Tenure

99 yrs from 08/11/2000

Lease Remaining

73 yrs

Postal Sector

MRT and LRT stations near 16 Jalan Novena

Novena242 m MRTNS20

See details on nearby stations

Primary schools near 16 Jalan Novena

St. Joseph'S Institution Junior667 m
Anglo-Chinese School (Primary)924 m

See details on nearby schools

16 Jalan Novena price, PSF and transaction trends

HDB Buyers

$4.3M+

Total Transacted

25-10-2004

First Transacted

09-04-2012

Last Transacted

Total Transactions

16 Jalan Novena transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 16 Jalan Novena, the median price was S$2,155,000 and the median PSF was S$976 psf. The newest record shown is from 9 April 2012. The annual project median was 76.3% higher in 2012 than in 2004; unit mix can affect year-to-year comparisons.

Recent 16 Jalan Novena transactions

Date	Sale type	Price	PSF	Size
9 April 2012	Resale	S$2,750,000	S$1,245 psf	2,209 sqft
25 October 2004	New Sale	S$1,560,000	S$706 psf	2,209 sqft

16 Jalan Novena median transaction PSF (S$)

16 Jalan Novena annual price trend

Year	Median price	Median PSF	Recorded sales
2012	S$2,750,000	S$1,245 psf	1
2004	S$1,560,000	S$706 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

7.5 yrs

Avg Holding

$1.2M

Total Profits

16 Jalan Novena annualized profit %

View full details

16 Jalan Novena rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 11 recorded rental contracts for 16 Jalan Novena, the median monthly rent was S$7,900, with records ranging from S$5,500 to S$14,250.

Recent 16 Jalan Novena rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 September 2014	—	S$12,000	S$3 psf	4000-4500
1 May 2013	—	S$5,800	S$1 psf	4000-4500
1 September 2012	—	S$14,250	S$3 psf	4000-4500
1 September 2010	—	S$14,000	S$3 psf	4000-4500
1 July 2009	—	S$12,500	S$3 psf	4000-4500

16 Jalan Novena rental volume

View full details

Frequently asked questions about 16 Jalan Novena

How much do units at 16 Jalan Novena cost?

The latest 2 recorded sales show a median price of S$2,155,000 and a median of S$976 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 16 Jalan Novena?

The latest recorded median monthly rent is S$7,900. Rental yield is indicative and can vary by unit and costs.

Is 16 Jalan Novena freehold or leasehold?

16 Jalan Novena has a tenure of 99 yrs from 08/11/2000.

When was 16 Jalan Novena completed?

16 Jalan Novena was completed in 2004.

Which MRT or LRT station is nearest to 16 Jalan Novena?

Novena is the nearest station shown, at an estimated straight-line distance of 242 metres.

Which primary schools are near 16 Jalan Novena?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (667 m) and Anglo-Chinese School (Primary) (924 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 September 2014. Figures are indicative and do not constitute financial advice.