16 Sime Road

Detached House · in Novena, District 11, Singapore · Freehold · Completed 2007

Data through 24 May 2024

Intro: 16 Sime Road is a detached house located along Sime Road within District 11 with a freehold tenure. It was completed in 2007. So far it has been transacted a total of 4 times, amounting to $31.0M+ in total.

D11CCRCentralNovena

16 Sime Road project details

Street

Sime Road

Property Type

Detached

Completion

2007

Total Units

-1

Unit Size

5,583 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

16 Sime Road price, PSF and transaction trends

HDB Buyers

$31.0M+

Total Transacted

24-05-2007

First Transacted

24-05-2024

Last Transacted

Total Transactions

16 Sime Road transaction volume

New SaleSub SaleResale

Among the latest 4 recorded sales for 16 Sime Road, the median price was S$7,520,000 and the median PSF was S$1,347 psf. The newest record shown is from 24 May 2024. The annual project median was 121.3% higher in 2024 than in 2007; unit mix can affect year-to-year comparisons.

Recent 16 Sime Road transactions

Date	Sale type	Price	PSF	Size
24 May 2024	Resale	S$11,000,000	S$1,970 psf	5,583 sqft
18 December 2017	Resale	S$8,560,000	S$1,533 psf	5,583 sqft
21 October 2009	Resale	S$6,480,000	S$1,161 psf	5,583 sqft
24 May 2007	New Sale	S$4,970,000	S$890 psf	5,583 sqft

16 Sime Road median transaction PSF (S$)

16 Sime Road annual price trend

Year	Median price	Median PSF	Recorded sales
2024	S$11,000,000	S$1,970 psf	1
2017	S$8,560,000	S$1,533 psf	1
2009	S$6,480,000	S$1,161 psf	1
2007	S$4,970,000	S$890 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

5.7 yrs

Avg Holding

$6.0M

Total Profits

16 Sime Road annualized profit %

View full details

Frequently asked questions about 16 Sime Road

How much do units at 16 Sime Road cost?

The latest 4 recorded sales show a median price of S$7,520,000 and a median of S$1,347 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 16 Sime Road freehold or leasehold?

16 Sime Road has a tenure of Freehold.

When was 16 Sime Road completed?

16 Sime Road was completed in 2007.

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 24 May 2024. Figures are indicative and do not constitute financial advice.