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23 Olive Road

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

Data through 1 July 2026

Intro: 23 Olive Road is a detached house located along Olive Road within District 11 with a freehold tenure. So far it has been transacted a total of 2 times, amounting to $18.0M+ in total.

D11CCRCentralNovena
On this pageProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs

23 Olive Road project details

Street
Olive Road
Property Type
Detached
Total Units
-1
Unit Size
17,033 - 24,792 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
29

MRT and LRT stations near 23 Olive Road

  • Caldecott452 m · MRTCC17TE9
  • Bukit Brown602 m · MRTCC18
  • Bukit Brown MRT Station Exit726 m · MRTMRT
See details on nearby stations

Primary schools near 23 Olive Road

  • Marymount Convent School678 m
  • Chij Primary (Toa Payoh)860 m
See details on nearby schools

23 Olive Road price, PSF and transaction trends

0%
HDB Buyers
$18.0M+
Total Transacted
14-12-2006
First Transacted
07-10-2009
Last Transacted
2
Total Transactions

23 Olive Road transaction volume

23 Olive Road transaction volume000112006 · Resale: 120062009 · Resale: 12009
New SaleSub SaleResale

Among the latest 2 recorded sales for 23 Olive Road, the median price was S$9,000,000 and the median PSF was S$450 psf. The newest record shown is from 7 October 2009. The annual project median was 62.7% higher in 2009 than in 2006; unit mix can affect year-to-year comparisons.

Recent 23 Olive Road transactions

DateSale typePricePSFSize
7 October 2009ResaleS$9,500,000S$558 psf17,033 sqft
14 December 2006ResaleS$8,500,000S$343 psf24,792 sqft

23 Olive Road median transaction PSF (S$)

23 Olive Road median transaction PSF (S$)01503004506002006 · Median PSF: 34320062009 · Median PSF: 5582009

23 Olive Road annual price trend

YearMedian priceMedian PSFRecorded sales
2009S$9,500,000S$558 psf1
2006S$8,500,000S$343 psf1
100.0%
% Profitable
1
Profitable
0
Unprofitable
0
> 6% Annualized
2.8 yrs
Avg Holding
$1.0M
Total Profits

23 Olive Road annualized profit %

23 Olive Road annualized profit %0.0%1.5%3.0%4.5%2009 · Average Annualized Profit: 4.0%2009
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23 Olive Road rental prices and estimated yield

Past 1 month
$4.80
Avg PSF Rental
6
No. of Rentals

Among the latest 12 recorded rental contracts for 23 Olive Road, the median monthly rent was S$18,500, with records ranging from S$10,000 to S$53,800.

Recent 23 Olive Road rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 July 2026—S$35,000S$6 psf5500-6000
1 July 2026—S$39,000S$7 psf5000-5500
1 April 2026—S$15,500S$4 psf3500-4000
1 March 2026—S$20,000S$1 psf15500-16000
1 January 2026—S$15,500S$6 psf2500-3000

23 Olive Road rental volume

23 Olive Road rental volume0258102019 · Rentals: 420192020 · Rentals: 1020202021 · Rentals: 620212022 · Rentals: 720222023 · Rentals: 320232024 · Rentals: 720242025 · Rentals: 720252026 · Rentals: 62026
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Frequently asked questions about 23 Olive Road

How much do units at 23 Olive Road cost?

The latest 2 recorded sales show a median price of S$9,000,000 and a median of S$450 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 23 Olive Road?

The latest recorded median monthly rent is S$18,500. Rental yield is indicative and can vary by unit and costs.

Is 23 Olive Road freehold or leasehold?

23 Olive Road has a tenure of Freehold.

Which MRT or LRT station is nearest to 23 Olive Road?

Caldecott is the nearest station shown, at an estimated straight-line distance of 452 metres.

Which primary schools are near 23 Olive Road?

The primary schools shown within the page’s one-kilometre search are Marymount Convent School (678 m) and Chij Primary (Toa Payoh) (860 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 July 2026. Figures are indicative and do not constitute financial advice.

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