Diamond Tower

Apartment · in Novena, District 12, Singapore · Freehold

Data through 1 July 2010

Intro: Diamond Tower offers spacious, freehold apartment living on Jalan Rajah that places you within reach of Toa Payoh’s vibrant community hubs and essential transport connections 🏢.
Good to know: Features generously sized units starting from over 1,500 sq ft 📏; Located within one kilometer of CHIJ Primary and Secondary schools 🏫; Established freehold development in the Central Region completed in 1977 🗓️.
Practical note: While the location is well-connected, residents should account for a moderate walk to the nearest MRT station, making this a better fit for those who prefer occasional cycling or bus rides 🚌.

D12RCRCentralNovena

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Top 20

Schools

Mega

Development

< 10y

Property Age

100%

Profitable

50+

Deals Past Yr

Diamond Tower project details

Street

Jalan Rajah

Property Type

Apartment

Total Units

-1

Plot Ratio

2.8

Unit Size

1,561 - 42,432 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Diamond Tower

Toa Payoh521 m MRTNS19
Novena806 m MRTNS20

See details on nearby stations

Primary schools near Diamond Tower

Chij Primary (Toa Payoh)851 m
Kheng Cheng School1,000 m

See details on nearby schools

Diamond Tower price, PSF and transaction trends

43%

HDB Buyers

$59.5M+

Total Transacted

01-04-1995

First Transacted

08-04-2010

Last Transacted

Total Transactions

Diamond Tower transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Diamond Tower, the median price was S$785,000 and the median PSF was S$503 psf. The newest record shown is from 8 April 2010. The annual project median was 110.3% higher in 2010 than in 1996; unit mix can affect year-to-year comparisons.

Recent Diamond Tower transactions

Date	Sale type	Price	PSF	Size
8 April 2010	Resale	S$49,600,000	S$1,169 psf	42,432 sqft
23 September 2009	Resale	S$980,000	S$628 psf	1,561 sqft
18 November 2002	Resale	S$520,000	S$333 psf	1,561 sqft
23 December 2001	Resale	S$650,000	S$416 psf	1,561 sqft
29 November 2001	Resale	S$630,000	S$404 psf	1,561 sqft

Diamond Tower median transaction PSF (S$)

Diamond Tower annual price trend

Year	Median price	Median PSF	Recorded sales
2010	S$49,600,000	S$1,169 psf	1
2009	S$980,000	S$628 psf	1
2002	S$520,000	S$333 psf	1
2001	S$630,000	S$404 psf	3
1999	S$770,000	S$493 psf	1
1998	S$590,000	S$378 psf	1
1997	S$880,000	S$531 psf	3
1996	S$922,000	S$556 psf	1

50.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

5.8 yrs

Avg Holding

$130,000

Total Profits

Diamond Tower annualized profit %

View full details

Diamond Tower rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Diamond Tower, the median monthly rent was S$2,800, with records ranging from S$1,900 to S$3,300.

Recent Diamond Tower rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2010	—	S$2,800	S$2 psf	1700-1800
1 May 2010	—	S$3,200	S$2 psf	1600-1700
1 April 2010	—	S$1,900	S$1 psf	1600-1700
1 January 2010	—	S$2,150	S$1 psf	1700-1800
1 January 2010	—	S$3,150	S$2 psf	1500-1600

Diamond Tower rental volume

View full details

Frequently asked questions about Diamond Tower

How much do units at Diamond Tower cost?

The latest 12 recorded sales show a median price of S$785,000 and a median of S$503 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Diamond Tower?

The latest recorded median monthly rent is S$2,800. Rental yield is indicative and can vary by unit and costs.

Is Diamond Tower freehold or leasehold?

Diamond Tower has a tenure of Freehold.

Which MRT or LRT station is nearest to Diamond Tower?

Toa Payoh is the nearest station shown, at an estimated straight-line distance of 521 metres.

Which primary schools are near Diamond Tower?

The primary schools shown within the page’s one-kilometre search are Chij Primary (Toa Payoh) (851 m) and Kheng Cheng School (1,000 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 2010. Figures are indicative and do not constitute financial advice.