Gilstead 38

Apartment · in Novena, District 11, Singapore · Freehold · Completed 1999

Data through 1 April 2026

Gilstead 38 site plan and project gallery

Site plan is shown first when available. Scroll to view more project images.

Intro: Novena residents at Gilstead 38 enjoy a boutique, 23-unit freehold environment that keeps you within a short walk of Newton MRT station and local schools 🏫.
Good to know: Completed in 1999; Within 1km of Anglo-Chinese School (Primary) 📚; Dual-line connectivity via Newton MRT interchange 🚆.
Practical note: This intimate development offers a quiet, low-density atmosphere but features fewer recreational facilities than larger mega-projects 🌳.

D11CCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.3

Annual Returns

Avg annualized profit (past 1y)

4.7%

< 1km

MRT Station

> 1K

MOPs in Town

Top 20

Schools

Mega

Development

< 10y

Property Age

Near

$1M+ HDB

100%

Profitable

50+

Deals Past Yr

Gilstead 38 project details

Street

Gilstead Road

Property Type

Apartment

Completion

1999

Total Units

Plot Ratio

1.4

Unit Size

980 - 2,583 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Gilstead 38

Newton488 m MRTDT11NS21
Novena503 m MRTNS20

See details on nearby stations

Primary schools near Gilstead 38

Anglo-Chinese School (Primary)390 m
St. Joseph'S Institution Junior749 m
Anglo-Chinese School (Junior)1,000 m

See details on nearby schools

Gilstead 38 price, PSF and transaction trends

19%

HDB Buyers

$65.0M+

Total Transacted

11-04-1998

First Transacted

19-11-2025

Last Transacted

Total Transactions

Gilstead 38 transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Gilstead 38, the median price was S$1,480,000 and the median PSF was S$1,317 psf. The newest record shown is from 19 November 2025. The annual project median was 17.7% higher in 2025 than in 2011; unit mix can affect year-to-year comparisons.

Recent Gilstead 38 transactions

Date	Sale type	Price	PSF	Size
19 November 2025	Resale	S$1,920,000	S$1,699 psf	1,130 sqft
19 March 2025	Resale	S$2,620,000	S$1,337 psf	1,959 sqft
22 March 2024	Resale	S$1,850,000	S$1,889 psf	980 sqft
1 November 2022	Resale	S$1,450,000	S$1,480 psf	980 sqft
4 May 2018	Resale	S$1,850,000	S$944 psf	1,959 sqft

Gilstead 38 median transaction PSF (S$)

Gilstead 38 annual price trend

Year	Median price	Median PSF	Recorded sales
2025	S$2,270,000	S$1,518 psf	2
2024	S$1,850,000	S$1,889 psf	1
2022	S$1,450,000	S$1,480 psf	1
2018	S$1,850,000	S$944 psf	1
2017	S$2,400,000	S$945 psf	1
2015	S$1,430,000	S$1,460 psf	1
2012	S$1,510,000	S$771 psf	1
2011	S$1,369,000	S$1,290 psf	4

84.4%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.9 yrs

Avg Holding

$8.2M

Total Profits

Gilstead 38 annualized profit %

View full details

Gilstead 38 rental prices and estimated yield

Past 1 month

$3.93

Avg PSF Rental

No. of Rentals

3.1%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Gilstead 38, the median monthly rent was S$4,050, with records ranging from S$3,250 to S$5,650.

Recent Gilstead 38 rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 April 2026	2 BR	S$3,600	S$4 psf	900-1000
1 February 2026	3 BR	S$5,500	S$4 psf	1300-1400
1 November 2025	2 BR	S$4,000	S$4 psf	900-1000
1 October 2025	2 BR	S$4,100	S$4 psf	1100-1200
1 May 2025	2 BR	S$4,000	S$4 psf	900-1000

Gilstead 38 rental volume

View full details

Frequently asked questions about Gilstead 38

How much do units at Gilstead 38 cost?

The latest 12 recorded sales show a median price of S$1,480,000 and a median of S$1,317 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Gilstead 38?

The latest recorded median monthly rent is S$4,050 and the estimated rental yield based on the past six months is 3.1%. Rental yield is indicative and can vary by unit and costs.

Is Gilstead 38 freehold or leasehold?

Gilstead 38 has a tenure of Freehold.

When was Gilstead 38 completed?

Gilstead 38 was completed in 1999 and the project has 23 units.

Which MRT or LRT station is nearest to Gilstead 38?

Newton is the nearest station shown, at an estimated straight-line distance of 488 metres.

Which primary schools are near Gilstead 38?

The primary schools shown within the page’s one-kilometre search are Anglo-Chinese School (Primary) (390 m), St. Joseph'S Institution Junior (749 m), and Anglo-Chinese School (Junior) (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 April 2026. Figures are indicative and do not constitute financial advice.