Grand Tower

Apartment · in Novena, District 11, Singapore · Freehold · Completed 1978

Data through 3 August 2011

Intro: Grand Tower occupies a rare freehold spot on Moulmein Rise, placing you just a three-minute walk from Novena MRT station for seamless city travel 🚆.
Good to know: Located within 1km of St. Joseph's Institution Junior 🏫; Features a consistent unit mix of spacious 1,873 sqft apartments; Sits in the heart of the vibrant Novena medical and lifestyle hub 🏥.
Practical note: As a 1978-built project, this address focuses on generous floor plans rather than the extensive facility suites found in newer developments 🏢.

D11CCRCentralNovena

< 1km

MRT Station

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

Near

$1M+ HDB

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Grand Tower project details

Street

Moulmein Rise

Property Type

Apartment

Completion

1978

Total Units

-1

Plot Ratio

2.8

Unit Size

1,873 - 52,442 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Grand Tower

Novena240 m MRTNS20

See details on nearby stations

Primary schools near Grand Tower

St. Joseph'S Institution Junior237 m
Farrer Park Primary School970 m

See details on nearby schools

Grand Tower price, PSF and transaction trends

HDB Buyers

$105.5M+

Total Transacted

03-06-1996

First Transacted

03-08-2011

Last Transacted

Total Transactions

Grand Tower transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Grand Tower, the median price was S$1,110,000 and the median PSF was S$593 psf. The newest record shown is from 3 August 2011. The annual project median was 209.7% higher in 2011 than in 1998; unit mix can affect year-to-year comparisons.

Recent Grand Tower transactions

Date	Sale type	Price	PSF	Size
3 August 2011	Resale	S$44,250,000	S$1,688 psf	26,221 sqft
3 August 2011	Resale	S$44,250,000	S$1,688 psf	26,221 sqft
29 June 2009	Resale	S$1,600,000	S$854 psf	1,873 sqft
10 July 2007	Resale	S$1,800,000	S$961 psf	1,873 sqft
2 May 2007	Resale	S$1,200,000	S$641 psf	1,873 sqft

Grand Tower median transaction PSF (S$)

Grand Tower annual price trend

Year	Median price	Median PSF	Recorded sales
2011	S$44,250,000	S$1,688 psf	2
2009	S$1,600,000	S$854 psf	1
2007	S$1,250,000	S$667 psf	3
2006	S$1,011,750	S$540 psf	4
2004	S$835,000	S$446 psf	1
2003	S$791,500	S$422 psf	2
1999	S$1,150,000	S$614 psf	1
1998	S$1,020,000	S$545 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

4.1 yrs

Avg Holding

$1.2M

Total Profits

Grand Tower annualized profit %

View full details

Grand Tower rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Grand Tower, the median monthly rent was S$4,000, with records ranging from S$2,700 to S$4,850.

Recent Grand Tower rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 June 2011	—	S$4,000	S$2 psf	1600-1700
1 January 2011	—	S$4,000	S$2 psf	1600-1700
1 July 2010	—	S$4,000	S$2 psf	1600-1700
1 June 2010	—	S$3,800	S$2 psf	1600-1700
1 April 2010	—	S$4,300	S$3 psf	1600-1700

Grand Tower rental volume

View full details

Frequently asked questions about Grand Tower

How much do units at Grand Tower cost?

The latest 12 recorded sales show a median price of S$1,110,000 and a median of S$593 psf. Actual prices vary by floor, size, facing, condition and sale date.

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

The latest recorded median monthly rent is S$4,000. Rental yield is indicative and can vary by unit and costs.

Is Grand Tower freehold or leasehold?

Grand Tower has a tenure of Freehold.

When was Grand Tower completed?

Grand Tower was completed in 1978.

Which MRT or LRT station is nearest to Grand Tower?

Novena is the nearest station shown, at an estimated straight-line distance of 240 metres.

Which primary schools are near Grand Tower?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (237 m) and Farrer Park Primary School (970 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 3 August 2011. Figures are indicative and do not constitute financial advice.