Novelis

Apartment · in Novena, District 11, Singapore · Freehold · Completed 2008

Data through 18 August 2026

Novelis site plan and project gallery

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

Intro: Novelis is a boutique 24-unit freehold residence that puts you within a five-minute walk of Novena MRT station and the bustling medical and retail hub 🚆.
Good to know: Located just a short walk from St. Joseph's Institution Junior 🏫; Features a compact mix of 1-bedroom and 2-bedroom units plus two exclusive penthouses 🏠.
Practical note: While this intimate size offers a quiet, low-density atmosphere, you will find fewer sprawling facilities compared to larger mega-condos 🏢.

D11CCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.1

Annual Returns

Avg annualized profit (past 1y)

2.1%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Novelis project details

Street

Sinaran Drive

Developer

Novena Capital Pte Ltd

Property Type

Apartment

Completion

2008

Total Units

Plot Ratio

2.8

Unit Size

527 - 15,522 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Novelis

Novena308 m MRTNS20

See details on nearby stations

Primary schools near Novelis

St. Joseph'S Institution Junior151 m
Farrer Park Primary School892 m

See details on nearby schools

Novelis price, PSF and transaction trends

32%

HDB Buyers

$67.3M+

Total Transacted

26-06-2007

First Transacted

18-08-2026

Last Transacted

Total Transactions

Novelis transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Novelis, the median price was S$985,000 and the median PSF was S$1,804 psf. The newest record shown is from 18 August 2026. The annual project median was 11.5% higher in 2026 than in 2014; unit mix can affect year-to-year comparisons.

Recent Novelis transactions

Date	Sale type	Price	PSF	Size
18 August 2026	Resale	S$992,000	S$1,881 psf	527 sqft
16 June 2026	Resale	S$990,000	S$1,877 psf	527 sqft
21 March 2023	Resale	S$958,000	S$1,816 psf	527 sqft
6 February 2023	Resale	S$1,580,000	S$1,957 psf	807 sqft
6 April 2022	Resale	S$880,000	S$1,668 psf	527 sqft

Novelis median transaction PSF (S$)

Novelis annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$991,000	S$1,879 psf	2
2023	S$1,269,000	S$1,886 psf	2
2022	S$1,200,000	S$1,776 psf	2
2021	S$921,500	S$1,748 psf	2
2018	S$1,056,250	S$1,544 psf	2
2017	S$1,253,000	S$1,596 psf	4
2016	S$1,250,000	S$1,548 psf	5
2014	S$1,360,000	S$1,685 psf	1

64.3%

% Profitable

Profitable

Unprofitable

> 6% Annualized

7.4 yrs

Avg Holding

$21,275

Total Profits

Novelis annualized profit %

View full details

Novelis rental prices and estimated yield

Past 1 month

$5.31

Avg PSF Rental

No. of Rentals

3.4%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Novelis, the median monthly rent was S$3,800, with records ranging from S$3,150 to S$6,500.

Recent Novelis rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	2 BR	S$4,150	S$5 psf	800-900
1 July 2026	2 BR	S$3,800	S$4 psf	800-900
1 May 2026	1 BR	S$3,200	S$6 psf	500-600
1 May 2026	3 BR	S$6,500	S$5 psf	1200-1300
1 May 2026	1 BR	S$3,400	S$6 psf	500-600

Novelis rental volume

View full details

Frequently asked questions about Novelis

How much do units at Novelis cost?

The latest 12 recorded sales show a median price of S$985,000 and a median of S$1,804 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Novelis?

The latest recorded median monthly rent is S$3,800 and the estimated rental yield based on the past six months is 3.4%. Rental yield is indicative and can vary by unit and costs.

Is Novelis freehold or leasehold?

Novelis has a tenure of Freehold.

When was Novelis completed and who developed it?

Novelis was completed in 2008, the developer is Novena Capital Pte Ltd, and the project has 24 units.

Which MRT or LRT station is nearest to Novelis?

Novena is the nearest station shown, at an estimated straight-line distance of 308 metres.

Which primary schools are near Novelis?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (151 m) and Farrer Park Primary School (892 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 18 August 2026. Figures are indicative and do not constitute financial advice.