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Novena Lodge

D11CCRCentralNovena
REALSCOREⓘ
Profitability rank across Singapore
2.2
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
4.7%

Novena Lodge offers a boutique freehold living experience with a unit mix dominated by spacious three-bedroom layouts, keeping residents within a short walk of Novena MRT station and the area's vibrant medical and retail hub 🚆.
Good to know: Located in the heart of the Novena planning area 📍; Features a high concentration of three-bedroom units making up over 66% of the development 🏠; Within 1km of several schools including St. Joseph's Institution Junior 🏫.
Practical note: As a low-rise development completed in 1999, it offers a more intimate scale than newer mega-projects, though residents should note that facilities are more modest compared to modern high-density condominiums 🏡.

< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Top 20
Schools
Mega
Development
< 10y
Property Age
100%
Profitable
50+
Deals Past Yr

Project Facts

Street
Jalan Merlimau
Developer
N.A.
Property Type
Condominium
Completion
1999
Total Units
-1
Plot Ratio
1.4
Unit Size
592 - 1,033 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
30

Nearby Stations

  • Novena456 m MRTNS20
  • Mount Pleasant863 m MRTTE10
See details on nearby stations

Nearby Primary Schools

  • Anglo-Chinese School (Primary)806 m
  • St. Joseph'S Institution Junior857 m
  • Chij Primary (Toa Payoh)1,000 m
See details on nearby schools

Transaction

N.A.
Sold At Launch
25%
HDB Buyers
$116.2M+
Total Transacted
13-11-1995
First Transacted
21-01-2026
Last Transacted
122
Total Transactions

Transaction Volume

Transaction Volume001222017 · Resale: 120172018 · Resale: 120182019 · Resale: 120192021 · Resale: 120212022 · Resale: 220222023 · Resale: 220232024 · Resale: 120242026 · Resale: 12026
New SaleSub SaleResale
64.3%
% Profitable
36
Profitable
20
Unprofitable
8
> 6% Annualized
9.7 yrs
Avg Holding
$8.0M
Total Profits

Annualized Profit %

Annualized Profit %0.0%2.5%5.0%7.5%10.0%2017 · Average Annualized Profit: 2.5%20172018 · Average Annualized Profit: 3.9%20182019 · Average Annualized Profit: 4.8%20192021 · Average Annualized Profit: 1.3%20212022 · Average Annualized Profit: 2.9%20222023 · Average Annualized Profit: 3.5%20232024 · Average Annualized Profit: 9.2%20242026 · Average Annualized Profit: 4.7%2026
View full details

Rental

Past 1 month
$4.72
Avg PSF Rental
11
No. of Rentals
2.9%
Est. Rental Yield

Rental Volume

Rental Volume01020302019 · Rentals: 2520192020 · Rentals: 3020202021 · Rentals: 2320212022 · Rentals: 2220222023 · Rentals: 1720232024 · Rentals: 2220242025 · Rentals: 2020252026 · Rentals: 102026
View full details
Unit Distribution
TypeUnits%Size
1 BR34.50%592 sqft
2 BR1928.80%646 - 893 sqft
3 BR4466.70%936 - 1,033 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
230872964.3%1.0%
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