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Novena Ville

Apartment · in Novena, District 11, Singapore · Freehold · Completed 1980

Data through 1 October 2012

Novena Ville project gallery

Novena Ville property photo 1 in SingaporeNovena Ville property photo 2 in Singapore

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

Intro: Novena Ville is a low-rise, freehold apartment complex located within a four-minute walk of Novena MRT station 🚇.
Good to know: Located in District 11 with easy access to shopping hubs like Square 2 and Velocity 🛍️; Within one kilometer of reputable schools including St. Joseph's Institution Junior 🏫.
Practical note: As an older 1980s development, it offers a more compact, intimate living environment that may lack the extensive recreational facilities found in modern high-rise projects.

D11CCRCentralNovena
On this pageSite plan & photosProject detailsNearby MRT & schoolsPrices & transactionsRental trendsFAQs
< 1km
MRT Station
> 1K
MOPs in Town
Top 20
Schools
Mega
Development
< 10y
Property Age
Near
$1M+ HDB
100%
Profitable
50+
Deals Past Yr

Novena Ville project details

Street
Thomson Road
Property Type
Apartment
Completion
1980
Total Units
-1
Plot Ratio
1.4
Unit Size
1,184 - 64,907 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
30

MRT and LRT stations near Novena Ville

  • Novena202 m · MRTNS20
  • Newton888 m · MRTDT11
See details on nearby stations

Primary schools near Novena Ville

  • St. Joseph'S Institution Junior587 m
  • Anglo-Chinese School (Primary)698 m
See details on nearby schools

Novena Ville price, PSF and transaction trends

35%
HDB Buyers
$157.1M+
Total Transacted
01-05-1995
First Transacted
24-05-2012
Last Transacted
31
Total Transactions

Novena Ville transaction volume

Novena Ville transaction volume012342004 · Resale: 120042005 · Resale: 420052006 · Resale: 120062007 · Resale: 320072008 · Resale: 320082010 · Resale: 120102011 · Resale: 220112012 · Resale: 42012
New SaleSub SaleResale

Among the latest 12 recorded sales for Novena Ville, the median price was S$1,690,000 and the median PSF was S$918 psf. The newest record shown is from 24 May 2012. The annual project median was 444.6% higher in 2012 than in 2004; unit mix can affect year-to-year comparisons.

Recent Novena Ville transactions

DateSale typePricePSFSize
24 May 2012ResaleS$32,880,950S$2,026 psf16,227 sqft
24 May 2012ResaleS$32,880,950S$2,026 psf16,227 sqft
24 May 2012ResaleS$32,880,950S$2,026 psf16,227 sqft
24 May 2012ResaleS$32,880,950S$2,026 psf16,227 sqft
21 January 2011ResaleS$1,700,000S$924 psf1,841 sqft

Novena Ville median transaction PSF (S$)

Novena Ville median transaction PSF (S$)01.0K2.0K3.0K2004 · Median PSF: 37220042005 · Median PSF: 30420052006 · Median PSF: 43420062007 · Median PSF: 76620072008 · Median PSF: 70120082010 · Median PSF: 83620102011 · Median PSF: 91820112012 · Median PSF: 2.0K2012

Novena Ville annual price trend

YearMedian priceMedian PSFRecorded sales
2012S$32,880,950S$2,026 psf4
2011S$1,690,000S$918 psf2
2010S$990,000S$836 psf1
2008S$900,000S$701 psf3
2007S$1,410,000S$766 psf3
2006S$798,000S$434 psf1
2005S$544,063S$304 psf4
2004S$445,000S$372 psf1
81.8%
% Profitable
9
Profitable
2
Unprofitable
7
> 6% Annualized
3.6 yrs
Avg Holding
$3.2M
Total Profits

Novena Ville annualized profit %

Novena Ville annualized profit %-15.0%0.0%15.0%30.0%45.0%1997 · Average Annualized Profit: 14.7%19971999 · Average Annualized Profit: -6.7%19992003 · Average Annualized Profit: -0.2%20032006 · Average Annualized Profit: 42.5%20062007 · Average Annualized Profit: 39.3%20072008 · Average Annualized Profit: 1.9%20082010 · Average Annualized Profit: 10.8%20102011 · Average Annualized Profit: 22.4%2011
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Novena Ville rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 12 recorded rental contracts for Novena Ville, the median monthly rent was S$3,000, with records ranging from S$2,350 to S$3,600.

Recent Novena Ville rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 October 2012—S$2,800S$2 psf1100-1200
1 September 2012—S$3,000S$2 psf1200-1300
1 June 2012—S$3,300S$3 psf1200-1300
1 June 2012—S$3,000S$2 psf1200-1300
1 April 2012—S$3,000S$3 psf1100-1200

Novena Ville rental volume

Novena Ville rental volume0258102005 · Rentals: 720052006 · Rentals: 820062007 · Rentals: 820072008 · Rentals: 520082009 · Rentals: 1020092010 · Rentals: 820102011 · Rentals: 520112012 · Rentals: 82012
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Frequently asked questions about Novena Ville

How much do units at Novena Ville cost?

The latest 12 recorded sales show a median price of S$1,690,000 and a median of S$918 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Novena Ville?

The latest recorded median monthly rent is S$3,000. Rental yield is indicative and can vary by unit and costs.

Is Novena Ville freehold or leasehold?

Novena Ville has a tenure of Freehold.

When was Novena Ville completed?

Novena Ville was completed in 1980.

Which MRT or LRT station is nearest to Novena Ville?

Novena is the nearest station shown, at an estimated straight-line distance of 202 metres.

Which primary schools are near Novena Ville?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (587 m) and Anglo-Chinese School (Primary) (698 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 October 2012. Figures are indicative and do not constitute financial advice.

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