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The Axis

D11CCRCentralNovena
REALSCOREⓘ
Profitability rank across Singapore
2.6
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
3.4%

The Axis is a 52-unit freehold residence in Novena that offers a quiet, boutique living environment while keeping you within a comfortable walk of Novena MRT station and the area's extensive shopping and dining hubs 🏙️.
Good to know: Features an intimate collection of just 52 homes including varied penthouse layouts 🏠; Located within 1km of both Hong Wen School and St. Joseph's Institution Junior 🏫.
Practical note: While the location is highly accessible, residents should note that the walk to Novena MRT takes about 12 minutes, making it a better fit for those who enjoy a brisk stroll or prefer short bus hops 🚌.

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

Project Facts

Street
Mandalay Road
Developer
Novelty Asia Pte Ltd
Property Type
Apartment
Completion
2009
Total Units
52
Plot Ratio
2.8
Unit Size
398 - 2,207 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
30

Nearby Stations

  • Novena731 m MRTNS20
  • Toa Payoh894 m MRTNS19
See details on nearby stations

Nearby Primary Schools

  • Hong Wen School897 m
  • St. Joseph'S Institution Junior915 m
See details on nearby schools

Transaction

N.A.
Sold At Launch
32%
HDB Buyers
$131.3M+
Total Transacted
02-02-2007
First Transacted
29-05-2026
Last Transacted
143
Total Transactions

Transaction Volume

Transaction Volume023462019 · Resale: 320192020 · Resale: 420202021 · Resale: 420212022 · Resale: 120222023 · Resale: 220232024 · Resale: 220242025 · Resale: 620252026 · Resale: 32026
New SaleSub SaleResale
97.8%
% Profitable
88
Profitable
3
Unprofitable
47
> 6% Annualized
5.1 yrs
Avg Holding
$20.3M
Total Profits

Annualized Profit %

Annualized Profit %0.0%1.5%3.0%4.5%6.0%2019 · Average Annualized Profit: 1.2%20192020 · Average Annualized Profit: 2.1%20202021 · Average Annualized Profit: 3.4%20212022 · Average Annualized Profit: 3.0%20222023 · Average Annualized Profit: 2.8%20232024 · Average Annualized Profit: 4.5%20242025 · Average Annualized Profit: 3.2%20252026 · Average Annualized Profit: 3.7%2026
View full details

Rental

Past 1 month
$6.16
Avg PSF Rental
8
No. of Rentals
4.1%
Est. Rental Yield

Rental Volume

Rental Volume051015202019 · Rentals: 1920192020 · Rentals: 1420202021 · Rentals: 2020212022 · Rentals: 1720222023 · Rentals: 1620232024 · Rentals: 1720242025 · Rentals: 1020252026 · Rentals: 72026
View full details
Unit Distribution
TypeUnits%Size
1 BR1223.10%398 sqft
2 BR2446.20%753 - 818 sqft
2 BR Penthouse11.90%786 sqft
3 BR1223.10%1,141 sqft
3 BR Penthouse23.80%1,507 - 1,647 sqft
4 BR Penthouse11.90%2,207 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
4730822796.7%7.1%
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