The Axis

Apartment · in Novena, District 11, Singapore · Freehold · Completed 2009

Data through 1 June 2026

The Axis site plan and project gallery

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

Intro: 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 🚌.

D11CCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.6

Annual Returns

Avg annualized profit (past 1y)

3.4%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

The Axis project details

Street

Mandalay Road

Developer

Novelty Asia Pte Ltd

Property Type

Apartment

Completion

2009

Total Units

Plot Ratio

2.8

Unit Size

398 - 2,207 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near The Axis

Novena731 m MRTNS20
Toa Payoh894 m MRTNS19

See details on nearby stations

Primary schools near The Axis

Hong Wen School897 m
St. Joseph'S Institution Junior915 m

See details on nearby schools

The Axis price, PSF and transaction trends

32%

HDB Buyers

$131.3M+

Total Transacted

02-02-2007

First Transacted

29-05-2026

Last Transacted

143

Total Transactions

The Axis transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for The Axis, the median price was S$1,425,500 and the median PSF was S$1,752 psf. The newest record shown is from 29 May 2026. The annual project median was 22.5% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent The Axis transactions

Date	Sale type	Price	PSF	Size
29 May 2026	Resale	S$1,360,000	S$1,805 psf	753 sqft
25 May 2026	Resale	S$1,465,000	S$1,791 psf	818 sqft
20 April 2026	Resale	S$1,470,000	S$1,797 psf	818 sqft
22 August 2025	Resale	S$1,423,000	S$1,739 psf	818 sqft
7 August 2025	Resale	S$755,000	S$1,896 psf	398 sqft

The Axis median transaction PSF (S$)

The Axis annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,465,000	S$1,797 psf	3
2025	S$1,425,500	S$1,752 psf	6
2024	S$1,575,000	S$1,673 psf	2
2023	S$972,500	S$1,705 psf	2
2022	S$1,660,000	S$1,455 psf	1
2021	S$1,207,500	S$1,458 psf	4
2020	S$1,540,000	S$1,358 psf	4
2019	S$1,048,800	S$1,467 psf	3

97.8%

% Profitable

Profitable

Unprofitable

> 6% Annualized

5.1 yrs

Avg Holding

$20.3M

Total Profits

The Axis annualized profit %

View full details

The Axis rental prices and estimated yield

Past 1 month

$5.99

Avg PSF Rental

No. of Rentals

4.0%

Est. Rental Yield

Among the latest 12 recorded rental contracts for The Axis, the median monthly rent was S$3,716, with records ranging from S$2,600 to S$5,000.

Recent The Axis rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 June 2026	2 BR	S$4,500	S$6 psf	700-800
1 May 2026	2 BR	S$3,783	S$4 psf	800-900
1 April 2026	2 BR	S$3,400	S$5 psf	700-800
1 April 2026	1 BR	S$2,850	S$8 psf	300-400
1 March 2026	2 BR	S$3,650	S$5 psf	700-800

The Axis rental volume

View full details

Frequently asked questions about The Axis

How much do units at The Axis cost?

The latest 12 recorded sales show a median price of S$1,425,500 and a median of S$1,752 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The Axis?

The latest recorded median monthly rent is S$3,716 and the estimated rental yield based on the past six months is 4.0%. Rental yield is indicative and can vary by unit and costs.

Is The Axis freehold or leasehold?

The Axis has a tenure of Freehold.

When was The Axis completed and who developed it?

The Axis was completed in 2009, the developer is Novelty Asia Pte Ltd, and the project has 52 units.

Which MRT or LRT station is nearest to The Axis?

Novena is the nearest station shown, at an estimated straight-line distance of 731 metres.

Which primary schools are near The Axis?

The primary schools shown within the page’s one-kilometre search are Hong Wen School (897 m) and St. Joseph'S Institution Junior (915 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 June 2026. Figures are indicative and do not constitute financial advice.