Urban Heritage

Apartment · in Novena, District 12, Singapore · Freehold · Completed 2015

Data through 1 July 2026

Urban Heritage project gallery

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

Intro: Urban Heritage is a boutique 15-unit freehold residence in Balestier that offers a quiet, low-density living experience while keeping you within reach of Boon Keng MRT station for city-fringe connectivity 🚆.
Good to know: Completed in 2015; Located within 1km of Hong Wen School 🏫; Features a compact mix of 1-bedroom units and 2-bedroom penthouses.
Practical note: As a smaller development without extensive recreational facilities, this residence is best suited for those who prioritize a low-key lifestyle and convenient access to the local food scene over onsite amenities 🍜.

D12RCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.0

Annual Returns

Avg annualized profit (past 1y)

0.1%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Urban Heritage project details

Street

Balestier Road

Developer

Tiec Holdings Pte Ltd

Property Type

Apartment

Completion

2015

Total Units

Plot Ratio

3.0

Unit Size

431 - 850 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Urban Heritage

Boon Keng928 m MRTNE9
Farrer Park938 m MRTMRT
Novena996 m MRTMRT

See details on nearby stations

Primary schools near Urban Heritage

Hong Wen School465 m
St. Joseph'S Institution Junior962 m
Farrer Park Primary School1,000 m

See details on nearby schools

Urban Heritage price, PSF and transaction trends

47%

HDB Buyers

$14.4M+

Total Transacted

25-05-2012

First Transacted

24-06-2026

Last Transacted

Total Transactions

Urban Heritage transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Urban Heritage, the median price was S$732,500 and the median PSF was S$1,339 psf. The newest record shown is from 24 June 2026. The annual project median was 6.0% lower in 2026 than in 2012; unit mix can affect year-to-year comparisons.

Recent Urban Heritage transactions

Date	Sale type	Price	PSF	Size
24 June 2026	Resale	S$690,000	S$1,394 psf	495 sqft
19 September 2022	Resale	S$611,000	S$1,419 psf	431 sqft
29 September 2021	Resale	S$750,000	S$1,290 psf	581 sqft
23 December 2020	Resale	S$710,000	S$1,319 psf	538 sqft
3 December 2020	Resale	S$715,000	S$1,230 psf	581 sqft

Urban Heritage median transaction PSF (S$)

Urban Heritage annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$690,000	S$1,394 psf	1
2022	S$611,000	S$1,419 psf	1
2021	S$750,000	S$1,290 psf	1
2020	S$712,500	S$1,274 psf	2
2017	S$805,000	S$954 psf	2
2015	S$850,000	S$1,082 psf	1
2013	S$1,000,000	S$1,498 psf	1
2012	S$695,834	S$1,482 psf	10

20.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

10.1 yrs

Avg Holding

-$388,000

Total Profits

Urban Heritage annualized profit %

View full details

Urban Heritage rental prices and estimated yield

Past 1 month

$4.66

Avg PSF Rental

No. of Rentals

4.0%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Urban Heritage, the median monthly rent was S$3,000, with records ranging from S$2,500 to S$3,350.

Recent Urban Heritage rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 July 2026	2 BR	S$3,000	S$5 psf	600-700
1 June 2026	1 BR	S$2,500	S$6 psf	400-500
1 May 2026	2 BR	S$3,350	S$3 psf	1100-1200
1 April 2026	1 BR	S$2,500	S$6 psf	400-500
1 December 2025	2 BR	S$3,000	S$5 psf	500-600

Urban Heritage rental volume

View full details

Frequently asked questions about Urban Heritage

How much do units at Urban Heritage cost?

The latest 12 recorded sales show a median price of S$732,500 and a median of S$1,339 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Urban Heritage?

The latest recorded median monthly rent is S$3,000 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 Urban Heritage freehold or leasehold?

Urban Heritage has a tenure of Freehold.

When was Urban Heritage completed and who developed it?

Urban Heritage was completed in 2015, the developer is Tiec Holdings Pte Ltd, and the project has 15 units.

Which MRT or LRT station is nearest to Urban Heritage?

Boon Keng is the nearest station shown, at an estimated straight-line distance of 928 metres.

Which primary schools are near Urban Heritage?

The primary schools shown within the page’s one-kilometre search are Hong Wen School (465 m), St. Joseph'S Institution Junior (962 m), and Farrer Park Primary School (1,000 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 July 2026. Figures are indicative and do not constitute financial advice.