Wai Wing Centre

Apartment · in Novena, District 12, Singapore · Freehold · Completed 1991

Data through 1 November 2024

Intro: Wai Wing Centre offers a rare freehold address in the lively Balestier district that balances urban convenience with spacious, large-format layouts reaching up to 2,616 sqft 🏢.
Good to know: Located within 1km of CHIJ Primary and St. Joseph's Institution Junior 🏫; Features a low-density environment with only 9 units in total 🤫; Enjoy quick access to the Novena MRT station for seamless city travel 🚇.
Practical note: While the location is vibrant and well-connected, residents should note that the property is a smaller-scale apartment development without extensive full-facility condo amenities.

D12RCRCentralNovena

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Top 20

Schools

Mega

Development

< 10y

Property Age

100%

Profitable

50+

Deals Past Yr

Wai Wing Centre project details

Street

Balestier Road

Property Type

Apartment

Completion

1991

Total Units

-1

Plot Ratio

3.0

Unit Size

1,292 - 2,616 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Wai Wing Centre

Novena638 m MRTNS20
Toa Payoh678 m MRTNS19

See details on nearby stations

Primary schools near Wai Wing Centre

Chij Primary (Toa Payoh)933 m
St. Joseph'S Institution Junior980 m

See details on nearby schools

Wai Wing Centre price, PSF and transaction trends

33%

HDB Buyers

$12.1M+

Total Transacted

24-04-1996

First Transacted

21-01-2021

Last Transacted

Total Transactions

Wai Wing Centre transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Wai Wing Centre, the median price was S$934,500 and the median PSF was S$616 psf. The newest record shown is from 21 January 2021. The annual project median was 66.8% higher in 2021 than in 1996; unit mix can affect year-to-year comparisons.

Recent Wai Wing Centre transactions

Date	Sale type	Price	PSF	Size
21 January 2021	Resale	S$1,280,000	S$991 psf	1,292 sqft
4 August 2020	Resale	S$1,252,000	S$969 psf	1,292 sqft
15 September 2017	Resale	S$1,039,000	S$804 psf	1,292 sqft
9 February 2017	Resale	S$1,060,000	S$821 psf	1,292 sqft
13 August 2010	Resale	S$830,000	S$643 psf	1,292 sqft

Wai Wing Centre median transaction PSF (S$)

Wai Wing Centre annual price trend

Year	Median price	Median PSF	Recorded sales
2021	S$1,280,000	S$991 psf	1
2020	S$1,252,000	S$969 psf	1
2017	S$1,049,500	S$812 psf	2
2010	S$1,240,000	S$637 psf	2
2007	S$1,011,500	S$530 psf	2
1999	S$620,000	S$480 psf	1
1997	S$770,000	S$596 psf	1
1996	S$767,500	S$594 psf	2

80.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

9.8 yrs

Avg Holding

$1.5M

Total Profits

Wai Wing Centre annualized profit %

View full details

Wai Wing Centre rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 12 recorded rental contracts for Wai Wing Centre, the median monthly rent was S$2,900, with records ranging from S$2,250 to S$5,100.

Recent Wai Wing Centre rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 November 2024	—	S$4,900	S$4 psf	1200-1300
1 November 2022	—	S$5,100	S$4 psf	1200-1300
1 November 2021	—	S$3,000	S$2 psf	1200-1300
1 December 2020	—	S$2,250	S$2 psf	1200-1300
1 November 2020	—	S$3,000	S$2 psf	1200-1300

Wai Wing Centre rental volume

View full details

Frequently asked questions about Wai Wing Centre

How much do units at Wai Wing Centre cost?

The latest 12 recorded sales show a median price of S$934,500 and a median of S$616 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Wai Wing Centre?

The latest recorded median monthly rent is S$2,900. Rental yield is indicative and can vary by unit and costs.

Is Wai Wing Centre freehold or leasehold?

Wai Wing Centre has a tenure of Freehold.

When was Wai Wing Centre completed?

Wai Wing Centre was completed in 1991.

Which MRT or LRT station is nearest to Wai Wing Centre?

Novena is the nearest station shown, at an estimated straight-line distance of 638 metres.

Which primary schools are near Wai Wing Centre?

The primary schools shown within the page’s one-kilometre search are Chij Primary (Toa Payoh) (933 m) and St. Joseph'S Institution Junior (980 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 November 2024. Figures are indicative and do not constitute financial advice.