We track 12 sales and 68 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MEDGE dashboard.
- Average sale price: $1,296,417 across 12 transactions
- Estimated gross rental yield: 3.1%
- District 11 PSF ranking: Mid-range (top 68%)
- Freehold tenure · CCR · D11 · 44 units
About MEDGE
MEDGE is a freehold condominium, located at MINBU ROAD in District 11 (Watten Estate, Novena, Thomson) (Core Central Region), developed by MACLY PTE LTD, comprising 44 residential units, completed in 2007.
As a freehold property, MEDGE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MEDGE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $1,718 psf | $795,000 |
| 2 BR | 8 | $1,625 psf | $1,356,750 |
| 3 BR | 1 | $1,765 psf | $2,318,000 |
Sales Market Overview
MEDGE has recorded 12 sale transactions with an average transaction price of $1,296,417, ranging from $720,000 to $2,318,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,538 psf | $974,000 | — |
| 2022 | 2 | $1,657 psf | $1,040,000 | ↑ 7.7% |
| 2023 | 4 | $1,661 psf | $1,223,250 | ↑ 0.3% |
| 2024 | 2 | $1,725 psf | $1,884,000 | ↑ 3.8% |
| 2025 | 2 | $1,718 psf | $1,434,000 | ↓ 0.4% |
MEDGE ranks in the top 68% of condos in District 11 by average PSF.
Compared to the CCR average of $2,447 psf, MEDGE trades 32.2% below the segment benchmark.
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Rental Market Overview
MEDGE has recorded 68 rental transactions with monthly rents averaging $3,295/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 16 | $2,681/mo | $1,950/mo | $3,600/mo |
| 2 BR | 34 | $3,473/mo | $2,300/mo | $6,500/mo |
| 3 BR | 18 | $3,503/mo | $2,500/mo | $4,600/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 15 | $2,637/mo |
| 2022 | 13 | $2,931/mo |
| 2023 | 14 | $3,761/mo |
| 2024 | 11 | $3,682/mo |
| 2025 | 10 | $3,624/mo |
| 2026 | 5 | $3,400/mo |
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Investment Analysis
Based on average rents and sale prices, MEDGE delivers an estimated gross rental yield of 3.1%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 11
Side-by-side comparison against the most actively traded condos in District 11 (Watten Estate, Novena, Thomson):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | 340 | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | 180 | $3,236 psf | 179 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | 417 | $1,974 psf | 93 |
| PEAK RESIDENCE | Freehold | 90 | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | 311 | $1,903 psf | 72 |
Location Map
Map shows MEDGE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MEDGE
- Novena MRT
- Toa Payoh MRT
- Farrer Park MRT
- Boon Keng MRT
- CHIJ Our Lady Queen of Peace
- Beatty Secondary School
- School of Science and Technology
Nearby MRT Stations
MEDGE is 800m from Novena MRT (North-South Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 800m |
| Toa Payoh | NS19 | North-South Line | 1.1 km |
| Farrer Park | NE8 | North-East Line | 1.3 km |
| Boon Keng | NE9 | North-East Line | 1.3 km |
Nearby Schools
There are 23 schools within 2 km of MEDGE, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 530m |
| Beatty Secondary School | Secondary | 890m |
| School of Science and Technology | Jc | 1.0 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.1 km |
| Balestier Hill Primary School | Primary | 1.3 km |
| Farrer Park Primary School | Primary | 1.3 km |
| St. Margaret's Secondary School | Secondary | 1.3 km |
| St. Margaret's Primary School | Primary | 1.4 km |
| Bendemeer Primary School | Primary | 1.4 km |
| Bendemeer Secondary School | Secondary | 1.5 km |
| New Town Primary School | Primary | 1.5 km |
| St. Joseph's Institution | Secondary | 1.6 km |
FAQ
What is the average price for MEDGE?
What is the rental yield for MEDGE?
Is MEDGE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 12 transactions analysed
- Rental data: 68 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for MEDGE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.