We track 7 sales and 178 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the NOVENA REGENCY dashboard.
- Average sale price: $1,612,270 across 7 transactions
- Estimated gross rental yield: 2.5%
- District 11 PSF ranking: Mid-range (top 62%)
- Freehold tenure · CCR · D11 · 55 units
About NOVENA REGENCY
NOVENA REGENCY is a freehold condominium, located at THOMSON ROAD in District 11 (Watten Estate, Novena, Thomson) (Core Central Region), developed by FRAGRANCE REALTY PTE LTD, comprising 55 residential units, completed in 2017.
As a freehold property, NOVENA REGENCY does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at NOVENA REGENCY:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 3 | $1,893 psf | $915,000 |
| 1 BR | 1 | $1,935 psf | $1,250,000 |
| 4 BR | 3 | $1,497 psf | $2,430,296 |
Sales Market Overview
NOVENA REGENCY has recorded 7 sale transactions with an average transaction price of $1,612,270, ranging from $880,000 to $2,680,888.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,267 psf | $2,210,000 | — |
| 2023 | 4 | $1,826 psf | $1,372,500 | ↑ 44.1% |
| 2024 | 2 | $1,767 psf | $1,792,944 | ↓ 3.2% |
NOVENA REGENCY ranks in the top 62% of condos in District 11 by average PSF.
Compared to the CCR average of $2,447 psf, NOVENA REGENCY trades 29.3% below the segment benchmark.
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Rental Market Overview
NOVENA REGENCY has recorded 178 rental transactions with monthly rents averaging $3,414/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 10 | $5,510/mo | $4,000/mo | $7,000/mo |
| 1 BR | 64 | $2,753/mo | $2,000/mo | $3,600/mo |
| 2 BR | 88 | $3,468/mo | $2,000/mo | $7,000/mo |
| 3 BR | 16 | $4,450/mo | $3,600/mo | $4,900/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 32 | $2,631/mo |
| 2022 | 41 | $3,372/mo |
| 2023 | 28 | $3,452/mo |
| 2024 | 36 | $3,664/mo |
| 2025 | 33 | $3,839/mo |
| 2026 | 8 | $3,744/mo |
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Investment Analysis
Based on average rents and sale prices, NOVENA REGENCY delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
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 NOVENA REGENCY (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- NOVENA REGENCY
- Novena MRT
- Newton MRT
- Newton MRT
- Mount Pleasant MRT
- Toa Payoh MRT
- St. Joseph'
- Singapore Chinese Girls'
- CHIJ Our Lady Queen of Peace
Nearby MRT Stations
NOVENA REGENCY is 270m from Novena MRT (North-South Line), with 5 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 270m |
| Newton | NS21 | North-South Line | 900m |
| Newton | DT11 | Downtown Line | 900m |
| Mount Pleasant | TE10 | Thomson-East Coast Line | 960m |
| Toa Payoh | NS19 | North-South Line | 1.4 km |
Nearby Schools
There are 17 schools within 2 km of NOVENA REGENCY, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| St. Joseph's Institution | Secondary | 650m |
| Singapore Chinese Girls' School (Primary) | Primary | 790m |
| CHIJ Our Lady Queen of Peace | Primary | 860m |
| Anglo-Chinese School (Primary) | Primary | 910m |
| St. Margaret's Primary School | Primary | 920m |
| St. Margaret's Secondary School | Secondary | 940m |
| New Town Primary School | Primary | 1.0 km |
| Beatty Secondary School | Secondary | 1.6 km |
| St. Anthony's Primary School | Primary | 1.6 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.7 km |
| School of Science and Technology | Jc | 1.8 km |
| ACS (Junior) | Primary | 1.8 km |
FAQ
What is the average price for NOVENA REGENCY?
What is the rental yield for NOVENA REGENCY?
Is NOVENA REGENCY 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: 7 transactions analysed
- Rental data: 178 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 NOVENA REGENCY
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