HDB Blocks Near Novena MRT Station

Hdb Near Mrt Updated
Key Takeaways
  • Station: Novena (North-South Line)
  • HDB blocks within 500m: 0
  • HDB blocks within 1km: 6
  • Avg resale price nearby: $732,554
  • Average block age: 46 years

Station Overview

Novena is a station on the North-South Line. Station code: NS20.

The station is surrounded by HDB estates in KWN. There are 0 HDB blocks within comfortable walking distance (500m) and 6 within 1km, making this a moderately served MRT location for HDB residents.

Recent resale transactions indicate an average price of $732,554 for HDB flats near this station.

Key Finding
There are 0 HDB blocks within a 5–7 minute walk of Novena MRT and 6 within 1km. Average resale price nearby is $732,554.

HDB Blocks Within 500m–1km

These 6 HDB blocks are within a 10–15 minute walk or short bus ride from Novena MRT. While slightly further, these blocks often offer better value with lower resale prices.

HDB blocks within 1km of Novena MRT
BlockRoad NameTownYear BuiltUnitsDistance
1ATHOMSON RDKWN1980600m
101AH HOOD RDKWN198196780m
102JLN DUSUNKWN198196830m
103AH HOOD RDKWN198196850m
104JLN DUSUNKWN198024890m
106JLN DUSUNKWN198097910m

Price Context

Based on 9 recent HDB resale transactions (last 2 years) for streets near Novena MRT. The overall average resale price is $732,554.

HDB resale prices near Novena MRT
StreetTransactionsAvg PriceMin PriceMax Price
JLN DUSUN6$687,683$533,100$822,000
AH HOOD RD3$822,296$810,888$828,000

Flat Type & Size Analysis

Recent HDB resale transactions near Novena MRT by flat type (last 2 years). 5 ROOM flats are the most actively traded with 6 transactions at an average price of $814,481. The price efficiency is $6,902/sqm.

Flat type and size breakdown near Novena MRT
Flat TypeTransactionsAvg PriceAvg SizePrice/sqm
5 ROOM6$814,481118.0 sqm$6,902/sqm
4 ROOM3$568,70096.3 sqm$5,904/sqm

Storey Premium Analysis

Floor level significantly affects HDB resale prices near Novena MRT. The table below shows average prices by storey range (last 2 years), with premium calculated relative to the overall average of $732,554.

High-floor units (19+) command a 44.7% premium over ground-floor units near this station. This is above the national HDB average floor premium.

Storey premium near Novena MRT
Storey BandTransactionsAvg PricePremium
Ground (01–03)3$568,700-22.4%
Low (04–09)1$780,000+6.5%
Mid (10–18)3$820,296+12%
High (19+)2$823,000+12.3%

Recent Price Trend

Quarterly average resale prices for HDB blocks near Novena MRT over the last 4 quarters.

Price trend near Novena MRT
QuarterTransactionsAvg Price
2026-Q11$818,000

Rental Market & Yield

Rental transactions for HDB flats on streets near Novena MRT (last 2 years). MRT proximity typically boosts rental demand, making these units attractive for both tenants and investors.

rental market near Novena MRT
Flat TypeRental TxnsAvg Monthly RentEst. Yield
5-ROOM22$3,680/mo
4-ROOM13$3,246/mo

Block Age Profile

The 6 HDB blocks within 1km of Novena MRT range from 1981 to 1980 (built), with an average age of 46 years.

Block age distribution near Novena MRT
BuiltBlocksShare
1980s6100%

6 blocks were built before 1990 (over 35 years old). Older blocks may face lease decay considerations for buyers — remaining lease affects CPF usage and loan tenure. Consider checking the Lease Decay Calculator for impact analysis.

FAQ

How many HDB blocks are near Novena MRT?
There are 0 HDB blocks within 500m (walking distance) and 6 within 1km of Novena MRT station.
What is the average HDB resale price near Novena MRT?
The average HDB resale price for blocks near Novena MRT is approximately $732,554 based on transactions from the last 2 years.
Which flat type is most common near Novena MRT?
5 ROOM flats are the most actively traded near Novena MRT, with 6 resale transactions in the last 2 years at an average price of $814,481.
How old are HDB blocks near Novena MRT?
HDB blocks within 1km of Novena MRT have an average age of 46 years, ranging from 1981 to 1980.

Methodology & Sources

This analysis covers the latest available data and is updated as new data becomes available.

Transaction data sourced from URA REALIS.

  • Distances calculated using haversine formula.
  • Resale and rental data from HDB via data.gov.sg.
  • Storey premium and size analysis based on transactions from the last 2 years.

Median values used to minimize outlier impact. PSF = price per square foot.