Gilstead 38
Located in District 11 (Watten Estate, Novena, Thomson), Gilstead 38 is a freehold condominium in the Core Central Region (CCR). Completed in 2001, the development comprises 23 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
GILSTEAD 38
Over the 12 months to Nov 2025, Gilstead 38 recorded 1 resale transaction at a median $1,699 psf (median price $1,920,000), and 4 rental contracts at a median $4,050/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of Nov 2025.
Gilstead 38's median of $1,699 psf over the trailing 12 months places its pricing below roughly 74% of District 11 condos; resale liquidity has been limited with 1 caveat lodged; the 2.5% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Nov-25 | $1,920,000 | $1,699 psf | 1,130 sqft | 01 to 05 | 3BR |
| Mar-25 | $2,620,000 | $1,337 psf | 1,959 sqft | 01 to 05 | 5BR |
| Mar-24 | $1,850,000 | $1,889 psf | 980 sqft | 01 to 05 | 3BR |
| Nov-22 | $1,450,000 | $1,480 psf | 980 sqft | 01 to 05 | 3BR |
Can I afford Gilstead 38?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,920,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.