Lucida

D11 (CCR) Freehold
District 11 ·Freehold ·Completed 2011
~$1,640 Avg PSF (12-month)
2.7% Rental yield
62 Total units
Category Ratings
Facilities
5.5
Unit size & layout
7.0
Value for money
7.5
Neighbourhood
8.5
MRT accessibility
8.0
Lease remaining
9.5

Overview & Key Facts

Lucida is a small freehold development tucked along Suffolk Road in the Novena pocket of District 11. Completed in 2011 and developed by Novelty Organisation Pte Ltd, it is a boutique project of just 62 units — a scale that appeals to buyers who want low-density living close to the city fringe without the anonymity of a 500-unit mega-condo.

Despite the Core Central Region postcode, Lucida sits in a quieter residential cluster bordered by St. Margaret’s Secondary School and a mix of older freehold walk-ups. The positioning is modest: this is not a branded luxury tower, and the marketing has never tried to be. What it offers is freehold tenure, a CCR address, and walkable proximity to Novena MRT — a combination that continues to attract long-term owner-occupiers rather than speculative buyers.

The scale is worth being honest about. With 62 units across a single compact site, facilities are pared back to essentials and communal life is quiet. Buyers choosing Lucida are typically trading the resort-style amenities of larger D11 developments (Pullman Residences, Soleil @ Sinaran) for freehold tenure and a smaller, more private community.

Developer
NOVELTY ORGANISATION PTE LTD
Tenure
Freehold
Total units
62
TOP year
2011
District
11 — CCR
Street
SUFFOLK ROAD

Location & Connectivity

Location is Lucida’s strongest card. Novena MRT (North-South Line) is roughly 650 metres away — about an 8 to 10 minute walk depending on the block and the weather. Newton MRT interchange (Downtown Line and North-South Line) sits around 750 metres in the other direction, giving residents meaningful network reach from a single address. Little India MRT is roughly a kilometre away for those willing to walk further.

For drivers, access to the CTE is direct from Thomson Road and Moulmein Road, placing the CBD within a 10 to 12 minute drive in off-peak conditions. Orchard Road is 5 to 7 minutes by car. The Novena medical cluster — including Mount Elizabeth Novena, Tan Tock Seng Hospital, and the Novena Specialist Centre — is immediately adjacent, which is why this pocket attracts a disproportionate share of medical professionals and healthcare investors.

Daily amenities are well-served. United Square and Novena Square (Velocity) are a short walk away, housing FairPrice, a cinema, food courts, and children’s enrichment centres. Balestier Road — a few minutes by bus or car — remains one of the city’s stronger hawker and supper destinations. Goldhill Plaza sits just across Thomson Road for groceries and a respectable food court.

School catchment
Lucida sits inside the 1 km radius of St. Margaret’s Primary School and St. Margaret’s Secondary School, with CHIJ Our Lady Queen of Peace just beyond at around 660 metres. Singapore Chinese Girls’ School (Primary) and Anglo-Chinese School (Primary) are both approximately 1 km away. This is a meaningful P1 balloting advantage for families with daughters.

Schools & Education

3 primary schools within the 1 km Priority Phase balloting radius.

Nearby Schools
SchoolTypeDistance
St. Margaret's Secondary SchoolsecondaryWithin 1 km
St. Margaret's Primary SchoolprimaryWithin 1 km
CHIJ Our Lady Queen of PeaceprimaryWithin 1 km
Singapore Chinese Girls' School (Primary)primaryWithin 1 km
Anglo-Chinese School (Primary)primary~1.1 km
ACS (Junior)primary~1.1 km
LASALLE College of the Artstertiary~1.2 km
Farrer Park Primary Schoolprimary~1.3 km

Facilities

Let’s be candid: at 62 units, Lucida is not competing on facilities. The development offers the essentials — a lap pool, a small gym, a BBQ pavilion, and landscaped common areas — and stops there. There is no clubhouse, no tennis court, no function hall of meaningful scale. Residents looking for resort-style amenities will find Lucida underwhelming.

What the small footprint does offer is a quieter, more private environment. Pool usage is rarely contested, the gym is never full, and residents generally know one another by sight. For buyers coming from older walk-up apartments or shophouses, this pared-back model is often a feature rather than a bug — fewer facilities mean lower maintenance fees and simpler management.

Maintenance fees at Lucida tend to sit at the lower end for a D11 condo precisely because the sinking fund does not need to support an extensive amenity programme. Buyers who place a premium on amenity breadth should look at larger neighbours such as Soleil @ Sinaran or Pullman Residences Newton instead.


Unit Sizes & Layout

Lucida’s unit mix is weighted toward compact 1 and 2-bedroom configurations, with a smaller number of larger 3-bedroom layouts. Typical 1-bedders sit in the 500 to 600 sqft range and 2-bedders around 700 to 900 sqft — efficient by 2011 standards and still generous versus many shoebox new launches.

The building is low-to-mid rise, and stacks facing Suffolk Road receive some passing traffic noise during peak hours, while internal-facing stacks are notably quieter. Units on higher floors enjoy partial views toward the Novena medical cluster and, on the best stacks, unblocked outlooks over adjacent low-rise freehold plots. These sight lines are relatively protected given the surrounding land-use pattern, though future redevelopment of nearby parcels is always a possibility in a mature district.

Stack selection tip
Internal stacks away from Suffolk Road offer the quietest environment and should be the default choice for buyers sensitive to traffic noise. Higher floors on the rear-facing stacks command a small premium for the outlook but deliver a more peaceful daily experience. Ground-floor units with patio space are rare and tend to be held by original owners.

Interior finishings are mid-market for a 2011 project. Expect to budget for a kitchen and bathroom refresh if buying from a long-term owner — the layouts are sound, but fittings will show their age. Ceiling heights are standard and most units feature balconies of modest size.

Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR5$1,691$1,055,978
3 BR7$1,625$1,812,143
5 BR1$1,298$5,000,000

Pricing & Market Position

Based on 13 recorded transactions, sale prices range from $1,020,000 to $5,000,000, averaging $1,766,530 (~$1,640 psf).

Rents range from $2,300 to $6,800 per month across 109 rental transactions. Current rental yield sits at approximately 2.7%.


Price Appreciation

From 2021 to 2025, the average PSF has appreciated by 1.8% (from $1,611 to $1,640 psf).

2023
+10.5%
$1,694 psf
2024
+3.2%
$1,747 psf
2025
-6.1%
$1,640 psf

Neighbourhood Comparison

Within District 11, Lucida sits at a meaningful psf discount to most of its freehold and leasehold neighbours. Pullman Residences Newton trades around S$3,075 psf with branded amenities and closer MRT access, while Watten House commands S$3,200+ psf as a premium freehold project. Soleil @ Sinaran (99-year, commencing 2006) averages around S$1,970 psf with resort-style facilities but a shrinking lease. Peak Residence is another freehold option at around S$2,489 psf, and Amaryllis Ville offers similar leasehold value but with fewer years remaining.

Lucida’s 12-month average of approximately S$1,640 psf places it firmly at the value end of this cluster. The trade-off is transparent: buyers forgo the facilities, scale, and brand of larger developments in exchange for freehold tenure, a quieter community, and a lower price of entry. For investors focused on yield, leasehold neighbours with better amenities may transact more quickly; for long-horizon owner-occupiers, Lucida’s freehold title and location often make the arithmetic work.

District 11 Comparables
DevelopmentTenureTOPUnits~Avg PSF
LUCIDAFreehold201162$1,640
PULLMAN RESIDENCES NEWTONFreehold2021340$3,074
WATTEN HOUSEFreehold2023180$3,236
SOLEIL @ SINARAN99 yrs lease commencing from 20062011417$1,970
PEAK RESIDENCEFreehold202190$2,489
AMARYLLIS VILLE99 yrs lease commencing from 19972004311$1,903

ShiokNest Scores

Our proprietary scoring system evaluates LUCIDA across multiple dimensions.

Walkability
60/100
MRT: 15/25, School: 20/20, Hawker: 10/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 5/5
Investment
52/100
-6.1% YoY ·3.3% yield ·2 txns/yr ·Freehold ·0.65 km to MRT ·+3.6% district YoY ·En-bloc 50/100
En-Bloc Potential
50/100
Verdict: Moderate
Overall ShiokNest Score
57/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

Resident sentiment on Lucida tends to be measured rather than effusive — fitting for a boutique development that attracts buyers seeking quiet living rather than lifestyle signalling. Common themes across listing platforms and resident forums include the convenience of the dual-MRT catchment, the walkability to Novena medical and retail amenities, and the freehold peace of mind.

“Small development, very quiet. You can walk to Novena MRT and to United Square. The pool is never crowded. Finishings are dated but the location is hard to beat for the price.”

— Paraphrased owner sentiment via PropertyGuru listings

Common critiques are predictable: limited facilities, dated interior fittings in un-renovated units, and some Suffolk Road traffic noise on the front stacks. None of these are dealbreakers for the target buyer, but they are worth weighing honestly before committing. Tenants — often medical professionals working in the Novena cluster — value the walkable access to Tan Tock Seng Hospital and Mount Elizabeth Novena above all else.


Strengths & Weaknesses

Strengths
  • Freehold tenure in a prime District 11 location
  • Dual-MRT catchment — Novena (~650m) and Newton (~750m)
  • Adjacent to Novena medical cluster (TTSH, Mount Elizabeth Novena)
  • Strong P1 school catchment (St. Margaret's, CHIJ, SCGS, ACS)
  • Boutique 62-unit scale — quiet, private, low-density
  • Meaningful psf discount vs D11 freehold neighbours
  • Lower maintenance fees due to pared-back facilities
  • Walkable to United Square, Novena Square, Goldhill Plaza
  • Unblocked partial views from select higher-floor stacks
Weaknesses
  • Very limited facilities — no clubhouse, tennis, or function hall
  • Small unit count means thinner resale liquidity
  • Interior finishings dated — renovation budget likely needed
  • Suffolk Road-facing stacks receive some traffic noise
  • Modest gross yield (~2.66%) — not an investor-first buy
  • No branded developer or lifestyle positioning
  • Limited transaction history for precise pricing discovery
Best for — Freehold-first owner-occupiers Medical professionals (Novena cluster) Families needing P1 catchment Downsizers from landed MRT-walkable CCR buyers Long-hold investors Yield-focused investors Amenity-driven buyers

Verdict

Lucida is a quiet, honest freehold boutique in a strong location. It does not try to compete with branded CCR towers on prestige, and it cannot compete with mega-condos on facilities. What it offers is a freehold title in District 11, dual-MRT walkability, the Novena medical cluster at the doorstep, and a P1 school catchment that works for families — all at a meaningfully lower psf than newer D11 launches.

For owner-occupiers who value freehold tenure, privacy, and a manageable community size, the proposition is coherent. For pure investors, the gross yield of around 2.7% is modest and reflects the freehold premium priced into the purchase — Lucida is not a yield play. The small unit count also means resale liquidity is thinner than at larger projects: transactions in any given year are few, and pricing discovery relies on a handful of comparables.

The question to ask before buying is whether you value the freehold CCR address enough to accept limited facilities and a quieter resale market. If yes, Lucida delivers what it promises without pretence. If you want amenity breadth, a deep buyer pool, or branded prestige, larger D11 neighbours will serve you better.

Frequently Asked Questions