Setia Residences
Located in District 11 (Watten Estate, Novena, Thomson), Setia Residences is a freehold condominium in the Core Central Region (CCR). The development was completed in 2004 and comprises 24 units. Sale and rental figures on this page are compiled from URA transaction records.
Overview & Key Facts
SETIA RESIDENCES is a freehold condominium at EVELYN ROAD in District 11 (CCR), developed by SETIA PTE LTD, comprising 24 units, completed in 2004.
Location & Connectivity
SETIA RESIDENCES is approximately 310m from Newton MRT station, with 6 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Newton | North-South Line | 310m |
| Newton | Downtown Line | 310m |
| Novena | North-South Line | 670m |
| Mount Pleasant | Thomson-East Coast Line | 1.3 km |
| Little India | North-East Line | 1.5 km |
| Little India | Downtown Line | 1.5 km |
Schools & Education
17 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Singapore Chinese Girls' School (Primary) | Primary | 400m |
| Anglo-Chinese School (Primary) | Primary | 500m |
| St. Margaret's Primary School | Primary | 520m |
| St. Margaret's Secondary School | Secondary | 590m |
| St. Joseph's Institution | Secondary | 970m |
| St. Anthony's Primary School | Primary | 1 km |
| CHIJ Our Lady Queen of Peace | Primary | 1.1 km |
| ACS (Junior) | Primary | 1.2 km |
Market Position
SETIA RESIDENCES has recorded 1 sale at an average price of $6,800,000.
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | $3,236 psf | 180 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | $1,979 psf | 96 |
| PEAK RESIDENCE | Freehold | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | $1,909 psf | 74 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 24 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, international school families, long-term hold (10+ yr) and freehold / generational hold. Located ~308m from Newton MRT, this property is a comfortable daily walk for transit commuters.
yield-focused investors, en-bloc speculators and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
Verdict
SETIA RESIDENCES is a freehold development in District 11 (CCR), with 24 units, offering a gross yield of 2.7%.
Explore the full SETIA RESIDENCES dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SETIA RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (930m away), an upgrader gap of about $5,900,000
- Central Area — 4-room average $1,088,814 (1.5 km away), an upgrader gap of about $5,700,000
- Toa Payoh — 4-room average $929,793 (1.6 km away), an upgrader gap of about $5,850,000
FAQ
What is the average PSF for SETIA RESIDENCES?
Is SETIA RESIDENCES freehold?
What is the rental yield for SETIA RESIDENCES?
Which MRT is nearest to SETIA RESIDENCES?
Sources & Next Steps
- SETIA RESIDENCES Dashboard — Live charts and analytics
- URA — Official transaction data
- District 11 (Watten Estate, Novena, Thomson) — District 11 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 1 transaction
- Rental data: 27 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2022 · 1 record analysed · Source: URA private-sale caveats