FreeholdRCRDistrict 12 (Novena)

Bright Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2007 (URA)
Quick Summary

Bright Building is a freehold apartment in District 12 (Novena) that obtained TOP in 1979. Across 7 transactions on record, units have recently transacted around S$680k (S$475 psf, ~1,432 sqft).

1

What are the key facts about Bright Building?

Key Takeaway

Bright Building is a freehold apartment in District 12 (Novena) that obtained TOP in 1979.

Tenure
Freehold
TOP / Completion
1979
Developer
Total units
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$475 psf
Last transacted
Mar 2007
Remaining lease
Freehold
2

What is the price and PSF at Bright Building?

Key Takeaway

Units have recently transacted around S$680k (S$475 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$680k

recent · 7 sales on record

Median PSF

S$475 psf

recent transactions

Median rent (monthly)

S$1,500

25 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through Mar 2007.

3

What has recently sold at Bright Building?

Key Takeaway

Bright Building has 7 recorded sales; the most recent transacted at S$16,500,000 in Mar 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2007S$16,500,00025,769S$640 psf
Mar 2005S$545,0001,432S$381 psf
May 2000S$680,0001,432S$475 psf
Jun 1998S$600,0001,432S$419 psf
Apr 1997S$748,0001,432S$522 psf
Aug 1996S$730,0001,432S$510 psf
Jul 1995S$650,0001,432S$454 psf

7 sales and 25 rentals on record since Jul 1995. Source: URA.

4

How many property agents are active around Bright Building?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Bright Building sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

Where is Bright Building and what's nearby?

Key Takeaway

Bright Building is located in Novena, in the Central Region of Singapore.

Bright Building is a freehold apartment completed in 1979. It sits on a land area of 5,291 sqm and has a gross floor area of 413 sqm. The plot ratio is 0.08.

BRIGHT BUILDING is located at 1 Jalan Raja Udang, Singapore 329185. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Novena MRT, approximately 727m away, around 11 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Novena Rise Pk for greenery and recreation. Facilities in the development include Basement car park.

6

Who built Bright Building and how big is the development?

Key Takeaway

Bright Building was developed by .

Land area
5,291 sqm (56,952 sqft)
Gross floor area
413 sqm (4,445 sqft)
Plot ratio
0.08
7

How far is Bright Building from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Bright Building is Novena MRT, about 727 m away (~11 min walk). 3 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km645 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority667 m
  • Catholic Junior CollegeJunior collegewithin 1 km832 m
  • Anglo-Chinese School (Barker Road)Secondary school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Anglo-Chinese School (Primary)Primary school1.2 km
  • Kheng Cheng SchoolPrimary school1.3 km
  • Marymount Convent SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 709 mSupermarket: NTUC Fairprice Co-operative Ltd · 480 mPark: Novena Rise Pk · 250 m

Straight-line distances from the development. Source: PropKaki amenities data.

8

What facilities does Bright Building have?

Key Takeaway

Bright Building has 1 facility, including Basement car park.

Basement car park
9

What does it cost to own a unit at Bright Building?

Key Takeaway

Buying a unit at Bright Building (~S$680k) needs about S$4,978/mo in income and S$2,290/mo in repayments, after S$15,000 stamp duty and a S$170k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$680k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$15,000

BSD, tiered

Downpayment (25%)

S$170k

cash + CPF

Monthly instalment

S$2,290/mo

30y @ 3.5%

Income required

S$4,978/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Bright Building? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Bright Building's own transactions.

PropKaki
Is Bright Building a good buy, and what are units selling for?

Recent units at Bright Building sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
10

Frequently asked questions about Bright Building

How much does a unit at Bright Building cost?

Units at Bright Building have recently transacted around S$680k (S$475 psf), from 7 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Bright Building?

For a unit around S$680k as a first home, you'd need roughly S$4,978/mo in income (assessed at the stress-test rate), with repayments near S$2,290/mo after a S$170k (25%) downpayment and S$15,000 Buyer's Stamp Duty.

Is Bright Building a good investment?

Gross rental yield is about 2.6%. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Is Bright Building freehold or leasehold?

Bright Building is freehold — ownership does not expire.

When was Bright Building built and who developed it?

Bright Building obtained TOP in 1979.

What is the nearest MRT to Bright Building?

The nearest MRT/LRT station to Bright Building is Novena MRT, about 727 m away (~11 min walk).

Which primary schools are within 1 km of Bright Building?

Chij Primary (Toa Payoh) is within 1 km of Bright Building — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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