FreeholdRCRDistrict 12 (Novena)

Bright Building

Reviewed by Nathan TangUpdated 24 September 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).

Key facts about Bright Building
TenureFreehold
TOP year1979
District and areaDistrict 12 · Novena · RCR
Nearest MRTNovena MRT, 727 m (~11 min walk)
Latest median psfS$475 psf, last 7 URA caveats to Mar 2007
1

What's for sale and for rent at Bright Building?

Key Takeaway

No units at Bright Building are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Bright Building?

Key Takeaway

Floor plans for Bright Building aren't in PropKaki's library yet. Across 7 URA caveats, units range from 1,432 sqft to 25,769 sqft, and the middle half are 1,432 sqft to 1,432 sqft.

3

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.

4

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.

5

Is Bright Building a good investment?

Key Takeaway

Bright Building has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.

District 12 sold for more

87%

of 7,946 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Bright Building has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →

6

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.

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

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
9

What facilities does Bright Building have?

Key Takeaway

Bright Building has 1 facility, including Basement car park.

Basement car park
10

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

Read how to tell if a condo is profitable →

11

How many property agents are active around Bright Building?

Key Takeaway

6,318 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

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

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

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…
12

Frequently asked questions about Bright Building

Is Bright Building freehold?

Yes. Bright Building is freehold, so ownership does not run out.

How old is Bright Building?

Bright Building was completed (obtained TOP) in 1979, so it is about 47 years old.

Is Bright Building a good investment?

Bright Building has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.

Is Bright Building an EC?

No. Bright Building is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Bright Building?

Units at Bright Building have recently sold for around S$680k (S$475 psf), the median of the last 7 URA caveats to Mar 2007. The price depends on size, floor and facing.

Where is Bright Building located?

Bright Building is at 1 Jalan Raja Udang, Singapore 329185, in Novena (District 12). The nearest MRT station is Novena MRT, about 727 m away.

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.

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 get priority in Primary 1 (P1) registration.