PropKaki
FreeholdRCRDistrict 12 (Novena)

Bright Building

Reviewed by Nathan TangUpdated 20 June 2026Data through Mar 2007 (URA)
Quick Summary

Bright Building is a freehold apartment in District 12 (Novena) that obtained TOP in 1979. Units have recently transacted around S$680k (S$475 psf), from 7 sales on record.

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

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.

5

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.

6

What facilities does Bright Building have?

Key Takeaway

Bright Building has 1 facility, including Basement car park.

Basement car park
7

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

8

Frequently asked questions about Bright Building

What is the price at Bright Building?

Units at Bright Building have recently transacted around S$680k (S$475 psf), from 7 sales on record (URA caveat data).

Is Bright Building freehold or leasehold?

Bright Building is freehold.

When was Bright Building built?

Bright Building obtained TOP in 1979.

What is the rental yield at Bright Building?

Gross rental yield at Bright Building is about 2.6%, based on median current rents and prices.

What facilities does Bright Building have?

Bright Building has 1 facilities, including Basement car park.

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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