FreeholdRCRDistrict 12 (Novena)

Chelsea Grove

Reviewed by Nathan TangUpdated 24 September 2026Data through Oct 2025 (URA)
Quick Summary

Chelsea Grove is a freehold apartment in District 12 (Novena) that obtained TOP in 2007, with 23 units across 2 blocks. Across 74 transactions on record, units have recently transacted around S$1.39M (S$1,212 psf, ~958 sqft). There is 1 unit for sale from S$1.50M to S$1.50M.

Key facts about Chelsea Grove
TenureFreehold
TOP year2007
DeveloperMYRIAD FORTE CONSTRUCTION PTE LTD
Units23 in 2 blocks
District and areaDistrict 12 · Novena · RCR
Nearest MRTNovena MRT, 900 m (~14 min walk)
Latest median psfS$1,212 psf, last 12 URA caveats to Oct 2025
1

What's for sale and for rent at Chelsea Grove?

Key Takeaway

Chelsea Grove has 1 unit listed for sale, asking S$1.50M to S$1.50M, and 0 units for rent.

For sale

1 listing

S$1.50M – S$1.50M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
2-bedroom1S$1.50M–S$1.50M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Chelsea Grove?

Key Takeaway

Floor plans for Chelsea Grove aren't in PropKaki's library yet. Across 74 URA caveats, units range from 947 sqft to 3,444 sqft, and the middle half are 958 sqft to 1,496 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom958 sqftS$1.50M

Check the Floor Plan Finder for Chelsea Grove →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Chelsea Grove?

Key Takeaway

Units have recently transacted around S$1.39M (S$1,212 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.39M

recent · 74 sales on record

Median PSF

S$1,212 psf

recent transactions

Median rent (monthly)

S$3,056

88 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through Oct 2025.

4

What has recently sold at Chelsea Grove?

Key Takeaway

Chelsea Grove has 74 recorded sales; the most recent transacted at S$1,840,000 in Oct 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2025S$1,840,0001,496S$1,230 psf
Apr 2025S$1,454,000980S$1,484 psf
Jun 2024S$1,600,0001,991S$803 psf
Jul 2023S$1,500,000958S$1,566 psf
Jun 2022S$1,400,000947S$1,478 psf
Feb 2022S$1,700,0001,496S$1,136 psf
Nov 2021S$1,388,000958S$1,449 psf
Jun 2021S$1,212,000947S$1,280 psf
May 2021S$1,200,000990S$1,212 psf
Nov 2020S$1,080,000947S$1,140 psf
Jul 2020S$1,122,000958S$1,171 psf
Apr 2018S$1,080,000958S$1,127 psf

74 sales and 88 rentals on record since Jan 2006. Source: URA.

5

Are prices at Chelsea Grove rising?

Key Takeaway

The median transacted PSF at Chelsea Grove has risen 81% over the past 16 years (20092025), from S$678 psf to S$1,230 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,230 psfS$1.45M2+8.3%
2022S$1,136 psfS$1.40M2-11.3%
2021S$1,280 psfS$1.21M3+12.3%
2020S$1,140 psfS$1.08M2+1.9%
2018S$1,119 psfS$1.06M2+22.4%
2017S$914 psfS$1.10M4-16.3%
2012S$1,092 psfS$1.07M2+14.9%
2011S$950 psfS$970k4+111.1%
2010S$450 psfS$750k2-33.6%
2009S$678 psfS$650k5

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Chelsea Grove a good investment?

Key Takeaway

Of 48 units at Chelsea Grove that were bought and later resold (bought from 2006, resold up to 2025), 98% sold for more than they were bought for, with a median gain of 33% over a median 3.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

98%

of 48 resales here

Median gain

33%

gross, before costs

Median hold

3.0 years

bought to resold

Every unit at Chelsea Grove with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Chelsea Grove and what's nearby?

Key Takeaway

Chelsea Grove is located in Novena, in the Central Region of Singapore.

Chelsea Grove is a freehold apartment completed in 2007. It was developed by MYRIAD FORTE CONSTRUCTION PTE LTD. The development has 23 residential units. It sits on a land area of 1,263 sqm and has a gross floor area of 3,790 sqm. The plot ratio is 3.0.

CHELSEA GROVE is located at 2 Martaban Road, Singapore 328626. 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 900m away, around 14 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation.

8

How far is Chelsea Grove from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Chelsea Grove is Novena MRT, about 900 m away (~14 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • Northlight SchoolSecondary schoolwithin 1 km756 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority771 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority928 m
  • Bendemeer Secondary SchoolSecondary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.3 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Chij Primary (Toa Payoh)Primary school1.4 km
  • Kheng Cheng SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 854 mSupermarket: NTUC Fairprice Co-operative Ltd · 135 mHawker centre: Blks 91/92 Whampoa Drive # · 338 mPark: Toa Payoh Town Pk · 805 m

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

9

Who built Chelsea Grove and how big is the development?

Key Takeaway

Chelsea Grove was developed by MYRIAD FORTE CONSTRUCTION PTE LTD, with 23 units over up to 8 storeys.

Developer
MYRIAD FORTE CONSTRUCTION PTE LTD
Floors
8 storeys
Blocks
2
Land area
1,263 sqm (13,595 sqft)
Gross floor area
3,790 sqm (40,795 sqft)
Plot ratio
3.00
10

What does it cost to own a unit at Chelsea Grove?

Key Takeaway

Buying a unit at Chelsea Grove (~S$1.39M) needs about S$10,161/mo in income and S$4,675/mo in repayments, after S$40,120 stamp duty and a S$347k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.39M) 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$40,120

BSD, tiered

Downpayment (25%)

S$347k

cash + CPF

Monthly instalment

S$4,675/mo

30y @ 3.5%

Income required

S$10,161/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Chelsea Grove?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Chelsea Grove 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 Chelsea Grove? Ask before you commit.

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

PropKaki
Is Chelsea Grove a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Chelsea Grove

Is Chelsea Grove freehold?

Yes. Chelsea Grove is freehold, so ownership does not run out.

How old is Chelsea Grove?

Chelsea Grove was completed (obtained TOP) in 2007, so it is about 19 years old.

Is Chelsea Grove a good investment?

Of 48 units at Chelsea Grove that were bought and later resold (bought from 2006, resold up to 2025), 98% sold for more than they were bought for, with a median gain of 33% over a median 3.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Past resale results don't predict future returns, and this is not financial advice.

Is Chelsea Grove an EC?

No. Chelsea Grove is a private apartment development, not an executive condominium (EC).

Who is the developer of Chelsea Grove?

Chelsea Grove was developed by MYRIAD FORTE CONSTRUCTION PTE LTD.

What is the price of a condo at Chelsea Grove?

Units at Chelsea Grove have recently sold for around S$1.39M (S$1,212 psf), the median of the last 12 URA caveats to Oct 2025. The price depends on size, floor and facing. 1 unit is listed for sale from S$1.50M to S$1.50M.

Where is Chelsea Grove located?

Chelsea Grove is at 2 Martaban Road, Singapore 328626, in Novena (District 12). The nearest MRT station is Novena MRT, about 900 m away.

How many units are there in Chelsea Grove?

Chelsea Grove has 23 units in 2 blocks, up to 8 storeys high.

How much do I need to earn to buy at Chelsea Grove?

For a unit around S$1.39M as a first home, you'd need roughly S$10,161/mo in income (assessed at the stress-test rate), with repayments near S$4,675/mo after a S$347k (25%) downpayment and S$40,120 Buyer's Stamp Duty.

Are prices at Chelsea Grove going up?

The median price per square foot at Chelsea Grove has risen about 81% between 2009 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Chelsea Grove?

Hong Wen School, St. Joseph's Institution Junior are within 1 km of Chelsea Grove. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.