FreeholdRCRDistrict 12 (Novena)

Chelsea Grove

Reviewed by Nathan TangUpdated 10 August 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 are 3 units for sale from S$1.50M to S$1.50M.

1

What are the key facts about Chelsea Grove?

Key Takeaway

Chelsea Grove is a freehold apartment in District 12 (Novena) that obtained TOP in 2007, with 23 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2007
Developer
MYRIAD FORTE CONSTRUCTION PTE LTD
Total units
23
Blocks
2
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,212 psf
Last transacted
Oct 2025
Remaining lease
Freehold
2

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

Units currently for sale are asking a median of S$1,566 psf — about 29% above the most recent transacted PSF.

Source: URA caveat data, through Oct 2025.

3

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.

4

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.

5

How many property agents are active around Chelsea Grove?

Key Takeaway

6,316 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

6,316

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.

6

What bedroom types are available at Chelsea Grove?

Key Takeaway

Chelsea Grove has 3 units listed for sale, spanning 2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom3S$1.50M–S$1.50MS$1,566 psf
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

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
9

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.

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

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 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…
11

Frequently asked questions about Chelsea Grove

How much does a unit at Chelsea Grove cost?

Units at Chelsea Grove have recently transacted around S$1.39M (S$1,212 psf), from 74 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Chelsea Grove a good investment?

Gross rental yield is about 2.6%, and current asking prices sit about 29% above the most recent transacted PSF; median PSF has risen about 81% since 2009. 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.

Are prices at Chelsea Grove going up?

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

Is Chelsea Grove freehold or leasehold?

Chelsea Grove is freehold — ownership does not expire.

When was Chelsea Grove built and who developed it?

Chelsea Grove obtained TOP in 2007, developed by MYRIAD FORTE CONSTRUCTION PTE LTD, with 23 units across 2 blocks.

How many units are for sale at Chelsea Grove?

There are 3 units for sale at Chelsea Grove, from S$1.50M to S$1.50M.

What is the nearest MRT to Chelsea Grove?

The nearest MRT/LRT station to Chelsea Grove is Novena MRT, about 900 m away (~14 min walk).

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 qualify for Primary 1 (P1) registration priority.

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