FreeholdCCRDistrict 11 (Novena)

Chong Kim Apartment

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2011 (URA)
Quick Summary

Chong Kim Apartment is a freehold apartment in District 11 (Novena) that obtained TOP in 1982, with 25 units across 1 block. Across 15 transactions on record, units have recently transacted around S$682k (S$516 psf, ~1,173 sqft).

1

What are the key facts about Chong Kim Apartment?

Key Takeaway

Chong Kim Apartment is a freehold apartment in District 11 (Novena) that obtained TOP in 1982, with 25 units across 1 block.

Tenure
Freehold
TOP / Completion
1982
Developer
WORLD CLASS DEVELOPMENTS (CITY CENTRAL) PTE LTD
Total units
25
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$516 psf
Last transacted
May 2011
Remaining lease
Freehold
2

What is the price and PSF at Chong Kim Apartment?

Key Takeaway

Units have recently transacted around S$682k (S$516 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$682k

recent · 15 sales on record

Median PSF

S$516 psf

recent transactions

Median rent (monthly)

S$1,425

50 rentals on record

Gross rental yield

2.5%

indicative, gross

Source: URA caveat data, through May 2011.

3

What has recently sold at Chong Kim Apartment?

Key Takeaway

Chong Kim Apartment has 15 recorded sales; the most recent transacted at S$41,100,000 in May 2011 (URA caveat data).

DatePriceSize (sqft)PSF
May 2011S$41,100,00031,560S$1,302 psf
Mar 2010S$950,0001,173S$810 psf
Jul 2009S$760,0001,173S$648 psf
Apr 2007S$738,0001,206S$612 psf
Nov 2006S$930,0002,390S$389 psf
Jul 2006S$530,0001,206S$440 psf
Sept 2005S$605,4881,173S$516 psf
Jan 2004S$382,000980S$390 psf
Aug 2002S$400,000980S$408 psf
Mar 2002S$450,0001,173S$384 psf
May 1997S$712,000980S$727 psf
Nov 1996S$682,000980S$696 psf

15 sales and 50 rentals on record since Mar 1995. Source: URA.

4

Are prices at Chong Kim Apartment rising?

Key Takeaway

The median transacted PSF at Chong Kim Apartment has fallen 45% over the past 10 years (19962006), from S$703 psf to S$389 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2006S$389 psfS$530k2+1.3%
2002S$384 psfS$400k2-45.4%
1996S$703 psfS$830k3

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 Chong Kim Apartment?

Key Takeaway

5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Chong Kim Apartment sits — in the last 12 months, across all property types.

Active agents · 12mo

5,862

District 11 · closed ≥1 deal

Deals on record

30,333

all-time · all property types

Source: CEA public transaction records, attributed to District 11across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Chong Kim Apartment and what's nearby?

Key Takeaway

Chong Kim Apartment is located in Novena, in the Central Region of Singapore.

Chong Kim Apartment is a freehold apartment completed in 1982. It was developed by WORLD CLASS DEVELOPMENTS (CITY CENTRAL) PTE LTD. The development has 25 residential units. It sits on a land area of 1,566 sqm and has a gross floor area of 4,249 sqm. The plot ratio is 2.71.

CHONG KIM APARTMENT is located at 8 Bassein Road, Singapore 309838. It is part of District 11, Watten Estate / Novena / Thomson, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Novena MRT, approximately 587m away, around 9 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 Novena Rise Pk for greenery and recreation. Facilities in the development include Main entrance.

7

Who built Chong Kim Apartment and how big is the development?

Key Takeaway

Chong Kim Apartment was developed by WORLD CLASS DEVELOPMENTS (CITY CENTRAL) PTE LTD, with 25 units.

Developer
WORLD CLASS DEVELOPMENTS (CITY CENTRAL) PTE LTD
Blocks
1
Land area
1,566 sqm (16,856 sqft)
Gross floor area
4,249 sqm (45,736 sqft)
Plot ratio
2.71
8

How far is Chong Kim Apartment from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Chong Kim Apartment is Novena MRT, about 587 m away (~9 min walk). 2 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.

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority705 m
  • Northlight SchoolSecondary schoolwithin 1 km988 m
  • Hong Wen SchoolPrimary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.1 km
  • Chij Primary (Toa Payoh)Primary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Anglo-Chinese School (Barker Road)Secondary school1.4 km
  • Bendemeer Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Square 2 · 540 mSupermarket: NTUC Fairprice Co-operative Ltd · 374 mHawker centre: Blks 91/92 Whampoa Drive # · 665 mPark: Novena Rise Pk · 593 m

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

9

What facilities does Chong Kim Apartment have?

Key Takeaway

Chong Kim Apartment has 1 facility, including Main entrance.

Main entrance
10

What does it cost to own a unit at Chong Kim Apartment?

Key Takeaway

Buying a unit at Chong Kim Apartment (~S$682k) needs about S$4,992/mo in income and S$2,297/mo in repayments, after S$15,060 stamp duty and a S$171k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$682k) 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$15,060

BSD, tiered

Downpayment (25%)

S$171k

cash + CPF

Monthly instalment

S$2,297/mo

30y @ 3.5%

Income required

S$4,992/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 Chong Kim Apartment? Ask before you commit.

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

PropKaki
Is Chong Kim Apartment a good buy, and what are units selling for?

Recent units at Chong Kim Apartment sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
11

Frequently asked questions about Chong Kim Apartment

How much does a unit at Chong Kim Apartment cost?

Units at Chong Kim Apartment have recently transacted around S$682k (S$516 psf), from 15 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Chong Kim Apartment?

For a unit around S$682k as a first home, you'd need roughly S$4,992/mo in income (assessed at the stress-test rate), with repayments near S$2,297/mo after a S$171k (25%) downpayment and S$15,060 Buyer's Stamp Duty.

Is Chong Kim Apartment a good investment?

Gross rental yield is about 2.5%; median PSF has fallen about 45% since 1996. 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 Chong Kim Apartment going up?

The median transacted PSF at Chong Kim Apartment has fallen about 45% between 1996 and 2006, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Chong Kim Apartment freehold or leasehold?

Chong Kim Apartment is freehold — ownership does not expire.

When was Chong Kim Apartment built and who developed it?

Chong Kim Apartment obtained TOP in 1982, developed by WORLD CLASS DEVELOPMENTS (CITY CENTRAL) PTE LTD, with 25 units across 1 block.

What is the nearest MRT to Chong Kim Apartment?

The nearest MRT/LRT station to Chong Kim Apartment is Novena MRT, about 587 m away (~9 min walk).

Which primary schools are within 1 km of Chong Kim Apartment?

St. Joseph's Institution Junior is within 1 km of Chong Kim Apartment — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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