FreeholdCCRDistrict 11 (Novena)

Concorde Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through Feb 2007 (URA)
Quick Summary

Concorde Residences is a freehold apartment in District 11 (Novena) that obtained TOP in 1988, with 38 units across 1 block. Across 29 transactions on record, units have recently transacted around S$672k (S$400 psf, ~1,679 sqft).

1

What are the key facts about Concorde Residences?

Key Takeaway

Concorde Residences is a freehold apartment in District 11 (Novena) that obtained TOP in 1988, with 38 units across 1 block.

Tenure
Freehold
TOP / Completion
1988
Developer
CITY DEVELOPMENTS LTD
Total units
38
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$400 psf
Last transacted
Feb 2007
Remaining lease
Freehold
2

What is the price and PSF at Concorde Residences?

Key Takeaway

Units have recently transacted around S$672k (S$400 psf), at a gross rental yield of about 4.1% (URA caveat data).

Recent median price

S$672k

recent · 29 sales on record

Median PSF

S$400 psf

recent transactions

Median rent (monthly)

S$2,300

61 rentals on record

Gross rental yield

4.1%

indicative, gross

Source: URA caveat data, through Feb 2007.

3

What has recently sold at Concorde Residences?

Key Takeaway

Concorde Residences has 29 recorded sales; the most recent transacted at S$51,000,000 in Feb 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2007S$51,000,00065,962S$773 psf
Jun 2005S$728,0001,679S$434 psf
Jan 2004S$628,0001,765S$356 psf
Dec 2003S$610,0001,679S$363 psf
Apr 2003S$650,0001,679S$387 psf
May 2002S$670,0001,679S$399 psf
Dec 2001S$700,0001,679S$417 psf
Dec 2001S$672,0001,679S$400 psf
Aug 2001S$690,0001,679S$411 psf
May 2001S$400,0001,679S$238 psf
Jan 2001S$740,0001,679S$441 psf
Aug 2000S$675,0001,679S$402 psf

29 sales and 61 rentals on record since Jan 1995. Source: URA.

4

Are prices at Concorde Residences rising?

Key Takeaway

The median transacted PSF at Concorde Residences has fallen 30% over the past 8 years (19952003), from S$521 psf to S$363 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2003S$363 psfS$610k2-11.7%
2001S$411 psfS$690k5-13.1%
2000S$473 psfS$795k5+13.7%
1999S$416 psfS$680k4-13.7%
1997S$482 psfS$750k2-15.7%
1996S$572 psfS$960k3+9.8%
1995S$521 psfS$820k3

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 Concorde Residences?

Key Takeaway

5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Concorde Residences 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 Concorde Residences and what's nearby?

Key Takeaway

Concorde Residences is located in Novena, in the Central Region of Singapore.

Concorde Residences is a freehold apartment completed in 1988. It was developed by CITY DEVELOPMENTS LTD. The development has 38 residential units. It sits on a land area of 148 sqm and has a gross floor area of 413 sqm. The plot ratio is 2.8.

CONCORDE RESIDENCES is located at 368 Thomson Road, Singapore 298127. 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 764m away, around 12 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 Car Park, 24 hours security, and Swimming pool.

7

Who built Concorde Residences and how big is the development?

Key Takeaway

Concorde Residences was developed by CITY DEVELOPMENTS LTD, with 38 units over up to 35 storeys.

Developer
CITY DEVELOPMENTS LTD
Floors
35 storeys
Blocks
1
Land area
148 sqm (1,593 sqft)
Gross floor area
413 sqm (4,445 sqft)
Plot ratio
2.80
8

How far is Concorde Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Concorde Residences is Novena MRT, about 764 m away (~12 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 km618 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority633 m
  • Catholic Junior CollegeJunior collegewithin 1 km820 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 · 747 mSupermarket: NTUC Fairprice Co-operative Ltd · 503 mPark: Novena Rise Pk · 287 m

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

9

What facilities does Concorde Residences have?

Key Takeaway

Concorde Residences has 3 facilities, including Car Park, 24 hours security, Swimming pool.

Car Park24 hours securitySwimming pool
10

What does it cost to own a unit at Concorde Residences?

Key Takeaway

Buying a unit at Concorde Residences (~S$672k) needs about S$4,919/mo in income and S$2,263/mo in repayments, after S$14,760 stamp duty and a S$168k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$672k) 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$14,760

BSD, tiered

Downpayment (25%)

S$168k

cash + CPF

Monthly instalment

S$2,263/mo

30y @ 3.5%

Income required

S$4,919/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 Concorde Residences? Ask before you commit.

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

PropKaki
Is Concorde Residences a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Concorde Residences

How much does a unit at Concorde Residences cost?

Units at Concorde Residences have recently transacted around S$672k (S$400 psf), from 29 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Concorde Residences?

For a unit around S$672k as a first home, you'd need roughly S$4,919/mo in income (assessed at the stress-test rate), with repayments near S$2,263/mo after a S$168k (25%) downpayment and S$14,760 Buyer's Stamp Duty.

Is Concorde Residences a good investment?

Gross rental yield is about 4.1%; median PSF has fallen about 30% since 1995. 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 Concorde Residences going up?

The median transacted PSF at Concorde Residences has fallen about 30% between 1995 and 2003, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Concorde Residences freehold or leasehold?

Concorde Residences is freehold — ownership does not expire.

When was Concorde Residences built and who developed it?

Concorde Residences obtained TOP in 1988, developed by CITY DEVELOPMENTS LTD, with 38 units across 1 block.

What is the nearest MRT to Concorde Residences?

The nearest MRT/LRT station to Concorde Residences is Novena MRT, about 764 m away (~12 min walk).

Which primary schools are within 1 km of Concorde Residences?

Chij Primary (Toa Payoh) is within 1 km of Concorde Residences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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