FreeholdRCRDistrict 12 (Novena)

Crescent Building

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 2020 (URA)
Quick Summary

Crescent Building is a freehold apartment in District 12 (Novena), with 6 units across 1 block. Across 1 transaction on record, the median transacted price is about S$18.10M (S$4,135 psf, ~4,378 sqft).

1

What are the key facts about Crescent Building?

Key Takeaway

Crescent Building is a freehold apartment in District 12 (Novena), with 6 units across 1 block.

Tenure
Freehold
TOP / Completion
Developer
COLIWOO BALESTIER (LHN)
Total units
6
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$4,135 psf
Last transacted
Sept 2020
Remaining lease
Freehold
2

What is the price and PSF at Crescent Building?

Key Takeaway

The median transacted price is about S$18.10M (S$4,135 psf), at a gross rental yield of about 0.1% (URA caveat data).

Median price

S$18.10M

1 sale on record

Median PSF

S$4,135 psf

URA, all sales

Median rent (monthly)

S$1,475

52 rentals on record

Gross rental yield

0.1%

indicative, gross

Source: URA caveat data, through Sept 2020.

3

What has recently sold at Crescent Building?

Key Takeaway

Crescent Building has 1 recorded sale; the most recent transacted at S$18,100,000 in Sept 2020 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2020S$18,100,0004,378S$4,135 psf

1 sale and 52 rentals on record since Sept 2020. Source: URA.

4

How many property agents are active around Crescent Building?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Crescent Building 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 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

Where is Crescent Building and what's nearby?

Key Takeaway

Crescent Building is located in Novena, in the Central Region of Singapore.

Crescent Building is a freehold apartment. It was developed by COLIWOO BALESTIER (LHN). The development has 6 residential units. It sits on a land area of 407 sqm and has a gross floor area of 1,220 sqm. The plot ratio is 3.0.

CRESCENT BUILDING is located at 320 Balestier Road, Singapore 329924. 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 Exit A, approximately 917m 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 Pek Kio Park for greenery and recreation.

6

Who built Crescent Building and how big is the development?

Key Takeaway

Crescent Building was developed by COLIWOO BALESTIER (LHN), with 6 units.

Developer
COLIWOO BALESTIER (LHN)
Blocks
1
Land area
407 sqm (4,381 sqft)
Gross floor area
1,220 sqm (13,132 sqft)
Plot ratio
3.00
7

How far is Crescent Building from MRT and schools?

Key Takeaway

4 schools are within 1 km, including 2 primary schools.

Schools nearby

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

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority645 m
  • Northlight SchoolSecondary schoolwithin 1 km655 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km981 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority994 m
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Chij Secondary (Toa Payoh)Secondary school1.4 km
  • Bendemeer Primary SchoolPrimary school1.5 km
  • Chij Primary (Toa Payoh)Primary school1.5 km

Shops, food & parks

Mall: Square 2 · 956 mSupermarket: NTUC Fairprice Co-operative Ltd · 211 mHawker centre: Blks 91/92 Whampoa Drive # · 212 mPark: Pek Kio Park · 885 m

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

8

What does it cost to own a unit at Crescent Building?

Key Takeaway

Buying a unit at Crescent Building (~S$18.10M) needs about S$132,497/mo in income and S$60,958/mo in repayments, after S$1,025,600 stamp duty and a S$4.53M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the median price (S$18.10M) 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$1,025,600

BSD, tiered

Downpayment (25%)

S$4.53M

cash + CPF

Monthly instalment

S$60,958/mo

30y @ 3.5%

Income required

S$132,497/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 Crescent Building? Ask before you commit.

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

PropKaki
Is Crescent Building a good buy, and what are units selling for?

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

Ask anything about Singapore property…
9

Frequently asked questions about Crescent Building

How much does a unit at Crescent Building cost?

The median transacted price at Crescent Building is about S$18.10M (S$4,135 psf) across 1 sale on record (URA caveats).

How much do I need to earn to buy at Crescent Building?

For a unit around S$18.10M as a first home, you'd need roughly S$132,497/mo in income (assessed at the stress-test rate), with repayments near S$60,958/mo after a S$4.53M (25%) downpayment and S$1,025,600 Buyer's Stamp Duty.

Is Crescent Building a good investment?

Gross rental yield is about 0.1%. 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.

Is Crescent Building freehold or leasehold?

Crescent Building is freehold — ownership does not expire.

Which primary schools are within 1 km of Crescent Building?

Hong Wen School, St. Joseph's Institution Junior are within 1 km of Crescent Building — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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