Diamond Tower
Diamond Tower is a freehold apartment in District 12 (Novena) that obtained TOP in 1977, with 105 units across 1 block. Units have recently transacted around S$770k (S$493 psf), from 14 sales on record. There are 20 units for sale from S$750k to S$1.29M.
What are the key facts about Diamond Tower?
Diamond Tower is a freehold apartment in District 12 (Novena) that obtained TOP in 1977, with 105 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1977
- Developer
- EL DEVELOPMENT (BALESTIER) PTE LTD
- Total units
- 105
- Blocks
- 1
- District / Area
- District 12 (Novena)
- Market segment
- RCR
- Median PSF
- S$493 psf
- Last transacted
- Apr 2010
- Remaining lease
- Freehold
What is the price and PSF at Diamond Tower?
Units have recently transacted around S$770k (S$493 psf), at a gross rental yield of about 2.6% (URA caveat data).
Recent median price
S$770k
recent · 14 sales on record
Median PSF
S$493 psf
recent transactions
Median rent (monthly)
S$1,700
66 rentals on record
Gross rental yield
2.6%
indicative, gross
Units currently for sale are asking a median of S$2,113 psf — about 329% above the most recent transacted PSF.
Source: URA caveat data, through Apr 2010.
What has recently sold at Diamond Tower?
Diamond Tower has 14 recorded sales; the most recent transacted at S$49,600,000 in Apr 2010 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2010 | S$49,600,000 | 42,432 | S$1,169 psf |
| Sept 2009 | S$980,000 | 1,561 | S$628 psf |
| Nov 2002 | S$520,000 | 1,561 | S$333 psf |
| Dec 2001 | S$650,000 | 1,561 | S$416 psf |
| Nov 2001 | S$630,000 | 1,561 | S$404 psf |
| Apr 2001 | S$600,000 | 1,561 | S$384 psf |
| Sept 1999 | S$770,000 | 1,561 | S$493 psf |
| Dec 1998 | S$590,000 | 1,561 | S$378 psf |
| May 1997 | S$880,000 | 1,658 | S$531 psf |
| May 1997 | S$800,000 | 1,561 | S$513 psf |
| Mar 1997 | S$920,000 | 1,561 | S$589 psf |
| Sept 1996 | S$922,000 | 1,658 | S$556 psf |
14 sales and 66 rentals on record since Apr 1995. Source: URA.
What bedroom types are available at Diamond Tower?
Diamond Tower has 20 units listed for sale, spanning 1–2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 17 | S$750k–S$800k | S$2,113 psf |
| 2-bedroom | 3 | S$1.29M–S$1.29M | S$2,099 psf |
Where is Diamond Tower and what's nearby?
Diamond Tower is located in Novena, in the Central Region of Singapore.
Diamond Tower is a freehold apartment completed in 1977. It was developed by EL DEVELOPMENT (BALESTIER) PTE LTD. The development has 105 residential units. It sits on a land area of 2,538 sqm and has a gross floor area of 7,108 sqm. The plot ratio is 2.8.
DIAMOND TOWER is located at 17 Jalan Rajah, Singapore 329137. 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 Toa Payoh MRT, approximately 556m 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 Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Main entrance.
How far is Diamond Tower from MRT and schools?
The nearest MRT/LRT to Diamond Tower is Toa Payoh MRT, about 556 m away (~9 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Toa Payoh MRT556 m · ~9 min
- Novena MRT902 m · ~14 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km720 m
- Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority855 m
- Kheng Cheng SchoolPrimary school1.1 km
- St. Joseph's Institution JuniorPrimary school1.1 km
- Hong Wen SchoolPrimary school1.3 km
- Northlight SchoolSecondary school1.3 km
- Pei Chun Public SchoolPrimary school1.4 km
- Catholic Junior CollegeJunior college1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Diamond Tower have?
Diamond Tower has 1 facility, including Main entrance.
What does it cost to own a unit at Diamond Tower?
Buying a unit at Diamond Tower (~S$770k) needs about S$5,637/mo in income and S$2,593/mo in repayments, after S$17,700 stamp duty and a S$193k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$770k) 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$17,700
BSD, tiered
Downpayment (25%)
S$193k
cash + CPF
Monthly instalment
S$2,593/mo
30y @ 3.5%
Income required
S$5,637/mo
TDSR @ stress rate
Frequently asked questions about Diamond Tower
What is the price at Diamond Tower?⌄
Units at Diamond Tower have recently transacted around S$770k (S$493 psf), from 14 sales on record (URA caveat data).
What is the PSF at Diamond Tower?⌄
Units for sale at Diamond Tower are asking a median of about S$2,113 psf.
Is Diamond Tower freehold or leasehold?⌄
Diamond Tower is freehold.
When was Diamond Tower built?⌄
Diamond Tower obtained TOP in 1977, developed by EL DEVELOPMENT (BALESTIER) PTE LTD.
How many units are for sale at Diamond Tower?⌄
There are 20 units for sale at Diamond Tower, from S$750k to S$1.29M.
What is the rental yield at Diamond Tower?⌄
Gross rental yield at Diamond Tower is about 2.6%, based on median current rents and prices.
How many units are in Diamond Tower?⌄
Diamond Tower has 105 units across 1 block.
What facilities does Diamond Tower have?⌄
Diamond Tower has 1 facilities, including Main entrance.
What is the nearest MRT to Diamond Tower?⌄
The nearest MRT/LRT station to Diamond Tower is Toa Payoh MRT, about 556 m away (~9 min walk).
Which primary schools are within 1 km of Diamond Tower?⌄
Chij Primary (Toa Payoh) is within 1 km of Diamond Tower — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
