FreeholdRCRDistrict 12 (Novena)

Ecoville

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2024 (URA)
Quick Summary

Ecoville is a freehold apartment in District 12 (Novena) that obtained TOP in 2008, with 30 units across 1 block. Across 69 transactions on record, units have recently transacted around S$1.60M (S$1,284 psf, ~1,184 sqft). There are 17 units for sale from S$2.04M to S$2.20M.

1

What are the key facts about Ecoville?

Key Takeaway

Ecoville is a freehold apartment in District 12 (Novena) that obtained TOP in 2008, with 30 units across 1 block.

Tenure
Freehold
TOP / Completion
2008
Developer
TEAMBUILD PROPERTIES PTE LTD
Total units
30
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,284 psf
Last transacted
Apr 2024
Remaining lease
Freehold
2

What is the price and PSF at Ecoville?

Key Takeaway

Units have recently transacted around S$1.60M (S$1,284 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.60M

recent · 69 sales on record

Median PSF

S$1,284 psf

recent transactions

Median rent (monthly)

S$3,488

59 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$1,821 psf — about 42% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2024.

3

What has recently sold at Ecoville?

Key Takeaway

Ecoville has 69 recorded sales; the most recent transacted at S$1,920,000 in Apr 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2024S$1,920,0001,184S$1,622 psf
Mar 2024S$1,950,0001,184S$1,647 psf
Feb 2024S$1,940,0001,184S$1,638 psf
Dec 2023S$1,800,0001,184S$1,520 psf
Oct 2021S$1,730,0001,184S$1,461 psf
Feb 2021S$1,500,0001,184S$1,267 psf
Jan 2021S$1,600,0001,184S$1,351 psf
Mar 2020S$1,455,0001,184S$1,229 psf
Nov 2019S$1,468,0001,184S$1,240 psf
Oct 2019S$1,520,0001,184S$1,284 psf
Aug 2019S$1,488,2881,184S$1,257 psf
Jul 2019S$2,650,0002,960S$895 psf

69 sales and 59 rentals on record since Apr 2006. Source: URA.

4

Are prices at Ecoville rising?

Key Takeaway

The median transacted PSF at Ecoville has risen 111% over the past 17 years (20072024), from S$777 psf to S$1,638 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,638 psfS$1.94M3+21.2%
2021S$1,351 psfS$1.60M3+8.1%
2019S$1,250 psfS$1.49M5+5.8%
2018S$1,182 psfS$1.43M3+0.7%
2012S$1,174 psfS$1.39M3+1.5%
2011S$1,157 psfS$1.37M2+23.5%
2010S$937 psfS$1.11M9+26.1%
2009S$743 psfS$880k4-12.9%
2008S$853 psfS$1.01M4+9.8%
2007S$777 psfS$920k2

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 Ecoville?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Ecoville 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.

6

What bedroom types are available at Ecoville?

Key Takeaway

Ecoville has 17 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom17S$2.04M–S$2.20MS$1,821 psf
7

Where is Ecoville and what's nearby?

Key Takeaway

Ecoville is located in Novena, in the Central Region of Singapore.

Ecoville is a freehold apartment completed in 2008. It was developed by TEAMBUILD PROPERTIES PTE LTD. The development has 30 residential units. It sits on a land area of 1,229 sqm and has a gross floor area of 3,442 sqm. The plot ratio is 2.8.

ECOVILLE is located at 10 Martaban Road, Singapore 328668. 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 872m 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. Facilities in the development include Barbeque Area, Gymnasium room, Jacuzzi, and Swimming pool.

8

Who built Ecoville and how big is the development?

Key Takeaway

Ecoville was developed by TEAMBUILD PROPERTIES PTE LTD, with 30 units.

Developer
TEAMBUILD PROPERTIES PTE LTD
Blocks
1
Land area
1,229 sqm (13,229 sqft)
Gross floor area
3,442 sqm (37,049 sqft)
Plot ratio
2.80
9

How far is Ecoville from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Ecoville is Novena MRT, about 872 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 km755 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority783 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority898 m
  • Bendemeer Secondary SchoolSecondary school1.1 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Chij Secondary (Toa Payoh)Secondary school1.3 km
  • Chij Primary (Toa Payoh)Primary school1.4 km
  • Kheng Cheng SchoolPrimary school1.6 km

Shops, food & parks

Mall: Square 2 · 826 mSupermarket: NTUC Fairprice Co-operative Ltd · 158 mHawker centre: Blks 91/92 Whampoa Drive # · 355 mPark: Toa Payoh Town Pk · 817 m

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

10

What facilities does Ecoville have?

Key Takeaway

Ecoville has 4 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Swimming pool.

Barbeque AreaGymnasium roomJacuzziSwimming pool
11

What does it cost to own a unit at Ecoville?

Key Takeaway

Buying a unit at Ecoville (~S$1.60M) needs about S$11,712/mo in income and S$5,389/mo in repayments, after S$49,600 stamp duty and a S$400k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.60M) 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$49,600

BSD, tiered

Downpayment (25%)

S$400k

cash + CPF

Monthly instalment

S$5,389/mo

30y @ 3.5%

Income required

S$11,712/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 Ecoville? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Ecoville

How much does a unit at Ecoville cost?

Units at Ecoville have recently transacted around S$1.60M (S$1,284 psf), from 69 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Ecoville?

For a unit around S$1.60M as a first home, you'd need roughly S$11,712/mo in income (assessed at the stress-test rate), with repayments near S$5,389/mo after a S$400k (25%) downpayment and S$49,600 Buyer's Stamp Duty.

Is Ecoville a good investment?

Gross rental yield is about 2.6%, and current asking prices sit about 42% above the most recent transacted PSF; median PSF has risen about 111% since 2007. 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 Ecoville going up?

The median transacted PSF at Ecoville has risen about 111% between 2007 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Ecoville freehold or leasehold?

Ecoville is freehold — ownership does not expire.

When was Ecoville built and who developed it?

Ecoville obtained TOP in 2008, developed by TEAMBUILD PROPERTIES PTE LTD, with 30 units across 1 block.

How many units are for sale at Ecoville?

There are 17 units for sale at Ecoville, from S$2.04M to S$2.20M.

What is the nearest MRT to Ecoville?

The nearest MRT/LRT station to Ecoville is Novena MRT, about 872 m away (~14 min walk).

Which primary schools are within 1 km of Ecoville?

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

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