PropKaki
FreeholdCCRDistrict 11 (Novena)

Gilstead 38

Reviewed by Nathan TangUpdated 20 June 2026Data through Nov 2025 (URA)
Quick Summary

Gilstead 38 is a freehold apartment in District 11 (Novena) that obtained TOP in 1999, with 23 units across 1 block. Units have recently transacted around S$1.45M (S$1,297 psf), from 54 sales on record.

1

What are the key facts about Gilstead 38?

Key Takeaway

Gilstead 38 is a freehold apartment in District 11 (Novena) that obtained TOP in 1999, with 23 units across 1 block.

Tenure
Freehold
TOP / Completion
1999
Developer
WAH KHIAW REALTY PTE LTD (HABITAT PROPERTIES GROUP)
Total units
23
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,297 psf
Last transacted
Nov 2025
Remaining lease
Freehold
2

What is the price and PSF at Gilstead 38?

Key Takeaway

Units have recently transacted around S$1.45M (S$1,297 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.45M

recent · 54 sales on record

Median PSF

S$1,297 psf

recent transactions

Median rent (monthly)

S$3,187

154 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through Nov 2025.

3

What has recently sold at Gilstead 38?

Key Takeaway

Gilstead 38 has 54 recorded sales; the most recent transacted at S$1,920,000 in Nov 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2025S$1,920,0001,130S$1,699 psf
Mar 2025S$2,620,0001,959S$1,337 psf
Mar 2024S$1,850,000980S$1,889 psf
Nov 2022S$1,450,000980S$1,480 psf
May 2018S$1,850,0001,959S$944 psf
Sept 2017S$2,400,0002,540S$945 psf
Aug 2015S$1,430,000980S$1,460 psf
Aug 2012S$1,510,0001,959S$771 psf
Nov 2011S$1,350,000980S$1,378 psf
May 2011S$1,270,000980S$1,297 psf
Mar 2011S$1,450,0001,130S$1,283 psf
Mar 2011S$1,388,0001,130S$1,228 psf

54 sales and 154 rentals on record since Apr 1998. Source: URA.

4

Where is Gilstead 38 and what's nearby?

Key Takeaway

Gilstead 38 is located in Novena, in the Central Region of Singapore.

Gilstead 38 is a freehold apartment completed in 1999. It was developed by WAH KHIAW REALTY PTE LTD (HABITAT PROPERTIES GROUP). The development has 23 residential units. It sits on a land area of 1,964 sqm and has a gross floor area of 2,750 sqm. The plot ratio is 1.4.

GILSTEAD 38 is located at 38 Gilstead Road, Singapore 309082. 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 Newton MRT, approximately 488m away, around 8 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Gentle Dr Pg for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, 24 hours security, and Swimming pool.

5

How far is Gilstead 38 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Gilstead 38 is Newton MRT, about 488 m away (~8 min walk). 5 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority394 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km409 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority721 m
  • Catholic Junior CollegeJunior collegewithin 1 km848 m
  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority998 m
  • Singapore Chinese Girls' SchoolSecondary school1.3 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.3 km
  • St. Joseph's InstitutionMixed-level school1.3 km

Shops, food & parks

Mall: United Square · 508 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 264 mHawker centre: Newton Food Centre · 694 mPark: Gentle Dr Pg · 303 m

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

6

What facilities does Gilstead 38 have?

Key Takeaway

Gilstead 38 has 4 facilities, including Barbeque Area, Covered car park, 24 hours security, Swimming pool.

Barbeque AreaCovered car park24 hours securitySwimming pool
7

What does it cost to own a unit at Gilstead 38?

Key Takeaway

Buying a unit at Gilstead 38 (~S$1.45M) needs about S$10,614/mo in income and S$4,883/mo in repayments, after S$42,600 stamp duty and a S$363k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.45M) 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$42,600

BSD, tiered

Downpayment (25%)

S$363k

cash + CPF

Monthly instalment

S$4,883/mo

30y @ 3.5%

Income required

S$10,614/mo

TDSR @ stress rate

8

Frequently asked questions about Gilstead 38

What is the price at Gilstead 38?

Units at Gilstead 38 have recently transacted around S$1.45M (S$1,297 psf), from 54 sales on record (URA caveat data).

Is Gilstead 38 freehold or leasehold?

Gilstead 38 is freehold.

When was Gilstead 38 built?

Gilstead 38 obtained TOP in 1999, developed by WAH KHIAW REALTY PTE LTD (HABITAT PROPERTIES GROUP).

What is the rental yield at Gilstead 38?

Gross rental yield at Gilstead 38 is about 2.6%, based on median current rents and prices.

How many units are in Gilstead 38?

Gilstead 38 has 23 units across 1 block.

What facilities does Gilstead 38 have?

Gilstead 38 has 4 facilities, including Barbeque Area, Covered car park, 24 hours security, Swimming pool.

What is the nearest MRT to Gilstead 38?

The nearest MRT/LRT station to Gilstead 38 is Newton MRT, about 488 m away (~8 min walk).

Which primary schools are within 1 km of Gilstead 38?

Anglo-Chinese School (Primary), St. Joseph's Institution Junior, Anglo-Chinese School (Junior) are within 1 km of Gilstead 38 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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