Gilstead 38
Gilstead 38 is a freehold apartment in District 11 (Novena) that obtained TOP in 1999, with 23 units across 1 block. Across 54 transactions on record, units have recently transacted around S$1.45M (S$1,297 psf, ~1,130 sqft).
What are the key facts about Gilstead 38?
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
What is the price and PSF at Gilstead 38?
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.
What has recently sold at Gilstead 38?
Gilstead 38 has 54 recorded sales; the most recent transacted at S$1,920,000 in Nov 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Nov 2025 | S$1,920,000 | 1,130 | S$1,699 psf |
| Mar 2025 | S$2,620,000 | 1,959 | S$1,337 psf |
| Mar 2024 | S$1,850,000 | 980 | S$1,889 psf |
| Nov 2022 | S$1,450,000 | 980 | S$1,480 psf |
| May 2018 | S$1,850,000 | 1,959 | S$944 psf |
| Sept 2017 | S$2,400,000 | 2,540 | S$945 psf |
| Aug 2015 | S$1,430,000 | 980 | S$1,460 psf |
| Aug 2012 | S$1,510,000 | 1,959 | S$771 psf |
| Nov 2011 | S$1,350,000 | 980 | S$1,378 psf |
| May 2011 | S$1,270,000 | 980 | S$1,297 psf |
| Mar 2011 | S$1,450,000 | 1,130 | S$1,283 psf |
| Mar 2011 | S$1,388,000 | 1,130 | S$1,228 psf |
54 sales and 154 rentals on record since Apr 1998. Source: URA.
Are prices at Gilstead 38 rising?
The median transacted PSF at Gilstead 38 has risen 63% over the past 27 years (1998–2025), from S$820 psf to S$1,337 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,337 psf | S$1.92M | 2 | +4.2% |
| 2011 | S$1,283 psf | S$1.35M | 4 | +56.5% |
| 2009 | S$820 psf | S$1.09M | 2 | -8.7% |
| 2007 | S$898 psf | S$1.30M | 9 | +32.6% |
| 2004 | S$677 psf | S$705k | 3 | -30.6% |
| 2000 | S$975 psf | S$955k | 2 | +35.0% |
| 1999 | S$722 psf | S$980k | 11 | -12.0% |
| 1998 | S$820 psf | S$870k | 13 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Gilstead 38?
5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Gilstead 38 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.
Where is Gilstead 38 and what's nearby?
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.
Who built Gilstead 38 and how big is the development?
Gilstead 38 was developed by WAH KHIAW REALTY PTE LTD (HABITAT PROPERTIES GROUP), with 23 units over up to 4 storeys.
- Developer
- WAH KHIAW REALTY PTE LTD (HABITAT PROPERTIES GROUP)
- Floors
- 4 storeys
- Blocks
- 1
- Land area
- 1,964 sqm (21,140 sqft)
- Gross floor area
- 2,750 sqm (29,601 sqft)
- Plot ratio
- 1.40
How far is Gilstead 38 from MRT and schools?
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
- Newton MRT488 m · ~8 min
- Novena MRT580 m · ~9 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Gilstead 38 have?
Gilstead 38 has 4 facilities, including Barbeque Area, Covered car park, 24 hours security, Swimming pool.
What does it cost to own a unit at Gilstead 38?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Gilstead 38? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Gilstead 38's own transactions.
PropKakiRecent units at Gilstead 38 sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Gilstead 38
How much does a unit at Gilstead 38 cost?⌄
Units at Gilstead 38 have recently transacted around S$1.45M (S$1,297 psf), from 54 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Gilstead 38?⌄
For a unit around S$1.45M as a first home, you'd need roughly S$10,614/mo in income (assessed at the stress-test rate), with repayments near S$4,883/mo after a S$363k (25%) downpayment and S$42,600 Buyer's Stamp Duty.
Is Gilstead 38 a good investment?⌄
Gross rental yield is about 2.6%; median PSF has risen about 63% since 1998. 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 Gilstead 38 going up?⌄
The median transacted PSF at Gilstead 38 has risen about 63% between 1998 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Gilstead 38 freehold or leasehold?⌄
Gilstead 38 is freehold — ownership does not expire.
When was Gilstead 38 built and who developed it?⌄
Gilstead 38 obtained TOP in 1999, developed by WAH KHIAW REALTY PTE LTD (HABITAT PROPERTIES GROUP), with 23 units across 1 block.
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.