FreeholdCCRDistrict 11 (Novena)

Gilstead Court

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2025 (URA)
Quick Summary

Gilstead Court is a freehold condominium in District 11 (Novena) that obtained TOP in 1989, with 48 units across 3 blocks. Across 32 transactions on record, units have recently transacted around S$2.48M (S$1,720 psf, ~1,389 sqft).

1

What are the key facts about Gilstead Court?

Key Takeaway

Gilstead Court is a freehold condominium in District 11 (Novena) that obtained TOP in 1989, with 48 units across 3 blocks.

Tenure
Freehold
TOP / Completion
1989
Developer
UNITED OVERSEAS DEVELOPMENT PTE LTD
Total units
48
Blocks
3
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,720 psf
Last transacted
Jun 2025
Remaining lease
Freehold
2

What is the price and PSF at Gilstead Court?

Key Takeaway

Units have recently transacted around S$2.48M (S$1,720 psf), at a gross rental yield of about 1.4% (URA caveat data).

Recent median price

S$2.48M

recent · 32 sales on record

Median PSF

S$1,720 psf

recent transactions

Median rent (monthly)

S$2,935

346 rentals on record

Gross rental yield

1.4%

indicative, gross

Source: URA caveat data, through Jun 2025.

3

What has recently sold at Gilstead Court?

Key Takeaway

Gilstead Court has 32 recorded sales; the most recent transacted at S$2,998,000 in Jun 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2025S$2,998,0001,464S$2,048 psf
Jan 2024S$2,650,0001,389S$1,908 psf
Jan 2023S$2,700,0001,389S$1,944 psf
Aug 2022S$2,800,0001,464S$1,913 psf
Dec 2021S$2,580,0001,389S$1,858 psf
Apr 2021S$2,500,0001,464S$1,708 psf
Jan 2021S$2,390,0001,389S$1,721 psf
Nov 2020S$2,480,0001,464S$1,694 psf
Sept 2020S$2,388,0001,389S$1,720 psf
Mar 2020S$2,380,0001,389S$1,714 psf
Jan 2020S$2,327,0001,464S$1,590 psf
May 2019S$2,250,0001,389S$1,620 psf

32 sales and 346 rentals on record since Jan 1995. Source: URA.

4

Are prices at Gilstead Court rising?

Key Takeaway

The median transacted PSF at Gilstead Court has risen 180% over the past 26 years (19952021), from S$615 psf to S$1,721 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2021S$1,721 psfS$2.50M3+1.6%
2020S$1,694 psfS$2.38M4+44.8%
2010S$1,170 psfS$1.65M3+113.9%
1999S$547 psfS$760k4-11.1%
1995S$615 psfS$900k3

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 Gilstead Court?

Key Takeaway

5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Gilstead Court 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.

6

Where is Gilstead Court and what's nearby?

Key Takeaway

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

Gilstead Court is a freehold condominium completed in 1989. It was developed by UNITED OVERSEAS DEVELOPMENT PTE LTD. The development has 48 residential units. It sits on a land area of 7,012 sqm and has a gross floor area of 9,812 sqm. The plot ratio is 1.4.

GILSTEAD COURT is located at 50G Gilstead Road, Singapore 309094. 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 Novena MRT, approximately 501m 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 Open car park, 24 hours security, Swimming pool, and Wading pool.

7

Who built Gilstead Court and how big is the development?

Key Takeaway

Gilstead Court was developed by UNITED OVERSEAS DEVELOPMENT PTE LTD, with 48 units.

Developer
UNITED OVERSEAS DEVELOPMENT PTE LTD
Blocks
3
Land area
7,012 sqm (75,476 sqft)
Gross floor area
9,812 sqm (105,615 sqft)
Plot ratio
1.40
8

How far is Gilstead Court from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Gilstead Court is Novena MRT, about 501 m away (~8 min walk). 4 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.

  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km461 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority462 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority656 m
  • Catholic Junior CollegeJunior collegewithin 1 km856 m
  • Anglo-Chinese School (Junior)Primary school1.0 km
  • Singapore Chinese Girls' SchoolSecondary school1.3 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.3 km
  • St. Joseph's InstitutionMixed-level school1.4 km

Shops, food & parks

Mall: United Square · 451 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 336 mHawker centre: Newton Food Centre · 731 mPark: Gentle Dr Pg · 234 m

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

9

What facilities does Gilstead Court have?

Key Takeaway

Gilstead Court has 4 facilities, including Open car park, 24 hours security, Swimming pool, Wading pool.

Open car park24 hours securitySwimming poolWading pool
10

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

Key Takeaway

Buying a unit at Gilstead Court (~S$2.48M) needs about S$18,154/mo in income and S$8,352/mo in repayments, after S$93,600 stamp duty and a S$620k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.48M) 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$93,600

BSD, tiered

Downpayment (25%)

S$620k

cash + CPF

Monthly instalment

S$8,352/mo

30y @ 3.5%

Income required

S$18,154/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 Gilstead Court? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Gilstead Court

How much does a unit at Gilstead Court cost?

Units at Gilstead Court have recently transacted around S$2.48M (S$1,720 psf), from 32 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 Court?

For a unit around S$2.48M as a first home, you'd need roughly S$18,154/mo in income (assessed at the stress-test rate), with repayments near S$8,352/mo after a S$620k (25%) downpayment and S$93,600 Buyer's Stamp Duty.

Is Gilstead Court a good investment?

Gross rental yield is about 1.4%; median PSF has risen about 180% since 1995. 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 Court going up?

The median transacted PSF at Gilstead Court has risen about 180% between 1995 and 2021, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Gilstead Court freehold or leasehold?

Gilstead Court is freehold — ownership does not expire.

When was Gilstead Court built and who developed it?

Gilstead Court obtained TOP in 1989, developed by UNITED OVERSEAS DEVELOPMENT PTE LTD, with 48 units across 3 blocks.

What is the nearest MRT to Gilstead Court?

The nearest MRT/LRT station to Gilstead Court is Novena MRT, about 501 m away (~8 min walk).

Which primary schools are within 1 km of Gilstead Court?

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

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