FreeholdCCRDistrict 11 (Novena)

Gilstead Two

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (URA)
Quick Summary

Gilstead Two is a freehold apartment in District 11 (Novena) that obtained TOP in 2014, with 110 units across 1 block. Across 149 transactions on record, units have recently transacted around S$1.75M (S$2,232 psf, ~904 sqft). There are 13 units for sale from S$1.72M to S$6.50M.

Key facts about Gilstead Two
TenureFreehold
TOP year2014
DeveloperCHEDSTONE INVESTMENT HOLDINGS PTE LTD
Units110 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNewton MRT, 135 m (~2 min walk)
Latest median psfS$2,232 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Gilstead Two?

Key Takeaway

Gilstead Two has 13 units listed for sale, asking S$1.72M to S$6.50M (median S$2,262 psf), and 9 units for rent at a median of S$4,900 a month.

For sale

13 listings

S$1.72M – S$6.50M

For rent

9 listings

S$4,800 – S$9,999 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom10S$1.72M–S$2.44MS$2,307 psf
4-bedroom3S$6.50M–S$6.50MS$2,262 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Gilstead Two?

Key Takeaway

Floor plans for Gilstead Two aren't in PropKaki's library yet. Across 149 URA caveats, units range from 775 sqft to 2,874 sqft, and the middle half are 775 sqft to 904 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom775 sqft to 904 sqftS$1.72M · S$2,307 psf
4-bedroom2,874 sqftS$6.50M · S$2,262 psf

Check the Floor Plan Finder for Gilstead Two →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Gilstead Two?

Key Takeaway

Units have recently transacted around S$1.75M (S$2,232 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.75M

recent · 149 sales on record

Median PSF

S$2,232 psf

recent transactions

Median rent (monthly)

S$3,883

715 rentals on record

Gross rental yield

2.7%

indicative, gross

Units currently for sale are asking a median of S$2,262 psf.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Gilstead Two?

Key Takeaway

Gilstead Two has 149 recorded sales; the most recent transacted at S$2,330,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,330,000904S$2,577 psf
Jun 2026S$1,700,000775S$2,194 psf
Dec 2025S$1,600,000904S$1,770 psf
Mar 2025S$2,060,000904S$2,278 psf
Sept 2024S$2,100,000904S$2,323 psf
Sept 2024S$1,750,000775S$2,258 psf
Jun 2024S$1,650,000775S$2,129 psf
Jun 2024S$2,060,000904S$2,278 psf
May 2024S$1,730,000775S$2,232 psf
Dec 2023S$2,140,000904S$2,367 psf
Dec 2023S$1,675,000775S$2,161 psf
Nov 2023S$1,950,000904S$2,157 psf

149 sales and 715 rentals on record since May 2010. Source: URA.

5

Are prices at Gilstead Two rising?

Key Takeaway

The median transacted PSF at Gilstead Two has risen 10% over the past 12 years (20142026), from S$1,991 psf to S$2,194 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$2,194 psfS$1.70M2+24.0%
2025S$1,770 psfS$1.60M2-21.6%
2024S$2,258 psfS$1.75M5+2.9%
2023S$2,194 psfS$1.73M6+11.3%
2021S$1,972 psfS$1.53M4+4.2%
2020S$1,893 psfS$1.71M2-5.3%
2019S$2,000 psfS$1.55M5-0.1%
2018S$2,002 psfS$1.78M5+3.5%
2017S$1,935 psfS$1.51M5-2.8%
2014S$1,991 psfS$1.55M2

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Gilstead Two a good investment?

Key Takeaway

Of 42 units at Gilstead Two that were bought and later resold (bought from 2010, resold up to 2026), 55% sold for more than they were bought for, with a median gain of 1% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

55%

of 42 resales here

Median gain

1%

gross, before costs

Median hold

8.8 years

bought to resold

Every unit at Gilstead Two with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Gilstead Two and what's nearby?

Key Takeaway

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

Gilstead Two is a freehold apartment completed in 2014. It was developed by CHEDSTONE INVESTMENT HOLDINGS PTE LTD. The development has 110 residential units. It sits on a land area of 8,867 sqm and has a gross floor area of 25,817 sqm. The plot ratio is 2.8.

GILSTEAD TWO is located at 2 Gilstead Road, Singapore 309061. 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 135m away, around 2 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 Hooper Rd Pg for greenery and recreation. Facilities in the development include Barbeque Area, Fitness corner, Pool Deck, Playground, Swimming pool, and Wading pool.

8

How far is Gilstead Two from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Gilstead Two is Newton MRT, about 135 m away (~2 min walk). 4 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 priority494 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km598 m
  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority682 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority853 m
  • Catholic Junior CollegeJunior college1.1 km
  • Singapore Chinese Girls' SchoolSecondary school1.3 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.3 km
  • Farrer Park Primary SchoolPrimary school1.4 km

Shops, food & parks

Mall: United Square · 625 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 153 mHawker centre: Newton Food Centre · 360 mPark: Hooper Rd Pg · 599 m

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

9

Who built Gilstead Two and how big is the development?

Key Takeaway

Gilstead Two was developed by CHEDSTONE INVESTMENT HOLDINGS PTE LTD, designed by JGP ARCHITECTURE (S) PTE LTD, with 110 units over up to 33 storeys.

Developer
CHEDSTONE INVESTMENT HOLDINGS PTE LTD
Architect
JGP ARCHITECTURE (S) PTE LTD
Main contractor
TEAMBUILD CONSTRUCTION PTE LTD
Floors
33 storeys
Blocks
1
Land area
8,867 sqm (95,444 sqft)
Gross floor area
25,817 sqm (277,892 sqft)
Plot ratio
2.80
10

What facilities does Gilstead Two have?

Key Takeaway

Gilstead Two has 6 facilities, including Barbeque Area, Fitness corner, Pool Deck, Playground, and more.

Barbeque AreaFitness cornerPool DeckPlaygroundSwimming poolWading pool
11

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

Key Takeaway

Buying a unit at Gilstead Two (~S$1.75M) needs about S$12,811/mo in income and S$5,894/mo in repayments, after S$57,100 stamp duty and a S$438k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.75M) 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$57,100

BSD, tiered

Downpayment (25%)

S$438k

cash + CPF

Monthly instalment

S$5,894/mo

30y @ 3.5%

Income required

S$12,811/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Gilstead Two?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Gilstead Two sits — in the last 12 months, across all property types.

Active agents · 12mo

5,863

District 11 · closed ≥1 deal

Deals on record

30,351

all-time · all property types

Source: CEA public transaction records, attributed to District 11 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Gilstead Two? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Gilstead Two

Is Gilstead Two freehold?

Yes. Gilstead Two is freehold, so ownership does not run out.

How old is Gilstead Two?

Gilstead Two was completed (obtained TOP) in 2014, so it is about 12 years old.

Is Gilstead Two a good investment?

Of 42 units at Gilstead Two that were bought and later resold (bought from 2010, resold up to 2026), 55% sold for more than they were bought for, with a median gain of 1% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Past resale results don't predict future returns, and this is not financial advice.

Is Gilstead Two an EC?

No. Gilstead Two is a private apartment development, not an executive condominium (EC).

Who is the developer of Gilstead Two?

Gilstead Two was developed by CHEDSTONE INVESTMENT HOLDINGS PTE LTD.

What is the price of a condo at Gilstead Two?

Units at Gilstead Two have recently sold for around S$1.75M (S$2,232 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 13 units are listed for sale from S$1.72M to S$6.50M.

Where is Gilstead Two located?

Gilstead Two is at 2 Gilstead Road, Singapore 309061, in Novena (District 11). The nearest MRT station is Newton MRT, about 135 m away.

How many units are there in Gilstead Two?

Gilstead Two has 110 units in 1 block, up to 33 storeys high.

How much do I need to earn to buy at Gilstead Two?

For a unit around S$1.75M as a first home, you'd need roughly S$12,811/mo in income (assessed at the stress-test rate), with repayments near S$5,894/mo after a S$438k (25%) downpayment and S$57,100 Buyer's Stamp Duty.

Are prices at Gilstead Two going up?

The median price per square foot at Gilstead Two has risen about 10% between 2014 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Gilstead Two?

Anglo-Chinese School (Primary), Anglo-Chinese School (Junior), St. Joseph's Institution Junior are within 1 km of Gilstead Two. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.