Gilstead Two
Gilstead Two is a freehold apartment in District 11 (Novena) that obtained TOP in 2014, with 110 units across 1 block. Across 148 transactions on record, units have recently transacted around S$1.75M (S$2,232 psf, ~904 sqft). There are 21 units for sale from S$1.72M to S$7.33M.
What are the key facts about Gilstead Two?
Gilstead Two is a freehold apartment in District 11 (Novena) that obtained TOP in 2014, with 110 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2014
- Developer
- CHEDSTONE INVESTMENT HOLDINGS PTE LTD
- Total units
- 110
- Blocks
- 1
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$2,232 psf
- Last transacted
- Jun 2026
- Remaining lease
- Freehold
What is the price and PSF at Gilstead Two?
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 · 148 sales on record
Median PSF
S$2,232 psf
recent transactions
Median rent (monthly)
S$3,885
705 rentals on record
Gross rental yield
2.7%
indicative, gross
Units currently for sale are asking a median of S$2,600 psf — about 16% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Gilstead Two?
Gilstead Two has 148 recorded sales; the most recent transacted at S$1,700,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$1,700,000 | 775 | S$2,194 psf |
| Dec 2025 | S$1,600,000 | 904 | S$1,770 psf |
| Mar 2025 | S$2,060,000 | 904 | S$2,278 psf |
| Sept 2024 | S$2,100,000 | 904 | S$2,323 psf |
| Sept 2024 | S$1,750,000 | 775 | S$2,258 psf |
| Jun 2024 | S$2,060,000 | 904 | S$2,278 psf |
| Jun 2024 | S$1,650,000 | 775 | S$2,129 psf |
| May 2024 | S$1,730,000 | 775 | S$2,232 psf |
| Dec 2023 | S$2,140,000 | 904 | S$2,367 psf |
| Dec 2023 | S$1,675,000 | 775 | S$2,161 psf |
| Nov 2023 | S$1,950,000 | 904 | S$2,157 psf |
| Nov 2023 | S$2,268,000 | 904 | S$2,508 psf |
148 sales and 705 rentals on record since May 2010. Source: URA.
Are prices at Gilstead Two rising?
The median transacted PSF at Gilstead Two has fallen 12% over the past 12 years (2013–2025), from S$2,013 psf to S$1,770 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2025 | S$1,770 psf | S$1.60M | 2 | -21.6% |
| 2024 | S$2,258 psf | S$1.75M | 5 | +2.9% |
| 2023 | S$2,194 psf | S$1.73M | 6 | +11.3% |
| 2021 | S$1,972 psf | S$1.53M | 4 | +4.2% |
| 2020 | S$1,893 psf | S$1.71M | 2 | -5.3% |
| 2019 | S$2,000 psf | S$1.55M | 5 | -0.1% |
| 2018 | S$2,002 psf | S$1.78M | 5 | +3.5% |
| 2017 | S$1,935 psf | S$1.51M | 5 | -2.8% |
| 2014 | S$1,991 psf | S$1.55M | 2 | -1.1% |
| 2013 | S$2,013 psf | S$1.82M | 2 | — |
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 Two?
5,862 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
5,862
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.
What bedroom types are available at Gilstead Two?
Gilstead Two has 21 units listed for sale, spanning 2–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 16 | S$1.72M–S$2.44M | S$2,600 psf |
| 4-bedroom | 5 | S$6.50M–S$7.33M | S$2,262 psf |
Where is Gilstead Two and what's nearby?
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.
Who built Gilstead Two and how big is the development?
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
How far is Gilstead Two from MRT and schools?
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
- Newton MRT135 m · ~2 min
- Novena MRT853 m · ~13 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 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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Gilstead Two have?
Gilstead Two has 6 facilities, including Barbeque Area, Fitness corner, Pool Deck, Playground, and more.
What does it cost to own a unit at Gilstead Two?
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
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 Two? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Gilstead Two's own transactions.
PropKakiRecent units at Gilstead Two sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Gilstead Two
How much does a unit at Gilstead Two cost?⌄
Units at Gilstead Two have recently transacted around S$1.75M (S$2,232 psf), from 148 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 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.
Is Gilstead Two a good investment?⌄
Gross rental yield is about 2.7%, and current asking prices sit about 16% above the most recent transacted PSF; median PSF has fallen about 12% since 2013. 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 Two going up?⌄
The median transacted PSF at Gilstead Two has fallen about 12% between 2013 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Gilstead Two freehold or leasehold?⌄
Gilstead Two is freehold — ownership does not expire.
When was Gilstead Two built and who developed it?⌄
Gilstead Two obtained TOP in 2014, developed by CHEDSTONE INVESTMENT HOLDINGS PTE LTD, with 110 units across 1 block.
How many units are for sale at Gilstead Two?⌄
There are 21 units for sale at Gilstead Two, from S$1.72M to S$7.33M.
What is the nearest MRT to Gilstead Two?⌄
The nearest MRT/LRT station to Gilstead Two is Newton MRT, about 135 m away (~2 min walk).
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 qualify for Primary 1 (P1) registration priority.