Hoover Flats
Hoover Flats is a freehold apartment in District 12 (Novena) that obtained TOP in 2004, with 73 units across 1 block. Across 1 transaction on record, the median transacted price is about S$48.00M (S$658 psf, ~72,954 sqft). There are 4 units for sale from S$1.45M to S$1.95M.
| Tenure | Freehold |
|---|---|
| TOP year | 2004 |
| Developer | KENG HOE DEVELOPMENT PTE LTD |
| Units | 73 in 1 block |
| District and area | District 12 · Novena · RCR |
| Nearest MRT | Toa Payoh MRT, 641 m (~10 min walk) |
| Median psf | S$658 psf, 1 URA caveat to Oct 2002 |
What's for sale and for rent at Hoover Flats?
Hoover Flats has 4 units listed for sale, asking S$1.45M to S$1.95M (median S$1,549 psf), and 1 unit for rent at a median of S$3,800 a month.
For sale
4 listings
S$1.45M – S$1.95M
For rent
1 listing
S$3,800 – S$3,800 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 2-bedroom | 2 | S$1.45M–S$1.45M | S$1,549 psf |
| 3-bedroom | 2 | S$1.95M–S$1.95M | S$1,575 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Hoover Flats?
Floor plans for Hoover Flats aren't in PropKaki's library yet.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 2-bedroom | 936 sqft | S$1.45M · S$1,549 psf |
| 3-bedroom | 1,238 sqft | S$1.95M · S$1,575 psf |
Check the Floor Plan Finder for Hoover Flats →
Listed sizes from current property listings.
What is the price and PSF at Hoover Flats?
The median transacted price is about S$48.00M (S$658 psf) (URA caveat data).
Median price
S$48.00M
1 sale on record
Median PSF
S$658 psf
URA, all sales
Median rent (monthly)
—
0 rentals on record
Gross rental yield
—
indicative, gross
Units currently for sale are asking a median of S$1,549 psf.
Source: URA caveat data, through Oct 2002.
What has recently sold at Hoover Flats?
Hoover Flats has 1 recorded sale; the most recent transacted at S$48,000,000 in Oct 2002 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 2002 | S$48,000,000 | 72,954 | S$658 psf |
1 sale and 0 rentals on record since Oct 2002. Source: URA.
Is Hoover Flats a good investment?
Hoover Flats has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.
District 12 sold for more
87%
of 7,946 private resales
Median gain
23%
gross, before costs
Median hold
6.3 years
bought to resold
Hoover Flats has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →
Where is Hoover Flats and what's nearby?
Hoover Flats is located in Novena, in the Central Region of Singapore.
Hoover Flats is a freehold apartment completed in 2004. It was developed by KENG HOE DEVELOPMENT PTE LTD. The development has 73 residential units.
HOOVER FLATS is located at 8 Jalan Rama Rama, Singapore 329089. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Toa Payoh MRT, approximately 641m away, around 10 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation.
How far is Hoover Flats from MRT and schools?
The nearest MRT/LRT to Hoover Flats is Toa Payoh MRT, about 641 m away (~10 min walk). 1 school is within 1 km.
Getting around
- Toa Payoh MRT641 m · ~10 min
- Novena MRT938 m · ~15 min
Schools nearby
- Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km878 m
- Chij Primary (Toa Payoh)Primary school1.0 km
- St. Joseph's Institution JuniorPrimary school1.1 km
- Hong Wen SchoolPrimary school1.1 km
- Northlight SchoolSecondary school1.2 km
- Kheng Cheng SchoolPrimary school1.2 km
- Bendemeer Secondary SchoolSecondary school1.4 km
- Pei Chun Public SchoolPrimary school1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Hoover Flats and how big is the development?
Hoover Flats was developed by KENG HOE DEVELOPMENT PTE LTD, with 73 units over up to 19 storeys.
- Developer
- KENG HOE DEVELOPMENT PTE LTD
- Floors
- 19 storeys
- Blocks
- 1
What does it cost to own a unit at Hoover Flats?
Buying a unit at Hoover Flats (~S$48.00M) needs about S$351,374/mo in income and S$161,656/mo in repayments, after S$2,819,600 stamp duty and a S$12.00M downpayment.
Illustrative, for a Singapore Citizen buying a unit at the median price (S$48.00M) 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$2,819,600
BSD, tiered
Downpayment (25%)
S$12.00M
cash + CPF
Monthly instalment
S$161,656/mo
30y @ 3.5%
Income required
S$351,374/mo
TDSR @ stress rate
How many property agents are active around Hoover Flats?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Hoover Flats sits — in the last 12 months, across all property types.
Active agents · 12mo
6,318
District 12 · closed ≥1 deal
Deals on record
24,291
all-time · all property types
Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about Hoover Flats? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Hoover Flats's own transactions.
PropKakiRecent units at Hoover Flats sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Hoover Flats
Is Hoover Flats freehold?⌄
Yes. Hoover Flats is freehold, so ownership does not run out.
How old is Hoover Flats?⌄
Hoover Flats was completed (obtained TOP) in 2004, so it is about 22 years old.
Is Hoover Flats a good investment?⌄
Hoover Flats has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.
Is Hoover Flats an EC?⌄
No. Hoover Flats is a private apartment development, not an executive condominium (EC).
Who is the developer of Hoover Flats?⌄
Hoover Flats was developed by KENG HOE DEVELOPMENT PTE LTD.
What is the price of a condo at Hoover Flats?⌄
The median price paid at Hoover Flats is about S$48.00M (S$658 psf), across 1 URA caveat to Oct 2002. 4 units are listed for sale from S$1.45M to S$1.95M.
Where is Hoover Flats located?⌄
Hoover Flats is at 8 Jalan Rama Rama, Singapore 329089, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 641 m away.
How many units are there in Hoover Flats?⌄
Hoover Flats has 73 units in 1 block, up to 19 storeys high.
How much do I need to earn to buy at Hoover Flats?⌄
For a unit around S$48.00M as a first home, you'd need roughly S$351,374/mo in income (assessed at the stress-test rate), with repayments near S$161,656/mo after a S$12.00M (25%) downpayment and S$2,819,600 Buyer's Stamp Duty.