FreeholdRCRDistrict 12 (Novena)

Hoover Flats

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2002 (URA)
Quick Summary

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$1.52M to S$1.99M.

1

What are the key facts about Hoover Flats?

Key Takeaway

Hoover Flats is a freehold apartment in District 12 (Novena) that obtained TOP in 2004, with 73 units across 1 block.

Tenure
Freehold
TOP / Completion
2004
Developer
KENG HOE DEVELOPMENT PTE LTD
Total units
73
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$658 psf
Last transacted
Oct 2002
Remaining lease
Freehold
2

What is the price and PSF at Hoover Flats?

Key Takeaway

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$1,624 psf.

Source: URA caveat data, through Oct 2002.

3

What has recently sold at Hoover Flats?

Key Takeaway

Hoover Flats has 1 recorded sale; the most recent transacted at S$48,000,000 in Oct 2002 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2002S$48,000,00072,954S$658 psf

1 sale and 0 rentals on record since Oct 2002. Source: URA.

4

How many property agents are active around Hoover Flats?

Key Takeaway

6,316 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

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

What bedroom types are available at Hoover Flats?

Key Takeaway

Hoover Flats has 4 units listed for sale, spanning 2–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom2S$1.52M–S$1.52MS$1,624 psf
3-bedroom2S$1.95M–S$1.99M
6

Where is Hoover Flats and what's nearby?

Key Takeaway

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.

7

Who built Hoover Flats and how big is the development?

Key Takeaway

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
8

How far is Hoover Flats from MRT and schools?

Key Takeaway

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

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

Mall: Square 2 · 892 mSupermarket: NTUC Fairprice Co-operative Ltd · 284 mHawker centre: Blks 91/92 Whampoa Drive # · 689 mPark: Toa Payoh Town Pk · 407 m

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

9

What does it cost to own a unit at Hoover Flats?

Key Takeaway

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

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 Hoover Flats? Ask before you commit.

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

PropKaki
Is Hoover Flats a good buy, and what are units selling for?

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

Ask anything about Singapore property…
10

Frequently asked questions about Hoover Flats

How much does a unit at Hoover Flats cost?

The median transacted price at Hoover Flats is about S$48.00M (S$658 psf) across 1 sale on record (URA caveats).

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.

Is Hoover Flats freehold or leasehold?

Hoover Flats is freehold — ownership does not expire.

When was Hoover Flats built and who developed it?

Hoover Flats obtained TOP in 2004, developed by KENG HOE DEVELOPMENT PTE LTD, with 73 units across 1 block.

How many units are for sale at Hoover Flats?

There are 4 units for sale at Hoover Flats, from S$1.52M to S$1.99M.

What is the nearest MRT to Hoover Flats?

The nearest MRT/LRT station to Hoover Flats is Toa Payoh MRT, about 641 m away (~10 min walk).

Are there schools near Hoover Flats?

1 school is within 1 km of Hoover Flats, including Chij Secondary (Toa Payoh).

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