FreeholdRCRDistrict 12 (Novena)

Iresidences

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

Iresidences is a freehold apartment in District 12 (Novena) that obtained TOP in 2011, with 70 units across 1 block. Across 123 transactions on record, units have recently transacted around S$2.09M (S$1,620 psf, ~1,313 sqft). There are 6 units for sale from S$1.90M to S$2.00M.

1

What are the key facts about Iresidences?

Key Takeaway

Iresidences is a freehold apartment in District 12 (Novena) that obtained TOP in 2011, with 70 units across 1 block.

Tenure
Freehold
TOP / Completion
2011
Developer
NOVELTY ASIA PACIFIC PTE LTD
Total units
70
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,620 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at Iresidences?

Key Takeaway

Units have recently transacted around S$2.09M (S$1,620 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$2.09M

recent · 123 sales on record

Median PSF

S$1,620 psf

recent transactions

Median rent (monthly)

S$4,172

313 rentals on record

Gross rental yield

2.4%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at Iresidences?

Key Takeaway

Iresidences has 123 recorded sales; the most recent transacted at S$1,900,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,900,0001,066S$1,783 psf
May 2026S$2,575,0001,313S$1,961 psf
Sept 2025S$2,650,0001,346S$1,970 psf
Jan 2025S$1,800,0001,066S$1,689 psf
Dec 2023S$2,550,0001,346S$1,895 psf
Jun 2023S$2,550,0001,346S$1,895 psf
May 2023S$1,560,000980S$1,593 psf
Jun 2022S$1,550,000980S$1,582 psf
Feb 2022S$1,550,000980S$1,582 psf
Jan 2022S$2,180,0001,346S$1,620 psf
Nov 2021S$4,470,0003,746S$1,193 psf
Oct 2021S$2,088,0001,346S$1,552 psf

123 sales and 313 rentals on record since Dec 2008. Source: URA.

4

Are prices at Iresidences rising?

Key Takeaway

The median transacted PSF at Iresidences has risen 23% over the past 13 years (20132026), from S$1,445 psf to S$1,783 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,783 psfS$1.90M2+5.6%
2025S$1,689 psfS$1.80M2-10.9%
2023S$1,895 psfS$2.55M3+19.8%
2022S$1,582 psfS$1.55M3+1.9%
2021S$1,552 psfS$2.09M5+5.4%
2020S$1,473 psfS$1.57M2+7.3%
2018S$1,373 psfS$1.60M6+2.7%
2017S$1,337 psfS$1.31M2+2.8%
2016S$1,301 psfS$1.33M4-10.0%
2013S$1,445 psfS$1.54M2

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 Iresidences?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Iresidences 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.

6

What bedroom types are available at Iresidences?

Key Takeaway

Iresidences has 6 units listed for sale, spanning 2–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom5S$1.90M–S$2.00M
3-bedroom1S$1.90M–S$1.90M
7

Where is Iresidences and what's nearby?

Key Takeaway

Iresidences is located in Novena, in the Central Region of Singapore.

Iresidences is a freehold apartment completed in 2011. It was developed by NOVELTY ASIA PACIFIC PTE LTD. The development has 70 residential units. It sits on a land area of 2,476 sqm and has a gross floor area of 6,931 sqm. The plot ratio is 2.8.

IRESIDENCES is located at 20 Irrawaddy Road, Singapore 329550. 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 Novena MRT, approximately 571m away, around 9 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 Novena Rise Pk for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Fitness corner, Gymnasium room, Jacuzzi, and Playground.

8

Who built Iresidences and how big is the development?

Key Takeaway

Iresidences was developed by NOVELTY ASIA PACIFIC PTE LTD, designed by JGP ARCHITECTURE (S) PTE LTD, with 70 units.

Developer
NOVELTY ASIA PACIFIC PTE LTD
Architect
JGP ARCHITECTURE (S) PTE LTD
Main contractor
NOVELTY BUILDERS PTE LTD
Blocks
1
Land area
2,476 sqm (26,651 sqft)
Gross floor area
6,931 sqm (74,605 sqft)
Plot ratio
2.80
9

How far is Iresidences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Iresidences is Novena MRT, about 571 m away (~9 min walk). 3 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.

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority838 m
  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km841 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority931 m
  • Catholic Junior CollegeJunior college1.2 km
  • Anglo-Chinese School (Barker Road)Secondary school1.3 km
  • Northlight SchoolSecondary school1.3 km
  • Anglo-Chinese School (Primary)Primary school1.3 km
  • Kheng Cheng SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 531 mSupermarket: NTUC Fairprice Co-operative Ltd · 221 mHawker centre: Blks 91/92 Whampoa Drive # · 963 mPark: Novena Rise Pk · 313 m

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

10

What facilities does Iresidences have?

Key Takeaway

Iresidences has 8 facilities, including Barbeque Area, Basement car park, Fitness corner, Gymnasium room, and more.

Barbeque AreaBasement car parkFitness cornerGymnasium roomJacuzziPlayground24 hours securitySwimming pool
11

What does it cost to own a unit at Iresidences?

Key Takeaway

Buying a unit at Iresidences (~S$2.09M) needs about S$15,285/mo in income and S$7,032/mo in repayments, after S$74,000 stamp duty and a S$522k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.09M) 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$74,000

BSD, tiered

Downpayment (25%)

S$522k

cash + CPF

Monthly instalment

S$7,032/mo

30y @ 3.5%

Income required

S$15,285/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 Iresidences? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Iresidences

How much does a unit at Iresidences cost?

Units at Iresidences have recently transacted around S$2.09M (S$1,620 psf), from 123 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Iresidences?

For a unit around S$2.09M as a first home, you'd need roughly S$15,285/mo in income (assessed at the stress-test rate), with repayments near S$7,032/mo after a S$522k (25%) downpayment and S$74,000 Buyer's Stamp Duty.

Is Iresidences a good investment?

Gross rental yield is about 2.4%; median PSF has risen about 23% 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 Iresidences going up?

The median transacted PSF at Iresidences has risen about 23% between 2013 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Iresidences freehold or leasehold?

Iresidences is freehold — ownership does not expire.

When was Iresidences built and who developed it?

Iresidences obtained TOP in 2011, developed by NOVELTY ASIA PACIFIC PTE LTD, with 70 units across 1 block.

How many units are for sale at Iresidences?

There are 6 units for sale at Iresidences, from S$1.90M to S$2.00M.

What is the nearest MRT to Iresidences?

The nearest MRT/LRT station to Iresidences is Novena MRT, about 571 m away (~9 min walk).

Which primary schools are within 1 km of Iresidences?

St. Joseph's Institution Junior, Chij Primary (Toa Payoh) are within 1 km of Iresidences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

Chat on WhatsApp