FreeholdCCRDistrict 11 (Novena)

Iridium

Reviewed by Nathan TangUpdated 11 August 2026Data through Jul 2026 (URA)
Quick Summary

Iridium is a freehold apartment in District 11 (Novena) that obtained TOP in 2009, with 45 units across 1 block. Across 127 transactions on record, units have recently transacted around S$1.92M (S$1,792 psf, ~1,066 sqft). There are 5 units for sale from S$2.18M to S$2.40M.

1

What are the key facts about Iridium?

Key Takeaway

Iridium is a freehold apartment in District 11 (Novena) that obtained TOP in 2009, with 45 units across 1 block.

Tenure
Freehold
TOP / Completion
2009
Developer
NOVELTY PROPERTIES PTE LTD
Total units
45
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,792 psf
Last transacted
Jul 2026
Remaining lease
Freehold
2

What is the price and PSF at Iridium?

Key Takeaway

Units have recently transacted around S$1.92M (S$1,792 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.92M

recent · 127 sales on record

Median PSF

S$1,792 psf

recent transactions

Median rent (monthly)

S$3,930

257 rentals on record

Gross rental yield

2.5%

indicative, gross

Units currently for sale are asking a median of S$2,026 psf — about 13% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

3

What has recently sold at Iridium?

Key Takeaway

Iridium has 127 recorded sales; the most recent transacted at S$2,130,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$2,130,0001,076S$1,979 psf
Mar 2025S$2,300,0001,066S$2,158 psf
Aug 2024S$1,928,0001,066S$1,809 psf
Dec 2023S$2,180,0001,066S$2,046 psf
Feb 2023S$2,100,0001,066S$1,971 psf
Sept 2022S$3,150,0002,573S$1,224 psf
Dec 2021S$1,915,0001,076S$1,779 psf
Nov 2021S$1,910,0001,076S$1,774 psf
Oct 2021S$1,260,000764S$1,649 psf
Jul 2021S$1,450,000764S$1,897 psf
Jul 2021S$1,910,0001,066S$1,792 psf
Jun 2021S$1,840,0001,066S$1,727 psf

127 sales and 257 rentals on record since Jul 2005. Source: URA.

4

Are prices at Iridium rising?

Key Takeaway

The median transacted PSF at Iridium has risen 28% over the past 12 years (20112023), from S$1,539 psf to S$1,971 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,971 psfS$2.10M2+14.1%
2021S$1,727 psfS$1.84M8+11.6%
2019S$1,548 psfS$1.57M3-1.2%
2018S$1,567 psfS$1.66M5+23.0%
2017S$1,274 psfS$1.51M3-3.4%
2015S$1,319 psfS$1.42M2-8.1%
2014S$1,436 psfS$1.61M2-15.0%
2013S$1,689 psfS$1.80M3+17.1%
2012S$1,442 psfS$1.53M8-6.3%
2011S$1,539 psfS$1.36M5

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 Iridium?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Iridium 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 11across 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 Iridium?

Key Takeaway

Iridium has 5 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom5S$2.18M–S$2.40MS$2,026 psf
7

Where is Iridium and what's nearby?

Key Takeaway

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

Iridium is a freehold apartment completed in 2009. It was developed by NOVELTY PROPERTIES PTE LTD. The development has 45 residential units. It sits on a land area of 1,401 sqm and has a gross floor area of 3,923 sqm. The plot ratio is 2.8.

IRIDIUM is located at 11 Lincoln Road, Singapore 308349. 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 561m away, around 9 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 Thomson Rd Pg for greenery and recreation. Facilities in the development include Basement car park, Children's Playground, Gymnasium room, Jacuzzi, Roof Terrace, and Swimming pool.

8

Who built Iridium and how big is the development?

Key Takeaway

Iridium was developed by NOVELTY PROPERTIES PTE LTD, with 45 units.

Developer
NOVELTY PROPERTIES PTE LTD
Blocks
1
Land area
1,401 sqm (15,080 sqft)
Gross floor area
3,923 sqm (42,227 sqft)
Plot ratio
2.80
9

How far is Iridium from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Iridium is Newton MRT, about 561 m away (~9 min walk). 5 schools are within 1 km, including 4 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 priority440 m
  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority669 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority860 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km912 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority955 m
  • St. Margaret's School (Primary)Primary school1.3 km
  • Catholic Junior CollegeJunior college1.3 km
  • Northlight SchoolSecondary school1.5 km

Shops, food & parks

Mall: United Square · 254 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 254 mHawker centre: Newton Food Centre · 494 mPark: Thomson Rd Pg · 174 m

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

10

What facilities does Iridium have?

Key Takeaway

Iridium has 7 facilities, including Basement car park, Children's Playground, Gymnasium room, Jacuzzi, and more.

Basement car parkChildren's PlaygroundGymnasium roomJacuzziRoof TerraceSwimming poolWading pool
11

What does it cost to own a unit at Iridium?

Key Takeaway

Buying a unit at Iridium (~S$1.92M) needs about S$14,018/mo in income and S$6,449/mo in repayments, after S$65,350 stamp duty and a S$479k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.92M) 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$65,350

BSD, tiered

Downpayment (25%)

S$479k

cash + CPF

Monthly instalment

S$6,449/mo

30y @ 3.5%

Income required

S$14,018/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 Iridium? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Iridium

How much does a unit at Iridium cost?

Units at Iridium have recently transacted around S$1.92M (S$1,792 psf), from 127 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$1.92M as a first home, you'd need roughly S$14,018/mo in income (assessed at the stress-test rate), with repayments near S$6,449/mo after a S$479k (25%) downpayment and S$65,350 Buyer's Stamp Duty.

Is Iridium a good investment?

Gross rental yield is about 2.5%, and current asking prices sit about 13% above the most recent transacted PSF; median PSF has risen about 28% since 2011. 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 Iridium going up?

The median transacted PSF at Iridium has risen about 28% between 2011 and 2023, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Iridium freehold or leasehold?

Iridium is freehold — ownership does not expire.

When was Iridium built and who developed it?

Iridium obtained TOP in 2009, developed by NOVELTY PROPERTIES PTE LTD, with 45 units across 1 block.

How many units are for sale at Iridium?

There are 5 units for sale at Iridium, from S$2.18M to S$2.40M.

What is the nearest MRT to Iridium?

The nearest MRT/LRT station to Iridium is Newton MRT, about 561 m away (~9 min walk).

Which primary schools are within 1 km of Iridium?

St. Joseph's Institution Junior, Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), Farrer Park Primary School are within 1 km of Iridium — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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