FreeholdCCRDistrict 11 (Novena)

Jubilation Apartment

Reviewed by Nathan TangUpdated 24 September 2026Data through Jun 2007 (URA)
Quick Summary

Jubilation Apartment is a freehold apartment in District 11 (Novena) that obtained TOP in 1986, with 102 units across 1 block. Across 6 transactions on record, units have recently transacted around S$618k (S$495 psf, ~1,249 sqft). There are 10 units for sale from S$949k to S$1.68M.

Key facts about Jubilation Apartment
TenureFreehold
TOP year1986
DeveloperMACLY PTE LTD
Units102 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNovena MRT, 530 m (~8 min walk)
Latest median psfS$495 psf, last 6 URA caveats to Jun 2007
1

What's for sale and for rent at Jubilation Apartment?

Key Takeaway

Jubilation Apartment has 10 units listed for sale, asking S$949k to S$1.68M (median S$1,906 psf), and 11 units for rent at a median of S$3,300 a month.

For sale

10 listings

S$949k – S$1.68M

For rent

11 listings

S$950 – S$4,100 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom6S$949k–S$1.50MS$1,906 psf
2-bedroom4S$1.45M–S$1.68MS$1,940 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Jubilation Apartment?

Key Takeaway

Floor plans for Jubilation Apartment aren't in PropKaki's library yet. Across 6 URA caveats, units range from 1,249 sqft to 34,380 sqft, and the middle half are 1,249 sqft to 1,249 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom498 sqft to 721 sqftS$949k · S$1,906 psf
2-bedroom721 sqft to 861 sqftS$1.45M · S$1,940 psf

Check the Floor Plan Finder for Jubilation Apartment →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Jubilation Apartment?

Key Takeaway

Units have recently transacted around S$618k (S$495 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$618k

recent · 6 sales on record

Median PSF

S$495 psf

recent transactions

Median rent (monthly)

S$1,500

51 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,906 psf — about 285% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2007.

4

What has recently sold at Jubilation Apartment?

Key Takeaway

Jubilation Apartment has 6 recorded sales; the most recent transacted at S$34,800,000 in Jun 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2007S$34,800,00034,380S$1,012 psf
Oct 2004S$535,0001,249S$428 psf
Nov 2001S$618,0001,249S$495 psf
Oct 1998S$470,0001,249S$376 psf
Jun 1996S$780,0001,249S$625 psf
Jan 1995S$728,0001,249S$583 psf

6 sales and 51 rentals on record since Jan 1995. Source: URA.

5

Is Jubilation Apartment a good investment?

Key Takeaway

Jubilation Apartment has no resales on record yet, so it has no track record of its own. Across District 11, 85% of 10,695 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 24% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 2.9%. Units listed now ask about 285% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

District 11 sold for more

85%

of 10,695 private resales

Median gain

24%

gross, before costs

Median hold

5.8 years

bought to resold

Jubilation Apartment has fewer than 10 matched resales, so the figures are for District 11 as a whole. Check the odds for your unit size and holding period →

6

Where is Jubilation Apartment and what's nearby?

Key Takeaway

Jubilation Apartment is located in Novena, in the Central Region of Singapore.

Jubilation Apartment is a freehold apartment completed in 1986. It was developed by MACLY PTE LTD. The development has 102 residential units. It sits on a land area of 2,026 sqm and has a gross floor area of 5,673 sqm. The plot ratio is 2.8.

JUBILATION APARTMENT is located at 2 Akyab Road, Singapore 309973. 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 Novena MRT, approximately 530m away, around 8 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 Pk for greenery and recreation.

7

How far is Jubilation Apartment from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Jubilation Apartment is Novena MRT, about 530 m away (~8 min walk). 2 schools are within 1 km, including 1 primary school.

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 priority592 m
  • Northlight SchoolSecondary schoolwithin 1 km919 m
  • Hong Wen SchoolPrimary school1.1 km
  • Farrer Park Primary SchoolPrimary school1.2 km
  • Chij Secondary (Toa Payoh)Secondary school1.2 km
  • Chij Primary (Toa Payoh)Primary school1.3 km
  • Anglo-Chinese School (Barker Road)Secondary school1.4 km
  • Bendemeer Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Square 2 · 485 mSupermarket: NTUC Fairprice Co-operative Ltd · 446 mHawker centre: Blks 91/92 Whampoa Drive # · 664 mPark: Novena Pk · 596 m

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

8

Who built Jubilation Apartment and how big is the development?

Key Takeaway

Jubilation Apartment was developed by MACLY PTE LTD, with 102 units.

Developer
MACLY PTE LTD
Blocks
1
Land area
2,026 sqm (21,808 sqft)
Gross floor area
5,673 sqm (61,064 sqft)
Plot ratio
2.80
9

What does it cost to own a unit at Jubilation Apartment?

Key Takeaway

Buying a unit at Jubilation Apartment (~S$618k) needs about S$4,524/mo in income and S$2,081/mo in repayments, after S$13,140 stamp duty and a S$155k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$618k) 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$13,140

BSD, tiered

Downpayment (25%)

S$155k

cash + CPF

Monthly instalment

S$2,081/mo

30y @ 3.5%

Income required

S$4,524/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around Jubilation Apartment?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Jubilation Apartment 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 11 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Jubilation Apartment? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Jubilation Apartment

Is Jubilation Apartment freehold?

Yes. Jubilation Apartment is freehold, so ownership does not run out.

How old is Jubilation Apartment?

Jubilation Apartment was completed (obtained TOP) in 1986, so it is about 40 years old.

Is Jubilation Apartment a good investment?

Jubilation Apartment has no resales on record yet, so it has no track record of its own. Across District 11, 85% of 10,695 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 24% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 2.9%. Units listed now ask about 285% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Jubilation Apartment an EC?

No. Jubilation Apartment is a private apartment development, not an executive condominium (EC).

Who is the developer of Jubilation Apartment?

Jubilation Apartment was developed by MACLY PTE LTD.

What is the price of a condo at Jubilation Apartment?

Units at Jubilation Apartment have recently sold for around S$618k (S$495 psf), the median of the last 6 URA caveats to Jun 2007. The price depends on size, floor and facing. 10 units are listed for sale from S$949k to S$1.68M.

Where is Jubilation Apartment located?

Jubilation Apartment is at 2 Akyab Road, Singapore 309973, in Novena (District 11). The nearest MRT station is Novena MRT, about 530 m away.

How many units are there in Jubilation Apartment?

Jubilation Apartment has 102 units in 1 block.

How much do I need to earn to buy at Jubilation Apartment?

For a unit around S$618k as a first home, you'd need roughly S$4,524/mo in income (assessed at the stress-test rate), with repayments near S$2,081/mo after a S$155k (25%) downpayment and S$13,140 Buyer's Stamp Duty.

Which primary schools are within 1 km of Jubilation Apartment?

St. Joseph's Institution Junior is within 1 km of Jubilation Apartment. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.