FreeholdCCRDistrict 11 (Novena)

Jubilation Apartment

Reviewed by Nathan TangUpdated 10 August 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 4 units for sale from S$949k to S$1.67M.

1

What are the key facts about Jubilation Apartment?

Key Takeaway

Jubilation Apartment is a freehold apartment in District 11 (Novena) that obtained TOP in 1986, with 102 units across 1 block.

Tenure
Freehold
TOP / Completion
1986
Developer
MACLY PTE LTD
Total units
102
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$495 psf
Last transacted
Jun 2007
Remaining lease
Freehold
2

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

Source: URA caveat data, through Jun 2007.

3

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.

4

How many property agents are active around Jubilation Apartment?

Key Takeaway

5,862 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

5,862

District 11 · closed ≥1 deal

Deals on record

30,333

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.

5

What bedroom types are available at Jubilation Apartment?

Key Takeaway

Jubilation Apartment has 4 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$949k–S$949k
2-bedroom3S$1.45M–S$1.67M
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

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
8

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.

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

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 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…
10

Frequently asked questions about Jubilation Apartment

How much does a unit at Jubilation Apartment cost?

Units at Jubilation Apartment have recently transacted around S$618k (S$495 psf), from 6 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Jubilation Apartment a good investment?

Gross rental yield is about 2.9%. 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.

Is Jubilation Apartment freehold or leasehold?

Jubilation Apartment is freehold — ownership does not expire.

When was Jubilation Apartment built and who developed it?

Jubilation Apartment obtained TOP in 1986, developed by MACLY PTE LTD, with 102 units across 1 block.

How many units are for sale at Jubilation Apartment?

There are 4 units for sale at Jubilation Apartment, from S$949k to S$1.67M.

What is the nearest MRT to Jubilation Apartment?

The nearest MRT/LRT station to Jubilation Apartment is Novena MRT, about 530 m away (~8 min walk).

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 qualify for Primary 1 (P1) registration priority.

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