FreeholdRCRDistrict 12 (Novena)

Lock Cho Apartment

Reviewed by Nathan TangUpdated 10 August 2026Data through Mar 2006 (URA)
Quick Summary

Lock Cho Apartment is a freehold apartment in District 12 (Novena). Across 42 transactions on record, units have recently transacted around S$510k (S$358 psf, ~1,485 sqft).

1

What are the key facts about Lock Cho Apartment?

Key Takeaway

Lock Cho Apartment is a freehold apartment in District 12 (Novena).

Tenure
Freehold
TOP / Completion
Developer
Total units
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$358 psf
Last transacted
Mar 2006
Remaining lease
Freehold
2

What is the price and PSF at Lock Cho Apartment?

Key Takeaway

Units have recently transacted around S$510k (S$358 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$510k

recent · 42 sales on record

Median PSF

S$358 psf

recent transactions

Median rent (monthly)

S$1,296

124 rentals on record

Gross rental yield

3.0%

indicative, gross

Source: URA caveat data, through Mar 2006.

3

What has recently sold at Lock Cho Apartment?

Key Takeaway

Lock Cho Apartment has 42 recorded sales; the most recent transacted at S$156,300,000 in Mar 2006 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2006S$156,300,000253,664S$616 psf
Mar 2005S$445,0001,485S$300 psf
Jun 2004S$400,0001,410S$284 psf
Oct 2003S$510,0001,485S$343 psf
Nov 2002S$505,0001,410S$358 psf
Oct 2002S$575,0001,485S$387 psf
Jul 2002S$465,0001,485S$313 psf
Jun 2002S$510,0001,485S$343 psf
May 2002S$560,0001,485S$377 psf
Jul 2001S$600,0001,410S$426 psf
Jul 2001S$585,0001,485S$394 psf
Mar 2001S$620,0001,485S$417 psf

42 sales and 124 rentals on record since Apr 1995. Source: URA.

4

Are prices at Lock Cho Apartment rising?

Key Takeaway

The median transacted PSF at Lock Cho Apartment has fallen 17% over the past 7 years (19952002), from S$431 psf to S$358 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2002S$358 psfS$510k5-14.1%
2001S$417 psfS$600k3-1.7%
2000S$424 psfS$630k5+21.1%
1999S$350 psfS$520k5-11.4%
1998S$395 psfS$587k5-21.0%
1997S$500 psfS$743k3-1.0%
1996S$505 psfS$750k5+17.2%
1995S$431 psfS$640k7

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 Lock Cho Apartment?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Lock Cho Apartment 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

Where is Lock Cho Apartment and what's nearby?

Key Takeaway

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

Lock Cho Apartment is a freehold apartment.

LOCK CHO APARTMENT is located at 49 Jalan Raja Udang, Singapore 329210. 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 772m away, around 12 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Novena Rise Pk for greenery and recreation.

7

How far is Lock Cho Apartment from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Lock Cho Apartment is Toa Payoh MRT, about 772 m away (~12 min walk). 3 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.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km513 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority539 m
  • Catholic Junior CollegeJunior collegewithin 1 km900 m
  • Kheng Cheng SchoolPrimary school1.2 km
  • Anglo-Chinese School (Barker Road)Secondary school1.2 km
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Anglo-Chinese School (Primary)Primary school1.3 km
  • Marymount Convent SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 828 mSupermarket: NTUC Fairprice Co-operative Ltd · 468 mPark: Novena Rise Pk · 371 m

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

8

What does it cost to own a unit at Lock Cho Apartment?

Key Takeaway

Buying a unit at Lock Cho Apartment (~S$510k) needs about S$3,733/mo in income and S$1,718/mo in repayments, after S$9,900 stamp duty and a S$128k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$510k) 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$9,900

BSD, tiered

Downpayment (25%)

S$128k

cash + CPF

Monthly instalment

S$1,718/mo

30y @ 3.5%

Income required

S$3,733/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 Lock Cho Apartment? Ask before you commit.

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

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

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

Ask anything about Singapore property…
9

Frequently asked questions about Lock Cho Apartment

How much does a unit at Lock Cho Apartment cost?

Units at Lock Cho Apartment have recently transacted around S$510k (S$358 psf), from 42 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Lock Cho Apartment?

For a unit around S$510k as a first home, you'd need roughly S$3,733/mo in income (assessed at the stress-test rate), with repayments near S$1,718/mo after a S$128k (25%) downpayment and S$9,900 Buyer's Stamp Duty.

Is Lock Cho Apartment a good investment?

Gross rental yield is about 3.0%; median PSF has fallen about 17% since 1995. 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 Lock Cho Apartment going up?

The median transacted PSF at Lock Cho Apartment has fallen about 17% between 1995 and 2002, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Lock Cho Apartment freehold or leasehold?

Lock Cho Apartment is freehold — ownership does not expire.

What is the nearest MRT to Lock Cho Apartment?

The nearest MRT/LRT station to Lock Cho Apartment is Toa Payoh MRT, about 772 m away (~12 min walk).

Which primary schools are within 1 km of Lock Cho Apartment?

Chij Primary (Toa Payoh) is within 1 km of Lock Cho Apartment — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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