PropKaki
FreeholdRCRDistrict 12 (Novena)

Melrose Court

Reviewed by Nathan TangUpdated 20 June 2026Data through Aug 2010 (URA)
Quick Summary

Melrose Court is a freehold apartment in District 12 (Novena) that obtained TOP in 1996, with 32 units across 1 block. Units have recently transacted around S$660k (S$530 psf), from 26 sales on record.

1

What are the key facts about Melrose Court?

Key Takeaway

Melrose Court is a freehold apartment in District 12 (Novena) that obtained TOP in 1996, with 32 units across 1 block.

Tenure
Freehold
TOP / Completion
1996
Developer
MELROSE LAND PTE LTD
Total units
32
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$530 psf
Last transacted
Aug 2010
Remaining lease
Freehold
2

What is the price and PSF at Melrose Court?

Key Takeaway

Units have recently transacted around S$660k (S$530 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$660k

recent · 26 sales on record

Median PSF

S$530 psf

recent transactions

Median rent (monthly)

S$1,650

53 rentals on record

Gross rental yield

3.0%

indicative, gross

Source: URA caveat data, through Aug 2010.

3

What has recently sold at Melrose Court?

Key Takeaway

Melrose Court has 26 recorded sales; the most recent transacted at S$44,000,000 in Aug 2010 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2010S$44,000,00038,610S$1,140 psf
Nov 2009S$795,0001,335S$596 psf
Jun 2007S$660,0001,453S$454 psf
Aug 2003S$443,000958S$462 psf
Feb 2001S$520,000958S$543 psf
Jun 2000S$945,0002,260S$418 psf
Apr 2000S$760,0001,302S$584 psf
Oct 1999S$580,000958S$605 psf
Aug 1999S$570,000958S$595 psf
Jul 1999S$708,0001,335S$530 psf
Jun 1999S$695,0001,335S$521 psf
May 1999S$490,000958S$511 psf

26 sales and 53 rentals on record since Oct 1995. Source: URA.

4

Where is Melrose Court and what's nearby?

Key Takeaway

Melrose Court is located in Novena, in the Central Region of Singapore.

Melrose Court is a freehold apartment completed in 1996. It was developed by MELROSE LAND PTE LTD. The development has 32 residential units. It sits on a land area of 2,210 sqm and has a gross floor area of 6,185 sqm. The plot ratio is 2.8.

MELROSE COURT is located at 10 Lorong Limau, Singapore 328754. 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 Boon Keng MRT Exit A, approximately 973m away, around 15 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 Toa Payoh Town Pk for greenery and recreation.

5

How far is Melrose Court from MRT and schools?

Key Takeaway

3 schools are within 1 km, including 1 primary school.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority511 m
  • Northlight SchoolSecondary schoolwithin 1 km632 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km784 m
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Bendemeer Primary SchoolPrimary school1.3 km
  • Farrer Park Primary SchoolPrimary school1.4 km
  • St Andrew's Junior CollegeJunior college1.4 km
  • Pei Chun Public SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 1.2 kmSupermarket: NTUC Fairprice Co-operative Ltd · 209 mHawker centre: Blks 91/92 Whampoa Drive # · 118 mPark: Toa Payoh Town Pk · 948 m

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

6

What does it cost to own a unit at Melrose Court?

Key Takeaway

Buying a unit at Melrose Court (~S$660k) needs about S$4,831/mo in income and S$2,223/mo in repayments, after S$14,400 stamp duty and a S$165k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$660k) 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$14,400

BSD, tiered

Downpayment (25%)

S$165k

cash + CPF

Monthly instalment

S$2,223/mo

30y @ 3.5%

Income required

S$4,831/mo

TDSR @ stress rate

7

Frequently asked questions about Melrose Court

What is the price at Melrose Court?

Units at Melrose Court have recently transacted around S$660k (S$530 psf), from 26 sales on record (URA caveat data).

Is Melrose Court freehold or leasehold?

Melrose Court is freehold.

When was Melrose Court built?

Melrose Court obtained TOP in 1996, developed by MELROSE LAND PTE LTD.

What is the rental yield at Melrose Court?

Gross rental yield at Melrose Court is about 3.0%, based on median current rents and prices.

How many units are in Melrose Court?

Melrose Court has 32 units across 1 block.

Which primary schools are within 1 km of Melrose Court?

Hong Wen School is within 1 km of Melrose Court — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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