Melrose Court
Melrose Court is a freehold apartment in District 12 (Novena) that obtained TOP in 1996, with 32 units across 1 block. Across 26 transactions on record, units have recently transacted around S$660k (S$530 psf, ~1,302 sqft).
What are the key facts about Melrose Court?
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
What is the price and PSF at Melrose Court?
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.
What has recently sold at Melrose Court?
Melrose Court has 26 recorded sales; the most recent transacted at S$44,000,000 in Aug 2010 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2010 | S$44,000,000 | 38,610 | S$1,140 psf |
| Nov 2009 | S$795,000 | 1,335 | S$596 psf |
| Jun 2007 | S$660,000 | 1,453 | S$454 psf |
| Aug 2003 | S$443,000 | 958 | S$462 psf |
| Feb 2001 | S$520,000 | 958 | S$543 psf |
| Jun 2000 | S$945,000 | 2,260 | S$418 psf |
| Apr 2000 | S$760,000 | 1,302 | S$584 psf |
| Oct 1999 | S$580,000 | 958 | S$605 psf |
| Aug 1999 | S$570,000 | 958 | S$595 psf |
| Jul 1999 | S$708,000 | 1,335 | S$530 psf |
| Jun 1999 | S$695,000 | 1,335 | S$521 psf |
| May 1999 | S$490,000 | 958 | S$511 psf |
26 sales and 53 rentals on record since Oct 1995. Source: URA.
Are prices at Melrose Court rising?
The median transacted PSF at Melrose Court has fallen 35% over the past 5 years (1995–2000), from S$642 psf to S$418 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2000 | S$418 psf | S$760k | 2 | -21.1% |
| 1999 | S$530 psf | S$570k | 6 | -16.8% |
| 1997 | S$637 psf | S$750k | 8 | -3.3% |
| 1996 | S$659 psf | S$738k | 3 | +2.6% |
| 1995 | S$642 psf | S$615k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Melrose Court?
6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Melrose Court 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.
Where is Melrose Court and what's nearby?
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.
Who built Melrose Court and how big is the development?
Melrose Court was developed by MELROSE LAND PTE LTD, with 32 units.
- Developer
- MELROSE LAND PTE LTD
- Blocks
- 1
- Land area
- 2,210 sqm (23,788 sqft)
- Gross floor area
- 6,185 sqm (66,575 sqft)
- Plot ratio
- 2.80
How far is Melrose Court from MRT and schools?
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
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Melrose Court?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Melrose Court? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Melrose Court's own transactions.
PropKakiRecent units at Melrose Court sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Melrose Court
How much does a unit at Melrose Court cost?⌄
Units at Melrose Court have recently transacted around S$660k (S$530 psf), from 26 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Melrose Court?⌄
For a unit around S$660k as a first home, you'd need roughly S$4,831/mo in income (assessed at the stress-test rate), with repayments near S$2,223/mo after a S$165k (25%) downpayment and S$14,400 Buyer's Stamp Duty.
Is Melrose Court a good investment?⌄
Gross rental yield is about 3.0%; median PSF has fallen about 35% 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 Melrose Court going up?⌄
The median transacted PSF at Melrose Court has fallen about 35% between 1995 and 2000, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Melrose Court freehold or leasehold?⌄
Melrose Court is freehold — ownership does not expire.
When was Melrose Court built and who developed it?⌄
Melrose Court obtained TOP in 1996, developed by MELROSE LAND PTE LTD, with 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.