FreeholdCCRDistrict 11 (Novena)

Morimasa Gardens

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 2021 (URA)
Quick Summary

Morimasa Gardens is a freehold condominium in District 11 (Novena) that obtained TOP in 1993, with 38 units across 1 block. Across 45 transactions on record, units have recently transacted around S$2.80M (S$1,356 psf, ~1,873 sqft). There are 2 units for sale from S$4.80M to S$5.55M.

Key facts about Morimasa Gardens
TenureFreehold
TOP year1993
DeveloperMORIMASA DAIICHI DEVELOPMENT PTE LTD
Units38 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNewton MRT, 252 m (~4 min walk)
Latest median psfS$1,356 psf, last 12 URA caveats to Nov 2021
1

What's for sale and for rent at Morimasa Gardens?

Key Takeaway

Morimasa Gardens has 2 units listed for sale, asking S$4.80M to S$5.55M, and 0 units for rent.

For sale

2 listings

S$4.80M – S$5.55M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
3-bedroom2S$4.80M–S$5.55M

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

2

What are the floor plans and unit sizes at Morimasa Gardens?

Key Takeaway

Floor plans for Morimasa Gardens aren't in PropKaki's library yet. Across 45 URA caveats, units range from 1,679 sqft to 2,605 sqft, and the middle half are 1,862 sqft to 2,217 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,851 sqft to 2,132 sqftS$4.80M

Check the Floor Plan Finder for Morimasa Gardens →

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

3

What is the price and PSF at Morimasa Gardens?

Key Takeaway

Units have recently transacted around S$2.80M (S$1,356 psf), at a gross rental yield of about 2.3% (URA caveat data).

Recent median price

S$2.80M

recent · 45 sales on record

Median PSF

S$1,356 psf

recent transactions

Median rent (monthly)

S$5,326

212 rentals on record

Gross rental yield

2.3%

indicative, gross

Source: URA caveat data, through Nov 2021.

4

What has recently sold at Morimasa Gardens?

Key Takeaway

Morimasa Gardens has 45 recorded sales; the most recent transacted at S$3,700,000 in Nov 2021 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2021S$3,700,0002,217S$1,669 psf
Oct 2019S$3,310,0002,131S$1,553 psf
Sept 2019S$2,900,0001,873S$1,548 psf
Jul 2019S$3,200,0002,217S$1,443 psf
Oct 2016S$2,800,0002,131S$1,314 psf
Feb 2014S$2,398,0001,679S$1,428 psf
Dec 2013S$2,820,0002,131S$1,323 psf
Nov 2011S$2,575,3751,873S$1,375 psf
Mar 2011S$2,540,0001,873S$1,356 psf
Feb 2011S$2,380,0001,862S$1,278 psf
Dec 2010S$2,100,0001,679S$1,251 psf
Apr 2010S$2,825,0002,217S$1,274 psf

45 sales and 212 rentals on record since Jan 1995. Source: URA.

5

Are prices at Morimasa Gardens rising?

Key Takeaway

The median transacted PSF at Morimasa Gardens has risen 73% over the past 19 years (20002019), from S$893 psf to S$1,548 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2019S$1,548 psfS$3.20M3+14.2%
2011S$1,356 psfS$2.54M3+8.4%
2010S$1,251 psfS$2.10M2+25.4%
2009S$998 psfS$2.03M4+6.9%
2008S$934 psfS$1.75M2+47.6%
2006S$633 psfS$1.35M2+11.8%
2005S$566 psfS$1.06M2-1.6%
2004S$575 psfS$1.11M5-9.2%
2001S$633 psfS$1.35M2-29.1%
2000S$893 psfS$1.90M5

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Morimasa Gardens a good investment?

Key Takeaway

Of 16 units at Morimasa Gardens that were bought and later resold (bought from 1995, resold up to 2021), 69% sold for more than they were bought for, with a median gain of 29% over a median 8.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

69%

of 16 resales here

Median gain

29%

gross, before costs

Median hold

8.4 years

bought to resold

Every unit at Morimasa Gardens with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Morimasa Gardens and what's nearby?

Key Takeaway

Morimasa Gardens is located in Novena, in the Central Region of Singapore.

Morimasa Gardens is a freehold condominium completed in 1993. It was developed by MORIMASA DAIICHI DEVELOPMENT PTE LTD. The development has 38 residential units. It sits on a land area of 5,178 sqm and has a gross floor area of 7,242 sqm. The plot ratio is 1.4.

MORIMASA GARDENS is located at 11 Gilstead Road, Singapore 309065. 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 Newton MRT, approximately 252m away, around 4 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Gentle Dr Pg for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Gymnasium room, Sauna, 24 hours security, and Squash court.

8

How far is Morimasa Gardens from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Morimasa Gardens is Newton MRT, about 252 m away (~4 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority416 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km501 m
  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority794 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority803 m
  • Catholic Junior CollegeJunior college1.0 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.3 km
  • Singapore Chinese Girls' SchoolSecondary school1.3 km
  • St. Joseph's InstitutionMixed-level school1.4 km

Shops, food & parks

Mall: United Square · 573 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 86 mHawker centre: Newton Food Centre · 477 mPark: Gentle Dr Pg · 531 m

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

9

Who built Morimasa Gardens and how big is the development?

Key Takeaway

Morimasa Gardens was developed by MORIMASA DAIICHI DEVELOPMENT PTE LTD, with 38 units over up to 7 storeys.

Developer
MORIMASA DAIICHI DEVELOPMENT PTE LTD
Floors
7 storeys
Blocks
1
Land area
5,178 sqm (55,735 sqft)
Gross floor area
7,242 sqm (77,952 sqft)
Plot ratio
1.40
10

What facilities does Morimasa Gardens have?

Key Takeaway

Morimasa Gardens has 7 facilities, including Barbeque Area, Basement car park, Gymnasium room, Sauna, and more.

Barbeque AreaBasement car parkGymnasium roomSauna24 hours securitySquash courtSwimming pool
11

What does it cost to own a unit at Morimasa Gardens?

Key Takeaway

Buying a unit at Morimasa Gardens (~S$2.80M) needs about S$20,497/mo in income and S$9,430/mo in repayments, after S$109,600 stamp duty and a S$700k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.80M) 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$109,600

BSD, tiered

Downpayment (25%)

S$700k

cash + CPF

Monthly instalment

S$9,430/mo

30y @ 3.5%

Income required

S$20,497/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Morimasa Gardens?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Morimasa Gardens 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 Morimasa Gardens? Ask before you commit.

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

PropKaki
Is Morimasa Gardens a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about Morimasa Gardens

Is Morimasa Gardens freehold?

Yes. Morimasa Gardens is freehold, so ownership does not run out.

How old is Morimasa Gardens?

Morimasa Gardens was completed (obtained TOP) in 1993, so it is about 33 years old.

Is Morimasa Gardens a good investment?

Of 16 units at Morimasa Gardens that were bought and later resold (bought from 1995, resold up to 2021), 69% sold for more than they were bought for, with a median gain of 29% over a median 8.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.3%. Past resale results don't predict future returns, and this is not financial advice.

Is Morimasa Gardens an EC?

No. Morimasa Gardens is a private condominium, not an executive condominium (EC).

Who is the developer of Morimasa Gardens?

Morimasa Gardens was developed by MORIMASA DAIICHI DEVELOPMENT PTE LTD.

What is the price of a condo at Morimasa Gardens?

Units at Morimasa Gardens have recently sold for around S$2.80M (S$1,356 psf), the median of the last 12 URA caveats to Nov 2021. The price depends on size, floor and facing. 2 units are listed for sale from S$4.80M to S$5.55M.

Where is Morimasa Gardens located?

Morimasa Gardens is at 11 Gilstead Road, Singapore 309065, in Novena (District 11). The nearest MRT station is Newton MRT, about 252 m away.

How many units are there in Morimasa Gardens?

Morimasa Gardens has 38 units in 1 block, up to 7 storeys high.

How much do I need to earn to buy at Morimasa Gardens?

For a unit around S$2.80M as a first home, you'd need roughly S$20,497/mo in income (assessed at the stress-test rate), with repayments near S$9,430/mo after a S$700k (25%) downpayment and S$109,600 Buyer's Stamp Duty.

Are prices at Morimasa Gardens going up?

The median price per square foot at Morimasa Gardens has risen about 73% between 2000 and 2019, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Morimasa Gardens?

Anglo-Chinese School (Primary), Anglo-Chinese School (Junior), St. Joseph's Institution Junior are within 1 km of Morimasa Gardens. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.