Morimasa Gardens
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 5 units for sale from S$5.55M to S$6.60M.
What are the key facts about Morimasa Gardens?
Morimasa Gardens is a freehold condominium in District 11 (Novena) that obtained TOP in 1993, with 38 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1993
- Developer
- MORIMASA DAIICHI DEVELOPMENT PTE LTD
- Total units
- 38
- Blocks
- 1
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$1,356 psf
- Last transacted
- Nov 2021
- Remaining lease
- Freehold
What is the price and PSF at Morimasa Gardens?
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$5,296
210 rentals on record
Gross rental yield
2.3%
indicative, gross
Units currently for sale are asking a median of S$3,000 psf — about 121% above the most recent transacted PSF.
Source: URA caveat data, through Nov 2021.
What has recently sold at Morimasa Gardens?
Morimasa Gardens has 45 recorded sales; the most recent transacted at S$3,700,000 in Nov 2021 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Nov 2021 | S$3,700,000 | 2,217 | S$1,669 psf |
| Oct 2019 | S$3,310,000 | 2,131 | S$1,553 psf |
| Sept 2019 | S$2,900,000 | 1,873 | S$1,548 psf |
| Jul 2019 | S$3,200,000 | 2,217 | S$1,443 psf |
| Oct 2016 | S$2,800,000 | 2,131 | S$1,314 psf |
| Feb 2014 | S$2,398,000 | 1,679 | S$1,428 psf |
| Dec 2013 | S$2,820,000 | 2,131 | S$1,323 psf |
| Nov 2011 | S$2,575,375 | 1,873 | S$1,375 psf |
| Mar 2011 | S$2,540,000 | 1,873 | S$1,356 psf |
| Feb 2011 | S$2,380,000 | 1,862 | S$1,278 psf |
| Dec 2010 | S$2,100,000 | 1,679 | S$1,251 psf |
| Apr 2010 | S$2,825,000 | 2,217 | S$1,274 psf |
45 sales and 210 rentals on record since Jan 1995. Source: URA.
Are prices at Morimasa Gardens rising?
The median transacted PSF at Morimasa Gardens has risen 73% over the past 19 years (2000–2019), from S$893 psf to S$1,548 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2019 | S$1,548 psf | S$3.20M | 3 | +14.2% |
| 2011 | S$1,356 psf | S$2.54M | 3 | +8.4% |
| 2010 | S$1,251 psf | S$2.10M | 2 | +25.4% |
| 2009 | S$998 psf | S$2.03M | 4 | +6.9% |
| 2008 | S$934 psf | S$1.75M | 2 | +47.6% |
| 2006 | S$633 psf | S$1.35M | 2 | +11.8% |
| 2005 | S$566 psf | S$1.06M | 2 | -1.6% |
| 2004 | S$575 psf | S$1.11M | 5 | -9.2% |
| 2001 | S$633 psf | S$1.35M | 2 | -29.1% |
| 2000 | S$893 psf | S$1.90M | 5 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Morimasa Gardens?
5,862 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
5,862
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.
What bedroom types are available at Morimasa Gardens?
Morimasa Gardens has 5 units listed for sale, spanning 3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 5 | S$5.55M–S$6.60M | S$3,000 psf |
Where is Morimasa Gardens and what's nearby?
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.
Who built Morimasa Gardens and how big is the development?
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
How far is Morimasa Gardens from MRT and schools?
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
- Newton MRT252 m · ~4 min
- Novena MRT758 m · ~12 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Morimasa Gardens have?
Morimasa Gardens has 7 facilities, including Barbeque Area, Basement car park, Gymnasium room, Sauna, and more.
What does it cost to own a unit at Morimasa Gardens?
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
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 Morimasa Gardens? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Morimasa Gardens's own transactions.
PropKakiRecent units at Morimasa Gardens sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Morimasa Gardens
How much does a unit at Morimasa Gardens cost?⌄
Units at Morimasa Gardens have recently transacted around S$2.80M (S$1,356 psf), from 45 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Morimasa Gardens a good investment?⌄
Gross rental yield is about 2.3%, and current asking prices sit about 121% above the most recent transacted PSF; median PSF has risen about 73% since 2000. 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 Morimasa Gardens going up?⌄
The median transacted PSF at Morimasa Gardens has risen about 73% between 2000 and 2019, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Morimasa Gardens freehold or leasehold?⌄
Morimasa Gardens is freehold — ownership does not expire.
When was Morimasa Gardens built and who developed it?⌄
Morimasa Gardens obtained TOP in 1993, developed by MORIMASA DAIICHI DEVELOPMENT PTE LTD, with 38 units across 1 block.
How many units are for sale at Morimasa Gardens?⌄
There are 5 units for sale at Morimasa Gardens, from S$5.55M to S$6.60M.
What is the nearest MRT to Morimasa Gardens?⌄
The nearest MRT/LRT station to Morimasa Gardens is Newton MRT, about 252 m away (~4 min walk).
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 qualify for Primary 1 (P1) registration priority.