FreeholdCCRDistrict 11 (Novena)

Neu At Novena

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2025 (URA)
Quick Summary

Neu At Novena is a freehold apartment in District 11 (Novena) that obtained TOP in 2024, with 87 units across 1 block. Across 91 transactions on record, units have recently transacted around S$1.95M (S$2,641 psf, ~657 sqft). There are 10 units for sale from S$1.49M to S$2.00M.

1

What are the key facts about Neu at Novena?

Key Takeaway

Neu At Novena is a freehold apartment in District 11 (Novena) that obtained TOP in 2024, with 87 units across 1 block.

Tenure
Freehold
TOP / Completion
2024
Developer
RH NOVENA PTE LTD
Total units
87
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$2,641 psf
Last transacted
Oct 2025
Remaining lease
Freehold
2

What is the price and PSF at Neu at Novena?

Key Takeaway

Units have recently transacted around S$1.95M (S$2,641 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.95M

recent · 91 sales on record

Median PSF

S$2,641 psf

recent transactions

Median rent (monthly)

S$4,361

64 rentals on record

Gross rental yield

2.7%

indicative, gross

Source: URA caveat data, through Oct 2025.

3

What has recently sold at Neu at Novena?

Key Takeaway

Neu at Novena has 91 recorded sales; the most recent transacted at S$1,865,000 in Oct 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2025S$1,865,000657S$2,840 psf
Aug 2025S$1,494,888549S$2,723 psf
Mar 2025S$3,550,0001,302S$2,726 psf
Sept 2023S$3,333,1201,302S$2,559 psf
Sept 2023S$1,450,000549S$2,641 psf
Jul 2023S$3,080,0001,195S$2,578 psf
May 2023S$3,385,2001,302S$2,599 psf
May 2023S$3,360,0001,302S$2,580 psf
May 2023S$3,048,0001,195S$2,551 psf
Mar 2023S$1,788,363646S$2,769 psf
Jan 2023S$1,950,000657S$2,970 psf
Aug 2022S$1,750,000646S$2,710 psf

91 sales and 64 rentals on record since Oct 2019. Source: URA.

4

Are prices at Neu at Novena rising?

Key Takeaway

The median transacted PSF at Neu at Novena has risen 5% over the past 6 years (20192025), from S$2,594 psf to S$2,726 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$2,726 psfS$1.86M3+5.7%
2023S$2,580 psfS$3.05M8-3.6%
2022S$2,677 psfS$1.76M4+8.0%
2021S$2,479 psfS$2.15M8-6.5%
2020S$2,650 psfS$2.15M13+2.2%
2019S$2,594 psfS$1.69M55

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 Neu at Novena?

Key Takeaway

5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Neu at Novena 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.

6

What bedroom types are available at Neu at Novena?

Key Takeaway

Neu at Novena has 10 units listed for sale, spanning 2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom10S$1.49M–S$2.00M
7

Where is Neu at Novena and what's nearby?

Key Takeaway

Neu at Novena is located in Novena, in the Central Region of Singapore.

Neu At Novena is a freehold apartment completed in 2024. It was developed by RH NOVENA PTE LTD. The development has 87 residential units. It sits on a land area of 2,020 sqm and has a gross floor area of 5,656 sqm. The plot ratio is 2.8.

NEU AT NOVENA is located at 27 Moulmein Rise, Singapore 308140. 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 Novena MRT, approximately 256m away, around 4 minutes on foot. Nearby amenities include Square 2 for shopping, L M MEAT PTE. LTD for groceries, Pek Kio Market & Food Centre for food options, and Thomson Rd Pg for greenery and recreation. Facilities in the development include 24 hours security.

8

Who built Neu at Novena and how big is the development?

Key Takeaway

Neu at Novena was developed by RH NOVENA PTE LTD, with 87 units over up to 17 storeys.

Developer
RH NOVENA PTE LTD
Floors
17 storeys
Blocks
1
Land area
2,020 sqm (21,743 sqft)
Gross floor area
5,656 sqm (60,881 sqft)
Plot ratio
2.80
9

How far is Neu at Novena from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Neu at Novena is Novena MRT, about 256 m away (~4 min walk). 2 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority215 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority967 m
  • Northlight SchoolSecondary school1.1 km
  • Anglo-Chinese School (Barker Road)Secondary school1.1 km
  • Anglo-Chinese School (Primary)Primary school1.2 km
  • Anglo-Chinese School (Junior)Primary school1.3 km
  • Hong Wen SchoolPrimary school1.3 km
  • Catholic Junior CollegeJunior college1.3 km

Shops, food & parks

Mall: Square 2 · 235 mSupermarket: NTUC Fairprice Co-operative Ltd · 235 mHawker centre: Pek Kio Market & Food Centre · 612 mPark: Thomson Rd Pg · 452 m

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

10

What facilities does Neu at Novena have?

Key Takeaway

Neu at Novena has 1 facility, including 24 hours security.

24 hours security
11

What does it cost to own a unit at Neu at Novena?

Key Takeaway

Buying a unit at Neu at Novena (~S$1.95M) needs about S$14,275/mo in income and S$6,567/mo in repayments, after S$67,100 stamp duty and a S$488k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.95M) 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$67,100

BSD, tiered

Downpayment (25%)

S$488k

cash + CPF

Monthly instalment

S$6,567/mo

30y @ 3.5%

Income required

S$14,275/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 Neu at Novena? Ask before you commit.

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

PropKaki
Is Neu at Novena a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Neu at Novena

How much does a unit at Neu at Novena cost?

Units at Neu at Novena have recently transacted around S$1.95M (S$2,641 psf), from 91 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Neu at Novena?

For a unit around S$1.95M as a first home, you'd need roughly S$14,275/mo in income (assessed at the stress-test rate), with repayments near S$6,567/mo after a S$488k (25%) downpayment and S$67,100 Buyer's Stamp Duty.

Is Neu at Novena a good investment?

Gross rental yield is about 2.7%; median PSF has risen about 5% since 2019. 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 Neu at Novena going up?

The median transacted PSF at Neu at Novena has risen about 5% between 2019 and 2025, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Neu at Novena freehold or leasehold?

Neu at Novena is freehold — ownership does not expire.

When was Neu at Novena built and who developed it?

Neu at Novena obtained TOP in 2024, developed by RH NOVENA PTE LTD, with 87 units across 1 block.

How many units are for sale at Neu at Novena?

There are 10 units for sale at Neu at Novena, from S$1.49M to S$2.00M.

What is the nearest MRT to Neu at Novena?

The nearest MRT/LRT station to Neu at Novena is Novena MRT, about 256 m away (~4 min walk).

Which primary schools are within 1 km of Neu at Novena?

St. Joseph's Institution Junior, Farrer Park Primary School are within 1 km of Neu at Novena — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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