FreeholdCCRDistrict 11 (Novena)

Neu At Novena

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2026 (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 92 transactions on record, units have recently transacted around S$2.39M (S$2,641 psf, ~818 sqft). There are 25 units for sale from S$1.49M to S$3.78M.

Key facts about Neu At Novena
TenureFreehold
TOP year2024
DeveloperRH NOVENA PTE LTD
Units87 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNovena MRT, 256 m (~4 min walk)
Latest median psfS$2,641 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Neu at Novena?

Key Takeaway

Neu at Novena has 25 units listed for sale, asking S$1.49M to S$3.78M, and 3 units for rent at a median of S$4,600 a month.

For sale

25 listings

S$1.49M – S$3.78M

For rent

3 listings

S$4,600 – S$5,800 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom22S$1.49M–S$2.00M
3-bedroom2S$2.46M–S$2.59M
4-bedroom1S$3.78M–S$3.78M

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

2

What are the floor plans and unit sizes at Neu at Novena?

Key Takeaway

Floor plans for Neu at Novena aren't in PropKaki's library yet. Across 92 URA caveats, units range from 549 sqft to 1,302 sqft, and the middle half are 570 sqft to 818 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom547 sqft to 657 sqftS$1.49M
3-bedroom818 sqftS$2.46M
4-bedroom1,302 sqftS$3.78M

Check the Floor Plan Finder for Neu at Novena →

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

3

What is the price and PSF at Neu at Novena?

Key Takeaway

Units have recently transacted around S$2.39M (S$2,641 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$2.39M

recent · 92 sales on record

Median PSF

S$2,641 psf

recent transactions

Median rent (monthly)

S$4,389

69 rentals on record

Gross rental yield

2.2%

indicative, gross

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Neu at Novena?

Key Takeaway

Neu at Novena has 92 recorded sales; the most recent transacted at S$2,390,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$2,390,000818S$2,922 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

92 sales and 69 rentals on record since Oct 2019. Source: URA.

5

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.

6

Is Neu at Novena a good investment?

Key Takeaway

Neu at Novena has only 5 resales on record, too few to judge on its own. Across District 11, 85% of 10,695 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 24% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.

District 11 sold for more

85%

of 10,695 private resales

Median gain

24%

gross, before costs

Median hold

5.8 years

bought to resold

Neu at Novena has fewer than 10 matched resales, so the figures are for District 11 as a whole. Check the odds for your unit size and holding period →

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

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.

9

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
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$2.39M) needs about S$17,496/mo in income and S$8,049/mo in repayments, after S$89,100 stamp duty and a S$598k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.39M) 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$89,100

BSD, tiered

Downpayment (25%)

S$598k

cash + CPF

Monthly instalment

S$8,049/mo

30y @ 3.5%

Income required

S$17,496/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Neu at Novena?

Key Takeaway

5,863 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

5,863

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 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…
13

Frequently asked questions about Neu at Novena

Is Neu at Novena freehold?

Yes. Neu at Novena is freehold, so ownership does not run out.

How old is Neu at Novena?

Neu at Novena was completed (obtained TOP) in 2024, so it is about 2 years old.

Is Neu at Novena a good investment?

Neu at Novena has only 5 resales on record, too few to judge on its own. Across District 11, 85% of 10,695 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 24% over a median 5.8-year hold (URA caveats, before costs). Its gross rental yield is about 2.2%. Past resale results don't predict future returns, and this is not financial advice.

Is Neu at Novena an EC?

No. Neu at Novena is a private apartment development, not an executive condominium (EC).

Who is the developer of Neu at Novena?

Neu at Novena was developed by RH NOVENA PTE LTD.

What is the price of a condo at Neu at Novena?

Units at Neu at Novena have recently sold for around S$2.39M (S$2,641 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 25 units are listed for sale from S$1.49M to S$3.78M.

Where is Neu at Novena located?

Neu at Novena is at 27 Moulmein Rise, Singapore 308140, in Novena (District 11). The nearest MRT station is Novena MRT, about 256 m away.

How many units are there in Neu at Novena?

Neu at Novena has 87 units in 1 block, up to 17 storeys high.

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

For a unit around S$2.39M as a first home, you'd need roughly S$17,496/mo in income (assessed at the stress-test rate), with repayments near S$8,049/mo after a S$598k (25%) downpayment and S$89,100 Buyer's Stamp Duty.

Are prices at Neu at Novena going up?

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

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 get priority in Primary 1 (P1) registration.