Novelis
Novelis is a freehold apartment in District 11 (Novena) that obtained TOP in 2008, with 24 units across 1 block. Across 38 transactions on record, units have recently transacted around S$980k (S$1,792 psf, ~527 sqft). There are 12 units for sale from S$1.10M to S$1.88M.
| Tenure | Freehold |
|---|---|
| TOP year | 2008 |
| Developer | NOVENA CAPITAL PTE LTD |
| Units | 24 in 1 block |
| District and area | District 11 · Novena · CCR |
| Nearest MRT | Novena MRT, 309 m (~5 min walk) |
| Latest median psf | S$1,792 psf, last 12 URA caveats to Aug 2026 |
What's for sale and for rent at Novelis?
Novelis has 12 units listed for sale, asking S$1.10M to S$1.88M (median S$2,169 psf), and 2 units for rent at a median of S$4,180 a month.
For sale
12 listings
S$1.10M – S$1.88M
For rent
2 listings
S$4,180 – S$4,180 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 1-bedroom | 1 | S$1.15M–S$1.15M | — |
| 2-bedroom | 11 | S$1.10M–S$1.88M | S$2,169 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Novelis?
Floor plans for Novelis aren't in PropKaki's library yet. Across 38 URA caveats, units range from 527 sqft to 15,522 sqft, and the middle half are 527 sqft to 807 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 1-bedroom | 527 sqft | S$1.15M |
| 2-bedroom | 527 sqft to 839 sqft | S$1.10M · S$2,169 psf |
Check the Floor Plan Finder for Novelis →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at Novelis?
Units have recently transacted around S$980k (S$1,792 psf), at a gross rental yield of about 4.1% (URA caveat data).
Recent median price
S$980k
recent · 38 sales on record
Median PSF
S$1,792 psf
recent transactions
Median rent (monthly)
S$3,323
172 rentals on record
Gross rental yield
4.1%
indicative, gross
Units currently for sale are asking a median of S$2,169 psf — about 21% above the most recent transacted PSF.
Source: URA caveat data, through Aug 2026.
What has recently sold at Novelis?
Novelis has 38 recorded sales; the most recent transacted at S$992,000 in Aug 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Aug 2026 | S$992,000 | 527 | S$1,881 psf |
| Jun 2026 | S$990,000 | 527 | S$1,877 psf |
| Mar 2023 | S$958,000 | 527 | S$1,816 psf |
| Feb 2023 | S$1,580,000 | 807 | S$1,957 psf |
| Apr 2022 | S$880,000 | 527 | S$1,668 psf |
| Feb 2022 | S$1,520,000 | 807 | S$1,883 psf |
| Nov 2021 | S$945,000 | 527 | S$1,792 psf |
| Mar 2021 | S$898,000 | 527 | S$1,703 psf |
| Dec 2018 | S$1,300,000 | 840 | S$1,548 psf |
| Jul 2018 | S$812,500 | 527 | S$1,540 psf |
| Sept 2017 | S$980,000 | 527 | S$1,858 psf |
| Sept 2017 | S$1,320,000 | 807 | S$1,635 psf |
38 sales and 172 rentals on record since Jun 2007. Source: URA.
Are prices at Novelis rising?
The median transacted PSF at Novelis has risen 21% over the past 16 years (2010–2026), from S$1,555 psf to S$1,877 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,877 psf | S$990k | 2 | +3.4% |
| 2023 | S$1,816 psf | S$958k | 2 | +8.9% |
| 2022 | S$1,668 psf | S$880k | 2 | -2.1% |
| 2021 | S$1,703 psf | S$898k | 2 | +10.6% |
| 2018 | S$1,540 psf | S$813k | 2 | -1.0% |
| 2017 | S$1,556 psf | S$1.25M | 4 | +0.5% |
| 2016 | S$1,548 psf | S$1.25M | 5 | -9.9% |
| 2013 | S$1,719 psf | S$965k | 2 | +9.9% |
| 2011 | S$1,564 psf | S$865k | 3 | +0.6% |
| 2010 | S$1,555 psf | S$820k | 4 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is Novelis a good investment?
Of 14 units at Novelis that were bought and later resold (bought from 2007, resold up to 2026), 64% sold for more than they were bought for, with a median gain of 4% over a median 6.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.1%. Units listed now ask about 21% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Sold for more than bought
64%
of 14 resales here
Median gain
4%
gross, before costs
Median hold
6.3 years
bought to resold
Every unit at Novelis with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
Where is Novelis and what's nearby?
Novelis is located in Novena, in the Central Region of Singapore.
Novelis is a freehold apartment completed in 2008. It was developed by NOVENA CAPITAL PTE LTD. The development has 24 residential units. It sits on a land area of 801 sqm and has a gross floor area of 2,242 sqm. The plot ratio is 2.8.
NOVELIS is located at 75 Sinaran Drive, Singapore 308322. 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 309m away, around 5 minutes on foot. Nearby amenities include Velocity @ Novena Square for shopping, COLD STORAGE SINGAPORE (1983) 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 Swimming pool.
How far is Novelis from MRT and schools?
The nearest MRT/LRT to Novelis is Novena MRT, about 309 m away (~5 min walk). 2 schools are within 1 km, including 2 primary schools.
Getting around
- Novena MRT309 m · ~5 min
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 priority134 m
- Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority887 m
- Northlight SchoolSecondary school1.1 km
- Anglo-Chinese School (Barker Road)Secondary school1.2 km
- Anglo-Chinese School (Primary)Primary school1.2 km
- Anglo-Chinese School (Junior)Primary school1.2 km
- Hong Wen SchoolPrimary school1.3 km
- Catholic Junior CollegeJunior college1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
Who built Novelis and how big is the development?
Novelis was developed by NOVENA CAPITAL PTE LTD, with 24 units over up to 13 storeys.
- Developer
- NOVENA CAPITAL PTE LTD
- Floors
- 13 storeys
- Blocks
- 1
- Land area
- 801 sqm (8,622 sqft)
- Gross floor area
- 2,242 sqm (24,133 sqft)
- Plot ratio
- 2.80
What facilities does Novelis have?
Novelis has 1 facility, including Swimming pool.
What does it cost to own a unit at Novelis?
Buying a unit at Novelis (~S$980k) needs about S$7,174/mo in income and S$3,300/mo in repayments, after S$24,000 stamp duty and a S$245k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$980k) 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$24,000
BSD, tiered
Downpayment (25%)
S$245k
cash + CPF
Monthly instalment
S$3,300/mo
30y @ 3.5%
Income required
S$7,174/mo
TDSR @ stress rate
How many property agents are active around Novelis?
5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Novelis 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.
Thinking about Novelis? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Novelis's own transactions.
PropKakiRecent units at Novelis sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Novelis
Is Novelis freehold?⌄
Yes. Novelis is freehold, so ownership does not run out.
How old is Novelis?⌄
Novelis was completed (obtained TOP) in 2008, so it is about 18 years old.
Is Novelis a good investment?⌄
Of 14 units at Novelis that were bought and later resold (bought from 2007, resold up to 2026), 64% sold for more than they were bought for, with a median gain of 4% over a median 6.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.1%. Units listed now ask about 21% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Novelis an EC?⌄
No. Novelis is a private apartment development, not an executive condominium (EC).
Who is the developer of Novelis?⌄
Novelis was developed by NOVENA CAPITAL PTE LTD.
What is the price of a condo at Novelis?⌄
Units at Novelis have recently sold for around S$980k (S$1,792 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 12 units are listed for sale from S$1.10M to S$1.88M.
Where is Novelis located?⌄
Novelis is at 75 Sinaran Drive, Singapore 308322, in Novena (District 11). The nearest MRT station is Novena MRT, about 309 m away.
How many units are there in Novelis?⌄
Novelis has 24 units in 1 block, up to 13 storeys high.
How much do I need to earn to buy at Novelis?⌄
For a unit around S$980k as a first home, you'd need roughly S$7,174/mo in income (assessed at the stress-test rate), with repayments near S$3,300/mo after a S$245k (25%) downpayment and S$24,000 Buyer's Stamp Duty.
Are prices at Novelis going up?⌄
The median price per square foot at Novelis has risen about 21% between 2010 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
Which primary schools are within 1 km of Novelis?⌄
St. Joseph's Institution Junior, Farrer Park Primary School are within 1 km of Novelis. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.