Novelis
Novelis is a freehold apartment in District 11 (Novena) that obtained TOP in 2008, with 24 units across 1 block. Across 37 transactions on record, units have recently transacted around S$980k (S$1,703 psf, ~527 sqft). There are 10 units for sale from S$1000k to S$1.88M.
What are the key facts about Novelis?
Novelis is a freehold apartment in District 11 (Novena) that obtained TOP in 2008, with 24 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 2008
- Developer
- NOVENA CAPITAL PTE LTD
- Total units
- 24
- Blocks
- 1
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$1,703 psf
- Last transacted
- Jun 2026
- Remaining lease
- Freehold
What is the price and PSF at Novelis?
Units have recently transacted around S$980k (S$1,703 psf), at a gross rental yield of about 4.0% (URA caveat data).
Recent median price
S$980k
recent · 37 sales on record
Median PSF
S$1,703 psf
recent transactions
Median rent (monthly)
S$3,252
170 rentals on record
Gross rental yield
4.0%
indicative, gross
Units currently for sale are asking a median of S$1,898 psf — about 11% above the most recent transacted PSF.
Source: URA caveat data, through Jun 2026.
What has recently sold at Novelis?
Novelis has 37 recorded sales; the most recent transacted at S$990,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | 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$1,320,000 | 807 | S$1,635 psf |
| Sept 2017 | S$980,000 | 527 | S$1,858 psf |
| Apr 2017 | S$1,256,000 | 807 | S$1,556 psf |
37 sales and 170 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 15 years (2008–2023), from S$1,499 psf to S$1,816 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 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 | +3.7% |
| 2008 | S$1,499 psf | S$791k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Novelis?
5,862 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
5,862
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 Novelis?
Novelis has 10 units listed for sale, spanning 2-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 10 | S$1000k–S$1.88M | S$1,898 psf |
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.
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
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.
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
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 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
How much does a unit at Novelis cost?⌄
Units at Novelis have recently transacted around S$980k (S$1,703 psf), from 37 sales on record (URA caveats). The exact price depends on size, floor and facing.
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.
Is Novelis a good investment?⌄
Gross rental yield is about 4.0%, and current asking prices sit about 11% above the most recent transacted PSF; median PSF has risen about 21% since 2008. 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 Novelis going up?⌄
The median transacted PSF at Novelis has risen about 21% between 2008 and 2023, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Novelis freehold or leasehold?⌄
Novelis is freehold — ownership does not expire.
When was Novelis built and who developed it?⌄
Novelis obtained TOP in 2008, developed by NOVENA CAPITAL PTE LTD, with 24 units across 1 block.
How many units are for sale at Novelis?⌄
There are 10 units for sale at Novelis, from S$1000k to S$1.88M.
What is the nearest MRT to Novelis?⌄
The nearest MRT/LRT station to Novelis is Novena MRT, about 309 m away (~5 min walk).
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 qualify for Primary 1 (P1) registration priority.