Novelis
Novelis is a freehold apartment in District 11 (Novena) that obtained TOP in 2008, with 24 units across 1 block. Units have recently transacted around S$980k (S$1,668 psf), from 36 sales on record. There are 9 units for sale from S$1.05M 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$1,668 psf
- Last transacted
- Mar 2023
- Remaining lease
- Freehold
What is the price and PSF at Novelis?
Units have recently transacted around S$980k (S$1,668 psf), at a gross rental yield of about 4.0% (URA caveat data).
Recent median price
S$980k
recent · 36 sales on record
Median PSF
S$1,668 psf
recent transactions
Median rent (monthly)
S$3,244
167 rentals on record
Gross rental yield
4.0%
indicative, gross
Units currently for sale are asking a median of S$2,144 psf — about 29% above the most recent transacted PSF.
Source: URA caveat data, through Mar 2023.
What has recently sold at Novelis?
Novelis has 36 recorded sales; the most recent transacted at S$958,000 in Mar 2023 (URA caveat data).
| Date | Price | Size (sqft) | 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 |
| Feb 2017 | S$1,250,000 | 807 | S$1,548 psf |
36 sales and 167 rentals on record since Jun 2007. Source: URA.
What bedroom types are available at Novelis?
Novelis has 9 units listed for sale, spanning 2–3-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 2-bedroom | 8 | S$1.05M–S$1.88M | S$2,144 psf |
| 3-bedroom | 1 | S$1.75M–S$1.75M | S$2,169 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.
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
Frequently asked questions about Novelis
What is the price at Novelis?⌄
Units at Novelis have recently transacted around S$980k (S$1,668 psf), from 36 sales on record (URA caveat data).
What is the PSF at Novelis?⌄
Units for sale at Novelis are asking a median of about S$2,144 psf.
Is Novelis freehold or leasehold?⌄
Novelis is freehold.
When was Novelis built?⌄
Novelis obtained TOP in 2008, developed by NOVENA CAPITAL PTE LTD.
How many units are for sale at Novelis?⌄
There are 9 units for sale at Novelis, from S$1.05M to S$1.88M.
What is the rental yield at Novelis?⌄
Gross rental yield at Novelis is about 4.0%, based on median current rents and prices.
How many units are in Novelis?⌄
Novelis has 24 units across 1 block.
What facilities does Novelis have?⌄
Novelis has 1 facilities, including Swimming pool.
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.
