FreeholdCCRDistrict 11 (Novena)

Novena Lodge

Reviewed by Nathan TangUpdated 24 September 2026Data through Jan 2026 (URA)
Quick Summary

Novena Lodge is a freehold condominium in District 11 (Novena) that obtained TOP in 1999, with 66 units across 1 block. Across 122 transactions on record, units have recently transacted around S$1.32M (S$1,595 psf, ~936 sqft). There are 3 units for sale from S$1.88M to S$50.00M.

Key facts about Novena Lodge
TenureFreehold
TOP year1999
DeveloperNOVENA DEVELOPMENT PTE LTD
Units66 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNovena MRT, 459 m (~7 min walk)
Latest median psfS$1,595 psf, last 12 URA caveats to Jan 2026
1

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

Key Takeaway

Novena Lodge has 3 units listed for sale, asking S$1.88M to S$50.00M, and 7 units for rent at a median of S$1,280 a month.

For sale

3 listings

S$1.88M – S$50.00M

For rent

7 listings

S$1,090 – S$4,600 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom1S$1.88M–S$1.88M
10-bedroom2S$48.00M–S$50.00M

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

2

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

Key Takeaway

Floor plans for Novena Lodge aren't in PropKaki's library yet. Across 122 URA caveats, units range from 592 sqft to 1,033 sqft, and the middle half are 840 sqft to 969 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom947 sqftS$1.88M
10-bedroom15,000 sqft to 25,000 sqftS$48.00M

Check the Floor Plan Finder for Novena Lodge →

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

3

What is the price and PSF at Novena Lodge?

Key Takeaway

Units have recently transacted around S$1.32M (S$1,595 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$1.32M

recent · 122 sales on record

Median PSF

S$1,595 psf

recent transactions

Median rent (monthly)

S$2,666

676 rentals on record

Gross rental yield

2.4%

indicative, gross

Source: URA caveat data, through Jan 2026.

4

What has recently sold at Novena Lodge?

Key Takeaway

Novena Lodge has 122 recorded sales; the most recent transacted at S$1,900,000 in Jan 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2026S$1,900,000969S$1,961 psf
Jan 2024S$1,685,000786S$2,144 psf
Sept 2023S$1,680,000936S$1,794 psf
Jun 2023S$1,680,000947S$1,774 psf
May 2022S$1,728,000947S$1,824 psf
Feb 2022S$1,268,888732S$1,734 psf
Feb 2021S$1,050,000700S$1,501 psf
Nov 2019S$1,165,000786S$1,483 psf
Nov 2018S$1,288,000807S$1,595 psf
Oct 2017S$1,320,000969S$1,363 psf
Sept 2016S$1,312,000969S$1,354 psf
Sept 2016S$1,500,000969S$1,548 psf

122 sales and 676 rentals on record since Nov 1995. Source: URA.

5

Are prices at Novena Lodge rising?

Key Takeaway

The median transacted PSF at Novena Lodge has risen 102% over the past 16 years (20072023), from S$878 psf to S$1,774 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,774 psfS$1.68M2+2.3%
2022S$1,734 psfS$1.27M2+28.1%
2016S$1,354 psfS$1.31M2-10.4%
2014S$1,511 psfS$1.37M3+13.6%
2012S$1,330 psfS$942k2+4.9%
2011S$1,268 psfS$928k2+9.2%
2010S$1,161 psfS$1.05M7+12.2%
2009S$1,035 psfS$980k6+8.3%
2008S$956 psfS$988k2+8.9%
2007S$878 psfS$790k7

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Novena Lodge a good investment?

Key Takeaway

Of 56 units at Novena Lodge that were bought and later resold (bought from 1995, resold up to 2026), 64% sold for more than they were bought for, with a median gain of 8% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

64%

of 56 resales here

Median gain

8%

gross, before costs

Median hold

8.8 years

bought to resold

Every unit at Novena Lodge with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Novena Lodge and what's nearby?

Key Takeaway

Novena Lodge is located in Novena, in the Central Region of Singapore.

Novena Lodge is a freehold condominium completed in 1999. It was developed by NOVENA DEVELOPMENT PTE LTD. The development has 66 residential units. It sits on a land area of 4,580 sqm and has a gross floor area of 6,459 sqm. The plot ratio is 1.4.

NOVENA LODGE is located at 2 Jalan Merlimau, Singapore 308729. 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 459m away, around 7 minutes on foot. Nearby amenities include Square 2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Novena Rise Pk for greenery and recreation. Facilities in the development include Barbeque Area, Sauna, and Swimming pool.

8

How far is Novena Lodge from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Novena Lodge is Novena MRT, about 459 m away (~7 min walk). 4 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.

  • Catholic Junior CollegeJunior collegewithin 1 km687 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km741 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority819 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority843 m
  • Chij Secondary (Toa Payoh)Secondary school1.0 km
  • Chij Primary (Toa Payoh)Primary school1.0 km
  • St. Joseph's InstitutionMixed-level school1.4 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 464 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 274 mPark: Novena Rise Pk · 224 m

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

9

Who built Novena Lodge and how big is the development?

Key Takeaway

Novena Lodge was developed by NOVENA DEVELOPMENT PTE LTD, with 66 units over up to 4 storeys.

Developer
NOVENA DEVELOPMENT PTE LTD
Floors
4 storeys
Blocks
1
Land area
4,580 sqm (49,299 sqft)
Gross floor area
6,459 sqm (69,524 sqft)
Plot ratio
1.40
10

What facilities does Novena Lodge have?

Key Takeaway

Novena Lodge has 3 facilities, including Barbeque Area, Sauna, Swimming pool.

Barbeque AreaSaunaSwimming pool
11

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

Key Takeaway

Buying a unit at Novena Lodge (~S$1.32M) needs about S$9,663/mo in income and S$4,446/mo in repayments, after S$37,400 stamp duty and a S$330k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.32M) 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$37,400

BSD, tiered

Downpayment (25%)

S$330k

cash + CPF

Monthly instalment

S$4,446/mo

30y @ 3.5%

Income required

S$9,663/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Novena Lodge?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Novena Lodge 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 Novena Lodge? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Novena Lodge

Is Novena Lodge freehold?

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

How old is Novena Lodge?

Novena Lodge was completed (obtained TOP) in 1999, so it is about 27 years old.

Is Novena Lodge a good investment?

Of 56 units at Novena Lodge that were bought and later resold (bought from 1995, resold up to 2026), 64% sold for more than they were bought for, with a median gain of 8% over a median 8.8-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

Is Novena Lodge an EC?

No. Novena Lodge is a private condominium, not an executive condominium (EC).

Who is the developer of Novena Lodge?

Novena Lodge was developed by NOVENA DEVELOPMENT PTE LTD.

What is the price of a condo at Novena Lodge?

Units at Novena Lodge have recently sold for around S$1.32M (S$1,595 psf), the median of the last 12 URA caveats to Jan 2026. The price depends on size, floor and facing. 3 units are listed for sale from S$1.88M to S$50.00M.

Where is Novena Lodge located?

Novena Lodge is at 2 Jalan Merlimau, Singapore 308729, in Novena (District 11). The nearest MRT station is Novena MRT, about 459 m away.

How many units are there in Novena Lodge?

Novena Lodge has 66 units in 1 block, up to 4 storeys high.

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

For a unit around S$1.32M as a first home, you'd need roughly S$9,663/mo in income (assessed at the stress-test rate), with repayments near S$4,446/mo after a S$330k (25%) downpayment and S$37,400 Buyer's Stamp Duty.

Are prices at Novena Lodge going up?

The median price per square foot at Novena Lodge has risen about 102% between 2007 and 2023, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Novena Lodge?

St. Joseph's Institution Junior, Anglo-Chinese School (Primary) are within 1 km of Novena Lodge. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.