FreeholdCCRDistrict 11 (Novena)

Novena Lodge

Reviewed by Nathan TangUpdated 10 August 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$18.18M.

1

What are the key facts about Novena Lodge?

Key Takeaway

Novena Lodge is a freehold condominium in District 11 (Novena) that obtained TOP in 1999, with 66 units across 1 block.

Tenure
Freehold
TOP / Completion
1999
Developer
NOVENA DEVELOPMENT PTE LTD
Total units
66
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,595 psf
Last transacted
Jan 2026
Remaining lease
Freehold
2

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$2,655

673 rentals on record

Gross rental yield

2.4%

indicative, gross

Source: URA caveat data, through Jan 2026.

3

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 673 rentals on record since Nov 1995. Source: URA.

4

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.

5

How many property agents are active around Novena Lodge?

Key Takeaway

5,862 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

5,862

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.

6

What bedroom types are available at Novena Lodge?

Key Takeaway

Novena Lodge has 3 units listed for sale, spanning 3–10-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom2S$1.88M–S$1.88M
10-bedroom1S$18.18M–S$18.18M
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

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
9

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.

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
12

Frequently asked questions about Novena Lodge

How much does a unit at Novena Lodge cost?

Units at Novena Lodge have recently transacted around S$1.32M (S$1,595 psf), from 122 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Novena Lodge a good investment?

Gross rental yield is about 2.4%; median PSF has risen about 102% since 2007. 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 Novena Lodge going up?

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

Is Novena Lodge freehold or leasehold?

Novena Lodge is freehold — ownership does not expire.

When was Novena Lodge built and who developed it?

Novena Lodge obtained TOP in 1999, developed by NOVENA DEVELOPMENT PTE LTD, with 66 units across 1 block.

How many units are for sale at Novena Lodge?

There are 3 units for sale at Novena Lodge, from S$1.88M to S$18.18M.

What is the nearest MRT to Novena Lodge?

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

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 qualify for Primary 1 (P1) registration priority.

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