FreeholdCCRDistrict 11 (Novena)

Olivio

Reviewed by Nathan TangUpdated 11 August 2026Data through Sept 2006 (URA)
Quick Summary

Olivio is a freehold apartment in District 11 (Novena) that obtained TOP in 2002, with 33 units. Across 98 transactions on record, units have recently transacted around S$818k (S$900 psf, ~936 sqft).

1

What are the key facts about Olivio?

Key Takeaway

Olivio is a freehold apartment in District 11 (Novena) that obtained TOP in 2002, with 33 units.

Tenure
Freehold
TOP / Completion
2002
Developer
HARLEY INVESTMENTS PTE LTD
Total units
33
Blocks
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$900 psf
Last transacted
Sept 2006
Remaining lease
Freehold
2

What is the price and PSF at Olivio?

Key Takeaway

Units have recently transacted around S$818k (S$900 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$818k

recent · 98 sales on record

Median PSF

S$900 psf

recent transactions

Median rent (monthly)

S$2,000

74 rentals on record

Gross rental yield

2.9%

indicative, gross

Source: URA caveat data, through Sept 2006.

3

What has recently sold at Olivio?

Key Takeaway

Olivio has 98 recorded sales; the most recent transacted at S$818,433 in Sept 2006 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2006S$818,433936S$874 psf
Sept 2006S$1,016,7121,130S$900 psf
Sept 2006S$662,592689S$962 psf
Sept 2006S$1,016,7121,130S$900 psf
Sept 2006S$1,016,7121,130S$900 psf
Sept 2006S$1,016,7121,130S$900 psf
Sept 2006S$649,041667S$973 psf
Sept 2006S$818,433936S$874 psf
Sept 2006S$662,592689S$962 psf
Sept 2006S$1,016,7121,130S$900 psf
Sept 2006S$1,233,5341,475S$836 psf
Sept 2006S$649,041667S$973 psf

98 sales and 74 rentals on record since Dec 1999. Source: URA.

4

Are prices at Olivio rising?

Key Takeaway

The median transacted PSF at Olivio has fallen 7% over the past 7 years (19992006), from S$967 psf to S$900 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2006S$900 psfS$818k43+26.6%
2005S$711 psfS$490k7+2.4%
2004S$694 psfS$680k6-0.9%
2003S$700 psfS$655k8-27.6%
1999S$967 psfS$919k33

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 Olivio?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Olivio 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 11across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Olivio and what's nearby?

Key Takeaway

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

Olivio is a freehold apartment completed in 2002. It was developed by HARLEY INVESTMENTS PTE LTD. The development has 33 residential units. It has a gross floor area of 3,600 sqm.

OLIVIO is located at 30 Surrey Road, Singapore 307761. 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 523m away, around 8 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Thomson Rd Pg for greenery and recreation.

7

Who built Olivio and how big is the development?

Key Takeaway

Olivio was developed by HARLEY INVESTMENTS PTE LTD, with 33 units.

Developer
HARLEY INVESTMENTS PTE LTD
Gross floor area
3,600 sqm (38,750 sqft)
8

How far is Olivio from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Olivio is Novena MRT, about 523 m away (~8 min walk). 5 schools are within 1 km, including 4 primary schools.

Getting around

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 priority385 m
  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority751 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority834 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km874 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority979 m
  • Catholic Junior CollegeJunior college1.3 km
  • St. Margaret's School (Primary)Primary school1.4 km
  • Northlight SchoolSecondary school1.5 km

Shops, food & parks

Mall: United Square · 179 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 179 mHawker centre: Newton Food Centre · 560 mPark: Thomson Rd Pg · 122 m

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

9

What does it cost to own a unit at Olivio?

Key Takeaway

Buying a unit at Olivio (~S$818k) needs about S$5,991/mo in income and S$2,756/mo in repayments, after S$19,153 stamp duty and a S$205k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$818k) 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$19,153

BSD, tiered

Downpayment (25%)

S$205k

cash + CPF

Monthly instalment

S$2,756/mo

30y @ 3.5%

Income required

S$5,991/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 Olivio? Ask before you commit.

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

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

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

Ask anything about Singapore property…
10

Frequently asked questions about Olivio

How much does a unit at Olivio cost?

Units at Olivio have recently transacted around S$818k (S$900 psf), from 98 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Olivio?

For a unit around S$818k as a first home, you'd need roughly S$5,991/mo in income (assessed at the stress-test rate), with repayments near S$2,756/mo after a S$205k (25%) downpayment and S$19,153 Buyer's Stamp Duty.

Is Olivio a good investment?

Gross rental yield is about 2.9%; median PSF has fallen about 7% since 1999. 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 Olivio going up?

The median transacted PSF at Olivio has fallen about 7% between 1999 and 2006, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Olivio freehold or leasehold?

Olivio is freehold — ownership does not expire.

When was Olivio built and who developed it?

Olivio obtained TOP in 2002, developed by HARLEY INVESTMENTS PTE LTD, with 33 units.

What is the nearest MRT to Olivio?

The nearest MRT/LRT station to Olivio is Novena MRT, about 523 m away (~8 min walk).

Which primary schools are within 1 km of Olivio?

St. Joseph's Institution Junior, Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), Farrer Park Primary School are within 1 km of Olivio — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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