FreeholdCCRDistrict 11 (Novena)

One Akyab

Reviewed by Nathan TangUpdated 11 August 2026Data through Mar 2024 (URA)
Quick Summary

One Akyab is a freehold apartment in District 11 (Novena) that obtained TOP in 1984, with 19 units across 1 block. Across 24 transactions on record, units have recently transacted around S$2.28M (S$990 psf, ~1,830 sqft).

1

What are the key facts about One Akyab?

Key Takeaway

One Akyab is a freehold apartment in District 11 (Novena) that obtained TOP in 1984, with 19 units across 1 block.

Tenure
Freehold
TOP / Completion
1984
Developer
VILEE REALTY PTE LTD
Total units
19
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$990 psf
Last transacted
Mar 2024
Remaining lease
Freehold
2

What is the price and PSF at One Akyab?

Key Takeaway

Units have recently transacted around S$2.28M (S$990 psf), at a gross rental yield of about 1.6% (URA caveat data).

Recent median price

S$2.28M

recent · 24 sales on record

Median PSF

S$990 psf

recent transactions

Median rent (monthly)

S$3,104

75 rentals on record

Gross rental yield

1.6%

indicative, gross

Source: URA caveat data, through Mar 2024.

3

What has recently sold at One Akyab?

Key Takeaway

One Akyab has 24 recorded sales; the most recent transacted at S$2,535,000 in Mar 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Mar 2024S$2,535,0001,830S$1,385 psf
Mar 2022S$2,400,0001,830S$1,312 psf
Oct 2021S$2,308,8881,830S$1,262 psf
Jun 2021S$2,280,0001,830S$1,246 psf
Mar 2017S$1,650,0001,830S$902 psf
Jun 2015S$1,800,0001,830S$984 psf
Mar 2014S$2,800,0002,368S$1,182 psf
Aug 2013S$2,500,0002,368S$1,056 psf
Jan 2013S$2,280,0002,368S$963 psf
May 2011S$1,810,8881,830S$990 psf
May 2011S$2,250,0002,368S$950 psf
Apr 2011S$1,800,0001,830S$984 psf

24 sales and 75 rentals on record since Aug 1995. Source: URA.

4

Are prices at One Akyab rising?

Key Takeaway

The median transacted PSF at One Akyab has risen 134% over the past 26 years (19952021), from S$533 psf to S$1,246 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2021S$1,246 psfS$2.28M2+29.4%
2013S$963 psfS$2.28M2-2.1%
2011S$984 psfS$1.81M3+168.1%
2006S$367 psfS$738k2+3.4%
2005S$355 psfS$840k2-38.2%
1996S$574 psfS$1.05M2+7.7%
1995S$533 psfS$975k2

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 One Akyab?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where One Akyab 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 One Akyab and what's nearby?

Key Takeaway

One Akyab is located in Novena, in the Central Region of Singapore.

One Akyab is a freehold apartment completed in 1984. It was developed by VILEE REALTY PTE LTD. The development has 19 residential units. It sits on a land area of 1,676 sqm and has a gross floor area of 4,693 sqm. The plot ratio is 2.8.

ONE AKYAB is located at 1 Akyab Road, Singapore 309972. 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 496m away, around 8 minutes on foot. Nearby amenities include Square 2 for shopping, L M MEAT PTE. LTD for groceries, Blks 91/92 Whampoa Drive # for food options, and Novena Pk for greenery and recreation. Facilities in the development include 24 hours security and Squash court.

7

Who built One Akyab and how big is the development?

Key Takeaway

One Akyab was developed by VILEE REALTY PTE LTD, with 19 units.

Developer
VILEE REALTY PTE LTD
Blocks
1
Land area
1,676 sqm (18,040 sqft)
Gross floor area
4,693 sqm (50,515 sqft)
Plot ratio
2.80
8

How far is One Akyab from MRT and schools?

Key Takeaway

The nearest MRT/LRT to One Akyab is Novena MRT, about 496 m away (~8 min walk). 2 schools are within 1 km, including 1 primary school.

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 priority597 m
  • Northlight SchoolSecondary schoolwithin 1 km983 m
  • Hong Wen SchoolPrimary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.2 km
  • Chij Primary (Toa Payoh)Primary school1.3 km
  • Anglo-Chinese School (Barker Road)Secondary school1.4 km
  • Catholic Junior CollegeJunior college1.4 km

Shops, food & parks

Mall: Square 2 · 449 mSupermarket: NTUC Fairprice Co-operative Ltd · 449 mHawker centre: Blks 91/92 Whampoa Drive # · 714 mPark: Novena Pk · 543 m

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

9

What facilities does One Akyab have?

Key Takeaway

One Akyab has 2 facilities, including 24 hours security, Squash court.

24 hours securitySquash court
10

What does it cost to own a unit at One Akyab?

Key Takeaway

Buying a unit at One Akyab (~S$2.28M) needs about S$16,690/mo in income and S$7,679/mo in repayments, after S$83,600 stamp duty and a S$570k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.28M) 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$83,600

BSD, tiered

Downpayment (25%)

S$570k

cash + CPF

Monthly instalment

S$7,679/mo

30y @ 3.5%

Income required

S$16,690/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 One Akyab? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about One Akyab

How much does a unit at One Akyab cost?

Units at One Akyab have recently transacted around S$2.28M (S$990 psf), from 24 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at One Akyab?

For a unit around S$2.28M as a first home, you'd need roughly S$16,690/mo in income (assessed at the stress-test rate), with repayments near S$7,679/mo after a S$570k (25%) downpayment and S$83,600 Buyer's Stamp Duty.

Is One Akyab a good investment?

Gross rental yield is about 1.6%; median PSF has risen about 134% since 1995. 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 One Akyab going up?

The median transacted PSF at One Akyab has risen about 134% between 1995 and 2021, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is One Akyab freehold or leasehold?

One Akyab is freehold — ownership does not expire.

When was One Akyab built and who developed it?

One Akyab obtained TOP in 1984, developed by VILEE REALTY PTE LTD, with 19 units across 1 block.

What is the nearest MRT to One Akyab?

The nearest MRT/LRT station to One Akyab is Novena MRT, about 496 m away (~8 min walk).

Which primary schools are within 1 km of One Akyab?

St. Joseph's Institution Junior is within 1 km of One Akyab — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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