FreeholdRCRDistrict 12 (Novena)

Prestige Heights

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

Prestige Heights is a freehold apartment in District 12 (Novena) that obtained TOP in 2011, with 154 units across 1 block. Across 293 transactions on record, units have recently transacted around S$690k (S$1,765 psf, ~409 sqft). There are 7 units for sale from S$650k to S$1.53M.

Key facts about Prestige Heights
TenureFreehold
TOP year2011
DeveloperFRAGRANCE LAND PTE LTD
Units154 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 978 m (~15 min walk)
Latest median psfS$1,765 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Prestige Heights?

Key Takeaway

Prestige Heights has 7 units listed for sale, asking S$650k to S$1.53M, and 14 units for rent at a median of S$2,750 a month.

For sale

7 listings

S$650k – S$1.53M

For rent

14 listings

S$2,199 – S$3,200 a month

BedroomsFor saleAsking priceMedian PSF
0-bedroom1S$680k–S$680k
1-bedroom3S$650k–S$1.30M
3-bedroom2S$1.48M–S$1.53M
Unspecified1S$670k–S$670k

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

2

What are the floor plans and unit sizes at Prestige Heights?

Key Takeaway

Floor plans for Prestige Heights aren't in PropKaki's library yet. Across 293 URA caveats, units range from 334 sqft to 1,916 sqft, and the middle half are 334 sqft to 409 sqft.

Unit typeSizes listed for saleAsking from
0-bedroom344 sqftS$680k
1-bedroom334 sqft to 1,119 sqftS$650k
3-bedroom861 sqftS$1.48M

Check the Floor Plan Finder for Prestige Heights →

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

3

What is the price and PSF at Prestige Heights?

Key Takeaway

Units have recently transacted around S$690k (S$1,765 psf), at a gross rental yield of about 4.0% (URA caveat data).

Recent median price

S$690k

recent · 293 sales on record

Median PSF

S$1,765 psf

recent transactions

Median rent (monthly)

S$2,271

1,150 rentals on record

Gross rental yield

4.0%

indicative, gross

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Prestige Heights?

Key Takeaway

Prestige Heights has 293 recorded sales; the most recent transacted at S$680,000 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$680,000409S$1,662 psf
Jun 2026S$674,888388S$1,742 psf
May 2026S$760,000431S$1,765 psf
Apr 2026S$690,000377S$1,832 psf
Jan 2026S$808,000484S$1,668 psf
Jan 2026S$1,038,000581S$1,786 psf
Jul 2025S$760,000431S$1,765 psf
Jul 2025S$728,000409S$1,780 psf
Apr 2025S$680,000377S$1,805 psf
Apr 2025S$660,000344S$1,916 psf
Mar 2025S$658,000344S$1,910 psf
Mar 2025S$988,0001,023S$966 psf

293 sales and 1,150 rentals on record since Sept 2009. Source: URA.

5

Are prices at Prestige Heights rising?

Key Takeaway

The median transacted PSF at Prestige Heights has risen 15% over the past 9 years (20172026), from S$1,510 psf to S$1,742 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,742 psfS$690k6-3.5%
2025S$1,805 psfS$680k9+1.1%
2024S$1,785 psfS$668k9-3.9%
2023S$1,858 psfS$625k9+8.6%
2022S$1,711 psfS$640k7+7.1%
2021S$1,597 psfS$573k15-1.8%
2020S$1,626 psfS$560k5+12.0%
2019S$1,452 psfS$640k7-13.0%
2018S$1,669 psfS$575k11+10.5%
2017S$1,510 psfS$555k14

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

6

Is Prestige Heights a good investment?

Key Takeaway

Of 144 units at Prestige Heights that were bought and later resold (bought from 2009, resold up to 2026), 86% sold for more than they were bought for, with a median gain of 12% over a median 6.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.0%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

86%

of 144 resales here

Median gain

12%

gross, before costs

Median hold

6.2 years

bought to resold

Every unit at Prestige Heights 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 Prestige Heights and what's nearby?

Key Takeaway

Prestige Heights is located in Novena, in the Central Region of Singapore.

Prestige Heights is a freehold apartment completed in 2011. It was developed by FRAGRANCE LAND PTE LTD. The development has 154 residential units. It sits on a land area of 2,427 sqm and has a gross floor area of 6,797 sqm. The plot ratio is 2.8.

PRESTIGE HEIGHTS is located at 348 Balestier Road, Singapore 329778. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Toa Payoh MRT, approximately 978m away, around 15 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Basement car park, Gymnasium room, Jacuzzi, 24 hours security, and Swimming pool.

8

How far is Prestige Heights from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Prestige Heights is Toa Payoh MRT, about 978 m away (~15 min walk). 3 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.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority703 m
  • Northlight SchoolSecondary schoolwithin 1 km787 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km955 m
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.3 km
  • Pei Chun Public SchoolPrimary school1.4 km
  • Chij Primary (Toa Payoh)Primary school1.4 km
  • Farrer Park Primary SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 1.1 kmSupermarket: NTUC Fairprice Co-operative Ltd · 158 mHawker centre: Blks 91/92 Whampoa Drive # · 280 mPark: Toa Payoh Town Pk · 765 m

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

9

Who built Prestige Heights and how big is the development?

Key Takeaway

Prestige Heights was developed by FRAGRANCE LAND PTE LTD, designed by HUAY ARCHITECTS, with 154 units.

Developer
FRAGRANCE LAND PTE LTD
Architect
HUAY ARCHITECTS
Main contractor
F G (77) PTE LTD
Blocks
1
Land area
2,427 sqm (26,124 sqft)
Gross floor area
6,797 sqm (73,162 sqft)
Plot ratio
2.80
10

What facilities does Prestige Heights have?

Key Takeaway

Prestige Heights has 5 facilities, including Basement car park, Gymnasium room, Jacuzzi, 24 hours security, and more.

Basement car parkGymnasium roomJacuzzi24 hours securitySwimming pool
11

What does it cost to own a unit at Prestige Heights?

Key Takeaway

Buying a unit at Prestige Heights (~S$690k) needs about S$5,051/mo in income and S$2,324/mo in repayments, after S$15,300 stamp duty and a S$173k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$690k) 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$15,300

BSD, tiered

Downpayment (25%)

S$173k

cash + CPF

Monthly instalment

S$2,324/mo

30y @ 3.5%

Income required

S$5,051/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Prestige Heights?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Prestige Heights sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 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 Prestige Heights? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Prestige Heights

Is Prestige Heights freehold?

Yes. Prestige Heights is freehold, so ownership does not run out.

How old is Prestige Heights?

Prestige Heights was completed (obtained TOP) in 2011, so it is about 15 years old.

Is Prestige Heights a good investment?

Of 144 units at Prestige Heights that were bought and later resold (bought from 2009, resold up to 2026), 86% sold for more than they were bought for, with a median gain of 12% over a median 6.2-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 4.0%. Past resale results don't predict future returns, and this is not financial advice.

Is Prestige Heights an EC?

No. Prestige Heights is a private apartment development, not an executive condominium (EC).

Who is the developer of Prestige Heights?

Prestige Heights was developed by FRAGRANCE LAND PTE LTD.

What is the price of a condo at Prestige Heights?

Units at Prestige Heights have recently sold for around S$690k (S$1,765 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 7 units are listed for sale from S$650k to S$1.53M.

Where is Prestige Heights located?

Prestige Heights is at 348 Balestier Road, Singapore 329778, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 978 m away.

How many units are there in Prestige Heights?

Prestige Heights has 154 units in 1 block.

How much do I need to earn to buy at Prestige Heights?

For a unit around S$690k as a first home, you'd need roughly S$5,051/mo in income (assessed at the stress-test rate), with repayments near S$2,324/mo after a S$173k (25%) downpayment and S$15,300 Buyer's Stamp Duty.

Are prices at Prestige Heights going up?

The median price per square foot at Prestige Heights has risen about 15% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Prestige Heights?

Hong Wen School is within 1 km of Prestige Heights. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.