FreeholdRCRDistrict 12 (Novena)

Rajah Towers

Reviewed by Nathan TangUpdated 24 September 2026Data through Aug 2025 (URA)
Quick Summary

Rajah Towers is a freehold apartment in District 12 (Novena) that obtained TOP in 1983, with 98 units across 1 block. Across 99 transactions on record, units have recently transacted around S$2.70M (S$1,264 psf, ~2,207 sqft). There are 11 units for sale from S$2.99M to S$3.30M.

Key facts about Rajah Towers
TenureFreehold
TOP year1983
DeveloperHOLLY REALTY COMPANY PTE LTD
Units98 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 584 m (~9 min walk)
Latest median psfS$1,264 psf, last 12 URA caveats to Aug 2025
1

What's for sale and for rent at Rajah Towers?

Key Takeaway

Rajah Towers has 11 units listed for sale, asking S$2.99M to S$3.30M (median S$1,532 psf), and 4 units for rent at a median of S$1,600 a month.

For sale

11 listings

S$2.99M – S$3.30M

For rent

4 listings

S$1,600 – S$1,600 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom7S$2.99M–S$3.30MS$1,532 psf
4-bedroom4S$2.99M–S$3.30M

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

2

What are the floor plans and unit sizes at Rajah Towers?

Key Takeaway

Floor plans for Rajah Towers aren't in PropKaki's library yet. Across 99 URA caveats, units range from 2,045 sqft to 5,253 sqft, and the middle half are 2,099 sqft to 2,207 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom2,088 sqft to 2,121 sqftS$2.99M · S$1,532 psf
4-bedroom2,099 sqft to 2,120 sqftS$2.99M

Check the Floor Plan Finder for Rajah Towers →

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

3

What is the price and PSF at Rajah Towers?

Key Takeaway

Units have recently transacted around S$2.70M (S$1,264 psf), at a gross rental yield of about 1.4% (URA caveat data).

Recent median price

S$2.70M

recent · 99 sales on record

Median PSF

S$1,264 psf

recent transactions

Median rent (monthly)

S$3,180

198 rentals on record

Gross rental yield

1.4%

indicative, gross

Units currently for sale are asking a median of S$1,532 psf — about 21% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2025.

4

What has recently sold at Rajah Towers?

Key Takeaway

Rajah Towers has 99 recorded sales; the most recent transacted at S$2,965,000 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2025S$2,965,0002,088S$1,420 psf
Apr 2025S$3,180,0002,207S$1,441 psf
Nov 2024S$3,220,0002,207S$1,459 psf
Jun 2024S$2,800,0002,121S$1,320 psf
Sept 2023S$2,862,0002,228S$1,284 psf
Aug 2022S$2,680,0002,121S$1,264 psf
Apr 2022S$2,700,0002,088S$1,293 psf
Nov 2021S$2,588,0002,207S$1,173 psf
Oct 2021S$2,460,0002,099S$1,172 psf
Oct 2021S$2,450,0002,207S$1,110 psf
Jul 2021S$2,400,8882,207S$1,088 psf
Oct 2020S$4,500,0005,253S$857 psf

99 sales and 198 rentals on record since Mar 1995. Source: URA.

5

Are prices at Rajah Towers rising?

Key Takeaway

The median transacted PSF at Rajah Towers has risen 124% over the past 17 years (20082025), from S$634 psf to S$1,420 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,420 psfS$2.96M2+7.6%
2024S$1,320 psfS$2.80M2+4.4%
2022S$1,264 psfS$2.68M2+13.9%
2021S$1,110 psfS$2.45M4+11.0%
2020S$1,000 psfS$2.30M3+13.1%
2017S$884 psfS$1.95M4+2.6%
2013S$862 psfS$1.82M3+8.0%
2012S$798 psfS$1.76M2+33.4%
2009S$598 psfS$1.30M8-5.7%
2008S$634 psfS$1.40M4

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

6

Is Rajah Towers a good investment?

Key Takeaway

Of 40 units at Rajah Towers that were bought and later resold (bought from 1995, resold up to 2025), 73% sold for more than they were bought for, with a median gain of 36% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.4%. Units listed now ask about 21% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

73%

of 40 resales here

Median gain

36%

gross, before costs

Median hold

6.0 years

bought to resold

Every unit at Rajah Towers 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 Rajah Towers and what's nearby?

Key Takeaway

Rajah Towers is located in Novena, in the Central Region of Singapore.

Rajah Towers is a freehold apartment completed in 1983. It was developed by HOLLY REALTY COMPANY PTE LTD. The development has 98 residential units. It sits on a land area of 5,988 sqm and has a gross floor area of 16,806 sqm. The plot ratio is 2.81.

RAJAH TOWERS is located at 32 Jalan Rajah, Singapore 329141. 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 584m away, around 9 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 Sauna, 24 hours security, Squash court, Swimming pool, and Tennis courts.

8

How far is Rajah Towers from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Rajah Towers is Toa Payoh MRT, about 584 m away (~9 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.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km827 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority971 m
  • Kheng Cheng SchoolPrimary school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Hong Wen SchoolPrimary school1.2 km
  • Northlight SchoolSecondary school1.2 km
  • Pei Chun Public SchoolPrimary school1.3 km
  • Bendemeer Secondary SchoolSecondary school1.4 km

Shops, food & parks

Mall: Square 2 · 925 mSupermarket: NTUC Fairprice Co-operative Ltd · 272 mHawker centre: Blks 91/92 Whampoa Drive # · 737 mPark: Toa Payoh Town Pk · 350 m

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

9

Who built Rajah Towers and how big is the development?

Key Takeaway

Rajah Towers was developed by HOLLY REALTY COMPANY PTE LTD, with 98 units.

Developer
HOLLY REALTY COMPANY PTE LTD
Blocks
1
Land area
5,988 sqm (64,454 sqft)
Gross floor area
16,806 sqm (180,898 sqft)
Plot ratio
2.81
10

What facilities does Rajah Towers have?

Key Takeaway

Rajah Towers has 5 facilities, including Sauna, 24 hours security, Squash court, Swimming pool, and more.

Sauna24 hours securitySquash courtSwimming poolTennis courts
11

What does it cost to own a unit at Rajah Towers?

Key Takeaway

Buying a unit at Rajah Towers (~S$2.70M) needs about S$19,765/mo in income and S$9,093/mo in repayments, after S$104,600 stamp duty and a S$675k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.70M) 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$104,600

BSD, tiered

Downpayment (25%)

S$675k

cash + CPF

Monthly instalment

S$9,093/mo

30y @ 3.5%

Income required

S$19,765/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Rajah Towers?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Rajah Towers 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 Rajah Towers? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Rajah Towers

Is Rajah Towers freehold?

Yes. Rajah Towers is freehold, so ownership does not run out.

How old is Rajah Towers?

Rajah Towers was completed (obtained TOP) in 1983, so it is about 43 years old.

Is Rajah Towers a good investment?

Of 40 units at Rajah Towers that were bought and later resold (bought from 1995, resold up to 2025), 73% sold for more than they were bought for, with a median gain of 36% over a median 6.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.4%. Units listed now ask about 21% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Rajah Towers an EC?

No. Rajah Towers is a private apartment development, not an executive condominium (EC).

Who is the developer of Rajah Towers?

Rajah Towers was developed by HOLLY REALTY COMPANY PTE LTD.

What is the price of a condo at Rajah Towers?

Units at Rajah Towers have recently sold for around S$2.70M (S$1,264 psf), the median of the last 12 URA caveats to Aug 2025. The price depends on size, floor and facing. 11 units are listed for sale from S$2.99M to S$3.30M.

Where is Rajah Towers located?

Rajah Towers is at 32 Jalan Rajah, Singapore 329141, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 584 m away.

How many units are there in Rajah Towers?

Rajah Towers has 98 units in 1 block.

How much do I need to earn to buy at Rajah Towers?

For a unit around S$2.70M as a first home, you'd need roughly S$19,765/mo in income (assessed at the stress-test rate), with repayments near S$9,093/mo after a S$675k (25%) downpayment and S$104,600 Buyer's Stamp Duty.

Are prices at Rajah Towers going up?

The median price per square foot at Rajah Towers has risen about 124% between 2008 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Rajah Towers?

Chij Primary (Toa Payoh) is within 1 km of Rajah Towers. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.