FreeholdRCRDistrict 12 (Novena)

Rajah Towers

Reviewed by Nathan TangUpdated 10 August 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 20 units for sale from S$2.75M to S$3.30M.

1

What are the key facts about Rajah Towers?

Key Takeaway

Rajah Towers is a freehold apartment in District 12 (Novena) that obtained TOP in 1983, with 98 units across 1 block.

Tenure
Freehold
TOP / Completion
1983
Developer
HOLLY REALTY COMPANY PTE LTD
Total units
98
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,264 psf
Last transacted
Aug 2025
Remaining lease
Freehold
2

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$3,173

196 rentals on record

Gross rental yield

1.4%

indicative, gross

Units currently for sale are asking a median of S$1,451 psf — about 15% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2025.

3

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 196 rentals on record since Mar 1995. Source: URA.

4

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.

5

How many property agents are active around Rajah Towers?

Key Takeaway

6,316 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

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across 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 Rajah Towers?

Key Takeaway

Rajah Towers has 20 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$2.98M–S$2.98M
3-bedroom13S$2.75M–S$3.30MS$1,451 psf
4-bedroom6S$2.99M–S$3.00M
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

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
9

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.

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

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 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…
12

Frequently asked questions about Rajah Towers

How much does a unit at Rajah Towers cost?

Units at Rajah Towers have recently transacted around S$2.70M (S$1,264 psf), from 99 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Rajah Towers a good investment?

Gross rental yield is about 1.4%, and current asking prices sit about 15% above the most recent transacted PSF; median PSF has risen about 124% since 2008. 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 Rajah Towers going up?

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

Is Rajah Towers freehold or leasehold?

Rajah Towers is freehold — ownership does not expire.

When was Rajah Towers built and who developed it?

Rajah Towers obtained TOP in 1983, developed by HOLLY REALTY COMPANY PTE LTD, with 98 units across 1 block.

How many units are for sale at Rajah Towers?

There are 20 units for sale at Rajah Towers, from S$2.75M to S$3.30M.

What is the nearest MRT to Rajah Towers?

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

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 qualify for Primary 1 (P1) registration priority.

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