FreeholdRCRDistrict 12 (Novena)

Ruby Apartments

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2009 (URA)
Quick Summary

Ruby Apartments is a freehold apartment in District 12 (Novena) that obtained TOP in 1992, with 48 units across 1 block. Across 6 transactions on record, units have recently transacted around S$700k (S$618 psf, ~1,163 sqft). There are 12 units for sale from S$750k to S$1.70M.

Key facts about Ruby Apartments
TenureFreehold
TOP year1992
DeveloperHUME INVESTMENTS PTE LTD
Units48 in 1 block
District and areaDistrict 12 · Novena · RCR
Latest median psfS$618 psf, last 6 URA caveats to May 2009
1

What's for sale and for rent at Ruby Apartments?

Key Takeaway

Ruby Apartments has 12 units listed for sale, asking S$750k to S$1.70M, and 1 unit for rent at a median of S$4,000 a month.

For sale

12 listings

S$750k – S$1.70M

For rent

1 listing

S$4,000 – S$4,000 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom2S$750k–S$800k
2-bedroom10S$1.17M–S$1.70M

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

2

What are the floor plans and unit sizes at Ruby Apartments?

Key Takeaway

Floor plans for Ruby Apartments aren't in PropKaki's library yet. Across 6 URA caveats, units range from 1,130 sqft to 12,755 sqft, and the middle half are 1,130 sqft to 1,195 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom452 sqftS$750k
2-bedroom796 sqft to 1,539 sqftS$1.17M

Check the Floor Plan Finder for Ruby Apartments →

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

3

What is the price and PSF at Ruby Apartments?

Key Takeaway

Units have recently transacted around S$700k (S$618 psf), at a gross rental yield of about 2.4% (URA caveat data).

Recent median price

S$700k

recent · 6 sales on record

Median PSF

S$618 psf

recent transactions

Median rent (monthly)

S$1,400

102 rentals on record

Gross rental yield

2.4%

indicative, gross

Source: URA caveat data, through May 2009.

4

What has recently sold at Ruby Apartments?

Key Takeaway

Ruby Apartments has 6 recorded sales; the most recent transacted at S$10,500,000 in May 2009 (URA caveat data).

DatePriceSize (sqft)PSF
May 2009S$10,500,00012,755S$823 psf
Aug 2008S$11,000,00012,755S$862 psf
Dec 1996S$700,0001,130S$619 psf
Jun 1996S$738,0001,195S$618 psf
Jan 1996S$640,0001,163S$551 psf
Mar 1995S$645,0001,130S$571 psf

6 sales and 102 rentals on record since Mar 1995. Source: URA.

5

Is Ruby Apartments a good investment?

Key Takeaway

Ruby Apartments has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

District 12 sold for more

87%

of 7,946 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Ruby Apartments has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →

6

Where is Ruby Apartments and what's nearby?

Key Takeaway

Ruby Apartments is located in Novena, in the Central Region of Singapore.

Ruby Apartments is a freehold apartment completed in 1992. It was developed by HUME INVESTMENTS PTE LTD. The development has 48 residential units.

RUBY APARTMENTS is located at 25C Kim Keat Close, Singapore 328933. 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 Novena MRT Exit A, approximately 984m away, around 15 minutes on foot. Nearby amenities include Square 2 for shopping, SEMPER FIDELIS FINE FOODS PRIVATE LIMITED for groceries, Blks 91/92 Whampoa Drive # for food options, and Pek Kio Park for greenery and recreation. Facilities in the development include Car Park and Main entrance.

7

How far is Ruby Apartments from MRT and schools?

Key Takeaway

3 schools are within 1 km, including 1 primary school.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority553 m
  • Northlight SchoolSecondary schoolwithin 1 km572 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km904 m
  • St. Joseph's Institution JuniorPrimary school1.0 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Bendemeer Primary SchoolPrimary school1.4 km
  • Chij Secondary (Toa Payoh)Secondary school1.5 km
  • Pei Chun Public SchoolPrimary school1.6 km

Shops, food & parks

Mall: Square 2 · 1.0 kmSupermarket: Semper Fidelis Fine Foods Private Limited · 144 mHawker centre: Blks 91/92 Whampoa Drive # · 125 mPark: Pek Kio Park · 879 m

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

8

What facilities does Ruby Apartments have?

Key Takeaway

Ruby Apartments has 2 facilities, including Car Park, Main entrance.

Car ParkMain entrance
9

What does it cost to own a unit at Ruby Apartments?

Key Takeaway

Buying a unit at Ruby Apartments (~S$700k) needs about S$5,124/mo in income and S$2,357/mo in repayments, after S$15,600 stamp duty and a S$175k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$700k) 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$15,600

BSD, tiered

Downpayment (25%)

S$175k

cash + CPF

Monthly instalment

S$2,357/mo

30y @ 3.5%

Income required

S$5,124/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around Ruby Apartments?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Ruby Apartments

Is Ruby Apartments freehold?

Yes. Ruby Apartments is freehold, so ownership does not run out.

How old is Ruby Apartments?

Ruby Apartments was completed (obtained TOP) in 1992, so it is about 34 years old.

Is Ruby Apartments a good investment?

Ruby Apartments has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 2.4%. Past resale results don't predict future returns, and this is not financial advice.

Is Ruby Apartments an EC?

No. Ruby Apartments is a private apartment development, not an executive condominium (EC).

Who is the developer of Ruby Apartments?

Ruby Apartments was developed by HUME INVESTMENTS PTE LTD.

What is the price of a condo at Ruby Apartments?

Units at Ruby Apartments have recently sold for around S$700k (S$618 psf), the median of the last 6 URA caveats to May 2009. The price depends on size, floor and facing. 12 units are listed for sale from S$750k to S$1.70M.

Where is Ruby Apartments located?

Ruby Apartments is at 25C Kim Keat Close, Singapore 328933, in Novena (District 12).

How many units are there in Ruby Apartments?

Ruby Apartments has 48 units in 1 block.

How much do I need to earn to buy at Ruby Apartments?

For a unit around S$700k as a first home, you'd need roughly S$5,124/mo in income (assessed at the stress-test rate), with repayments near S$2,357/mo after a S$175k (25%) downpayment and S$15,600 Buyer's Stamp Duty.

Which primary schools are within 1 km of Ruby Apartments?

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