FreeholdRCRDistrict 12 (Novena)

Ruby Plaza

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 2005 (URA)
Quick Summary

Ruby Plaza is a freehold apartment in District 12 (Novena) that obtained TOP in 1981, with 127 units across 1 block. Across 20 transactions on record, units have recently transacted around S$575k (S$362 psf, ~1,604 sqft). There are 8 units for sale from S$905k to S$4.18M.

1

What are the key facts about Ruby Plaza?

Key Takeaway

Ruby Plaza is a freehold apartment in District 12 (Novena) that obtained TOP in 1981, with 127 units across 1 block.

Tenure
Freehold
TOP / Completion
1981
Developer
SB (RUBY) DEVELOPMENT PTE LTD
Total units
127
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$362 psf
Last transacted
Jun 2005
Remaining lease
Freehold
2

What is the price and PSF at Ruby Plaza?

Key Takeaway

Units have recently transacted around S$575k (S$362 psf) (URA caveat data).

Recent median price

S$575k

recent · 20 sales on record

Median PSF

S$362 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Units currently for sale are asking a median of S$1,616 psf — about 346% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2005.

3

What has recently sold at Ruby Plaza?

Key Takeaway

Ruby Plaza has 20 recorded sales; the most recent transacted at S$465,000 in Jun 2005 (URA caveat data).

DatePriceSize (sqft)PSF
Jun 2005S$465,0001,604S$290 psf
Dec 2002S$534,0001,475S$362 psf
Feb 2002S$530,0001,604S$330 psf
May 2001S$530,0001,475S$359 psf
Dec 2000S$620,0001,475S$420 psf
Jul 1999S$685,0001,604S$427 psf
May 1999S$556,0001,690S$329 psf
Apr 1999S$610,0001,475S$414 psf
Mar 1999S$575,0001,604S$359 psf
Mar 1998S$650,0001,604S$405 psf
Nov 1997S$730,0001,690S$432 psf
Aug 1997S$700,0001,604S$436 psf

20 sales and 0 rentals on record since Apr 1995. Source: URA.

4

Are prices at Ruby Plaza rising?

Key Takeaway

The median transacted PSF at Ruby Plaza has fallen 29% over the past 7 years (19952002), from S$468 psf to S$330 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2002S$330 psfS$530k2-8.1%
1999S$359 psfS$575k4-16.9%
1997S$432 psfS$700k2-0.7%
1996S$435 psfS$720k5-7.1%
1995S$468 psfS$750k3

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 Ruby Plaza?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Ruby Plaza 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 Ruby Plaza?

Key Takeaway

Ruby Plaza has 8 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom3S$905k–S$905kS$1,616 psf
2-bedroom3S$1.43M–S$2.10M
4-bedroom2S$4.18M–S$4.18MS$1,674 psf
7

Where is Ruby Plaza and what's nearby?

Key Takeaway

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

Ruby Plaza is a freehold apartment completed in 1981. It was developed by SB (RUBY) DEVELOPMENT PTE LTD. The development has 127 residential units. It sits on a land area of 2,177 sqm and has a gross floor area of 6,531 sqm. The plot ratio is 3.0.

RUBY PLAZA is located at 205 Balestier Road, Singapore 329682. 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, approximately 960m 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.

8

Who built Ruby Plaza and how big is the development?

Key Takeaway

Ruby Plaza was developed by SB (RUBY) DEVELOPMENT PTE LTD, with 127 units.

Developer
SB (RUBY) DEVELOPMENT PTE LTD
Blocks
1
Land area
2,177 sqm (23,433 sqft)
Gross floor area
6,531 sqm (70,299 sqft)
Plot ratio
3.00
9

How far is Ruby Plaza from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Ruby Plaza is Novena MRT, about 960 m away (~15 min walk). 4 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Northlight SchoolSecondary schoolwithin 1 km400 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority591 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority823 m
  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority927 m
  • Bendemeer Secondary SchoolSecondary school1.0 km
  • Bendemeer Primary SchoolPrimary school1.4 km
  • Chij Secondary (Toa Payoh)Secondary school1.7 km
  • Anglo-Chinese School (Junior)Primary school1.8 km

Shops, food & parks

Mall: Square 2 · 923 mSupermarket: Semper Fidelis Fine Foods Private Limited · 196 mHawker centre: Blks 91/92 Whampoa Drive # · 368 mPark: Pek Kio Park · 578 m

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

10

What facilities does Ruby Plaza have?

Key Takeaway

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

Car ParkMain entrance
11

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

Key Takeaway

Buying a unit at Ruby Plaza (~S$575k) needs about S$4,209/mo in income and S$1,937/mo in repayments, after S$11,850 stamp duty and a S$144k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$575k) 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$11,850

BSD, tiered

Downpayment (25%)

S$144k

cash + CPF

Monthly instalment

S$1,937/mo

30y @ 3.5%

Income required

S$4,209/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 Ruby Plaza? Ask before you commit.

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

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

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

Ask anything about Singapore property…
12

Frequently asked questions about Ruby Plaza

How much does a unit at Ruby Plaza cost?

Units at Ruby Plaza have recently transacted around S$575k (S$362 psf), from 20 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$575k as a first home, you'd need roughly S$4,209/mo in income (assessed at the stress-test rate), with repayments near S$1,937/mo after a S$144k (25%) downpayment and S$11,850 Buyer's Stamp Duty.

Is Ruby Plaza a good investment?

current asking prices sit about 346% above the most recent transacted PSF; median PSF has fallen about 29% 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 Ruby Plaza going up?

The median transacted PSF at Ruby Plaza has fallen about 29% between 1995 and 2002, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Ruby Plaza freehold or leasehold?

Ruby Plaza is freehold — ownership does not expire.

When was Ruby Plaza built and who developed it?

Ruby Plaza obtained TOP in 1981, developed by SB (RUBY) DEVELOPMENT PTE LTD, with 127 units across 1 block.

How many units are for sale at Ruby Plaza?

There are 8 units for sale at Ruby Plaza, from S$905k to S$4.18M.

What is the nearest MRT to Ruby Plaza?

The nearest MRT/LRT station to Ruby Plaza is Novena MRT, about 960 m away (~15 min walk).

Which primary schools are within 1 km of Ruby Plaza?

Hong Wen School, St. Joseph's Institution Junior, Farrer Park Primary School are within 1 km of Ruby Plaza — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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