FreeholdRCRDistrict 12 (Novena)

Ruby Plaza

Reviewed by Nathan TangUpdated 24 September 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 6 units for sale from S$895k to S$4.18M.

Key facts about Ruby Plaza
TenureFreehold
TOP year1981
DeveloperSB (RUBY) DEVELOPMENT PTE LTD
Units127 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTNovena MRT, 960 m (~15 min walk)
Latest median psfS$362 psf, last 12 URA caveats to Jun 2005
1

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

Key Takeaway

Ruby Plaza has 6 units listed for sale, asking S$895k to S$4.18M (median S$1,674 psf), and 2 units for rent at a median of S$4,200 a month.

For sale

6 listings

S$895k – S$4.18M

For rent

2 listings

S$4,200 – S$4,200 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom3S$895k–S$928kS$1,598 psf
2-bedroom2S$1.43M–S$1.43MS$1,845 psf
4-bedroom1S$4.18M–S$4.18MS$1,674 psf

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

2

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

Key Takeaway

Floor plans for Ruby Plaza aren't in PropKaki's library yet. Across 20 URA caveats, units range from 1,475 sqft to 1,690 sqft, and the middle half are 1,475 sqft to 1,615 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom560 sqftS$895k · S$1,598 psf
2-bedroom775 sqftS$1.43M · S$1,845 psf
4-bedroom2,497 sqftS$4.18M · S$1,674 psf

Check the Floor Plan Finder for Ruby Plaza →

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

3

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$1,674 psf — about 362% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2005.

4

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.

5

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.

6

Is Ruby Plaza a good investment?

Key Takeaway

Of 12 units at Ruby Plaza that were bought and later resold (bought from 1995, resold up to 2009), 25% sold for more than they were bought for, with a median gain of -4% over a median 9.3-year hold (URA caveats, before stamp duty, agent fees and interest). Units listed now ask about 362% 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

25%

of 12 resales here

Median gain

-4%

gross, before costs

Median hold

9.3 years

bought to resold

Every unit at Ruby Plaza 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

12

How many property agents are active around Ruby Plaza?

Key Takeaway

6,318 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

6,318

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 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…
13

Frequently asked questions about Ruby Plaza

Is Ruby Plaza freehold?

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

How old is Ruby Plaza?

Ruby Plaza was completed (obtained TOP) in 1981, so it is about 45 years old.

Is Ruby Plaza a good investment?

Of 12 units at Ruby Plaza that were bought and later resold (bought from 1995, resold up to 2009), 25% sold for more than they were bought for, with a median gain of -4% over a median 9.3-year hold (URA caveats, before stamp duty, agent fees and interest). Units listed now ask about 362% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Ruby Plaza an EC?

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

Who is the developer of Ruby Plaza?

Ruby Plaza was developed by SB (RUBY) DEVELOPMENT PTE LTD.

What is the price of a condo at Ruby Plaza?

Units at Ruby Plaza have recently sold for around S$575k (S$362 psf), the median of the last 12 URA caveats to Jun 2005. The price depends on size, floor and facing. 6 units are listed for sale from S$895k to S$4.18M.

Where is Ruby Plaza located?

Ruby Plaza is at 205 Balestier Road, Singapore 329682, in Novena (District 12). The nearest MRT station is Novena MRT, about 960 m away.

How many units are there in Ruby Plaza?

Ruby Plaza has 127 units in 1 block.

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.

Are prices at Ruby Plaza going up?

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

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 get priority in Primary 1 (P1) registration.