FreeholdCCRDistrict 11 (Novena)

Setia Residences

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2022 (URA)
Quick Summary

Setia Residences is a freehold apartment in District 11 (Novena) that obtained TOP in 2003, with 24 units across 1 block. Across 21 transactions on record, units have recently transacted around S$6.03M (S$1,800 psf, ~3,348 sqft). There are 4 units for sale from S$8.39M to S$8.39M.

1

What are the key facts about Setia Residences?

Key Takeaway

Setia Residences is a freehold apartment in District 11 (Novena) that obtained TOP in 2003, with 24 units across 1 block.

Tenure
Freehold
TOP / Completion
2003
Developer
SETIA PTE LTD
Total units
24
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,800 psf
Last transacted
Apr 2022
Remaining lease
Freehold
2

What is the price and PSF at Setia Residences?

Key Takeaway

Units have recently transacted around S$6.03M (S$1,800 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$6.03M

recent · 21 sales on record

Median PSF

S$1,800 psf

recent transactions

Median rent (monthly)

S$13,605

119 rentals on record

Gross rental yield

2.7%

indicative, gross

Units currently for sale are asking a median of S$2,505 psf — about 39% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2022.

3

What has recently sold at Setia Residences?

Key Takeaway

Setia Residences has 21 recorded sales; the most recent transacted at S$6,800,000 in Apr 2022 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2022S$6,800,0003,348S$2,031 psf
Nov 2020S$6,100,0003,348S$1,822 psf
Aug 2020S$5,900,0003,348S$1,762 psf
Apr 2020S$6,100,0003,348S$1,822 psf
Aug 2017S$5,750,0003,348S$1,718 psf
Sept 2013S$6,700,0003,348S$2,001 psf
Sept 2010S$6,938,0003,348S$2,073 psf
Dec 2009S$6,025,0003,348S$1,800 psf
Sept 2009S$5,800,0003,348S$1,733 psf
Aug 2009S$5,480,0003,348S$1,637 psf
May 2009S$5,300,0003,348S$1,583 psf
Dec 2007S$7,850,0003,348S$2,345 psf

21 sales and 119 rentals on record since Oct 2006. Source: URA.

4

Are prices at Setia Residences rising?

Key Takeaway

The median transacted PSF at Setia Residences has risen 3% over the past 13 years (20072020), from S$1,762 psf to S$1,822 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$1,822 psfS$6.10M3+11.3%
2009S$1,637 psfS$5.48M4-7.1%
2007S$1,762 psfS$5.90M9

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 Setia Residences?

Key Takeaway

5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Setia Residences sits — in the last 12 months, across all property types.

Active agents · 12mo

5,862

District 11 · closed ≥1 deal

Deals on record

30,333

all-time · all property types

Source: CEA public transaction records, attributed to District 11across 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 Setia Residences?

Key Takeaway

Setia Residences has 4 units listed for sale, spanning 4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
4-bedroom4S$8.39M–S$8.39MS$2,505 psf
7

Where is Setia Residences and what's nearby?

Key Takeaway

Setia Residences is located in Novena, in the Central Region of Singapore.

Setia Residences is a freehold apartment completed in 2003. It was developed by SETIA PTE LTD. The development has 24 residential units. It sits on a land area of 3,489 sqm and has a gross floor area of 9,779 sqm. The plot ratio is 2.8.

SETIA RESIDENCES is located at 11 Evelyn Road, Singapore 309304. It is part of District 11, Watten Estate / Novena / Thomson, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Newton MRT, approximately 325m away, around 5 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Thomson Rd Pg for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Billiards room, Function room, Gymnasium room, and Jacuzzi.

8

Who built Setia Residences and how big is the development?

Key Takeaway

Setia Residences was developed by SETIA PTE LTD, with 24 units.

Developer
SETIA PTE LTD
Blocks
1
Land area
3,489 sqm (37,555 sqft)
Gross floor area
9,779 sqm (105,260 sqft)
Plot ratio
2.80
9

How far is Setia Residences from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Setia Residences is Newton MRT, about 325 m away (~5 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.

  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority555 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km622 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority663 m
  • Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority736 m
  • Catholic Junior CollegeJunior college1.1 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Singapore Chinese Girls' SchoolSecondary school1.4 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.4 km

Shops, food & parks

Mall: United Square · 433 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 239 mHawker centre: Newton Food Centre · 444 mPark: Thomson Rd Pg · 421 m

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

10

What facilities does Setia Residences have?

Key Takeaway

Setia Residences has 11 facilities, including Barbeque Area, Basement car park, Billiards room, Function room, and more.

Barbeque AreaBasement car parkBilliards roomFunction roomGymnasium roomJacuzziLap poolPlayground24 hours securityTennis courtsWading pool
11

What does it cost to own a unit at Setia Residences?

Key Takeaway

Buying a unit at Setia Residences (~S$6.03M) needs about S$44,105/mo in income and S$20,291/mo in repayments, after S$301,100 stamp duty and a S$1.51M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$6.03M) 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$301,100

BSD, tiered

Downpayment (25%)

S$1.51M

cash + CPF

Monthly instalment

S$20,291/mo

30y @ 3.5%

Income required

S$44,105/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 Setia Residences? Ask before you commit.

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

PropKaki
Is Setia Residences a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about Setia Residences

How much does a unit at Setia Residences cost?

Units at Setia Residences have recently transacted around S$6.03M (S$1,800 psf), from 21 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Setia Residences?

For a unit around S$6.03M as a first home, you'd need roughly S$44,105/mo in income (assessed at the stress-test rate), with repayments near S$20,291/mo after a S$1.51M (25%) downpayment and S$301,100 Buyer's Stamp Duty.

Is Setia Residences a good investment?

Gross rental yield is about 2.7%, and current asking prices sit about 39% above the most recent transacted PSF; median PSF has risen about 3% since 2007. 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 Setia Residences going up?

The median transacted PSF at Setia Residences has risen about 3% between 2007 and 2020, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Setia Residences freehold or leasehold?

Setia Residences is freehold — ownership does not expire.

When was Setia Residences built and who developed it?

Setia Residences obtained TOP in 2003, developed by SETIA PTE LTD, with 24 units across 1 block.

How many units are for sale at Setia Residences?

There are 4 units for sale at Setia Residences, from S$8.39M to S$8.39M.

What is the nearest MRT to Setia Residences?

The nearest MRT/LRT station to Setia Residences is Newton MRT, about 325 m away (~5 min walk).

Which primary schools are within 1 km of Setia Residences?

Anglo-Chinese School (Primary), St. Joseph's Institution Junior, Anglo-Chinese School (Junior) are within 1 km of Setia Residences — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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