PropKaki
FreeholdRCRDistrict 12 (Novena)

Shan Gate Apartments

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2024 (URA)
Quick Summary

Shan Gate Apartments is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 27 units across 1 block. Units have recently transacted around S$938k (S$1,025 psf), from 29 sales on record.

1

What are the key facts about Shan Gate Apartments?

Key Takeaway

Shan Gate Apartments is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 27 units across 1 block.

Tenure
Freehold
TOP / Completion
1991
Developer
Total units
27
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,025 psf
Last transacted
May 2024
Remaining lease
Freehold
2

What is the price and PSF at Shan Gate Apartments?

Key Takeaway

Units have recently transacted around S$938k (S$1,025 psf), at a gross rental yield of about 2.8% (URA caveat data).

Recent median price

S$938k

recent · 29 sales on record

Median PSF

S$1,025 psf

recent transactions

Median rent (monthly)

S$2,209

143 rentals on record

Gross rental yield

2.8%

indicative, gross

Source: URA caveat data, through May 2024.

3

What has recently sold at Shan Gate Apartments?

Key Takeaway

Shan Gate Apartments has 29 recorded sales; the most recent transacted at S$1,700,000 in May 2024 (URA caveat data).

DatePriceSize (sqft)PSF
May 2024S$1,700,0001,249S$1,361 psf
Oct 2023S$1,690,0001,249S$1,353 psf
Apr 2020S$1,368,0001,249S$1,096 psf
Apr 2018S$938,000753S$1,245 psf
Mar 2018S$915,000753S$1,214 psf
Mar 2015S$1,280,0001,249S$1,025 psf
Apr 2014S$1,080,0001,023S$1,056 psf
Feb 2014S$1,308,8881,335S$981 psf
Aug 2010S$850,0001,023S$831 psf
Feb 2010S$550,000753S$730 psf
Dec 2009S$850,0001,216S$699 psf
Oct 2009S$710,0001,023S$694 psf

29 sales and 143 rentals on record since Apr 1995. Source: URA.

4

Where is Shan Gate Apartments and what's nearby?

Key Takeaway

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

Shan Gate Apartments is a freehold apartment completed in 1991. The development has 27 residential units. It sits on a land area of 1,702 sqm and has a gross floor area of 4,799 sqm. The plot ratio is 2.8.

SHAN GATE APARTMENTS is located at 2 Shan Road, Singapore 328103. 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 696m away, around 11 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 Novena Rise Pk for greenery and recreation.

5

How far is Shan Gate Apartments from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Shan Gate Apartments is Novena MRT, about 696 m away (~11 min walk). 3 schools are within 1 km, including 2 primary schools.

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 km831 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority920 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority944 m
  • Northlight SchoolSecondary school1.2 km
  • Kheng Cheng SchoolPrimary school1.3 km
  • Hong Wen SchoolPrimary school1.3 km
  • Catholic Junior CollegeJunior college1.3 km
  • Anglo-Chinese School (Barker Road)Secondary school1.4 km

Shops, food & parks

Mall: Square 2 · 652 mSupermarket: NTUC Fairprice Co-operative Ltd · 132 mHawker centre: Blks 91/92 Whampoa Drive # · 846 mPark: Novena Rise Pk · 469 m

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

6

What does it cost to own a unit at Shan Gate Apartments?

Key Takeaway

Buying a unit at Shan Gate Apartments (~S$938k) needs about S$6,866/mo in income and S$3,159/mo in repayments, after S$22,740 stamp duty and a S$235k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$938k) 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$22,740

BSD, tiered

Downpayment (25%)

S$235k

cash + CPF

Monthly instalment

S$3,159/mo

30y @ 3.5%

Income required

S$6,866/mo

TDSR @ stress rate

7

Frequently asked questions about Shan Gate Apartments

What is the price at Shan Gate Apartments?

Units at Shan Gate Apartments have recently transacted around S$938k (S$1,025 psf), from 29 sales on record (URA caveat data).

Is Shan Gate Apartments freehold or leasehold?

Shan Gate Apartments is freehold.

When was Shan Gate Apartments built?

Shan Gate Apartments obtained TOP in 1991.

What is the rental yield at Shan Gate Apartments?

Gross rental yield at Shan Gate Apartments is about 2.8%, based on median current rents and prices.

How many units are in Shan Gate Apartments?

Shan Gate Apartments has 27 units across 1 block.

What is the nearest MRT to Shan Gate Apartments?

The nearest MRT/LRT station to Shan Gate Apartments is Novena MRT, about 696 m away (~11 min walk).

Which primary schools are within 1 km of Shan Gate Apartments?

St. Joseph's Institution Junior, Chij Primary (Toa Payoh) are within 1 km of Shan Gate Apartments — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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