RCRDistrict 12 (Novena)

Shiba Apartments

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 2007 (URA)
Quick Summary

Shiba Apartments is a condominium in District 12 (Novena). Across 1 transaction on record, the median transacted price is about S$15.50M (S$1,682 psf, ~9,214 sqft).

Key facts about Shiba Apartments
District and areaDistrict 12 · Novena · RCR
Nearest MRTNovena MRT, 769 m (~12 min walk)
Median psfS$1,682 psf, 1 URA caveat to Nov 2007
1

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

Key Takeaway

No units at Shiba Apartments are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

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

Key Takeaway

Floor plans for Shiba Apartments aren't in PropKaki's library yet.

3

What is the price and PSF at Shiba Apartments?

Key Takeaway

The median transacted price is about S$15.50M (S$1,682 psf) (URA caveat data).

Median price

S$15.50M

1 sale on record

Median PSF

S$1,682 psf

URA, all sales

Median rent (monthly)

—

0 rentals on record

Gross rental yield

—

indicative, gross

Source: URA caveat data, through Nov 2007.

4

What has recently sold at Shiba Apartments?

Key Takeaway

Shiba Apartments has 1 recorded sale; the most recent transacted at S$15,500,000 in Nov 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2007S$15,500,0009,214S$1,682 psf

1 sale and 0 rentals on record since Nov 2007. Source: URA.

5

Is Shiba Apartments a good investment?

Key Takeaway

Shiba 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). 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

Shiba 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 Shiba Apartments and what's nearby?

Key Takeaway

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

Shiba Apartments is a condo-apartment.

SHIBA APARTMENTS is located at Jalan Raja Udang, Singapore 329190. 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 769m away, around 12 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Novena Rise Pk for greenery and recreation.

7

How far is Shiba Apartments from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Shiba Apartments is Novena MRT, about 769 m away (~12 min walk). 3 schools are within 1 km, including 1 primary school.

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 km591 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority619 m
  • Catholic Junior CollegeJunior collegewithin 1 km874 m
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Anglo-Chinese School (Barker Road)Secondary school1.1 km
  • Anglo-Chinese School (Primary)Primary school1.2 km
  • Kheng Cheng SchoolPrimary school1.2 km
  • Marymount Convent SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 749 mSupermarket: NTUC Fairprice Co-operative Ltd · 453 mPark: Novena Rise Pk · 292 m

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

8

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

Key Takeaway

Buying a unit at Shiba Apartments (~S$15.50M) needs about S$113,465/mo in income and S$52,201/mo in repayments, after S$869,600 stamp duty and a S$3.88M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the median price (S$15.50M) 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$869,600

BSD, tiered

Downpayment (25%)

S$3.88M

cash + CPF

Monthly instalment

S$52,201/mo

30y @ 3.5%

Income required

S$113,465/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

9

How many property agents are active around Shiba Apartments?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
10

Frequently asked questions about Shiba Apartments

Is Shiba Apartments a good investment?⌄

Shiba 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). Past resale results don't predict future returns, and this is not financial advice.

What is the price of a condo at Shiba Apartments?⌄

The median price paid at Shiba Apartments is about S$15.50M (S$1,682 psf), across 1 URA caveat to Nov 2007.

Where is Shiba Apartments located?⌄

Shiba Apartments is in Novena (District 12). The nearest MRT station is Novena MRT, about 769 m away.

How much do I need to earn to buy at Shiba Apartments?⌄

For a unit around S$15.50M as a first home, you'd need roughly S$113,465/mo in income (assessed at the stress-test rate), with repayments near S$52,201/mo after a S$3.88M (25%) downpayment and S$869,600 Buyer's Stamp Duty.

Which primary schools are within 1 km of Shiba Apartments?⌄

Chij Primary (Toa Payoh) is within 1 km of Shiba Apartments. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.