RCRDistrict 12 (Novena)

Shiba Apartments

Reviewed by Nathan TangUpdated 10 August 2026Data through Nov 2007 (URA)
Quick Summary

Shiba Apartments is a - 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).

1

What are the key facts about Shiba Apartments?

Key Takeaway

Shiba Apartments is a - in District 12 (Novena).

Tenure
TOP / Completion
Developer
Total units
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,682 psf
Last transacted
Nov 2007
Remaining lease
2

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.

3

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.

4

How many property agents are active around Shiba Apartments?

Key Takeaway

6,316 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

6,316

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.

5

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.

6

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.

7

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

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 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…
8

Frequently asked questions about Shiba Apartments

How much does a unit at Shiba Apartments cost?

The median transacted price at Shiba Apartments is about S$15.50M (S$1,682 psf) across 1 sale on record (URA caveats).

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.

What is the nearest MRT to Shiba Apartments?

The nearest MRT/LRT station to Shiba Apartments is Novena MRT, about 769 m away (~12 min walk).

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 qualify for Primary 1 (P1) registration priority.

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