The Albany
The Albany is a freehold apartment in District 11 (Novena) that obtained TOP in 1992, with 177 units across 1 block. Across 30 transactions on record, units have recently transacted around S$815k (S$483 psf, ~1,582 sqft).
What are the key facts about The Albany?
The Albany is a freehold apartment in District 11 (Novena) that obtained TOP in 1992, with 177 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1992
- Developer
- CITY DEVELOPMENTS LTD
- Total units
- 177
- Blocks
- 1
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$483 psf
- Last transacted
- Feb 2007
- Remaining lease
- Freehold
What is the price and PSF at The Albany?
Units have recently transacted around S$815k (S$483 psf), at a gross rental yield of about 2.7% (URA caveat data).
Recent median price
S$815k
recent · 30 sales on record
Median PSF
S$483 psf
recent transactions
Median rent (monthly)
S$1,800
42 rentals on record
Gross rental yield
2.7%
indicative, gross
Source: URA caveat data, through Feb 2007.
What has recently sold at The Albany?
The Albany has 30 recorded sales; the most recent transacted at S$65,000,000 in Feb 2007 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Feb 2007 | S$65,000,000 | 84,444 | S$770 psf |
| Jan 2003 | S$815,000 | 2,002 | S$407 psf |
| Dec 2002 | S$1,100,000 | 2,002 | S$549 psf |
| Nov 2002 | S$680,000 | 1,582 | S$430 psf |
| May 2002 | S$675,000 | 1,582 | S$427 psf |
| Jul 2000 | S$880,000 | 1,582 | S$556 psf |
| Jul 1999 | S$850,000 | 1,582 | S$537 psf |
| Jun 1999 | S$760,000 | 1,582 | S$480 psf |
| May 1999 | S$765,000 | 1,582 | S$483 psf |
| May 1999 | S$850,000 | 1,582 | S$537 psf |
| Apr 1999 | S$760,000 | 1,582 | S$480 psf |
| Oct 1997 | S$1,060,000 | 2,002 | S$529 psf |
30 sales and 42 rentals on record since Jan 1995. Source: URA.
Are prices at The Albany rising?
The median transacted PSF at The Albany has fallen 18% over the past 7 years (1995–2002), from S$525 psf to S$430 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2002 | S$430 psf | S$680k | 3 | -11.0% |
| 1999 | S$483 psf | S$765k | 5 | -8.7% |
| 1997 | S$529 psf | S$910k | 2 | -14.5% |
| 1996 | S$619 psf | S$1.20M | 4 | +17.9% |
| 1995 | S$525 psf | S$868k | 13 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around The Albany?
5,862 CEA-registered agents closed at least one recorded deal in District 11 — where The Albany 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.
Where is The Albany and what's nearby?
The Albany is located in Novena, in the Central Region of Singapore.
The Albany is a freehold apartment completed in 1992. It was developed by CITY DEVELOPMENTS LTD. The development has 177 residential units. It sits on a land area of 6,665 sqm and has a gross floor area of 10,807 sqm. The plot ratio is 1.62.
THE ALBANY is located at 376 Thomson Road, Singapore 298130. 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 Toa Payoh MRT, approximately 826m away, around 13 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.
Who built The Albany and how big is the development?
The Albany was developed by CITY DEVELOPMENTS LTD, with 177 units.
- Developer
- CITY DEVELOPMENTS LTD
- Blocks
- 1
- Land area
- 6,665 sqm (71,741 sqft)
- Gross floor area
- 10,807 sqm (116,325 sqft)
- Plot ratio
- 1.62
How far is The Albany from MRT and schools?
The nearest MRT/LRT to The Albany is Toa Payoh MRT, about 826 m away (~13 min walk). 3 schools are within 1 km, including 1 primary school.
Getting around
- Toa Payoh MRT826 m · ~13 min
- Novena MRT921 m · ~14 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority490 m
- Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km500 m
- Catholic Junior CollegeJunior collegewithin 1 km827 m
- Anglo-Chinese School (Barker Road)Secondary school1.2 km
- Kheng Cheng SchoolPrimary school1.2 km
- St. Joseph's Institution JuniorPrimary school1.3 km
- Anglo-Chinese School (Primary)Primary school1.3 km
- Marymount Convent SchoolPrimary school1.3 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at The Albany?
Buying a unit at The Albany (~S$815k) needs about S$5,966/mo in income and S$2,745/mo in repayments, after S$19,050 stamp duty and a S$204k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$815k) 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$19,050
BSD, tiered
Downpayment (25%)
S$204k
cash + CPF
Monthly instalment
S$2,745/mo
30y @ 3.5%
Income required
S$5,966/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 →
Thinking about The Albany? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from The Albany's own transactions.
PropKakiRecent units at The Albany sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Albany
How much does a unit at The Albany cost?⌄
Units at The Albany have recently transacted around S$815k (S$483 psf), from 30 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at The Albany?⌄
For a unit around S$815k as a first home, you'd need roughly S$5,966/mo in income (assessed at the stress-test rate), with repayments near S$2,745/mo after a S$204k (25%) downpayment and S$19,050 Buyer's Stamp Duty.
Is The Albany a good investment?⌄
Gross rental yield is about 2.7%; median PSF has fallen about 18% since 1995. 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 The Albany going up?⌄
The median transacted PSF at The Albany has fallen about 18% between 1995 and 2002, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is The Albany freehold or leasehold?⌄
The Albany is freehold — ownership does not expire.
When was The Albany built and who developed it?⌄
The Albany obtained TOP in 1992, developed by CITY DEVELOPMENTS LTD, with 177 units across 1 block.
What is the nearest MRT to The Albany?⌄
The nearest MRT/LRT station to The Albany is Toa Payoh MRT, about 826 m away (~13 min walk).
Which primary schools are within 1 km of The Albany?⌄
Chij Primary (Toa Payoh) is within 1 km of The Albany — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.