FreeholdRCRDistrict 12 (Novena)

The Centrio

Reviewed by Nathan TangUpdated 11 August 2026Data through May 2026 (URA)
Quick Summary

The Centrio is a freehold apartment in District 12 (Novena) that obtained TOP in 2009, with 53 units across 1 block. Across 114 transactions on record, units have recently transacted around S$1.62M (S$1,610 psf, ~980 sqft). There are 4 units for sale from S$2.15M to S$2.28M.

1

What are the key facts about The Centrio?

Key Takeaway

The Centrio is a freehold apartment in District 12 (Novena) that obtained TOP in 2009, with 53 units across 1 block.

Tenure
Freehold
TOP / Completion
2009
Developer
SB (RAINTREE) DEVELOPMENT PTE LTD
Total units
53
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,610 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at The Centrio?

Key Takeaway

Units have recently transacted around S$1.62M (S$1,610 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.62M

recent · 114 sales on record

Median PSF

S$1,610 psf

recent transactions

Median rent (monthly)

S$3,584

280 rentals on record

Gross rental yield

2.7%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at The Centrio?

Key Takeaway

The Centrio has 114 recorded sales; the most recent transacted at S$3,960,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$3,960,0002,971S$1,333 psf
Mar 2025S$982,888614S$1,602 psf
Nov 2024S$1,680,000980S$1,715 psf
Oct 2024S$2,220,0001,216S$1,825 psf
Sept 2024S$1,680,000980S$1,715 psf
Aug 2024S$1,720,000980S$1,756 psf
May 2023S$1,020,000614S$1,662 psf
Sept 2022S$1,618,000980S$1,652 psf
Sept 2022S$988,000614S$1,610 psf
Jun 2022S$980,000614S$1,597 psf
Dec 2021S$1,800,0001,206S$1,493 psf
Sept 2021S$1,560,000980S$1,593 psf

114 sales and 280 rentals on record since May 2007. Source: URA.

4

Are prices at The Centrio rising?

Key Takeaway

The median transacted PSF at The Centrio has risen 46% over the past 14 years (20102024), from S$1,174 psf to S$1,715 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2024S$1,715 psfS$1.68M4+6.5%
2022S$1,610 psfS$988k3+10.0%
2021S$1,463 psfS$1.78M7+3.1%
2020S$1,419 psfS$1.46M3+1.8%
2018S$1,394 psfS$1.70M3+6.5%
2017S$1,309 psfS$1.65M2-18.2%
2013S$1,601 psfS$990k5+14.4%
2012S$1,399 psfS$1.37M5+7.5%
2011S$1,301 psfS$1.70M6+10.8%
2010S$1,174 psfS$1.35M14

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 The Centrio?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where The Centrio 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 12across 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 The Centrio?

Key Takeaway

The Centrio has 4 units listed for sale, spanning 3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom4S$2.15M–S$2.28M
7

Where is The Centrio and what's nearby?

Key Takeaway

The Centrio is located in Novena, in the Central Region of Singapore.

The Centrio is a freehold apartment completed in 2009. It was developed by SB (RAINTREE) DEVELOPMENT PTE LTD. The development has 53 residential units. It sits on a land area of 1,701 sqm and has a gross floor area of 4,762 sqm. The plot ratio is 2.8.

THE CENTRIO is located at 53 Irrawaddy Road, Singapore 329552. 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 600m away, around 9 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. Facilities in the development include Gymnasium room, Jacuzzi, Playground, and Swimming pool.

8

Who built The Centrio and how big is the development?

Key Takeaway

The Centrio was developed by SB (RAINTREE) DEVELOPMENT PTE LTD, with 53 units over up to 15 storeys.

Developer
SB (RAINTREE) DEVELOPMENT PTE LTD
Floors
15 storeys
Blocks
1
Land area
1,701 sqm (18,309 sqft)
Gross floor area
4,762 sqm (51,258 sqft)
Plot ratio
2.80
9

How far is The Centrio from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Centrio is Novena MRT, about 600 m away (~9 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.

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority847 m
  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km854 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority953 m
  • Catholic Junior CollegeJunior college1.2 km
  • Northlight SchoolSecondary school1.3 km
  • Anglo-Chinese School (Barker Road)Secondary school1.3 km
  • Hong Wen SchoolPrimary school1.3 km
  • Kheng Cheng SchoolPrimary school1.3 km

Shops, food & parks

Mall: Square 2 · 558 mSupermarket: NTUC Fairprice Co-operative Ltd · 194 mHawker centre: Blks 91/92 Whampoa Drive # · 908 mPark: Novena Rise Pk · 371 m

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

10

What facilities does The Centrio have?

Key Takeaway

The Centrio has 4 facilities, including Gymnasium room, Jacuzzi, Playground, Swimming pool.

Gymnasium roomJacuzziPlaygroundSwimming pool
11

What does it cost to own a unit at The Centrio?

Key Takeaway

Buying a unit at The Centrio (~S$1.62M) needs about S$11,844/mo in income and S$5,449/mo in repayments, after S$50,500 stamp duty and a S$405k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.62M) 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$50,500

BSD, tiered

Downpayment (25%)

S$405k

cash + CPF

Monthly instalment

S$5,449/mo

30y @ 3.5%

Income required

S$11,844/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 The Centrio? Ask before you commit.

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

PropKaki
Is The Centrio a good buy, and what are units selling for?

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

Ask anything about Singapore property…
12

Frequently asked questions about The Centrio

How much does a unit at The Centrio cost?

Units at The Centrio have recently transacted around S$1.62M (S$1,610 psf), from 114 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 Centrio?

For a unit around S$1.62M as a first home, you'd need roughly S$11,844/mo in income (assessed at the stress-test rate), with repayments near S$5,449/mo after a S$405k (25%) downpayment and S$50,500 Buyer's Stamp Duty.

Is The Centrio a good investment?

Gross rental yield is about 2.7%; median PSF has risen about 46% since 2010. 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 Centrio going up?

The median transacted PSF at The Centrio has risen about 46% between 2010 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is The Centrio freehold or leasehold?

The Centrio is freehold — ownership does not expire.

When was The Centrio built and who developed it?

The Centrio obtained TOP in 2009, developed by SB (RAINTREE) DEVELOPMENT PTE LTD, with 53 units across 1 block.

How many units are for sale at The Centrio?

There are 4 units for sale at The Centrio, from S$2.15M to S$2.28M.

What is the nearest MRT to The Centrio?

The nearest MRT/LRT station to The Centrio is Novena MRT, about 600 m away (~9 min walk).

Which primary schools are within 1 km of The Centrio?

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

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