FreeholdRCRDistrict 12 (Novena)

The Sapphire

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

The Sapphire is a freehold apartment in District 12 (Novena) that obtained TOP in 1989. Across 21 transactions on record, units have recently transacted around S$490k (S$399 psf, ~1,259 sqft).

Key facts about The Sapphire
TenureFreehold
TOP year1989
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 625 m (~10 min walk)
Latest median psfS$399 psf, last 12 URA caveats to Apr 2007
1

What's for sale and for rent at The Sapphire?

Key Takeaway

No units at The Sapphire 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 The Sapphire?

Key Takeaway

Floor plans for The Sapphire aren't in PropKaki's library yet. Across 21 URA caveats, units range from 829 sqft to 29,795 sqft, and the middle half are 1,259 sqft to 1,259 sqft.

3

What is the price and PSF at The Sapphire?

Key Takeaway

Units have recently transacted around S$490k (S$399 psf), at a gross rental yield of about 3.3% (URA caveat data).

Recent median price

S$490k

recent · 21 sales on record

Median PSF

S$399 psf

recent transactions

Median rent (monthly)

S$1,350

27 rentals on record

Gross rental yield

3.3%

indicative, gross

Source: URA caveat data, through Apr 2007.

4

What has recently sold at The Sapphire?

Key Takeaway

The Sapphire has 21 recorded sales; the most recent transacted at S$19,000,000 in Apr 2007 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2007S$19,000,00029,795S$638 psf
Jul 2006S$458,0001,259S$364 psf
Jul 2006S$545,0001,259S$433 psf
Jun 2006S$430,0001,259S$341 psf
Jan 2006S$503,0001,259S$399 psf
Nov 2005S$485,0001,259S$385 psf
Aug 2005S$490,0001,259S$389 psf
May 2005S$515,0001,259S$409 psf
Jan 2005S$370,000829S$446 psf
Jan 2005S$506,0001,259S$402 psf
Aug 2004S$515,0001,259S$409 psf
Aug 2004S$490,0001,259S$389 psf

21 sales and 27 rentals on record since Jun 1995. Source: URA.

5

Are prices at The Sapphire rising?

Key Takeaway

The median transacted PSF at The Sapphire has fallen 32% over the past 11 years (19952006), from S$536 psf to S$364 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2006S$364 psfS$458k4-9.5%
2005S$402 psfS$490k5-1.7%
2004S$409 psfS$515k3-34.3%
1996S$623 psfS$750k5+16.2%
1995S$536 psfS$675k3

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is The Sapphire a good investment?

Key Takeaway

The Sapphire 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). Its gross rental yield is about 3.3%. 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

The Sapphire 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 →

7

Where is The Sapphire and what's nearby?

Key Takeaway

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

The Sapphire is a freehold apartment completed in 1989.

THE SAPPHIRE is located at 53 Jalan Dusun, Singapore 329374. 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 Toa Payoh MRT, approximately 625m away, around 10 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.

8

How far is The Sapphire from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Sapphire is Toa Payoh MRT, about 625 m away (~10 min walk). 2 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 km448 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority521 m
  • Kheng Cheng SchoolPrimary school1.1 km
  • Catholic Junior CollegeJunior college1.1 km
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Anglo-Chinese School (Barker Road)Secondary school1.3 km
  • Marymount Convent SchoolPrimary school1.4 km
  • Anglo-Chinese School (Primary)Primary school1.4 km

Shops, food & parks

Mall: Square 2 · 864 mSupermarket: NTUC Fairprice Co-operative Ltd · 346 mPark: Novena Rise Pk · 437 m

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

9

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

Key Takeaway

Buying a unit at The Sapphire (~S$490k) needs about S$3,587/mo in income and S$1,650/mo in repayments, after S$9,300 stamp duty and a S$123k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$490k) 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$9,300

BSD, tiered

Downpayment (25%)

S$123k

cash + CPF

Monthly instalment

S$1,650/mo

30y @ 3.5%

Income required

S$3,587/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around The Sapphire?

Key Takeaway

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

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about The Sapphire

Is The Sapphire freehold?

Yes. The Sapphire is freehold, so ownership does not run out.

How old is The Sapphire?

The Sapphire was completed (obtained TOP) in 1989, so it is about 37 years old.

Is The Sapphire a good investment?

The Sapphire 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). Its gross rental yield is about 3.3%. Past resale results don't predict future returns, and this is not financial advice.

Is The Sapphire an EC?

No. The Sapphire is a private apartment development, not an executive condominium (EC).

What is the price of a condo at The Sapphire?

Units at The Sapphire have recently sold for around S$490k (S$399 psf), the median of the last 12 URA caveats to Apr 2007. The price depends on size, floor and facing.

Where is The Sapphire located?

The Sapphire is at 53 Jalan Dusun, Singapore 329374, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 625 m away.

How much do I need to earn to buy at The Sapphire?

For a unit around S$490k as a first home, you'd need roughly S$3,587/mo in income (assessed at the stress-test rate), with repayments near S$1,650/mo after a S$123k (25%) downpayment and S$9,300 Buyer's Stamp Duty.

Are prices at The Sapphire going up?

The median price per square foot at The Sapphire has fallen about 32% between 1995 and 2006, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Sapphire?

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