FreeholdRCRDistrict 12 (Novena)

The Sapphire

Reviewed by Nathan TangUpdated 10 August 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).

1

What are the key facts about The Sapphire?

Key Takeaway

The Sapphire is a freehold apartment in District 12 (Novena) that obtained TOP in 1989.

Tenure
Freehold
TOP / Completion
1989
Developer
Total units
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$399 psf
Last transacted
Apr 2007
Remaining lease
Freehold
2

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.

3

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.

4

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.

5

How many property agents are active around The Sapphire?

Key Takeaway

6,316 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

6,316

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.

6

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.

7

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.

8

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

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 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…
9

Frequently asked questions about The Sapphire

How much does a unit at The Sapphire cost?

Units at The Sapphire have recently transacted around S$490k (S$399 psf), from 21 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 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.

Is The Sapphire a good investment?

Gross rental yield is about 3.3%; median PSF has fallen about 32% 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 Sapphire going up?

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

Is The Sapphire freehold or leasehold?

The Sapphire is freehold — ownership does not expire.

When was The Sapphire built and who developed it?

The Sapphire obtained TOP in 1989.

What is the nearest MRT to The Sapphire?

The nearest MRT/LRT station to The Sapphire is Toa Payoh MRT, about 625 m away (~10 min walk).

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 qualify for Primary 1 (P1) registration priority.

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