The Spinnaker
The Spinnaker is a freehold apartment in District 11 (Novena) that obtained TOP in 1999, with 36 units across 1 block. Units have recently transacted around S$2.10M (S$1,556 psf), from 81 sales on record. There are 6 units for sale from S$2.80M to S$4.35M.
What are the key facts about The Spinnaker?
The Spinnaker is a freehold apartment in District 11 (Novena) that obtained TOP in 1999, with 36 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1999
- Developer
- PALMIRA PTE LTD (LIANG COURT HOLDINGS LTD) & ESQUIRE PROPERTIES PTE LTD
- Total units
- 36
- Blocks
- 1
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$1,556 psf
- Last transacted
- Jul 2025
- Remaining lease
- Freehold
What is the price and PSF at The Spinnaker?
Units have recently transacted around S$2.10M (S$1,556 psf), at a gross rental yield of about 2.0% (URA caveat data).
Recent median price
S$2.10M
recent · 81 sales on record
Median PSF
S$1,556 psf
recent transactions
Median rent (monthly)
S$3,554
202 rentals on record
Gross rental yield
2.0%
indicative, gross
Units currently for sale are asking a median of S$1,906 psf — about 22% above the most recent transacted PSF.
Source: URA caveat data, through Jul 2025.
What has recently sold at The Spinnaker?
The Spinnaker has 81 recorded sales; the most recent transacted at S$2,600,000 in Jul 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2025 | S$2,600,000 | 1,378 | S$1,887 psf |
| Mar 2025 | S$2,380,000 | 1,313 | S$1,812 psf |
| Mar 2022 | S$2,100,000 | 1,281 | S$1,639 psf |
| Mar 2022 | S$2,230,000 | 1,270 | S$1,756 psf |
| Dec 2021 | S$3,550,000 | 2,282 | S$1,556 psf |
| Aug 2021 | S$2,150,000 | 1,302 | S$1,651 psf |
| Dec 2020 | S$2,180,000 | 1,346 | S$1,620 psf |
| Oct 2020 | S$1,960,000 | 1,270 | S$1,543 psf |
| Oct 2019 | S$1,900,000 | 1,302 | S$1,459 psf |
| Oct 2019 | S$1,900,000 | 1,335 | S$1,424 psf |
| Nov 2017 | S$1,760,000 | 1,270 | S$1,386 psf |
| Nov 2017 | S$1,765,000 | 1,302 | S$1,355 psf |
81 sales and 202 rentals on record since Feb 1999. Source: URA.
What bedroom types are available at The Spinnaker?
The Spinnaker has 6 units listed for sale, spanning 1–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 1 | S$4.35M–S$4.35M | — |
| 3-bedroom | 1 | S$2.80M–S$2.80M | — |
| 4-bedroom | 4 | S$4.35M–S$4.35M | S$1,906 psf |
Where is The Spinnaker and what's nearby?
The Spinnaker is located in Novena, in the Central Region of Singapore.
The Spinnaker is a freehold apartment completed in 1999. It was developed by PALMIRA PTE LTD (LIANG COURT HOLDINGS LTD) & ESQUIRE PROPERTIES PTE LTD. The development has 36 residential units. It sits on a land area of 1,731 sqm and has a gross floor area of 4,847 sqm. The plot ratio is 2.8.
THE SPINNAKER is located at 13 Suffolk Road, Singapore 307788. 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 Newton MRT, approximately 697m away, around 11 minutes on foot. Nearby amenities include United Square for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, Newton Food Centre for food options, and Hooper Rd Pg for greenery and recreation. Facilities in the development include Barbeque Area, Playground, Swimming pool, and Tennis courts.
How far is The Spinnaker from MRT and schools?
The nearest MRT/LRT to The Spinnaker is Newton MRT, about 697 m away (~11 min walk). 3 schools are within 1 km, including 3 primary schools.
Getting around
- Newton MRT697 m · ~11 min
- Novena MRT706 m · ~11 min
- Little India MRT943 m · ~15 min
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 priority443 m
- Anglo-Chinese School (Junior)Primary schoolwithin 1 km · P1 priority626 m
- Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority778 m
- Anglo-Chinese School (Primary)Primary school1.0 km
- Anglo-Chinese School (Barker Road)Secondary school1.1 km
- St. Margaret's School (Primary)Primary school1.2 km
- Northlight SchoolSecondary school1.4 km
- Catholic Junior CollegeJunior college1.5 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does The Spinnaker have?
The Spinnaker has 4 facilities, including Barbeque Area, Playground, Swimming pool, Tennis courts.
What does it cost to own a unit at The Spinnaker?
Buying a unit at The Spinnaker (~S$2.10M) needs about S$15,373/mo in income and S$7,072/mo in repayments, after S$74,600 stamp duty and a S$525k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.10M) 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$74,600
BSD, tiered
Downpayment (25%)
S$525k
cash + CPF
Monthly instalment
S$7,072/mo
30y @ 3.5%
Income required
S$15,373/mo
TDSR @ stress rate
Frequently asked questions about The Spinnaker
What is the price at The Spinnaker?⌄
Units at The Spinnaker have recently transacted around S$2.10M (S$1,556 psf), from 81 sales on record (URA caveat data).
What is the PSF at The Spinnaker?⌄
Units for sale at The Spinnaker are asking a median of about S$1,906 psf.
Is The Spinnaker freehold or leasehold?⌄
The Spinnaker is freehold.
When was The Spinnaker built?⌄
The Spinnaker obtained TOP in 1999, developed by PALMIRA PTE LTD (LIANG COURT HOLDINGS LTD) & ESQUIRE PROPERTIES PTE LTD.
How many units are for sale at The Spinnaker?⌄
There are 6 units for sale at The Spinnaker, from S$2.80M to S$4.35M.
What is the rental yield at The Spinnaker?⌄
Gross rental yield at The Spinnaker is about 2.0%, based on median current rents and prices.
How many units are in The Spinnaker?⌄
The Spinnaker has 36 units across 1 block.
What facilities does The Spinnaker have?⌄
The Spinnaker has 4 facilities, including Barbeque Area, Playground, Swimming pool, Tennis courts.
What is the nearest MRT to The Spinnaker?⌄
The nearest MRT/LRT station to The Spinnaker is Newton MRT, about 697 m away (~11 min walk).
Which primary schools are within 1 km of The Spinnaker?⌄
St. Joseph's Institution Junior, Anglo-Chinese School (Junior), Farrer Park Primary School are within 1 km of The Spinnaker — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
