FreeholdRCRDistrict 12 (Novena)

Victory Heights

Reviewed by Nathan TangUpdated 10 August 2026Data through Jan 2025 (URA)
Quick Summary

Victory Heights is a freehold apartment in District 12 (Novena) that obtained TOP in 1997, with 34 units across 1 block. Across 64 transactions on record, units have recently transacted around S$1.09M (S$973 psf, ~1,119 sqft).

1

What are the key facts about Victory Heights?

Key Takeaway

Victory Heights is a freehold apartment in District 12 (Novena) that obtained TOP in 1997, with 34 units across 1 block.

Tenure
Freehold
TOP / Completion
1997
Developer
REALWORTH DEVELOPMENT PTE LTD
Total units
34
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$973 psf
Last transacted
Jan 2025
Remaining lease
Freehold
2

What is the price and PSF at Victory Heights?

Key Takeaway

Units have recently transacted around S$1.09M (S$973 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.09M

recent · 64 sales on record

Median PSF

S$973 psf

recent transactions

Median rent (monthly)

S$2,318

154 rentals on record

Gross rental yield

2.6%

indicative, gross

Source: URA caveat data, through Jan 2025.

3

What has recently sold at Victory Heights?

Key Takeaway

Victory Heights has 64 recorded sales; the most recent transacted at S$1,368,000 in Jan 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2025S$1,368,0001,109S$1,234 psf
Jul 2024S$1,488,8881,119S$1,330 psf
Aug 2023S$1,420,0001,119S$1,268 psf
Aug 2023S$1,150,0001,109S$1,037 psf
Nov 2021S$1,128,0001,119S$1,008 psf
Jan 2021S$1,150,0001,119S$1,027 psf
Apr 2020S$998,8881,119S$892 psf
Feb 2020S$1,088,8001,119S$973 psf
Jul 2017S$938,8881,109S$847 psf
Mar 2017S$920,0001,119S$822 psf
Jun 2016S$910,0001,109S$821 psf
Dec 2015S$900,0001,119S$804 psf

64 sales and 154 rentals on record since Sept 1996. Source: URA.

4

Are prices at Victory Heights rising?

Key Takeaway

The median transacted PSF at Victory Heights has risen 86% over the past 25 years (19982023), from S$557 psf to S$1,037 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,037 psfS$1.15M2+2.9%
2021S$1,008 psfS$1.13M2+13.0%
2020S$892 psfS$999k2+8.5%
2017S$822 psfS$920k2+7.2%
2011S$767 psfS$850k2+14.5%
2010S$670 psfS$750k2+10.4%
2007S$607 psfS$680k3+38.9%
2006S$437 psfS$485k2-20.5%
2000S$550 psfS$610k6-1.3%
1998S$557 psfS$617k11

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 Victory Heights?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Victory Heights 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 Victory Heights and what's nearby?

Key Takeaway

Victory Heights is located in Novena, in the Central Region of Singapore.

Victory Heights is a freehold apartment completed in 1997. It was developed by REALWORTH DEVELOPMENT PTE LTD. The development has 34 residential units. It sits on a land area of 1,190 sqm and has a gross floor area of 3,333 sqm. The plot ratio is 2.8.

VICTORY HEIGHTS is located at 13 Kim Keat Road, Singapore 328842. 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 Exit A, approximately 984m away, around 15 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 Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Covered car park, Playground, 24 hours security, and Swimming pool.

7

Who built Victory Heights and how big is the development?

Key Takeaway

Victory Heights was developed by REALWORTH DEVELOPMENT PTE LTD, with 34 units over up to 18 storeys.

Developer
REALWORTH DEVELOPMENT PTE LTD
Floors
18 storeys
Blocks
1
Land area
1,190 sqm (12,809 sqft)
Gross floor area
3,333 sqm (35,876 sqft)
Plot ratio
2.80
8

How far is Victory Heights from MRT and schools?

Key Takeaway

3 schools are within 1 km, including 1 primary school.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority631 m
  • Northlight SchoolSecondary schoolwithin 1 km685 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km930 m
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Farrer Park Primary SchoolPrimary school1.4 km
  • Chij Secondary (Toa Payoh)Secondary school1.4 km
  • Bendemeer Primary SchoolPrimary school1.5 km
  • Pei Chun Public SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 1.0 kmSupermarket: NTUC Fairprice Co-operative Ltd · 203 mHawker centre: Blks 91/92 Whampoa Drive # · 194 mPark: Toa Payoh Town Pk · 859 m

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

9

What facilities does Victory Heights have?

Key Takeaway

Victory Heights has 4 facilities, including Covered car park, Playground, 24 hours security, Swimming pool.

Covered car parkPlayground24 hours securitySwimming pool
10

What does it cost to own a unit at Victory Heights?

Key Takeaway

Buying a unit at Victory Heights (~S$1.09M) needs about S$7,970/mo in income and S$3,667/mo in repayments, after S$28,152 stamp duty and a S$272k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.09M) 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$28,152

BSD, tiered

Downpayment (25%)

S$272k

cash + CPF

Monthly instalment

S$3,667/mo

30y @ 3.5%

Income required

S$7,970/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 Victory Heights? Ask before you commit.

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

PropKaki
Is Victory Heights a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Victory Heights

How much does a unit at Victory Heights cost?

Units at Victory Heights have recently transacted around S$1.09M (S$973 psf), from 64 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Victory Heights?

For a unit around S$1.09M as a first home, you'd need roughly S$7,970/mo in income (assessed at the stress-test rate), with repayments near S$3,667/mo after a S$272k (25%) downpayment and S$28,152 Buyer's Stamp Duty.

Is Victory Heights a good investment?

Gross rental yield is about 2.6%; median PSF has risen about 86% since 1998. 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 Victory Heights going up?

The median transacted PSF at Victory Heights has risen about 86% between 1998 and 2023, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Victory Heights freehold or leasehold?

Victory Heights is freehold — ownership does not expire.

When was Victory Heights built and who developed it?

Victory Heights obtained TOP in 1997, developed by REALWORTH DEVELOPMENT PTE LTD, with 34 units across 1 block.

Which primary schools are within 1 km of Victory Heights?

Hong Wen School is within 1 km of Victory Heights — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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