FreeholdCCRDistrict 11 (Novena)

Villa Chancerita

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

Villa Chancerita is a freehold apartment in District 11 (Novena) that obtained TOP in 1992, with 15 units across 1 block. Across 23 transactions on record, units have recently transacted around S$1.80M (S$1,013 psf, ~1,647 sqft).

1

What are the key facts about Villa Chancerita?

Key Takeaway

Villa Chancerita is a freehold apartment in District 11 (Novena) that obtained TOP in 1992, with 15 units across 1 block.

Tenure
Freehold
TOP / Completion
1992
Developer
YKK DEVELOPMENT (S) PTE LTD
Total units
15
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,013 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at Villa Chancerita?

Key Takeaway

Units have recently transacted around S$1.80M (S$1,013 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.80M

recent · 23 sales on record

Median PSF

S$1,013 psf

recent transactions

Median rent (monthly)

S$4,022

32 rentals on record

Gross rental yield

2.7%

indicative, gross

Source: URA caveat data, through May 2026.

3

What has recently sold at Villa Chancerita?

Key Takeaway

Villa Chancerita has 23 recorded sales; the most recent transacted at S$3,100,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$3,100,0001,647S$1,882 psf
Sept 2020S$2,300,0001,647S$1,397 psf
May 2018S$2,470,0001,776S$1,391 psf
Jul 2010S$2,250,0001,776S$1,267 psf
Aug 2009S$1,860,0001,776S$1,047 psf
Aug 2007S$2,200,0001,776S$1,239 psf
Apr 2007S$1,410,0001,593S$885 psf
Apr 2007S$1,600,0001,636S$978 psf
Apr 2007S$1,800,0001,776S$1,013 psf
Mar 2007S$1,388,8001,776S$782 psf
Nov 2006S$1,080,0001,647S$656 psf
Jun 2006S$916,0001,636S$560 psf

23 sales and 32 rentals on record since May 1995. Source: URA.

4

Are prices at Villa Chancerita rising?

Key Takeaway

The median transacted PSF at Villa Chancerita has risen 48% over the past 8 years (19992007), from S$659 psf to S$978 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2007S$978 psfS$1.60M5+74.6%
2006S$560 psfS$920k5+16.2%
2003S$482 psfS$850k2-26.9%
1999S$659 psfS$1.05M4

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 Villa Chancerita?

Key Takeaway

5,862 CEA-registered agents closed at least one recorded deal in District 11 — where Villa Chancerita sits — in the last 12 months, across all property types.

Active agents · 12mo

5,862

District 11 · closed ≥1 deal

Deals on record

30,333

all-time · all property types

Source: CEA public transaction records, attributed to District 11across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Villa Chancerita and what's nearby?

Key Takeaway

Villa Chancerita is located in Novena, in the Central Region of Singapore.

Villa Chancerita is a freehold apartment completed in 1992. It was developed by YKK DEVELOPMENT (S) PTE LTD. The development has 15 residential units. It sits on a land area of 3,063 sqm.

VILLA CHANCERITA is located at 16 Chancery Hill Road, Singapore 309657. 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 Novena MRT, approximately 834m away, around 13 minutes on foot. Nearby amenities include Square 2 for shopping, COLD STORAGE SINGAPORE (1983) PTE LTD for groceries, and Novena Rise Pk for greenery and recreation. Facilities in the development include Covered car park, Game room, 24 hours security, and Swimming pool.

7

Who built Villa Chancerita and how big is the development?

Key Takeaway

Villa Chancerita was developed by YKK DEVELOPMENT (S) PTE LTD, with 15 units.

Developer
YKK DEVELOPMENT (S) PTE LTD
Blocks
1
Land area
3,063 sqm (32,970 sqft)
8

How far is Villa Chancerita from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Villa Chancerita is Novena MRT, about 835 m away (~13 min walk). 5 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.

  • Catholic Junior CollegeJunior collegewithin 1 km381 m
  • Anglo-Chinese School (Barker Road)Secondary schoolwithin 1 km716 m
  • Anglo-Chinese School (Primary)Primary schoolwithin 1 km · P1 priority852 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority893 m
  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km947 m
  • St. Joseph's InstitutionMixed-level school1.1 km
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Singapore Chinese Girls' Primary SchoolPrimary school1.3 km

Shops, food & parks

Mall: Square 2 · 843 mSupermarket: Cold Storage Singapore (1983) Pte Ltd · 606 mPark: Novena Rise Pk · 515 m

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

9

What facilities does Villa Chancerita have?

Key Takeaway

Villa Chancerita has 4 facilities, including Covered car park, Game room, 24 hours security, Swimming pool.

Covered car parkGame room24 hours securitySwimming pool
10

What does it cost to own a unit at Villa Chancerita?

Key Takeaway

Buying a unit at Villa Chancerita (~S$1.80M) needs about S$13,177/mo in income and S$6,062/mo in repayments, after S$59,600 stamp duty and a S$450k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.80M) 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$59,600

BSD, tiered

Downpayment (25%)

S$450k

cash + CPF

Monthly instalment

S$6,062/mo

30y @ 3.5%

Income required

S$13,177/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 Villa Chancerita? Ask before you commit.

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

PropKaki
Is Villa Chancerita a good buy, and what are units selling for?

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

Ask anything about Singapore property…
11

Frequently asked questions about Villa Chancerita

How much does a unit at Villa Chancerita cost?

Units at Villa Chancerita have recently transacted around S$1.80M (S$1,013 psf), from 23 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Villa Chancerita?

For a unit around S$1.80M as a first home, you'd need roughly S$13,177/mo in income (assessed at the stress-test rate), with repayments near S$6,062/mo after a S$450k (25%) downpayment and S$59,600 Buyer's Stamp Duty.

Is Villa Chancerita a good investment?

Gross rental yield is about 2.7%; median PSF has risen about 48% since 1999. 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 Villa Chancerita going up?

The median transacted PSF at Villa Chancerita has risen about 48% between 1999 and 2007, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Villa Chancerita freehold or leasehold?

Villa Chancerita is freehold — ownership does not expire.

When was Villa Chancerita built and who developed it?

Villa Chancerita obtained TOP in 1992, developed by YKK DEVELOPMENT (S) PTE LTD, with 15 units across 1 block.

What is the nearest MRT to Villa Chancerita?

The nearest MRT/LRT station to Villa Chancerita is Novena MRT, about 835 m away (~13 min walk).

Which primary schools are within 1 km of Villa Chancerita?

Anglo-Chinese School (Primary), Chij Primary (Toa Payoh) are within 1 km of Villa Chancerita — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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