Wai Wing Centre
Wai Wing Centre is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 9 units across 1 block. Across 12 transactions on record, units have recently transacted around S$830k (S$600 psf, ~1,292 sqft).
What are the key facts about Wai Wing Centre?
Wai Wing Centre is a freehold apartment in District 12 (Novena) that obtained TOP in 1991, with 9 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1991
- Developer
- —
- Total units
- 9
- Blocks
- 1
- District / Area
- District 12 (Novena)
- Market segment
- RCR
- Median PSF
- S$600 psf
- Last transacted
- Jan 2021
- Remaining lease
- Freehold
What is the price and PSF at Wai Wing Centre?
Units have recently transacted around S$830k (S$600 psf), at a gross rental yield of about 4.2% (URA caveat data).
Recent median price
S$830k
recent · 12 sales on record
Median PSF
S$600 psf
recent transactions
Median rent (monthly)
S$2,900
36 rentals on record
Gross rental yield
4.2%
indicative, gross
Source: URA caveat data, through Jan 2021.
What has recently sold at Wai Wing Centre?
Wai Wing Centre has 12 recorded sales; the most recent transacted at S$1,280,000 in Jan 2021 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jan 2021 | S$1,280,000 | 1,292 | S$991 psf |
| Aug 2020 | S$1,252,000 | 1,292 | S$969 psf |
| Sept 2017 | S$1,039,000 | 1,292 | S$804 psf |
| Feb 2017 | S$1,060,000 | 1,292 | S$821 psf |
| Aug 2010 | S$830,000 | 1,292 | S$643 psf |
| Jan 2010 | S$1,650,000 | 2,616 | S$631 psf |
| Sept 2007 | S$735,000 | 1,292 | S$569 psf |
| Jul 2007 | S$1,288,000 | 2,616 | S$492 psf |
| Aug 1999 | S$620,000 | 1,292 | S$480 psf |
| Jan 1997 | S$770,000 | 1,292 | S$596 psf |
| May 1996 | S$775,000 | 1,292 | S$600 psf |
| Apr 1996 | S$760,000 | 1,292 | S$588 psf |
12 sales and 36 rentals on record since Apr 1996. Source: URA.
Are prices at Wai Wing Centre rising?
The median transacted PSF at Wai Wing Centre has risen 37% over the past 21 years (1996–2017), from S$588 psf to S$804 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2017 | S$804 psf | S$1.04M | 2 | +27.4% |
| 2010 | S$631 psf | S$830k | 2 | +28.3% |
| 2007 | S$492 psf | S$735k | 2 | -16.3% |
| 1996 | S$588 psf | S$760k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Wai Wing Centre?
6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Wai Wing Centre 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.
Where is Wai Wing Centre and what's nearby?
Wai Wing Centre is located in Novena, in the Central Region of Singapore.
Wai Wing Centre is a freehold apartment completed in 1991. The development has 9 residential units. It sits on a land area of 903 sqm and has a gross floor area of 2,709 sqm. The plot ratio is 3.0.
WAI WING CENTRE is located at 501 Balestier Road, Singapore 329844. 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 714m away, around 11 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.
Who built Wai Wing Centre and how big is the development?
Wai Wing Centre was developed by —, with 9 units.
- Blocks
- 1
- Land area
- 903 sqm (9,720 sqft)
- Gross floor area
- 2,709 sqm (29,159 sqft)
- Plot ratio
- 3.00
How far is Wai Wing Centre from MRT and schools?
The nearest MRT/LRT to Wai Wing Centre is Toa Payoh MRT, about 714 m away (~11 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Toa Payoh MRT714 m · ~11 min
- Novena MRT734 m · ~12 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km808 m
- Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority925 m
- St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority958 m
- Kheng Cheng SchoolPrimary school1.2 km
- Northlight SchoolSecondary school1.3 km
- Hong Wen SchoolPrimary school1.3 km
- Catholic Junior CollegeJunior college1.3 km
- Anglo-Chinese School (Barker Road)Secondary school1.4 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Wai Wing Centre?
Buying a unit at Wai Wing Centre (~S$830k) needs about S$6,076/mo in income and S$2,795/mo in repayments, after S$19,500 stamp duty and a S$208k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$830k) 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$19,500
BSD, tiered
Downpayment (25%)
S$208k
cash + CPF
Monthly instalment
S$2,795/mo
30y @ 3.5%
Income required
S$6,076/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 →
Thinking about Wai Wing Centre? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Wai Wing Centre's own transactions.
PropKakiRecent units at Wai Wing Centre sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Wai Wing Centre
How much does a unit at Wai Wing Centre cost?⌄
Units at Wai Wing Centre have recently transacted around S$830k (S$600 psf), from 12 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Wai Wing Centre?⌄
For a unit around S$830k as a first home, you'd need roughly S$6,076/mo in income (assessed at the stress-test rate), with repayments near S$2,795/mo after a S$208k (25%) downpayment and S$19,500 Buyer's Stamp Duty.
Is Wai Wing Centre a good investment?⌄
Gross rental yield is about 4.2%; median PSF has risen about 37% since 1996. 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 Wai Wing Centre going up?⌄
The median transacted PSF at Wai Wing Centre has risen about 37% between 1996 and 2017, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Wai Wing Centre freehold or leasehold?⌄
Wai Wing Centre is freehold — ownership does not expire.
When was Wai Wing Centre built and who developed it?⌄
Wai Wing Centre obtained TOP in 1991, with 9 units across 1 block.
What is the nearest MRT to Wai Wing Centre?⌄
The nearest MRT/LRT station to Wai Wing Centre is Toa Payoh MRT, about 714 m away (~11 min walk).
Which primary schools are within 1 km of Wai Wing Centre?⌄
Chij Primary (Toa Payoh), St. Joseph's Institution Junior are within 1 km of Wai Wing Centre — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.