FreeholdRCRDistrict 12 (Novena)

Wai Wing Centre

Reviewed by Nathan TangUpdated 24 September 2026Data through Jan 2021 (URA)
Quick Summary

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).

Key facts about Wai Wing Centre
TenureFreehold
TOP year1991
Units9 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 714 m (~11 min walk)
Latest median psfS$600 psf, last 12 URA caveats to Jan 2021
1

What's for sale and for rent at Wai Wing Centre?

Key Takeaway

Wai Wing Centre has 0 units listed for sale, and 2 units for rent at a median of S$1,500 a month.

For sale

0 listings

no asking prices

For rent

2 listings

S$1,500 – S$1,500 a month

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Wai Wing Centre?

Key Takeaway

Floor plans for Wai Wing Centre aren't in PropKaki's library yet. Across 12 URA caveats, units range from 1,292 sqft to 2,616 sqft, and the middle half are 1,292 sqft to 1,292 sqft.

3

What is the price and PSF at Wai Wing Centre?

Key Takeaway

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.

4

What has recently sold at Wai Wing Centre?

Key Takeaway

Wai Wing Centre has 12 recorded sales; the most recent transacted at S$1,280,000 in Jan 2021 (URA caveat data).

DatePriceSize (sqft)PSF
Jan 2021S$1,280,0001,292S$991 psf
Aug 2020S$1,252,0001,292S$969 psf
Sept 2017S$1,039,0001,292S$804 psf
Feb 2017S$1,060,0001,292S$821 psf
Aug 2010S$830,0001,292S$643 psf
Jan 2010S$1,650,0002,616S$631 psf
Sept 2007S$735,0001,292S$569 psf
Jul 2007S$1,288,0002,616S$492 psf
Aug 1999S$620,0001,292S$480 psf
Jan 1997S$770,0001,292S$596 psf
May 1996S$775,0001,292S$600 psf
Apr 1996S$760,0001,292S$588 psf

12 sales and 36 rentals on record since Apr 1996. Source: URA.

5

Are prices at Wai Wing Centre rising?

Key Takeaway

The median transacted PSF at Wai Wing Centre has risen 37% over the past 21 years (19962017), from S$588 psf to S$804 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2017S$804 psfS$1.04M2+27.4%
2010S$631 psfS$830k2+28.3%
2007S$492 psfS$735k2-16.3%
1996S$588 psfS$760k2

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Wai Wing Centre a good investment?

Key Takeaway

Wai Wing Centre has only 5 resales on record, too few to judge on its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 4.2%. Past resale results don't predict future returns, and this is not financial advice.

District 12 sold for more

87%

of 7,946 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Wai Wing Centre has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →

7

Where is Wai Wing Centre and what's nearby?

Key Takeaway

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.

8

How far is Wai Wing Centre from MRT and schools?

Key Takeaway

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

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

Mall: Square 2 · 691 mSupermarket: NTUC Fairprice Co-operative Ltd · 106 mHawker centre: Blks 91/92 Whampoa Drive # · 844 mPark: Toa Payoh Town Pk · 494 m

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

9

Who built Wai Wing Centre and how big is the development?

Key Takeaway

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
10

What does it cost to own a unit at Wai Wing Centre?

Key Takeaway

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

Read how to tell if a condo is profitable →

11

How many property agents are active around Wai Wing Centre?

Key Takeaway

6,318 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

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

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.

PropKaki
Is Wai Wing Centre a good buy, and what are units selling for?

Recent units at Wai Wing Centre sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Wai Wing Centre

Is Wai Wing Centre freehold?

Yes. Wai Wing Centre is freehold, so ownership does not run out.

How old is Wai Wing Centre?

Wai Wing Centre was completed (obtained TOP) in 1991, so it is about 35 years old.

Is Wai Wing Centre a good investment?

Wai Wing Centre has only 5 resales on record, too few to judge on its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 4.2%. Past resale results don't predict future returns, and this is not financial advice.

Is Wai Wing Centre an EC?

No. Wai Wing Centre is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Wai Wing Centre?

Units at Wai Wing Centre have recently sold for around S$830k (S$600 psf), the median of the last 12 URA caveats to Jan 2021. The price depends on size, floor and facing.

Where is Wai Wing Centre located?

Wai Wing Centre is at 501 Balestier Road, Singapore 329844, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 714 m away.

How many units are there in Wai Wing Centre?

Wai Wing Centre has 9 units in 1 block.

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.

Are prices at Wai Wing Centre going up?

The median price per square foot at Wai Wing Centre has risen about 37% between 1996 and 2017, based on URA caveats. The year-by-year figures are in the price-trend table above.

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 get priority in Primary 1 (P1) registration.