PropKaki
FreeholdRCRDistrict 12 (Novena)

Wai Wing Centre

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$830k (S$600 psf), from 12 sales on record.

1

What are the key facts about Wai Wing Centre?

Key Takeaway

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
2

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.

3

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.

4

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.

5

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.

6

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

7

Frequently asked questions about Wai Wing Centre

What is the price at Wai Wing Centre?

Units at Wai Wing Centre have recently transacted around S$830k (S$600 psf), from 12 sales on record (URA caveat data).

Is Wai Wing Centre freehold or leasehold?

Wai Wing Centre is freehold.

When was Wai Wing Centre built?

Wai Wing Centre obtained TOP in 1991.

What is the rental yield at Wai Wing Centre?

Gross rental yield at Wai Wing Centre is about 4.2%, based on median current rents and prices.

How many units are in Wai Wing Centre?

Wai Wing Centre has 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.

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