Neu At Novena
Moulmein Rise · D11 · Core central region · Apartment
The median sale at Neu At Novena was $2,136,000 — $2,693 psf — across 16 transactions between June 2022 and Aug 2026. Freehold.
Figures here are based on 16 sales.
Neu At Novena saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
What it costs per month of lease
Neu At Novena is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $2,305,000 | $2,676 psf | 11 |
| Sub-sale | $1,679,944 | $2,724 psf | 4 |
| Resale | $2,390,000 | $2,922 psf | 1 |
Year by year
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2022four sales$2693
- 2023eight sales$2589
- 2025three sales$2726
- 2026one sale$2922
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $1,862,000 | $2,693 psf | 4 |
| 2023 | $3,064,000 | $2,589 psf | 8 |
| 2025 | $1,865,000 | $2,726 psf | 3 |
| 2026 | $2,390,000 | $2,922 psf | 1 |
What it rents for
URA’s median of rental contracts lodged at Neu At Novena in 2026Q3, per square foot per month.
Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.
Other developments in D11
- Dunearn House · $3,107 psf
- The Serra Residences · $3,315 psf
- Hillcrest Arcadia · $1,265 psf
- Sanctuary@Newton · $2,691 psf
- 10 Evelyn · $2,742 psf
- Watten House · $3,231 psf
- Park Infinia At Wee Nam · $2,391 psf
- Amaryllis Ville · $1,985 psf
Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.