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Condo prices · D14

Noma

Guillemard Road · D14 · Rest of central region · Apartment

The median sale at Noma was $1,090,000 — $1,753 psf — across six transactions between Nov 2021 and May 2026. Freehold.

Figures here are based on just six sales, which is too few to call a market rate.

Median price
$1,090,000
six sales in the window.
Median per sq ft
$1,753 psf
Median unit 635 sq ft.
Lease remaining
Freehold
Freehold

Noma 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

Noma 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 saleMedian pricePer sq ftSales
New sale$1,972,888$1,478 psf1
Sub-sale$1,500,000$1,764 psf1
Resale$950,000$1,754 psf4

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.

  • 2021one sale$1478
  • 2024one sale$1764
  • 2025three sales$1765
  • 2026one sale$1693
Show the figures
YearMedian pricePer sq ftSales
2021$1,972,888$1,478 psf1
2024$1,500,000$1,764 psf1
2025$850,000$1,765 psf3
2026$1,130,000$1,693 psf1

What it rents for

URA’s median of rental contracts lodged at Noma in 2024Q2, per square foot per month.

Median rent per sq ft
$5.47
A month. Middle half of contracts ran $5.20 to $5.72.
Gross yield
3.74%
A year of median rent against the median sale price.
Median sale per sq ft
$1,753 psf
The figure the rent is divided into.

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 D14

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.