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Condo prices · D11

Novena Court

Jalan Novena Barat · D11 · Core central region · Apartment

The median sale at Novena Court was $1,285,000 — $1,510 psf — across 22 transactions between Oct 2021 and May 2026. Freehold.

Median price
$1,285,000
22 sales in the window.
Median per sq ft
$1,510 psf
Median unit 861 sq ft.
Lease remaining
Freehold
Freehold

Novena Court 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

Novena Court 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.

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$1445
  • 2022six sales$1479
  • 2023seven sales$1557
  • 2024five sales$1591
  • 2025two sales$1648
  • 2026one sale$1472
Show the figures
YearMedian pricePer sq ftSales
2021$1,120,000$1,445 psf1
2022$1,251,500$1,479 psf6
2023$1,340,800$1,557 psf7
2024$1,350,000$1,591 psf5
2025$1,419,000$1,648 psf2
2026$1,220,000$1,472 psf1

What it rents for

URA’s median of rental contracts lodged at Novena Court in 2025Q2, per square foot per month.

Median rent per sq ft
$4.52
A month. Middle half of contracts ran $4.06 to $5.02.
Gross yield
3.59%
A year of median rent against the median sale price.
Median sale per sq ft
$1,510 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 D11

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.