Novena Suites
Moulmein Road · D11 · Core central region · Apartment
The median sale at Novena Suites was $1,975,000 — $2,111 psf — across 14 transactions between Feb 2022 and Aug 2026. Freehold.
Figures here are based on 14 sales.
Novena Suites saw three sales 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 Suites 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.
- 2022four sales$1761
- 2023three sales$2111
- 2024four sales$2099
- 2026three sales$2333
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $1,175,000 | $1,761 psf | 4 |
| 2023 | $2,000,000 | $2,111 psf | 3 |
| 2024 | $1,688,690 | $2,099 psf | 4 |
| 2026 | $2,210,000 | $2,333 psf | 3 |
What it rents for
URA’s median of rental contracts lodged at Novena Suites in 2026Q2, 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.