Frequently Asked Questions
Yes — Prime District 11 has historically shown strong capital appreciation, and Novena's freehold condos benefit from scarcity in new supply. The area's medical hub, good schools, and MRT access make it consistently attractive to both owner-occupiers and investors.
PSF typically ranges from S$1,800 to S$2,800 for established freehold developments, with newer or boutique projects sometimes exceeding this. Entry-level 1-bedrooms start from around S$1.2M, while 2- and 3-bedroom units commonly range from S$2M to S$4M.
Yes — freehold tenure is the norm in Novena, not the exception. Most condos in the area are either freehold or 999-year leasehold, making them a preferred choice for buyers prioritising long-term asset value.
Novena (NS20) on the North-South Line is the primary station, with Newton (NS21/DT11) also accessible for many developments. Both stations connect directly to Orchard Road and the CBD, with journey times typically under 10 minutes.
Novena combines prime location with a quieter residential atmosphere than nearby Orchard. The medical hub provides world-class healthcare access, Velocity @ Novena Square and United Square offer everyday conveniences, and Zhongshan Park adds green space close to many developments.
Well-regarded projects include Fyve Derbyshire, 35 Gilstead, Neu at Novena, and RV Altitude. Most are boutique freehold developments catering to buyers who value exclusivity, quality finishes, and a prestigious address.
Buyers skew towards high-net-worth Singaporeans, PRs, and foreign professionals — particularly those in the medical or financial sectors. Families prioritising school proximity and healthcare access also make up a significant share of owner-occupier demand.
Square 2 and Velocity @ Novena Square sit directly above Novena MRT, offering groceries, dining, and retail in one location. United Square is steps away, and the Novena medical cluster — including Tan Tock Seng Hospital and Mount Elizabeth Novena — is the area's defining amenity.
