Most Singapore homeowners would have heard the saying that property is a hedge against inflation. It sounds straightforward: when the cost of everything goes up, property prices should go up too. There is some truth to this, but the actual relationship is much more interesting. Inflation can support property values over the long term because […]
Property Project Intelligence
NOVELIS
SINARAN DRIVE
290 mNOVENA MRT STATION
$991KMedian transacted price
2Transactions in latest 12 months
501–780 sqftMost popular unit size
NOVELIS Market Snapshot
At Peak
At 12-Month High
Peak: Aug 2026Based on latest 12 months
▲ +0.2%
From 12-Month Low
Low: Jun 2026Based on latest 12 months
▼ -6.1%
Vs District Median PSF
Below District 11 medianBased on latest 12 months
▼ -14.9%
Vs CCR Median PSF
Below CCR medianBased on latest 12 months
8.3%
12M Turnover Rate
2 sales / 24 units
Latest 12-month sales
2
Up to latest imported transaction
Median transacted price
$991K
Latest 12 months
Median PSF
$1,879
Latest 12 months
Typical recorded price range
$990.4K – $991.6K
20th to 80th percentile
Latest transacted price
$992K
527 sqft · 1 Aug 2026
Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 5 Oct 2026
NOVELIS Market Trends
Average Price & Transaction Trend
Monthly average transacted price and sales volume from the first available record since 2017.
Average PriceTransactions
Available history: Nov 2021 to Aug 2026
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 5 Oct 2026
Transaction Breakdown (Last 12 Months)
Based on completed transactions from Oct 2025 to Sep 2026.
Most popular unit size501–780 sqft
Median Sold Size527 sqft
Unit Size Distribution
Only size ranges with recorded transactions are shown.
Price Distribution
Recorded transactions grouped into price ranges.
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 5 Oct 2026
Recent Transactions by Unit Size
500 – 780 sqft Average Price Trend
500 – 780 sqft Transaction Volume
500 – 780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-08 | 1 | $992K | $992K | $992K | $1,881 |
| 2026-06 | 1 | $990K | $990K | $990K | $1,877 |
500 – 780 sqft Recent Transactions
| Date | Type | Level | Area | PSF | Price |
|---|---|---|---|---|---|
| 2026-08 | Apt | 06 to 10 | 527 sqft | $1,881 | $992K |
| 2026-06 | Apt | 01 to 05 | 527 sqft | $1,877 | $990K |
Data Source: Urban Redevelopment Authority (URA)•Data up to: September 2026•Last updated: 5 Oct 2026
NOVELIS Location & Nearby Amenities
Explore NOVELIS and nearby amenities. Distances shown are straight-line estimates from the property.
Master Plan 2025 (approved amendments incorporated)
Please click on the zoning type for a description of the use
Railway
Planning Area Boundary
Plot Ratio Boundary
Underground Road / Structure
Maximum Permissible Plot Ratio
Maximum Permissible White Quantum
Minimum Business (B) Plot Ratio
Conservation Area
Nature Reserve
National Park
Monument
NOVELIS Nearby Amenities
Closest amenities from NOVELIS. Distances are straight-line estimates.
MRT / LRT
- NOVENA MRT STATION290 mNS20North-South Line
- NEWTON MRT STATION1.0 kmDT11Downtown Line
- NEWTON MRT STATION1.1 kmNS21North-South Line
Bus Interchanges
- Toa Payoh Bus Interchange1.5 kmLor 6 Toa Payoh
Shopping Malls
- Velocity@Novena Square250 mThomson Road
- Square 2280 mSinaran Drive
- United Square310 mThomson Road
- Shaw Plaza910 mBalestier Road
Primary Schools
- ST. JOSEPH'S INSTITUTION JUNIOR150 mESSEX ROAD
- FARRER PARK PRIMARY SCHOOL910 mFARRER PARK ROAD
- ANGLO-CHINESE SCHOOL (PRIMARY)1.1 kmBARKER ROAD
- ANGLO-CHINESE SCHOOL (JUNIOR)1.2 kmWINSTEDT ROAD
- HONG WEN SCHOOL1.3 kmTOWNER ROAD
Secondary Schools
- NORTHLIGHT SCHOOL1.1 kmTOWNER ROAD
- ANGLO-CHINESE SCHOOL (BARKER ROAD)1.1 kmBARKER ROAD
- CHIJ SECONDARY (TOA PAYOH)1.5 kmLORONG 1 TOA PAYOH
- BENDEMEER SECONDARY SCHOOL1.7 kmST WILFRED ROAD
Post-Secondary
- CATHOLIC JUNIOR COLLEGE1.3 kmWHITLEY ROAD
- ST. JOSEPH'S INSTITUTION2.0 kmMALCOLM ROAD
- ST. ANDREW'S JUNIOR COLLEGE2.5 kmSORBY ADAMS DRIVE
MOE Kindergartens
- MOE KINDERGARTEN @ FARRER PARK910 mFARRER PARK ROAD
Childcare Centres
- MapleBear Novena400 mDERBYSHIRE ROAD
- KINDERLAND PRESCHOOL430 mNEWTON ROAD
- KIDDIWINKIE SCHOOLHOUSE @ NOVENA PTE. LTD.460 mNOVENA TERRACE
- Little Olive Tree (Thomson)480 mTHOMSON ROAD
Infant Care Centres
- PCF Sparkletots Preschool @ Kolam Ayer Blk 26B (EY)1.9 kmSAINT GEORGE'S LANE
- PCF Sparkletots Preschool @ Toa Payoh East Blk 261A (EY)2.0 kmTOA PAYOH EAST
- PCF SPARKLETOTS PRESCHOOL @ KOLAM AYER BLK 39 (EY)2.3 kmBENDEMEER ROAD
- PCF Sparkletots Preschool @ Toa Payoh East Blk 6 (EY)2.5 kmLORONG 7 TOA PAYOH
Kindergartens
- MFC KINDERGARTEN520 mNEWTON ROAD
- Little Woods Montessori880 mBALESTIER ROAD
- BrainFit School House Pte Ltd920 mAH HOOD ROAD
- Far Eastern Kindergarten940 mGILSTEAD ROAD
Hawker Centres
- Cambridge Road Blk 41A (Pek Kio Market and Food Centre)570 mCambridge Road
- Newton Food Centre1.0 kmClemenceau Ave North
- Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market)1.0 kmWhampoa Drive
Supermarkets
- Cold Storage260 mThomson Road
- FairPrice260 m
- Don Don Donki310 m
- Little Farms340 m
Hospitals
- TAN TOCK SENG HOSPITAL350 mJALAN TAN TOCK SENG
- MOUNT ELIZABETH NOVENA HOSPITAL410 mIRRAWADDY ROAD
Polyclinics
- Kallang Polyclinic1.5 kmSerangoon Road
- Toa Payoh Polyclinic2.3 kmLorong 8 Toa Payoh
Parks
- THOMSON RD PG370 m
- PEK KIO PARK480 m
- NOVENA PK510 m
Libraries
- Toa Payoh Library1.7 kmToa Payoh Central
- Orchard Library2.2 kmOrchard Road
Community Clubs
- Pek Kio CC890 mGloucester Road
- Cairnhill CC1.2 kmAnthony Road
Sport Facilities
- Toa Payoh Sport Centre1.4 kmLorong 6 Toa Payoh
- SAFRA CLUBHOUSE (TOA PAYOH)1.5 kmLOR 6 TOA PAYOH
- Jalan Besar Sport Centre1.8 kmTyrwhitt Road
Featured Listings
Properties currently available through Homy, with priority given to listings in NOVELIS.
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For Sale 1 / 16 Condo D27
Skies Miltonia, New 3-Storey Penthouses for Sale
$2,600,000
MILTONIA CLOSE99 YearsBuilt 2016
- 3 Bed
- 4 Bath
- 2,562 ft²
- $1,015 psf
For Sale 1 / 21 Condo D6
EDEN RESIDENCES CAPITOL – Luxury 3 Bedroom Developer sale
$11,980,000
STAMFORD ROAD99 YearsBuilt 2015
- 3 Bed
- 5 Bath
- 3,003 ft²
- $3,989 psf
For Sale 1 / 29 Condo D1
V on Shenton Luxury Penthouse for Sale
$18,800,000
SHENTON WAY99 Years
- 4 Bed
- 7 Bath
- 6,200 ft²
- $3,032 psf
For Sale 1 / 9 Landed D28
Belgravia Ace, Brand New Freehold Semi-D for Sale
$5,300,000
BELGRAVIA DRIVEFreeholdBuilt 2028
- 5 Bed
- 4 Bath
- 4,370 ft²
- $1,213 psf
NOVELIS Market Position & Nearby Transactions
How NOVELIS compares with District 11 projects and transactions recorded within 1 km over the latest 12 months.
Project Median PSF$1,8792 project sales
District 11 Median PSF$2,001Median across district projects with recorded sales
Difference vs District-6.1%Below district median
Transactions Within 1 km39Recorded in the latest 12 months
Position Within District 11
NOVELIS is more affordable than 67% of District 11 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
44of 132 District 11 projects with recorded sales
District reference range$1,473 – $2,729 psf
Comparable Condos Within 1 km
Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.
| Project | Distance | TOP / Age | Units | 12M Sales | PSF (M) |
|---|---|---|---|---|---|
| APLETON VIEW | 53 m | 200521 yrs old | — | 2 | $1,972 |
| THE HUNTINGTON | 53 m | 200026 yrs old | — | 1 | $2,001 |
| GRAND TOWER | 60 m | — | — | 0 | — |
| NEU AT NOVENA | 90 m | 20251 yrs old | 41 | 2 | $2,881 |
| MULBERRY TREE | 97 m | 201214 yrs old | 32 | 1 | $1,803 |
| THE SPRINGS | 104 m | 200323 yrs old | — | 2 | $1,842 |
| BIRMINGHAM MANSIONS | 128 m | 199828 yrs old | — | 2 | $1,886 |
| CITY EDGE | 128 m | 200818 yrs old | 49 | 0 | — |
| NOVENA SUITES | 149 m | 200521 yrs old | — | 3 | $2,333 |
| 1 MOULMEIN RISE | 150 m | 200323 yrs old | — | 3 | $2,319 |
| LA NOUVELLE | 153 m | 200323 yrs old | — | 0 | — |
| LA MAISON | 169 m | 200026 yrs old | — | 1 | $1,906 |
| THOMSON EURO-ASIA | 171 m | — | — | 1 | $2,345 |
| SOLEIL @ SINARAN | 189 m | — | 417 | 9 | $2,294 |
| IKIGAI | 205 m | 20242 yrs old | 16 | 2 | $1,978 |
| STRATA | 227 m | 200620 yrs old | — | 4 | $2,097 |
| LION TOWERS | 261 m | — | — | 1 | $1,896 |
| ADRIA | 275 m | 201511 yrs old | 105 | 3 | $2,148 |
| SUITES @ SHREWSBURY | 299 m | 201412 yrs old | 15 | 1 | $2,115 |
| DERBYSHIRE HEIGHTS | 304 m | 200422 yrs old | — | 1 | $1,858 |
Nearby Transactions by Unit Size
Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.
<500 sqft Nearby Average Price Trend
<500 sqft Nearby Transaction Volume
<500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2025-11 | 1 | $815K | $815K | $815K | $1,803 |
| 2025-10 | 1 | $705.9K | $705.9K | $705.9K | $2,115 |
<500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| MULBERRY TREE | Apt | 32 | 1 | $815K | $1,803 |
| SUITES @ SHREWSBURY | Apt | 15 | 1 | $705.9K | $2,115 |
500–780 sqft Nearby Average Price Trend
500–780 sqft Nearby Transaction Volume
500–780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 1 | $1.48M | $1.48M | $1.48M | $2,148 |
| 2026-06 | 1 | $1.07M | $1.07M | $1.07M | $2,111 |
| 2026-03 | 1 | $1.07M | $1.07M | $1.07M | $2,119 |
| 2025-10 | 1 | $1.87M | $1.87M | $1.87M | $2,840 |
500–780 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| STRATA | Apt | — | 2 | $1.07M | $2,115 |
| ADRIA | Apt | 105 | 1 | $1.48M | $2,148 |
| NEU AT NOVENA | Apt | 41 | 1 | $1.87M | $2,840 |
781–1,000 sqft Nearby Average Price Trend
781–1,000 sqft Nearby Transaction Volume
781–1,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 1 | $1.94M | $1.94M | $1.94M | $2,001 |
| 2026-08 | 2 | $2.31M | $2.24M | $2.39M | $2,643 |
| 2026-07 | 1 | $2.02M | $2.02M | $2.02M | $2,133 |
| 2026-04 | 1 | $2.21M | $2.21M | $2.21M | $2,333 |
| 2026-01 | 1 | $2.04M | $2.04M | $2.04M | $2,129 |
| 2025-10 | 2 | $1.97M | $1.74M | $2.2M | $2,198 |
781–1,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| NOVENA SUITES | Apt | — | 3 | $2.16M | $2,277 |
| SOLEIL @ SINARAN | Condo | 417 | 2 | $2.12M | $2,239 |
| ADRIA | Apt | 105 | 1 | $1.74M | $2,046 |
| NEU AT NOVENA | Apt | 41 | 1 | $2.39M | $2,922 |
| THE HUNTINGTON | Apt | — | 1 | $1.94M | $2,001 |
1,001–1,200 sqft Nearby Average Price Trend
1,001–1,200 sqft Nearby Transaction Volume
1,001–1,200 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-08 | 1 | $2.1M | $2.1M | $2.1M | $1,971 |
| 2026-06 | 2 | $2.63M | $2.6M | $2.65M | $2,357 |
| 2026-05 | 2 | $2.2M | $1.81M | $2.58M | $2,016 |
| 2026-04 | 1 | $2.22M | $2.22M | $2.22M | $2,083 |
| 2025-10 | 2 | $2.02M | $1.87M | $2.17M | $1,886 |
1,001–1,200 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| BIRMINGHAM MANSIONS | Apt | — | 2 | $2.02M | $1,886 |
| SOLEIL @ SINARAN | Condo | 417 | 2 | $2.59M | $2,359 |
| STRATA | Apt | — | 2 | $2.16M | $2,027 |
| THE SPRINGS | Apt | — | 1 | $1.81M | $1,682 |
| THOMSON EURO-ASIA | Condo | — | 1 | $2.65M | $2,345 |
1,201–1,500 sqft Nearby Average Price Trend
1,201–1,500 sqft Nearby Transaction Volume
1,201–1,500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-09 | 1 | $2.87M | $2.87M | $2.87M | $2,319 |
| 2026-06 | 1 | $3.45M | $3.45M | $3.45M | $2,340 |
| 2026-05 | 2 | $2.59M | $2.42M | $2.77M | $2,104 |
| 2026-04 | 1 | $2.4M | $2.4M | $2.4M | $1,906 |
| 2025-12 | 2 | $3.18M | $3.06M | $3.3M | $2,342 |
| 2025-11 | 3 | $2.72M | $2.42M | $2.95M | $1,982 |
| 2025-10 | 1 | $2.98M | $2.98M | $2.98M | $2,326 |
1,201–1,500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| 1 MOULMEIN RISE | Apt | — | 3 | $2.9M | $2,328 |
| APLETON VIEW | Apt | — | 2 | $2.42M | $1,972 |
| SOLEIL @ SINARAN | Condo | 417 | 2 | $3.38M | $2,297 |
| ADRIA | Apt | 105 | 1 | $2.98M | $2,326 |
| IKIGAI | Apt | 16 | 1 | $2.95M | $1,972 |
| LA MAISON | Apt | — | 1 | $2.4M | $1,906 |
| THE SPRINGS | Apt | — | 1 | $2.8M | $2,001 |
1,501–2,000 sqft Nearby Average Price Trend
1,501–2,000 sqft Nearby Transaction Volume
1,501–2,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-07 | 1 | $3.95M | $3.95M | $3.95M | $2,294 |
| 2026-04 | 1 | $3.53M | $3.53M | $3.53M | $1,896 |
| 2026-03 | 1 | $2.8M | $2.8M | $2.8M | $1,858 |
| 2026-01 | 1 | $3.8M | $3.8M | $3.8M | $1,983 |
| 2025-10 | 1 | $3.75M | $3.75M | $3.75M | $2,177 |
1,501–2,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| SOLEIL @ SINARAN | Condo | 417 | 2 | $3.85M | $2,236 |
| DERBYSHIRE HEIGHTS | Apt | — | 1 | $2.8M | $1,858 |
| IKIGAI | Apt | 16 | 1 | $3.8M | $1,983 |
| LION TOWERS | Apt | — | 1 | $3.53M | $1,896 |
>3,000 sqft Nearby Average Price Trend
>3,000 sqft Nearby Transaction Volume
>3,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-05 | 1 | $8M | $8M | $8M | $1,697 |
>3,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| SOLEIL @ SINARAN | Condo | 417 | 1 | $8M | $1,697 |
Market Interpretation
NOVELIS recorded only 2 transactions during the latest 12 months. Price movements should therefore be interpreted cautiously because individual sales can materially affect the headline figures.
Its median PSF is approximately 6.1% below the District 11 project median, placing it on the more affordable side of the district market.
Within 1 km, 20 nearby condominiums were identified; 17 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.
This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.NOVELIS Project Details
Developer
Novena Capital Pte Ltd
Property type
Condominium
District
District 11 - Newton / Novena / Dunearn
Market segment
Core Central Region
Tenure
Freehold
TOP
2009
Total units
24
Postal code
308322
About NOVELIS
NOVELIS is a condominium in Singapore District 11, completed in 2009 with freehold. It recorded 2 transactions during the latest 12-month period in the database, with a median transacted price of $991K and a median of $1,879 psf. The most frequently transacted size range is 501–780 sqft, representing 100.0% of transactions with recorded floor area. NOVENA MRT STATION is approximately 290 m away by straight-line distance. 2 primary schools are located within a 1 km straight-line radius.
Get Property AdviceDisclaimer: The information, charts, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.
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