Rent vs D11 -18.8%
Rents below district median
Neu at Novena's latest 12-month median rent is $4,225 compared with the D11 median of $5,200 for the same period. Use this district check before narrowing by bedroom and area band.
Neu at Novena rent and sale price
D11 / Watten Estate, Novena, Thomson
Address 27 Moulmein Rise Neu at Novena Singapore 308140
Open map
Quick summary about Neu at Novena
Neu at Novena is a freehold apartment in D11 / Watten Estate, Novena, Thomson. The page currently tracks 64 rentals and 19 sales.
- Latest 12M median rent is $4,225 per month from 34 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,865,000, with median sale PSF at $2,840 psf from 1 sales.
- Rent is down 6.7% over the last 3 months. Sale PSF is up 5.7% over the last 3 months.
Neu at Novena Market Brief
Compare the project with D11 across rent, sale PSF, tenure and transaction activity.
Compared with D11
Sale PSF vs D11 +13.1%
Sale PSF above district median
Neu at Novena's latest 12-month median sale PSF is $2,840 psf versus the D11 median of $2,511 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.72%
Rent support above district screen
Gross yield is roughly 2.72% versus a D11 screen of 2.23%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 30.6% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -20.0%
Activity is lighter
16 recent transactions versus 20 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Neu at Novena against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,225
Is the asking rent fair?
$4,000 to $4,450 is the first fair-rent band to check. Above $4,450 should have a visible reason.
Latest 12M median sale PSF $2,840 psf
Is the purchase price fair?
$1,810,000 to $1,920,000 and $2,750 to $2,930 psf are the first sale checks before adjusting for floor, size, view and condition.
Unknown bedroom rent $4,250
Are similar units renting for more?
Unknown bedroom and 500 to 600 sqft give the closest unit-size checks.
Rent stability 30.6% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -20.0%
Is activity rising?
Activity is lighter. 16 recent transactions versus 20 in the prior 6-month view.
Neu at Novena Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 15 new sale transactions, 4 sub sale transactions
Total sold value $48.6M
Neu at Novena Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 64 Dec 2024 to Jun 2026
Sale transactions 19 Sept 2021 to Oct 2025
Rent trend -6.7% Last 3 months
Sale PSF trend 5.7% Last 3 months
Neu at Novena Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
NOVENA MRT STATION (NS20) 0.26 km away
NEWTON MRT STATION (DT11) 1.11 km away
NEWTON MRT STATION 1.18 km away
Schools nearby
FARRER PARK PRIMARY SCHOOL 0.97 km away
ANGLO-CHINESE SCHOOL (PRIMARY) 1.16 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 1.22 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.64 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.86 km away
WHAMPOA PARK CONNECTOR Park / green link · 1.15 km away
ENVIRONMENT BUILDING HAWKER CENTRE Food centre · 1.44 km away
Neu at Novena Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,100 62 rentals in view
Latest median sale PSF $2,840 psf 3 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 5 $4,100 0 - -
May 2026 1 $4,500 0 - -
Apr 2026 2 $4,200 0 - -
Mar 2026 3 $4,500 0 - -
Feb 2026 3 $4,350 0 - -
Jan 2026 2 $5,150 0 - -
Dec 2025 2 $4,350 0 - -
Nov 2025 1 $3,850 0 - -
Oct 2025 3 $4,200 1 $2,840 psf $1,865,000
Sept 2025 3 $4,300 0 - -
Aug 2025 3 $4,000 1 $2,723 psf $1,494,888
Jul 2025 6 $4,200 0 - -
Projects Similar to Neu at Novena
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Pullman Residences Newton 0.9 km away 533 transactions
- Median rent
- $4,600
- Median sale PSF
- $3,085 psf
- Median rent
- $4,300
- Median sale PSF
- $2,448 psf
- Median rent
- $4,450
- Median sale PSF
- $2,222 psf
- Median rent
- $4,200
- Median sale PSF
- $2,570 psf
- Median rent
- $4,200
- Median sale PSF
- $2,520 psf
- Median rent
- $4,000
- Median sale PSF
- $2,111 psf
Neu at Novena Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,300 $4,273 22
3 bed $5,250 $4,767 6
Unknown $4,250 $4,472 36
Neu at Novena Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
500 to 600 sqft $4,200 $4,219 29
600 to 700 sqft $4,350 $4,348 26
800 to 900 sqft $5,450 $5,000 8
1,300 to 1,400 sqft $8,200 $8,200 1
Neu at Novena Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,757,000 $2,677 psf 3
06 to 10 $2,560,742 $2,620 psf 6
11 to 15 $3,089,380 $2,465 psf 6
16 to 20 $2,597,980 $2,848 psf 4
Neu at Novena Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Neu at Novena shows a latest 12-month median monthly rent of $4,225 across 34 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,225
Rentals in period 34
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Neu at Novena show a median price of $1,865,000 and $2,840 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,865,000
Latest 12M median PSF $2,840 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Neu at Novena has 19 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $48.6M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Neu at Novena numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,225/mo Test gross and net yield against typical rent. Buy vs rent $1.9M Compare ownership cost against renting. Mortgage $1.9M Estimate monthly payment from the sale price. Stamp duty $2,840 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D11 to compare Neu at Novena against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Neu at Novena FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Neu at Novena?
Neu at Novena has a latest 12-month median monthly rent of $4,225 across 34 rentals in that period.
What is the typical sale price at Neu at Novena?
The latest 12-month median sale price for Neu at Novena is $1,865,000, based on 1 sales in that period.
What is the median sale PSF at Neu at Novena?
The latest 12-month median sale price per square foot for Neu at Novena is $2,840 psf. The average for the same period is $2,840 psf.
Is Neu at Novena freehold or leasehold?
Neu at Novena is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Neu at Novena located?
Neu at Novena is located at 27 Moulmein Rise Neu at Novena Singapore 308140 in D11 / Watten Estate, Novena, Thomson.
How current is the Neu at Novena transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.