Novelis rent and sale price
D11 / Watten Estate, Novena, Thomson
Address 10 Sinaran Drive Novena Medical Centre
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Apartment, Non-Landed Properties 52 transactions Freehold Latest records Jun 2026
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Quick summary about Novelis
Novelis is a freehold apartment in D11 / Watten Estate, Novena, Thomson. The page currently tracks 47 rentals and 5 sales.
- Typical rent is $3,400 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $958,000, with median sale PSF at $1,816 psf and total recorded sale value of $5.9M.
- Rent is down 13.2% over the last 3 months. Sale PSF is down 1.2% over the last 3 months.
Novelis Market Position
How this project compares with the wider D11 market before you read the detailed tables.
Rent vs D11 -33.3%
Rents below district median
Novelis's median rent is $3,400 compared with the D11 median of $5,100. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D11 -13.3%
Sale PSF below district median
Novelis's median sale PSF is $1,816 psf versus the D11 median of $2,095 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 4.26%
Rent support above district screen
Gross yield is roughly 4.26% versus a D11 screen of 2.31%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 46.8% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -9.1%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Novelis against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Novelis Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,400
Is the asking rent fair?
$3,250 to $3,550 is the first fair-rent band to check. Above $3,550 should have a visible reason.
Median sale PSF $1,816 psf
Is the purchase price fair?
$930,000 to $990,000 and $1,760 to $1,870 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,200
Are similar units renting for more?
1 bed and 500 to 600 sqft give the closest unit-size checks.
Rent stability 46.8% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -9.1%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Novelis numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,400/mo Test gross and net yield against typical rent. Buy vs rent $958.0K Compare ownership cost against renting. Mortgage $958.0K Estimate monthly payment from the sale price. Stamp duty $1,816 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Novelis Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 5 resale transactions
Total sold value $5.9M
Novelis Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 47 Jun 2021 to May 2026
Sale transactions 5 Nov 2021 to Mar 2023
Rent trend -13.2% Last 3 months
Sale PSF trend -1.2% Last 3 months
Novelis 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) 0.04 km away
NEWTON MRT STATION (DT11) 1.02 km away
NEWTON MRT STATION 1.11 km away
Schools nearby
ANGLO-CHINESE SCHOOL (PRIMARY) 0.98 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 1.07 km away
FARRER PARK PRIMARY SCHOOL 1.16 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.5 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 2.07 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.14 km away
WHAMPOA PARK CONNECTOR Park / green link · 1.25 km away
ENVIRONMENT BUILDING HAWKER CENTRE Food centre · 1.37 km away
Novelis Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,400 27 rentals in view
Latest median sale PSF $1,816 psf 2 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 3 $3,400 0 - -
Oct 2025 1 $3,150 0 - -
Sept 2025 1 $3,300 0 - -
Aug 2025 3 $4,500 0 - -
Jul 2025 1 $3,800 0 - -
Mar 2025 1 $3,200 0 - -
Jan 2025 2 $3,650 0 - -
Dec 2024 2 $4,250 0 - -
Oct 2024 3 $3,150 0 - -
Jul 2024 2 $3,800 0 - -
May 2024 1 $3,400 0 - -
Mar 2024 1 $4,800 0 - -
Projects Similar to Novelis
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Nineteen Shelford Road 3.9 km away 443 transactions
- Median rent
- $3,500
- Median sale PSF
- $1,925 psf
- Median rent
- $3,300
- Median sale PSF
- $1,749 psf
- Median rent
- $3,275
- Median sale PSF
- $1,777 psf
- Median rent
- $3,400
- Median sale PSF
- $1,974 psf
- Median rent
- $3,575
- Median sale PSF
- $1,809 psf
- Median rent
- $3,400
- Median sale PSF
- $1,674 psf
Novelis Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,200 $3,124 23
2 bed $3,900 $3,819 21
3 bed $6,250 $6,333 3
Novelis Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
500 to 600 sqft $3,200 $3,124 23
800 to 900 sqft $3,900 $3,819 21
1,200 to 1,300 sqft $6,250 $6,333 3
Novelis Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,230,000 $1,813 psf 2
06 to 10 $951,500 $1,804 psf 2
11 to 15 $1,520,000 $1,883 psf 1
Novelis 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
Novelis shows a typical monthly rent of $3,400 across 47 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,400
Rentals 47
Rent signal Moderate
- 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
Recent sales at Novelis point to a typical sale price of $958,000 and $1,816 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $958,000
Median PSF $1,816 psf
Sale signal Thin
- 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. Novelis has 5 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $5.9M
Latest record May 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.
District context
Use D11 to compare Novelis 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.
Novelis FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Novelis?
Novelis has a median monthly rent of $3,400 across 47 rentals.
What is the typical sale price at Novelis?
The median sale price for Novelis is $958,000, based on 5 sales on this page.
What is the median sale PSF at Novelis?
The median sale price per square foot for Novelis is $1,816 psf. The average sale PSF is $1,823 psf.
Is Novelis freehold or leasehold?
Novelis is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Novelis located?
Novelis is located at 10 Sinaran Drive Novena Medical Centre in D11 / Watten Estate, Novena, Thomson.
How current is the Novelis 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.