Rent vs D11 -39.4%
Rents below district median
Novena Hill's latest 12-month median rent is $3,150 compared with the D11 median of $5,200 for the same period. Use this district check before narrowing by bedroom and area band.
Novena Hill rent and sale price
D11 / Watten Estate, Novena, Thomson
Address 43 Jalan Novena Novena Hill Singapore 308661
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Quick summary about Novena Hill
Novena Hill is a freehold apartment in D11 / Watten Estate, Novena, Thomson. The page currently tracks 65 rentals and 7 sales.
- Latest 12M median rent is $3,150 per month from 14 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,199,000, with median sale PSF at $1,754 psf from 2 sales.
- Rent is down 1.6% over the last 3 months. Sale PSF is up 10.9% over the last 3 months.
Novena Hill Market Brief
Compare the project with D11 across rent, sale PSF, tenure and transaction activity.
Compared with D11
Sale PSF vs D11 -30.2%
Sale PSF below district median
Novena Hill's latest 12-month median sale PSF is $1,754 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 3.15%
Rent support above district screen
Gross yield is roughly 3.15% versus a D11 screen of 2.23%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 30.0% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +10.0%
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 Novena Hill against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,150
Is the asking rent fair?
$3,000 to $3,300 is the first fair-rent band to check. Above $3,300 should have a visible reason.
Latest 12M median sale PSF $1,754 psf
Is the purchase price fair?
$1,160,000 to $1,230,000 and $1,700 to $1,810 psf are the first sale checks before adjusting for floor, size, view and condition.
Unknown bedroom rent $3,100
Are similar units renting for more?
Unknown bedroom and 600 to 700 sqft give the closest unit-size checks.
Rent stability 30.0% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +10.0%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Novena Hill Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 7 resale transactions
Total sold value $8.0M
Novena Hill Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 65 Aug 2021 to May 2026
Sale transactions 7 Dec 2021 to May 2026
Rent trend -1.6% Last 3 months
Sale PSF trend 10.9% Last 3 months
Novena Hill 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) 0.37 km away
MOUNT PLEASANT MRT STATION (TE10) 1.06 km away
TOA PAYOH MRT STATION (NS19) 1.09 km away
Schools nearby
ANGLO-CHINESE SCHOOL (PRIMARY) 1.05 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.12 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 1.2 km away
FARRER PARK PRIMARY SCHOOL 1.51 km away
Amenities
WHAMPOA PARK CONNECTOR Park / green link · 1.18 km away
ENVIRONMENT BUILDING HAWKER CENTRE Food centre · 1.63 km away
Novena Hill Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,350 29 rentals in view
Latest median sale PSF $1,733 psf 4 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 2 $3,350 1 $1,733 psf $1,138,000
Apr 2026 1 $3,100 0 - -
Mar 2026 2 $3,025 0 - -
Jan 2026 1 $3,500 1 $1,774 psf $1,260,000
Nov 2025 1 $3,100 0 - -
Oct 2025 2 $3,150 0 - -
Sept 2025 2 $3,200 0 - -
Aug 2025 2 $3,050 0 - -
Jul 2025 1 $3,300 0 - -
Jun 2025 1 $3,500 0 - -
Apr 2025 1 $4,000 0 - -
Mar 2025 3 $3,300 0 - -
Projects Similar to Novena Hill
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold 8 Bassein 0.5 km away 228 transactions
- Median rent
- $2,900
- Median sale PSF
- $1,856 psf
- Median rent
- $3,200
- Median sale PSF
- $1,767 psf
- Median rent
- $3,400
- Median sale PSF
- $2,148 psf
- Median rent
- $3,400
- Median sale PSF
- $1,674 psf
- Median rent
- $3,300
- Median sale PSF
- $1,749 psf
- Median rent
- $3,000
- Median sale PSF
- $1,893 psf
Novena Hill Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
Unknown $3,100 $2,997 65
Novena Hill Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
500 to 600 sqft $3,500 $3,530 5
600 to 700 sqft $2,900 $2,902 33
700 to 800 sqft $3,100 $3,015 27
Novena Hill Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,138,000 $1,616 psf 7
Novena Hill 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
Novena Hill shows a latest 12-month median monthly rent of $3,150 across 14 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,150
Rentals in period 14
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 Novena Hill show a median price of $1,199,000 and $1,754 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,199,000
Latest 12M median PSF $1,754 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. Novena Hill has 7 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $8.0M
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.
Run Novena Hill numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,150/mo Test gross and net yield against typical rent. Buy vs rent $1.2M Compare ownership cost against renting. Mortgage $1.2M Estimate monthly payment from the sale price. Stamp duty $1,754 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 Novena Hill 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.
Novena Hill FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Novena Hill?
Novena Hill has a latest 12-month median monthly rent of $3,150 across 14 rentals in that period.
What is the typical sale price at Novena Hill?
The latest 12-month median sale price for Novena Hill is $1,199,000, based on 2 sales in that period.
What is the median sale PSF at Novena Hill?
The latest 12-month median sale price per square foot for Novena Hill is $1,754 psf. The average for the same period is $1,754 psf.
Is Novena Hill freehold or leasehold?
Novena Hill is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Novena Hill located?
Novena Hill is located at 43 Jalan Novena Novena Hill Singapore 308661 in D11 / Watten Estate, Novena, Thomson.
How current is the Novena Hill 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.