Novena Lodge rent and sale price
D11 / Watten Estate, Novena, Thomson
Address 2 Jalan Merlimau Novena Lodge Singapore 308729
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Condominium, Non-Landed Properties 114 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about Novena Lodge
Novena Lodge is a freehold condominium in D11 / Watten Estate, Novena, Thomson. The page currently tracks 108 rentals and 6 sales.
- Typical rent is $3,575 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,682,500, with median sale PSF at $1,809 psf and total recorded sale value of $9.9M.
- Rent is up 6.7% over the last 3 months. Sale PSF is up 10.5% over the last 3 months.
Novena Lodge Market Position
How this project compares with the wider D11 market before you read the detailed tables.
Rent vs D11 -29.9%
Rents below district median
Novena Lodge's median rent is $3,575 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 -13.7%
Sale PSF below district median
Novena Lodge's median sale PSF is $1,809 psf versus the D11 median of $2,095 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.55%
Rent support near district screen
Gross yield is roughly 2.55% versus a D11 screen of 2.31%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 18.2% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -7.7%
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 Lodge against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Novena Lodge Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,575
Is the asking rent fair?
$3,400 to $3,750 is the first fair-rent band to check. Above $3,750 should have a visible reason.
Median sale PSF $1,809 psf
Is the purchase price fair?
$1,630,000 to $1,730,000 and $1,750 to $1,860 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $3,900
Are similar units renting for more?
3 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 18.2% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -7.7%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Novena Lodge numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,575/mo Test gross and net yield against typical rent. Buy vs rent $1.7M Compare ownership cost against renting. Mortgage $1.7M Estimate monthly payment from the sale price. Stamp duty $1,809 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Novena Lodge Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Condominium, Non-Landed Properties
Sales 6 resale transactions
Total sold value $9.9M
Novena Lodge Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 108 Jun 2021 to May 2026
Sale transactions 6 Feb 2022 to Jan 2026
Rent trend 6.7% Last 3 months
Sale PSF trend 10.5% Last 3 months
Novena Lodge 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) 0.46 km away
MOUNT PLEASANT MRT STATION (TE10) 0.86 km away
NEWTON MRT STATION (DT11) 1.13 km away
Schools nearby
ANGLO-CHINESE SCHOOL (PRIMARY) 0.84 km away
CAMBERLEY INTERNATIONAL PRE-SCHOOL PRIVATE LIMITED 1.01 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.11 km away
SINGAPORE CHINESE GIRLS' SCHOOL (PRIMARY) 1.52 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 2.39 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.44 km away
WHAMPOA PARK CONNECTOR Park / green link · 1.43 km away
ENVIRONMENT BUILDING HAWKER CENTRE Food centre · 1.51 km away
Novena Lodge Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,000 34 rentals in view
Latest median sale PSF $1,961 psf 1 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 1 $4,000 0 - -
Apr 2026 1 $4,200 0 - -
Mar 2026 4 $3,550 0 - -
Feb 2026 2 $3,750 0 - -
Jan 2026 2 $3,950 1 $1,961 psf $1,900,000
Dec 2025 1 $3,700 0 - -
Nov 2025 1 $3,500 0 - -
Oct 2025 3 $4,200 0 - -
Sept 2025 3 $4,000 0 - -
Jul 2025 3 $3,600 0 - -
Jun 2025 1 $4,000 0 - -
Apr 2025 2 $3,650 0 - -
Projects Similar to Novena Lodge
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Nineteen Shelford Road 3.5 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
- $4,000
- Median sale PSF
- $1,758 psf
- Median rent
- $3,400
- Median sale PSF
- $1,974 psf
- Median rent
- $4,150
- Median sale PSF
- $1,844 psf
Novena Lodge Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,800 $2,816 10
2 bed $3,500 $3,374 39
3 bed $3,900 $3,805 59
Novena Lodge Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
500 to 600 sqft $2,800 $2,816 10
600 to 700 sqft $3,500 $3,275 12
700 to 800 sqft $3,450 $3,371 16
800 to 900 sqft $3,600 $3,486 11
900 to 1,000 sqft $3,950 $3,830 54
1,000 to 1,100 sqft $3,500 $3,540 5
Novena Lodge Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,682,500 $1,809 psf 6
Novena Lodge 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 Lodge shows a typical monthly rent of $3,575 across 108 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,575
Rentals 108
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
Recent sales at Novena Lodge point to a typical sale price of $1,682,500 and $1,809 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,682,500
Median PSF $1,809 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 Lodge has 6 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $9.9M
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 Novena Lodge 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 Lodge FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Novena Lodge?
Novena Lodge has a median monthly rent of $3,575 across 108 rentals.
What is the typical sale price at Novena Lodge?
The median sale price for Novena Lodge is $1,682,500, based on 6 sales on this page.
What is the median sale PSF at Novena Lodge?
The median sale price per square foot for Novena Lodge is $1,809 psf. The average sale PSF is $1,872 psf.
Is Novena Lodge freehold or leasehold?
Novena Lodge is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Novena Lodge located?
Novena Lodge is located at 2 Jalan Merlimau Novena Lodge Singapore 308729 in D11 / Watten Estate, Novena, Thomson.
How current is the Novena Lodge 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.