Neu at Novena: 10 Units for Rent
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Neu at Novena is a freehold residential development located at 27 Moulmein Rise, Singapore 308140 in District 11. The development only has 87 exclusive units spanning over a 17-storey iconic tower. With expected TOP date in May 2023, this project is being developed by RH Novena Pte Ltd, a subsidiary of Roxy-Pacific Holdings, a renowned local-bred property developer in Singapore. Roxy Pacific’s projects typically include small-to-medium sized private homes such as apartment and condominium, targeting at middle-to-upper income segment home buyers. Neu at Novena is a freehold property located near to an MRT station, in contrast to the typical pattern that such property come with a 99-year leasehold tenure. The iconic development is situated in a very pristine location allowing residents to easily access to shopping malls as well as retail, food and beverages and entertainment options, a huge advantage for homeowners or tenants looking for seamless connectivity and convenience. Not only it is located within a prime residential area, but it is also situated within the Health City Novena, a mega project comprising an integrated healthcare hub of healthcare and medical service providers that sets new healthcare and medical standards for the country as well as creating a shared space for educational needs and wellness. As such, it can be expected of an impending demand from healthcare professionals looking for a home close to their workplace, hence assuring a strong rental demand and future capital appreciation of the residence. Another attraction of the residence would be its state-of-art facilities such as a lap pool, pool lounge, sun deck, a children’s adventure cove, barbeque pavilion, sky terrace, infinity pool, an aqua gym and a spa pool. Each unit will also be equipped with Smart Home Feature and WIFI camera outside the house for enhanced security. Neu at Novena is just merely less than 3 minutes’ walk from the Novena MRT station, with Orchard in 2 train stops away. The region is effectively supported by The Central Expressway (CTE) exit which is a just a 5 minutes’ drive while the Pan Island Expressway (PIE) exit is a 10 minutes’ drive. The apartment is a 5 minutes’ drive from Orchard road off-peak, and 10 to 15 minutes from the CBD and financial zones of Singapore. Joseph’s Institution JuniorAnglo-Chinese School JuniorHong Wen SchoolMargaret’s Primary SchoolSingapore Chinese Girls’ Primary School Tan Tock Seng HospitalNovena Medical CenterThomson Medical CentreGleneagles Hospital Novena Square 2Velocity Neu at Novena only comprise of a tower of 17 storey housing 87 units with unit types available ranging from 2 to 4 bedrooms.Project Name: Neu at NovenaType: ApartmentDistrict: 11Configuration: 87 residential unitsSite area: 22,198.6 square feet Unit types for Neu at Novena:2 bedrooms (549 – 657 square feet)3 bedrooms (861 square feet)3 bedrooms dual-key (818 square feet)4 bedrooms duplex (1,195 square feet)4 bedrooms + Utility (1,302 square feet) The following developments are in the same neighbourhood as Neu at Novena:Fyve DerbyshirePullman ResidencesNeu at Novena35 GilsteadThe Whitley Residences26 Newton
DeveloperRH Novena Pte. Ltd.
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The development continues to feature in recent search behaviour across the Newton / Novena market, drawing on 30 days of PropertyGuru search activity. This project maintains notable traction in local search behaviour, recording a 1.39% share within the district.
Most-searched Units: 3-BedroomPopular preferences: Gym, Tennis Court, Air-Conditioning, Balcony
Pricing by Unit Types:
- Room Rental Units:
- Avg Asking Price: S$ 3K
- Avg PSF: S$ 13 psf (9.63% higher compared to Newton / Novena average of S$ 11 psf)
- Available Units: 1
- 2-Bedroom Units:
- Avg Asking Price: S$ 4K
- Avg PSF: S$ 7 psf (28.01% higher compared to Newton / Novena average of S$ 6 psf)
- Available Units: 9
- 3-Bedroom Units:
- Avg Asking Price: S$ 6K
- Avg PSF: S$ 6 psf (34.15% higher compared to Newton / Novena average of S$ 5 psf)
- Available Units: 2
- NOVENA MRT STATION (410m, 5 mins) — Direct access to the North-South Line makes traveling to Orchard or Raffles Place very fast and convenient.
- REVIVAL CTR CH (149m, 1-2 mins) — Very close stop providing easy bus connections for short trips around the neighborhood.
- ST JOSEPH INST JNR (181m, 2-3 mins) — Handy transport link located right near the local primary school for easy school runs.
- ST JOSEPH'S INSTITUTION (JUNIOR) (271m, 3-4 mins) — A popular and reputable primary school located just a short walk away, which is great for families with young boys.
- LEARNING VISION @ WORK PTE. LTD. (357m, 4-5 mins) — Convenient childcare option nearby for working parents who need quality early education close to home.
- SAN YU ADVENTIST SCHOOL (755m, 9-10 mins) — A private educational institution within walking distance providing more schooling variety for the community.
- NOVENA SPECIALIST CENTER (231m, 2-3 mins) — Immediate access to a wide range of specialist medical services right at your doorstep.
- HEALTHCITY NOVENA (340m, 4-5 mins) — Being part of this massive integrated healthcare masterplan ensures world-class medical facilities are always nearby.
- MOUNT ELIZABETH NOVENA HOSPITAL (340m, 4-5 mins) — Top-tier private healthcare and emergency services are just a few minutes' walk away for total peace of mind.
- SQUARE 2 (284m, 3-4 mins) — A diverse mall with many boutique shops and services that cater to all your daily lifestyle needs.
- VELOCITY @ NOVENA SQUARE (285m, 3-4 mins) — The go-to destination for sports gear and active lifestyle shopping right next to the MRT.
- FAIRPRICE (255m, 3-4 mins) — A reliable supermarket nearby that makes grabbing fresh groceries for the family simple and quick.
- TOAST BOX (212m, 2-3 mins) — Perfect spot for a quick traditional local breakfast or coffee just around the corner.
- SONG FA BAK KUT TEH (269m, 3-4 mins) — Famous local heritage food nearby, ideal for a hearty meal with family or friends.
- SUKIYA (263m, 3-4 mins) — Convenient dining option for those looking for a quick and tasty Japanese meal after work.
- KWAN YIN CHINESE TEMPLE (808m, 9-10 mins) — A local place of worship within the neighborhood for residents' spiritual needs.
- TASEK UTARA MOSQUE (1237m, 14-15 mins) — Community mosque located a short drive or bus ride away for the local Muslim community.
Neu at Novena demonstrates a stable market character with consistent rental demand and positive price movement in the Novena district.
- Median Rental Appreciation: 2-bedroom units saw rents rise from S$4,200 /mo to S$4,375 /mo (4.17%) over the last one year.
- Transactions: 12 rental transactions in the last 6 months showing steady rental activity.
- PG Pulse Insight: Rental activity remains steady with 2-bedroom units achieving a 4.17% appreciation in median rent, while the project maintains a current median price of S$2,726 psf.
Published date: June 16, 2026