Novena Lodge - 2 Units for Sale

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Novena Lodge – PropertyGuru Market Pulse Insights

Recent market search behaviour suggests the project remains on the radar of local property seekers, according to PropertyGuru's 30-day search trends. Within the Newton / Novena market, the development continues to feature in area-level browsing activity as active participants review their options.

Most-searched Units: Studio

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 1.82M
  • Avg PSF: S$ 2,316 psf (4.71% lower compared to Newton / Novena average of S$ 2,430 psf)
  • Available Units: 1
• 3-Bedroom Units:
  • Avg Asking Price: S$ 1.99M
  • Avg PSF: S$ 2,099 psf (7.22% lower compared to Newton / Novena average of S$ 2,263 psf)
  • Available Units: 1

Key Takeaway: Market demand indicators point strongly towards Studio configurations as the primary preference for those browsing this development. With only single units available for larger layouts, the current inventory profile represents a highly selective opportunity for buyers. The property is positioned at a notable discount relative to the broader Newton / Novena district averages, particularly for its three-bedroom offerings. This competitive pricing structure combined with limited supply may support steady interest from value-oriented seekers in the area.

Location & Lifestyle Highlights — Novena Lodge

530m (6 mins) to NOVENA MRT STATION — This central station on the North-South Line provides a direct and efficient link to Orchard Road and the Central Business District.

Novena Lodge offers a peaceful, low-density living experience with just 66 units, tucked away in a quiet spot while remaining exceptionally close to the bustling Novena medical and commercial hub. It is a practical choice for those who value privacy without giving up the convenience of having major malls and transport links right at their doorstep.

Nearby hotspots:

MRT Stations:

• MOUNT PLEASANT MRT STATION (949m, 11-12 mins) — Provides an alternative commuting option for residents looking to access different parts of the island via the Thomson-East Coast Line.

Bus Stops (38 within 1 km):

• NOVENA LODGE (1m, 1 min) — This stop is located right outside the development, making it incredibly easy to hop on a bus for local travel.
• OPP THOMSON MED CTR (160m, 1-2 mins) — Offers quick access to several bus routes heading towards the city and northern residential areas.

Education & Early Learning:

• SAN YU ADVENTIST SCHOOL (198m, 2-3 mins) — A very short walk for students attending this private educational institution, ensuring a stress-free morning routine.
• KIDDIWINKIE SCHOOLHOUSE (309m, 3-4 mins) — A convenient early childhood education option for parents with young children living in the area.
• ST JOSEPH'S INSTITUTION (JUNIOR) (887m, 10-11 mins) — A reputable primary school located within a manageable distance for families with school-going boys.

Healthcare & Wellness:

• HYPERBARIC MEDICAL SERVICES (182m, 2-3 mins) — Specialized medical care available just a few minutes away for residents requiring specific treatments.
• THOMSON MEDICAL CENTRE (321m, 3-4 mins) — Proximity to this major hospital provides peace of mind and easy access to comprehensive healthcare services.
• QM DENTAL CENTER BALESTIER (390m, 4-5 mins) — Nearby dental care makes it simple to keep up with regular check-ups and oral health needs.

Shopping & Retail:

• SQUARE 2 (574m, 6-7 mins) — A vibrant mall offering a wide variety of retail shops, services, and daily essentials within walking distance.
• VELOCITY @ NOVENA SQUARE (587m, 7-8 mins) — This sports-themed mall is perfect for those looking for activewear, lifestyle brands, and fitness gear.
• COLD STORAGE (606m, 7-8 mins) — A reliable supermarket nearby for high-quality groceries and fresh produce.

Dining & Food:

• SIN MEE EATING HOUSE (171m, 2-3 mins) — A local spot perfect for a quick, casual meal just around the corner from home.
• MUKJJA KOREAN CHINESE RESTAURANT (238m, 2-3 mins) — Offers a unique fusion dining experience for residents who enjoy Korean and Chinese flavors.
• SINN JI HAINANESE CHICKEN RICE (335m, 4-5 mins) — A great nearby option for enjoying one of Singapore's most beloved local dishes.

Convenience Stores:

• CHEERS (444m, 5-6 mins) — Handy for grabbing quick snacks, drinks, or emergency household items at any time.
• 7-ELEVEN (589m, 7-8 mins) — Another reliable 24-hour option for late-night needs or quick refreshments.

Places of Worship:

• KWAN YIN CHINESE TEMPLE (785m, 9-10 mins) — A nearby space for spiritual reflection and community gathering for residents.

Highly attractive for: Healthcare Professionals, Young Families, Urban Investors

Market & Rental Insights

Novena Lodge demonstrates a profile of capital appreciation and steady rental interest within a prime residential enclave.

• PSF Appreciation: S$1,784 → S$1,961 over recent years (+9.92%) from 2023 - 2026.
• Expected Rental Yield: At 2.34%, this reflects a moderate return for investors.
• Transactions: 10 rental transactions in the last 6 months and 1 sale transaction in the last 12 months, indicating steady rental activity and modest sale activity.
• PG Pulse Insight: With a +9.92% PSF growth and steady rental activity, Novena Lodge offers a balance of capital gains and moderate rental returns.

Published date: May 25, 2026