Novena Hill
33B Jalan Novena, Newton / Novena
S$ 1,180,000
2
Beds
1
Bath
710
sqft
S$ 1,661.97
psf
470 m (6 mins) from NS20 Novena MRT Station

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About this property
4.15% Gross Yield! $3,800 Rent! Freehold Novena! Only $1.1x
Located in the established Novena precinct, this 710 sqft, 2-bedroom apartment combines immediate rental returns, exceptionally low maintenance costs and long-term freehold ownership.
INVESTMENT PERFORMANCE
• Investment Price: S$1,100,000
• Monthly Rental: S$3,800
• Annual Rental Income: S$45,600
• Gross Rental Yield: 4.15%
• MCST: Only S$405/Quarter
• Annual MCST: S$1,620
• Yield After MCST: 4.00%
• Annual Income After MCST: S$43,980
Figures exclude property tax, financing and other ownership expenses.
WHY INVEST HERE?
1. Strong Rental Yield
At 4.15% gross yield, this freehold property presents a compelling income-generating opportunity within Singapore's prime city-fringe market.
2. Immediate Rental Income
Already tenanted at S$3,800 monthly. No speculative rental projections — an established income stream from acquisition, subject to tenancy terms.
3. Exceptionally Low Maintenance
Just S$135 monthly equivalent in MCST contributions, preserving more of your rental income.
4. Prime Novena Rental Catchment
Close to Tan Tock Seng Hospital, Mount Elizabeth Novena Hospital, Thomson Medical Centre and HealthCity Novena. An established catchment of healthcare professionals, expatriates and CBD workers supports rental demand.
5. Freehold Ownership
Own a centrally located freehold asset without lease decay, with potential for long-term capital appreciation.
PROPERTY HIGHLIGHTS
• Freehold | District 11 | RCR
• 710 sqft | 2 Bedrooms | 1 Bathroom
• Efficient, functional layout
• Open-concept kitchen
• Low recurring maintenance
• Established rental income
EXCELLENT CONNECTIVITY
• Novena MRT
• Orchard Road and CBD
• PIE and CTE
• Velocity, Novena Square and United Square
• Medical, dining and retail amenities
INVEST FOR INCOME. OWN FOR THE LONG TERM.
S$1.1M | S$3,800 Monthly Rent | 4.15% Gross Yield | FREEHOLD
Common facilities
Car park
Affordability
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Novena Hill

Built in 1975, Novena Hill freehold apartment had stood the test of time. The 44-years old apartment is situation at 33-59B, Jalan Novena Singapore, in District 11. It is a few minutes walk from Novena MRT station and is nearby both Thomson Medical Centre and Tan Tock Seng Hospital. The apartment is close by to some of the best education institutions like Anglo-Chinese School and St Joseph Institute Junior . As Novena Hill is near to Thompson, residents just need to take a stroll down to the stretch of eateries that line Thompson Road offering tantalizing choice of food. Daily necessities can be obtained from nearby Novena Square and United Square, both of which offers a wide range of amenities and services. The prestigious Premier and Tanglin Club are also within a short distance away. Getting into CBD via Victoria Street takes approximately 15 minutes while Orchard Road takes about 5-minutes on via Clemenceau Avenue North. Its location is strategic and convenient to get around. Near to amenities and services. The apartment is easily accessible and connected by major public transportation such as Novena MRT, Mount Pleasant MRT and Tao Payoh MRT stations, while those drive can get easy access into CBD and Orchard via Victorial Street and Clemenceau Avenue North respectively. On top of that, there numerous bus stop near Novena Hill. Novena MRT station (360m)Mount Pleasant MRT station (1.1km)Toa Payoh MRT station (1.2km) Anglo-Chinese School (Baker Road)CHIJ Secondary SchoolBalestier Hill Secondary SchoolSt Joseph Institution JuniorBalestier Hill Primary SchoolSingapore Chinese Girls Primary SchoolCHIJ PrimarySingapore Chiense Girls Secondary School Thompson Medical CentreTan Tock Seng HospitalMount Elizabeth Novena HospitalFarrer Park HospitalMount Elizabeth HospitalKK Women’s and Children’s Hospital Don Don Donki Square 2Cold Storage VelocityFairPrice Finest Zhong Shan ParkFairPrice Shaw PlazaZhongshan MallCold Storage United Square POSB Square 2 BranchUOBCitibankOCBCAXS Singapore Post Novena Branch Tanglin ClubPremier ClubZhongshan ParkNovena ParkNovena Rise ParkTao Payoh Town Park Kyushu Pancake CaféNan XiangChicken Hotpot (Novena Square 2)Popeyes Louisiana KitchenEAT for eat Square 2Hokkaido Fish MarketSakae SushiSaladStop! Velocity @ Novena SquareKFCSubwayOopen Pasta & GrillKuriya DiningSoup RestaurantFounder Bak Kut TehLingZhi VegetarianMasterpiece BistroHongkong Road Family RestaurantStarker Bistro Shaw Theatres Balestier United SquareNovena SquareBalestier Hill Shopping CentreSquare 2Zhongshan MallGoldhill PlazaBalestier Plaza Novena Hill is a freehold property located at Jalan Novena in District 11. It is completed in 1975. Project Name: Novena HillDistrict : 11Completed : 1975Tenure: FreeholdType: Apartment The following developments are in the same neighbourhood as Novena Hill:Moulmein StudiosMulberry TreeThe HuntingtonNovena SuitesLa Maison
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