Novena Hill
33B Jalan Novena
S$ 1,250,000
2
Beds
1
Bath
710
sqft
S$ 1,760.56
psf
470 m (6 mins) from NS20 Novena MRT Station

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About this property
Freehold 710 Sqft High Rental Yield Near Novena MRT
A rare opportunity to acquire a freehold apartment in the heart of Novena that combines immediate rental income with long-term capital appreciation potential.
Positioned within one of Singapore’s most established city-fringe districts, this efficient 710 sqft apartment offers an attractive entry price into the freehold market while benefiting from consistently strong rental demand generated by the Novena medical hub, CBD professionals and expatriate tenants.
The unit is currently achieving S$3,800 per month, providing buyers with immediate income upon acquisition. Combined with a low MCST contribution of only S$405 per quarter, the property offers an attractive net holding cost uncommon within the Novena precinct.
Historical transactions within the development demonstrate a consistent upward trajectory in values over the past decade, reflecting both the scarcity of freehold developments in the area and the enduring demand for centrally located homes.
Unit Highlights
• Freehold tenure
• 710 sqft
• Functional and efficient layout
• Bright living and dining area
• Spacious bedroom
• Open concept kitchen
• Low maintenance configuration
• Excellent for own stay or investment
Investment Highlights
• Immediate rental income
• Strong rental demand from Novena medical precinct
• Attractive net rental yield
• Low quarterly MCST of only S$405
• Rare affordable freehold opportunity in District 11
• Proven long-term capital appreciation
• Positive cashflow potential from Day One
Excellent Connectivity
• Minutes to Novena MRT
• Close to Orchard Road and CBD
• Easy access to PIE and CTE
• Surrounded by shopping malls, supermarkets, restaurants and everyday conveniences
• Near Tan Tock Seng Hospital, Mount Elizabeth Novena Hospital, Thomson Medical Centre and the HealthCity Novena masterplan.
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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