Novena Hill - 5 Units for Sale

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Novena Hill – PropertyGuru Market Pulse Insights

Recent PropertyGuru search data shows the development maintaining visibility in the local market of Newton / Novena. Drawing on 30 days of PropertyGuru search activity, the project remains part of the current browsing mix for buyers exploring this central location. This presence within the district suggests that the property continues to be a point of reference for those evaluating established residential options in the area.

Most-searched Units: 2-Bedroom

Pricing by Unit Types:

• 2-Bedroom Units:
  • Avg Asking Price: S$ 1.34M
  • Avg PSF: S$ 1,887 psf (24.24% lower compared to Newton / Novena average of S$ 2,491 psf)
  • Available Units: 5

Key Takeaway: Recent market data highlights a clear, pronounced buyer preference for the 2-Bedroom configurations, which currently drive the primary search interest for this project. With only 5 units available, the limited inventory of these layouts aligns with a highly competitive entry point into the district. The development represents a significant value proposition, as its average pricing sits at a notable discount compared to the broader Newton / Novena market average. This combination of a lower price-per-square-foot and concentrated interest suggests steady support for the property among budget-conscious buyers seeking a central location.

Location & Lifestyle Highlights — Novena Hill 470m (6 mins) to NOVENA MRT STATION — This station sits on the North-South Line, offering a direct and fast link to Orchard Road and the Central Business District for an easy daily commute. Novena Hill is a well-established freehold residence that places you right at the heart of one of Singapore's most established medical and lifestyle hubs. Living here means having a perfect balance of quiet residential charm and the immediate convenience of the bustling Novena commercial cluster just a short walk away. Nearby hotspots: MRT Stations:

• NOVENA MRT STATION (470m, 6 mins) — Major transport node providing quick access to the city center and northern residential estates.

Bus Stops (36 within 1 km):

• OPP NOVENA LODGE (264m, 3-4 mins) — Convenient stop for residents heading towards the Thomson area or city-bound routes.
• OPP THOMSON MED CTR (324m, 3-4 mins) — Handy transport link located right across from the medical hub for easy neighborhood hopping.

Education & Early Learning:

• SAN YU ADVENTIST SCHOOL (414m, 4-5 mins) — Private educational institution located within very close walking distance for students.
• KIDDIWINKIE SCHOOLHOUSE (439m, 5-6 mins) — Nearby preschool option providing quality early childhood education for young families.
• ST JOSEPH'S INSTITUTION (JUNIOR) (901m, 10-11 mins) — Reputable primary school for boys situated within a short drive or manageable walk.

Healthcare & Wellness:

• HEALTHCITY NOVENA (292m, 3-4 mins) — Massive integrated healthcare masterplan providing world-class medical services and specialist care right at your doorstep.
• HYPERBARIC MEDICAL SERVICES (298m, 3-4 mins) — Specialized medical facility offering niche health treatments nearby.
• K C YEO SURGERY CLINIC FOR WOMEN (368m, 4-5 mins) — Dedicated women's health services located conveniently within the Novena medical cluster.

Shopping & Retail:

• SQUARE 2 (371m, 4-5 mins) — Vibrant mall with a wide variety of Korean-themed retail shops, fashion boutiques, and essential services.
• VELOCITY @ NOVENA SQUARE (463m, 5-6 mins) — Sports-themed lifestyle mall perfect for active residents looking for gear, apparel, and fitness-related retail.
• COLD STORAGE (482m, 5-6 mins) — Reliable supermarket for high-quality groceries and fresh produce for your daily needs.

Dining & Food:

• CHTEAUX (243m, 2-3 mins) — Nearby dining spot for a quick meal or evening out without having to travel far.
• DON DON DONKI (359m, 4-5 mins) — Popular Japanese marketplace offering a huge range of ready-to-eat meals and specialty snacks.
• POPEYES (380m, 4-5 mins) — Quick and easy casual dining option for families and busy professionals.

Highly attractive for: Urban Professionals, Healthcare Workers, Savvy Investors, and Young Couples.

Market & Rental Insights

Novena Hill demonstrates significant capital growth potential alongside a consistent rental profile in a prime residential district.

• PSF Appreciation: S$1,496 → S$1,774 over recent years (+18.58%) from 2023 - 2026.
• Expected Rental Yield: At 3.05%, this reflects a healthy return for investors.
• Transactions: 4 rental transactions in the last 6 months and 1 sale transactions in the last 12 months, indicating modest rental and limited sale activity.
• PG Pulse Insight: With a healthy rental yield of 3.05% and substantial PSF appreciation of 18.58%, Novena Hill remains an attractive asset despite modest transaction volumes.

Published date: September 1, 2026