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Novelis

Apartment · District 11 (Novena / Newton / Thomson) · Core Central Region · Freehold · Updated Mar 2023 Freehold

Novelis is a freehold apartment development in District 11 (Novena / Newton / Thomson). It has 5 recorded private transactions. Latest sale: $958,000 (Mar 2023, 49 sqm, floors 06-10). Median $1,816/sqft.

Latest Sale
$958,000
Mar 2023 · 49 sqm
Median Price
$1,816/sqft
$958,000 typical unit
Transactions
5
$1,668–$1,957 psf
Price Trend
Too few periods

Where Novelis ranks in District 11

All 102 projects ›
Median psf
#67 / 102
Typical unit price
#98 / 102
Most recent sale
#96 / 102

Median psf over time

Estimate a unit at Novelis

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +3%/yr
Growth scenario
In 5 years

Freehold development — no lease decay applied. Projection is pure market growth. Past growth does not guarantee future performance. Not financial advice.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,813 2
06-10 $1,804 2
11-15 $1,883 1

Recent transactions

DateFloorType AreaPricepsf
Mar 2023 06-10 Resale 49 sqm $958,000 $1,816
Feb 2023 01-05 Resale 75 sqm $1,580,000 $1,957
Apr 2022 01-05 Resale 49 sqm $880,000 $1,668
Feb 2022 11-15 Resale 75 sqm $1,520,000 $1,883
Nov 2021 06-10 Resale 49 sqm $945,000 $1,792
Showing 5 of 5 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Novelis

Novelis is a freehold development in District 11 (Novena / Newton / Thomson), within the Core Central Region of Singapore. It has a thinner transaction history, with 5 recorded apartment transactions between 2021-11 and 2023-03, ranging from $880,000 to $1,580,000. The most recent transaction was a 49 sqm unit (floors 06-10) sold for $958,000 in 2023-03, and the median price is $1,816 per square foot. As a freehold development, it is not subject to meaningful lease decay. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Novelis cost?

The most recent transaction at Novelis was $958,000 for a 49 sqm unit in 2023-03. The median price is $1,816 per square foot across 5 transactions, ranging from $880,000 to $1,580,000. Data sourced from URA.

Is Novelis freehold or leasehold?

Novelis is freehold development, so it is not subject to meaningful lease decay.

What is the price per square foot (psf) at Novelis?

The median price at Novelis is $1,816 psf, with transactions ranging from $1,668 to $1,957 psf. This is based on 5 URA-recorded transactions in District 11.