Novelis — recent transacted prices and indicative value
Freehold
Too little recent data here to publish a reliable figure. 2 recorded sales in the last 24 months; at least 3 are needed to publish a reliable figure. Everything we hold is below.
How has the price at Novelis changed?
The median price at Novelis has risen 5.0% from S$1,792 psf in Q4 2021 to S$1,881 psf in Q3 2026. This reflects recorded transactions and is not a formal valuation.
How accurate is this estimate for Novelis?
Too few sales since Q1 2026 to score the estimate here. Three are the minimum, and this project has not had them.
What does a unit at Novelis rent for?
A typical unit at Novelis rents for about S$3,200 a month, the middle of 6 leases of a similar size recorded by URA. That is a gross yield of 3.87% on the indicative value. Indicative, from recorded rents.
What this home earns against what it costs, set beside what homes like it earn.
3.87% gross yield
S$38,400 of rent a year against the estimate above · 1.25 points above flats like it
Leases signed here within a quarter of this size run about S$3,200 a month, the middle of 6 of them.
In the core central region, freehold flats yield 2.63%, from 804 projects. Too few share this home's remaining lease to measure that separately.
A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.
Recent leases signed here
| Signed | Size | Beds | Type | Rent a month |
|---|---|---|---|---|
| Q3 2026 | 800-900 sqft | 2 | Non-landed Properties | S$4,150 |
| Q3 2026 | 800-900 sqft | 2 | Non-landed Properties | S$3,800 |
| Q3 2026 | 500-600 sqft | 1 | Non-landed Properties | S$3,200 |
| Q2 2026 | 1200-1300 sqft | 3 | Non-landed Properties | S$6,500 |
| Q2 2026 | 500-600 sqft | 1 | Non-landed Properties | S$3,400 |
| Q2 2026 | 500-600 sqft | 1 | Non-landed Properties | S$3,400 |
| Q2 2026 | 500-600 sqft | 1 | Non-landed Properties | S$3,200 |
| Q2 2026 | 500-600 sqft | 1 | Non-landed Properties | S$3,200 |
median of 6 URA rental contracts at Novelis within a quarter of 49 sqm, since 2025Q4.
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What sizes sell at Novelis?
- 40-60 sqm5 sales
- 60-80 sqm2 sales
Nearest projects
- Apleton View · 27 m · 8 sales
- The Springs · 72 m · 6 sales
- Mulberry Tree · 79 m · 12 sales
- The Huntington · 85 m · 4 sales
- Neu At Novena · 89 m · 13 sales
Buying or selling here?
Buying: Stamp duty · Cash and CPF needed · How much can I borrow · Monthly repayment.
Selling: Net proceeds from selling.
What has sold at Novelis recently?
| Date | Detail | Area | Price | Per area |
|---|---|---|---|---|
| Aug 2026 | Novelis · 06-10 · Apartment | 527 sqft | S$992,000 | S$1,881 psf |
| Jun 2026 | Novelis · 01-05 · Apartment | 527 sqft | S$990,000 | S$1,877 psf |
| Mar 2023 | Novelis · 06-10 · Apartment | 527 sqft | S$958,000 | S$1,816 psf |
| Feb 2023 | Novelis · 01-05 · Apartment | 807 sqft | S$1,580,000 | S$1,957 psf |
| Apr 2022 | Novelis · 01-05 · Apartment | 527 sqft | S$880,000 | S$1,668 psf |
| Feb 2022 | Novelis · 11-15 · Apartment | 807 sqft | S$1,520,000 | S$1,883 psf |
| Nov 2021 | Novelis · 06-10 · Apartment | 527 sqft | S$945,000 | S$1,792 psf |
Sale prices as filed in caveats.
| Period | Detail | Monthly rent | Per area |
|---|---|---|---|
| Q3 2026 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$4,150 | S$4.88 psf |
| Q3 2026 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$3,800 | S$4.47 psf |
| Q3 2026 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,200 | S$5.82 psf |
| Q2 2026 | Novelis · 1200-1300 sqft · 3 bed · Non-landed Properties | S$6,500 | S$5.20 psf |
| Q2 2026 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,400 | S$6.18 psf |
| Q2 2026 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,400 | S$6.18 psf |
| Q2 2026 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,200 | S$5.82 psf |
| Q2 2026 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,200 | S$5.82 psf |
| Q4 2025 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,150 | S$5.73 psf |
| Q3 2025 | Novelis · 1200-1300 sqft · 3 bed · Non-landed Properties | S$6,250 | S$5.00 psf |
| Q3 2025 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$4,500 | S$5.29 psf |
| Q3 2025 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$4,500 | S$5.29 psf |
| Q3 2025 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$3,900 | S$4.59 psf |
| Q3 2025 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$3,900 | S$4.59 psf |
| Q3 2025 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$3,800 | S$4.47 psf |
| Q3 2025 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,300 | S$6.00 psf |
| Q1 2025 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$4,000 | S$4.71 psf |
| Q1 2025 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,300 | S$6.00 psf |
| Q1 2025 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,200 | S$5.82 psf |
| Q4 2024 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$4,400 | S$5.18 psf |
| Q4 2024 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$4,100 | S$4.82 psf |
| Q4 2024 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,900 | S$7.09 psf |
| Q4 2024 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,150 | S$5.73 psf |
| Q4 2024 | Novelis · 500-600 sqft · 1 bed · Non-landed Properties | S$3,000 | S$5.45 psf |
| Q3 2024 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$3,800 | S$4.47 psf |
| Q3 2024 | Novelis · 800-900 sqft · 2 bed · Non-landed Properties | S$3,800 | S$4.47 psf |
Rents as approved by HDB, or as filed with URA for private homes, where the floor area is given as a band.