NOVENA LODGE
UrbanLens Analysis
NOVENA LODGE has recorded zero resale transactions over the past 24 months, making it impossible to establish a reliable current market PSF. The District 11 median stands at $1,983 PSF, the best available reference point. The development sits a 5-minute walk from Novena MRT, giving it excellent transit access.
Among nearby comparables, WATTEN HOUSE trades at $3,264 PSF with 1.8% price movement over 24 months. SANCTUARY@NEWTON at $2,691 PSF (+1.7%) provides another data point. AMARYLLIS VILLE ($2,060 PSF) rounds out the comparable set. Without recent transactions, any valuation is speculative and should be cross-referenced with agent appraisals.
No rental yield data is available, common for very small or owner-occupied projects. AMARYLLIS VILLE yields 2.96% and serves as the closest rental benchmark. The District 11 average yield of 3.01% provides additional context for income modelling.
Freehold tenure eliminates lease-decay risk and preserves full en-bloc optionality for long-term holders. At 66 units, the mid-sized development should theoretically support more regular turnover. This is a hold-and-wait story; sellers need patience and realistic price expectations.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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