District 12 · Novena · RCR
De Royale
Jalan Rama Rama · Condominium · Freehold
Current PSF
$1,874
+17.8% vs district median
Gross yield
2.4%
median rent $4,700/mo
3-year gain
4.5%
Transactions · 5y
13
5 in last 12 months
Nearest MRT
Toa Payoh Mrt Station · 619.132m
NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$11,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
5%
PSF dispersion within project
The neighbourhood
P1 ring
Chij Primary (Toa Payoh) 989m · Phase 2C 1.6× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Bendemeer Secondary School · 1.3km
Food
Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market) · 724m - 4 hawker centres within 1km
Green
Toa Payoh Town Pk · 372m - 3 parks within 1km
Mall
Zhongshan Mall · 324m
Health
Ttsh Integrated Care Hub (hospital) · 571m
Who lives in Novena
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
49,330
Median age
43 yrs
45% under 40 · getting older
Children 0–9
5,060
▲ 1% since 2015 · future P1 demand
Household size
3.1 avg
Homes
44% HDB
39% condo · 16% landed
Degree holders
48%
residents 15+
Commute
48% transit
31% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,401
2022
$1,527
+9%
2023
$1,822
+19.3%
2024
$1,806
-0.9%
2025
$1,893
+4.8%
2026
$1,904
+0.6%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,800/mo | $3.62 | 2.3% | 41 |
| 3BR | $4,500/mo | $3.60 | 2.3% | 114 |
| 4BR | $6,600/mo | - | - | 4 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $2,438,888 | 1,281 | $1,904 | 31-35 |
| Dec 2025 | $2,490,000 | 1,259 | $1,977 | 26-30 |
| Nov 2025 | $2,388,888 | 1,259 | $1,897 | 06-10 |
| Aug 2025 | $2,340,000 | 1,259 | $1,858 | 01-05 |
| Aug 2025 | $1,830,000 | 1,055 | $1,735 | 01-05 |
| Jun 2025 | $2,500,000 | 1,281 | $1,952 | 31-35 |
| Feb 2025 | $2,560,000 | 1,281 | $1,999 | 31-35 |
| Feb 2025 | $2,310,000 | 1,259 | $1,834 | 26-30 |
| Mar 2024 | $2,275,000 | 1,259 | $1,806 | 06-10 |
| Oct 2023 | $2,430,000 | 1,281 | $1,897 | 31-35 |
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More in District 12
The HDB blocks next door
The entry point, measured: what the resale flats around De Royale actually sell for - this project trades at 3.4× the nearest block’s PSF.