District 12 · Novena · RCR
Giffard Mansions
Balestier Road · Apartment · Freehold
Current PSF
$1,153
-27.6% vs district median
Gross yield
2.6%
median rent $4,300/mo
3-year gain
0.0%
Transactions · 5y
3
2 in last 12 months
Nearest MRT
Toa Payoh Mrt Station · 784.583m
NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$11,500/mo median
commercial zone
En-bloc potential44 / 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
2%
PSF dispersion within project
The neighbourhood
Secondary
Bendemeer Secondary School · 1.3km
Food
Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market) · 631m - 3 hawker centres within 1km
Green
Toa Payoh Town Pk · 531m - 3 parks within 1km
Mall
Zhongshan Mall · 295m
Health
Ttsh Integrated Care Hub (hospital) · 414m
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
2024
$1,140
2026
$1,153
+1.1%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 4BR | $4,400/mo | $2.51 | 2.6% | 4 |
Recent transactions URA, latest 3
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $2,065,000 | 1,755 | $1,177 | 01-05 |
| May 2026 | $1,980,000 | 1,755 | $1,129 | 01-05 |
| Oct 2024 | $2,000,888 | 1,755 | $1,140 | 06-10 |
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Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
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More in District 12
The HDB blocks next door
The entry point, measured: what the resale flats around Giffard Mansions actually sell for - this project trades at 2.1× the nearest block’s PSF.