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District 11 · Novena · CCR

Minbu Villa

Minbu Road · Apartment · Freehold

Current PSF
$1,302
-34.6% vs district median
Gross yield
2.3%
median rent $6,150/mo
3-year gain
0.0%
Transactions · 5y
5
1 in last 12 months
Nearest MRT
Novena Mrt Station · 766.34m
NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$11,500/mo median
residential zone
En-bloc potential46 / 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
3D →
Minbu Road, District 11 · 1 km P1 ring · mrt · school · food · park · mall · health · zones: parks, commercial, reserve - hover
The neighbourhood
P1 ring
St. Joseph'S Institution Junior 922m · Phase 2C 1.5× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Bendemeer Secondary School · 1.4km
Food
Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market) · 717m - 2 hawker centres within 1km
Green
Toa Payoh Town Pk · 549m - 3 parks within 1km
Mall
Zhongshan Mall · 211m
Health
Ttsh Integrated Care Hub (hospital) · 301m

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

Singapore Zhongshan Park 14 05 2024(3)LN9267 · CC BY-SA 4.0
Opposite Zhongshan Mall 14 05 2024LN9267 · CC BY-SA 4.0
Zhongshan Mall McDonald's food and drinks 14 05 2024(1)LN9267 · CC BY-SA 4.0
Zhongshan Mall 14 05 2024(13)LN9267 · CC BY-SA 4.0

Price trend average PSF by year

2021
$1,199
2022
$1,220
+1.8%
2025
$1,296
+6.2%
2026
$1,302
+0.5%

Rental by bedroom

BedroomsMedian rentRental PSFYieldContracts
3BR$6,500/mo$2.772.5%5
4BR$5,100/mo$2.001.8%5

Recent transactions URA, latest 5

DatePriceArea (sqft)PSFFloor
Mar 2026$3,280,0002,519$1,30206-10
Apr 2025$3,180,0002,336$1,36106-10
Apr 2025$3,100,0002,519$1,23106-10
Jun 2022$2,850,0002,336$1,22006-10
Sept 2021$2,800,0002,336$1,19906-10
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Grounded in this project’s data - yield, en-bloc, lease, nearby condos.

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More in District 11

The HDB blocks next door

The entry point, measured: what the resale flats around Minbu Villa actually sell for - this project trades at 2.0× the nearest block’s PSF.

Data: URA private residential transactions & rentals (5-year window, updated weekly), data.gov.sg, OneMap, LTA DataMall. PSF and yield figures are computed from actual transactions and rental contracts - not estimates.
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Data: URA, HDB & SingStat (via data.gov.sg), OneMap © SLA, LTA DataMall, MOE - used under the Singapore Open Data Licence.