District 09 · Novena · CCR
Newton Edge
Makeway Avenue · Apartment · Freehold
Current PSF
$2,077
-9.8% vs district median
Gross yield
3.1%
median rent $3,550/mo
3-year gain
5.1%
Transactions · 5y
18
3 in last 12 months
Nearest MRT
Newton Mrt Station · 450.406m
DTL,NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$11,500/mo median
residential zone
En-bloc potential35 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
+5.6%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
2%
PSF dispersion within project
The neighbourhood
P1 ring
Anglo-Chinese School (Junior) 408m · Phase 2C 1.6× balloted · St. Joseph'S Institution Junior 674m · Phase 2C 1.5× balloted · Anglo-Chinese School (Primary) 946m · Phase 2C 1.5× balloted · Farrer Park Primary School 965m · Phase 2C 0.2× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Food
Newton Food Centre · 301m - 2 hawker centres within 1km
Green
Hooper Rd Pg · 124m - 5 parks within 1km
Mall
Goldhill Shopping Centre · 657m
Health
Kk Women'S And Children'S Hospital (hospital) · 585m
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%
Master Plan 2025402m from Newton - ~5,000 new homes announced
Price trend average PSF by year
2021
$1,821
2022
$1,660
-8.8%
2023
$1,980
+19.3%
2024
$2,069
+4.5%
2025
$2,076
+0.3%
2026
$2,081
+0.2%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,000/mo | $6.67 | 3.9% | 90 |
| 2BR | $3,800/mo | $5.07 | 2.9% | 122 |
| 3BR | $4,500/mo | $3.10 | 1.8% | 5 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $1,680,000 | 807 | $2,081 | 06-10 |
| Oct 2025 | $1,220,000 | 581 | $2,099 | 06-10 |
| Aug 2025 | $1,280,000 | 624 | $2,050 | 16-20 |
| May 2025 | $918,000 | 441 | $2,080 | 06-10 |
| Nov 2024 | $2,150,000 | 1,066 | $2,018 | 11-15 |
| Oct 2024 | $1,590,000 | 753 | $2,110 | 01-05 |
| Jul 2024 | $1,958,000 | 915 | $2,140 | 11-15 |
| Mar 2024 | $1,030,000 | 506 | $2,036 | 06-10 |
| Jan 2024 | $1,868,000 | 915 | $2,042 | 01-05 |
| Oct 2023 | $1,550,000 | 807 | $1,920 | 11-15 |
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More in District 09
The HDB blocks next door
The entry point, measured: what the resale flats around Newton Edge actually sell for - this project trades at 2.9× the nearest block’s PSF.