District 11 · Novena · CCR
Pullman Residences Newton
Dunearn Road · Apartment · Freehold
Current PSF
$2,984
+49.9% vs district median
Gross yield
3.4%
median rent $4,600/mo
3-year gain
-7.2%
Transactions · 5y
262
2 in last 12 months
Nearest MRT
Newton Mrt Station · 162.228m
DTL,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
88.9%
flip ratio, last 24 months
Price spread
6%
PSF dispersion within project
The neighbourhood
P1 ring
Anglo-Chinese School (Primary) 557m · Phase 2C 1.5× balloted · Anglo-Chinese School (Junior) 627m · Phase 2C 1.6× balloted · St. Joseph'S Institution Junior 815m · Phase 2C 1.5× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Food
Newton Food Centre · 311m
Green
Hooper Rd Pg · 523m - 6 parks within 1km
Mall
Goldhill Shopping Centre · 662m
Health
Kk Women'S And Children'S Hospital (hospital) · 984m
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 2025215m from Newton - ~5,000 new homes announced
The launch, by the record
developer sales + new-sale caveats · URA - the numbers a brochure won’t print
Sold to date
339 / 340
100% taken up · 26 '06
Median price
$0k
$0k–$0k band
Unit sizes sold
667 sqft
463–1389 sqft range
Still available
1
units unsold
Take-up over time · cumulative units sold
What actually sold · by strata size (sqft)
463–618
76
618–773
86
773–928
0
928–1083
0
1083–1238
54
1238–1389
52
What the record shows
The early buyer’s position
Buyers who bought from the developer in 2021 paid an average of $2,850 psf (45 sales). At today’s $2,984 psf, they are up 5% on paper.
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $3,260 psf - 14% above units on floors 1–5 ($2,862 psf).
Price trend average PSF by year
2021
$2,850
2022
$2,995
+5.1%
2023
$3,214
+7.3%
2024
$3,117
-3%
2025
$3,128
+0.4%
2026
$2,984
-4.6%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $4,000/mo | $8.89 | 3.6% | 37 |
| 2BR | $5,000/mo | $7.69 | 3.1% | 35 |
| 3BR | $8,400/mo | $7.30 | 2.9% | 6 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Mar 2026 | $1,288,888 | 463 | $2,785 | 16-20 |
| Feb 2026 | $3,700,000 | 1,163 | $3,183 | 06-10 |
| Jun 2025 | $4,100,000 | 1,378 | $2,976 | 01-05 |
| May 2025 | $2,000,000 | 667 | $2,997 | 11-15 |
| Apr 2025 | $3,938,000 | 1,163 | $3,388 | 11-15 |
| Mar 2025 | $4,500,000 | 1,378 | $3,266 | 06-10 |
| Jan 2025 | $3,500,000 | 1,163 | $3,011 | 06-10 |
| Oct 2024 | $3,950,000 | 1,378 | $2,867 | 06-10 |
| Aug 2024 | $2,050,000 | 667 | $3,072 | 06-10 |
| Mar 2024 | $1,590,000 | 463 | $3,435 | 26-30 |
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