District 12 · Novena · RCR
Scenic Heights
Balestier Road · Apartment · Freehold
Current PSF
$1,597
+0.3% vs district median
Gross yield
2.7%
median rent $4,000/mo
3-year gain
3.2%
Transactions · 5y
8
1 in last 12 months
Nearest MRT
Novena Mrt Station · 946.226m
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
11%
PSF dispersion within project
The neighbourhood
P1 ring
Hong Wen School 608m · Phase 2C 2.5× balloted · St. Joseph'S Institution Junior 841m · Phase 2C 1.5× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Bendemeer Secondary School · 977m
Food
Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market) · 290m - 3 hawker centres within 1km
Green
Pek Kio Park · 631m
Mall
Zhongshan Mall · 858m
Health
Tan Tock Seng Hospital (hospital) · 427m
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
$1,290
2022
$1,445
+12%
2023
$1,547
+7.1%
2024
$1,516
-2%
2025
$1,659
+9.4%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 2BR | $3,700/mo | $3.89 | 2.9% | 16 |
| 3BR | $4,000/mo | $3.20 | 2.4% | 27 |
Recent transactions URA, latest 9
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Aug 2025 | $2,200,000 | 1,378 | $1,597 | 01-05 |
| Jul 2025 | $1,575,000 | 915 | $1,721 | 06-10 |
| Nov 2024 | $3,400,000 | 2,443 | $1,392 | 16-20 |
| Jul 2024 | $1,500,000 | 915 | $1,639 | 11-15 |
| Oct 2023 | $2,068,000 | 1,292 | $1,601 | 11-15 |
| May 2023 | $1,880,000 | 1,259 | $1,493 | 11-15 |
| Aug 2022 | $1,320,000 | 915 | $1,443 | 11-15 |
| Jun 2022 | $950,000 | 657 | $1,447 | 01-05 |
| Jul 2021 | $1,180,000 | 915 | $1,290 | 11-15 |
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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 Scenic Heights actually sell for - this project trades at 2.2× the nearest block’s PSF.