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The Novena residential precinct in District 11 is a main town-fringe site characterized by a mix of recent significant-rise condominiums and set up developments. Its appeal is anchored by the Novena MRT station, a cluster of shopping malls like Velocity@Novena Sq. and United Square, and also the comprehensive professional medical hub, Wellbeing City Novena. More recent freehold assignments such as Neu at Novena, Found at 27 Moulmein Rise, command high quality rates with for every-square-foot (psf) fees amongst S2,600andS2,800. In the resale current market, the very popular 99-12 months leasehold Soleil @ Sinaran at 2 Sinaran Generate sees two-Bed room units transacting for S2.0milliontoS2.3 million, or close to S2,100toS2,300 psf. The rental market place is extremely powerful due to the presence on the medical hub, with 2-bedroom apartments in the region fetching high regular monthly rents of S7,000toS8,000. This mixture of unparalleled comfort, prime-tier features, and powerful rental motorists makes Novena a best-tier choice for both equally homeowners and more info buyers.
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