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URA • data.gov.sg
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District 11 - Newton, Novena

CCR - 1544 transactions in last 3 years

District 11 (Newton, Novena) sits in Singapore's Core Central Region - the prime central districts known for premium pricing, freehold-heavy stock, and strong long-term capital preservation. Buyers here are typically prioritising prestige and resilience over rental yield.

Last transaction: 2026-05-01. Source: URA private residential PMI.

Key Metrics

Median PSF
$2,144
3-year window
Gross Rental Yield
2.9%
annualised, before costs
3Y Appreciation
-1.7%
median PSF CAGR
Supply PressureiHow much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.How much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.
1.5x
moderate incoming supply

Investment Score

37 / 100

Composite of appreciation (40%), yield (20%), supply (20%), schools (20%) - ranked against all 28 districts.

3Y Appreciation(40%)
-1.7%
Gross Yield(20%)
2.9%
Supply Pressure(20%)
1.5x (lower = better)
Schools(20%)
5 schools (0 elite)

Top Transacted Projects

Ranked by transaction volume in the last 3 years.

  • 1WATTEN HOUSE
    PSF$3,242
    Norm$3,242
    YieldN/A
    Txns (3Y)136
    Pipeline180
  • 2PULLMAN RESIDENCES NEWTON
    PSF$3,236
    Norm$3,236
    Yield2.9%
    Txns (3Y)49
    Pipeline-
  • 3SOLEIL @ SINARAN
    PSF$2,061
    Norm$2,397
    Yield3.8%
    Txns (3Y)41
    Pipeline-
  • 4AMARYLLIS VILLE
    PSF$2,028
    Norm$2,482
    Yield3.2%
    Txns (3Y)37
    Pipeline-
  • 5PARK INFINIA AT WEE NAM
    PSF$2,383
    Norm$2,383
    Yield2.9%
    Txns (3Y)36
    Pipeline-
  • 6SANCTUARY@NEWTON
    PSF$2,688
    Norm$2,688
    YieldN/A
    Txns (3Y)35
    Pipeline-
  • 710 EVELYN
    PSF$2,774
    Norm$2,774
    YieldN/A
    Txns (3Y)31
    Pipeline-
  • 8THOMSON 800
    PSF$1,892
    Norm$1,892
    Yield2.3%
    Txns (3Y)28
    Pipeline-
  • 926 NEWTON
    PSF$2,230
    Norm$2,230
    Yield3.5%
    Txns (3Y)25
    Pipeline-
  • 10ROCHELLE AT NEWTON
    PSF$1,917
    Norm$2,208
    YieldN/A
    Txns (3Y)25
    Pipeline-
  • 11NINETEEN SHELFORD ROAD
    PSF$1,964
    Norm$1,964
    Yield2.8%
    Txns (3Y)24
    Pipeline-
  • 12HILLCREST ARCADIA
    PSF$1,281
    Norm$1,834
    Yield3.4%
    Txns (3Y)24
    Pipeline-
  • 13THE GLYNDEBOURNE
    PSF$2,235
    Norm$2,235
    Yield2.7%
    Txns (3Y)22
    Pipeline-
  • 14ENCHANTÉ
    PSF$2,827
    Norm$2,827
    YieldN/A
    Txns (3Y)21
    Pipeline-
  • 15L'VIV
    PSF$2,254
    Norm$2,254
    Yield3.2%
    Txns (3Y)21
    Pipeline-
#ProjectMedian PSFNorm PSFGross YieldTxns (3Y)Incoming Units
1WATTEN HOUSE$3,242$3,242N/A136180
2PULLMAN RESIDENCES NEWTON$3,236$3,2362.9%49-
3SOLEIL @ SINARAN$2,061$2,3973.8%41-
4AMARYLLIS VILLE$2,028$2,4823.2%37-
5PARK INFINIA AT WEE NAM$2,383$2,3832.9%36-
6SANCTUARY@NEWTON$2,688$2,688N/A35-
710 EVELYN$2,774$2,774N/A31-
8THOMSON 800$1,892$1,8922.3%28-
926 NEWTON$2,230$2,2303.5%25-
10ROCHELLE AT NEWTON$1,917$2,208N/A25-
11NINETEEN SHELFORD ROAD$1,964$1,9642.8%24-
12HILLCREST ARCADIA$1,281$1,8343.4%24-
13THE GLYNDEBOURNE$2,235$2,2352.7%22-
14ENCHANTÉ$2,827$2,827N/A21-
15L'VIV$2,254$2,2543.2%21-

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Amenities

5 tracked primary schools.

  • Singapore Chinese Girls' PrimaryP1 ratio 1.5x
  • St. Andrew's Junior SchoolP1 ratio 1.4x
  • Raffles Girls' Primary SchoolP1 ratio 1.4x
  • Anglo-Chinese School (Primary)P1 ratio 1.3x
  • St. Joseph's Institution JuniorP1 ratio 1.2x

Incoming Supply

  • Condominium development
    380 unitsTOP na
  • Dunearn House
    380 unitsTOP na
  • WATTEN HOUSE
    180 unitsTOP 2027
  • 32 GILSTEAD
    14 unitsTOP 2026
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