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Novena Lodge

1998 Condominium

CondosD11 ≫ Novena Lodge

Condo Info

Address 2 Jalan Merlimau, Singapore 308729
District D11
Developer Novena Development Pte Ltd
Tenure Freehold
TOP 1998
Number of Units 66
Highest floor 4
Area (sqm) 55 - 96
Transactions RentalSaleProfitability

Rental Analysis

Bedrooms Volume Low High Average PSF Yield
1 1 $3,300 $3,300 $3,300 $6.00 -
2 4 $3,500 $3,700 $3,600 $4.88 -
3 13 $3,100 $4,300 $3,850 $4.03 -
Rental Rate: 36.36%
Bedrooms Volume Low High Average PSF Yield
1 4 $2,900 $3,300 $3,175 $5.77 -
2 21 $2,600 $5,100 $3,599 $4.84 2.71%
3 34 $2,850 $5,500 $4,038 $4.23 2.84%
Rental Rate: 32.51%
Bedrooms Volume Low High Average PSF Yield
1 17 $2,050 $3,300 $2,563 $4.66 -
2 78 $2,000 $5,100 $2,850 $3.86 2.74%
3 150 $2,300 $5,500 $3,192 $3.34 2.49%
Rental Rate: 38.07%
Bedrooms Volume Low High Average PSF Yield
1 24 $2,050 $3,300 $2,586 $4.70 5.37%
2 110 $2,000 $5,100 $2,915 $3.92 4.21%
3 224 $2,300 $5,500 $3,288 $3.44 3.91%
NA 302 $700 $4,200 $2,273 $2.65 -
Rental Rate: 39.09%


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Sale & Profitability Analysis

No sale transaction

Bedrooms Volume Low High Average Price PSF
2 1 $1.685m $1.685m $1.685m $2,144
3 2 $1.680m $1.680m $1.680m $1,784
Bedrooms Volume Low High Average Profit Years Held Annualized
2 1 $520k $520k $520k 4.21 9.15%
3 2 $580k $953k $766k 18.47 3.47%
Bedrooms Volume Low High Average Price PSF
2 5 $1.050m $1.685m $1.291m $1,691
3 6 $1.312m $1.728m $1.537m $1,610
Bedrooms Volume Low High Average Profit Years Held Annualized
2 5 $108k $698k $412k 11.05 4.17%
3 5 $389k $953k $598k 17.73 3.27%
Resale Rate: 2.28%
Bedrooms Volume Low High Average Price PSF
1 6 $0.520m $0.775m $0.630m $1,050
2 28 $0.455m $1.685m $0.854m $1,118
3 82 $0.510m $1.728m $1.020m $1,057
Bedrooms Volume Low High Average Profit Years Held Annualized
1 2 -$122k $255k $67k 7.37 5.07%
2 14 -$275k $698k $203k 9.11 2.2%
3 37 -$409k $953k $77k 9.6 0.03%
Resale Rate: 3.78%


👉🏻 View all sale transactions
👉🏻 View all profitability

Location


https://sg1-cdn.pgimgs.com/projectnet-project/5712/ZPPHO.96890906.R350X350.jpg
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https://sg1-cdn.pgimgs.com/projectnet-project/5712/ZPPHO.96890907.R350X350.jpg
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