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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 6 $3,500 $3,700 $3,617 $4.88 -
3 12 $3,100 $4,300 $3,888 $4.07 -
Rental Rate: 34.55%
Bedrooms Volume Low High Average PSF Yield
1 4 $2,900 $3,300 $3,175 $5.77 -
2 21 $3,200 $3,900 $3,580 $4.79 2.68%
3 33 $3,100 $4,700 $4,035 $4.23 2.84%
Rental Rate: 31.02%
Bedrooms Volume Low High Average PSF Yield
1 16 $2,050 $3,300 $2,563 $4.66 -
2 80 $2,000 $5,100 $2,878 $3.89 2.76%
3 151 $2,300 $5,500 $3,198 $3.35 2.49%
Rental Rate: 38.06%
Bedrooms Volume Low High Average PSF Yield
1 24 $2,050 $3,300 $2,586 $4.70 5.37%
2 113 $2,000 $5,100 $2,934 $3.95 4.24%
3 225 $2,300 $5,500 $3,292 $3.44 3.91%
NA 302 $700 $4,200 $2,273 $2.65 -
Rental Rate: 38.94%


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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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