Novena Hill (D11), Apartment - For Sale

A rare opportunity to own a freehold District 11 investment generating S$45,600 in annual rental income at an attractive S$1.1M entry price.

Located in the established Novena precinct, this 710 sqft, 2-bedroom apartment combines immediate rental returns, exceptionally low maintenance costs and long-term freehold ownership.

INVESTMENT PERFORMANCE

• Investment Price: S$1,100,000
• Monthly Rental: S$3,800
• Annual Rental Income: S$45,600
• Gross Rental Yield: 4.15%
• MCST: Only S$405/Quarter
• Annual MCST: S$1,620
• Yield After MCST: 4.00%
• Annual Income After MCST: S$43,980

Figures exclude property tax, financing and other ownership expenses.

WHY INVEST HERE?

1. Strong Rental Yield

At 4.15% gross yield, this freehold property presents a compelling income-generating opportunity within Singapore's prime city-fringe market.

2. Immediate Rental Income

Already tenanted at S$3,800 monthly. No speculative rental projections — an established income stream from acquisition, subject to tenancy terms.

3. Exceptionally Low Maintenance

Just S$135 monthly equivalent in MCST contributions, preserving more of your rental income.

4. Prime Novena Rental Catchment

Close to Tan Tock Seng Hospital, Mount Elizabeth Novena Hospital, Thomson Medical Centre and HealthCity Novena. An established catchment of healthcare professionals, expatriates and CBD workers supports rental demand.

5. Freehold Ownership

Own a centrally located freehold asset without lease decay, with potential for long-term capital appreciation.

PROPERTY HIGHLIGHTS

• Freehold | District 11 | RCR
• 710 sqft | 2 Bedrooms | 1 Bathroom
• Efficient, functional layout
• Open-concept kitchen
• Low recurring maintenance
• Established rental income

EXCELLENT CONNECTIVITY

• Novena MRT
• Orchard Road and CBD
• PIE and CTE
• Velocity, Novena Square and United Square
• Medical, dining and retail amenities

INVEST FOR INCOME. OWN FOR THE LONG TERM.

S$1.1M | S$3,800 Monthly Rent | 4.15% Gross Yield | FREEHOLD