HomeRentCondo Whole Unit2RMD11 - Newton / NovenaGilstead Two2 Bed Condo for Rent in Gilstead Two

2 Bed Condo for Rent in Gilstead Two

2 Gilstead Road 309061, Moulmein, Central Region, Singapore

$5,000 /month

Added 2 months ago
Beds: 2Baths: 2Area: 904 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDM4tBKmX66Kv6WVWYA9nCLY
PriceS$5,000
Property TypeCondo Whole Unit
StatusFor rent
Beds2
Baths2
Built Area904 sqft
PSF
S$6
Year Built2014
Furnished StatusUnknown

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Newton MRT · 1 min walk

Tenure

Freehold

TOP Date

1 January 2014

Project Size

Small (110 units)

110 units

Building Structure

1 Block, 33 Floors

Developer

Chedstone Investment Holdings Pte Ltd

Unit Configuration
Bedroom Types2, 4 Bedroom
Floor Plan Details

Gilstead Two has a total of 110 units, from 2 Bed - 2 Bath to 4 Bed - 4 Bath units. There are 4 types of floor plans from 775 sqft to 2,830 sqft - 2,810 sqft.

Site Plan

Gilstead Two has 1 block and up to 33 storeys.

Development Facilities
BBQFitness CornerLap PoolParkingPlaygroundSecuritySwimming PoolWading Pool
About This Development

Gilstead Two is a freehold Condo Apartment located in Novena, District 11. Completed in 2014, it has a total of 1 blocks within the development and comprises a total of 110 units. It is within walking distance to MRT stations such as Newton MRT and Newton MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Gilstead Two is also close to schools like St. James' Church Kindergarten (Gilstead Campus), My Think Tank Pte. Ltd. and Zee Playhouse. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like CS Fresh United Square and FairPrice Finest Gourmet Balmoral Plaza for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as White Dental Group. Singapore Post Postbox is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Novena Park, to enjoy some fresh air.

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Features & Amenities
Security
Swimming pool
Lap pool
Bbq
Fitness corner
Parking
Playground
Wading pool

Location

2 Gilstead Road 309061, Moulmein, Central Region, Singapore

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Total Transactions

18

Average Price

S1.8M

Total Value

S33.1M

Sales Timeline

Property Value Estimate

Estimated sale value based on 16 URA transactions

Fair Value

S$2.09M

S$2,314 psf

Asking Price

S$5,000

S$6 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

High

16 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Newton

156m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

16 comparable transactions

S$2,247

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$2,314

Recent Comparable Transactions

10 shown · 16 total
Last Done

GILSTEAD ROAD

Mar 2025 · Floor 21-25

S$2,278 psf

-1.6% vs FV

904 sqftS$2,060,000Freehold

GILSTEAD ROAD

Mar 2025 · Floor 21-25

S$2,278 psf

-1.6% vs FV

904 sqftS$2,060,000Freehold

GILSTEAD ROAD

Sep 2024 · Floor 26-30

S$2,323 psf

+0.4% vs FV

904 sqftS$2,100,000Freehold

GILSTEAD ROAD

Sep 2024 · Floor 11-15

S$2,258 psf

-2.4% vs FV

775 sqftS$1,750,000Freehold

GILSTEAD ROAD

Jun 2024 · Floor 21-25

S$2,278 psf

-1.6% vs FV

904 sqftS$2,060,000Freehold

GILSTEAD ROAD

Jun 2024 · Floor 06-10

S$2,129 psf

-8.0% vs FV

775 sqftS$1,650,000Freehold

GILSTEAD ROAD

May 2024 · Floor 11-15

S$2,232 psf

-3.5% vs FV

775 sqftS$1,730,000Freehold

GILSTEAD ROAD

Dec 2023 · Floor 26-30

S$2,161 psf

-6.6% vs FV

775 sqftS$1,675,000Freehold

GILSTEAD ROAD

Dec 2023 · Floor 11-15

S$2,367 psf

+2.3% vs FV

904 sqftS$2,140,000Freehold

GILSTEAD ROAD

Nov 2023 · Floor 21-25

S$2,508 psf

+8.4% vs FV

904 sqftS$2,268,000Freehold

GILSTEAD ROAD

Nov 2023 · Floor 06-10

S$2,157 psf

-6.8% vs FV

904 sqftS$1,950,000Freehold
Below Fair Value
Above Fair Value
FV: S$2,314 psf

HELIOS AI Analysis

Based on 16 URA transactions (0 outliers removed), adjusted for: MRT Newton 156m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Gerald Fong YW

Gerald Fong YW

TIE PTE. LTD.

License: L3008022J

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