HomeBuyAll2RMD11 - Newton / Novena2 Bed Condo for Sale in Neu at Novena

2 Bed Condo for Sale in Neu at Novena

27 Moulmein Rise 308140, Moulmein, Central Region, Singapore

$1,700,000

Added 7 months ago
Beds: 2Baths: 2Area: 549 sqft
Above Market· 15.1% above market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDf7MaCtHy8inNafYTFd85zZ
PriceS$1,700,000
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area549 sqft
PSF
S$3,097
Year Built2025
Furnished StatusUnknown

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT · 3 min walk

Tenure

Freehold

TOP Date

1 January 2025

Project Size

Small (87 units)

87 units

Building Structure

1 Block, 17 Floors

Developer

RH Novena Pte Ltd (Roxy Pacific Holdings Limited/ Macly Group/ LWH Development Pte Ltd)

Unit Configuration
Bedroom Types2, 3, 2004 Bedroom
Floor Plan Details

Neu at Novena has a total of 87 units, from 2 Bed - 2 Bath to 4 Bed - 4 Bath units. There are 11 types of floor plans from 549 sqft to 1,302 sqft.

Site Plan

Neu at Novena has 1 block and up to 17 storeys.

Development Facilities
BBQFitness CornerHammocksInfinity PoolLap PoolLoungeOutdoor DiningParkingPlaygroundPool DeckSecuritySky TerraceUnderwater Fitness Station

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Features & Amenities
Security
Lounge
Balcony
Underwater fitness station
Outdoor dining
Sky terrace
Hammocks
Playground
Lap pool
Parking
Pool deck
Fitness corner
Bbq
Infinity pool

Location

27 Moulmein Rise 308140, Moulmein, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

2

Average Price

S2.5M

Total Value

S5.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 15 URA transactions · 2 outliers removed (IQR)

Fair Value

S$1.48M

S$2,691 psf

Asking Price

S$1.70M

S$3,097 psf

vs Market

+15.1%

Above Market

vs Last Done

+13.6%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

15 comps

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

Nearest MRT

Novena

246m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

15 comparable transactions

S$2,613

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$2,691

Recent Comparable Transactions

10 shown · 15 total
Last Done

MOULMEIN RISE

Mar 2025 · Floor 16-20

S$2,726 psf

+1.3% vs FV

1,302 sqftS$3,550,000Freehold

MOULMEIN RISE

Mar 2025 · Floor 16-20

S$2,726 psf

+1.3% vs FV

1,302 sqftS$3,550,000Freehold

MOULMEIN RISE

Sep 2023 · Floor 06-10

S$2,559 psf

-4.9% vs FV

1,302 sqftS$3,333,120Freehold

MOULMEIN RISE

Sep 2023 · Floor 06-10

S$2,641 psf

-1.9% vs FV

549 sqftS$1,450,000Freehold

MOULMEIN RISE

Jul 2023 · Floor 11-15

S$2,578 psf

-4.2% vs FV

1,195 sqftS$3,080,000Freehold

MOULMEIN RISE

May 2023 · Floor 06-10

S$2,599 psf

-3.4% vs FV

1,302 sqftS$3,385,200Freehold

MOULMEIN RISE

May 2023 · Floor 11-15

S$2,551 psf

-5.2% vs FV

1,195 sqftS$3,048,000Freehold

MOULMEIN RISE

May 2023 · Floor 06-10

S$2,580 psf

-4.1% vs FV

1,302 sqftS$3,360,000Freehold

MOULMEIN RISE

Mar 2023 · Floor 06-10

S$2,769 psf

+2.9% vs FV

646 sqftS$1,788,363Freehold

MOULMEIN RISE

Aug 2022 · Floor 01-05

S$2,710 psf

+0.7% vs FV

646 sqftS$1,750,000Freehold

MOULMEIN RISE

Jul 2022 · Floor 01-05

S$2,677 psf

-0.5% vs FV

861 sqftS$2,305,000Freehold
Below Fair Value
Above Fair Value
FV: S$2,691 psf

HELIOS AI Analysis

Based on 15 URA transactions (2 outliers removed), adjusted for: MRT Novena 246m away (+3%)

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

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