Home Buy All 2RM D11 - 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

$1,950,000

Added a month ago

CondoFor sale

Beds: 2Baths: 2Area: 646 sqft

Above Market· 6.7% above market

+1View all

Nearest MRT Station

Novena

North-South Line NS20

walk•

Property Details

Property IDiCvqeX62mGi39C5F37VC8Z

PriceS$1,950,000

Property TypeCondo

StatusFor sale

Beds2

Baths2

Built Area646 sqft

PSF

S$3,019

Year Built2025

Furnished StatusUnknown

Description

Own a premium freehold 2-bedder at Neu @ Novena, just 2 years old and next to Novena MRT & Square. This 646 sqft, newly renovated unit features a rare premium stack, no west sun, and zip track installed—move-in ready comfort. Ideal for own stay or investment, enjoy unbeatable convenience, timeless freehold value, and strong rental demand in prime District 11. Call 9848----7772 for viewing

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

Lap pool

Pool deck

Fitness corner

Lounge

Outdoor dining

Infinity pool

Sky terrace

Bbq

Security

Hammocks

Playground

Underwater fitness station

Parking

Location

27 Moulmein Rise 308140, Moulmein, Central Region, Singapore

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Mortgage Calculation

Price

Tenure (yrs)20 yrs

410203035

Loan (%)75 %

1020406075

Interest (%)4 %

0.1123456

Mortgage calculation on 4% interest rate

S$ 0

Loan Amount (75%)

Downpayment (25%)

S$ 0

/month

Principal

S$ 0

Interest

S$ 0

Total Transactions

Average Price

S2.5M

Total Value

S5.0M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 16 URA transactions · 2 outliers removed (IQR)

Fair Value

S$1.83M

S$2,828 psf

Asking Price

S$1.95M

S$3,019 psf

vs Market

+6.7%

Above Market

vs Last Done

+10.7%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

16 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

16 comparable transactions

S$2,615

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

+5%

Adjusted Fair Value PSF

S$2,828

Recent Comparable Transactions

10 shown · 16 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneMar 2025	MOULMEIN RISE Floor 16-20	1,302sqft	S$3,550,000	▼S$2,726 -3.6% vs FV	Freehold
Mar 2025	MOULMEIN RISE Floor 16-20	1,302sqft	S$3,550,000	▼S$2,726 -3.6% vs FV	Freehold
Sep 2023	MOULMEIN RISE Floor 06-10	1,302sqft	S$3,333,120	▼S$2,559 -9.5% vs FV	Freehold
Sep 2023	MOULMEIN RISE Floor 06-10	549sqft	S$1,450,000	▼S$2,641 -6.6% vs FV	Freehold
Jul 2023	MOULMEIN RISE Floor 11-15	1,195sqft	S$3,080,000	▼S$2,578 -8.8% vs FV	Freehold
May 2023	MOULMEIN RISE Floor 06-10	1,302sqft	S$3,385,200	▼S$2,599 -8.1% vs FV	Freehold
May 2023	MOULMEIN RISE Floor 11-15	1,195sqft	S$3,048,000	▼S$2,551 -9.8% vs FV	Freehold
May 2023	MOULMEIN RISE Floor 06-10	1,302sqft	S$3,360,000	▼S$2,580 -8.8% vs FV	Freehold
Mar 2023	MOULMEIN RISE Floor 06-10	646sqft	S$1,788,363	▼S$2,769 -2.1% vs FV	Freehold
Aug 2022	MOULMEIN RISE Floor 01-05	646sqft	S$1,750,000	▼S$2,710 -4.2% vs FV	Freehold
Jul 2022	MOULMEIN RISE Floor 01-05	861sqft	S$2,305,000	▼S$2,677 -5.3% vs FV	Freehold

Last Done

MOULMEIN RISE

Mar 2025 · Floor 16-20

▼S$2,726 psf

-3.6% vs FV

1,302 sqftS$3,550,000Freehold

MOULMEIN RISE

Mar 2025 · Floor 16-20

▼S$2,726 psf

-3.6% vs FV

1,302 sqftS$3,550,000Freehold

MOULMEIN RISE

Sep 2023 · Floor 06-10

▼S$2,559 psf

-9.5% vs FV

1,302 sqftS$3,333,120Freehold

MOULMEIN RISE

Sep 2023 · Floor 06-10

▼S$2,641 psf

-6.6% vs FV

549 sqftS$1,450,000Freehold

MOULMEIN RISE

Jul 2023 · Floor 11-15

▼S$2,578 psf

-8.8% vs FV

1,195 sqftS$3,080,000Freehold

MOULMEIN RISE

May 2023 · Floor 06-10

▼S$2,599 psf

-8.1% vs FV

1,302 sqftS$3,385,200Freehold

MOULMEIN RISE

May 2023 · Floor 11-15

▼S$2,551 psf

-9.8% vs FV

1,195 sqftS$3,048,000Freehold

MOULMEIN RISE

May 2023 · Floor 06-10

▼S$2,580 psf

-8.8% vs FV

1,302 sqftS$3,360,000Freehold

MOULMEIN RISE

Mar 2023 · Floor 06-10

▼S$2,769 psf

-2.1% vs FV

646 sqftS$1,788,363Freehold

MOULMEIN RISE

Aug 2022 · Floor 01-05

▼S$2,710 psf

-4.2% vs FV

646 sqftS$1,750,000Freehold

MOULMEIN RISE

Jul 2022 · Floor 01-05

▼S$2,677 psf

-5.3% vs FV

861 sqftS$2,305,000Freehold

Below Fair Value

Above Fair Value

FV: S$2,828 psf

HELIOS AI-Detected Boosters

freeholdnewly renovatedmove-in condition

HELIOS AI Analysis

Based on 16 URA transactions (2 outliers removed), adjusted for: MRT Novena 246m away (+3%); AI-detected value boosters: freehold, newly renovated, move-in condition (+5% condition premium)

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

Calculating fair value from URA transaction data…

LOH ZHENHAO

License: L3002434G

2 Bed Condo for Sale in Neu at Novena

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

District & Area

Nearest MRT

Tenure

TOP Date

Project Size

Building Structure

Loading Nearby Amenities...

Location

Mortgage Calculation

Mortgage calculation on 4% interest rate

Sales Timeline

Home Report · AVM Fair Value

LOH ZHENHAO

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Home Report · AVM Fair Value