23 Niven Road 228370, Mount Emily, Central Region, Singapore
$7,200 /month












Most ideal for professionals who value flexibility, privacy, and charm in a central city location. It is NOT Open for Co-living! Being part of a conserved shophouse along Niven Road, this 4-level rear extension has its own direct vehicular access via Wilkie Terrace. It offers a versatile vertical layout across multiple floors. Ideal for home-based professionals, consultants, creatives, or small business owners operating under URA's Home Office scheme. (See examples of permitted businesses below). Key Features: • Exclusive cul-de-sac entry via Wilkie Terrace • Vertical 4-storey layout (rear extension only) • Bright, breezy interior with calming greenery views • Flexible use of space: Live, Work, Host clients (quiet use only) and Play • High ceilings, minimalist finishes, and inspiring spatial flow Flexible Use Layout can be: • Level 3 – Master bedroom with en-suite • Level 4 (vehicular access) – Living area or Consulting/Work zone • Level 5 – Kitchen, Dining & Bath • Level 6 – Family/Study zone + Bathroom + Loft sleeping areas Strategic Central Location: • Walking distance to Rochor, Bencoolen, Dhoby Ghaut, & Little India MRT • Close to NAFA, Lasalle, SMU, Kaplan – ideal for art, music, design, and education-related professionals • Near St Margaret’s Primary School – great for education consultants or tutors operating under Home Office use • Short stroll to Mount Emily Park – perfect for wellness breaks, photo shoots, or nature-loving creatives • Steps from heritage cafés, boutique hotels, and cultural hotspots, Examples of permitted business under the Home Office Scheme are: * Accountancy services * Architectural services * Consultancy services (business, engineering, IT, management, or education) * Design/Advertising services * Insurance/Financial planning services * Real estate agencies * Technology based and knowledge intensive businesses * Trading office (excluding car trading office)
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
6
Average Price
S1.4M
Total Value
S8.6M
Calculating fair value from URA transaction data…
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Estimated sale value based on 755 URA transactions
Fair Value
S$3.55M
S$1,612 psf
Asking Price
S$7,200
S$4 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
93 yrs
103-year Leasehold · Balance remaining
Confidence
High
755 comps
Nearest MRT
Rochor
363m away · +3% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
755 comparable transactions
S$2,045
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.736
MRT Proximity
Within 500m / 1km
+3%
AI Condition Premium
HELIOS scan of listing description
+4%
Adjusted Fair Value PSF
S$1,612
Recent Comparable Transactions
10 shown · 755 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | HANDY ROAD Floor 06-10 | 560sqft | S$1,050,000 | ▲S$1,876 +16.4% vs FV | 99 yrs lease commencing from 2007 |
Aug 2025 | HANDY ROAD Floor 06-10 | 560sqft | S$1,050,000 | ▲S$1,876 +16.4% vs FV | 99 yrs lease commencing from 2007 |
Aug 2025 | MOUNT SOPHIA Floor 01-05 | 581sqft | S$1,252,000 | ▲S$2,154 +33.6% vs FV | 99 yrs lease commencing from 2013 |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 581sqft | S$1,593,700 | ▲S$2,742 +70.1% vs FV | Freehold |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 581sqft | S$1,557,000 | ▲S$2,679 +66.2% vs FV | Freehold |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 635sqft | S$1,723,140 | ▲S$2,713 +68.3% vs FV | Freehold |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 581sqft | S$1,579,950 | ▲S$2,718 +68.6% vs FV | Freehold |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 646sqft | S$1,766,250 | ▲S$2,735 +69.7% vs FV | Freehold |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 581sqft | S$1,566,180 | ▲S$2,694 +67.1% vs FV | Freehold |
Aug 2025 | SOPHIA ROAD Floor 01-05 | 657sqft | S$1,780,020 | ▲S$2,711 +68.2% vs FV | Freehold |
Jul 2025 | ADIS ROAD Floor 01-05 | 549sqft | S$978,000 | ▲S$1,782 +10.5% vs FV | Freehold |
HANDY ROAD
Aug 2025 · Floor 06-10
+16.4% vs FV
HANDY ROAD
Aug 2025 · Floor 06-10
+16.4% vs FV
MOUNT SOPHIA
Aug 2025 · Floor 01-05
+33.6% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+70.1% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+66.2% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+68.3% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+68.6% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+69.7% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+67.1% vs FV
SOPHIA ROAD
Aug 2025 · Floor 01-05
+68.2% vs FV
ADIS ROAD
Jul 2025 · Floor 01-05
+10.5% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.