HomeBuyCondominiumApartment2RMD11 - Newton / NovenaGilstead Two2 Bed Apartment (Condo) for Sale in Gilstead Two

2 Bed Apartment (Condo) for Sale in Gilstead Two

2 Gilstead Road 309061, Moulmein, Central Region, Singapore

$1,780,000

Added 4 months ago
Beds: 2Baths: 2Area: 775 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property ID5bYSANLLuMkBHUym9PzUW5
PriceS$1,780,000
Property TypeApartment
StatusFor sale
Beds2
Baths2
Built Area775 sqft
PSF
S$2,297
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
Corner unit
Swimming pool
Balcony
Security
Parking
Wading pool
Lap pool
Bbq
Playground
Fitness corner

Location

2 Gilstead Road 309061, 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

18

Average Price

S1.8M

Total Value

S33.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 15 URA transactions

Fair Value

S$1.80M

S$2,320 psf

Asking Price

S$1.78M

S$2,297 psf

vs Market

-1.0%

Market Price

vs Last Done

+0.8%

Market Price

Tenure

Freehold

No lease decay

Confidence

High

15 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

15 comparable transactions

S$2,252

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$2,320

Recent Comparable Transactions

10 shown · 15 total
Last Done

GILSTEAD ROAD

Mar 2025 · Floor 21-25

S$2,278 psf

-1.8% vs FV

904 sqftS$2,060,000Freehold

GILSTEAD ROAD

Mar 2025 · Floor 21-25

S$2,278 psf

-1.8% vs FV

904 sqftS$2,060,000Freehold

GILSTEAD ROAD

Sep 2024 · Floor 26-30

S$2,323 psf

+0.1% vs FV

904 sqftS$2,100,000Freehold

GILSTEAD ROAD

Sep 2024 · Floor 11-15

S$2,258 psf

-2.7% vs FV

775 sqftS$1,750,000Freehold

GILSTEAD ROAD

Jun 2024 · Floor 21-25

S$2,278 psf

-1.8% vs FV

904 sqftS$2,060,000Freehold

GILSTEAD ROAD

Jun 2024 · Floor 06-10

S$2,129 psf

-8.2% vs FV

775 sqftS$1,650,000Freehold

GILSTEAD ROAD

May 2024 · Floor 11-15

S$2,232 psf

-3.8% vs FV

775 sqftS$1,730,000Freehold

GILSTEAD ROAD

Dec 2023 · Floor 26-30

S$2,161 psf

-6.9% vs FV

775 sqftS$1,675,000Freehold

GILSTEAD ROAD

Dec 2023 · Floor 11-15

S$2,367 psf

+2.0% vs FV

904 sqftS$2,140,000Freehold

GILSTEAD ROAD

Nov 2023 · Floor 21-25

S$2,508 psf

+8.1% vs FV

904 sqftS$2,268,000Freehold

GILSTEAD ROAD

Nov 2023 · Floor 06-10

S$2,157 psf

-7.0% vs FV

904 sqftS$1,950,000Freehold
Below Fair Value
Above Fair Value
FV: S$2,320 psf

HELIOS AI Analysis

Based on 15 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.

Shelly Koh

Shelly Koh

PROPNEX REALTY PTE. LTD.

CEA: L3008022J

+65 9362 xxxx
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