HomeBuyAll2RMD11 - Newton / NovenaStrata2 Bed Condo for Sale in Strata

2 Bed Condo for Sale in Strata

1 Essex Road 309329, Moulmein, Central Region, Singapore

$2,345,200

Added 4 months ago
Beds: 2Baths: 2Area: 1066 sqft
Above Market· 14.1% above market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDHUQRyX68XWFGw5sw2kW8iQ
PriceS$2,345,200
Property TypeCondo
StatusFor sale
Beds2
Baths2
Built Area1066 sqft
PSF
S$2,200
Year Built2006
Furnished StatusPartially furnished

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT · 4 min walk

Tenure

Freehold

TOP Date

1 January 2006

Project Size

Small (100 units)

100 units

Building Structure

1 Block

Developer

Arts Associate Co Pte Ltd(Far East)

Unit Configuration
Bedroom Types1, 2, 2003 Bedroom
Floor Plan Details

Strata has a total of 100 units, from to units. There are 8 types of floor plans from to .

Site Plan

Strata has 1 block and up to 0 storey.

Development Facilities
Lap PoolParkingPlaygroundPool DeckSecuritySwimming PoolWading Pool
About This Development

Strata is a freehold Condo Apartment located in Novena, District 11. Completed in 2006, it has a total of 1 blocks within the development and comprises a total of 100 units. It is within walking distance to MRT stations such as Novena MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Strata is also close to schools like St. Joseph's Institution Junior, St. Joseph's Institution Junior and Italian Supplementary School. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage - Novena and FairPrice - Cambridge Blk 43 for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Dental Clinic. Singapore Post - Novena Branch is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Cambridge Park, to enjoy some fresh air.

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Features & Amenities
Lap pool
Playground
Security
Swimming pool
Pool deck
Wading pool
Parking

Location

1 Essex Road 309329, 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

19

Average Price

S1.8M

Total Value

S34.1M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 13 URA transactions

Fair Value

S$2.05M

S$1,928 psf

Asking Price

S$2.35M

S$2,200 psf

vs Market

+14.1%

Above Market

vs Last Done

+8.6%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

13 comps

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

Nearest MRT

Novena

351m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

13 comparable transactions

S$1,872

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$1,928

Recent Comparable Transactions

10 shown · 13 total
Last Done

ESSEX ROAD

Oct 2024 · Floor 06-10

S$2,025 psf

+5.0% vs FV

840 sqftS$1,700,000Freehold

ESSEX ROAD

Oct 2024 · Floor 06-10

S$2,025 psf

+5.0% vs FV

840 sqftS$1,700,000Freehold

ESSEX ROAD

Jul 2024 · Floor 16-20

S$1,912 psf

-0.8% vs FV

1,066 sqftS$2,038,000Freehold

ESSEX ROAD

May 2024 · Floor 01-05

S$1,937 psf

+0.5% vs FV

506 sqftS$980,000Freehold

ESSEX ROAD

Dec 2023 · Floor 11-15

S$1,811 psf

-6.1% vs FV

1,066 sqftS$1,930,000Freehold

ESSEX ROAD

Dec 2023 · Floor 01-05

S$1,925 psf

-0.2% vs FV

506 sqftS$973,800Freehold

ESSEX ROAD

May 2023 · Floor 31-35

S$2,046 psf

+6.1% vs FV

1,066 sqftS$2,180,000Freehold

ESSEX ROAD

Mar 2023 · Floor 26-30

S$1,717 psf

-10.9% vs FV

1,636 sqftS$2,810,000Freehold

ESSEX ROAD

Mar 2023 · Floor 16-20

S$1,694 psf

-12.1% vs FV

1,292 sqftS$2,188,000Freehold

ESSEX ROAD

Oct 2022 · Floor 11-15

S$1,783 psf

-7.5% vs FV

1,066 sqftS$1,900,000Freehold

ESSEX ROAD

Feb 2022 · Floor 06-10

S$1,927 psf

-0.1% vs FV

506 sqftS$975,000Freehold
Below Fair Value
Above Fair Value
FV: S$1,928 psf

HELIOS AI Analysis

Based on 13 URA transactions (0 outliers removed), adjusted for: MRT Novena 351m away (+3%)

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

Henry Tan

Henry Tan

ERA REALTY NETWORK PTE LTD

CEA: L3002382K

+65 9615 xxxx
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