HomeRentAllD11 - Newton / NovenaNovena LodgeCommon Room (Condo) for Rent in Novena Lodge

Common Room (Condo) for Rent in Novena Lodge

2 Jalan Merlimau 308729, Malcolm, Central Region, Singapore

$1,350 /month

Added 4 months ago
Area: 150 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDZhzPaycFQHSuRjqijX2pCk
PriceS$1,350
Property TypeCondo
StatusFor rent
Built Area150 sqft
PSF
S$9
Year Built1999
Furnished StatusFully furnished

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT · 6 min walk

Tenure

Freehold

TOP Date

1 January 1999

Project Size

Small (66 units)

66 units

Building Structure

1 Block, 4 Floors

Developer

Novena Development Pte Ltd

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

Novena Lodge has a total of 66 units, from 2 Bed - 2 Bath to 3 Bed - 2 Bath units. There are 30 types of floor plans from 786 sqft to 1,022 sqft.

Site Plan

Novena Lodge has 1 block and up to 04 storeys.

Development Facilities
BBQParkingSaunaSecuritySwimming PoolWading Pool
About This Development

Novena Lodge is a freehold Generic Condo development located in Novena, District 11. Completed in 1999, it has a total of 1 blocks within the development and comprises a total of 66 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, Novena Lodge is also close to schools like Capstone Mobility Asia Pte Ltd, लौगंवाला and Kiddiwinkie Schoolhouse @ Novena. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage Novena Square and Cold Storage - Novena for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Pediatrician Neurologist. SingPost Post Box 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 Rise Park, to enjoy some fresh air.

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Features & Amenities
Dryer
Bbq
Aircon
Sofa
Parking
Security
Renovated
Swimming pool
Wading pool
Sauna
Corner unit
Fridge
Stove
Bed
Washer

Location

2 Jalan Merlimau 308729, Malcolm, Central Region, Singapore

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Total Transactions

6

Average Price

S1.5M

Total Value

S9.1M

Sales Timeline

Room Rental Listing

Sale-value benchmarks do not apply to individual rooms

Fair Value

NA

Not meaningful for room rentals

Asking Price

S$1,350

S$9 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

Low

4 comps

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

Nearest MRT

Novena

468m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

4 comparable transactions

S$1,783

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$1,837

Recent Comparable Transactions

4 shown · 4 total
Last Done

JALAN MERLIMAU

Sep 2023 · Floor 01-05

S$1,794 psf

-2.3% vs FV

936 sqftS$1,680,000Freehold

JALAN MERLIMAU

Sep 2023 · Floor 01-05

S$1,794 psf

-2.3% vs FV

936 sqftS$1,680,000Freehold

JALAN MERLIMAU

Jun 2023 · Floor 01-05

S$1,774 psf

-3.4% vs FV

947 sqftS$1,680,000Freehold

JALAN MERLIMAU

May 2022 · Floor 01-05

S$1,824 psf

-0.7% vs FV

947 sqftS$1,728,000Freehold

JALAN MERLIMAU

Feb 2022 · Floor 01-05

S$1,734 psf

-5.6% vs FV

732 sqftS$1,268,888Freehold
Below Fair Value
Above Fair Value
FV: S$1,837 psf

HELIOS AI Analysis

Based on 4 URA transactions (1 outliers removed), adjusted for: MRT Novena 468m away (+3%)

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

Noel TAN

Noel TAN

SRI PTE. LTD.

CEA: L3009250K

+65 9040 xxxx
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