HomeRentApartment Whole Unit2RMD11 - Newton / NovenaLucida2 Bed Apartment (Condo) for Rent in Lucida

2 Bed Apartment (Condo) for Rent in Lucida

2 Suffolk Road 307780, Moulmein, Central Region, Singapore

$4,500 /month

Added 4 months ago
Beds: 2Baths: 2Area: 1066 sqft
Market Price· Fairly priced
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Property Details

Property IDE7LWGZuVdTxmxVH3uQQ5CW
PriceS$4,500
StatusFor rent
Beds2
Baths2
Built Area1066 sqft
PSF
S$5
Year Built2011
Furnished StatusUnknown

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT

Tenure

Freehold

TOP Date

1 January 2011

Project Size

Small (62 units)

62 units

Building Structure

1 Block

Developer

Novelty Organisation Pte Ltd

Unit Configuration
Bedroom Types1, 2, 3, 4 Bedroom
Floor Plan Details

Lucida has a total of 62 units, from 1 Bed - 1 Bath to 4 Bed - 6 Bath units. There are 5 types of floor plans from 624 sqft to 4,176 sqft.

Site Plan

Lucida has 1 block and up to 0 storey.

Development Facilities
BBQGymParkingPlaygroundSecuritySwimming PoolWading Pool
About This Development

Lucida is a freehold Condo Apartment located in Novena, District 11. Completed in 2011, it has a total of 1 blocks within the development and comprises a total of 62 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, Lucida is also close to schools like Italian Supplementary School, St. Joseph's Institution Junior and St. Joseph's Institution Junior. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage - Novena and Cold Storage - United Square for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Pan Island Clinic. 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 - Cambridge Park, to enjoy some fresh air.

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Features & Amenities
Wading pool
Swimming pool
Security
Bbq
Playground
Parking
Gym

Location

2 Suffolk Road 307780, Moulmein, Central Region, Singapore

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Total Transactions

11

Average Price

S1.8M

Total Value

S19.4M

Sales Timeline

Property Value Estimate

Estimated sale value based on 9 URA transactions · 1 outliers removed (IQR)

Fair Value

S$1.83M

S$1,717 psf

Asking Price

S$4,500

S$5 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

Medium

9 comps

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

Nearest MRT

Novena

648m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

9 comparable transactions

S$1,700

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×1.000

MRT Proximity

Within 500m / 1km

+1%

AI Condition Premium

HELIOS scan of listing description

0%

Adjusted Fair Value PSF

S$1,717

Recent Comparable Transactions

9 shown · 9 total
Last Done

SUFFOLK ROAD

Dec 2024 · Floor 16-20

S$1,789 psf

+4.2% vs FV

1,324 sqftS$2,368,000Freehold

SUFFOLK ROAD

Dec 2024 · Floor 16-20

S$1,789 psf

+4.2% vs FV

1,324 sqftS$2,368,000Freehold

SUFFOLK ROAD

Aug 2024 · Floor 06-10

S$1,706 psf

-0.6% vs FV

624 sqftS$1,065,000Freehold

SUFFOLK ROAD

Sep 2023 · Floor 11-15

S$1,740 psf

+1.3% vs FV

624 sqftS$1,086,000Freehold

SUFFOLK ROAD

May 2023 · Floor 11-15

S$1,648 psf

-4.0% vs FV

624 sqftS$1,028,888Freehold

SUFFOLK ROAD

Oct 2022 · Floor 21-25

S$1,634 psf

-4.8% vs FV

624 sqftS$1,020,000Freehold

SUFFOLK ROAD

Jul 2022 · Floor 16-20

S$1,634 psf

-4.8% vs FV

1,066 sqftS$1,741,000Freehold

SUFFOLK ROAD

Feb 2022 · Floor 06-10

S$1,567 psf

-8.7% vs FV

1,066 sqftS$1,670,000Freehold

SUFFOLK ROAD

Dec 2021 · Floor 11-15

S$1,629 psf

-5.1% vs FV

1,098 sqftS$1,788,000Freehold

SUFFOLK ROAD

Dec 2021 · Floor 16-20

S$1,730 psf

+0.8% vs FV

624 sqftS$1,080,000Freehold
Below Fair Value
Above Fair Value
FV: S$1,717 psf

HELIOS AI Analysis

Based on 9 URA transactions (1 outliers removed), adjusted for: MRT Novena 648m away (+1%)

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

Jack Yeo

Jack Yeo

PROPNEX REALTY PTE. LTD.

CEA: L3002382K

+65 8511 xxxx
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