Home Rent Condo Whole Unit 2RM D11 - Newton / Novena2 Bed Condo for Rent in Neu at Novena

2 Bed Condo for Rent in Neu at Novena

27 Moulmein Rise 308140, Moulmein, Central Region, Singapore

$4,450 /month

Added a month ago

Condo Whole UnitFor rent

Beds: 2Baths: 2Area: 549 sqft

Market Price· Fairly priced

+9View all

Nearest MRT Station

Novena

North-South Line NS20

walk•

Property Details

Property ID6EbWDemTn6zUusUaugc5mh

PriceS$4,450

Property TypeCondo Whole Unit

StatusFor rent

Beds2

Baths2

Built Area549 sqft

PSF

S$9

Year Built2025

Furnished StatusUnknown

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT · 3 min walk

Tenure

Freehold

TOP Date

1 January 2025

Project Size

Small (87 units)

87 units

Building Structure

1 Block, 17 Floors

Developer

RH Novena Pte Ltd (Roxy Pacific Holdings Limited/ Macly Group/ LWH Development Pte Ltd)

Unit Configuration

Bedroom Types2, 3, 2004 Bedroom

Floor Plan Details

Neu at Novena has a total of 87 units, from 2 Bed - 2 Bath to 4 Bed - 4 Bath units. There are 11 types of floor plans from 549 sqft to 1,302 sqft.

Site Plan

Neu at Novena has 1 block and up to 17 storeys.

Development Facilities

BBQFitness CornerHammocksInfinity PoolLap PoolLoungeOutdoor DiningParkingPlaygroundPool DeckSecuritySky TerraceUnderwater Fitness Station

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Features & Amenities

Hammocks

Pool deck

Lounge

Playground

Security

Underwater fitness station

Infinity pool

Sky terrace

Outdoor dining

Fitness corner

Bbq

Parking

Lap pool

Location

27 Moulmein Rise 308140, Moulmein, Central Region, Singapore

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Total Transactions

Average Price

S2.5M

Total Value

S5.0M

Sales Timeline

Property Value Estimate

Estimated sale value based on 16 URA transactions · 2 outliers removed (IQR)

Fair Value

S$1.48M

S$2,694 psf

Asking Price

S$4,450

S$9 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

-99.7%

Good Deal

Tenure

Freehold

No lease decay

Confidence

High

16 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Novena

246m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

16 comparable transactions

S$2,615

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

Adjusted Fair Value PSF

S$2,694

Recent Comparable Transactions

10 shown · 16 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneMar 2025	MOULMEIN RISE Floor 16-20	1,302sqft	S$3,550,000	▲S$2,726 +1.2% vs FV	Freehold
Mar 2025	MOULMEIN RISE Floor 16-20	1,302sqft	S$3,550,000	▲S$2,726 +1.2% vs FV	Freehold
Sep 2023	MOULMEIN RISE Floor 06-10	1,302sqft	S$3,333,120	▼S$2,559 -5.0% vs FV	Freehold
Sep 2023	MOULMEIN RISE Floor 06-10	549sqft	S$1,450,000	▼S$2,641 -2.0% vs FV	Freehold
Jul 2023	MOULMEIN RISE Floor 11-15	1,195sqft	S$3,080,000	▼S$2,578 -4.3% vs FV	Freehold
May 2023	MOULMEIN RISE Floor 06-10	1,302sqft	S$3,385,200	▼S$2,599 -3.5% vs FV	Freehold
May 2023	MOULMEIN RISE Floor 11-15	1,195sqft	S$3,048,000	▼S$2,551 -5.3% vs FV	Freehold
May 2023	MOULMEIN RISE Floor 06-10	1,302sqft	S$3,360,000	▼S$2,580 -4.2% vs FV	Freehold
Mar 2023	MOULMEIN RISE Floor 06-10	646sqft	S$1,788,363	▲S$2,769 +2.8% vs FV	Freehold
Aug 2022	MOULMEIN RISE Floor 01-05	646sqft	S$1,750,000	▲S$2,710 +0.6% vs FV	Freehold
Jul 2022	MOULMEIN RISE Floor 01-05	861sqft	S$2,305,000	▼S$2,677 -0.6% vs FV	Freehold

Last Done

MOULMEIN RISE

Mar 2025 · Floor 16-20

▲S$2,726 psf

+1.2% vs FV

1,302 sqftS$3,550,000Freehold

MOULMEIN RISE

Mar 2025 · Floor 16-20

▲S$2,726 psf

+1.2% vs FV

1,302 sqftS$3,550,000Freehold

MOULMEIN RISE

Sep 2023 · Floor 06-10

▼S$2,559 psf

-5.0% vs FV

1,302 sqftS$3,333,120Freehold

MOULMEIN RISE

Sep 2023 · Floor 06-10

▼S$2,641 psf

-2.0% vs FV

549 sqftS$1,450,000Freehold

MOULMEIN RISE

Jul 2023 · Floor 11-15

▼S$2,578 psf

-4.3% vs FV

1,195 sqftS$3,080,000Freehold

MOULMEIN RISE

May 2023 · Floor 06-10

▼S$2,599 psf

-3.5% vs FV

1,302 sqftS$3,385,200Freehold

MOULMEIN RISE

May 2023 · Floor 11-15

▼S$2,551 psf

-5.3% vs FV

1,195 sqftS$3,048,000Freehold

MOULMEIN RISE

May 2023 · Floor 06-10

▼S$2,580 psf

-4.2% vs FV

1,302 sqftS$3,360,000Freehold

MOULMEIN RISE

Mar 2023 · Floor 06-10

▲S$2,769 psf

+2.8% vs FV

646 sqftS$1,788,363Freehold

MOULMEIN RISE

Aug 2022 · Floor 01-05

▲S$2,710 psf

+0.6% vs FV

646 sqftS$1,750,000Freehold

MOULMEIN RISE

Jul 2022 · Floor 01-05

▼S$2,677 psf

-0.6% vs FV

861 sqftS$2,305,000Freehold

Below Fair Value

Above Fair Value

FV: S$2,694 psf

HELIOS AI Analysis

Based on 16 URA transactions (2 outliers removed), adjusted for: MRT Novena 246m away (+3%)

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

Calculating fair value from URA transaction data…

Wendy Ang

License: L3010856F

2 Bed Condo for Rent in Neu at Novena

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

District & Area

Nearest MRT

Tenure

TOP Date

Project Size

Building Structure

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Location

Sales Timeline

Property Value Estimate

Wendy Ang

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