Commercial Directory · Retail · Shophouse · District 12
Royal Square at Novena
18 sales from Oct 2022 to Jun 2025, at a median $4,997 psf (Oct 2022 to Jun 2025).
District 12 At a glance
- Median psf, all sales
- $4,997
- Sales since Oct 2022
- 18
- Latest sale, Jun 2025
- $5,806 psf
- Tenure
- 99-year lease
0 of 4 sellers with a known purchase price sold for more than they paid; the median made -3.1% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2022 | 1 | $4,459 |
| 2023 | 12 | $4,999 |
| 2024 | 1 | $4,121 |
| 2025 | 1 | $5,806 |
A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.
18 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 12 Jun 2025 | Retail | 1 | 689 | $4,000,000 | $5,806 | Resale | Dec 2013, $6M | -$2M | -3.5% |
| 15 Jan 2024 | Retail | 2 | 2,669 | $11,000,000 | $4,121 | Resale | Dec 2013, $14.68M | -$3.68M | -2.8% |
| 16 Nov 2023 | Retail | 1 | 549 | $2,745,000 | $5,000 | Resale | – | – | – |
| 17 Oct 2023 | Retail | Several units | 786 | $3,930,000 | $5,001 | Resale | – | – | – |
| 6 Oct 2023 | Retail | 2 | 452 | $2,260,452 | $5,000 | Resale | – | – | – |
| 18 Sept 2023 | Retail | 2 | 431 | $2,100,000 | $4,877 | Resale | – | – | – |
| 22 Aug 2023 | Shophouse | 2 | 603 | $3,017,475 | $5,006 | Resale | – | – | – |
| 22 Aug 2023 | Shophouse | 2 | 538 | $2,694,174 | $5,006 | Resale | – | – | – |
| 22 Aug 2023 | Shophouse | 2 | 538 | $2,694,174 | $5,006 | Resale | – | – | – |
| 22 Aug 2023 | Shophouse | 2 | 538 | $2,694,174 | $5,006 | Resale | – | – | – |
| 15 Aug 2023 | Retail | 1 | 377 | $1,800,000 | $4,778 | Resale | – | – | – |
| 15 Aug 2023 | Retail | 2 | 1,238 | $6,128,100 | $4,951 | Resale | – | – | – |
| 15 Aug 2023 | Retail | Several units | 1,238 | $6,128,100 | $4,951 | Resale | – | – | – |
| 28 Jul 2023 | Retail | 2 | 904 | $4,088,000 | $4,521 | Resale | Dec 2013, $5.42M | -$1.34M | -2.9% |
| 21 Jun 2023 | Retail | 1 | 355 | $1,775,000 | $4,997 | Resale | – | – | – |
| 26 May 2023 | Retail | Several units | 506 | $2,609,000 | $5,157 | Resale | – | – | – |
| 16 May 2023 | Retail | 1 | 431 | $1,980,000 | $4,599 | Resale | – | – | – |
| 27 Oct 2022 | Retail | 2 | 807 | $3,600,000 | $4,459 | Resale | Dec 2013, $4.84M | -$1.24M | -3.3% |
URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.
Royal Square at Novena Questions
How much does a unit at Royal Square at Novena cost?
15 unit sales at Royal Square at Novena from Oct 2022 to Jun 2025 went for $4,121 to $5,806 psf, a median $4,997 psf on units of 355 to 2,669 sq ft. The latest, in Jun 2025, was $4,000,000 for 689 sq ft ($5,806 psf).
Did sellers at Royal Square at Novena make money?
0 of 4 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller lost $1.67M, -3.1% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Royal Square at Novena?
The sales here are retail and shophouse units in District 12 (Rest of Central Region), most on a 99-year lease title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.
Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.
District 12 Nearby buildings
- CT Hub 2$2,199 psf
- Ascent @ 456$2,718 psf
- The Mezzo$1,681 psf
- Balestier Point$2,323 psf
- Giffard Mansions$1,697 psf
- Balestier Plaza$2,297 psf
- One Dusun Residences$3,600 psf
- Pek Chuan Building$1,107 psf