RPS · Resale Project Scorecard
Gilstead 38 — Grade B
RPS score 5.96/10 · D11 · Newton, Novena · 23 units · scored across 7 weighted factors — methodology published.
FH · Habitat Properties Group · TOP 1999
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 8/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +2.99% — near-median performance within its 1999-era cohort (41th percentile).
3 primary schools within 1km (nearest: ANGLO-CHINESE SCHOOL (PRIMARY) at 0.39km). Strong school proximity — a genuine advantage for young families.
23 units — very small project; niche product with thin resale market.
0.49km from Newton Mrt Stn (DT11) — short walk to MRT, good transport convenience.
Rental yield of 2.86% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Moderate future-catalyst exposure — nearest meaningful driver: Newton–Orchard mixed-use precinct at 0.59km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Anglo-Chinese School (Primary), ST. Joseph's Institution Junior, Anglo-Chinese School (Junior).
The verdict· Scores updated September 2026
Gilstead 38 scores 5.96 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1121st of 2,357 resale condos scored in Singapore and 56th of 143 in District 11 (Newton, Novena). Its strongest factors are Tenure (10/10) and Primary School Effect (8/10); its weakest is Rental Yield (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size.
RPS · Resale Project Scorecard
Recent resale transactions at Gilstead 38
12 months to September 2026 (Oct 2025 – Sep 2026): 1 resale transaction, median $1,699 psf, median price $1.92M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,699 psf | $1.92M |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 1 | $1,699 psf | $1.92M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Gilstead 38: frequently asked questions
Answers generated from the scorecard data — RPS rank 1121st of 2,357, scores updated September 2026.
- Is Gilstead 38 a good buy in 2026?
- Gilstead 38 scores 5.96/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1121st of 2,357 Singapore resale condos and 56th of 143 in District 11 (Newton, Novena). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Gilstead 38?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 1 resale transaction at Gilstead 38, at a median of $1,699 psf and a median price of $1.92M. Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Gilstead 38 from the nearest MRT station?
- Gilstead 38 is about 490m from Newton MRT (DT11), scoring 8/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Gilstead 38 compare with Villa Chancery?
- Villa Chancery is the project scored next to Gilstead 38 on the District 11 ranking: 5.98 (Grade B) against Gilstead 38's 5.96 (Grade B). Gilstead 38 scores higher on Primary School Effect (8 vs 7) and MRT Proximity (8 vs 7); Villa Chancery scores higher on Project's Historical Performance (5 vs 7).
- Which primary schools are within 1km of Gilstead 38?
- 3 primary schools are within 1km of Gilstead 38: Anglo-Chinese School (Primary), ST. Joseph's Institution Junior, Anglo-Chinese School (Junior). 3 primary schools within 1km (nearest: ANGLO-CHINESE SCHOOL (PRIMARY) at 0.39km). Strong school proximity — a genuine advantage for young families. Gilstead 38 scores 8/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Gilstead 38, and how big is the project?
- Gilstead 38 is freehold, completed in 1999, has 23 units, developed by Habitat Properties Group. Freehold tenure — no lease decay concerns, preserves long-term value. 23 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Gilstead 38 in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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