Neu at Novena

Neu at Novena

Neu at Novena is nestled in Novena, a city location in Singapore’s highly sought-after Prime District 11. Novena is an extremely convenient Core Central Region in Singapore. It is bounded by Tanglin to the south, Bukit Timah to the west, Toa Payoh to the north and Kallang to the east. Most of the housing in the development’s vicinity consists of condominiums and private homes, making it a very exclusive development. The site of Neu at Novena is located in the junction of Moulmein Rise and Sinaran Drive. Its land parcel has a total site area of approximately 2062.30 square metres with a gross plot ratio of 2.955 and freehold tenure. The site has previously belonged to Grand Tower and was successfully bought over by RH Novena, an associated company of Singapore listed developer, Roxy-Pacific Holdings in 2018.

Neu at Novena condo is scheduled to be completed in May 2023. Upon completion it will comprises of 1 block of apartment building at 17 storeys high with 2 levels of basement carparks. There will be a total of 87 apartments units at this development. The unit configurations available include 57 units of 2 bedroom type with sizes ranging from 549 to 657 square feet, 14 units of 3 bedroom dual key type which are sized at 818 square feet, 5 units of 3 bedroom type which are sized at 861 square feet, 9 units of 4 bedroom plus utility type which are sized at 1302 square feet and 2 units of 4 bedroom duplex type which are sized at 1195 square feet.

The communal facilities will be located on the 1st level and 14th level of the development. On the 1st level will be the 25 m Lap Pool, the 1.2 m Wet Deck, the Sun Deck, the Rain Shower, the Pool Cove, the Pool Lounge, the Wellness Garden, the Hammock Pool, the Family Lounge, the Children’s Adventure Cove, the Cocoon Pod, the Fitness Deck, the Leisure Garden, the Firefly Boardwalk and the BBQ Pavilion.

The communal facilities on the 14th level will comprise of the Sunken Spa Pod, the Starlight Infinity Pool, the Aqua Gym, the Horizon Lounge, the Horizon Deck, the Rain Shower, the Gourmet Dining, the Vertical Garden, the Neu Sanctuary, the City patio and the Teepee Tent. There will be a total of 70 parking lots and 2 accessible lots located on both basement level 1 and 2 of the development. The development also provide 22 bicycle lots for cycling enthusiasts.

Other developments that are within Neu at Novena’s vicinity include Fyve Derbyshire, 26 Newton, Lincoln Suites, Novena Regency, Buckley Classique, Liberte, D’Shire, Suites @ Newton, Parc Infinia @ Wee Nam, Rochelle at Newton, Soleil @ Sinaran and 12 on Shan. The development is close proximity to the MRT station and also surrounded by plethora of retail, F&B offerings and lifestyle choices, making it convenient for daily necessities.

The progressive completion of the upcoming Health City Novena is also going to set transformation to Novena. The Health City Novena is an integrated development that will bring in the new phrase in total healthcare. It will increase the overall healthcare space and facilities by 150% that will cater to the increasing healthcare needs of future Central Singapore.  Upon completed, it will change the position of Novena and bringing this already well-known medical hub to a whole new level, making it a world-class medical hub.

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Neu at Novena is located in the core of the Novena district of Singapore and it near to the fringe of the Orchard Road. This development will offer freehold high rise residences in the coveted estate but at prices that are more affordable than those developments that are located nearer to Orchard Road which is just mere 5 minutes of driving away. In addition, the development is truly in one of the most locality of convenience that had to be which explains why it is popular among real estate investors for the high rental demand.

Particularly, the Neu at Novena is situated right behind the MRT station, spanning from the Moulmein Rise to the Sinaran Drive. On this end, the development will face the Soleil @ Sinaran condominium and The Huntington apartment which both of the developments have always enjoy good demand for rental. They are belong to a portion of an elite residential enclave that straddles through the Moulmein Road and spanning to the private residential estates of the Bukit Timah and Newton districts.

Neu at Novena condo is also situated next to a medical centre, right opposite of 2 shopping malls and is also close to the education belt along the Bukit TImah Road. The developer for this project, Roxy Pacific has established a branding for itself with the company’s strong portfolio of boutique sized developments in upscale locations is not just Singapore but also Australia.

The land parcel of Neu at Novena is in fact a combination of 2 freehold sites adjacent to each other on the address of 27 Moulmein Rise. The site has previously housed the Grand Tower condo after was then acquired by 27MR during a collective sale exercise. The building of Grand Tower Condominium was then torn down but had since not been redeveloped.

The empty plot of land was then bought over by RH Novena which is a subsidiary of Roxy Pacific from 27MR. It was transacted in end of May 2018 at a price tag of $106 million. The transaction was brokered boutique brokerage and investment advisory firm, Sakal Real Estate Partners.

The land parcel is situated in District 11 which has traditionally being one of top 3 prestigious districts for residential in the country. The residential properties that are in the vicinity of Neu at Novena are a mixture of upscale private condominiums and landed housings that have been around since the colonial era.

In addition, there are 2 shopping malls that are situated diagonally across the Sinaran Drive which is approximately 5 minutes’ walk from the development. And just about directly across the Moulmein Road, there also a reputable primary school, i.e. the Saint Joseph’s Institution Junior. The Novena district is also huge medical cluster in the making with growing workforce there.

According to Sakal’s Managing Director, the site is in a valued location. Its proximity to the MRT station which abundance of shopping and dining offerings close by and also the Health City Novena which is progressively completing, it will continue to strengthen the demand from both investor and homebuyers for residences of high quality in this enclave for a long time.

The site of Neu at Novena will be approximately triangular in shape and is flanked by the Moulmein Rise on both if its sides and the Sinaran Drive on one of its sides. All three of its sides will be surrounded by developments which are private residential. A blend of low-rise landed housings and mid-rise and high rise condominiums and apartment buildings surround the site.

Of all these, to the development’s west will be the Soleil @ Sinaran which has a 99 years tenure. The Soleil @ Sinaran is 40 levels tall and quite a new development. The height of this development will be in place to block the full afternoon west sun from the units at Neu at Novena while being a pleasant view from the development.

The rest of buildings that is in Neu at Novena vicinity will be much lower so residents at the development will get to have a feel being more open that the feeling of claustrophobia. In reality, residents will get to enjoy pockets of unblocked views from the landed housings next to it and also along Sinaran Drive that is in the direction of the Saint Joseph’s Institution Junior that is across the Moulmein Road.

A major appealing factor of Neu at Novena will be closeness to the retail cluster as well as the office buildings. The development is approximately 250 metres or less than 4 minutes’ of walking from Sinaran Drive to the 2 nearby shopping malls. There is also another shopping mall that is located along Thomson Road which is approximately 5 minutes’ walk away.

This will mean that there will be comprehensive of dining and shopping options along with specialty services that are easily available within just walking distances. The shopping malls also houses stores such as restaurants, cafes fast food restaurants, food courts, centre for child enrichment, lifestyle, fashion, salons, medical services as well as supermarkets.

According to the Master Plan by URA, the Novena cluster will be developed to one of the biggest medical clusters in Singapore. The Health City Novena will be an integrated state of the art healthcare centres that will incorporate the Tan Tock Seng Hospital and other medical centres and also the Novena Campus of Lee Kong Chian Schools of Medicine. This medical cluster will be on track with its completion in 2030.

The extension of the Health City Novena will be more than healthcare services but will also embrace on an eco system that is comprehensive which comprises of education, research as well as supporting services that are related. To envision this, it will need to grow a healthcare professional workforce comprising of locals and also foreigners which will likely surge the rental demand in this district.

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About the Developer
The developer for Neu at Novena condo is RH Novena which is a subsidiary of Roxy Pacific. Roxy Pacific is a local company dealing with real estate and has a track record which goes back to 1967. The company went public in 2008 and is currently listed on SGX Mainboard. The company’s portfolio of real estate developments has a wide variety which includes retail development, hotel and hospitality as well as residential development.

The main business of Roxy Pacific is properties developments for sale for both the commercial and residential sectors. The company is reputable for the boutique and mid-size residential projects. Many of these development are freehold tenure and usually on a small scale. The attractions of these developments will appeal to home buyers as well as investor that are looking for rental opportunities and potential increase in values.

For more than 15 years, Roxy Pacific has completed over 45 projects of such scale. These projects have injected over 4300 commercial and residential units to the property market scene of Australia, Malaysia and also Singapore.

The company has also generated regular incomes from its portfolio for investment. The company owns the hotel, Grand Mercure Roxy, which is located in Marine Parade. It also owns a number of high-end boutique hotels with the branding of Noku Roxy in the Osaka and Kyoto city of Japan. The company also bought over a Maldives’ holiday resort as well as a few land parcels in Phuket, Thailand for redeveloping them into hotels.

The company also has retail development in Singapore an also Melbourne House a commercial and retail building at 6 storeys tall located in the CBD of Melbourne. The company also has 50% interest for a commercial building which is at 14 storeys high in the CBD of Sydney as well as 50% share in an office tower locate in the CBD of Auckland, New Zealand.

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Neu at Novena Location Map


Neu at Novena Site Plan and Facilities


Amenities Near Neu at Novena and Their Approximate Distances

Train Stations
Novena (NS20) – 0.3km

Bus Stops
Revival Ctr Ch (Bus: 124, 21) – 0.1km
St Michael’s Sch (Bus: 124, 21, 518, 518A) – 0.1km

Supermarkets
Fairprice (Novena Square) – 0.2km
Cold Storage (Novena Square) – 0.2km
Sheng Siong (108 McNair) – 1.5km
Giant (Toa Payoh 181) – 1.7km

Shopping Malls
Velocity @ Novena Square – 0.2km
Square 2 – 0.2km
United Square – 0.3km
Zhongshan Mall – 0.8km
Shaw Plaza – 0.9km
Connexion – 1.2km
Mustafa Centre – 1.5km
City Square Mall – 1.5km
The Verge – 1.7km
Far East Plaza – 1.9km

Kindergarten
GUG The Kindergarten – 0.4km
NAFA Arts Kindergarten (Derbyshire) – 0.5km
Thomson Road Baptist Kindergarten – 0.5km
MFC Kindergarten (Newton) – 0.5km
Newton Kindergarten – 0.8km
Little Woods Montessori Preschool – 0.8km
PCF SPARKLETOTS PRESCHOOL @ MOULMEIN-CAIRNHILL Blk 10 – 0.9km
MOE Kindergarten @ Farrer Park – 0.9km
Far Eastern Kindergarten – 1.0km
PCF SPARKLETOTS PRESCHOOL @ WHAMPOA Blk 85 – 1.2km

Primary School
Saint Joseph’s Institution Junior – 0.2km
Balestier Hill Primary School – 0.7km
Farrer Park Primary School – 1.0km
Anglo Chinese Primary School – 1.1km
Anglo Chinese Junior School – 1.3km
Hong Wen Primary School – 1.3km
CHIJ Primary School (Toa Payoh) – 1.5km
Saint Margaret’s Primary School – 1.7km

Secondary School
Anglo Chinese Secondary School (Barker Road) – 1.1km
CHIJ Secondary School (Toa Payoh) – 1.5km
Bendemeer Secondary School – 1.7km
Saint Joseph’s Institution – 2.0km

Junior College
Catholic Junior College – 1.3km

Tertiary
Lee Kong Chian School of Medicine (Novena Campus) – 0.4km
Singapore Institute of Materials Management – 1.0km
EASB East Asia Institute of Management – 1.0km
Curtin University of Technology, Singapore – 1.2km
Laselle College of the Arts – 2.0km

International School
Italian Supplementary School – 0.4km
Global Indian International School (Balestier Campus) – 1.3km
Saint Joseph’s Institution International School – 1.7km
Chinese International School – 1.8km

Food Centre
Pek Kio Market and Food Centre – 0.6km
Whampoa Makan Place and Market – 1.0km
Newton Food Centre – 1.1km
Tekka Market and Food Centre – 1.6km
Berseh Food Centre – 1.8km
Blk 74 Toa Payoh Lorong 4 Market and Food Centre – 1.8km
Blk 29 Bendemeer Market and Food Centre – 1.9km

Lifestyle
Ceylon Sports Club – 0.9km
Singapore Indian Association – 1.0km
HomeTeamNS-JOM @ Balestier – 1.1km
Civil Service Club Tessensohn – 1.2km
Singapore Chinese Recreation Club – 1.2km
Singapore Khalsa Association – 1.3km
PWD-BCA Club – 1.4km
Tanglin Club – 1.8km
People’s Association Headquarters – 1.8km
Singapore Polo Club – 2.0km


Highlights of Neu at Novena

Transport network
Whether it is by road or rail, Neu at Novena is extremely accessible. It is approximately 300 m from Novena MRT Station which operates the MRT North South Line, future residents just need to travel 1 station towards the Marina South Pier MRT Station direction to arrive at the Newton MRT Interchange Station which also operates the MRT Downtown Line. In the same direction, the Orchard MRT Interchange Station is also just 2 stations away.

The upcoming MRT Thomson East Coast Line which is available at the Orchard MRT Interchange Station is also scheduled to be completed in 2021. The development is also just 4 MRT Stations away from the Dhoby Ghaut MRT Interchange, where the MRT North East Line and MRT Circle Line operates and also 5 train stations away from City Hall MRT Interchange station which also operates the MRT East West Line. Besides the comprehensive public transportation network, future residents can also look forward to the highly accessibilities of this development.

Amenities
From the development, it will take them approximately 5 minutes’ drive to the Orchard Shopping Belt and approximately 10 minutes’ drive to the Marina Bay Financial Centre (MBFC). The nearby arterial roads can also link them to the Central Expressway as well as the Pan Island Expressway (PIE). The upcoming North South Corridor is expected to improve connectivity even more, with an underground tunnel and cycling network that links to the city.

Schools
Families with school going children will also benefit from being near established schools, including Saint Joseph’s Institution Junior, Balestier Hill Primary School, Farrer Park Primary School, Anglo Chinese Primary School, Anglo Chinese Junior School, Hong Wen Primary School , CHIJ Primary School (Toa Payoh), Saint Margaret’s Primary School, Anglo Chinese Secondary School (Barker Road), CHIJ Secondary School (Toa Payoh), Bendemeer Secondary School, Saint Joseph’s Institution, Catholic Junior College.

Neu at Novena is also close to tertiary institutions such as Lee Kong Chian School of Medicine (Novena Campus), Singapore Institute of Materials Management, EASB East Asia Institute of Management, Curtin University of Technology, Singapore and Laselle College of the Arts. Nearby international schools include Italian Supplementary School, Global Indian International School (Balestier Campus), Saint Joseph’s Institution International School and Chinese International School.

To summarize,

  1. Serenity – It is located in the quiet private residential enclave.
  2. Prime – It is located in the prestige district 11.
  3. Locality – It is just minutes’ walk to the MRT Station.
  4. Accessible – It is minutes to the CBD and Orchard.
  5. Good Schools – It is surrounded by some of the most renowned schools in Singapore.

Neu at Novena Factsheet

Neu at Novena Factsheet

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