CCR · Prime District 11

D11 Novena · Newton

Novena · Newton · Watten Estate · Thomson

Health corridor — NSC / TTSH / Mt Elizabeth. Family-friendly, MRT-rich.

New-launch PSF (2026)
S$2,300–2,900
2026 band
Gross yield (typical)
2.8–3.5%
2026 rental reset
Travel to CBD
~13 min
MRT + road
Tenure character
Mixed FH/LH
Meaningful FH pockets

Who actually lives in D11.

Medical professionals, SC families, expat families (medical tourism-adjacent), mid-senior management. Balanced owner/renter.

Health corridor (NSC/Tan Tock Seng/Mt Elizabeth). Family-friendly, MRT-rich.

Tenure & typical size

Tenure mix: Mix of FH (Newton, Watten) and 99-yr (Novena recent launches).

Typical unit size: 700-2,500 sqft

Read the position, not just the number.

Region spectrum
D11 is classified CCR — Core Central Region — Singapore's prime tier. Premium, currency-sensitive, foreign-buyer exposed..
CCR
RCR
OCR
D11 · CCR

D11 sits in prime territory. Pricing, tenant pool, and exit all skew toward the 10%-of-the-market segment.

PSF range (2026) vs tier medians
The band shows this district's new-launch PSF range overlaid on broad OCR / RCR / CCR tier bands (S$1,200 – S$3,500+).
S$1,200
S$1,900
S$2,500
S$3,500+
S$2,300–2,900 psf

Don't shop PSF averages — shop by stack, tenure, and floor. District medians hide the 20-30% spread between freehold premium and older leasehold.

Gross yield — where this district sits on the 2-5% spectrum
Yield band reflects typical 2026 rentals vs purchase price; not point estimates.
3% floor
2.8–3.5%
2.0%3.0%4.0%5.0%

Just clears the 3% floor most SG investors use. Modest yield — appreciation thesis matters more.

Travel times from D11
MRT + typical off-peak road time estimates.
To CBD
~13 min
To Orchard
~5 min
To Changi
~28 min

Central-accessible. The commute ceiling isn't the barrier here — it's the entry price.

What's actually connecting D11.

MRT stations

  • Novena (NSL)
  • Newton (NSL · DTL)
  • Stevens (DTL · TEL)
  • Mount Pleasant (TEL)
  • Caldecott (CCL · TEL)

Key amenities

  • • United Square
  • • Novena Square
  • • Velocity
  • • Tan Tock Seng Hospital
  • • Mt Elizabeth Novena
  • • Balestier Food Street (edge)

Schools within or near this district.

School premium is concentrated in the 1-2km corridor around specific primary schools. Verify actual distance before paying the "school catchment" premium.

Primary

  • • Anglo-Chinese School (Primary)
  • • Anglo-Chinese School (Barker)
  • • St. Joseph's Institution
  • • CHIJ Toa Payoh

Secondary

  • • Singapore Chinese Girls' School

JC / international / tertiary

  • None in this district

The names that anchor D11 pricing.

Projects currently setting the PSF and tenant-quality benchmarks in D11. All verified against transacted sales.

Pullman Residences Newton

Kopar at Newton

The Atelier

Park Colonial (edge)

Fyve Derbyshire

10 Evelyn

Watten House

Newton Suites

Lincoln Suites

2026–2027 pipeline

Project Expected Status
The Serra Residences
Freehold · 133 units
Q3 2026 Rumoured

Verified against URA GLS + developer announcements as of April 2026. List refreshes monthly.

How I'd think about D11 through the framework.

01

Capital

Premium band — cash reserves and CPF positioning matter more than LTV optimization. Entry ceilings are high and stamp-duty drag is material.

02

Cashflow

Yield clears 3% but narrowly. Works for long-hold + modest-income-drag profiles. Stress-test vacancy and MCST + tax.

03

Progression

Where D11 sits in your portfolio depends on what you're progressing FROM and TO. Entry without a planned exit is speculation — see exit strategy.

04

Protection

FX exposure + thinner liquidity in downcycles. Stress-test: rate-doubling, 9-month vacancy, MCST special levies. CCR units are volatile at the edges of cycles.

Match the district to the buyer.

Fits D11 well

  • ✓ Medical professional owner-occupier
  • ✓ ACS/SJI catchment family buyer
  • ✓ Investor on medical tourism tenant thesis

Doesn't fit

  • ✗ Pure speculators looking for short-term flip gains
  • ✗ Buyers stretching to the AIP ceiling with thin reserves
  • ✗ Investors ignoring tenure, size, or exit sequencing
  • ✗ Foreign 60%-ABSD buyers without long-term SG thesis

The honest take on D11.

Health corridor (NSC/Tan Tock Seng/Mt Elizabeth). Family-friendly, MRT-rich.

Every district has a "default buyer profile." The mismatch between the district you're drawn to and the buyer profile you actually fit is where most bad decisions live. Run the 4-Pillar Audit before paying the district premium.

Questions people actually ask me about D11.

Why is D11 called the health corridor? +
TTSH, National Skin Centre, Mt Elizabeth Novena, Novena Medical Center are all clustered. Rental demand from medical staff, visiting specialists, and medical tourists is structural — underwrites rental liquidity.
D10 vs D11 — which is more liquid? +
D11 sells faster, especially 99-yr stock near Novena MRT. D10 FH holds value longer but transactions take longer. D11 for 7-10yr hold, D10 for 15yr+.
How's Mount Pleasant development going? +
Former police academy redevelopment is a decade-long project. First GLS parcels expected mid-late 2020s. Adjacent projects (Watten House, upcoming GLS) will benefit — but timeline is patient-capital territory.

Thinking about D11?

Let's run the 4-Pillar Audit on your specific numbers — not the district's averages.