Located in the Central Region of Singapore, Novena is one of the best-preferred regions for most homeowners & investors. This region is known for its private housing estate, condominiums and being Singapore’s largest healthcare complex.
Today, we are going to share with you the top 5 reasons why you should purchase your bricks & mortars in Novena and not somewhere else.
1. The Transport Connectivity
In the Novena Region, there is an entitled North-South Line, Novena Station, linking it from Marina Bay Sands, Orchard Shopping Belt and all the way to Woodlands. Bus stops are well-planned, making the public transport system in the Novena Region extremely connected to all parts of Singapore. If you’re driving in the city, Novena is well-connected to PIE expressway, linking between Jurong and Changi.
The new perks of living in Novena: The North-South Corridor tunnel near Novena has begun in the first quarter of 2019, connecting the East Coast Parkway (ECP) with the northern parts of Singapore.
2. The shopping amenities
Just above Novena MRT Station, there are 3 largely well-known malls, Novena Square, Velocity & Square 2. Offering a diverse range of fashion apparel, beauty services, supermarkets, F&B outlets, educational classes and private healthcare clinics. Novena basically houses everything you need in the region.
3. The Education
Other than the top-notch amenities and excellent transport connectivity, one of the main reasons why homeowners purchase in this region is none other than being close to reputable elite schools.
Local Schools include: St Joseph’s Institution Junior, St Joseph’s Institution International, Anglo-Chinese School & Singapore Chinese Girls’ School.
International Schools include: Overseas Family School, Chatsworth International School, the Australian International School, Stamford American International School, Avondale Grammar School & Chinese International School.
With a comprehensive list of local and international schools, ex-pats find it extremely attractive renting in this region as well.
4. Healthcare Facilities
A masterplan for Singapore’s single largest healthcare complex in the Novena area, Health City Novena is a 17-hectare modern integrated healthcare complex linking TTSH, the medical school and all public and volunteer healthcare facilities.
It will also extend beyond healthcare to encompass a complete and holistic eco-system that includes health services, research and education, commercial, leisure, and public spaces.
5. Capital Growth in Novena City
With the massive transformation of turning Novena into Singapore’s largest healthcare complex, integrating North-South expressway and the predominant name & classification to itself, we can imagine the next capital gain in this city.
With a new 17-hectare modern integrated healthcare complex, more healthcare professionals will be expected in this region, creating a new demand. Prices of home sales are expected to increase with the low supply of private housing in this region.
Rental yield will continue to grow steadily to meet the demand of ex-pats.
Before you realized, Novena’s enduring popularity looks set to grow even further. Wish to find out what’s the new launches available in this region? Stay tuned for our next article!
My name is Jen Tan, feel free to share your thoughts on Novena with us & we hope to hear from you too. Cheers!