Square 2, Novena

Square 2 is a 99-year leasehold shopping mall that is located in Novena, Thomson. The built-up available at this property is 700 sf to 883 sf. It was developed by Far East Organization.

Far East Organization is a gigantic property developer, and it has built about 150 property projects in Singapore. Other similar projects by the same developer are HillV2, Hougang 1 and Orchard Central.

Property Type
Shopping Mall
Land Tenure
99-Year Leasehold
Built-up
700 sf - 883 sf
Market Price
S$2,680,000 - S$3,180,000
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

This shopping mall has some amenities nearby, e.g. hospitals, schools, universities and transit stations. The following are some main hospitals here:

As for schools, there are Elan & Soma Schools Singapore and Kiddiwinkie Schoolhouse. There are also some universities here, such as Beacon International College and Capital College Of The Arts.

The current rental yield of Square 2 is around 2.42%, compared to 2.26% 3 years ago in Q4 2018. The highest rental yield ever recorded was 3.17% in Q3 2019; while the lowest one was 2.26% in Q4 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Square 2 is 700 sf with a median price of S$3,830 psf. For price wise, the most expensive one is 700 sf with a median price of S$3,830 psf; while the cheapest one is 883 sf with a median price of S$3,600 psf.

Latest Square 2 sale listings:

TarikhJenis HartanahBinaanHarga
2 Dec 2021Retail904 sfS$3,800,000
21 Oct 2021Retail8,041 sfS$45,027,970
21 Oct 2021Retail366 sfS$2,012,870
25 Sep 2021Retail840 sfS$4,116,000
4 Aug 2021Retail700 sfS$3,400,000
29 Jul 2021Retail764 sfS$3,514,400
8 Jul 2021Retail700 sfS$2,680,000
8 Jul 2021Retail1,487 sfS$4,980,000
13 May 2021Retail700 sfS$2,520,000
12 Mar 2021Retail700 sfS$2,450,000

Latest Square 2 rental listings:

TarikhJenis HartanahBinaanSewaan
31 Jan 2022Retail668 sfS$6,080
4 Dec 2021Retail1,259 sfS$12,200
4 Dec 2021Retail700 sfS$6,650
4 Dec 2021Retail1,259 sfS$12,338
3 Dec 2021Retail1,259 sfS$12,338
3 Dec 2021Retail700 sfS$6,860
3 Dec 2021Office1,259 sfS$12,339
3 Dec 2021Retail721 sfS$6,499
25 Oct 2021Retail1,442 sfS$14,000
25 Sep 2021Retail1,259 sfS$12,338
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