CITY EDGE Review

Condo Review 5 min read Last reviewed
District 11 · Freehold · Completed 2008
~$1,997Avg PSF (12-month)
49Total units
Category Ratings
Walkability
7.0
Investment
4.6
En-Bloc Potential
5.0
ShiokNest Score
5.7

Overview & Key Facts

CITY EDGE is a freehold condominium at MOULMEIN RISE in District 11 (CCR), developed by LENG HOE DEVELOPMENT PTE LTD, comprising 49 units, completed in 2008.

Developer
LENG HOE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
49
TOP year
2008
District
11 — CCR
Street
MOULMEIN RISE

Location & Connectivity

CITY EDGE is approximately 320m from Novena MRT station, with 7 stations within 1.5 km.

MRT stations near CITY EDGE
StationLineDistance
NovenaNorth-South Line320m
NewtonNorth-South Line1.1 km
NewtonDowntown Line1.1 km
Farrer ParkNorth-East Line1.2 km
Toa PayohNorth-South Line1.5 km
Little IndiaNorth-East Line1.5 km

Schools & Education

17 schools within 2 km (3 within 1 km priority zone).

Schools near CITY EDGE
SchoolTypeDistance
CHIJ Our Lady Queen of PeacePrimary280m
St. Margaret's Secondary SchoolSecondary750m
St. Margaret's Primary SchoolPrimary790m
Singapore Chinese Girls' School (Primary)Primary1.2 km
St. Joseph's InstitutionSecondary1.2 km
Farrer Park Primary SchoolPrimary1.3 km
Anglo-Chinese School (Primary)Primary1.3 km
Beatty Secondary SchoolSecondary1.4 km

Unit Mix & Pricing

Unit mix for CITY EDGE
TypeSalesAvg PSFAvg Price
2 BR5$1,765 psf$1,462,778
3 BR1$1,997 psf$2,300,000

Market Position

CITY EDGE has recorded 6 sales at an average price of $1,602,315.

CITY EDGE sits at the 48th percentile of District 11 condo PSF.
$1,997 psf
Avg PSF (12mo)
$1,602,315
Avg Price
3.1%
Gross Yield
6
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at CITY EDGE typically rent harder per dollar of purchase price:

Per-bedroom gross yield at CITY EDGE
TypeAvg RentAvg PriceGross Yield
2 BR$3,892/mo$1,462,7783.19%
3 BR$4,655/mo$2,300,0002.43%

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Price Appreciation

PSF trend for CITY EDGE
YearSalesAvg PSFYoY
20222$1,713 psf
20233$1,799 psf↑ 5.0%
20251$1,997 psf↑ 11.0%

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The latest reading marks the highest point in this series — CITY EDGE prices have climbed 16.6% since 2022.

Price Index Check

The ShiokNest Price Index for District 11 reads 121.2 as of June 2026 — up 1.7% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 11 competitors
CondoTenureAvg PSFSales
PULLMAN RESIDENCES NEWTONFreehold$3,074 psf288
WATTEN HOUSEFreehold$3,236 psf180
SOLEIL @ SINARAN99 yrs lease commencing from 2006$1,979 psf96
PEAK RESIDENCEFreehold$2,489 psf90
AMARYLLIS VILLE99 yrs lease commencing from 1997$1,909 psf74

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 49-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

Buyers most likely to be happy here: mrt-walkable commuters, p1 school balloting families, yield-focused investors and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.

empty nesters / downsizers and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2008 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.


Verdict

CITY EDGE is a freehold development in District 11 (CCR), with 49 units, offering a gross yield of 3.1%.

At ~$1,997 psf, it reflects its premium CCR positioning.

Explore the full CITY EDGE dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CITY EDGE against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (400m away), an upgrader gap of about $700,000
  • Toa Payoh — 4-room average $929,793 (1.2 km away), an upgrader gap of about $650,000
  • Central Area — 4-room average $1,088,814 (1.3 km away), an upgrader gap of about $500,000

FAQ

What is the average PSF for CITY EDGE?
The 12-month average is approximately $1,997 psf.
Is CITY EDGE freehold?
Yes, CITY EDGE is a freehold property.
What is the rental yield for CITY EDGE?
The estimated gross yield is 3.1%.
Which MRT is nearest to CITY EDGE?
The nearest is Novena MRT at 320m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 6 transactions
  • Rental data: 88 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2025

Latest recorded data point: Jan 2025 · 6 records analysed · Source: URA private-sale caveats

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