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.
Location & Connectivity
CITY EDGE is approximately 320m from Novena MRT station, with 7 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Novena | North-South Line | 320m |
| Newton | North-South Line | 1.1 km |
| Newton | Downtown Line | 1.1 km |
| Farrer Park | North-East Line | 1.2 km |
| Toa Payoh | North-South Line | 1.5 km |
| Little India | North-East Line | 1.5 km |
Schools & Education
17 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 280m |
| St. Margaret's Secondary School | Secondary | 750m |
| St. Margaret's Primary School | Primary | 790m |
| Singapore Chinese Girls' School (Primary) | Primary | 1.2 km |
| St. Joseph's Institution | Secondary | 1.2 km |
| Farrer Park Primary School | Primary | 1.3 km |
| Anglo-Chinese School (Primary) | Primary | 1.3 km |
| Beatty Secondary School | Secondary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 5 | $1,765 psf | $1,462,778 |
| 3 BR | 1 | $1,997 psf | $2,300,000 |
Market Position
CITY EDGE has recorded 6 sales at an average price of $1,602,315.
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:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,892/mo | $1,462,778 | 3.19% |
| 3 BR | $4,655/mo | $2,300,000 | 2.43% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 2 | $1,713 psf | — |
| 2023 | 3 | $1,799 psf | ↑ 5.0% |
| 2025 | 1 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | $3,236 psf | 180 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | $1,979 psf | 96 |
| PEAK RESIDENCE | Freehold | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | $1,909 psf | 74 |
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.
Best suited for
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?
Is CITY EDGE freehold?
What is the rental yield for CITY EDGE?
Which MRT is nearest to CITY EDGE?
Sources & Next Steps
- CITY EDGE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 11 (Watten Estate, Novena, Thomson) — District 11 neighbourhood guide
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.
Latest recorded data point: Jan 2025 · 6 records analysed · Source: URA private-sale caveats