One Akyab
Located in District 11 (Watten Estate, Novena, Thomson), One Akyab is a freehold condominium in the Core Central Region (CCR). The development comprises 19 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data. Nearby developments in District 11 can be compared on ShiokNest's district analytics pages.
Overview & Key Facts
ONE AKYAB is a freehold condominium at AKYAB ROAD in District 11 (CCR), developed by VILEE REALTY PTE LTD, comprising 19 units.
Location & Connectivity
ONE AKYAB is approximately 490m from Novena MRT station, with 6 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Novena | North-South Line | 490m |
| Toa Payoh | North-South Line | 1.1 km |
| Farrer Park | North-East Line | 1.4 km |
| Mount Pleasant | Thomson-East Coast Line | 1.5 km |
| Newton | North-South Line | 1.5 km |
| Newton | Downtown Line | 1.5 km |
Schools & Education
23 schools within 2 km (1 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 460m |
| Beatty Secondary School | Secondary | 1.1 km |
| St. Margaret's Secondary School | Secondary | 1.1 km |
| St. Margaret's Primary School | Primary | 1.2 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.2 km |
| School of Science and Technology | JC | 1.2 km |
| St. Joseph's Institution | Secondary | 1.3 km |
| New Town Primary School | Primary | 1.3 km |
Market Position
ONE AKYAB has recorded 4 sales at an average price of $2,380,972.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,254 psf | — |
| 2022 | 1 | $1,312 psf | ↑ 4.6% |
| 2024 | 1 | $1,385 psf | ↑ 5.6% |
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ONE AKYAB prices sit at a fresh series high after a 5.6% gain on the prior period, now 10.5% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 11 reads 119.0 as of June 2026 — down 0.1% 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
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 19 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters, p1 school balloting families, long-term hold (10+ yr) and freehold / generational hold. Located ~494m from Novena MRT, this property is a comfortable daily walk for transit commuters.
foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors and short-term flippers (<5 yr) — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
ONE AKYAB is a freehold development in District 11 (CCR), with 19 units, offering a gross yield of 2.3%.
Explore the full ONE AKYAB dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing ONE AKYAB against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (520m away), an upgrader gap of about $1,500,000
- Toa Payoh — 4-room average $929,793 (890m away), an upgrader gap of about $1,450,000
- Central Area — 4-room average $1,088,814 (1.6 km away), an upgrader gap of about $1,300,000
FAQ
What is the average PSF for ONE AKYAB?
Is ONE AKYAB freehold?
What is the rental yield for ONE AKYAB?
Which MRT is nearest to ONE AKYAB?
Sources & Next Steps
- ONE AKYAB Dashboard — Live charts and analytics
- URA — 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: 4 transactions
- Rental data: 9 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Mar 2024 · 4 records analysed · Source: URA private-sale caveats