Potential of Novena with Novena Healthcity

Rating: 4.5 (out of 5)

Royal Square @ Novena

Novena Health City set to be on path to be the biggest healthcare complex in Singapore by 2030 with its integration of various healthcare facilities, medical school together with Tan Tock Seng Hospital under one roof.

Recent years has seen Novena undergo major transformation with new residential condominium, hospitals and also new shopping malls. More expats are also calling Novena its home especially from PRC, Malaysia and Indonesian.

Despite the major revamp at Novena, this area actually still retain its religious origin in which Novena was acutlaly named after Church of Saint Alphonusus, which is also known as Novena Church, one of the most distinctive landmarks. In fact, “Novena” means a type of Catholic devotional prayer.

Its strategic location at prime districts District 11 put Novena in a high demand loation, both to investors as well as residential for own stay. Whether for rental or good schools, Novena is high sought after, especially its proximity to Central Business District (CBD). 

Numerous Shopping malls such as Velocity @ Novena Square, United Square and Square 2 provide residents a ultimate convenience with a one stop shopping mall and also dining options. For those who wish to have a more heritage experience can head over to Balestier where all the famous local gourmet resides and also Zhongshan Park with the shopping mall and various restaurants await.

 

Transformation at Novena

Although Novena is well accessible and popular, the upcoming Thomson East Coast line will further enhance the connectivity of Novena to various part of Singapore with its upcoming Botanic Gardens and Stevens MRT Station. 

Health City Novena, once completed by 2030 will be Singapore biggest healthcare complex with various medical facilities all under one integrated community with medical education, medical guru, research and healthcare facilities with build up area more than 600,000sqm.

With the transformation ongoing at Novena, it should provide good rental yield over at Novena and Newton. One of the new condos nearby is 26 Newton and 12 on shan which is located just within vicinity set to be popular with investors. Royal Square which set to TOP by 2018 will be adding on its list of medical suites with mixture of medical suites and retail shops.

 

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