{"id":45321,"date":"2017-02-24T07:30:41","date_gmt":"2017-02-24T00:30:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/eye-on-novena-bridging-the-past-and-future\/"},"modified":"2017-02-24T07:34:14","modified_gmt":"2017-02-24T00:34:14","slug":"eye-on-novena-bridging-the-past-and-future","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eye-on-novena-bridging-the-past-and-future\/","title":{"rendered":"Eye on Novena: Bridging the past and future"},"content":{"rendered":"


\nBy 2030, Health City Novena will become the biggest healthcare complex in Singapore, linking Tan Tock Seng Hospital with a medical school and other healthcare facilities.
\nNovena gets its name from a popular Catholic church built in the vicinity more than 65 years ago. In recent years, it has undergone major changes, with new shopping malls, hospitals and residential developments catering to a growing number of locals and expats who have made the neighbourhood their home.
\nBy Joanne Poh
\nDespite the modern appearance of the Novena neighbourhood, the area\u2019s name is actually religious in origin.
\nNovena was named after the Church of Saint Alphonsus, one of the area\u2019s most distinctive landmarks, popularly known as Novena Church.
\nThe church premises, which was formerly the property of Wee Kah Kiat, a rich Chinese businessman, was acquired in 1948 by Redemptorist priests who, having made the journey from Australia to Singapore in 1935, then oversaw the construction of the Catholic church in 1950.
\nIn fact, the word \u201cnovena\u201d refers to a type of Catholic devotional prayer, which is repeated over a period of nine days or weeks, in private or in public.
\nMeanwhile, Balestier Road, a major thoroughfare in the Novena area linking Serangoon Road to Thomson Road, was named after Joseph Balestier.
\nBalestier was the first American consul of the British colony, a wealthy man who owned a massive sugar plantation named Balestier Plain, situated where the present-day Balestier Road now stands.
\nThe Novena of today retains hints of its colourful past despite having been reinvented to become one of the nation\u2019s best neighbourhoods.
\n\u00a0<\/p>\n

\u00a0
\nThe neighbourhood that\u2019s got everything
\nOver the years, Novena has undergone significant development to become one of Singapore\u2019s most sophisticated neighbourhoods.
\nEdmund Ee, a property agent with PropNex Realty, said: \u201cDistrict 11 is one of the prime districts in Singapore. There is a medical hub, demand from investors, and good schools like St. Joseph\u2019s Institution Junior. There is also local demand from parents who want to send their children to good schools there.\u201d
\nResidential property in the Novena area is extremely sought-after due to its proximity to the Central Business District (CBD). It has also become an extremely popular area for expatriates seeking rental property due to its location and amenities, making it an excellent choice for those wishing to invest in a buy-to-let property.
\nThe vast majority of homes in Novena are landed houses or condominiums, although there are some HDB blocks in certain spots, such as Moulmein Road and Balestier Road.
\nNovena is not short of landmarks, which makes it one of the most distinctive neighbourhoods in Singapore.
\nOther than the storied Novena Church, with its very visible location on Thomson Road, the area has drawn visitors from all over Singapore, thanks to the cluster of shopping malls in the vicinity of Novena MRT station.
\nVelocity @ Novena Square, formerly known as Novena Square Shopping Mall, was rebranded ten years ago and transformed into a sports-themed mall with an outdoor basketball court by the entrance. Free workouts are frequently organised on-site, and tenants include the Adidas Factory Outlet, Reebok Fit Hub, Royal Sporting House and World of Sports.
\nJust next door is Square 2, dedicated to the more conventional pursuits of shopping and dining. The mall boasts a Korean-themed cluster of tenants for those who\u2019ve been swept up by the Korean craze.
\nFurther down Thomson Road, United Square Shopping Mall is another long-time shopping centre that is now in its current incarnation as a hub for child-and-maternity products and services. The mall is equipped with a nursing room, reading room and play facilities, in addition to a range of retail shops which include GapKids, Petit Bateau and Toys \u201cR\u201d Us.
\nFor those who wish to escape air-conditioned malls for a more authentic local experience, Balestier Road has a reputation for being home to some of Singapore\u2019s oldest and most famous eateries, attracting foodies from all over the island. Firm favourites include revered chicken rice sellers Boon Tong Kee and the inimitable 333 Bak Kut Teh.
\nLee Shi Yan, a 31-year-old lawyer who grew up in Novena, enjoys the area immensely due to its variety of lifestyle options.
\n\u201cThere is access to good food along Balestier Road, perfect for a midnight supper run,\u201d he said. \u201cThe cinema is close by at Balestier Plaza, and there is a good cluster of shopping centres, including Square 2, Velocity and United Square. Orchard Road is also not far away.\u201d
\nHis favourite spots in the area include La Ristrettos, a cosy cafe on the eighth floor of Novena Medical Centre with a nice view of the surrounding area, and PigsFly Kitchen & Bar, an unpretentious eatery that serves up beer and a variety of cuisines in a charmingly casual setting.
\nDespite the array of shopping and dining options in the area, Novena is by no means a concrete jungle. In fact, due to the abundance of low density housing, the area retains a peaceful charm that has been lost in many parts of Singapore, with quiet pockets where residents and visitors can relax.
\nOne such spot is the beautiful Zhongshan Park, with its picnic-worthy grounds, flanked by restaurants and a shopping mall. The Sun Yat Sen Nanyang Memorial Hall, just a stone\u2019s throw away, is one of the most important cultural sites in the Balestier Conservation Area, having served as Sun Yat Sen\u2019s base for his revolutionary activities in Southeast Asia.
\n\u00a0
\n12 on Shan is a new freehold property located close to Novena.
\n\u00a0
\nLooking to the future
\nNovena\u2019s enduring popularity looks set to grow even further. Already, the area has benefitted greatly from the opening of the Downtown Line\u2019s two new MRT stations (Botanic Gardens and Stevens), which have boosted connectivity to the CBD and Bukit Timah.
\nWhile Novena has always been very accessible due to its proximity to Orchard Road and the financial district, the area will be even better connected when the Thomson MRT line and its Mount Pleasant station, as well as the interchange at Stevens, are added by 2021.
\nAnother major initiative that will further boost Novena\u2019s attractiveness is the upcoming Health City Novena, slated for completion in 2030.
\nSaid PropNex\u2019s Ee: \u201cNovena will have the country\u2019s biggest healthcare complex by 2030, an integrated community of healthcare, medical education and translational research providers. All public and volunteer healthcare facilities, plus a medical school, will be linked up to form Health City Novena. More facilities and services will be added to the existing ones, such as Tan Tock Seng Hospital, and the built-up area will be more than doubled from 250,000 sq m to 600,0000 sq m \u2013 roughly the size of 85 football fields.\u201d
\nEe is confident that the entire area will benefit from the development of Health City Novena.
\n\u201cIn the future, there will be a steady pool of good tenant profiles in the medical field renting in the Novena area and spilling over to Newton. Land is scarce, thus we should see more en bloc activities in time to come,\u201d he said.
\nGiven its potential, Novena is constantly being watched by investors and prospective home buyers. Some notable residential projects in the area include 6 Derbyshire, 26 Newton and 12 on Shan, a much-awaited freehold condominium development which is expected to receive its Temporary Occupation Permit in 2019.
\nDue to their convenient location in one of Singapore\u2019s most central residential neighbourhoods, these developments look set to be extremely popular with investors.
\nThe residents of Novena have the good fortune of being able to enjoy the best of both worlds \u2013 a glitzy modernity that manifests in shopping malls and healthcare facilities on the one hand, and the idyllic, nostalgic charm of the Balestier shophouse stretch, two sides of a Singapore that\u2019s caught between the past and the future.
\nDid you know
\n\u2013 The famous Novena Church is undergoing a facelift. For the past two years, the church has undergone a major refurbishment to transform it into a gothic-style house of worship, reminiscent of European cathedrals, a total change from its previous Swan and Maclaren-designed premises.
\n\u2013 The Novena MRT station is one of the most recognisable stations in the MRT network, thanks to its distinctive bright green tiles.
\n\u2013 The stretch of Balestier Road between Thomson Road and Serangoon Road forms part of the Balestier Conservation Area, and features pre-war historic shophouses and architecture from the 1950s and 1960s.
\n\u00a0<\/p>\n

This article was first published in the print version PropertyGuru News & Views. Download PDFs of full print issues or read more stories now!<\/p>\n


\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Eye on Novena: Bridging the past and future<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By 2030, Health City Novena will become the biggest healthcare complex in Singapore, linking Tan...<\/p>\n","protected":false},"author":1,"featured_media":45322,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-45321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/02\/Median-sale-and-rental-prices-for-non-landed-private-property-in-D11-1024x335.jpg?fit=1024%2C335&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bMZ","jetpack-related-posts":[{"id":111502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/neu-at-novena-to-open-for-preview-with-units-priced-from-1-35m\/","url_meta":{"origin":45321,"position":0},"title":"NEU at Novena to open for preview with units priced from $1.35m","date":"October 11, 2019","format":false,"excerpt":"\r The prime district 11 development features 87 residential units, ranging from two- to four-bedder apartments. There will also be dual key three-bedroom units for multi-generational families and investors. NEU at Novena, a 17-storey freehold residential development by Roxy-Pacific Holdings, Macly Group and Lim Wen Heng Holdings, will open for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-sites-near-novena-mrt-sold-for-106-million\/","url_meta":{"origin":45321,"position":1},"title":"Two sites near Novena MRT sold for $106 million","date":"May 31, 2018","format":false,"excerpt":"\r The sites have a total area of about 22,198 sq ft and could be redeveloped into a 20-storey apartment. (Photo: Sakal Real Estate Partners) RH Novena, an indirect associated company of property developer Roxy Pacific Holdings, has purchased two adjacent freehold residential sites at 27 Moulmein Rise for $106\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88231,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goldhill-shopping-centre-in-novena-on-sale-for-425m\/","url_meta":{"origin":45321,"position":2},"title":"Goldhill Shopping Centre in Novena on sale for $425m","date":"May 15, 2018","format":false,"excerpt":"\r The asking price works out to a land rate of about $2,597 psf per plot ratio. (Photo: Cushman & Wakefield) Goldhill Shopping Centre in Novena has been put up for en bloc sale with a reserve price of $425 million \u2013 making it this year\u2019s first full commercial collective\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46139,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propertyguru-news-and-views-issue-110\/","url_meta":{"origin":45321,"position":3},"title":"PropertyGuru News and Views Issue 110","date":"February 24, 2017","format":false,"excerpt":"\r Download Issue 110 Now! On 8 March, countries around the world will mark International Women\u2019s Day. On this special day, the focus will be on celebrating the economic, political and social achievements of women. Women have definitely come a long way in the past 100 years. They are no\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/en-bloc-fever-hits-asia-gardens-novena-site-up-for-sale\/","url_meta":{"origin":45321,"position":4},"title":"En bloc fever hits Asia Gardens, Novena site up for sale","date":"March 8, 2018","format":false,"excerpt":"\r \u00a0 Asia Gardens, a freehold residential site in the exclusive Spottiswoode enclave, has been put up for collective sale for $338 million on Wednesday (7 March), according to sole marketing agent Edmund Tie & Company. 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