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1 Moulmein Rise

Moulmein Rise · District 11 · Core Central Region (CCR) · Freehold

1 Moulmein Rise is an apartment development in District 11 (CCR). Based on 10 URA-recorded transactions from 20222026, its median price is $2,684,000, with prices moving about 4.4%/yr.

The verdict · for an investor

1 Moulmein Rise · Apartment · District 11 · Freehold

On balance, 1 Moulmein Rise points up.

Strong track record — the fundamentals buyers pay up for are here.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 6 min on foot; 13 supermarkets, 8 food & retail spots nearby.
  • Rentablesteady rental demand; transport and schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 4-bed +18.8% since 2022.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $2.77M, not an easy first step.

Should I buy?

Worth a look

If you'll hold 5+ years and don't overpay.

Rental yield

no rent record yet

Priced vs nearby

Above 5 of 8

mid-priced for the immediate area.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$2,236/sqft
7 sold here

What 1,238 sqft (4-bed) units go for here

$2.60Mmiddle ~$2.77M$2.93M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 1,238 sqft sales

May 20261,238 sqft · fl 21-25$2.77M$2,236 psf
Jul 20251,238 sqft · fl 21-25$2.85M$2,302 psf
Jun 20251,238 sqft · fl 16-20$2.84M$2,295 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$5.19 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.8% gross yield
Middlingtypical for prime Singapore. The rent offsets some cost, but the returns ride on price growth, not yield. At a typical 75% loan, the rent covers ~67% of the mortgage — you’d top up ~$3,200/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$2.77M

Aim at the middle or below. A patient buyer has been getting closer to $2.67M.

If you’re selling

~$2.89M

List at the top of fair; realistic close is $2.77M–$2.80M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$4.26M
Paper gain+$1.49M

Our blunt read: ~$1.49M over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~4.4%/yr), and past pace never promises the future.

Built from URA transactions for 1 Moulmein Rise — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

1 Moulmein Rise

Core Central Region (CCR) · District 11 · ~$2,236 psf

own price

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For 1 Moulmein Rise, its own prices have been flat lately. Over a 4-year hold, expect modest growth — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$2,236 psf, 1 Moulmein Rise is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~4.4%/yr over ~4 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (1 Moulmein Rise)

Holds prices back

1 Moulmein Rise's own prices have softened — about -3% in the latest year.

Your area vs the rest

Supports prices

The prime districts (CCR) lagged the others since 2004 — more room to catch up.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

Supports prices

Not many new units are being built in this district (~380) — less new supply competing with you.

0.4k units
New launches selling

Supports prices

New launches in this district are selling well — 5 recent ones are around 100% sold, so buyer demand here is healthy right now.

100% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

Holds prices back

Foreign buying has collapsed since the 60% tax — only ~1.4% of buyers now. For the prime market you're looking at, that's a real missing piece of demand.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,236 psf is ~32% below similar nearby projects (~$3,266). good value

(The whole prime average is ~$2,284 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

1 Moulmein Rise has grown ~4.4%/yr over ~4 years. Similar nearby: Pullman Residences Newton 2.2%, Watten House 0.3%, Peak Residence 5%, Soleil @ Sinaran 6% — a 0.36%/yr spread (most around 5%).

market ~4.6%
1 4.4%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Yes, by the time you can sell
Sell earliest (yr 4):at its own ~4.4%/yr, ~$2,656/sqft by year 4 — already past your target.
Likely hits it:about year 4 at its own ~4.4%/yr pace.
Best case:if it ran like its best neighbour (Soleil @ Sinaran, ~6%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$2,684,000

2022–2026 (URA)

Appreciation

4.4%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

1 Moulmein Rise median price per sqft, by year

2022$1,882 psf
2023$1,976 psf+5%
2025$2,299 psf+16.3%
2026$2,236 psf-2.7%

Median PSF of actual URA transactions each year, with year-on-year change.

Does 1 Moulmein Rise fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at 1 Moulmein Rise

Questions people ask about 1 Moulmein Rise

Is 1 Moulmein Rise freehold or leasehold?

1 Moulmein Rise is a freehold development in District 11 (Core Central Region (CCR)). Freehold means there is no lease running down.

How much does 1 Moulmein Rise cost per square foot?

Recent transactions at 1 Moulmein Rise are around $2,236 psf. Across its record, transacted prices range from $2,300,000 to $3,060,000.

Which primary schools are near 1 Moulmein Rise?

Within 1 km (top Primary 1 priority): St. Joseph's Institution Junior (0.21 km), Farrer Park Primary School (0.85 km). Within 1–2 km: Hong Wen School, Anglo-chinese School (primary), Anglo-chinese School (junior). Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest 1 Moulmein Rise?

The nearest MRT is Novena MRT, about 390 m away (straight-line).

Has 1 Moulmein Rise gone up in value?

Across 10 URA-recorded transactions (2022–2026), prices at 1 Moulmein Rise have moved about 4.4% a year on average. That is a past record, not a forecast.

What condos are comparable to 1 Moulmein Rise?

Within a short walk: Soleil @ Sinaran, Cityscape @Farrer Park, Park Infinia At Wee Nam, 26 Newton, Amaryllis Ville. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is 1 Moulmein Rise a good buy?

1 Moulmein Rise sits in Core Central Region (CCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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