The Serra Residences is a rare freehold condominium by Far East Organization on Bassein Road, in District 11 near Novena. The boutique development holds about 133 units across a one to four bedroom mix, within walking distance of Novena MRT on the North South Line. Freehold tenure this close to the Novena medical and education hub is uncommon, which is the main reason the project draws steady search interest.
The Serra Residences key facts
Detail | Information |
|---|
Project | The Serra Residences |
Developer | Far East Organization |
Tenure | Freehold |
District | District 11 (Newton, Novena) |
Location | Bassein Road |
Units | About 133, Two to Four bedrooms |
Nearest MRT | Novena (North South Line), about a 9-minute walk |
Facilities | 50m lap pool, tennis court, sky garden |
Indicative price | About $2,800 to $3,000 psf and above (market estimate, not yet official) |
Status | Upcoming, preview guided for 3Q 2026 |
Why does freehold near Novena matter?
Most new launches in this part of town are leasehold. A freehold title means owners hold the land in perpetuity, with no lease decay to weigh on long-term value or financing. In an established, supply-tight pocket like Bassein Road, that scarcity is the core of the investment case and the reason a freehold launch here commands a premium over its leasehold neighbours.
Where is The Serra Residences and how connected is it?
The Serra Residences is about a nine minute walk to Novena MRT on the North South Line, two stops from Orchard and a short ride to the central business district. The Novena and Tan Tock Seng medical cluster, United Square, Velocity and the Newton food belt are all close, and drivers reach town through the Central Expressway. Families also have St Joseph's Institution Junior and Hong Wen School within reach.
Unit mix and who The Serra suits
At about 133 units this is a boutique development rather than a mega project. The two to four bedroom mix serves families who want a freehold legacy home in a mature District 11 address, and investors drawn to the steady rental demand from the Novena medical and office cluster. The smaller scale means a more exclusive feel, with the trade-off of a tighter facilities footprint than a larger site.
Pricing
Far East Organization has not released an official price list. Market estimates point to an indicative range of about $2,800 to $3,000 psf and above, in line with freehold launches in the Novena belt. Any figure quoted today is an estimate until the developer publishes the price list.
The honest take
The appeal is straightforward: freehold tenure, a boutique scale, and a walk to Novena MRT in a mature District 11 address. The trade-offs are the smaller facilities footprint and the freehold premium on entry price. For buyers who weigh long-term hold and tenure security over headline size, it is one of the stronger freehold options in the area.
