The Spinnaker
The Spinnaker is a freehold apartment development in District 11 (Novena / Newton / Thomson). It has 6 recorded private transactions. Latest sale: $2,600,000 (Jul 2025, 128 sqm, floors 06-10). Median $1,704/sqft. Prices up 12.5% over the period.
Where The Spinnaker ranks in District 11
All 102 projects ›Median psf over time
Estimate a unit at The Spinnaker
Based on URA transactions for this development. Pick a floor band and unit size.
Freehold development — no lease decay applied. Projection is pure market growth. Past growth does not guarantee future performance. Not financial advice.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 06-10 | $1,732 | 4 |
| 11-15 | $1,656 | 2 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jul 2025 | 06-10 | Resale | 128 sqm | $2,600,000 | $1,887 |
| Mar 2025 | 06-10 | Resale | 122 sqm | $2,380,000 | $1,812 |
| Mar 2022 | 06-10 | Resale | 119 sqm | $2,100,000 | $1,639 |
| Mar 2022 | 11-15 | Resale | 118 sqm | $2,230,000 | $1,756 |
| Dec 2021 | 11-15 | Resale | 212 sqm | $3,550,000 | $1,556 |
| Aug 2021 | 06-10 | Resale | 121 sqm | $2,150,000 | $1,651 |
The Spinnaker is inside the 1 km Primary 1 priority zone for 3 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Private condos and apartments closest to The Spinnaker, with their median resale psf. Useful for comparing what The Spinnaker costs per square foot against nearby developments.
About The Spinnaker
The Spinnaker in District 11 (Novena / Newton / Thomson) is a freehold apartment development in the Core Central Region, a tenure that holds value without lease-decay drag. Its $1,704 psf median sits about 12% below the District 11 median, cheaper than about 81% of projects there. It has a relatively light transaction record, with 6 sales between 2021-08 and 2025-07, ranging from $2,100,000 to $3,550,000. The most recent transaction was a 128 sqm unit (floors 06-10) at $2,600,000 in Jul 2025, and the median is $1,704 psf. Over the data window, prices here are up about 12.5% (about 3% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at The Spinnaker cost?
The most recent transaction at The Spinnaker was $2,600,000 for a 128 sqm unit in 2025-07. The median price is $1,704 per square foot across 6 transactions, ranging from $2,100,000 to $3,550,000. Data sourced from URA.
Is The Spinnaker freehold or leasehold?
The Spinnaker is freehold development, so it is not subject to meaningful lease decay.
What is the price per square foot (psf) at The Spinnaker?
The median price at The Spinnaker is $1,704 psf, with transactions ranging from $1,556 to $1,887 psf. This is based on 6 URA-recorded transactions in District 11.
Have prices at The Spinnaker gone up or down?
Prices at The Spinnaker have increased by approximately 12.5% over the data period (around 3% a year). The median price is currently $1,704 psf, with the most recent sale at $2,600,000 in 2025-07.