NOVA 48
UrbanLens Analysis
At $1,730 PSF, NOVA 48 prices 11% above the District 12 median. Compare that to THE ORIE at $2,723 PSF -- a 36% premium that buyers need to justify. The 10-minute walk to Novena MRT (782m) is workable, though not the kind of proximity that commands a premium on its own.
Prices have essentially flatlined over two years (+1.6%), suggesting a market in equilibrium. 4 transactions over two years is modest; the trend is directional, not definitive. For context, EIGHT RIVERSUITES has gained 12.9% over the same period.
The freehold title is a structural advantage. No lease clock, no financing constraints, and a buyer pool that never narrows with time. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 48-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| THE ORIE | $2,723 | — | 0.0% |
| EIGHT RIVERSUITES | $1,858 | 4.2% | +12.9% |
| GEM RESIDENCES | $1,945 | 3.6% | +8.4% |
| TREVISTA | $1,902 | 2.7% | +16.8% |
| THE ARCADY AT BOON KENG | $2,617 | — | +1.6% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.