NUOVO
UrbanLens Analysis
NUOVO commands $1,330 PSF -- 23% below what District 20 typically fetches ($1,718 PSF). Yio Chu Kang MRT is 466m away (6-min walk), functional but not a headline selling point. Against JADESCAPE at $2,239 PSF, the 41% discount is worth examining closely.
Prices have surged 20.2% in two years. That is strong performance, though buyers entering now face elevated downside risk. With 11 deals in two years, the pricing data has reasonable statistical weight. For context, THE PANORAMA has gained 8.1% over the same period.
Roughly 74 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.
The 297-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| JADESCAPE | $2,239 | 3.2% | +6.9% |
| BRADDELL VIEW | $1,029 | — | +2.4% |
| THE PANORAMA | $1,994 | 3.0% | +8.1% |
| SKY HABITAT | $1,844 | 2.8% | +6.1% |
| THE GARDENS AT BISHAN | $1,733 | 2.6% | +18.2% |
PSF Trend
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