RPS · Resale Project Scorecard
35 Gilstead — Grade B
RPS score 5.94/10 · D11 · Newton, Novena · 70 units · scored across 7 weighted factors — methodology published.
FH · Selangor Dredging Berhad · TOP 2024
Solid, middle-of-the-pack project. Standout strengths: tenure, MRT access. Key weaknesses: total returns, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 8/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +0.00% — below-median performance vs same-vintage peers (30th percentile of 2024-era cohort).
3 primary schools within 1km (nearest: ANGLO-CHINESE SCHOOL (PRIMARY) at 0.30km). Strong school proximity — a genuine advantage for young families.
70 units — very small project; niche product with thin resale market.
350m from Newton Mrt Stn (DT11) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 3.07% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Moderate future-catalyst exposure — nearest meaningful driver: Newton–Orchard mixed-use precinct at 0.46km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Anglo-Chinese School (Primary), ST. Joseph's Institution Junior, Anglo-Chinese School (Junior).
RPSResale Project Scorecard
Scored either side of 35 Gilstead in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.