RPS · Resale Project Scorecard
Chelsea Grove — Grade A
RPS score 6.66/10 · D12 · Balestier, Toa Payoh · 23 units · scored across 7 weighted factors — methodology published.
FH · MYRIAD FORTE CONSTRUCTION PTE LTD · TOP 2007
Strong project with clear strengths. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 8/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 6/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +4.32% — top-quartile performance within its 2007-era cohort (74th percentile).
2 primary schools within 1km (nearest: HONG WEN SCHOOL at 0.76km). Exceptional school catchment — strong appeal for families with young children.
23 units — very small project; niche product with thin resale market.
0.90km from Novena Mrt Stn (NS20) — moderate MRT proximity; walkable but not doorstep.
Rental yield of 3.13% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.91km, far enough that the impact on this project is modest.
Primary schools within 1km: HONG WEN School, ST. Joseph's Institution Junior.
RPSResale Project Scorecard
Scored either side of Chelsea Grove in Balestier, Toa Payoh
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.