Strong project with clear strengths. Standout strengths: tenure, schools. Key weaknesses: project size, total returns.

Factor breakdown

Project's Historical Performance25% weight

8/10

Avg Ann. of +5.19% — top-quartile performance within its 2004-era cohort (76th percentile).

Primary School Effect20% weight

8/10

3 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.18km). Strong school proximity — a genuine advantage for young families.

Project Size16% weight

3/10

24 units — very small project; niche product with thin resale market.

MRT Proximity13% weight

8/10

0.52km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.

Rental Yield10% weight

2/10

Rental yield of 2.37% — weak income return.

Tenure10% weight

10/10

Freehold tenure — no lease decay concerns, preserves long-term value.

Future Transformation6% weight

4/10

Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 0.91km, far enough that the impact on this project is modest.

Primary schools within 1km: ST. Joseph's Institution Junior, Farrer PARK Primary School, Anglo-Chinese School (Junior).

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