RPS · Resale Project Scorecard
Hoa Nam Building — Grade B
RPS score 6.06/10 · D08 · Farrer Park, Little India · 36 units · scored across 7 weighted factors — methodology published.
FH · Unknown · TOP 1983
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: project size, total returns.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 2/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +2.74% — near-median performance within its 1983-era cohort (43th percentile).
2 primary schools within 1km (nearest: FARRER PARK PRIMARY SCHOOL at 1.02km). Exceptional school catchment — strong appeal for families with young children.
36 units — very small project; niche product with thin resale market.
350m from Bendemeer Mrt Stn (DT23) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.49% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 2.44km, far enough that the impact on this project is modest.
Primary schools within 1km: Farrer PARK Primary School, HONG WEN School.
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RPSResale Project Scorecard
Scored either side of Hoa Nam Building in Farrer Park, Little India
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.