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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The verdict· Scores updated September 2026
Hoa Nam Building scores 6.06 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 1041st of 2,357 resale condos scored in Singapore and 38th of 70 in District 8 (Farrer Park, Little India). Its strongest factors are Tenure (10/10) and Primary School Effect (9/10); its weakest is Rental Yield (2/10). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: project size, total returns.
See all 70 scored condos in District 8 (Farrer Park, Little India) →
RPS · Resale Project Scorecard
Recent resale transactions at Hoa Nam Building
12 months to September 2026 (Oct 2025 – Sep 2026): 1 resale transaction, median $1,446 psf, median price $1.23M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,446 psf | $1.23M |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 1 | $1,446 psf | $1.23M |
Aggregates of URA REALIS resale caveats (data to September 2026). A specific unit's value depends on floor, size, facing and condition — for a unit-level read, use the Resale Price Check.
Hoa Nam Building: frequently asked questions
Answers generated from the scorecard data — RPS rank 1041st of 2,357, scores updated September 2026.
- Is Hoa Nam Building a good buy in 2026?
- Hoa Nam Building scores 6.06/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 1041st of 2,357 Singapore resale condos and 38th of 70 in District 8 (Farrer Park, Little India). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: project size, total returns. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Hoa Nam Building?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 1 resale transaction at Hoa Nam Building, at a median of $1,446 psf and a median price of $1.23M. Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Hoa Nam Building from the nearest MRT station?
- Hoa Nam Building is about 350m from Bendemeer MRT (DT23), scoring 9/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Hoa Nam Building compare with 8 Farrer Suites?
- 8 Farrer Suites is the project scored next to Hoa Nam Building on the District 8 ranking: 6.15 (Grade B) against Hoa Nam Building's 6.06 (Grade B). Hoa Nam Building scores higher on Project's Historical Performance (5 vs 4); 8 Farrer Suites scores higher on Rental Yield (2 vs 5).
- Which primary schools are within 1km of Hoa Nam Building?
- 2 primary schools are within 1km of Hoa Nam Building: Farrer PARK Primary School, HONG WEN School. 2 primary schools within 1km (nearest: FARRER PARK PRIMARY SCHOOL at 1.02km). Exceptional school catchment — strong appeal for families with young children. Hoa Nam Building scores 9/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Hoa Nam Building, and how big is the project?
- Hoa Nam Building is freehold, completed in 1983, has 36 units, developed by Unknown. Freehold tenure — no lease decay concerns, preserves long-term value. 36 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
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.
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