RPS · Resale Project Scorecard
Iridium — Grade B
RPS score 6.31/10 · D11 · Newton, Novena · 45 units · scored across 7 weighted factors — methodology published.
FH · NOVELTY PROPERTIES PTE LTD · TOP 2009
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 8/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +2.82% — near-median performance within its 2009-era cohort (55th percentile).
4 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.44km). Strong school proximity — a genuine advantage for young families.
45 units — very small project; niche product with thin resale market.
0.56km from Newton Mrt Stn (DT11) — short walk to MRT, good transport convenience.
Rental yield of 3.04% — 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 0.57km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: ST. Joseph's Institution Junior, Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), Farrer PARK Primary School.
The verdict· Scores updated September 2026
Iridium scores 6.31 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 818th of 2,357 resale condos scored in Singapore and 29th of 143 in District 11 (Newton, Novena). Its strongest factors are Tenure (10/10) and Primary School Effect (8/10); its weakest is Project Size (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size.
RPS · Resale Project Scorecard
Recent resale transactions at Iridium
12 months to September 2026 (Oct 2025 – Sep 2026): 1 resale transaction, median $1,979 psf, median price $2.13M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | — | — | — |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | 1 | $1,979 psf | $2.13M |
| 12-month total | 1 | $1,979 psf | $2.13M |
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.
Iridium: frequently asked questions
Answers generated from the scorecard data — RPS rank 818th of 2,357, scores updated September 2026.
- Is Iridium a good buy in 2026?
- Iridium scores 6.31/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 818th of 2,357 Singapore resale condos and 29th of 143 in District 11 (Newton, Novena). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size. 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 Iridium?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 1 resale transaction at Iridium, at a median of $1,979 psf and a median price of $2.13M. Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Iridium from the nearest MRT station?
- Iridium is about 560m from Newton MRT (DT11), scoring 8/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Iridium compare with Adria?
- Adria is the project scored next to Iridium on the District 11 ranking: 6.34 (Grade B) against Iridium's 6.31 (Grade B). Iridium scores higher on Project's Historical Performance (6 vs 5) and Future Transformation (5 vs 4); Adria scores higher on Project Size (3 vs 5).
- Which primary schools are within 1km of Iridium?
- 4 primary schools are within 1km of Iridium: ST. Joseph's Institution Junior, Anglo-Chinese School (Junior), Anglo-Chinese School (Primary), Farrer PARK Primary School. 4 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.44km). Strong school proximity — a genuine advantage for young families. Iridium scores 8/10 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 Iridium, and how big is the project?
- Iridium is freehold, completed in 2009, has 45 units, developed by NOVELTY PROPERTIES PTE LTD. Freehold tenure — no lease decay concerns, preserves long-term value. 45 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 Iridium in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
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