RPS · Resale Project Scorecard
Lucida — Grade B
RPS score 5.91/10 · D11 · Newton, Novena · 62 units · scored across 7 weighted factors — methodology published.
FH · NOVELTY ORGANISATION PTE LTD · TOP 2011
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 8/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +1.35% — near-median performance within its 2011-era cohort (42th percentile).
3 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.35km). Strong school proximity — a genuine advantage for young families.
62 units — very small project; niche product with thin resale market.
0.65km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.
Rental yield of 3.00% — 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 0.78km, 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).
RPSResale Project Scorecard
Scored either side of Lucida in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.