RPS · Resale Project Scorecard
M21 Residences — Grade D
RPS score 4.32/10 · D11 · Newton, Novena · 61 units · scored across 7 weighted factors — methodology published.
FH · FORTUNE CAPITAL PTE LTD · TOP 2010
Weak project — significant gaps in multiple factors. Standout strengths: tenure. Key weaknesses: project size, schools.
Factor breakdown
- Project's Historical Performance25% weight
- 5/10
- Primary School Effect20% weight
- 1/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +1.78% — near-median performance within its 2010-era cohort (44th percentile).
School proximity could not be measured — address geocoding incomplete for this development.
61 units — very small project; niche product with thin resale market.
0.61km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.
Rental yield of 2.69% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
No usable coordinates for this project — Future Transformation defaulted to a neutral 3/10 pending geocode fix.
RPSResale Project Scorecard
Scored either side of M21 Residences in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.