Resale Project Scorecard
Nova 48
D12 · Balestier, Toa Payoh · freehold · completed 2011 · 48 units
Grade A, 7.04 out of 10, the 14th highest score among 116 resale condos in District 12.
How to read this grade. RPS is a relative comparison of seven scored factors, not a valuation, return forecast or buy recommendation.
TRIBE's 2026 back-test found the composite separated later resale returns less clearly than Historical Performance alone, so the grade should be used to open the factor details, not to close a buying decision. Read the evidence →
- Tenure
- Freehold
- Resales, 12 months to Oct 2026
- 0
- To Novena MRT
- 680 m
3D model: block outlines © OpenStreetMap contributors, roof heights from OneMap 3D (SLA)
Nova 48 Score
- A
- Grade
- Score out of 10
- 7.04
- Highest score among 116 resale condos in District 12
- 14th
Strong project with clear strengths. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
Project's Historical Performance25%9/10
Avg Ann. of +3.65% — top-quartile performance within its 2011-era cohort (84th percentile).
The district median is 5/10.
Primary School Effect20%9/10
2 primary schools within 1km (nearest: St. Joseph's Institution Junior at 0.83km). Exceptional school catchment — strong appeal for families with young children.
The district median is 9/10.
- St. Joseph's Institution Junior
- Hong Wen School
Within 1km on OneMap's School Query for at least one block, the measure MOE uses for Primary 1. Check your block's postal code on OneMap School Query →
Project Size16%3/10
48 units — very small project; niche product with thin resale market.
The district median is 3/10.
MRT Proximity13%7/10
680 m from Novena MRT (NS20) — short walk to MRT, good transport convenience.
The district median is 7/10.
Rental Yield10%4/10
Rental yield of 2.98% — below-average income return.
The district median is 4/10.
Tenure10%10/10
Freehold tenure — no lease decay concerns, preserves long-term value.
The district median is 10/10.
Future Transformation6%3/10
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.82km, far enough that the impact on this project is modest.
The district median is 3/10.
Scores updated October 2026. On the map →
Why Nova 48 scores 7.04
Nova 48 scores 7.04 out of 10 on the TRIBE Resale Project Scorecard, Grade A, ranking 371st of 2,350 resale condos scored in Singapore and 14th of 116 in District 12 (Balestier, Toa Payoh). Its strongest factors are Tenure (10/10) and Project's Historical Performance (9/10); its weakest is Future Transformation (3/10).
| Factor | This condoNova 48 | DistrictDistrict median | EffectEffect on score | Scores above |
|---|---|---|---|---|
| Project's Historical Performance25% | 9/10 | 5/10 | +1.00 | 92% of district |
| Primary School Effect20% | 9/10 | 9/10 | ±0.00 | 37% of district |
| Project Size16% | 3/10 | 3/10 | ±0.00 | 0% of district |
| MRT Proximity13% | 7/10 | 7/10 | ±0.00 | 23% of district |
| Rental Yield10% | 4/10 | 4/10 | ±0.00 | 36% of district |
| Tenure10% | 10/10 | 10/10 | ±0.00 | 5% of district |
| Future Transformation6% | 3/10 | 3/10 | ±0.00 | 30% of district |
Medians are across the 116 scored resale projects in District 12 (Balestier, Toa Payoh). “Effect on score” is the factor's weighted difference from that median, so the column sums (to within rounding) to the gap between Nova 48 and a median-profile project (6.02). “Scores above” is the share of those projects this one out-scores on the factor. Weights and bands are on the methodology page.
Nova 48 Prices
No resale at Nova 48 in the 12 months to October 2026.
Past transactions at Nova 48
10 resales, Nov 2021 to Oct 2026 · median $1,725 psf · $1,480,000 to $2,080,000 · all 10 sold at a profit
| Sale | ||||||||
|---|---|---|---|---|---|---|---|---|
| 13 Oct 2025 | 10 Prome Road | 3 | #03-03032BR · Blk 10 | 2BR | 861 | $1,730 | $1,490,000 | Resale |
| 23 Sep 2025 | 10 Prome Road | 6 | #06-06063BR · Blk 10 | 3BR | 1,152 | $1,806 | $2,080,000 | Resale |
| 3 Sep 2024 | 8 Prome Road | 4 | #04-02023BR · Blk 8 | 3BR | 1,098 | $1,731 | $1,900,000 | Resale |
| 17 Apr 2024 | 10 Prome Road | 2 | #02-03032BR · Blk 10 | 2BR | 861 | $1,719 | $1,480,000 | Resale |
| 28 Feb 2024 | 10 Prome Road | 10 | #10-04043BR · Blk 10 | 3BR | 937 | $1,741 | $1,630,000 | Resale |
| 26 Oct 2023 | 10 Prome Road | 3 | #03-05053BR · Blk 10 | 3BR | 1,066 | $1,642 | $1,750,000 | Resale |
| 8 Sep 2023 | 10 Prome Road | 8 | #08-04043BR · Blk 10 | 3BR | 937 | $1,709 | $1,600,000 | Resale |
| 16 Feb 2023 | 10 Prome Road | 11 | #11-04043BR · Blk 10 | 3BR | 937 | $1,730 | $1,619,800 | Resale |
| 10 Feb 2023 | 10 Prome Road | 8 | #08-05053BR · Blk 10 | 3BR | 1,066 | $1,699 | $1,810,000 | Resale |
| 11 Aug 2022 | 10 Prome Road | 2 | #02-05053BR · Blk 10 | 3BR | 1,066 | $1,577 | $1,680,000 | Resale |
Show as a table
| Period | Sales | Median PSF | D12 |
|---|---|---|---|
| Nov 2021 – Jan 2022 | — | — | $1,498 psf |
| Feb–Apr 2022 | — | — | $1,522 psf |
| May–Jul 2022 | — | — | $1,511 psf |
| Aug–Oct 2022 | 1 | — | $1,585 psf |
| Nov 2022 – Jan 2023 | — | — | $1,602 psf |
| Feb–Apr 2023 | 2 | $1,715 psf | $1,595 psf |
| May–Jul 2023 | — | — | $1,652 psf |
| Aug–Oct 2023 | 2 | $1,676 psf | $1,606 psf |
| Nov 2023 – Jan 2024 | — | — | $1,728 psf |
| Feb–Apr 2024 | 2 | $1,730 psf | $1,730 psf |
| May–Jul 2024 | — | — | $1,677 psf |
| Aug–Oct 2024 | 1 | — | $1,678 psf |
| Nov 2024 – Jan 2025 | — | — | $1,699 psf |
| Feb–Apr 2025 | — | — | $1,761 psf |
| May–Jul 2025 | — | — | $1,721 psf |
| Aug–Oct 2025 | 2 | $1,768 psf | $1,709 psf |
| Nov 2025 – Jan 2026 | — | — | $1,757 psf |
| Feb–Apr 2026 | — | — | $1,712 psf |
| May–Jul 2026 | — | — | $1,792 psf |
| Aug–Oct 2026 | — | — | $1,725 psf |
A quarter is plotted from two sales up; the district line from ten.
URA REALIS resale and sub-sale caveats, Nov 2021 to Oct 2026. Check one unit →
Nova 48 Rent
- Median rent a month
- $5,000
- Rental contracts
- 9
| Unit type | Median rent | Most rents | LetsContracts |
|---|---|---|---|
| 3-bedroom | $5,000 | $4,600 to $5,600 | 9 |
Rental contracts at Nova 48
12 contracts, Sep 2025 to Aug 2026 · median $4,625 a month · $3,000 to $6,000
| Month | Type | Size | Rent a month |
|---|---|---|---|
| Aug 2026 | 1BR | 600 to 700 sq ft | $3,300 |
| Jul 2026 | 3BR | 1,200 to 1,300 sq ft | $6,000 |
| Apr 2026 | 3BR | 900 to 1,000 sq ft | $4,300 |
| Apr 2026 | 3BR | 1,000 to 1,100 sq ft | $5,000 |
| Apr 2026 | 3BR | 1,000 to 1,100 sq ft | $5,200 |
| Feb 2026 | 1BR | 600 to 700 sq ft | $3,000 |
| Jan 2026 | 3BR | 900 to 1,000 sq ft | $4,400 |
| Nov 2025 | 3BR | 1,000 to 1,100 sq ft | $4,600 |
| Oct 2025 | 3BR | 1,200 to 1,300 sq ft | $5,700 |
| Sep 2025 | 2BR | 800 to 900 sq ft | $3,800 |
URA rental contracts. The table above is the 12 months to August 2026. URA publishes no unit number for a letting.
Nova 48 By stack
- Highest, stack 04
- $1,730 psf
- Lowest, stack 05
- $1,642 psf
- Stacks with 2+ resales
- 3
| Stack | Median PSF | Size | Sold on | Sales |
|---|---|---|---|---|
| 03 | $1,725 psf | 861 sq ft | Levels 2 to 3 | 2 |
| 04 | $1,730 psf | 937 sq ft | Levels 8 to 11 | 3 |
| 05 | $1,642 psf | 1,066 sq ft | Levels 2 to 8 | 3 |
URA REALIS resale caveats, 2022 to Oct 2026. Sun path by facing →
Nova 48 Notes
How these numbers are worked out
- Grade A places Nova 48 in a relative band under the current seven-factor formula. RPS is a relative comparison of seven scored factors, not a valuation, return forecast or buy recommendation. TRIBE's 2026 back-test found the composite separated later resale returns less clearly than Historical Performance alone, so the grade should be used to open the factor details, not to close a buying decision. Two units can still be very different buys: the asking price, stack, floor, facing and condition decide the outcome.
- MRT distance is a straight line on the map; the walking route is longer.
- Prices: aggregates of URA REALIS resale caveats, data to October 2026. A specific unit's value depends on floor, size, facing and condition.
- Past transactions: every resale and sub-sale caveat lodged with URA from Nov 2021 to Oct 2026, newest first; a unit is its storey and stack (#07-18). Typing a unit or a stack lists its sales across the whole span. Profit is the sale price less the seller's own purchase price as the caveats pair them, before stamp duties, fees and loan interest; the gain a year is compounded and shown from one year held. The trend line is the median from two sales up per month, quarter or half-year, the district line from ten. 10Y appears once the dataset runs that far back.
- Rent: aggregates of URA rental contracts, Sep 2025 – Aug 2026, for unit types with three contracts or more; the contract list under the table carries every letting on file, including those with no bedroom count, and URA publishes no unit number for a letting. "Most rents" is the middle half of contracts, shown from five up. No yield is shown: too few resales of these unit types in the last 12 months to divide by.
- By stack: resales from 2022 to Oct 2026, medians per stack. A stack is the last two digits of the unit number, so #05-37 and #08-37 are both stack 37. Stacks with one sale (2 here) are left out, and prices moved over the period, so read a gap between two stacks as a lead to check, not a rule.
- Factor bars: the black mark on each bar is the district median.
- Score: seven weighted factors. Methodology published.
What the score cannot tell you
- RPS scores the project, not a unit. Floor, stack, facing, renovation and the asking price are outside the score.
- Recent price evidence is thin: no resale caveats in the 12 months to October 2026. The Historical Performance factor (9/10) rests on the 10-year record, not on this window.
- Historical Performance is a percentile among projects of similar vintage (completed around 2011, within a year or so, widened when the cohort is small). A high score is strong for its age group, not against the whole market.
- The nearest MRT is Novena MRT (NS20), 680 m in a straight line. The walking route is usually longer, and bus links are not scored.
- Primary School Effect counts the 2 primary schools within 1 km on OneMap's School Query (the school's land boundary to the block's building outline, the measure MOE uses for P1), weighted by recent P1 ballot demand. A school counts when any block is within 1 km, so confirm your own block's postal code before relying on it.
- Scores updated October 2026; transactions to October 2026. Nothing on this page is a valuation or advice on a specific unit.
- Facing decides a unit's morning or afternoon sun, and it varies stack by stack. See the sun path at Nova 48 for any facing, date and time → The hours count direction only; the 3D map draws the shadows of the blocks around it.