RPS · Resale Project Scorecard
Nova 48 — Grade A
RPS score 7.04/10 · D12 · Balestier, Toa Payoh · 48 units · scored across 7 weighted factors — methodology published.
FH · ROXY HOMES PTE LTD · TOP 2011
Strong project with clear strengths. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 9/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 4/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +3.65% — top-quartile performance within its 2011-era cohort (84th percentile).
2 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.90km). Exceptional school catchment — strong appeal for families with young children.
48 units — very small project; niche product with thin resale market.
0.78km from Novena Mrt Stn (NS20) — short walk to MRT, good transport convenience.
Rental yield of 2.98% — 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 1.82km, far enough that the impact on this project is modest.
Primary schools within 1km: ST. Joseph's Institution Junior, HONG WEN School.
RPSResale Project Scorecard
Scored either side of Nova 48 in Balestier, Toa Payoh
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.