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.
The verdict· Scores updated September 2026
Nova 48 scores 7.04 out of 10 on the TRIBE Resale Project Scorecard, Grade A, ranking 331st of 2,357 resale condos scored in Singapore and 13th 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). Strong project with clear strengths. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
See all 116 scored condos in District 12 (Balestier, Toa Payoh) →
RPS · Resale Project Scorecard
Recent resale transactions at Nova 48
12 months to September 2026 (Oct 2025 – Sep 2026): 1 resale transaction, median $1,730 psf, median price $1.49M.
| Period | Transactions | Median PSF | Median price |
|---|---|---|---|
| Oct–Dec 2025 | 1 | $1,730 psf | $1.49M |
| Jan–Mar 2026 | — | — | — |
| Apr–Jun 2026 | — | — | — |
| Jul–Sep 2026 | — | — | — |
| 12-month total | 1 | $1,730 psf | $1.49M |
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.
Nova 48: frequently asked questions
Answers generated from the scorecard data — RPS rank 331st of 2,357, scores updated September 2026.
- Is Nova 48 a good buy in 2026?
- Nova 48 scores 7.04/10 on the TRIBE Resale Project Scorecard (Grade A), which places it 331st of 2,357 Singapore resale condos and 13th of 116 in District 12 (Balestier, Toa Payoh). Strong project with clear strengths. Standout strengths: tenure, schools. Key weaknesses: future transformation, 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 Nova 48?
- In the 12 months to September 2026 (Oct 2025 – Sep 2026), URA REALIS records 1 resale transaction at Nova 48, at a median of $1,730 psf and a median price of $1.49M. Figures are aggregates of caveats lodged with URA; a specific unit's value depends on floor, size, facing and condition.
- How far is Nova 48 from the nearest MRT station?
- Nova 48 is about 780m from Novena MRT (NS20), scoring 7/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Nova 48 compare with Vista Residences?
- Vista Residences is the project scored next to Nova 48 on the District 12 ranking: 7.09 (Grade A) against Nova 48's 7.04 (Grade A). Nova 48 scores higher on Primary School Effect (9 vs 7) and Project's Historical Performance (9 vs 8); Vista Residences scores higher on Project Size (3 vs 8).
- Which primary schools are within 1km of Nova 48?
- 2 primary schools are within 1km of Nova 48: ST. Joseph's Institution Junior, HONG WEN School. 2 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.90km). Exceptional school catchment — strong appeal for families with young children. Nova 48 scores 9/10 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 Nova 48, and how big is the project?
- Nova 48 is freehold, completed in 2011, has 48 units, developed by ROXY HOMES PTE LTD. Freehold tenure — no lease decay concerns, preserves long-term value. 48 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 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.
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