RPS · Resale Project Scorecard
Novelis @ Novena — Grade D
RPS score 4.03/10 · D11 · Newton, Novena · 24 units · scored across 7 weighted factors — methodology published.
FH · NOVENA CAPITAL PTE LTD · TOP 2008
Weak project — significant gaps in multiple factors. Standout strengths: tenure, MRT access. Key weaknesses: capital appreciation, schools.
Factor breakdown
- Project's Historical Performance25% weight
- 2/10
- Primary School Effect20% weight
- 1/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +0.54% — bottom 18% within its 2008-era cohort. Weak capital appreciation, even when judged against vintage peers.
School proximity could not be measured — address geocoding incomplete for this development.
24 units — very small project; niche product with thin resale market.
310m from Novena Mrt Stn (NS20) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 3.28% — above-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.
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RPSResale Project Scorecard
Scored either side of Novelis @ Novena in Newton, Novena
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