Solid, middle-of-the-pack project. Standout strengths: MRT access, tenure. Key weaknesses: future transformation, project size.

Factor breakdown

Project's Historical Performance25% weight

5/10

Avg Ann. of +3.56% — near-median performance within its 2004-era cohort (46th percentile).

Primary School Effect20% weight

8/10

3 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.16km). Strong school proximity — a genuine advantage for young families.

Project Size16% weight

3/10

92 units — very small project; niche product with thin resale market.

MRT Proximity13% weight

10/10

200m from Novena Mrt Stn (NS20) — direct, walk-in MRT access. Strong commuter appeal.

Rental Yield10% weight

4/10

Rental yield of 3.02% — below-average income return.

Tenure10% weight

10/10

Freehold tenure — no lease decay concerns, preserves long-term value.

Future Transformation6% weight

4/10

Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 0.99km, far enough that the impact on this project is modest.

Primary schools within 1km: ST. Joseph's Institution Junior, Farrer PARK Primary School, Anglo-Chinese School (Primary).

See live Novena Suites listings for sale on PropertyGuru →