RPS · Resale Project Scorecard
Park Nova — Grade D
RPS score 4.46/10 · D10 · Bukit Timah, Holland, Tanglin · 54 units · scored across 7 weighted factors — methodology published.
FH · Shun Tak Holdings · TOP 2024
Weak project — significant gaps in multiple factors. Standout strengths: tenure, MRT access. Key weaknesses: schools, total returns.
Factor breakdown
- Project's Historical Performance25% weight
- 4/10
- Primary School Effect20% weight
- 2/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 9/10
- Rental Yield10% weight
- 2/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +0.00% — below-median performance vs same-vintage peers (31th percentile of 2024-era cohort).
No primary schools within 1km — school access is limited, particularly for parents prioritising Primary 1 registration.
54 units — very small project; niche product with thin resale market.
270m from Orchard Boulevard Mrt Stn (TE13) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.37% — weak income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.72km, far enough that the impact on this project is modest.
The verdict· Scores updated September 2026
Park Nova scores 4.46 out of 10 on the TRIBE Resale Project Scorecard, Grade D, ranking 2188th of 2,357 resale condos scored in Singapore and 253rd of 308 in District 10 (Bukit Timah, Holland, Tanglin). Its strongest factors are Tenure (10/10) and MRT Proximity (9/10); its weakest is Rental Yield (2/10). Weak project — significant gaps in multiple factors. Standout strengths: tenure, MRT access. Key weaknesses: schools, total returns.
See all 308 scored condos in District 10 (Bukit Timah, Holland, Tanglin) →
RPS · Resale Project Scorecard
Recent resale transactions at Park Nova
URA REALIS records no resale transactions at Park Nova in the 12 months to September 2026. The Historical Performance factor (4/10) is scored on 10-year price performance against same-vintage peers instead.
Park Nova: frequently asked questions
Answers generated from the scorecard data — RPS rank 2188th of 2,357, scores updated September 2026.
- Is Park Nova a good buy in 2026?
- Park Nova scores 4.46/10 on the TRIBE Resale Project Scorecard (Grade D), which places it 2188th of 2,357 Singapore resale condos and 253rd of 308 in District 10 (Bukit Timah, Holland, Tanglin). Weak project — significant gaps in multiple factors. Standout strengths: tenure, MRT access. Key weaknesses: schools, total returns. 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 Park Nova?
- URA REALIS records no resale transactions at Park Nova in the 12 months to September 2026, so there is no recent PSF to quote. RPS scores the project's Historical Performance factor (4/10) on its 10-year resale price performance against same-vintage peers instead.
- How far is Park Nova from the nearest MRT station?
- Park Nova is about 270m from Orchard Boulevard MRT (TE13), scoring 9/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Park Nova compare with Three Balmoral?
- Three Balmoral is the project scored next to Park Nova on the District 10 ranking: 4.47 (Grade D) against Park Nova's 4.46 (Grade D). Park Nova scores higher on Project's Historical Performance (4 vs 1) and MRT Proximity (9 vs 6); Three Balmoral scores higher on Primary School Effect (2 vs 7) and Rental Yield (2 vs 3).
- What is the tenure of Park Nova, and how big is the project?
- Park Nova is freehold, completed in 2024, has 54 units, developed by Shun Tak Holdings. Freehold tenure — no lease decay concerns, preserves long-term value. 54 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 Park Nova in Bukit Timah, Holland, Tanglin
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.
- Three BalmoralD4.47
- Grange ResidencesD4.41
- Sculptura ArdmoreD4.47
- Unit 8D4.41
- The Coterie @ HollandD4.49
- Dynasty GardenD4.40
See all 308 scored projects in Bukit Timah, Holland, Tanglin →
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