RPS · Resale Project Scorecard
Shelford 23 — Grade B
RPS score 6.26/10 · D11 · Newton, Novena · 33 units · scored across 7 weighted factors — methodology published.
FH · HOI HUP SHELFORD REALTY PTE LTD · TOP 2011
Solid, middle-of-the-pack project. Standout strengths: tenure, MRT access. Key weaknesses: total returns, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 7/10
- Primary School Effect20% weight
- 7/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 8/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +2.60% — near-median performance within its 2011-era cohort (64th percentile).
2 primary schools within 1km (nearest: RAFFLES GIRLS' PRIMARY SCHOOL at 0.64km). Strong school proximity — a genuine advantage for young families.
33 units — very small project; niche product with thin resale market.
0.54km from Tan Kah Kee Mrt Stn (DT8) — short walk to MRT, good transport convenience.
Rental yield of 2.74% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Moderate future-catalyst exposure — nearest meaningful driver: Bukit Timah Turf City new housing cluster at 0.47km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: Raffles Girls' Primary School, Nanyang Primary School.
RPSResale Project Scorecard
Scored either side of Shelford 23 in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.