RPS · Resale Project Scorecard
Simon Plaza — Grade B
RPS score 5.91/10 · D19 · Hougang, Punggol, Sengkang · 19 units · scored across 7 weighted factors — methodology published.
FH · Unknown · TOP 1990
Solid, middle-of-the-pack project. Standout strengths: MRT access, tenure. Key weaknesses: total returns, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 8/10
- Primary School Effect20% weight
- 3/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 10/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 4/10
Avg Ann. of +5.38% — top-quartile performance within its 1990-era cohort (76th percentile).
1 primary school within 1km (XINGHUA PRIMARY SCHOOL, 0.76km away). Adequate but narrow school optionality.
19 units — very small project; niche product with thin resale market.
200m from Kovan Mrt Stn (NE13) — direct, walk-in MRT access. Strong commuter appeal.
Rental yield of 2.56% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Hougang MRT CRL interchange (CR8, CRL1) at 1.27km, far enough that the impact on this project is modest.
Primary schools within 1km: Xinghua Primary School.
RPSResale Project Scorecard
Scored either side of Simon Plaza in Hougang, Punggol, Sengkang
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.