RPS · Resale Project Scorecard
The Axis — Grade B
RPS score 6.35/10 · D11 · Newton, Novena · 52 units · scored across 7 weighted factors — methodology published.
FH · Tong Eng Group · TOP 2009
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 6/10
- Rental Yield10% weight
- 6/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +2.79% — near-median performance within its 2009-era cohort (55th percentile).
2 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.91km). Exceptional school catchment — strong appeal for families with young children.
52 units — very small project; niche product with thin resale market.
0.83km from Novena Mrt Stn (NS20) — moderate MRT proximity; walkable but not doorstep.
Rental yield of 3.64% — above-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.98km, far enough that the impact on this project is modest.
Primary schools within 1km: ST. Joseph's Institution Junior, HONG WEN School.
RPSResale Project Scorecard
Scored either side of The Axis in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.