RPS · Resale Project Scorecard
The Spinnaker — Grade B
RPS score 6.07/10 · D11 · Newton, Novena · 36 units · scored across 7 weighted factors — methodology published.
FH · Palmira Pte Ltd · TOP 1999
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: total returns, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 8/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 7/10
- Rental Yield10% weight
- 3/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 5/10
Avg Ann. of +3.31% — near-median performance within its 1999-era cohort (50th percentile).
4 primary schools within 1km (nearest: ST. JOSEPH'S INSTITUTION JUNIOR at 0.44km). Strong school proximity — a genuine advantage for young families.
36 units — very small project; niche product with thin resale market.
0.70km from Newton Mrt Stn (NS21) — short walk to MRT, good transport convenience.
Rental yield of 2.53% — below-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Moderate future-catalyst exposure — nearest meaningful driver: Newton–Orchard mixed-use precinct at 0.68km. Some forward-looking tailwind, but the impact is more diffuse than for adjacent-zone projects.
Primary schools within 1km: ST. Joseph's Institution Junior, Anglo-Chinese School (Junior), Farrer PARK Primary School, Anglo-Chinese School (Primary).
RPSResale Project Scorecard
Scored either side of The Spinnaker in Newton, Novena
The projects immediately above and below it on the Resale Project Scorecard — the comparison a buyer is usually actually making.