Nova 48
REALSCOREⓘ
Profitability rank across Singapore
2.3
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
3.6%
NOVA 48 is a boutique freehold residence in Novena that offers a mix of spacious three-bedroom and penthouse units within walking distance of local amenities and Novena MRT station 🚆.
Good to know: Completed in 2011 with just 48 exclusive units 🏠; Located within 1km of St. Joseph's Institution Junior 🏫; Features a selection of large-format units including 3-bedroom layouts and penthouses.
Practical note: While the location is highly accessible, residents should note that the walk to Novena MRT takes about eleven minutes, so it may suit those who prefer a brisk stroll or quick bus ride 🚌 to the station.
< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Mega
Development
< 10y
Property Age
100%
Profitable
Top 20
Schools
50+
Deals Past Yr
Project Facts
Street
Prome Road
Developer
Roxy Homes Pte Ltd
Property Type
Apartment
Completion
2011
Total Units
48
Plot Ratio
2.8
Unit Size
657 - 2,002 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
32
Nearby Stations
- NovenaNS20
- Toa PayohNS19
Nearby Primary Schools
- St. Joseph'S Institution Junior
- Hong Wen School
Transaction
20%
Sold At Launch
53%
HDB Buyers
$107.0M+
Total Transacted
09-01-2009
First Transacted
13-10-2025
Last Transacted
91
Total Transactions
Transaction Volume
New SaleSub SaleResale
97.7%
% Profitable
42
Profitable
1
Unprofitable
22
> 6% Annualized
5.4 yrs
Avg Holding
$15.4M
Total Profits
Annualized Profit %
Unit Distribution
| Type | Units | % | Size |
|---|---|---|---|
| 1 BR + Study | 2 | 4.20% | 657 sqft |
| 2 BR | 2 | 4.20% | 861 sqft |
| 3 BR | 28 | 58.30% | 936 - 1,453 sqft |
| 3 BR + Study | 13 | 27.10% | 1,098 - 1,152 sqft |
| Penthouse | 3 | 6.30% | 1,346 - 1,948 sqft |
Profitability by Block
| Block | Postal Code | Profitable % | Annualized Profit % |
|---|---|---|---|
| 8 | 328316 | 100.0% | 3.9% |
| 10 | 328318 | 97.6% | 8.4% |
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