Nova 48

Apartment · in Novena, District 12, Singapore · Freehold · Completed 2011

Data through 1 August 2026

Nova 48 property photo and location

Intro: 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.

D12RCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.2

Annual Returns

Avg annualized profit (past 1y)

3.6%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Nova 48 project details

Street

Prome Road

Developer

Roxy Homes Pte Ltd

Property Type

Apartment

Completion

2011

Total Units

Plot Ratio

2.8

Unit Size

657 - 2,002 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Nova 48

Novena680 m MRTNS20
Toa Payoh825 m MRTNS19

See details on nearby stations

Primary schools near Nova 48

St. Joseph'S Institution Junior912 m
Anglo-Chinese School (Junior)1,000 m
Anglo-Chinese School (Primary)1,000 m

See details on nearby schools

Nova 48 price, PSF and transaction trends

20%

Sold At Launch

53%

HDB Buyers

$107.0M+

Total Transacted

09-01-2009

First Transacted

13-10-2025

Last Transacted

Total Transactions

Nova 48 transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Nova 48, the median price was S$1,624,900 and the median PSF was S$1,714 psf. The newest record shown is from 13 October 2025. The annual project median was 45.2% higher in 2025 than in 2016; unit mix can affect year-to-year comparisons.

Recent Nova 48 transactions

Date	Sale type	Price	PSF	Size
13 October 2025	Resale	S$1,490,000	S$1,730 psf	861 sqft
23 September 2025	Resale	S$2,080,000	S$1,806 psf	1,152 sqft
3 September 2024	Resale	S$1,900,000	S$1,731 psf	1,098 sqft
17 April 2024	Resale	S$1,480,000	S$1,719 psf	861 sqft
28 February 2024	Resale	S$1,630,000	S$1,741 psf	936 sqft

Nova 48 median transaction PSF (S$)

Nova 48 annual price trend

Year	Median price	Median PSF	Recorded sales
2025	S$1,785,000	S$1,768 psf	2
2024	S$1,630,000	S$1,731 psf	3
2023	S$1,684,900	S$1,704 psf	4
2022	S$1,680,000	S$1,577 psf	1
2019	S$1,398,000	S$1,273 psf	1
2018	S$1,350,000	S$1,301 psf	5
2017	S$1,187,500	S$1,186 psf	2
2016	S$1,350,000	S$1,218 psf	2

97.7%

% Profitable

Profitable

Unprofitable

> 6% Annualized

5.4 yrs

Avg Holding

$15.4M

Total Profits

Nova 48 annualized profit %

View full details

Nova 48 rental prices and estimated yield

Past 1 month

$4.82

Avg PSF Rental

No. of Rentals

3.3%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Nova 48, the median monthly rent was S$4,625, with records ranging from S$3,000 to S$6,000.

Recent Nova 48 rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	1 BR	S$3,300	S$5 psf	600-700
1 July 2026	3 BR	S$6,000	S$5 psf	1200-1300
1 April 2026	3 BR	S$5,200	S$5 psf	1000-1100
1 April 2026	3 BR	S$5,000	S$5 psf	1000-1100
1 April 2026	3 BR	S$4,300	S$5 psf	900-1000

Nova 48 rental volume

View full details

Frequently asked questions about Nova 48

How much do units at Nova 48 cost?

The latest 12 recorded sales show a median price of S$1,624,900 and a median of S$1,714 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Nova 48?

The latest recorded median monthly rent is S$4,625 and the estimated rental yield based on the past six months is 3.3%. Rental yield is indicative and can vary by unit and costs.

Is Nova 48 freehold or leasehold?

Nova 48 has a tenure of Freehold.

When was Nova 48 completed and who developed it?

Nova 48 was completed in 2011, the developer is Roxy Homes Pte Ltd, and the project has 48 units.

Which MRT or LRT station is nearest to Nova 48?

Novena is the nearest station shown, at an estimated straight-line distance of 680 metres.

Which primary schools are near Nova 48?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (912 m), Anglo-Chinese School (Junior) (1,000 m), and Anglo-Chinese School (Primary) (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 August 2026. Figures are indicative and do not constitute financial advice.