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Nova 48

D12RCRCentralNovena
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

  • Novena680 m · MRTNS20
  • Toa Payoh825 m · MRTNS19
See details on nearby stations

Nearby Primary Schools

  • St. Joseph'S Institution Junior912 m
  • Hong Wen School1,000 m
See details on nearby schools

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

Transaction Volume023462016 · Resale: 220162017 · Resale: 220172018 · Resale: 520182019 · Resale: 120192022 · Resale: 120222023 · Resale: 420232024 · Resale: 320242025 · Resale: 22025
New SaleSub SaleResale
97.7%
% Profitable
42
Profitable
1
Unprofitable
22
> 6% Annualized
5.4 yrs
Avg Holding
$15.4M
Total Profits

Annualized Profit %

Annualized Profit %-2.0%0.0%2.0%4.0%6.0%2016 · Average Annualized Profit: 5.0%20162017 · Average Annualized Profit: -0.7%20172018 · Average Annualized Profit: 3.6%20182019 · Average Annualized Profit: 1.9%20192022 · Average Annualized Profit: 5.3%20222023 · Average Annualized Profit: 3.7%20232024 · Average Annualized Profit: 5.8%20242025 · Average Annualized Profit: 3.6%2025
View full details

Rental

Past 1 month
$4.70
Avg PSF Rental
5
No. of Rentals
3.2%
Est. Rental Yield

Rental Volume

Rental Volume0510152019 · Rentals: 1120192020 · Rentals: 1120202021 · Rentals: 1320212022 · Rentals: 1320222023 · Rentals: 1220232024 · Rentals: 920242025 · Rentals: 1520252026 · Rentals: 52026
View full details
Unit Distribution
TypeUnits%Size
1 BR + Study24.20%657 sqft
2 BR24.20%861 sqft
3 BR2858.30%936 - 1,453 sqft
3 BR + Study1327.10%1,098 - 1,152 sqft
Penthouse36.30%1,346 - 1,948 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
8328316100.0%3.9%
1032831897.6%8.4%
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