Most Singapore homeowners would have heard the saying that property is a hedge against inflation. It sounds straightforward: when the cost of everything goes up, property prices should go up too. There is some truth to this, but the actual relationship is much more interesting. Inflation can support property values over the long term because […]
Property Project Intelligence
NOVA 48
PROME ROAD
810 mNOVENA MRT STATION
0Transactions in latest 12 months
NOVA 48 Market Snapshot
▼ -28.4%
From 24-Month High
Peak: Sep 2025Based on latest 24 months due to no transactions in the latest 12 months
At Low
At 24-Month Low
Low: Oct 2025Based on latest 24 months due to no transactions in the latest 12 months
▲ +11.3%
Vs District Median PSF
Above District 12 medianBased on latest 24 months due to no transactions in the latest 12 months
▲ +3.1%
Vs RCR Median PSF
Above RCR medianBased on latest 24 months due to no transactions in the latest 12 months
0.0%
12M Turnover Rate
0 sales / 48 units
Latest 12-month sales
0
Up to latest imported transaction
Latest transacted price
$1.49M
861 sqft · 1 Oct 2025
Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
NOVA 48 Market Trends
Average Price & Transaction Trend
Monthly average transacted price and sales volume from the first available record since 2017.
Average PriceTransactions
Available history: Aug 2022 to Oct 2025
Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026
NOVA 48 Location & Nearby Amenities
Explore NOVA 48 and nearby amenities. Distances shown are straight-line estimates from the property.
Master Plan 2025 (approved amendments incorporated)
Please click on the zoning type for a description of the use
Railway
Planning Area Boundary
Plot Ratio Boundary
Underground Road / Structure
Maximum Permissible Plot Ratio
Maximum Permissible White Quantum
Minimum Business (B) Plot Ratio
Conservation Area
Nature Reserve
National Park
Monument
NOVA 48 Nearby Amenities
Closest amenities from NOVA 48. Distances are straight-line estimates.
MRT / LRT
- NOVENA MRT STATION810 mNS20North-South Line
- TOA PAYOH MRT STATION830 mNS19North-South Line
- FARRER PARK MRT STATION1.5 kmNE8North East Line
Bus Interchanges
- Toa Payoh Bus Interchange800 mLor 6 Toa Payoh
- Bishan Bus Interchange2.8 kmBishan St 13
- Woodleigh Bus Interchange3.0 kmBidadari Pk Dr
Shopping Malls
- Balestier Plaza130 mBalestier Road
- Shaw Plaza210 mBalestier Road
- Zhongshan Mall400 mAh Hood Road
- HDB Hub760 mLorong 6 Toa Payoh
Primary Schools
- ST. JOSEPH'S INSTITUTION JUNIOR940 mESSEX ROAD
- HONG WEN SCHOOL980 mTOWNER ROAD
- CHIJ PRIMARY (TOA PAYOH)1.2 kmLORONG 1 TOA PAYOH
- KHENG CHENG SCHOOL1.3 kmLORONG 3 TOA PAYOH
- FARRER PARK PRIMARY SCHOOL1.4 kmFARRER PARK ROAD
Secondary Schools
- NORTHLIGHT SCHOOL980 mTOWNER ROAD
- CHIJ SECONDARY (TOA PAYOH)1.1 kmLORONG 1 TOA PAYOH
- BENDEMEER SECONDARY SCHOOL1.2 kmST WILFRED ROAD
- ANGLO-CHINESE SCHOOL (BARKER ROAD)1.6 kmBARKER ROAD
Post-Secondary
- CATHOLIC JUNIOR COLLEGE1.5 kmWHITLEY ROAD
- ST. ANDREW'S JUNIOR COLLEGE1.8 kmSORBY ADAMS DRIVE
- ST. JOSEPH'S INSTITUTION2.3 kmMALCOLM ROAD
MOE Kindergartens
- MOE KINDERGARTEN @ FARRER PARK1.4 kmFARRER PARK ROAD
- MOE KINDERGARTEN @ BENDEMEER1.8 kmBENDEMEER ROAD
- MOE KINDERGARTEN @ FIRST TOA PAYOH1.8 kmLORONG 8 TOA PAYOH
Childcare Centres
- CHILDREN'S COVE PRESCHOOL PTE. LTD.190 mAKYAB ROAD
- MINDCHAMPS PRESCHOOL @ ZHONGSHAN PARK PTE. LTD.380 mAH HOOD ROAD
- LITTLE FOOTPRINTS PRESCHOOL PTE. LTD.480 mBALESTIER ROAD
- MapleBear Playworks Pte.Ltd.590 mBALESTIER ROAD
Infant Care Centres
- PCF Sparkletots Preschool @ Toa Payoh East Blk 261A (EY)1.2 kmTOA PAYOH EAST
- PCF Sparkletots Preschool @ Kolam Ayer Blk 26B (EY)1.5 kmSAINT GEORGE'S LANE
- PCF Sparkletots Preschool @ Toa Payoh East Blk 6 (EY)1.7 kmLORONG 7 TOA PAYOH
- PCF SPARKLETOTS PRESCHOOL @ KOLAM AYER BLK 39 (EY)1.9 kmBENDEMEER ROAD
Kindergartens
- Little Woods Montessori330 mBALESTIER ROAD
- BrainFit School House Pte Ltd380 mAH HOOD ROAD
- MFC KINDERGARTEN1.2 kmNEWTON ROAD
- KHALSA KINDERGARTEN1.3 kmTESSENSOHN ROAD
Hawker Centres
- Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market)560 mWhampoa Drive
- Whampoa Drive Blk 90 (Whampoa Drive Makan Place/Whampoa Food Centre)670 mWhampoa Drive
- Cambridge Road Blk 41A (Pek Kio Market and Food Centre)1.0 kmCambridge Road
Supermarkets
- FairPrice190 mBalestier Road
- Farmer320 m
- FairPrice380 mAh Hood Road
- OVM Super Store420 mBalestier Road
Wet Markets
- Bishan Street 11 Wet Market2.3 kmBishan Street 11
Hospitals
- TTSH Integrated Care Hub380 mTAN TOCK SENG LINK
- REN CI COMMUNITY HOSPITAL460 mIRRAWADDY ROAD
Polyclinics
- Kallang Polyclinic1.4 kmSerangoon Road
- Toa Payoh Polyclinic1.5 kmLorong 8 Toa Payoh
Parks
- TOA PAYOH TOWN PK610 m
- NOVENA RISE PK730 m
- NOVENA PK800 m
Libraries
- Toa Payoh Library950 mToa Payoh Central
- Bishan Library2.7 kmBishan Place
Community Clubs
- Whampoa CC850 mWhampoa Drive
- Toa Payoh Central CC (Pendng U/C)1.1 kmToa Payoh Central
Sport Facilities
- Toa Payoh Sport Centre600 mLorong 6 Toa Payoh
- SAFRA CLUBHOUSE (TOA PAYOH)760 mLOR 6 TOA PAYOH
- ActiveSG Gym@Toa Payoh West Community Centre1.2 kmLorong 2 Toa Payoh
Featured Listings
Properties currently available through Homy, with priority given to listings in NOVA 48.
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For Sale 1 / 16 Condo D27
Skies Miltonia, New 3-Storey Penthouses for Sale
$2,600,000
MILTONIA CLOSE99 YearsBuilt 2016
- 3 Bed
- 4 Bath
- 2,562 ft²
- $1,015 psf
For Sale 1 / 21 Condo D6
EDEN RESIDENCES CAPITOL – Luxury 3 Bedroom Developer sale
$11,980,000
STAMFORD ROAD99 YearsBuilt 2015
- 3 Bed
- 5 Bath
- 3,003 ft²
- $3,989 psf
For Sale 1 / 29 Condo D1
V on Shenton Luxury Penthouse for Sale
$18,800,000
SHENTON WAY99 Years
- 4 Bed
- 7 Bath
- 6,200 ft²
- $3,032 psf
For Sale 1 / 9 Landed D28
Belgravia Ace, Brand New Freehold Semi-D for Sale
$5,300,000
BELGRAVIA DRIVEFreeholdBuilt 2028
- 5 Bed
- 4 Bath
- 4,370 ft²
- $1,213 psf
NOVA 48 Market Position & Nearby Transactions
How NOVA 48 compares with District 12 projects and transactions recorded within 1 km over the latest 12 months.
District 12 Median PSF$1,588Median of district projects with recorded sales
Nearby Median PSF$1,567Comparable projects within 1 km
Nearby 12M Sales47Across nearby developments
Comparable Projects20Located within 1 km
Position Within District 12
Insufficient recent project sales
A reliable project-level ranking is not shown because this development has no usable transactions in the latest 12-month period. Use the nearby comparable table for current market context.
District 12 median$1,588 psf
District reference range$1,291 – $1,974 psf
Comparable Condos Within 1 km
Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.
| Project | Distance | TOP / Age | Units | 12M Sales | PSF (M) |
|---|---|---|---|---|---|
| NOVA 88 | 61 m | 201412 yrs old | 88 | 5 | $1,642 |
| D'IXORAS | 97 m | 201115 yrs old | 22 | 0 | — |
| MINBU COURT | 97 m | 198640 yrs old | — | 1 | $1,363 |
| MANDALE HEIGHTS | 107 m | 200422 yrs old | — | 3 | $1,605 |
| THE AXIS | 109 m | 200917 yrs old | 52 | 9 | $1,785 |
| MANDALAY MANSION | 135 m | — | — | 2 | $1,348 |
| MONARCHY APARTMENTS | 144 m | 199828 yrs old | — | 0 | — |
| BALESTIER PLAZA | 154 m | — | — | 0 | — |
| VA RESIDENCES | 162 m | 201610 yrs old | 52 | 6 | $1,584 |
| PUBLIC MANSION | 164 m | 197452 yrs old | — | 0 | — |
| MINBU VILLA | 166 m | 198145 yrs old | — | 3 | $1,302 |
| MANDALAY TOWERS | 179 m | 197056 yrs old | — | 1 | $1,567 |
| SUMMER GREEN | 179 m | 199630 yrs old | — | 2 | $1,409 |
| BIRCHWOOD MANSIONS | 183 m | 199036 yrs old | 24 | 2 | $1,302 |
| DE PARADISO | 188 m | 200521 yrs old | — | 1 | $1,593 |
| VERTICUS | 192 m | 20242 yrs old | 162 | 10 | $2,319 |
| KINGSLEY MANSIONS | 201 m | — | — | 0 | — |
| KEMAMAN POINT | 204 m | 199333 yrs old | — | 0 | — |
| PAPILLON | 209 m | 200323 yrs old | — | 2 | $1,502 |
| BOON TECK VIEW | 211 m | — | — | 0 | — |
Nearby Transactions by Unit Size
Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.
500–780 sqft Nearby Average Price Trend
500–780 sqft Nearby Transaction Volume
500–780 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-08 | 2 | $1.25M | $815K | $1.68M | $2,006 |
| 2026-07 | 3 | $1.14M | $780K | $1.8M | $1,762 |
| 2026-06 | 1 | $900K | $900K | $900K | $1,442 |
| 2026-05 | 2 | $1.49M | $1.36M | $1.62M | $2,060 |
| 2026-04 | 1 | $980K | $980K | $980K | $1,570 |
| 2025-12 | 2 | $1.63M | $1.4M | $1.85M | $2,226 |
| 2025-11 | 1 | $830K | $830K | $830K | $1,641 |
500–780 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| VA RESIDENCES | Apt | 52 | 5 | $870K | $1,572 |
| VERTICUS | Apt | 162 | 5 | $1.67M | $2,298 |
| MANDALE HEIGHTS | Apt | — | 1 | $780K | $1,367 |
| THE AXIS | Apt | 52 | 1 | $1.36M | $1,805 |
781–1,000 sqft Nearby Average Price Trend
781–1,000 sqft Nearby Transaction Volume
781–1,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-06 | 1 | $2.28M | $2.28M | $2.28M | $2,435 |
| 2026-05 | 1 | $1.47M | $1.47M | $1.47M | $1,791 |
| 2026-04 | 1 | $1.47M | $1.47M | $1.47M | $1,797 |
| 2026-01 | 2 | $1.47M | $1.4M | $1.54M | $1,587 |
781–1,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| THE AXIS | Apt | 52 | 2 | $1.47M | $1,794 |
| NOVA 88 | Apt | 88 | 1 | $1.54M | $1,683 |
| PAPILLON | Apt | — | 1 | $1.4M | $1,490 |
| VERTICUS | Apt | 162 | 1 | $2.28M | $2,435 |
1,201–1,500 sqft Nearby Average Price Trend
1,201–1,500 sqft Nearby Transaction Volume
1,201–1,500 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-08 | 2 | $1.9M | $1.64M | $2.16M | $1,516 |
| 2025-11 | 1 | $1.84M | $1.84M | $1.84M | $1,424 |
1,201–1,500 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| BIRCHWOOD MANSIONS | Apt | 24 | 1 | $1.64M | $1,302 |
| NOVA 88 | Apt | 88 | 1 | $2.16M | $1,730 |
| SUMMER GREEN | Apt | — | 1 | $1.84M | $1,424 |
2,001–3,000 sqft Nearby Average Price Trend
2,001–3,000 sqft Nearby Transaction Volume
2,001–3,000 sqft Monthly Summary
| Month | Sales | Price (A) | Min | Max | PSF (A) |
|---|---|---|---|---|---|
| 2026-03 | 1 | $3.28M | $3.28M | $3.28M | $1,302 |
| 2025-10 | 1 | $4.01M | $4.01M | $4.01M | $1,605 |
2,001–3,000 sqft Nearby Condo Summary
| Condo | Type | Units | Sales | Price (A) | PSF (A) |
|---|---|---|---|---|---|
| MANDALE HEIGHTS | Apt | — | 1 | $4.01M | $1,605 |
| MINBU VILLA | Apt | — | 1 | $3.28M | $1,302 |
Market Interpretation
NOVA 48 recorded no transactions during the latest 12-month comparison period, so a current project-level price position cannot be established reliably.
Its median PSF is approximately 11.3% above the District 12 project median, indicating a premium relative to the wider district market.
Within 1 km, 20 nearby condominiums were identified; 13 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.
This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.NOVA 48 Project Details
Developer
Roxy Homes Pte Ltd
Property type
Condominium
District
District 12 - Balestier / Toa Payoh
Market segment
Rest of Central Region
Tenure
Freehold
TOP
2012
Total units
48
Postal code
328318
About NOVA 48
NOVA 48 is a condominium in Singapore District 12, completed in 2012 with freehold. NOVENA MRT STATION is approximately 810 m away by straight-line distance. 2 primary schools are located within a 1 km straight-line radius.
Get Property AdviceDisclaimer: The information, charts, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.
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