PropKaki
FreeholdRCRDistrict 12 (Novena)

Nova 48

Reviewed by Nathan TangUpdated 20 June 2026Data through Oct 2025 (URA)
Quick Summary

Nova 48 is a freehold apartment in District 12 (Novena) that obtained TOP in 2011, with 48 units across 2 blocks. Units have recently transacted around S$1.62M (S$1,709 psf), from 91 sales on record. There are 5 units for sale from S$2.50M to S$3.60M.

1

What are the key facts about Nova 48?

Key Takeaway

Nova 48 is a freehold apartment in District 12 (Novena) that obtained TOP in 2011, with 48 units across 2 blocks.

Tenure
Freehold
TOP / Completion
2011
Developer
ROXY HOMES PTE LTD
Total units
48
Blocks
2
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,709 psf
Last transacted
Oct 2025
Remaining lease
Freehold
2

What is the price and PSF at Nova 48?

Key Takeaway

Units have recently transacted around S$1.62M (S$1,709 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.62M

recent · 91 sales on record

Median PSF

S$1,709 psf

recent transactions

Median rent (monthly)

S$3,663

193 rentals on record

Gross rental yield

2.7%

indicative, gross

Units currently for sale are asking a median of S$1,798 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Oct 2025.

3

What has recently sold at Nova 48?

Key Takeaway

Nova 48 has 91 recorded sales; the most recent transacted at S$1,490,000 in Oct 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2025S$1,490,000861S$1,730 psf
Sept 2025S$2,080,0001,152S$1,806 psf
Sept 2024S$1,900,0001,098S$1,731 psf
Apr 2024S$1,480,000861S$1,719 psf
Feb 2024S$1,630,000936S$1,741 psf
Oct 2023S$1,750,0001,066S$1,642 psf
Sept 2023S$1,600,000936S$1,709 psf
Feb 2023S$1,619,800936S$1,730 psf
Feb 2023S$1,810,0001,066S$1,699 psf
Aug 2022S$1,680,0001,066S$1,577 psf
Apr 2019S$1,398,0001,098S$1,273 psf
Oct 2018S$1,120,000861S$1,301 psf

91 sales and 193 rentals on record since Jan 2009. Source: URA.

4

What bedroom types are available at Nova 48?

Key Takeaway

Nova 48 has 5 units listed for sale, spanning 3–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
3-bedroom2S$2.50M–S$2.50MS$2,277 psf
4-bedroom3S$3.59M–S$3.60MS$1,798 psf
5

Where is Nova 48 and what's nearby?

Key Takeaway

Nova 48 is located in Novena, in the Central Region of Singapore.

Nova 48 is a freehold apartment completed in 2011. It was developed by ROXY HOMES PTE LTD. The development has 48 residential units. It sits on a land area of 1,813 sqm and has a gross floor area of 5,077 sqm. The plot ratio is 2.8.

NOVA 48 is located at 10 Prome Road, Singapore 328316. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Novena MRT, approximately 780m away, around 12 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Gymnasium room, Jacuzzi, Playground, and Sauna.

6

How far is Nova 48 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Nova 48 is Novena MRT, about 780 m away (~12 min walk). 2 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority902 m
  • Northlight SchoolSecondary schoolwithin 1 km991 m
  • Hong Wen SchoolPrimary school1.0 km
  • Chij Secondary (Toa Payoh)Secondary school1.0 km
  • Chij Primary (Toa Payoh)Primary school1.2 km
  • Bendemeer Secondary SchoolSecondary school1.3 km
  • Kheng Cheng SchoolPrimary school1.4 km
  • Farrer Park Primary SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 732 mSupermarket: NTUC Fairprice Co-operative Ltd · 211 mHawker centre: Blks 91/92 Whampoa Drive # · 579 mPark: Toa Payoh Town Pk · 628 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Nova 48 have?

Key Takeaway

Nova 48 has 7 facilities, including Barbeque Area, Covered car park, Gymnasium room, Jacuzzi, and more.

Barbeque AreaCovered car parkGymnasium roomJacuzziPlaygroundSaunaSwimming pool
8

What does it cost to own a unit at Nova 48?

Key Takeaway

Buying a unit at Nova 48 (~S$1.62M) needs about S$11,857/mo in income and S$5,455/mo in repayments, after S$50,590 stamp duty and a S$405k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.62M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$50,590

BSD, tiered

Downpayment (25%)

S$405k

cash + CPF

Monthly instalment

S$5,455/mo

30y @ 3.5%

Income required

S$11,857/mo

TDSR @ stress rate

9

Frequently asked questions about Nova 48

What is the price at Nova 48?

Units at Nova 48 have recently transacted around S$1.62M (S$1,709 psf), from 91 sales on record (URA caveat data).

What is the PSF at Nova 48?

Units for sale at Nova 48 are asking a median of about S$1,798 psf.

Is Nova 48 freehold or leasehold?

Nova 48 is freehold.

When was Nova 48 built?

Nova 48 obtained TOP in 2011, developed by ROXY HOMES PTE LTD.

How many units are for sale at Nova 48?

There are 5 units for sale at Nova 48, from S$2.50M to S$3.60M.

What is the rental yield at Nova 48?

Gross rental yield at Nova 48 is about 2.7%, based on median current rents and prices.

How many units are in Nova 48?

Nova 48 has 48 units across 2 blocks.

What facilities does Nova 48 have?

Nova 48 has 7 facilities, including Barbeque Area, Covered car park, Gymnasium room, Jacuzzi, Playground, Sauna, and more.

What is the nearest MRT to Nova 48?

The nearest MRT/LRT station to Nova 48 is Novena MRT, about 780 m away (~12 min walk).

Which primary schools are within 1 km of Nova 48?

St. Joseph's Institution Junior is within 1 km of Nova 48 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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