99-yearOCRDistrict 24 (Tengah)

Novo Place

Reviewed by Nathan TangUpdated 24 September 2026Data through Apr 2026 (URA)
Quick Summary

Novo Place is a 99-year executive condominium in District 24 (Tengah) with TOP expected in 2027, with 504 units. Across 504 transactions on record, units have recently transacted around S$1.40M (S$1,592 psf, ~883 sqft). There are 19 units for sale from S$1.30M to S$1.90M. The lease has approximately 96 years remaining.

Key facts about Novo Place
Tenure99-year leasehold from 2023 (≈96 years left)
TOP year2027 (expected)
DeveloperHoi Hup Sunway Jurong Pte Ltd
Units504
District and areaDistrict 24 · Tengah · OCR
Nearest MRTChinese Garden MRT, 877 m (~14 min walk)
Latest median psfS$1,592 psf, last 12 URA caveats to Apr 2026
1

What's for sale and for rent at Novo Place?

Key Takeaway

Novo Place has 19 units listed for sale, asking S$1.30M to S$1.90M (median S$1,530 psf), and 0 units for rent.

For sale

19 listings

S$1.30M – S$1.90M

For rent

0 listings

no asking rents

BedroomsFor saleAsking priceMedian PSF
1-bedroom1S$1.60M–S$1.60M
3-bedroom10S$1.30M–S$1.61MS$1,500 psf
4-bedroom8S$1.58M–S$1.90MS$1,540 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Novo Place?

Key Takeaway

Floor plans for Novo Place aren't in PropKaki's library yet. Across 504 URA caveats, units range from 872 sqft to 1,163 sqft, and the middle half are 872 sqft to 1,012 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom947 sqftS$1.60M
3-bedroom872 sqft to 947 sqftS$1.30M · S$1,500 psf
4-bedroom1,012 sqft to 1,163 sqftS$1.58M · S$1,540 psf

Check the Floor Plan Finder for Novo Place →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Novo Place?

Key Takeaway

Units have recently transacted around S$1.40M (S$1,592 psf) (URA caveat data).

Recent median price

S$1.40M

recent · 504 sales on record

Median PSF

S$1,592 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Units currently for sale are asking a median of S$1,530 psf — about 4% below the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

4

What has recently sold at Novo Place?

Key Takeaway

Novo Place has 504 recorded sales; the most recent transacted at S$2,035,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$2,035,0001,163S$1,751 psf
Apr 2026S$1,406,000872S$1,613 psf
Jan 2026S$1,612,000947S$1,702 psf
Nov 2025S$1,373,000872S$1,575 psf
Nov 2025S$1,670,000947S$1,763 psf
Oct 2025S$1,667,0001,012S$1,648 psf
Jun 2025S$1,383,000872S$1,586 psf
Jun 2025S$1,398,000883S$1,584 psf
Jun 2025S$1,393,000883S$1,578 psf
Jun 2025S$1,383,000872S$1,586 psf
Jun 2025S$1,435,000883S$1,626 psf
Jun 2025S$1,388,000872S$1,592 psf

504 sales and 0 rentals on record since Nov 2024. Source: URA.

5

Are prices at Novo Place rising?

Key Takeaway

The median transacted PSF at Novo Place has risen 3% over the past 2 years (20242026), from S$1,652 psf to S$1,702 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,702 psfS$1.61M3+3.8%
2025S$1,640 psfS$1.45M92-0.7%
2024S$1,652 psfS$1.53M409

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Where is Novo Place and what's nearby?

Key Takeaway

Novo Place is located in Tengah, in the West Region of Singapore.

Novo Place is a 99-year executive condominium completed in 2027. It was developed by HOI HUP SUNWAY JURONG PTE LTD. The development has 504 residential units. It sits on a land area of 16,441 sqm and has a gross floor area of 46,036 sqm.

NOVO PLACE is located at 10 Plantation Close, Singapore 699870. It is part of District 24, Lim Chu Kang / Tengah, Tengah. The project falls within the West Region and the OCR market segment.

The nearest rail connection is Chinese Garden MRT, approximately 877m away, around 14 minutes on foot. Nearby amenities include West Mall for shopping, PRIME SUPERMARKET LIMITED? for groceries, Blk 254 Jurong East Street 24 for food options, and Tengah Linear Woods for greenery and recreation. Facilities in the development include Aircon Facilities, Basement car park, BBQ Pavillion, Car Park, Changing Room, and Children's Pool.

7

How far is Novo Place from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Novo Place is Chinese Garden MRT, about 877 m away (~14 min walk). 8 schools are within 1 km, including 4 primary schools.

Getting around

Schools nearby

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

  • Jurong Primary SchoolPrimary schoolwithin 1 km · P1 priority430 m
  • Bukit Batok Secondary SchoolSecondary schoolwithin 1 km433 m
  • Princess Elizabeth Primary SchoolPrimary schoolwithin 1 km · P1 priority448 m
  • Millennia InstituteCentralised institutewithin 1 km535 m
  • Pioneer Primary SchoolPrimary schoolwithin 1 km · P1 priority773 m
  • Yuhua Primary SchoolPrimary schoolwithin 1 km · P1 priority817 m
  • Crest Secondary SchoolSecondary schoolwithin 1 km897 m
  • Jurongville Secondary SchoolSecondary schoolwithin 1 km938 m

Shops, food & parks

Mall: West Mall · 1.4 kmSupermarket: Prime Supermarket Limited? · 636 mHawker centre: Blk 254 Jurong East Street 24 · 607 mPark: Tengah Linear Woods · 913 m

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

8

Who built Novo Place and how big is the development?

Key Takeaway

Novo Place was developed by Hoi Hup Sunway Jurong Pte Ltd, with 504 units.

Developer
Hoi Hup Sunway Jurong Pte Ltd
Land area
16,441 sqm (176,969 sqft)
Gross floor area
46,036 sqm (495,527 sqft)
9

What facilities does Novo Place have?

Key Takeaway

Novo Place has 26 facilities, including Aircon Facilities, Basement car park, BBQ Pavillion, Car Park, and more.

Aircon FacilitiesBasement car parkBBQ PavillionCar ParkChanging RoomChildren's PoolChildren's PlaygroundClubhouseCo-Working SpaceFitness cornerFunction roomGymnasium roomJacuzziLeisure poolLibraryLift lobbyLandscaped GardenMain entranceMultipurpose CourtPool DeckPlaygroundSauna24 hours securitySpa poolSwimming poolTennis courts
10

What does it cost to own a unit at Novo Place?

Key Takeaway

Buying a unit at Novo Place (~S$1.40M) needs about S$10,234/mo in income and S$4,708/mo in repayments, after S$40,520 stamp duty and a S$350k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.40M) 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$40,520

BSD, tiered

Downpayment (25%)

S$350k

cash + CPF

Monthly instalment

S$4,708/mo

30y @ 3.5%

Income required

S$10,234/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

11

How many property agents are active around Novo Place?

Key Takeaway

1,449 CEA-registered agents closed at least one recorded deal in District 24 — where Novo Place sits — in the last 12 months, across all property types.

Active agents · 12mo

1,449

District 24 · closed ≥1 deal

Deals on record

2,522

all-time · all property types

Source: CEA public transaction records, attributed to District 24 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Novo Place? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Novo Place's own transactions.

PropKaki
Is Novo Place a good buy, and what are units selling for?

Recent units at Novo Place sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
12

Frequently asked questions about Novo Place

Is Novo Place freehold?

No. Novo Place is on a 99-year lease that started in 2023, with about 96 years left.

How old is Novo Place?

Novo Place is still being built. Its completion (TOP) is expected in 2027.

Is Novo Place an EC?

Yes. Novo Place is an executive condominium (EC).

Who is the developer of Novo Place?

Novo Place is being developed by Hoi Hup Sunway Jurong Pte Ltd.

What is the price of a condo at Novo Place?

Units at Novo Place have recently sold for around S$1.40M (S$1,592 psf), the median of the last 12 URA caveats to Apr 2026. The price depends on size, floor and facing. 19 units are listed for sale from S$1.30M to S$1.90M.

Where is Novo Place located?

Novo Place is at 10 Plantation Close, Singapore 699870, in Tengah (District 24). The nearest MRT station is Chinese Garden MRT, about 877 m away.

How many units are there in Novo Place?

Novo Place has 504 units.

How much do I need to earn to buy at Novo Place?

For a unit around S$1.40M as a first home, you'd need roughly S$10,234/mo in income (assessed at the stress-test rate), with repayments near S$4,708/mo after a S$350k (25%) downpayment and S$40,520 Buyer's Stamp Duty.

Are prices at Novo Place going up?

The median price per square foot at Novo Place has risen about 3% between 2024 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Novo Place?

Jurong Primary School, Princess Elizabeth Primary School, Pioneer Primary School, Yuhua Primary School are within 1 km of Novo Place. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.