99-yearOCRDistrict 24 (Tengah)

Novo Place

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2026 (URA)
Quick Summary

Novo Place is a 99-year executive condominium in District 24 (Tengah) that obtained TOP in 2027, with 504 units. Across 505 transactions on record, units have recently transacted around S$1.41M (S$1,613 psf, ~883 sqft). There are 19 units for sale from S$1.30M to S$1.80M. The lease has approximately 96 years remaining.

1

What are the key facts about Novo Place?

Key Takeaway

Novo Place is a 99-year executive condominium in District 24 (Tengah) that obtained TOP in 2027, with 504 units.

Tenure
99-year
TOP / Completion
2027
Developer
Hoi Hup Sunway Jurong Pte Ltd
Total units
504
Blocks
District / Area
District 24 (Tengah)
Market segment
OCR
Median PSF
S$1,613 psf
Last transacted
Apr 2026
Remaining lease
≈ 96 years
2

What is the price and PSF at Novo Place?

Key Takeaway

Units have recently transacted around S$1.41M (S$1,613 psf) (URA caveat data).

Recent median price

S$1.41M

recent · 505 sales on record

Median PSF

S$1,613 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$1,562 psf — about 3% below the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

3

What has recently sold at Novo Place?

Key Takeaway

Novo Place has 505 recorded sales; the most recent transacted at S$1,406,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$1,406,000872S$1,613 psf
Apr 2026S$1,406,000872S$1,613 psf
Apr 2026S$2,035,0001,163S$1,751 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

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

4

Are prices at Novo Place rising?

Key Takeaway

The median transacted PSF at Novo Place has fallen 2% over the past 2 years (20242026), from S$1,652 psf to S$1,613 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,613 psfS$1.41M4-1.6%
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.

5

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 24across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Novo Place?

Key Takeaway

Novo Place has 19 units listed for sale, spanning 1–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom1S$1.60M–S$1.60M
3-bedroom11S$1.30M–S$1.60MS$1,688 psf
4-bedroom7S$1.58M–S$1.80MS$1,562 psf
7

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.

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

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.

10

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
11

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

Key Takeaway

Buying a unit at Novo Place (~S$1.41M) needs about S$10,292/mo in income and S$4,735/mo in repayments, after S$40,840 stamp duty and a S$352k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.41M) 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$40,840

BSD, tiered

Downpayment (25%)

S$352k

cash + CPF

Monthly instalment

S$4,735/mo

30y @ 3.5%

Income required

S$10,292/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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

How much does a unit at Novo Place cost?

Units at Novo Place have recently transacted around S$1.41M (S$1,613 psf), from 505 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$1.41M as a first home, you'd need roughly S$10,292/mo in income (assessed at the stress-test rate), with repayments near S$4,735/mo after a S$352k (25%) downpayment and S$40,840 Buyer's Stamp Duty.

Is Novo Place a good investment?

current asking prices sit about 3% below the most recent transacted PSF; median PSF has fallen about 2% since 2024. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Novo Place going up?

The median transacted PSF at Novo Place has fallen about 2% between 2024 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Novo Place freehold or leasehold?

Novo Place is 99-year, with approximately 96 years remaining on the lease.

When was Novo Place built and who developed it?

Novo Place obtained TOP in 2027, developed by Hoi Hup Sunway Jurong Pte Ltd, with 504 units.

How many units are for sale at Novo Place?

There are 19 units for sale at Novo Place, from S$1.30M to S$1.80M.

What is the nearest MRT to Novo Place?

The nearest MRT/LRT station to Novo Place is Chinese Garden MRT, about 877 m away (~14 min walk).

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 qualify for Primary 1 (P1) registration priority.

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