Nova 48
Transaction and Price

Apartment

4.2

View Project

Address

8 Prome Road, singapore 328316, Balestier / Geylang (D12-14)

Sale price Range

S$ 1,490,000 - S$ 1,880,000

Buy (9 units) Rent (4 units)

Project Details

Developer

Roxy Homes Pte Ltd

Tenure

Freehold

PSF

S$ 1,679 - S$ 1,764

Completion Year

2012

# of Floors

Total Units

Transaction Summary

Type	Transactions	Price
3 room 1066 - 1066 sqft	1	S$1,680,000 - S$1,680,000

Type	Transactions	Price
3 room 1066 - 1066 sqft	1	S$1,680,000 - S$1,680,000

Type	Transactions	Price
3 room 1066 - 1066 sqft	1	S$1,680,000 - S$1,680,000

7 Total Sale Transactions

Type	Transactions	Price
2 room 861 - 861 sqft	2	S$1,120,000 - S$1,130,000
3 room 1238 - 1238 sqft	4	S$1,350,000 - S$1,680,000
4 room 2002 - 2002 sqft	1	S$2,170,000 - S$2,170,000

Type	Transactions	Price
3 room 1100 - 1500 sqft	3	S$3,700 - S$4,600
1 room 600 - 700 sqft	1	S$2,500 - S$2,500

Type	Transactions	Price
3 room 1100 - 1500 sqft	8	S$3,300 - S$4,800
1 room 600 - 700 sqft	2	S$2,500 - S$2,650

Type	Transactions	Price
3 room 1100 - 1500 sqft	18	S$2,800 - S$4,800
1 room 600 - 700 sqft	4	S$2,000 - S$2,650
2 room 800 - 900 sqft	1	S$2,950 - S$2,950

Type	Transactions	Price
2 room 800 - 900 sqft	5	S$2,800 - S$3,200
3 room 1100 - 1500 sqft	39	S$2,700 - S$4,800
1 room 600 - 700 sqft	9	S$2,000 - S$2,650
notInformed room 1000 - 1500 sqft	7	S$2,000 - S$4,000

Type	Transactions	Price
3 room 1100 - 1500 sqft	87	S$2,600 - S$5,200
1 room 600 - 700 sqft	15	S$2,000 - S$3,100
4 room 2000 - 2100 sqft	4	S$5,800 - S$6,000
2 room 800 - 900 sqft	9	S$2,800 - S$3,400
notInformed room 1000 - 1500 sqft	7	S$2,000 - S$4,000

Available Unit

Type	Units
2 room 861 - 861 sqft	1 Units S$4,900 - S$4,900 View Available Units
4 room 1152 - 1152 sqft	1 Units S$5,500 - S$5,500 View Available Units

Type	Units
2 room 861 - 861 sqft	1 Units S$1,490,000 - S$1,490,000 View Available Units
3 room 936 - 1066 sqft	8 Units S$1,620,000 - S$1,880,000 View Available Units

Project Details

Developer

Roxy Homes Pte Ltd

Tenure

Freehold

PSF

S$ 1,679 - S$ 1,764

Completion Year

2012

# of Floors

Total Units

Pricing Insights

Last Transaction Price

S$ 0

0 transactions

notInformed bed

0 - 0 sqft
1 bed

0 - 0 sqft
2 beds

0 - 0 sqft
3 beds

0 - 0 sqft
4 beds

0 - 0 sqft

Aug 2007

#-1-XX

Blk 10

S$ 1.05 M

S$ 959.00 sqft

Apr 2009

#02-XX

Blk 8

S$ 601,000

S$ 915.00 sqft
Mar 2009

#03-XX

Blk 8

S$ 600,000

S$ 914.00 sqft

Oct 2018

#02-XX

Blk 10

S$ 1.12 M

S$ 1,301.00 sqft
Sep 2018

#03-XX

Blk 10

S$ 1.13 M

S$ 1,312.00 sqft
May 2009

#02-XX

Blk 10

S$ 706,020

S$ 820.00 sqft
Apr 2009

#03-XX

Blk 10

S$ 714,630

S$ 830.00 sqft

Aug 2022

#02-XX

Blk 10

S$ 1.68 M

S$ 1,577.00 sqft
Apr 2019

#04-XX

Blk 8

S$ 1.40 M

S$ 1,273.00 sqft
May 2018

#02-XX

Blk 10

S$ 1.35 M

S$ 1,267.00 sqft
Mar 2018

#08-XX

Blk 10

S$ 1.63 M

S$ 1,317.00 sqft
Aug 2017

#10-XX

Blk 10

S$ 1.10 M

S$ 1,175.00 sqft
Aug 2017

#05-XX

Blk 10

S$ 1.28 M

S$ 1,196.00 sqft
Sep 2016

#10-XX

Blk 10

S$ 1.29 M

S$ 1,211.00 sqft
Sep 2016

#09-XX

Blk 10

S$ 1.41 M

S$ 1,224.00 sqft
May 2015

#04-XX

Blk 10

S$ 1.30 M

S$ 1,220.00 sqft
Nov 2014

#03-XX

Blk 10

S$ 1.10 M

S$ 1,175.00 sqft
Apr 2014

#05-XX

Blk 10

S$ 1.49 M

S$ 1,204.00 sqft
Dec 2012

#04-XX

Blk 10

S$ 1.27 M

S$ 1,351.00 sqft
Dec 2012

#07-XX

Blk 10

S$ 1.55 M

S$ 1,252.00 sqft
Jun 2012

#06-XX

Blk 10

S$ 1.50 M

S$ 1,212.00 sqft
Apr 2012

#08-XX

Blk 10

S$ 1.52 M

S$ 1,224.00 sqft
Apr 2012

#08-XX

Blk 10

S$ 1.30 M

S$ 1,215.00 sqft
Mar 2012

#11-XX

Blk 10

S$ 1.30 M

S$ 1,220.00 sqft
Feb 2012

#10-XX

Blk 10

S$ 1.22 M

S$ 1,301.00 sqft
Feb 2012

#09-XX

Blk 10

S$ 1.23 M

S$ 1,313.00 sqft
Dec 2011

#03-XX

Blk 10

S$ 1.31 M

S$ 1,140.00 sqft
Nov 2011

#05-XX

Blk 10

S$ 1.25 M

S$ 1,173.00 sqft
Nov 2011

#08-XX

Blk 10

S$ 1.19 M

S$ 1,271.00 sqft
Sep 2011

#06-XX

Blk 10

S$ 1.32 M

S$ 1,146.00 sqft
Jul 2011

#05-XX

Blk 10

S$ 1.20 M

S$ 1,281.00 sqft
Mar 2011

#04-XX

Blk 8

S$ 1.20 M

S$ 1,093.00 sqft

Mar 2018

#12-XX

Blk 10

S$ 2.17 M

S$ 1,084.00 sqft
Nov 2011

#12-XX

Blk 10

S$ 1.80 M

S$ 995.00 sqft
May 2011

#12-XX

Blk 10

S$ 1.78 M

S$ 889.00 sqft
Mar 2009

#12-XX

Blk 10

S$ 1.27 M

S$ 700.00 sqft
Jan 2009

#12-XX

Blk 10

S$ 1.50 M

S$ 749.00 sqft

1 bed

0 - 0 sqft
3 beds

0 - 0 sqft
2 beds

0 - 0 sqft
4 beds

0 - 0 sqft
notInformed bed

0 - 0 sqft

Dec 2022

#XX-XX

S$ 2,500
May 2022

#XX-XX

S$ 2,650
Dec 2021

#XX-XX

S$ 2,000
May 2021

#XX-XX

S$ 2,000
May 2020

#XX-XX

S$ 2,000
Dec 2019

#XX-XX

S$ 2,000
Jun 2019

#XX-XX

S$ 2,200
Dec 2018

#XX-XX

S$ 2,000
Nov 2018

#XX-XX

S$ 2,100
Jul 2017

#XX-XX

S$ 2,000
Feb 2017

#XX-XX

S$ 2,000
Jul 2016

#XX-XX

S$ 2,200
Feb 2016

#XX-XX

S$ 2,300
Oct 2013

#XX-XX

S$ 3,100
Jun 2013

#XX-XX

S$ 3,100

Nov 2022

#XX-XX

S$ 3,700
Oct 2022

#XX-XX

S$ 4,500
Sep 2022

#XX-XX

S$ 4,600
Jul 2022

#XX-XX

S$ 4,800
May 2022

#XX-XX

S$ 3,850
May 2022

#XX-XX

S$ 4,500
Apr 2022

#XX-XX

S$ 3,500
Apr 2022

#XX-XX

S$ 3,300
Jan 2022

#XX-XX

S$ 3,850
Jan 2022

#XX-XX

S$ 3,100
Nov 2021

#XX-XX

S$ 3,100
Oct 2021

#XX-XX

S$ 3,700
Sep 2021

#XX-XX

S$ 3,500
Sep 2021

#XX-XX

S$ 3,600
Jun 2021

#XX-XX

S$ 3,000
Jun 2021

#XX-XX

S$ 3,200
Mar 2021

#XX-XX

S$ 3,200
Mar 2021

#XX-XX

S$ 2,800
Feb 2021

#XX-XX

S$ 3,500
Jun 2020

#XX-XX

S$ 2,700
May 2020

#XX-XX

S$ 3,500
Apr 2020

#XX-XX

S$ 3,500
Jan 2020

#XX-XX

S$ 3,700
Oct 2019

#XX-XX

S$ 3,600
Sep 2019

#XX-XX

S$ 3,450

Aug 2021

#XX-XX

S$ 2,950
Aug 2019

#XX-XX

S$ 3,200
Oct 2018

#XX-XX

S$ 3,000
Aug 2018

#XX-XX

S$ 3,200
Apr 2018

#XX-XX

S$ 2,800
Aug 2017

#XX-XX

S$ 3,200
Aug 2016

#XX-XX

S$ 3,250
Apr 2016

#XX-XX

S$ 3,000
Aug 2015

#XX-XX

S$ 3,400

Dec 2017

#XX-XX

S$ 5,800
May 2016

#XX-XX

S$ 6,000
May 2015

#XX-XX

S$ 6,000
Nov 2013

#XX-XX

S$ 6,000

Jan 2021

#XX-XX

S$ 3,660
Dec 2020

#XX-XX

S$ 2,000
Dec 2020

#XX-XX

S$ 2,700
Dec 2020

#XX-XX

S$ 4,000
Sep 2020

#XX-XX

S$ 3,400
Aug 2020

#XX-XX

S$ 3,200
Aug 2020

#XX-XX

S$ 3,300
Sep 2012

#XX-XX

S$ 4,300
Jun 2012

#XX-XX

S$ 4,100
May 2012

#XX-XX

S$ 3,900
May 2012

#XX-XX

S$ 3,700
Apr 2012

#XX-XX

S$ 4,100
Apr 2012

#XX-XX

S$ 3,500
Apr 2012

#XX-XX

S$ 4,200
Apr 2012

#XX-XX

S$ 4,200
Mar 2012

#XX-XX

S$ 4,300
Mar 2012

#XX-XX

S$ 3,000
Mar 2012

#XX-XX

S$ 4,800
Mar 2012

#XX-XX

S$ 3,500
Mar 2012

#XX-XX

S$ 4,000
Mar 2012

#XX-XX

S$ 3,700
Mar 2012

#XX-XX

S$ 4,000
Feb 2012

#XX-XX

S$ 4,500
Feb 2012

#XX-XX

S$ 5,000

Price Trends

Lowest Price Highest Price

Capital Gain

Capital gain is the profit one earns on the sale of a real estate asset. It results in capital gain when the selling price exceeds its purchase price. Capital loss arises when the purchase price is higher than the selling price.

Duration	Annualised Capital Gain %
3 years	0.75
4 years	1.22
5 years	1.12
6 years	1.21
7 years	1.73
8 years	0.98
9 years	0.69
10 years	0.01
3 years	2.29
4 years	2.44
5 years	2.08
6 years	4.41
7 years	2.75
8 years	2.34
9 years	2.01
10 years	1.40
3 years	1.15
4 years	2.42
5 years	4.38
6 years	3.38
7 years	4.16
8 years	3.29
9 years	2.89
10 years	2.86
3 years	2.59
4 years	4.08
5 years	1.35
6 years	7.40
7 years	4.00
8 years	3.26
9 years	1.97
10 years	1.63

Rental Yield

Lowest Price Highest Price

Summary

Completed in 2012, Nova 48 offers a total of 48 units. Nova 48 shows a promising sale and rental demand where since the completion of project, there have been a total of 14 sale transactions and 122 rental transactions.

For sales transaction, Nova 48 was transacted at historical high of S$ 2,170,000 in MAR 2018 for a 2002 SQFT unit and at historical low of S$ 600,000 in MAR 2009 for a 657 SQFT unit. As for rental transactions, Nova 48 was transacted at historical high of S$ 6,000 in NOV 2013 for a 1900 SQFT unit and historical low of S$ 2,000 in DEC 2019 for a 600 SQFT unit.

Nova 48 Transaction and Price

Project Details

Transaction Summary

Available Unit

Pricing Insights

Summary

Nova 48
Transaction and Price