We track 23 sales and 53 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the NOUVELLE PARK dashboard.
- Average sale price: $1,834,430 across 23 transactions
- Estimated gross rental yield: 2.4%
- District 19 PSF ranking: Mid-range (top 61%)
- Freehold tenure · OCR · D19 · 108 units
About NOUVELLE PARK
NOUVELLE PARK is a freehold condominium, located at POH HUAT ROAD WEST in District 19 (Punggol, Hougang, Serangoon Gardens) (Outside Central Region), developed by GREENERY PTE LTD, comprising 108 residential units, completed in 1994.
As a freehold property, NOUVELLE PARK does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at NOUVELLE PARK:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 8 | $1,401 psf | $1,587,500 |
| 4 BR | 15 | $1,213 psf | $1,966,126 |
Sales Market Overview
NOUVELLE PARK has recorded 23 sale transactions with an average transaction price of $1,834,430, ranging from $1,350,000 to $2,200,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,102 psf | $1,793,333 | — |
| 2022 | 6 | $1,190 psf | $1,761,667 | ↑ 8.0% |
| 2023 | 3 | $1,305 psf | $1,820,000 | ↑ 9.7% |
| 2024 | 5 | $1,356 psf | $1,842,778 | ↑ 3.9% |
| 2025 | 4 | $1,357 psf | $1,937,000 | ↑ 0.1% |
| 2026 | 2 | $1,419 psf | $1,910,000 | ↑ 4.6% |
NOUVELLE PARK ranks in the top 61% of condos in District 19 by average PSF.
Compared to the OCR average of $1,550 psf, NOUVELLE PARK trades 17.5% below the segment benchmark.
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Rental Market Overview
NOUVELLE PARK has recorded 53 rental transactions with monthly rents averaging $3,639/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 53 | $3,639/mo | $2,400/mo | $4,900/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 10 | $2,755/mo |
| 2022 | 12 | $3,275/mo |
| 2023 | 9 | $4,089/mo |
| 2024 | 9 | $4,056/mo |
| 2025 | 9 | $4,100/mo |
| 2026 | 4 | $3,950/mo |
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Investment Analysis
Based on average rents and sale prices, NOUVELLE PARK delivers an estimated gross rental yield of 2.4%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 19
Side-by-side comparison against the most actively traded condos in District 19 (Punggol, Hougang, Serangoon Gardens):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| CHUAN PARK | 99 yrs lease commencing from 2024 | 916 | $2,596 psf | 868 |
| THE FLORENCE RESIDENCES | 99 yrs lease commencing from 2018 | 1410 | $1,746 psf | 849 |
| RIVERFRONT RESIDENCES | 99 yrs lease commencing from 2018 | 1451 | $1,590 psf | 629 |
| AFFINITY AT SERANGOON | 99 yrs lease commencing from 2018 | 1012 | $1,699 psf | 597 |
| SERANGOON GARDEN ESTATE | Freehold | — | $1,742 psf | 467 |
Location Map
Map shows NOUVELLE PARK (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- NOUVELLE PARK
- Kovan MRT
- Rosyth School
- Yangzheng Primary School
- Xinghua Primary School
Nearby MRT Stations
NOUVELLE PARK is 1.1 km from Kovan MRT (North-East Line).
| Station | Code | Line | Distance |
|---|---|---|---|
| Kovan | NE13 | North-East Line | 1.1 km |
Nearby Schools
There are 21 schools within 2 km of NOUVELLE PARK, including 8 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Rosyth School | Primary | 200m |
| Yangzheng Primary School | Primary | 380m |
| Xinghua Primary School | Primary | 600m |
| Xinmin Primary School | Primary | 660m |
| Xinmin Secondary School | Secondary | 660m |
| Townsville Primary School | Primary | 680m |
| Presbyterian High School | Secondary | 940m |
| Holy Innocents' High School | Secondary | 980m |
| Holy Innocents' Primary School | Primary | 1.0 km |
| Serangoon Secondary School | Secondary | 1.1 km |
| Serangoon Garden Secondary School | Secondary | 1.2 km |
| St. Gabriel's Primary School | Primary | 1.2 km |
FAQ
What is the average price for NOUVELLE PARK?
What is the rental yield for NOUVELLE PARK?
Is NOUVELLE PARK freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 23 transactions analysed
- Rental data: 53 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for NOUVELLE PARK
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