We track 504 sales and 0 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the NOVO PLACE dashboard.
- Average sale price: $1,590,284 across 504 transactions
- District 24 PSF ranking: Mid-range (top 75%)
- 99 yrs lease commencing from 2023 · OCR · D24 · 504 units
About NOVO PLACE
NOVO PLACE is a 99 yrs lease commencing from 2023 condominium, located at PLANTATION CLOSE in District 24 (Lim Chu Kang, Tengah) (Outside Central Region), developed by Hoi Hup Sunway Jurong Pte Ltd, comprising 504 residential units, completed in 2024.
With approximately 96 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at NOVO PLACE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 360 | $1,650 psf | $1,476,942 |
| 3 BR | 144 | $1,666 psf | $1,873,639 |
Sales Market Overview
NOVO PLACE has recorded 504 sale transactions with an average transaction price of $1,590,284, ranging from $1,338,000 to $2,039,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2024 | 406 | $1,656 psf | $1,611,310 | — |
| 2025 | 95 | $1,646 psf | $1,497,453 | ↓ 0.6% |
| 2026 | 3 | $1,688 psf | $1,684,333 | ↑ 2.5% |
NOVO PLACE ranks in the top 75% of condos in District 24 by average PSF.
Compared to the OCR average of $1,550 psf, NOVO PLACE trades 6.7% above the segment benchmark.
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Competing Condos in District 24
Side-by-side comparison against the most actively traded condos in District 24 (Lim Chu Kang, Tengah):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| TENGAH GARDEN RESIDENCES | 99 years leasehold | — | $2,103 psf | 857 |
| COPEN GRAND | 99 yrs lease commencing from 2021 | 639 | $1,341 psf | 638 |
| OTTO PLACE | 99 yrs lease commencing from 2024 | 600 | $1,759 psf | 590 |
Location Map
Map shows NOVO PLACE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- NOVO PLACE
- Chinese Garden MRT
- Bukit Batok MRT
- Lianhua Primary School
- Keming Primary School
- Institute of Technical Education (College West)
Nearby MRT Stations
NOVO PLACE is 890m from Chinese Garden MRT (East-West Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Chinese Garden | EW25 | East-West Line | 890m |
| Bukit Batok | NS2 | North-South Line | 1.4 km |
Nearby Schools
There are 17 schools within 2 km of NOVO PLACE, including 7 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Lianhua Primary School | Primary | 130m |
| Keming Primary School | Primary | 340m |
| Institute of Technical Education (College West) | Tertiary | 460m |
| Fuhua Primary School | Primary | 510m |
| Rulang Primary School | Primary | 850m |
| Dunearn Secondary School | Secondary | 880m |
| CHIJ Our Lady of the Nativity | Primary | 890m |
| Huamin Primary School | Primary | 1.0 km |
| Jurongville Secondary School | Secondary | 1.1 km |
| Hillgrove Secondary School | Secondary | 1.2 km |
| Jurong Primary School | Primary | 1.2 km |
| Dazhong Primary School | Primary | 1.3 km |
FAQ
What is the average price for NOVO PLACE?
What is the rental yield for NOVO PLACE?
Is NOVO PLACE 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: 504 transactions 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 NOVO PLACE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.