Novo Place

Novo Place is a leasehold (99 yrs from 2023) executive condominium completed in 2027. It is developed by Hoi Hup Sunway Jurong Pte Ltd. The development occupies a land area of 16,441 sqm and a Gross Floor Area of 46,036 sqm. It consists of 508 units. According to records, buyers of this development are Singaporean 100.0%, PR 0.0%, Foreigner 0.0%, Company 0.0%.

Novo Place is located along Plantation Close in Tengah, in District 24. It is accessible through the nearest MRTs including Chinese Garden EW25 and Bukit Batok NS2.

Based on transaction data in the last 12 months, sale prices range from S$ 1,529 psf to S$ 1,748 psf at an average of S$ 1,655 psf. Its highest recorded transaction was S$ 1,748 psf in Nov 2024 for a 947-sqft unit. Its lowest recorded transaction was S$ 1,529 psf in Nov 2024 for a 872-sqft unit. Other nearby amenities include: 3 Grocerie(s): PRIME SUPERMARKET LIMITED, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 1 Shopping Mall: Le Quest Shopping Mall.

Buyers and tenants are attracted to District 24, which covers Lim Chu Kang and Tengah. This district is bounded by the Johor Straits, the Kranji Reservoir and the Western Water Catchment of Singapore. It is largely untouched, comprising mainly of military training grounds, research centre, agricultural lands, farms, cemeteries and a major columbarium. However, new BTO projects such as Parc Clover @ Tengah and Parc Glen @ Tengah have sprung up in Tengah in recent years, and are popular among young homebuyers. A notable landmark in this district is the Sungei Buloh Nature Park. In 1989, it was designated as a wild bird reserve and nature park for mangrove. A wide array of migratory birds can be observed here during the migratory season.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.