Novo Place

Overview

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Sales

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Overview

Unit Info

Sales

Rental

Surrounding

More

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
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Description
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.

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.

Other nearby amenities include: 3 Grocerie(s): PRIME SUPERMARKET LIMITED, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 2 Shopping Mall(s): BUKIT BATOK WEST SHOPPING CENTRE, 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.
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Nearby Amenities
Source: URA,  www.edgeprop.sg
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Within 500m

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Floor Plans
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Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of NOVO PLACE

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Asking Price of NOVO PLACE

Source: URA, https://www.edgeprop.sg

Listed On
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Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

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Rental Transactions of NOVO PLACE

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Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
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Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

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Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
4
$1,290,000

    • 3 beds
    • 2 baths
    • Condominium
    • D22
    • 2028
    • 99 years
    • S$ 1,330 psf
    • Plantation Close
    Lee Jingpei
    send_enquiry
    thumb-images
    4
    $1,650,000

      • 4 beds
      • 3 baths
      • Condominium
      • D22
      • 2028
      • 99 years
      • S$ 1,430 psf
      • Plantation Close
      LIM PUAY SAN PAMELA (LIN PEISHAN PAMELA)
      send_enquiry
      thumb-images
      5
      $1,291,000

        • 3 beds
        • 2 baths
        • Executive Condominium
        • D23
        • 2028
        • 99 years
        • S$ 1,350 psf
        • Plantation Close
        Zong Han Goh
        send_enquiry

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