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Singapore Property News, Insights and Analysis

Completed 2011

Nova 48

D12 · Balestier / Toa Payoh · 8 Prome Road

A 48-unit freehold apartment in D12, completed in 2011. Developed by Roxy Homes Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
2011
Completed
48
Units
1.0 km
Novena MRT
Nova 48

What brings you to Nova 48?

Buying here? Get a second opinion. The last recorded sale here was $1.49M ($1,730 psf) in Oct 2025. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Nova 48 prices

All sales on record
91
Sales on record
Oct 2025
Latest sale
By bedroom type
Last 3 years
TypeSalesAvg $psfPrice rangeSize
2-Bedroom2 sales$1,724 psf$1.48M – $1.49M861 sq ft
3-Bedroom3 sales$1,759 psf$1.63M – $2.08M936–1,152 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
700–899 sq ft2 sales$1,725 psfAvg $1.49M$1.48M – $1.49M
900–1,099 sq ft2 sales$1,736 psfAvg $1.77M$1.63M – $1.9M
1,100–1,299 sq ft1 sale$1,806 psf$2.08M
Average $psf by year
In 2025, sales here averaged $1,768 psf, 26% below the D12 average of $2,390 psf for private homes (condos, apartments and ECs).
This condoD12 average
Show as a table
YearThis condoD12 average
2025$1,768$2,390
2024$1,730$1,802
2023$1,695$1,627
2022$1,577$1,615
2019$1,273$1,363
2018$1,256$1,505
2017$1,186$1,344
2016$1,218$1,342
2015$1,220$1,289
2014$1,190$1,430
2012$1,261$1,307
2011$1,119$1,241
Sales by year
91 sales since 2009; the busiest year was 2009 with 47. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260000
20250022
20240033
20230044
20220011
20210000
20200000
20190011
20180055
20170022
20160022
20150011
20140022
20130000
20120808
20111809
20100404
2009470047
Sales in the last two years
2 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
13 Oct 2025#03-XX861 sq ft · 2-Bedroom$1.49M$1,730 psfResale
23 Sep 2025#06-XX1,152 sq ft · 3-Bedroom$2.08M$1,806 psfResale
Compared with nearby condos
1-Bedroom units · average price and $psf, last 12 months

Prices by bedroom type are based on matching sales to unit sizes.

Last 12 monthsNo sales in the last 12 months.

Source: URA caveats, Nov 2026.

03 — Rent

Nova 48 rent

Leases starting Sep 2025–Aug 2026
12
Leases
$4,625
Median rent a month

D12 median rent: $3,700 a month; est. gross yield 2.5%.

By bedroom type
TypeLeasesMedian rentMiddle halfD12 median
3-Bedroom9 leases$5,000 median$4,500 – $5,650D12 $4,900
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Unit mix

Nova 48 floor plans by bedroom type

8 layouts, from a 657 sq ft 1-bedroom to a 1,948 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near Nova 48

MRT stations
NS Novena 1.0 km · 12 min walk
NS Toa Payoh 1.4 km · 17 min walk
NE Farrer Park 1.8 km · 21 min walk
NE Boon Keng 2.0 km · 24 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
St. Joseph's Institution Junior 890 m · 14 min walk
Within 2 km
Hong Wen SchoolPopular 1.0 km · 17 min walk
CHIJ Primary (Toa Payoh)Popular 1.2 km · 19 min walk
Kheng Cheng SchoolPopular 1.4 km · 24 min walk
Farrer Park Primary School 1.4 km · 23 min walk
Pei Chun Public SchoolPopular 1.5 km · 24 min walk
Anglo-Chinese School (Primary)Popular 1.7 km · 28 min walk
First Toa Payoh Primary School 1.8 km · 31 min walk
Bendemeer Primary School 1.8 km · 30 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Toa Payoh Town Park 800 m · 10 min
Clinic S Y Lee Clinic 300 m · 4 min
Supermarket FairPrice 390 m · 5 min
Hawker centre Whampoa Drive Makan Place/Whampoa Market 770 m · 9 min
Map of the area around Nova 48, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around Nova 48

Upcoming supply
Dorset Road1.3 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Lorong 1 Toa Payoh1.5 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023
Kitchener Link1.8 km · about 140 units · 0.42 ha Available for application
Peck Hay Road2.1 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

07 — From Stacked

Read more about Nova 48

Source: Stacked Homes editorial

08 — FAQ

Questions about Nova 48

Is Nova 48 freehold?

Yes. Nova 48 is a freehold apartment.

When was Nova 48 completed?

2011.

How many units does Nova 48 have?

48 units, up to 12 storeys.

What sizes are the 3-bedroom units?

936 to 1,453 sq ft across four layouts.

When was the last sale?

Oct 2025. There are 91 sales on record.

How much is the rent at Nova 48?

Leases starting Sep 2025–Aug 2026 had a median rent of $4,625 a month ($5,000 for a 3-bedroom).

What is the nearest MRT station?

Novena (NS), a 12-minute walk (1.0 km). Toa Payoh (NS) is 1.4 km away.

Which primary schools are within 1 km?

St. Joseph's Institution Junior, 890 m away.

Who developed Nova 48?

Roxy Homes Pte Ltd.

Answers generated from the data on this page, Nov 2026