Novo Place

504 filed transactions · District 24 · OCR

Median, per square foot
1,650 psf
Observed range
$1,535 — $1,808 psf
S$1,502k median price

99 yrs lease commencing from 2023 · 504 filed transactions

S$1,502k
Median price
504
Filed transactions
17%
Spread, low to high

URA Data Service — PMI_Resi_Transaction · 2021-09 to 2026-09 · accessed 2026-09-10

Median price by month12 months with a sale

Nov '24 · S$1,571kApr '26 · S$1,721k

The transactions behind those figures20 of 504

Nothing modelled — these are the filed sales.

81 sqm · floor 06-10Executive Condominium · New sale · 2026-04
S$1,406,000$1613 psf
108 sqm · floor 06-10Executive Condominium · New sale · 2026-04
S$2,035,000$1751 psf
88 sqm · floor 06-10Executive Condominium · New sale · 2026-01
S$1,612,000$1702 psf
88 sqm · floor 06-10Executive Condominium · New sale · 2025-11
S$1,670,000$1763 psf
81 sqm · floor 01-05Executive Condominium · New sale · 2025-11
S$1,373,000$1575 psf
94 sqm · floor 01-05Executive Condominium · New sale · 2025-10
S$1,667,000$1648 psf
82 sqm · floor 01-05Executive Condominium · New sale · 2025-06
S$1,446,000$1638 psf
82 sqm · floor 01-05Executive Condominium · New sale · 2025-06
S$1,440,000$1631 psf

2 rows arrive from the source with particulars identical to another — same size, price, month and type — and are listed once here with a count. Whether those are separate sales or one sale filed more than once is not something the feed distinguishes, so nothing has been removed and every figure above still counts them all.

Why a range, not one number. Valuation tools routinely disagree by S$15,000–S$80,000 on the same home, because none can see your floor, facing, renovation or lease. The spread above is the real one — the cheapest and dearest psf actually filed here over the period. Where your unit sits inside it depends on the things the data cannot see.
Contains information from HDB Resale Flat Prices (data.gov.sg) accessed on 2026-09-10 from data.gov.sg, made available under the Singapore Open Data Licence v1.0Contains information from URA Data Service — PMI_Resi_Transaction accessed on 2026-09-10, made available under the Singapore Open Data Licence v1.0

What the floor is worth

This project+5%

Floors 16+ against floors 1–5, Novo Place only. Median S$1,702 psf up top from 84 sales, S$1,620 psf low down from 140.

District 24, typical project+6.6%

Middle of 2 projects in District 24 that clear the bar — half fall between +5% and +6.6%. None came out negative in this set.

Every band in District 24, for reference. This pools all buildings in the town, so it carries the estates as well as the storeys — a town whose tall blocks are its newest ones will show a steeper climb than height alone buys. The two figures above are the ones that hold a building constant.

StoreysMedian psfFiled sales
01-05S$1,605503
06-10S$1,612540
11-15S$1,663491
16-20S$1,777204

URA Data Service — PMI_Resi_Transaction · accessed 2026-09-10T21:15:39.110Z. Storey bands are the source's own — no floor number is inferred from them. A premium is a median of filed transactions, not a valuation of any home.

What's around

Straight-line distance from the building — the walk is longer, and how much longer depends on what is in the way.

Nearest station
Chinese Garden
918m
Primary schools within 1km
4
nearest 440m
Primary schools · straight-line distance
  • Jurong Primary School440m
  • Princess Elizabeth Primary School441m
  • Pioneer Primary School755m
  • Yuhua Primary School836m
5 more between 1km and 2km
  • Fuhua Primary School1.4km
  • Dazhong Primary School1.7km
  • Shuqun Primary School1.7km
  • Bukit View Primary School1.9km
  • Lianhua Primary School2.0km
A band is priority, not a place — and this is an indication, not MOE's answer. MOE measures home to school in a straight line, which is what is measured here. But it measures to the school's land boundary and this measures to the school's single registered coordinate, so a large campus reads as further away than MOE would find it. It also measures from the address on your child's registration, not from the block. A school near the line can fall either side of it once MOE measures it, and an oversubscribed school still ballots within a band. For the official category for a specific address, use OneMap's SchoolQuery.
Stations
  • Chinese Garden918m
  • Bukit Batok1.3km
  • Jurong East1.8km
Also nearby
  • Hawker centreJurong East Street 24 Blk 254 (Yuhua Village Market and Food Centre)633m
  • ParkTengah Linear Woods886m
  • Other schoolsBukit Batok Secondary School431m

Coordinates from OneMap, © Singapore Land Authority. Distances are straight-line.
Station exit locations — LTA (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

School addresses — MOE School Directory and Information (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

Hawker centre locations — NEA (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

Park locations — NParks (data.gov.sg), under the Singapore Open Data Licence. Accessed 2026-08-23.

What has sold nearby300m

1project within 300m
$1,724–$1,790the middle half, per sq ft — all from one project
$1,758median of those sales

From 20 filed sales — the 20 most recent at each project, which is all this index keeps. 1 of them is at that limit, so it has sold more than is counted here.

ProjectAwayFiledFloorSizePSF
Otto Place137m2026-0516-2088 sqm$1,926
Otto Place137m2026-0506-1087 sqm$1,774
Otto Place137m2026-0401-05111 sqm$1,669
Otto Place137m2026-0306-1088 sqm$1,704
Otto Place137m2026-0301-05111 sqm$1,684
Otto Place137m2026-0301-0588 sqm$1,724
Otto Place137m2026-0301-0588 sqm$1,740
Otto Place137m2026-0211-1581 sqm$1,758
Otto Place137m2026-0201-05111 sqm$1,705
Otto Place137m2026-0201-0587 sqm$1,728
Otto Place137m2026-0211-1584 sqm$1,742
Otto Place137m2026-0216-2088 sqm$1,870

The 12 most recent are listed, out of 20 in the index at this radius. The floor band is what URA and HDB publish; neither feed carries a unit number.

The afternoon sun, and what is approved in it247°–293°

NESW

Seen from here, the sun sets at 247° (WSW) in December and 293° (WNW) in June — a swing of 47° across the year. A window on one of those bearings takes the low sun for part of the year and none of it for the rest.

Today the sun drops below 15° at 06:04 pm and sets at 07:00 pm, arriving from 273° (W). Above that angle it is over the roof rather than through the window; near the equator the midday sun is almost overhead, which is why this is only ever about the last hour.

Nothing published says which way a unit points — not URA, not HDB. You are the one standing in it, or holding the plan. If the floor plan carries a north arrow, the plan reader will read it off and say so when it cannot.

Nothing with planning permission sits on those bearings within 400m. That is a fact about this radius and these bearings, not a guarantee of a view — an application not yet decided does not appear here, and neither does anything further out.

This does not tell you whether anything is blocked. A shadow needs the height and footprint of every building between you and the sun, and no public dataset here carries them — so none is drawn. What is above is the bearing the sun arrives on, which is astronomy, and what has been permitted along it, which is a filed decision with a reference number. Joining the two is yours. Bearings and distances are straight-line. A decision is permission to build, not a building: some are never started, and heights come from URA’s own wording, which states one about four times in five.

The land under Novo Place

HDB put this parcel out to tender and names Novo Place as what was built on it. Everything below is from that tender: the dates, the winning price, and the number of bids received.

  1. Tender launched23 Dec 2022
  2. Tender closed27 Jun 20239 bids received
  3. Awarded11 Sep 2023Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd.
  4. Winning tenderS$348,500,000S$7,570 per sq m of gross floor area · S$703 per sq ft
Parcel
Tengah E2 Plantation Close
Site area
16,441 sq m
Lease
99 yrs
Plot ratio
2.8
Gross floor area
46,036 sq m
Sold as
EC

What the land cost and what a unit sells for are not two ends of one sum. Between them sit construction over a multi-year build, financing, the development charge, marketing and agent commissions, GST, and the cost of holding unsold units. None of those is published for a named project, so this site does not estimate a developer’s cost or margin and no figure here should be read as one.

Source: HDB — Sites Sold by HDB · tender awarded 11 Sep 2023 · transcribed from HDB’s published tables on 2026-08-31 · prices are nominal and are not adjusted for inflation. HDB names the development on this row as “Novo Place”. This parcel, from tender to today · Every land sale

Where the money actually goes

Drag the sale price. Everything moves.

Cash
Loan
CPF principal
CPF interest
Fees
Sale price · S$1,502,000
Outstanding loan
CPF principal used
Years held
Agent fee %
Sale priceS$1,502,000
Outstanding loanS$180,000
CPF principal refundBack into your CPF, not lostS$150,000
CPF accrued interestCPF OA rate, compounded over 12 yearsS$52,416
Agent fee (2% + GST) and legalS$35,544
Cash in handS$1,084,040
S$202,416 returns to your CPF, not your pocket — still yours, and it can fund the next purchase. The accrued interest alone is S$52,416, and it grows every year you hold. HDB concessionary loan interest is 2.6% p.a.; CPF Ordinary Account accrues at 2.5%.

Look up somewhere else

Any HDB block or private project in Singapore.