Novo Place rent and sale price
D24 / Lim Chu Kang, Tengah
Address 6 Plantation Close Novo Place (U/C) Singapore 699872
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Executive Condominium 504 transactions 99-year leasehold from 2023 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Novo Place
Novo Place is a 99-year leasehold executive condominium in D24 / Lim Chu Kang, Tengah. The page currently tracks 0 rentals and 504 sales. Novo Place is near TENGAH PARK MRT STATION (JE2), about 0.37 km away.
For rent checks, use the district and nearby project pages because project-specific rent benchmarks are not available yet. For sale checks, start with the median sale price of $1,502,000 and median sale PSF of $1,650 psf, then compare floor-band evidence from $1,459,500 to $1,533,000 and PSF from $1,621 psf to $1,703 psf.
- No project-specific rent data is loaded yet, so use nearby projects and district rental comps before judging rent.
- Typical sale price is $1,502,000, with median sale PSF at $1,650 psf and total recorded sale value of $801.5M.
- Rent trend is not available yet. Sale PSF is up 5.1% over the last 3 months.
Novo Place Market Position
How this project compares with the wider D24 market before you read the detailed tables.
Rent vs D24 Building
Rent comparison still building
Project rent or district rent is still too thin for a clean rent-vs-district comparison.
Sale PSF vs D24 -4.6%
Sale PSF near district median
Novo Place's median sale PSF is $1,650 psf versus the D24 median of $1,730 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support Building
Yield comparison still building
Gross yield needs both rent and sale evidence, so this signal will improve when both sides have deeper project records.
Rent stability Limited data
Stability still building
There are not enough recent monthly records to judge rent stability cleanly.
Market activity -95.0%
Activity is lighter
24 recent transactions versus 480 in the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2023 matters most on sale price. Compare Novo Place against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Novo Place Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent No rent data
Is the asking rent fair?
There is no project rent anchor yet. Use similar nearby projects and D district rents first.
Median sale PSF $1,650 psf
Is the purchase price fair?
$1,460,000 to $1,550,000 and $1,600 to $1,700 psf are the first sale checks before adjusting for floor, size, view and condition.
Unit-size anchor Not available
Are similar units renting for more?
Bedroom and floor-area splits are not available yet, so nearby project pages matter more.
Rent stability Limited data
Is rent stable here?
Stability still building. There are not enough recent monthly records to judge rent stability cleanly.
Transaction volume -95.0%
Is activity rising?
Activity is lighter. 24 recent transactions versus 480 in the prior 6-month view.
Run Novo Place numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield Add rent Test gross and net yield against typical rent. Buy vs rent $1.5M Compare ownership cost against renting. Mortgage $1.5M Estimate monthly payment from the sale price. Stamp duty $1,650 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Novo Place Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2023
Property type Executive Condominium
Sales 504 new sale transactions
Total sold value $801.5M
Novo Place Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 0 Not available
Sale transactions 504 Nov 2024 to Apr 2026
Rent trend Not available No rent benchmark
Sale PSF trend 5.1% Last 3 months
Novo Place Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
TENGAH PARK MRT STATION (JE2) 0.37 km away
BUKIT BATOK WEST MRT STATION (JE3) 0.48 km away
CHINESE GARDEN MRT STATION (EW25) 0.9 km away
Schools nearby
BIG HEART STUDENT CARE (PRINCESS ELIZABETH PRIMARY SCHOOL) 0.41 km away
BUKIT BATOK SECONDARY SCHOOL 0.43 km away
JURONG PRIMARY SCHOOL 0.44 km away
PRINCESS ELIZABETH PRIMARY SCHOOL 0.44 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 11.25 km away
FAIRPRICE HUB Daily needs · 7.02 km away
JURONG PARK CONNECTOR Park / green link · 1.09 km away
YUHUA MARKET & HAWKER CENTRE Food centre · 0.72 km away
Novo Place Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent No rent benchmark No rental trend yet
Latest median sale PSF $1,682 psf 504 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Apr 2026 0 - 2 $1,682 psf $1,720,500
Jan 2026 0 - 1 $1,702 psf $1,612,000
Nov 2025 0 - 2 $1,669 psf $1,521,500
Oct 2025 0 - 1 $1,648 psf $1,667,000
Jun 2025 0 - 10 $1,592 psf $1,395,500
May 2025 0 - 8 $1,601 psf $1,395,500
Apr 2025 0 - 17 $1,609 psf $1,418,000
Mar 2025 0 - 29 $1,658 psf $1,456,000
Feb 2025 0 - 17 $1,676 psf $1,507,000
Jan 2025 0 - 11 $1,639 psf $1,437,000
Dec 2024 0 - 144 $1,647 psf $1,469,000
Nov 2024 0 - 262 $1,659 psf $1,570,000
Projects Similar to Novo Place
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2024 Otto Place 0.1 km away 593 transactions
- Median rent
- -
- Median sale PSF
- $1,754 psf
- Median rent
- $6,000
- Median sale PSF
- $1,340 psf
- Median rent
- -
- Median sale PSF
- $2,113 psf
Novo Place Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
No bedroom rental split is available for this project yet.
Novo Place Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
No floor-area rental split is available for this project yet.
Novo Place Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,459,500 $1,621 psf 140
06 to 10 $1,476,000 $1,644 psf 140
11 to 15 $1,507,000 $1,677 psf 140
16 to 20 $1,533,000 $1,703 psf 84
Novo Place Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
No rental rows are available.
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent check
If you are renting
Novo Place does not currently have project-specific rent data loaded. Treat this page as a sale and location reference, then compare rent against similar nearby projects and the wider D24 rental market.
Median rent No rent data
Rentals 0
Rent signal Missing
- Do not anchor rent to a blank project median.
- Use bedroom count, floor area and nearby project pages before accepting an asking rent.
Offer check
If you are buying
Recent sales at Novo Place point to a typical sale price of $1,502,000 and $1,650 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,502,000
Median PSF $1,650 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2023 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Novo Place has 504 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $801.5M
Latest record Apr 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D24 to compare Novo Place against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Novo Place FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Novo Place?
Novo Place does not currently have project-specific rent data loaded, so rent should be checked against nearby project and district rental comps.
What is the typical sale price at Novo Place?
The median sale price for Novo Place is $1,502,000, based on 504 sales on this page.
What is the median sale PSF at Novo Place?
The median sale price per square foot for Novo Place is $1,650 psf. The average sale PSF is $1,654 psf.
Is Novo Place freehold or leasehold?
Novo Place is listed as 99-year leasehold from 2023. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Novo Place located?
Novo Place is located at 6 Plantation Close Novo Place (U/C) Singapore 699872 in D24 / Lim Chu Kang, Tengah.
How current is the Novo Place transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.