Projects
NOVA 48
D12 / Balestier, Toa Payoh, Serangoon
Address 10 PROME ROAD NOVA 48 SINGAPORE 328318
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Apartment, Non-Landed Properties 69 transactions Freehold Updated Jan 2026
Property image pending
Project read
Quick summary about NOVA 48
Nova 48 is a freehold apartment, non-landed properties in D12 / Balestier, Toa Payoh, Serangoon. Nova 48 currently has 59 rental contracts and 10 sale transactions, covering May 2021 to Jan 2026.
- Typical rent is $4,400 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,655,000, with median sale PSF at $1,725 psf and total recorded sale value of $17.0M.
- Rent is down 5.4% over the last 3 months. Sale PSF is up 0.7% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sale records 10 resale transactions
Total sold value $17.0M
Data coverage
URA records on this page start May 2021 and run through Jan 2026.
Rental contracts 59 May 2021 to Jan 2026
Sale transactions 10 Jul 2022 to Sept 2025
Rent trend -5.4% Last 3 months
Sale PSF trend 0.7% Last 3 months
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
NOVENA MRT STATION (NS20) 0.78 km away
TOA PAYOH MRT STATION (NS19) 0.86 km away
FARRER PARK MRT STATION 1.46 km away
Schools nearby
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.31 km away
BENDEMEER SECONDARY SCHOOL 1.32 km away
FARRER PARK PRIMARY SCHOOL 1.42 km away
ANGLO-CHINESE SCHOOL (PRIMARY) 1.67 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.67 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.8 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.53 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.29 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,000 25 rental contracts in view
Latest median sale PSF $1,730 psf 4 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jan 2026 1 $3,000 0 - -
Dec 2025 1 $4,400 0 - -
Oct 2025 1 $4,600 0 - -
Sept 2025 1 $5,700 1 $1,730 psf $1,490,000
Aug 2025 3 $4,650 1 $1,806 psf $2,080,000
Jul 2025 1 $4,600 0 - -
Jun 2025 1 $3,800 0 - -
May 2025 1 $4,500 0 - -
Mar 2025 2 $5,050 0 - -
Feb 2025 1 $4,000 0 - -
Jan 2025 1 $3,000 0 - -
Dec 2024 3 $4,500 0 - -
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2008 TREVISTA 1.5 km away 697 transactions
- Median rent
- $4,500
- Median sale PSF
- $1,687 psf
- Median rent
- $3,500
- Median sale PSF
- $1,678 psf
- Median rent
- $4,600
- Median sale PSF
- $1,945 psf
- Median rent
- $4,200
- Median sale PSF
- $1,858 psf
- Median rent
- $4,500
- Median sale PSF
- $1,593 psf
- Median rent
- $3,800
- Median sale PSF
- $1,874 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,000 $2,814 7
2 bed $3,800 $4,043 7
3 bed $4,500 $4,500 45
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
600 to 700 sqft $3,000 $2,814 7
800 to 900 sqft $3,800 $4,043 7
900 to 1,000 sqft $4,200 $4,123 13
1,000 to 1,100 sqft $4,500 $4,397 15
1,100 to 1,200 sqft $4,600 $4,417 6
1,200 to 1,300 sqft $5,600 $5,244 9
1,400 to 1,500 sqft $4,625 $4,625 2
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,680,000 $1,719 psf 5
06 to 10 $1,720,000 $1,725 psf 4
11 to 15 $1,619,800 $1,730 psf 1
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
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 negotiation
If you are renting
NOVA 48 shows a typical monthly rent of $4,400 across 59 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,400
Rental contracts 59
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at NOVA 48 point to a typical sale price of $1,655,000 and $1,725 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,655,000
Median PSF $1,725 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold 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. NOVA 48 has 10 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $17.0M
Latest update Jan 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 D12 to compare NOVA 48 against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
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.
NOVA 48 FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at NOVA 48?
Based on the URA rental records currently loaded for NOVA 48, the median monthly rent is $4,400 across 59 rental contracts.
What is the typical sale price at NOVA 48?
The median sale price for NOVA 48 is $1,655,000, based on 10 URA sale transactions in the local dataset.
What is the median sale PSF at NOVA 48?
The median sale price per square foot for NOVA 48 is $1,725 psf. The average sale PSF is $1,708 psf.
Is NOVA 48 freehold or leasehold?
NOVA 48 is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is NOVA 48 located?
NOVA 48 is located at 10 PROME ROAD NOVA 48 SINGAPORE 328318 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the NOVA 48 transaction data?
The URA records on this page start from May 2021 and run through Jan 2026. The page is rebuilt after local data refresh runs.