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Nova 48 — recent transacted prices and indicative value

Freehold · 2 addresses

Too little recent data here to publish a reliable figure. 2 recorded sales in the last 24 months; at least 3 are needed to publish a reliable figure. Everything we hold is below.

How has the price at Nova 48 changed?

The median price at Nova 48 has risen 9.8% from S$1,577 psf in Q3 2022 to S$1,730 psf in Q4 2025. This reflects recorded transactions and is not a formal valuation.

How accurate is this estimate for Nova 48?

Too few sales since Q1 2026 to score the estimate here. Three are the minimum, and this project has not had them.

Value a unit here

Starts with this address. Type another address or postal code in this project to value that one.

Primary schools within 1 km of Nova 48

Measured from each school's land to this project's buildings, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km check OneMap's School Query.

What does a unit at Nova 48 rent for?

A typical unit at Nova 48 rents for about S$5,150 a month, the middle of 12 leases of a similar size recorded by URA. That is a gross yield of 3.46% on the indicative value. Indicative, from recorded rents.

What this home earns against what it costs, set beside what homes like it earn.

3.46% gross yield

S$61,800 of rent a year against the estimate above · 0.3 points above flats like it

Leases signed here within a quarter of this size run about S$5,150 a month, the middle of 12 of them.

In the rest of the central region, freehold flats yield 3.16%, from 844 projects. Too few share this home's remaining lease to measure that separately.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 20261200-1300 sqft3Non-landed PropertiesS$6,000
Q3 20261200-1300 sqft3Non-landed PropertiesS$6,000
Q3 20261200-1300 sqft3Non-landed PropertiesS$5,400
Q3 20261000-1100 sqft3Non-landed PropertiesS$5,100
Q3 20261400-1500 sqft3Non-landed PropertiesS$4,650
Q3 2026600-700 sqft1Non-landed PropertiesS$3,300
Q2 20261000-1100 sqft3Non-landed PropertiesS$5,200
Q2 20261000-1100 sqft3Non-landed PropertiesS$5,200

median of 12 URA rental contracts at Nova 48 within a quarter of 93 sqm, since 2025Q4.

More on Nova 48

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What sizes sell at Nova 48?

Nearest projects

Buying or selling here?

Buying: Stamp duty · Cash and CPF needed · How much can I borrow · Monthly repayment.

Selling: Net proceeds from selling.

What has sold at Nova 48 recently?

Recorded sales
DateDetailAreaPricePer area
Oct 2025
Nova 48 · 01-05 · Apartment
861 sqftS$1,490,000S$1,730 psf
Sept 2025
Nova 48 · 06-10 · Apartment
1,152 sqftS$2,080,000S$1,806 psf
Sept 2024
Nova 48 · 01-05 · Apartment
1,098 sqftS$1,900,000S$1,731 psf
Apr 2024
Nova 48 · 01-05 · Apartment
861 sqftS$1,480,000S$1,719 psf
Feb 2024
Nova 48 · 06-10 · Apartment
936 sqftS$1,630,000S$1,741 psf
Oct 2023
Nova 48 · 01-05 · Apartment
1,066 sqftS$1,750,000S$1,642 psf
Sept 2023
Nova 48 · 06-10 · Apartment
936 sqftS$1,600,000S$1,709 psf
Feb 2023
Nova 48 · 06-10 · Apartment
1,066 sqftS$1,810,000S$1,699 psf
Feb 2023
Nova 48 · 11-15 · Apartment
936 sqftS$1,619,800S$1,730 psf
Aug 2022
Nova 48 · 01-05 · Apartment
1,066 sqftS$1,680,000S$1,577 psf

Sale prices as filed in caveats.