Park Nova

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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  0
 3
 0

Sale Price *

Average
S$ 3,769 psf
Range
S$ 3,213 - 4,642 psf

Amenities

4.1
4.1

Convenience

4.2
4.2

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Park Nova is a freehold apartment completed in 2023. It is developed by SHUN TAK CUSCADEN RESIDENTIAL PTE LTD. The development occupies a land area of 4,365 sqm and a Gross Floor Area of 11,988 sqm. It consists of 54 units. According to records, buyers of this development are Singaporean 11.3%, PR 9.4%, Foreigner 79.2%, Company 0.0%.

PARK NOVA is located along Tomlinson Road in Orchard, in District 10. It is accessible through the nearest MRTs including Orchard Boulevard TE13 and Orchard TE14, NS22.

Based on transaction data in the last 12 months, sale prices range from S$ 3,213 psf to S$ 4,642 psf at an average of S$ 3,769 psf. Its highest recorded transaction was S$ 5,838 psf in May 2021 for a 5,899-sqft unit. Its lowest recorded transaction was S$ 3,213 psf in Sep 2023 for a 1,432-sqft unit. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, WONS BUTCHERY PTE. LTD., SWISS BUTCHERY PTE LTD, and 3 Shopping Mall(s): TUDOR COURT SHOPPING GALLERY, TANGLIN PLACE, TANGLIN ROAD.

Buyers and tenants are attracted to District 10, which is comprised of Tanglin, Farrer Park, Bukit Timah, Holland Village and Ardmore Park. The Tanglin area is largely residential and is home to the Singapore Botanic Gardens. Tanglin is also at the heart of Singapore’s major embassies, ministries and consulates, such as the Ministry of Foreign Affairs and United States Embassy. Holland Village is a favourite expat hang-out, where a hawker centre and numerous trendsetting cafes and bars cater to the expat population's needs. Bukit Timah has one of the biggest clusters of landed properties and high-end condominiums in Singapore, with very few HDBs. There are also many international schools in the neighbourhood, owing to its high expat population. The town is also home to Bukit Timah Hill, Singapore's tallest hill. The Ardmore area is close to many six-star hotels, shopping malls, clubhouses, top international and local schools, attracting many foreign buyers to invest in luxury properties in the neighbourhood.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Ultra-luxury project at $5,000 average psf. In this category, the more exclusive the product, the more desirable it is. Most of the 4 Bedroom units (the largest) are sold now. If the PSF doesn't put you off, the sheer sizes of the units should - 1,432 sqft for the smallest 2 Bedroom unit. Most Singaporeans will likely consider a landed property at these prices, but this is definitely more of a showpiece property more than anything else. Limited facilities on site due to the small land plot - just a 25m lap pool and 1 main dining facility. Views aren't too shabby on the higher floors. Huge psf difference between this and its neighbouring projects so would be interesting to see how this performs in the longer term. 4*s due to the exorbitant prices and lack of facilities but suitably luxurious"
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Google Review     |   23 Oct 2021
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

TransportTransport
SchoolSchool
Eat & ShopEat & Shop
OthersOthers
Floor Plans
18
2
1

PARK NOVA - 18 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of PARK NOVA (Limited to 10)

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Area(sqft)
Bedrooms
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Asking Price of PARK NOVA

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of PARK NOVA

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

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thumb-images
19
$13,388,888

    • 4 beds
    • 5 baths
    • Condominium
    • D9
    • 2023
    • Freehold
    • S$ 4,630 psf
    • ORCHARD BOULEVARD
    Alan Tang
    send_enquiry
    thumb-images
    17
    $9,388,888

      • 3 beds
      • 4 baths
      • 5.3 Below Valuation
      • Condominium
      • D9
      • 2023
      • Freehold
      • S$ 4,250 psf
      • ORCHARD BOULEVARD
      Alan Tang
      send_enquiry
      thumb-images
      4
      $5,800,000

        • 3 beds
        • 2 baths
        • Condominium
        • D10
        • Freehold
        • S$ 4,050 psf
        • Tomlinson Road
        Jeremiah Chua
        send_enquiry
        thumb-images
        10
        $5,868,000

          • 3 beds
          • 2 baths
          • Condominium
          • D10
          • 2023
          • Freehold
          • S$ 4,100 psf
          • Tomlinson Road
          Brenda Zee
          send_enquiry
          thumb-images
          20
          $5,820,000

            • 3 beds
            • 2 baths
            • Condominium
            • S$ 4,060 psf
            • ORCHARD BOULEVARD
            Wendy Tee
            send_enquiry
            thumb-images
            20
            $9,720,000

              • 3 beds
              • 3 baths
              • 0.7 Below Valuation
              • Condominium
              • D10
              • Freehold
              • S$ 4,400 psf
              • TOMLINSON ROAD
              Wendy Tee
              send_enquiry
              thumb-images
              24
              $13,940,000

                • 4 beds
                • 4 baths
                • 1.4 Below Valuation
                • Condominium
                • D10
                • Freehold
                • S$ 4,800 psf
                • TOMLINSON ROAD
                Wendy Tee
                send_enquiry
                thumb-images
                12
                $5,800,000

                  • 2 beds
                  • 2 baths
                  • 15.1 Below Valuation
                  • Apartment
                  • D10
                  • Freehold
                  • S$ 4,050 psf
                  • Tomlinson Road
                  Marjorie Chen
                  send_enquiry

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                  FAQs about PARK NOVA

                  What is the nearest MRT Station to PARK NOVA ?
                  The nearest MRT Station from PARK NOVA is Orchard Boulevard TE13 MRT

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