Park Nova

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

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Sale Price *

Average
S$ 4,673 psf
Range
S$ 4,532 - 4,896 psf

Amenities

4.4
4.4

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. 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 2.7%, PR 5.4%, Foreigner 91.9%, 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. The nearest schools are THE SCHOOL OF MAKE-UP and LUFTHANSA TECHNICAL TRAINING GMBH.

Based on transaction data in the last 12 months, sale prices range from S$ 4,532 psf to S$ 4,896 psf at an average of S$ 4,673 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$ 4,532 psf in Aug 2022 for a 2,207-sqft unit.

Other nearby amenities include: 3 Childcare Centre(s): CHILTERN HOUSE FORUM, MAPLE BEAR EDUCARE PTE. LTD., PAT'S SCHOOLHOUSE PTE LTD, and 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, WONS BUTCHERY PTE. LTD., SWISS BUTCHERY PTE LTD, and 3 Kindergarten(s): Gracefields Kindergarten, Wee Care Kindergarten, Little Hands Montessori Kindergarten, 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"
P******* Z** K**
Google Review     |   23 Oct 2021
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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)

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

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
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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

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Nearby Land Sales

Status
Street NameLocationLand AttributesEstimated Breakeven
-

Listings

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thumb-images
11
$6,292,000

    • 3 beds
    • 2 baths
    • 11.0 Below Valuation
    • Condominium
    • D10
    • Uncompleted
    • Freehold
    • S$ 4,390 psf
    • 18 Tomlinson Road
    Von Chin
    send_enquiry
    thumb-images
    7
    $5,939,000

      • 3 beds
      • 2 baths
      • 16.0 Below Valuation
      • Condominium
      • D10
      • Uncompleted
      • Freehold
      • S$ 4,150 psf
      • 18 Tomlinson Road
      Jane Kriishnaa
      send_enquiry
      thumb-images
      8
      $6,390,000

        • 4 beds
        • 4 baths
        • Condominium
        • D10
        • Uncompleted
        • Freehold
        • S$ 2,200 psf
        • 18 Tomlinson Road
        Agnes Koh Lay Pheng
        send_enquiry
        thumb-images
        10
        View to Offer

          • 3 beds
          • 3 baths
          • Condominium
          • D10
          • Uncompleted
          • Freehold
          • S$ 2,270 psf
          • 18 Tomlinson Road
          Agnes Koh Lay Pheng
          send_enquiry
          thumb-images
          11
          View to Offer

            • 2 beds
            • 2 baths
            • Condominium
            • D10
            • Uncompleted
            • Freehold
            • S$ 4,100 psf
            • 18 Tomlinson Road
            Ken Wee
            send_enquiry
            thumb-images
            11
            View to Offer

              • 4 beds
              • 5 baths
              • Condominium
              • D10
              • Uncompleted
              • Freehold
              • S$ 4,810 psf
              • 18 Tomlinson Road
              Ken Wee
              send_enquiry
              thumb-images
              11
              $6,646,000

                • 3 beds
                • 2 baths
                • 6.0 Below Valuation
                • Condominium
                • D10
                • Uncompleted
                • Freehold
                • S$ 4,640 psf
                • 18 Tomlinson Road
                Cheryl Yeo
                send_enquiry
                thumb-images
                11
                $5,868,000

                  • 3 beds
                  • 3 baths
                  • 15.2 Below Valuation
                  • Condominium
                  • D10
                  • Uncompleted
                  • Freehold
                  • S$ 4,100 psf
                  • 18 Tomlinson Road
                  Ivan Lam
                  send_enquiry
                  thumb-images
                  11
                  View to Offer

                    • 3 beds
                    • 3 baths
                    • Condominium
                    • D10
                    • Uncompleted
                    • Freehold
                    • S$ 4,680 psf
                    • 18 Tomlinson Road
                    Alan Tian
                    send_enquiry
                    thumb-images
                    11
                    $5,868,000

                      • 3 beds
                      • 3 baths
                      • 15.2 Below Valuation
                      • Condominium
                      • D10
                      • Uncompleted
                      • Freehold
                      • S$ 4,100 psf
                      • 18 Tomlinson Road
                      RACHEL XU
                      send_enquiry

                      View More
                      Property News

                      Park Nova at Tomlinson Road to preview on May 1

                      Property News

                      Shun Tak to launch Park Nova – its first luxury residences in Singapore

                      Property News

                      Park Nova to have biophilic design and large-format units

                      Property News

                      Shun Tak’s Pansy Ho to scale up in Singapore

                      Property News

                      Shun Tak’s Pansy Ho to scale up in Singapore

                      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

                      Similiar properties

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