Nuovo

Nuovo is a leasehold (99 yrs from 2001) executive condominium completed in 2004. It is developed by CHESTER PROPERTIES PTE LTD. The development occupies a land area of 13,723 sqm and a Gross Floor Area of 38,423 sqm. It consists of 297 units. According to records, buyers of this development are Singaporean 90.0%, PR 9.6%, Foreigner 0.2%, Company 0.0%.

NUOVO is located along Ang Mo Kio Avenue 9 in Ang Mo Kio, in District 20. It is accessible through the nearest MRTs including Yio Chu Kang NS15 and Lentor TE5.

Based on transaction data in the last 12 months, sale prices range from S$ 1,003 psf to S$ 1,240 psf at an average of S$ 1,124 psf. Its highest recorded transaction was S$ 1,240 psf in Jan 2024 for a 1,119-sqft unit. Its lowest recorded transaction was S$ 307 psf in Apr 2002 for a 2,443-sqft unit. Its current rental yield is at 3.7%.

Buyers and tenants are attracted to District 20, which is comprised of Bishan and Ang Mo Kio. Bishan is home to three prestigious schools, including Raffles Institution, Raffles Girls' School and Catholic High School. It appeals as one of the most expensive HDB towns in Singapore due to its close proximity to the Central Business District and good accessibility via public transportation, with connections to both North-South Line and Circle Line. Bishan is known for its distinguishing sloped roofs found on many of the HDB Blocks. Ang Mo Kio is designated as Singapore's first walking and cycling town as part of the Singapore government's efforts to build a car-lite country. Shopping and dining options are available at AMK Hub, a suburban mall located in the heart of Ang Mo Kio. The mall is connected to Ang Mo Kio Bus Interchange, which is linked to Ang Mo Kio MRT station via an underpass.

The North-East Region is the second largest and most densely populated of the five regions in Singapore, with Sengkang being its most populous town. Spanning 13,810ha, the North-East Region is mainly a residential region and housing estate largely comprised of HDB flats. In addition to a myriad of amenities including hospitals, parks, schools and transport options, the region is also home to a few tourist attractions such as Pulau Ubin and Coney Island. Seletar Aerospace Park, which comprises of several aviation manufacturing and research facilities by companies such Rolls-Royce and Singapore Technologies Aerospace, provide employment opportunities to residents both within and beyond the region. Sengkang General Hospital, a 1000-bed hospital, is the largest in the region and is built to further the government's efforts to provide quality and accessible healthcare to all Singaporeans.