Nova 48
Nova 48 is a freehold apartment development in District 12 (Toa Payoh / Balestier / Serangoon). It has 10 recorded private transactions. Latest sale: $1,490,000 (Oct 2025, 80 sqm, floors 01-05). Median $1,725/sqft. Prices up 4.1% over the period.
Where Nova 48 ranks in District 12
All 89 projects ›Median psf over time
Estimate a unit at Nova 48
Based on URA transactions for this development. Pick a floor band and unit size.
Freehold development — no lease decay applied. Projection is pure market growth. Past growth does not guarantee future performance. Not financial advice.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 01-05 | $1,719 | 5 |
| 06-10 | $1,725 | 4 |
| 11-15 | $1,730 | 1 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Oct 2025 | 01-05 | Resale | 80 sqm | $1,490,000 | $1,730 |
| Sep 2025 | 06-10 | Resale | 107 sqm | $2,080,000 | $1,806 |
| Sep 2024 | 01-05 | Resale | 102 sqm | $1,900,000 | $1,731 |
| Apr 2024 | 01-05 | Resale | 80 sqm | $1,480,000 | $1,719 |
| Feb 2024 | 06-10 | Resale | 87 sqm | $1,630,000 | $1,741 |
| Oct 2023 | 01-05 | Resale | 99 sqm | $1,750,000 | $1,642 |
| Sep 2023 | 06-10 | Resale | 87 sqm | $1,600,000 | $1,709 |
| Feb 2023 | 11-15 | Resale | 87 sqm | $1,619,800 | $1,730 |
| Feb 2023 | 06-10 | Resale | 99 sqm | $1,810,000 | $1,699 |
| Aug 2022 | 01-05 | Resale | 99 sqm | $1,680,000 | $1,577 |
Nova 48 is inside the 1 km Primary 1 priority zone for 1 primary school. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.
- This home
- School within 1 km
- School 1–2 km
- 1km ring, top priority
- 2km ring, next tier
Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.
Private condos and apartments closest to Nova 48, with their median resale psf. Useful for comparing what Nova 48 costs per square foot against nearby developments.
About Nova 48
Nova 48 in District 12 (Toa Payoh / Balestier / Serangoon) is a freehold apartment development in the Rest of Central Region, a tenure that holds value without lease-decay drag. Its $1,725 psf median runs about 15% above the District 12 median, ahead of around 79% of projects there. It has a relatively light transaction record, with 10 sales between 2022-08 and 2025-10, ranging from $1,480,000 to $2,080,000. The most recent transaction was a 80 sqm unit (floors 01-05) at $1,490,000 in Oct 2025, and the median is $1,725 psf. Prices have risen around 4.1% over the period (about 1.3% a year). All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Nova 48 cost?
The most recent transaction at Nova 48 was $1,490,000 for a 80 sqm unit in 2025-10. The median price is $1,725 per square foot across 10 transactions, ranging from $1,480,000 to $2,080,000. Data sourced from URA.
Is Nova 48 freehold or leasehold?
Nova 48 is freehold development, so it is not subject to meaningful lease decay.
What is the price per square foot (psf) at Nova 48?
The median price at Nova 48 is $1,725 psf, with transactions ranging from $1,577 to $1,806 psf. This is based on 10 URA-recorded transactions in District 12.
Have prices at Nova 48 gone up or down?
Prices at Nova 48 have increased by approximately 4.1% over the data period (around 1.3% a year). The median price is currently $1,725 psf, with the most recent sale at $1,490,000 in 2025-10.