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Novo Place

District 24 Lim Chu Kang / Tengah · 99 years · OCR
Sold outNot rated yetExecutive condo (EC)

Novo Place has sold out. We do not rate it yet.

What units at Novo Place actually sold for

413 units have been bought here since the launch in November 2024, at prices from S$1.34m for the smallest to S$2.04m for the largest. The middle price was S$1,650 per square foot. Higher floors cost more: the same 600–899 sq ft unit sold at a middle S$1,610 psf on floors 1–5 and S$1,680 psf on floors 16–20.

Prices by unit size and floor

As at Apr 2026

Unit sizeAll floors
Under 600 sq ftfewer than 5 sales
600–899 sq ftmedian 880 sq ftS$1,640 psfS$1,530–S$1,760S$1.34m – S$1.54m230 sales
900–1,199 sq ftmedian 1,010 sq ftS$1,660 psfS$1,540–S$1,810S$1.46m – S$2.04m183 sales
1,200–1,499 sq ftfewer than 5 sales
1,500 sq ft and upfewer than 5 sales
The same table, by floor — and where your quote sits in it

Floors 1–5, 6–10, 11–15 and 16–20 each have their own column. Tell us the floor, the size and the price you were quoted, and we mark the cell it falls in.

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Free account, one click, no card. We do not publish what you type.

How fast it sold, and when

289 of the 504 units sold in the launch month, November 2024. Since then sales have run at a few a month — 7 in the last twelve — and 0 are left as at Aug 2026. The middle price in the months with five or more sales has stayed between S$1,590 and S$1,680 psf.

Balance units

0 of 504

As at Aug 2026

Units sold each month, and the month’s middle psf

289Nov 24launch158Dec1,65010Jan 251,63017Feb1,68030Mar1,66016Apr1,6108May1,6009Jun1,5901Jul0Aug0Sep1Oct2Nov1Dec1Jan 260Feb0Mar2Apr0May0Jun0Jul0Aug
289Nov 241581017Feb30168May910Aug012Nov110Feb020May000Aug

launch month, bar cut to fit 5 or more sold: psf printed fewer than 5: count only

The other launches within 3 km

Within 3 km, Otto Place (137 m) and Lumina Grand (1.3 km) are executive condos, and Tengah Garden Residences (1.7 km) is a private condo selling at a middle S$2,130 psf. This is what each has actually sold for in the last twelve months, and how much is left.

Swipe the table sideways to see every column.

ProjectDistanceMiddle new-sale priceSoldUnsold
Novo PlaceExecutive condo · 99 yearsthis pageS$1,670 psf6 sales, 12 mo504 of 5040
Otto PlaceExecutive condo · 99 years137 mS$1,750 psf92 sales, 12 mo595 of 6005
Lumina GrandExecutive condo · 99 years1.3 kmfewer than 5 sales512 of 5120
AlturaExecutive condo · 99 years1.3 kmS$1,590 psf6 sales, 12 mo360 of 3600
Tengah Garden ResidencesCondo · 99 years1.7 kmS$2,130 psf678 sales, 12 mo862 of 8631
J'DenCondo · 99 years1.8 kmS$2,530 psf8 sales, 12 mo363 of 3685
The Lakegarden ResidencesCondo · 99 years1.9 kmS$2,220 psf61 sales, 12 mo303 of 3063
Lucerne GrandCondo · —2.0 kmfewer than 5 sales— of 570
SoraCondo · 99 years2.1 kmS$2,360 psf41 sales, 12 mo229 of 440211

Middle new-sale price is the median of the caveats on record for the last twelve months; a project with fewer than five prints none. Sold and unsold counts are from URA’s developer sales report for Aug 2026. Executive condos carry eligibility rules and sell at a discount to private condos, so compare them with that in mind.

Novo Place, Otto Place, Lumina Grand and Altura on one screen

Each with its own sold-for table and sales pace, side by side.

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The launch premium, and whether it held

We do not rate Novo Place — there is no resale record to rate it against yet. What we can show is what buyers have actually paid here, and what happened to buyers at earlier launches. A new launch always asks more than the resale condos around it. The question a buyer cannot answer today is whether that gap closes, holds or widens by the time the keys are handed over. Two things we can show: the gap here, and what happened to it at the launches of 2021–22.

The gap today

Novo Place, new sale Last 12 months

S$1,670 psf

6 sales
+30%
Resale within 1 km Last 12 months

S$1,290 psf

58 resales in 3 condos

The three condos: The Mayfair, Parc Oasis, Le Quest. Part of the gap is age and remaining lease, not only the new-launch premium.

Did earlier launches hold their price?

Of 26 Singapore launches that sold in 2021–22 and have resold in the last twelve months, 23 now resell at or above their launch price; the mean change is +11%. 3 do not.

All 26 launches, then and now, with the market index beside them →

The launches most like this one

The same table narrowed to the Outside Central Region launches of 2021–22, with their own mean change.

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What it costs all-in

The price is not the bill. Buyer’s stamp duty is paid within 14 days of the option, additional buyer’s stamp duty depends on who you are, and an uncompleted unit is paid for in stages as it is built. Pick a unit size and a buyer profile; the figures start from what that size has actually sold for here.

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Married couples with a citizen spouse buying a second home may qualify for ABSD remission on selling the first within six months; that is not applied here.

All-in, before legal fees

Price
Buyer’s stamp duty
Additional buyer’s stamp duty
Cash or CPF needed in the first 8 weeks
Progressive payments as it is built
If you sell early

Seller’s stamp duty applies for four years from purchase: 16% in the first year, 12% in the second, 8% in the third, 4% in the fourth.

Executive condo rules

Two of these rules depend on when the site was tendered, and that date is not published, so both are stated. The minimum occupation period is 5 years, or 10 years for sites tendered on or after 08-05-2026. The household income ceiling is S$16,000, or S$18,000 for sites tendered on or after 24-08-2026. The mortgage servicing ratio is 30% of gross monthly income either way. Additional buyer’s stamp duty is remitted on a new executive condo bought from the developer.

What resale costs around here today

Nearby resale prices (guide)

S$1,335 psf

That is the middle price per square foot across the 8 condos within 1.5 km of Novo Place that we rate AND that have traded recently enough to carry a median — each figure that project’s own. A new project usually asks more than the resale stock around it, so read this as the floor under the asking price, not as a forecast of it.

4 units in the two condos within 1 km are asking below what similar-sized units in their own building have sold for. Three of them are at Le Quest and one at Parc Oasis. Show me the 4

The rated buildings nearby

The 4 condos we rate closest to Novo Place. The A–E chip grades the building on its own transacted record — it is not a reading of this project. None of them falls inside the map frame, so none is numbered on it.

Location map of Novo Place, an executive condominium in Lim Chu Kang, Singapore
Where it is. Open in Google Maps OneMap © contributors | Singapore Land Authority

Who is building it, and when it will be ready

Developer
Hoi Hup Sunway Jurong Pte Ltd
Expected TOP
URA has not published an expected TOP for this project
Address
Plantation Close, Singapore 699872
Units
504 units
Tenure
99 years from 2023
District
24 · Lim Chu Kang / Tengah · OCR

Sources: URA’s Private Residential Property Pipeline and Developer Sales datasets, through URA’s Data Service. Nearby resale figures are our own, from caveats lodged with the Urban Redevelopment Authority.

PriceVero is an independent information page. We are not the developer, the marketing agent or HDB, and we do not sell or market this project. The facts here come from public sources named on this page and were last checked on 16-09-2026; launch dates, prices and unit counts can change, so confirm with the developer or HDB before relying on them. Nearby resale figures are medians from public transaction records, not a valuation of this project.

Getting there

Nearest MRT
Chinese Garden · 910 m in a straight line · about 15 min walk (estimated)

We have not measured the walking route; the estimate is a straight line.

Check a price on a rated condo nearby

Is this price low, in line, or high? Name any condo or apartment and the price you are weighing. We check it against what units in that project have actually sold for — the walk to the station, the schools and the remaining lease included.

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Free — sign in and the rating is on the screen. The size comes from the project’s own transacted record, so a typo cannot hand you a confident wrong answer. Want the longer form, with floor, size and the stamp duty? Open the price check. Holding a listing link instead? Paste it here. Not a valuation — a reading of a price against the evidence.

Frequently asked

What does Novo Place cost?

Units at Novo Place have sold for between S$1.34m and S$2.04m, at a middle S$1,650 per square foot, across 413 sales on record from Nov 2024 to Apr 2026. A 600–899 sq ft unit has cost about S$1.44m. The table above shows each unit size.

How many units are left at Novo Place?

0 of 504 units are left — the balance units — as at Aug 2026. 504 have sold, 289 of them in the launch month, November 2024. The developer's sales report is published monthly, so this figure moves.

When is Novo Place expected to be completed (TOP)?

URA has not published an expected TOP date for Novo Place, so we do not show one. We never estimate a completion date; where URA publishes one it appears in the fact table on this page. The project launched in November 2024.

Who is the developer of Novo Place?

URA lists the developer as Hoi Hup Sunway Jurong Pte Ltd. We are not the developer or the marketing agent, and we do not sell or market this project — these facts come from public records.

When did Novo Place launch, and at what price?

Novo Place launched in November 2024. 289 of its 504 units sold that month. Its launch price works out at a middle S$1,650 per square foot across every sale on record since.

Is Novo Place a good buy?

We do not rate Novo Place — there is no resale record here yet. What we can show is what buyers have paid, and what happened at earlier launches: of 26 launches of 2021–22, 23 now resell at or above their launch price.

How does Novo Place compare with other new launches nearby?

Within 3 km: Otto Place, an executive condo 137 m away, has sold at a middle S$1,750 psf; Lumina Grand, an executive condo 1.3 km away, has fewer than five sales on record.

What does this page not have?

We do not publish floor plans, site plans, brochures or showflat appointments for Novo Place — those come from the developer's appointed agents. What we publish is the record: what each unit size has sold for, and how many units are left.

How far is Novo Place from an MRT station?

The nearest station is Chinese Garden MRT, about 910 m from Novo Place in a straight line. We have not measured the walking route, so we estimate it at a 15-minute walk; the real one can only be longer.

Keep looking

Contains information from the Urban Redevelopment Authority (URA), made available under the Singapore Open Data Licence.