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 |
About Nova 48
Nova 48 is a freehold development in District 12 (Toa Payoh / Balestier / Serangoon), within the Rest of Central Region of Singapore. It has a thinner transaction history, with 10 recorded apartment transactions 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) sold for $1,490,000 in 2025-10, and the median price is $1,725 per square foot. Prices here have stayed broadly flat (+4.1%) over the period. As a freehold development, it is not subject to meaningful lease decay. 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.