Novo Place
Novo Place is an executive condominium in District 24 (Lim Chu Kang / Tengah), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,675 psf from 6 sales.
At a glance
- District
- District 24 (Lim Chu Kang / Tengah)
- Region
- Outside Central Region
- Type
- Executive Condominium
- Tenure
- 99-year lease from 2023, about 96 years left
- Completed
- Not yet: still under construction
What the prices say
The median home in Novo Place sold for S$1,639,500: the middle of 6 sales in the 12 months to August 2026.
Year by year, the median was S$1,652 psf in 2024 (407 sales) and S$1,643 psf in 2025 (94 sales), about the same across the period.
Higher floors sold for more here: floors 16 to 20 at S$1,703 psf against S$1,621 psf on floors 1 to 5, about 5% more per square foot (24 months).
By unit size (24 months): 600 to 899 sq ft at S$1,642 psf and 900 to 1,199 sq ft at S$1,667 psf. Price per square foot was similar across sizes.
What sells here
6 homes sold in the last 12 months, down from 498 in the 12 months before.
The most common size was 600 to 899 sq ft, with 270 of the 504 sales in the last 24 months, close to half.
All 504 sales in the last 24 months were first sales of new units, so the figures here describe launch prices and not resale prices.
6 of those were first sales of new units, so almost all of the recent sales are launch sales.
The first new sale in our records was in November 2024.
Rents and yield
No rental contracts for Novo Place were recorded in the 12 months to August 2026.
Age and lease
Novo Place is still under construction in our records, so its sales so far are first sales of new units, priced when the units were launched.
The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.
Leases and tenure in the glossary
What this page cannot tell you
A median is the middle of many different homes in Novo Place. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.
The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.
Questions this page answers
What is the median price per square foot in Novo Place?
S$1,675 psf in the 12 months to August 2026, from 6 sales. For the median home that is S$1,639,500.
How many homes sold in Novo Place?
6 in the last 12 months and 504 in the last 24 months, across all sale types.
How much lease is left in Novo Place?
It is a 99-year lease from 2023, which leaves about 96 years at 2026.
Figures from URA data, 12 months to August 2026. General information, not financial advice.
The figures
Sale prices
| Period | Median price per sq ft | Median price | Sales |
|---|---|---|---|
| Last 12 months | S$1,675 psf | S$1,639,500 | 6 |
| Last 24 months | S$1,650 psf | S$1,502,000 | 504 |
| Last 5 years | S$1,650 psf | S$1,502,000 | 504 |
Source: URA data. Data as of August 2026.
New sales
First new sale in our data: November 2024.
| Period | Median price per sq ft | New sales |
|---|---|---|
| Last 12 months | S$1,675 psf | 6 |
| Last 24 months | S$1,650 psf | 504 |
| Since launch | S$1,650 psf | 504 |
| Month | New sales |
|---|---|
| October 2025 | 1 |
| November 2025 | 2 |
| January 2026 | 1 |
| April 2026 | 2 |
New sales are first sales of new units. Resales and sub sales are not counted. Source: URA data. Data as of August 2026.
Price by year
| Year | Median price per sq ft | Sales |
|---|---|---|
| 2024 | S$1,652 psf | 407 |
| 2025 | S$1,643 psf | 94 |
Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.
Price by floor range
| Floor range | Median price per sq ft | Sales |
|---|---|---|
| Floors 1 to 5 | S$1,621 psf | 140 |
| Floors 6 to 10 | S$1,644 psf | 140 |
| Floors 11 to 15 | S$1,677 psf | 140 |
| Floors 16 to 20 | S$1,703 psf | 84 |
Price by unit size
| Size | Median price per sq ft | Sales |
|---|---|---|
| 600 to 899 sq ft | S$1,642 psf | 270 |
| 900 to 1,199 sq ft | S$1,667 psf | 234 |
The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.
Where to look next
- Work out the stamp duty on a purchase at these prices (Free, no sign-in)
- How buyer stamp duty works
- Loan limits: how much a bank can lend
- The cooling measures, including additional stamp duty
- Other condos in District 24 (Lim Chu Kang / Tengah)
- Rents for every district, by size
- Leases and tenure in the glossary
What could a unit here sell for?
Condo Atlas can give an indicative value for a unit in Novo Place, with a likely range and the recent sales behind it. Sign in is free.
Open Novo Place in Condo AtlasOther condos in District 24 (Lim Chu Kang / Tengah)
About the data
Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.