New launch scorecard · rubric v0.2
Novo Place
New Launch scorecard · D24/OCR · 415 new sales 2024-11-2026-04
Carried by entry price & value (5.0/5); capped by location & connectivity (1.0/5).
Best for: Value buyers entering below cohort pricing for relative upside.
the headline rubric: value, supply, location, investment, product
entry 9th pctile of vintage cohort
+6.5%/yr vs OCR cohort · 80% sold in first 3mo · 4 rival D24 launches
The rubric
How we rate →Entry Price & Value
25%computed5.0/51653
$1653 = 9th pctile of 31 OCR launches (launch±18mo; cheaper=better value)
Supply & Exit Dynamics
15%computed4.0/54 D24 rivals
4 competing D24 launches; 80% sold in first 3mo (strong absorption)
Location & Connectivity
15%computed1.0/515.4min walk to Chinese Garden
15.4min to CHINESE GARDEN MRT STATION Exit A (straight-line x1.35 detour @80m/min), 7 bus stops <=400m; anchors med=6.7 p75=12.3 of 183 launches
Investment Profile
15%inferred4.0/5~+6.5%/yr vs OCR cohort med +4.5%/yr
annualized relative gain vs OCR cohort (price-position inferred); absorption ok
Developer Track Record
10%manual · awaiting data3.0/5Awaiting data — neutral placeholder. needs past-launch ledger (manual)
Layout & Product
10%partial3.0/5avg 89sqm, 0% <70sqm
unit-mix from txn area distn (floor plans not in DB -> partial)
Sentiment Signal
10%manual · awaiting data3.0/5Awaiting data — neutral placeholder. manual aggregated overlay (Tier3 fragile layer)
Strongest: Entry Price & Value · Weakest: Location & Connectivity. Each category is scored 0–5 against public anchors, multiplied by its weight and scaled to 100.
Key facts
- Avg new-sale price
- $1,653 psf
- New sales recorded
- 415
- District / segment
- D24 · OCR
- Launch month observed
- Nov 2024
- Last new sale
- Apr 2026
- Nearest MRT
- Chinese Garden · 15.4 min walk
Data coverage
60%60% of this rating’s weight is measured from data. The rest is a clearly-labelled placeholder or estimate — never silently blended in.
- computed
- — fully measured from source data (full coverage credit)
- partial
- — real but proxy signal (half credit)
- inferred
- — estimate, dampened toward neutral (no credit)
- manual
- — neutral 3.0 placeholder awaiting data (no credit)
Map
Price history
median $psf by monthMedian transacted $psf per month from URA caveat data — new-sale (developer) versus secondary (resale and sub-sale). Thin bars show monthly transaction counts; gaps mean no transactions that month.
- median new-sale $psf
- median secondary $psf
- transactions / month
- trend extrapolation — not a forecast