CASA NOVACREST Review

Condo Review 4 min read Last reviewed
District 9 · Freehold · Completed 1999
Avg PSF (12-month)
20Total units
Category Ratings
Walkability
8.6
Investment
4.7
En-Bloc Potential
5.7
ShiokNest Score
5.6

Overview & Key Facts

CASA NOVACREST is a freehold condominium at PECK HAY ROAD in District 9 (CCR), developed by NAKANO SINGAPORE (PTE) LTD, comprising 20 units, completed in 1999.

Developer
NAKANO SINGAPORE (PTE) LTD
Tenure
Freehold
Total units
20
TOP year
1999
District
9 — CCR
Street
PECK HAY ROAD

Location & Connectivity

CASA NOVACREST is approximately 520m from Newton MRT station, with 12 stations within 1.5 km.

MRT stations near CASA NOVACREST
StationLineDistance
NewtonNorth-South Line520m
NewtonDowntown Line520m
OrchardNorth-South Line870m
OrchardThomson-East Coast Line870m
SomersetNorth-South Line950m
Orchard BoulevardThomson-East Coast Line1 km

Schools & Education

18 schools within 2 km (6 within 1 km priority zone).

Schools near CASA NOVACREST
SchoolTypeDistance
St. Anthony's Primary SchoolPrimary450m
ACS (Junior)Primary640m
St. Margaret's Primary SchoolPrimary770m
Anglo-Chinese School (Primary)Primary790m
Singapore Chinese Girls' School (Primary)Primary830m
St. Margaret's Secondary SchoolSecondary840m
ISS International School (Preston)International1.1 km
ISS International School (Paterson)International1.2 km

Market Position

CASA NOVACREST has recorded 2 sales at an average price of $2,975,000.

CASA NOVACREST sits at the 25th percentile of District 9 condo PSF.
Avg PSF (12mo)
$2,975,000
Avg Price
2.0%
Gross Yield
2
Total Sales

Neighbourhood Comparison

District 9 competitors
CondoTenureAvg PSFSales
IRWELL HILL RESIDENCES99 yrs lease commencing from 2020$2,730 psf584
RIVER GREEN99 yrs lease commencing from 2024$3,138 psf493
RIVER MODERN99 years leasehold$3,242 psf426
THE AVENIRFreehold$3,191 psf323
KOPAR AT NEWTON99 yrs lease commencing from 2019$2,512 psf256

What Could Work Against You

  • Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 20 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, p1 school balloting families, long-term hold (10+ yr) and en-bloc speculators. At ~523m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

yield-focused investors and resort facilities should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

CASA NOVACREST is a freehold development in District 9 (CCR), with 20 units, offering a gross yield of 2.0%.

Explore the full CASA NOVACREST dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CASA NOVACREST against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (1.4 km away), an upgrader gap of about $2,100,000
  • Central Area — 4-room average $1,088,814 (1.4 km away), an upgrader gap of about $1,900,000

FAQ

What is the average PSF for CASA NOVACREST?
PSF data is not yet available.
Is CASA NOVACREST freehold?
Yes, CASA NOVACREST is a freehold property.
What is the rental yield for CASA NOVACREST?
The estimated gross yield is 2.0%.
Which MRT is nearest to CASA NOVACREST?
The nearest is Newton MRT at 520m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 2 transactions
  • Rental data: 12 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of July 2024

Latest recorded data point: Jul 2024 · 2 records analysed · Source: URA private-sale caveats

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