We are thrilled to introduce the new NOVO PLACE EC development, located at Plantation Close. Spanning across an impressive area of 16,441.20 sqm and just 4mins walk to the upcoming Tengah Park MRT station. This development is set to redefine modern living with its thoughtfully designed units.
Excitingly, total of 504 units available in this development, ensuring a close-knit community that fosters a sense of belonging and neighbourly camaraderie. Imagine living in a place where you can truly connect with those around you, creating lifelong friendships and cherished memories.
With its strategic location and impressive array of amenities, NOVO PLACE EC is set to become a highly sought-after community. Residents will enjoy easy access to nearby schools, shopping malls, parks, and more. The development's thoughtful design ensures that every aspect of life is catered to, providing a seamless blend of comfort, convenience, and natural beauty.
Enjoy all the positives of living in Singapore’s first smart and sustainable town. And all the possibilities of a vibrant revitalised Jurong a short drive away.
Novo Place is a verdant oasis of contemporary luxury, just a 4 minute walk to the upcoming Tengah Park MRT station on the future Jurong Region Line. And a mere 3 MRT stops to Jurong East, with easy access to the Pan Island Expressway (PIE).
Great shopping and dining nearby with Jem and Westgate just three MRT stops away, and Plantation Plaza four minutes’ drive away with Koufu and Giant for your everyday needs.
At Novo Place, you’re surrounded by beautiful greenery and every amenity you could wish for. From four pools, a stunning Clubhouse, Gymnasium, Kids’ Party Room, four BBQ Pavilions to all-day Library and Work Lounge.
Project Name | NOVO PLACE (Plantation Close EC1) |
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District | D24 - Choa Chu Kang / Tengah |
Address | 4, 6, 8, 10, 12, 14, 16, 18 Plantation Close |
Developer | HOI HUP SUNWAY JURONG PTE LTD |
Expected TOP | Q1 2027 |
Tenure | 99 years from 11 Dec 2023 |
Site Area | 16,441.20 sqm / 176,971.60 sqft |
Plot Ratio | 2.8 |
No. of Blocks / Levels | 7 Blocks of 18-storey |
Total Units | 504 units |
Unit Mix | 3BR - 872 sqft x 126 units 3BR+Study - 883/947 sqft x 234 units 4BR - 1,012 sqft x 36 units 4BR+Study - 1,163 sqft x 108 units |
Carpark Lots | 255 |
Architect | ADDP Architects LLP |
Landscape | STX Landscape Architects |
Builder | Straits Construction |
Site Awarded Date | 11 Sept 2023 |
Targeted Launch Date | 01 Nov 2024 |
Land Rate (Land Cost) | $703 psf ppr |
Artist's Impression of Tengah Town Centre © HDB
Singapore's initial intelligent and eco-friendly town, Tengah, is set to be launched in the near future. This development will feature smart technology and green components to promote sustainability. The new town is expected to provide fresh living spaces and work opportunities in the Western area of Singapore. Additionally, Tengah will complement other developments, such as Jurong Innovation District and Jurong Lake District, by contributing to Singapore's progress.
Tengah's creative planning aims to make the most of its distinct character and provide its inhabitants with fresh residential and leisure options. The focal points of the forthcoming town will be centered on the environment and the society, thus developing a charming town that will enable future residents to get a feel of being "One with Nature" while being at home.
It is anticipated that around 42,000 novel dwellings will be constructed in the town, spread over five residential areas, each of which features a distinctive design.
NOVO PLACE EC is set to become one of the most sought-after locations for 99-year leasehold Executive Condominiums (ECs) in Singapore. With a maximum gross floor area of 45,920 sq m and a prime spot in Tengah New Town, the EC site is located within walking distance of two MRT stations on the upcoming Jurong Region Line, Tengah Park MRT station and Bukit Batok West MRT station.
Apart from being conveniently located near MRT stations, the NOVO PLACE EC site is also close to Tengah’s future car-free town centre, making it an ideal spot for families who want to enjoy a car-free lifestyle. The site is also within 2km of 12 plots of land zoned for education institutions, making it an excellent location for families with school-going children.
The 16,400 sq m site is located on a road that has yet to be built, ensuring that residents will enjoy a quiet and peaceful environment. The location is perfect for those who want to live in a tranquil and serene environment while still being close to all the amenities that the city has to offer.
With the NOVO PLACE EC location being so prime, it is no surprise that it is generating a lot of interest from homebuyers. If you are looking for a 99-year leasehold EC in a prime location, then look no further than Tengah Plantation Close.
Families with children will appreciate the proximity of NOVO PLACE EC to many reputable schools, including Yuhua Primary School, Jurong Primary School, and Princess Elizabeth Primary School. There are also several secondary schools and tertiary institutions in the vicinity, making it easy for students to access quality education.
For those who enjoy outdoor activities, NOVO PLACE EC is situated near many parks and green spaces. The Jurong Lake Park, for instance, is just a short drive away from the development. This park boasts of jogging trails, cycling paths, and picnic areas, making it a perfect place for families to spend quality time together.
Estimated average price from $1,253 to $1,307 psf
Source taken : URA, HDB and edgeprop reports
Land Cost (Bukit Batok West Ave 5)
$626 psf ppr
Estimated breakeven price including Land Cost, Construction, Financing, Architect, Designing, Marketing and others (A)
$1,089 psf ppr
Developer 15-20% markup in profit (B)
$164 - $218 psf ppr
Indicative Average selling price (A+B)
$1,253 - $1,307 psf
The potential selling price of the new Bukit Batok West Ave 5 EC is expected to be between $1,253 and $1,407 per square foot (psf) based on factual data. The anticipated price takes into account that Deferred Payment Scheme is usually priced 3% higher. This news will be encouraging for potential buyers who are interested in purchasing a unit in this upcoming development, as the price range is competitive compared to other similar properties in the area. The new EC is expected to offer quality facilities and amenities for comfortable and convenient living. With the anticipated selling prices, buyers will be able to make informed decisions on their purchase decisions.
By using $1,350 per square foot (psf) as a guide, the estimated pricing for a 3 bedroom unit, with a size of approximately 893 sqft, that comes with 3 bedrooms, a living hall, 2 baths, kitchen, and household-shelter will start from $1,205,550 (893 x $1,350psf). Potential investors and buyers can expect to find a comfortable living space that is both practical and functional.
The table below will give an estimation of the starting price of all units type.
*Do note this is for illustration purpose as units sizes and average psf will varies.
Type | Est. Size (Sqft) | Est. Price From |
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3 Bedroom | 893 / 947 | $1,205,500 |
3 Bedroom Premium | 980 / 1,013 | $1,323,000 |
4 Bedroom | 1,098 / 1,152 | $1,482,300 |
4 Bedroom Premium | 1,259 / 1,367 | $1,699,650 |
5 Bedroom | 1,561 / 1,711 | $2,107,350 |
Launched as part of the inaugural Esteemed Collection, Novo Place is proudly brought to you by Hoi Hup Sunway, an award-winning collaboration between Hoi Hup Realty and Sunway Developments. Combining the expertise and experience of two real estate giants, this stellar partnership has inspired many successful projects such as The Continuum, Terra Hill, Ki Residences, Parc Central Residences EC and Parc Canberra EC.
An established property developer in Singapore, Hoi Hup Realty Pte Ltd is committed to creating living spaces of the highest quality, comfort, functionality, and style. Its expertise has brought an array of residential, commercial and hospitality developments to completion. Over the years, it has also been recognised with many accolades including Best Lifestyle Developer at the PropertyGuru Asia Property Awards 2023, Top Sustainable Developer at the EdgeProp Singapore Excellence Awards 2023, and BCI Asia Awards’ Top Ten Developer from 2021 to 2023.
Sunway Developments Pte Ltd is a component of Sunway Property, which is the property division of Sunway Group, one of Southeast Asia’s leading conglomerates. As a Master Community Developer, Sunway Property has an established track record in managing and developing innovative and quality residential and non-residential properties in the region, including retail, leisure, healthcare, hospitality, as well as other commercial assets.
Your Real Estate Partner
Elson Chua
(65) 8182 1832
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