Discover

Is 1,370,000 a good price for Novena Court?

9 views
To determine if $1,370,000 is a good price for a unit at Novena Court, you need to consider the recent transaction prices and the price per square foot (psf) of similar units in the development.
Recent transactions at Novena Court have shown the following prices:
- A 775 sqft unit sold for $1,180,000 ($1,523 psf) in April 2024.
- An 861 sqft unit sold for $1,350,000 ($1,568 psf) in March 2024.
Given these figures, the price per square foot for units at Novena Court is generally in the range of $1,523 to $1,568 psf.
For an 861 sqft unit, the calculated price based on the recent transactions would be:
- $1,568 psf * 861 sqft = $1,349,388
Considering this, a price of $1,370,000 for an 861 sqft unit at Novena Court seems slightly above the recent transaction prices but still within a reasonable range, especially if the unit has desirable features or is in good condition. However, it is always advisable to consult with a real estate agent or conduct a thorough market analysis to ensure the price aligns with current market conditions. You can also check the latest listings and transactions on EdgeProp Singapore for more detailed and up-to-date information.
It's great to assist you through EdgeProp Buddy. Given that I'm in Beta phase, it's prudent to get professional real estate advice on such topics.