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Condo prices · D12

Nova 48

Prome Road · D12 · Rest of central region · Apartment

The median sale at Nova 48 was $1,655,000 — $1,724 psf — across 10 transactions between Aug 2022 and Oct 2025. Freehold.

Figures here are based on 10 sales.

Median price
$1,655,000
10 sales in the window.
Median per sq ft
$1,724 psf
Median unit 1,001 sq ft.
Lease remaining
Freehold
Freehold

Nova 48 saw zero sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

Nova 48 is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2022one sale$1577
  • 2023four sales$1704
  • 2024three sales$1731
  • 2025two sales$1768
Show the figures
YearMedian pricePer sq ftSales
2022$1,680,000$1,577 psf1
2023$1,684,900$1,704 psf4
2024$1,630,000$1,731 psf3
2025$1,785,000$1,768 psf2

Other developments in D12

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.