Updated September 2026. Old launch pricing, availability and sales claims have been removed. This is a resale due-diligence framework for a low-unit-count prime development.
Judge the specific Park Nova unit
In a development with varied layouts and limited comparable sales, unit-specific attributes carry more weight. Confirm internal and strata area, floor, facing, view, privacy, lift access, parking, condition and any double-volume or outdoor space.
Do not force a simple PSF comparison
Use URA's current private residential data, then match transactions by tenure, size, floor, view, layout and date. Separate internal living area from terraces, balconies, voids and other space with different utility. Obtain a professional valuation where the evidence is thin.
Review the ownership structure and running costs
- Title, accessory lots and registered interests.
- MCST accounts, sinking fund, insurance and by-laws.
- Maintenance contributions and likely major works.
- Staffing, security, facilities and service standards.
- Renovation restrictions and specialist maintenance needs.
Model a realistic exit
Luxury demand can be thin and transaction intervals can be long. Include BSD and ABSD where applicable, financing, maintenance, property tax, renovation and selling costs. A rare design or freehold title does not guarantee liquidity, rental performance or capital gains.