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Home/District 18 - Pasir Ris, Tampines/NV RESIDENCES

NV RESIDENCES

District 18OCR99 yrs lease commencing from 2008PropertyGuru

Project Details

Address
PASIR RIS GROVE
Property Type
Condominium
Total Units
642
Est. TOP
2013
Developer
City Developments Limited
Tenure
99 yrs lease commencing from 2008
Price by Bedroom (median, 3yr)
1-Bed*
$730,000
3 txns
2-Bed
$1,070,000
55 txns
3-Bed
$1,500,000
30 txns
4-Bed
$1,838,000
4 txns
* Bedroom count estimated from floor area (this project is not catalogued on EdgeProp.sg).
Median PSF (3yr)
$1308
92 transactions
Lease too short to normalize meaningfully (under 40yr remaining).

About this number

Normalized PSF uses Bala's Table - the Singapore Land Authority differential premium reference for valuing leasehold against freehold. Bala values a fresh 99-year lease at 96% of freehold; the curve drops non-linearly, reaching ~75% at 50 years remaining and ~60% at 30 years.

Below 40 years remaining we stop normalizing because the curve diverges from market reality once CPF withdrawal restrictions and bank LTV cliffs dominate.

A separate 5% adjustment applies to projects whose lease commenced before 2023, reflecting the older strata-area measurement convention (which counted air-con ledges and bay windows).

Source: Singapore Land Authority differential premium reference (Bala's Table).

Investment Signals

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PSF Trend

Transaction prices per square foot

More projects in District 18 - Pasir Ris, Tampines ->
Last 3 years
  • NV RESIDENCESOCR
    May 2026 · D18 · 2-Bed · 797 sqft · fl 06-10
    $1,100,000
    $1,381 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    May 2026 · D18 · 2-Bed · 743 sqft · fl 06-10
    $1,050,000
    $1,414 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Apr 2026 · D18 · 2-Bed · 743 sqft · fl 06-10
    $1,050,000
    $1,414 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Mar 2026 · D18 · 2-Bed · 764 sqft · fl 06-10
    $1,110,000
    $1,452 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Feb 2026 · D18 · 2-Bed · 797 sqft · fl 01-05
    $1,068,000
    $1,341 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Jan 2026 · D18 · 3-Bed · 1,184 sqft · fl 06-10
    $1,720,000
    $1,453 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Jan 2026 · D18 · 2-Bed · 743 sqft · fl 11-15
    $1,048,000
    $1,411 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Jan 2026 · D18 · 3-Bed · 1,227 sqft · fl 06-10
    $1,770,000
    $1,442 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Dec 2025 · D18 · 2-Bed · 743 sqft · fl 06-10
    $1,050,000
    $1,414 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Nov 2025 · D18 · 2-Bed · 764 sqft · fl 06-10
    $1,065,000
    $1,394 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Nov 2025 · D18 · 2-Bed · 797 sqft · fl 06-10
    $1,108,000
    $1,391 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Oct 2025 · D18 · 3-Bed · 1,109 sqft · fl 01-05
    $1,535,000
    $1,385 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Oct 2025 · D18 · 3-Bed · 1,109 sqft · fl 06-10
    $1,550,000
    $1,398 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Oct 2025 · D18 · 2-Bed · 904 sqft · fl 01-05
    $1,155,000
    $1,277 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Oct 2025 · D18 · 2-Bed · 797 sqft · fl 01-05
    $1,088,000
    $1,366 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Oct 2025 · D18 · 2-Bed · 797 sqft · fl 06-10
    $1,110,000
    $1,394 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Sep 2025 · D18 · 2-Bed · 764 sqft · fl 06-10
    $1,105,000
    $1,446 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Aug 2025 · D18 · 3-Bed · 1,227 sqft · fl 01-05
    $1,658,000
    $1,351 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Aug 2025 · D18 · 3-Bed · 1,184 sqft · fl 01-05
    $1,540,000
    $1,301 psf
    — norm
    Resale
  • NV RESIDENCESOCR
    Aug 2025 · D18 · 2-Bed · 904 sqft · fl 11-15
    $1,238,000
    $1,369 psf
    — norm
    Resale
ProjectDistRegionBedFloorAreaPricePSF99yr NormDateType
NV RESIDENCES18OCR206-10797$1,100,000$1,381—May 2026Resale
NV RESIDENCES18OCR206-10743$1,050,000$1,414—May 2026Resale
NV RESIDENCES18OCR206-10743$1,050,000$1,414—Apr 2026Resale
NV RESIDENCES18OCR206-10764$1,110,000$1,452—Mar 2026Resale
NV RESIDENCES18OCR201-05797$1,068,000$1,341—Feb 2026Resale
NV RESIDENCES18OCR306-101,184$1,720,000$1,453—Jan 2026Resale
NV RESIDENCES18OCR211-15743$1,048,000$1,411—Jan 2026Resale
NV RESIDENCES18OCR306-101,227$1,770,000$1,442—Jan 2026Resale
NV RESIDENCES18OCR206-10743$1,050,000$1,414—Dec 2025Resale
NV RESIDENCES18OCR206-10764$1,065,000$1,394—Nov 2025Resale
NV RESIDENCES18OCR206-10797$1,108,000$1,391—Nov 2025Resale
NV RESIDENCES18OCR301-051,109$1,535,000$1,385—Oct 2025Resale
NV RESIDENCES18OCR306-101,109$1,550,000$1,398—Oct 2025Resale
NV RESIDENCES18OCR201-05904$1,155,000$1,277—Oct 2025Resale
NV RESIDENCES18OCR201-05797$1,088,000$1,366—Oct 2025Resale
NV RESIDENCES18OCR206-10797$1,110,000$1,394—Oct 2025Resale
NV RESIDENCES18OCR206-10764$1,105,000$1,446—Sep 2025Resale
NV RESIDENCES18OCR301-051,227$1,658,000$1,351—Aug 2025Resale
NV RESIDENCES18OCR301-051,184$1,540,000$1,301—Aug 2025Resale
NV RESIDENCES18OCR211-15904$1,238,000$1,369—Aug 2025Resale

Normalized via Bala's Table (SLA differential premium curve). Fresh 99yr lease ≈ 96% of freehold; below 40yr we don't normalize.

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