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GroundVision Score:
Overall property rating
1
5
10

Layers

Iridium

condominium
lincoln road

GV Score

Total score of a project calculated from its individual components.

8/10

About

Name
Iridium
Developer
Novelty Land Pte Ltd (aka Novelty Group)
Lease Type
freehold
Built Year
2009
Status
completed
Total Units
45
Iridium is a freehold apartment development located in the Novena area of Singapore's Central Region. Developed by Novelty Properties Pte Ltd, this completed project was built in 2009 and comprises 45 residential units. The property falls under the Core Central Region segment and is situated in District 11, known for its prime location.
ApartmentFreeholdD11 - Newton / NovenaCentral RegionLocated in Novena

Location

Country
singapore
Region
central region
Planning Area
novena
Subzone
moulmein

Development Profitability

Win Rate
93.8% (76/81)
Median Profit
SGD 280,000 (+25.0%)
Average Holding Years
3.3 years
Timing Score
64.3

PSF Distribution

Current
SGD 1,245
25th percentile
SGD 929
50th percentile
SGD 1,245
75th percentile
SGD 1,505

District Profitability

Win Rate
87.6% (5K/5.7K)
Median Profit
SGD 352,075 (+24.2%)
Average Holding Years
5.1 years
Timing Score
43.8

PSF Distribution

Current
SGD 2,125
25th percentile
SGD 873
50th percentile
SGD 1,238
75th percentile
SGD 1,634

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