FreeholdRCRDistrict 12 (Novena)

Goodwill Mansion

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2010 (URA)
Quick Summary

Goodwill Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 1982, with 12 units. Across 11 transactions on record, units have recently transacted around S$595k (S$406 psf, ~1,464 sqft).

1

What are the key facts about Goodwill Mansion?

Key Takeaway

Goodwill Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 1982, with 12 units.

Tenure
Freehold
TOP / Completion
1982
Developer
Total units
12
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$406 psf
Last transacted
Apr 2010
Remaining lease
Freehold
2

What is the price and PSF at Goodwill Mansion?

Key Takeaway

Units have recently transacted around S$595k (S$406 psf), at a gross rental yield of about 4.4% (URA caveat data).

Recent median price

S$595k

recent · 11 sales on record

Median PSF

S$406 psf

recent transactions

Median rent (monthly)

S$2,200

24 rentals on record

Gross rental yield

4.4%

indicative, gross

Source: URA caveat data, through Apr 2010.

3

What has recently sold at Goodwill Mansion?

Key Takeaway

Goodwill Mansion has 11 recorded sales; the most recent transacted at S$20,000,000 in Apr 2010 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2010S$20,000,00022,325S$896 psf
Jul 2007S$875,0001,464S$598 psf
May 2007S$680,0001,464S$465 psf
Apr 2007S$650,0001,464S$444 psf
Jan 2007S$595,0001,464S$406 psf
Mar 2004S$460,0001,464S$314 psf
Aug 2003S$470,0001,464S$321 psf
Nov 2002S$485,0001,464S$331 psf
May 2002S$485,0001,464S$331 psf
Sept 2001S$400,0001,464S$273 psf
Apr 1996S$808,0001,464S$552 psf

11 sales and 24 rentals on record since Apr 1996. Source: URA.

4

How many property agents are active around Goodwill Mansion?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Goodwill Mansion sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

Where is Goodwill Mansion and what's nearby?

Key Takeaway

Goodwill Mansion is located in Novena, in the Central Region of Singapore.

Goodwill Mansion is a freehold apartment completed in 1982. The development has 12 residential units. It sits on a land area of 857 sqm and has a gross floor area of 2,570 sqm. The plot ratio is 3.0.

GOODWILL MANSION is located at 355 Balestier Road, Singapore 329782. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Novena MRT, approximately 900m away, around 14 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Toa Payoh Town Pk for greenery and recreation.

6

Who built Goodwill Mansion and how big is the development?

Key Takeaway

Goodwill Mansion was developed by , with 12 units.

Land area
857 sqm (9,225 sqft)
Gross floor area
2,570 sqm (27,663 sqft)
Plot ratio
3.00
7

How far is Goodwill Mansion from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Goodwill Mansion is Novena MRT, about 900 m away (~14 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Northlight SchoolSecondary schoolwithin 1 km802 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority806 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority946 m
  • Bendemeer Secondary SchoolSecondary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Chij Primary (Toa Payoh)Primary school1.4 km
  • Kheng Cheng SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 853 mSupermarket: NTUC Fairprice Co-operative Ltd · 95 mHawker centre: Blks 91/92 Whampoa Drive # · 370 mPark: Toa Payoh Town Pk · 758 m

Straight-line distances from the development. Source: PropKaki amenities data.

8

What does it cost to own a unit at Goodwill Mansion?

Key Takeaway

Buying a unit at Goodwill Mansion (~S$595k) needs about S$4,356/mo in income and S$2,004/mo in repayments, after S$12,450 stamp duty and a S$149k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$595k) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$12,450

BSD, tiered

Downpayment (25%)

S$149k

cash + CPF

Monthly instalment

S$2,004/mo

30y @ 3.5%

Income required

S$4,356/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Goodwill Mansion? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Goodwill Mansion's own transactions.

PropKaki
Is Goodwill Mansion a good buy, and what are units selling for?

Recent units at Goodwill Mansion sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
9

Frequently asked questions about Goodwill Mansion

How much does a unit at Goodwill Mansion cost?

Units at Goodwill Mansion have recently transacted around S$595k (S$406 psf), from 11 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Goodwill Mansion?

For a unit around S$595k as a first home, you'd need roughly S$4,356/mo in income (assessed at the stress-test rate), with repayments near S$2,004/mo after a S$149k (25%) downpayment and S$12,450 Buyer's Stamp Duty.

Is Goodwill Mansion a good investment?

Gross rental yield is about 4.4%. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Is Goodwill Mansion freehold or leasehold?

Goodwill Mansion is freehold — ownership does not expire.

When was Goodwill Mansion built and who developed it?

Goodwill Mansion obtained TOP in 1982, with 12 units.

What is the nearest MRT to Goodwill Mansion?

The nearest MRT/LRT station to Goodwill Mansion is Novena MRT, about 900 m away (~14 min walk).

Which primary schools are within 1 km of Goodwill Mansion?

Hong Wen School, St. Joseph's Institution Junior are within 1 km of Goodwill Mansion — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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