PropKaki
FreeholdCCRDistrict 11 (Novena)

M21

Reviewed by Nathan TangUpdated 20 June 2026Data through Apr 2026 (URA)
Quick Summary

M21 is a freehold apartment in District 11 (Novena) that obtained TOP in 2010, with 61 units across 1 block. Units have recently transacted around S$2.32M (S$1,689 psf), from 103 sales on record. There is 1 unit for sale from S$1.42M to S$1.42M.

1

What are the key facts about M21?

Key Takeaway

M21 is a freehold apartment in District 11 (Novena) that obtained TOP in 2010, with 61 units across 1 block.

Tenure
Freehold
TOP / Completion
2010
Developer
FORTUNE CAPITAL PTE LTD
Total units
61
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,689 psf
Last transacted
Apr 2026
Remaining lease
Freehold
2

What is the price and PSF at M21?

Key Takeaway

Units have recently transacted around S$2.32M (S$1,689 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$2.32M

recent · 103 sales on record

Median PSF

S$1,689 psf

recent transactions

Median rent (monthly)

S$4,238

243 rentals on record

Gross rental yield

2.2%

indicative, gross

Units currently for sale are asking a median of S$2,000 psf — about 18% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

3

What has recently sold at M21?

Key Takeaway

M21 has 103 recorded sales; the most recent transacted at S$3,538,888 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$3,538,8881,755S$2,017 psf
Aug 2025S$1,800,0001,066S$1,689 psf
Jun 2024S$1,750,0001,066S$1,642 psf
Apr 2024S$1,858,8881,066S$1,744 psf
Apr 2024S$3,200,0001,755S$1,824 psf
Sept 2023S$3,180,0002,433S$1,307 psf
Oct 2022S$2,980,0001,755S$1,698 psf
Oct 2022S$2,550,0001,346S$1,895 psf
Oct 2022S$4,350,0003,208S$1,356 psf
Sept 2022S$1,190,000710S$1,675 psf
Jun 2022S$1,150,000710S$1,619 psf
Nov 2021S$2,320,0001,346S$1,724 psf

103 sales and 243 rentals on record since Sept 2007. Source: URA.

4

What bedroom types are available at M21?

Key Takeaway

M21 has 1 unit listed for sale, spanning 2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom1S$1.42M–S$1.42MS$2,000 psf
5

Where is M21 and what's nearby?

Key Takeaway

M21 is located in Novena, in the Central Region of Singapore.

M21 is a freehold apartment completed in 2010. It was developed by FORTUNE CAPITAL PTE LTD. The development has 61 residential units. It sits on a land area of 2,354 sqm and has a gross floor area of 6,591 sqm. The plot ratio is 2.8.

M21 is located at 21 Mandalay Road, Singapore 308208. It is part of District 11, Watten Estate / Novena / Thomson, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Novena MRT, approximately 609m away, around 10 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 Novena Pk for greenery and recreation. Facilities in the development include Clubhouse, Function room, Gymnasium room, Jacuzzi, Lap pool, and Playground.

6

How far is M21 from MRT and schools?

Key Takeaway

The nearest MRT/LRT to M21 is Novena MRT, about 609 m away (~10 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.

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority646 m
  • Northlight SchoolSecondary schoolwithin 1 km853 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority975 m
  • Farrer Park Primary SchoolPrimary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.3 km
  • Bendemeer Secondary SchoolSecondary school1.4 km
  • Chij Primary (Toa Payoh)Primary school1.4 km
  • Anglo-Chinese School (Barker Road)Secondary school1.5 km

Shops, food & parks

Mall: Square 2 · 563 mSupermarket: NTUC Fairprice Co-operative Ltd · 383 mHawker centre: Blks 91/92 Whampoa Drive # · 583 mPark: Novena Pk · 676 m

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

7

What facilities does M21 have?

Key Takeaway

M21 has 6 facilities, including Clubhouse, Function room, Gymnasium room, Jacuzzi, and more.

ClubhouseFunction roomGymnasium roomJacuzziLap poolPlayground
8

What does it cost to own a unit at M21?

Key Takeaway

Buying a unit at M21 (~S$2.32M) needs about S$16,983/mo in income and S$7,813/mo in repayments, after S$85,600 stamp duty and a S$580k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.32M) 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$85,600

BSD, tiered

Downpayment (25%)

S$580k

cash + CPF

Monthly instalment

S$7,813/mo

30y @ 3.5%

Income required

S$16,983/mo

TDSR @ stress rate

9

Frequently asked questions about M21

What is the price at M21?

Units at M21 have recently transacted around S$2.32M (S$1,689 psf), from 103 sales on record (URA caveat data).

What is the PSF at M21?

Units for sale at M21 are asking a median of about S$2,000 psf.

Is M21 freehold or leasehold?

M21 is freehold.

When was M21 built?

M21 obtained TOP in 2010, developed by FORTUNE CAPITAL PTE LTD.

How many units are for sale at M21?

There are 1 unit for sale at M21, from S$1.42M to S$1.42M.

What is the rental yield at M21?

Gross rental yield at M21 is about 2.2%, based on median current rents and prices.

How many units are in M21?

M21 has 61 units across 1 block.

What facilities does M21 have?

M21 has 6 facilities, including Clubhouse, Function room, Gymnasium room, Jacuzzi, Lap pool, Playground.

What is the nearest MRT to M21?

The nearest MRT/LRT station to M21 is Novena MRT, about 609 m away (~10 min walk).

Which primary schools are within 1 km of M21?

St. Joseph's Institution Junior, Hong Wen School are within 1 km of M21 — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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