FreeholdCCRDistrict 11 (Novena)

Mandalay Mansion

Reviewed by Nathan TangUpdated 11 August 2026Data through Sept 2025 (URA)
Quick Summary

Mandalay Mansion is a freehold apartment in District 11 (Novena), with 25 units across 1 block. Across 27 transactions on record, units have recently transacted around S$2.27M (S$1,044 psf, ~2,088 sqft). There are 3 units for sale from S$3.20M to S$3.20M.

1

What are the key facts about Mandalay Mansion?

Key Takeaway

Mandalay Mansion is a freehold apartment in District 11 (Novena), with 25 units across 1 block.

Tenure
Freehold
TOP / Completion
Developer
Total units
25
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,044 psf
Last transacted
Sept 2025
Remaining lease
Freehold
2

What is the price and PSF at Mandalay Mansion?

Key Takeaway

Units have recently transacted around S$2.27M (S$1,044 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$2.27M

recent · 27 sales on record

Median PSF

S$1,044 psf

recent transactions

Median rent (monthly)

S$3,500

55 rentals on record

Gross rental yield

1.9%

indicative, gross

Source: URA caveat data, through Sept 2025.

3

What has recently sold at Mandalay Mansion?

Key Takeaway

Mandalay Mansion has 27 recorded sales; the most recent transacted at S$2,828,888 in Sept 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 2025S$2,828,8882,088S$1,355 psf
Dec 2024S$2,800,0002,088S$1,341 psf
Jan 2022S$2,450,0002,088S$1,173 psf
Nov 2021S$2,400,0002,088S$1,149 psf
May 2021S$2,270,0002,088S$1,087 psf
Nov 2020S$2,300,0002,088S$1,101 psf
Aug 2020S$2,110,0002,088S$1,010 psf
Dec 2019S$2,180,0002,088S$1,044 psf
Jun 2016S$2,080,0002,088S$996 psf
May 2011S$2,900,0004,112S$705 psf
Sept 2010S$1,700,0002,088S$814 psf
Nov 2008S$990,0002,088S$474 psf

27 sales and 55 rentals on record since Jun 1995. Source: URA.

4

Are prices at Mandalay Mansion rising?

Key Takeaway

The median transacted PSF at Mandalay Mansion has risen 136% over the past 26 years (19952021), from S$460 psf to S$1,087 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2021S$1,087 psfS$2.27M2+7.6%
2020S$1,010 psfS$2.11M2+206.1%
2006S$330 psfS$690k2-16.9%
1999S$397 psfS$905k3-21.1%
1996S$503 psfS$1.05M4+9.3%
1995S$460 psfS$960k3

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

5

How many property agents are active around Mandalay Mansion?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Mandalay Mansion sits — in the last 12 months, across all property types.

Active agents · 12mo

5,863

District 11 · closed ≥1 deal

Deals on record

30,351

all-time · all property types

Source: CEA public transaction records, attributed to District 11across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

What bedroom types are available at Mandalay Mansion?

Key Takeaway

Mandalay Mansion has 3 units listed for sale, spanning 4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
4-bedroom3S$3.20M–S$3.20M
7

Where is Mandalay Mansion and what's nearby?

Key Takeaway

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

Mandalay Mansion is a freehold apartment. The development has 25 residential units. It sits on a land area of 1,536 sqm and has a gross floor area of 4,300 sqm. The plot ratio is 2.8.

MANDALAY MANSION is located at 15 Minbu Road, Singapore 308166. 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 714m away, around 11 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 Rise Pk for greenery and recreation.

8

Who built Mandalay Mansion and how big is the development?

Key Takeaway

Mandalay Mansion was developed by , with 25 units.

Blocks
1
Land area
1,536 sqm (16,533 sqft)
Gross floor area
4,300 sqm (46,285 sqft)
Plot ratio
2.80
9

How far is Mandalay Mansion from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Mandalay Mansion is Novena MRT, about 714 m away (~11 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 priority793 m
  • Northlight SchoolSecondary schoolwithin 1 km895 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority958 m
  • Chij Secondary (Toa Payoh)Secondary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Chij Primary (Toa Payoh)Primary school1.3 km
  • Bendemeer Secondary SchoolSecondary school1.3 km
  • Kheng Cheng SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 667 mSupermarket: NTUC Fairprice Co-operative Ltd · 248 mHawker centre: Blks 91/92 Whampoa Drive # · 535 mPark: Novena Rise Pk · 718 m

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

10

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

Key Takeaway

Buying a unit at Mandalay Mansion (~S$2.27M) needs about S$16,617/mo in income and S$7,645/mo in repayments, after S$83,100 stamp duty and a S$568k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.27M) 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$83,100

BSD, tiered

Downpayment (25%)

S$568k

cash + CPF

Monthly instalment

S$7,645/mo

30y @ 3.5%

Income required

S$16,617/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 Mandalay Mansion? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Mandalay Mansion

How much does a unit at Mandalay Mansion cost?

Units at Mandalay Mansion have recently transacted around S$2.27M (S$1,044 psf), from 27 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$2.27M as a first home, you'd need roughly S$16,617/mo in income (assessed at the stress-test rate), with repayments near S$7,645/mo after a S$568k (25%) downpayment and S$83,100 Buyer's Stamp Duty.

Is Mandalay Mansion a good investment?

Gross rental yield is about 1.9%; median PSF has risen about 136% since 1995. 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.

Are prices at Mandalay Mansion going up?

The median transacted PSF at Mandalay Mansion has risen about 136% between 1995 and 2021, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Mandalay Mansion freehold or leasehold?

Mandalay Mansion is freehold — ownership does not expire.

How many units are for sale at Mandalay Mansion?

There are 3 units for sale at Mandalay Mansion, from S$3.20M to S$3.20M.

What is the nearest MRT to Mandalay Mansion?

The nearest MRT/LRT station to Mandalay Mansion is Novena MRT, about 714 m away (~11 min walk).

Which primary schools are within 1 km of Mandalay Mansion?

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

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