Mandalay Towers
Mandalay Towers is a freehold apartment in District 11 (Novena) that obtained TOP in 1974, with 56 units across 2 blocks. Units have recently transacted around S$2.35M (S$929 psf), from 40 sales on record. There are 6 units for sale from S$4.18M to S$4.49M.
What are the key facts about Mandalay Towers?
Mandalay Towers is a freehold apartment in District 11 (Novena) that obtained TOP in 1974, with 56 units across 2 blocks.
- Tenure
- Freehold
- TOP / Completion
- 1974
- Developer
- —
- Total units
- 56
- Blocks
- 2
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$929 psf
- Last transacted
- Apr 2025
- Remaining lease
- Freehold
What is the price and PSF at Mandalay Towers?
Units have recently transacted around S$2.35M (S$929 psf), at a gross rental yield of about 2.3% (URA caveat data).
Recent median price
S$2.35M
recent · 40 sales on record
Median PSF
S$929 psf
recent transactions
Median rent (monthly)
S$4,600
88 rentals on record
Gross rental yield
2.3%
indicative, gross
Units currently for sale are asking a median of S$1,753 psf — about 89% above the most recent transacted PSF.
Source: URA caveat data, through Apr 2025.
What has recently sold at Mandalay Towers?
Mandalay Towers has 40 recorded sales; the most recent transacted at S$3,930,000 in Apr 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2025 | S$3,930,000 | 2,508 | S$1,567 psf |
| Mar 2022 | S$3,200,000 | 2,508 | S$1,276 psf |
| Apr 2021 | S$2,800,000 | 2,508 | S$1,116 psf |
| Mar 2021 | S$2,800,000 | 2,508 | S$1,116 psf |
| Oct 2019 | S$4,200,000 | 5,059 | S$830 psf |
| Mar 2017 | S$2,300,000 | 2,508 | S$917 psf |
| Mar 2016 | S$2,330,000 | 2,508 | S$929 psf |
| Oct 2015 | S$2,310,000 | 2,508 | S$921 psf |
| Sept 2014 | S$2,200,000 | 2,562 | S$859 psf |
| Nov 2012 | S$2,500,000 | 2,508 | S$997 psf |
| Jan 2012 | S$2,350,000 | 2,497 | S$941 psf |
| Sept 2011 | S$1,800,000 | 2,508 | S$718 psf |
40 sales and 88 rentals on record since May 1995. Source: URA.
What bedroom types are available at Mandalay Towers?
Mandalay Towers has 6 units listed for sale, spanning 3–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 3-bedroom | 2 | S$4.49M–S$4.49M | S$1,753 psf |
| 4-bedroom | 4 | S$4.18M–S$4.49M | S$1,674 psf |
Where is Mandalay Towers and what's nearby?
Mandalay Towers is located in Novena, in the Central Region of Singapore.
Mandalay Towers is a freehold apartment completed in 1974. The development has 56 residential units. It sits on a land area of 3,979 sqm and has a gross floor area of 11,141 sqm. The plot ratio is 2.8.
MANDALAY TOWERS is located at 35 Mandalay Road, Singapore 308215. 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 669m 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 Rise Pk for greenery and recreation.
How far is Mandalay Towers from MRT and schools?
The nearest MRT/LRT to Mandalay Towers is Novena MRT, about 669 m away (~11 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Novena MRT669 m · ~11 min
- Toa Payoh MRT988 m · ~15 min
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 priority766 m
- Northlight SchoolSecondary schoolwithin 1 km937 m
- Hong Wen SchoolPrimary school1.0 km
- Chij Secondary (Toa Payoh)Secondary school1.1 km
- Chij Primary (Toa Payoh)Primary school1.3 km
- Farrer Park Primary SchoolPrimary school1.3 km
- Bendemeer Secondary SchoolSecondary school1.4 km
- Kheng Cheng SchoolPrimary school1.5 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Mandalay Towers?
Buying a unit at Mandalay Towers (~S$2.35M) needs about S$17,203/mo in income and S$7,914/mo in repayments, after S$87,100 stamp duty and a S$588k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.35M) 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$87,100
BSD, tiered
Downpayment (25%)
S$588k
cash + CPF
Monthly instalment
S$7,914/mo
30y @ 3.5%
Income required
S$17,203/mo
TDSR @ stress rate
Frequently asked questions about Mandalay Towers
What is the price at Mandalay Towers?⌄
Units at Mandalay Towers have recently transacted around S$2.35M (S$929 psf), from 40 sales on record (URA caveat data).
What is the PSF at Mandalay Towers?⌄
Units for sale at Mandalay Towers are asking a median of about S$1,753 psf.
Is Mandalay Towers freehold or leasehold?⌄
Mandalay Towers is freehold.
When was Mandalay Towers built?⌄
Mandalay Towers obtained TOP in 1974.
How many units are for sale at Mandalay Towers?⌄
There are 6 units for sale at Mandalay Towers, from S$4.18M to S$4.49M.
What is the rental yield at Mandalay Towers?⌄
Gross rental yield at Mandalay Towers is about 2.3%, based on median current rents and prices.
How many units are in Mandalay Towers?⌄
Mandalay Towers has 56 units across 2 blocks.
What is the nearest MRT to Mandalay Towers?⌄
The nearest MRT/LRT station to Mandalay Towers is Novena MRT, about 669 m away (~11 min walk).
Which primary schools are within 1 km of Mandalay Towers?⌄
St. Joseph's Institution Junior is within 1 km of Mandalay Towers — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
