Mandalay Ville
Mandalay Ville is a freehold apartment in District 11 (Novena) that obtained TOP in 1981, with 61 units across 1 block. Across 12 transactions on record, units have recently transacted around S$750k (S$430 psf, ~1,701 sqft).
What are the key facts about Mandalay Ville?
Mandalay Ville is a freehold apartment in District 11 (Novena) that obtained TOP in 1981, with 61 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1981
- Developer
- FORTUNE CAPITAL PTE LTD
- Total units
- 61
- Blocks
- 1
- District / Area
- District 11 (Novena)
- Market segment
- CCR
- Median PSF
- S$430 psf
- Last transacted
- Apr 2006
- Remaining lease
- Freehold
What is the price and PSF at Mandalay Ville?
Units have recently transacted around S$750k (S$430 psf) (URA caveat data).
Recent median price
S$750k
recent · 12 sales on record
Median PSF
S$430 psf
recent transactions
Median rent (monthly)
—
0 rentals on record
Gross rental yield
—
indicative, gross
Source: URA caveat data, through Apr 2006.
What has recently sold at Mandalay Ville?
Mandalay Ville has 12 recorded sales; the most recent transacted at S$820,000 in Apr 2006 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2006 | S$820,000 | 1,701 | S$482 psf |
| Apr 2006 | S$750,000 | 1,744 | S$430 psf |
| Apr 2006 | S$820,000 | 1,701 | S$482 psf |
| Apr 2006 | S$750,000 | 1,744 | S$430 psf |
| Apr 2006 | S$750,000 | 1,755 | S$427 psf |
| Apr 2006 | S$750,000 | 1,755 | S$427 psf |
| Apr 2006 | S$750,000 | 1,550 | S$484 psf |
| Apr 2006 | S$1,500,000 | 3,401 | S$441 psf |
| Apr 2006 | S$750,000 | 1,755 | S$427 psf |
| Jan 2006 | S$550,000 | 1,550 | S$355 psf |
| Mar 2000 | S$810,000 | 1,701 | S$476 psf |
| May 1997 | S$810,000 | 1,701 | S$476 psf |
12 sales and 0 rentals on record since May 1997. Source: URA.
How many property agents are active around Mandalay Ville?
5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Mandalay Ville 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.
Where is Mandalay Ville and what's nearby?
Mandalay Ville is located in Novena, in the Central Region of Singapore.
Mandalay Ville is a freehold apartment completed in 1981. It was developed by FORTUNE CAPITAL PTE LTD. The development has 61 residential units. It sits on a land area of 1,372 sqm and has a gross floor area of 3,842 sqm. The plot ratio is 2.8.
MANDALAY VILLE is located at 21E 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 601m away, around 9 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.
Who built Mandalay Ville and how big is the development?
Mandalay Ville was developed by FORTUNE CAPITAL PTE LTD, with 61 units.
- Developer
- FORTUNE CAPITAL PTE LTD
- Blocks
- 1
- Land area
- 1,372 sqm (14,768 sqft)
- Gross floor area
- 3,842 sqm (41,355 sqft)
- Plot ratio
- 2.80
How far is Mandalay Ville from MRT and schools?
The nearest MRT/LRT to Mandalay Ville is Novena MRT, about 601 m away (~9 min walk). 3 schools are within 1 km, including 2 primary schools.
Getting around
- Novena MRT601 m · ~9 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 priority632 m
- Northlight SchoolSecondary schoolwithin 1 km849 m
- Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority976 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
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Mandalay Ville?
Buying a unit at Mandalay Ville (~S$750k) needs about S$5,490/mo in income and S$2,526/mo in repayments, after S$17,100 stamp duty and a S$188k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$750k) 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$17,100
BSD, tiered
Downpayment (25%)
S$188k
cash + CPF
Monthly instalment
S$2,526/mo
30y @ 3.5%
Income required
S$5,490/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 →
Thinking about Mandalay Ville? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Mandalay Ville's own transactions.
PropKakiRecent units at Mandalay Ville sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Mandalay Ville
How much does a unit at Mandalay Ville cost?⌄
Units at Mandalay Ville have recently transacted around S$750k (S$430 psf), from 12 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 Ville?⌄
For a unit around S$750k as a first home, you'd need roughly S$5,490/mo in income (assessed at the stress-test rate), with repayments near S$2,526/mo after a S$188k (25%) downpayment and S$17,100 Buyer's Stamp Duty.
Is Mandalay Ville freehold or leasehold?⌄
Mandalay Ville is freehold — ownership does not expire.
When was Mandalay Ville built and who developed it?⌄
Mandalay Ville obtained TOP in 1981, developed by FORTUNE CAPITAL PTE LTD, with 61 units across 1 block.
What is the nearest MRT to Mandalay Ville?⌄
The nearest MRT/LRT station to Mandalay Ville is Novena MRT, about 601 m away (~9 min walk).
Which primary schools are within 1 km of Mandalay Ville?⌄
St. Joseph's Institution Junior, Hong Wen School are within 1 km of Mandalay Ville — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.