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).
| Tenure | Freehold |
|---|---|
| TOP year | 1981 |
| Developer | FORTUNE CAPITAL PTE LTD |
| Units | 61 in 1 block |
| District and area | District 11 · Novena · CCR |
| Nearest MRT | Novena MRT, 601 m (~9 min walk) |
| Latest median psf | S$430 psf, last 12 URA caveats to Apr 2006 |
What's for sale and for rent at Mandalay Ville?
No units at Mandalay Ville are listed for sale or for rent on the property portals PropKaki tracks right now.
Recorded sale prices are in the sections below. Search listings across Singapore →
What are the floor plans and unit sizes at Mandalay Ville?
Floor plans for Mandalay Ville aren't in PropKaki's library yet. Across 12 URA caveats, units range from 1,550 sqft to 3,401 sqft, and the middle half are 1,701 sqft to 1,755 sqft.
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$750,000 in Apr 2006 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Apr 2006 | S$750,000 | 1,744 | S$430 psf |
| Apr 2006 | S$750,000 | 1,744 | S$430 psf |
| Apr 2006 | S$820,000 | 1,701 | S$482 psf |
| Apr 2006 | S$820,000 | 1,701 | S$482 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.
Is Mandalay Ville a good investment?
Mandalay Ville has no resales on record yet, so it has no track record of its own. Across District 11, 85% of 10,732 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 24% over a median 5.8-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.
District 11 sold for more
85%
of 10,732 private resales
Median gain
24%
gross, before costs
Median hold
5.8 years
bought to resold
Mandalay Ville has fewer than 10 matched resales, so the figures are for District 11 as a whole. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around Mandalay Ville?
6,366 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
6,366
District 11 · closed ≥1 deal
Deals on record
31,498
all-time · all property types
Source: CEA public transaction records, attributed to District 11 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
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
Is Mandalay Ville freehold?⌄
Yes. Mandalay Ville is freehold, so ownership does not run out.
How old is Mandalay Ville?⌄
Mandalay Ville was completed (obtained TOP) in 1981, so it is about 45 years old.
Is Mandalay Ville a good investment?⌄
Mandalay Ville has no resales on record yet, so it has no track record of its own. Across District 11, 85% of 10,732 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 24% over a median 5.8-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.
Is Mandalay Ville an EC?⌄
No. Mandalay Ville is a private apartment development, not an executive condominium (EC).
Who is the developer of Mandalay Ville?⌄
Mandalay Ville was developed by FORTUNE CAPITAL PTE LTD.
What is the price of a condo at Mandalay Ville?⌄
Units at Mandalay Ville have recently sold for around S$750k (S$430 psf), the median of the last 12 URA caveats to Apr 2006. The price depends on size, floor and facing.
Where is Mandalay Ville located?⌄
Mandalay Ville is at 21E Mandalay Road, Singapore 308208, in Novena (District 11). The nearest MRT station is Novena MRT, about 601 m away.
How many units are there in Mandalay Ville?⌄
Mandalay Ville has 61 units in 1 block.
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.
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 get priority in Primary 1 (P1) registration.