PropKaki
FreeholdCCRDistrict 11 (Novena)

Mandalay Ville

Reviewed by Nathan TangUpdated 20 June 2026Data through Apr 2006 (URA)
Quick Summary

Mandalay Ville is a freehold apartment in District 11 (Novena) that obtained TOP in 1981, with 61 units across 1 block. Units have recently transacted around S$750k (S$430 psf), from 12 sales on record.

1

What are the key facts about Mandalay Ville?

Key Takeaway

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
2

What is the price and PSF at Mandalay Ville?

Key Takeaway

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.

3

What has recently sold at Mandalay Ville?

Key Takeaway

Mandalay Ville has 12 recorded sales; the most recent transacted at S$820,000 in Apr 2006 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2006S$820,0001,701S$482 psf
Apr 2006S$750,0001,744S$430 psf
Apr 2006S$820,0001,701S$482 psf
Apr 2006S$750,0001,744S$430 psf
Apr 2006S$750,0001,755S$427 psf
Apr 2006S$750,0001,755S$427 psf
Apr 2006S$750,0001,550S$484 psf
Apr 2006S$1,500,0003,401S$441 psf
Apr 2006S$750,0001,755S$427 psf
Jan 2006S$550,0001,550S$355 psf
Mar 2000S$810,0001,701S$476 psf
May 1997S$810,0001,701S$476 psf

12 sales and 0 rentals on record since May 1997. Source: URA.

4

Where is Mandalay Ville and what's nearby?

Key Takeaway

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.

5

How far is Mandalay Ville from MRT and schools?

Key Takeaway

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

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

Mall: Square 2 · 556 mSupermarket: NTUC Fairprice Co-operative Ltd · 397 mHawker centre: Blks 91/92 Whampoa Drive # · 589 mPark: Novena Pk · 673 m

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

6

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

Key Takeaway

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

7

Frequently asked questions about Mandalay Ville

What is the price at Mandalay Ville?

Units at Mandalay Ville have recently transacted around S$750k (S$430 psf), from 12 sales on record (URA caveat data).

Is Mandalay Ville freehold or leasehold?

Mandalay Ville is freehold.

When was Mandalay Ville built?

Mandalay Ville obtained TOP in 1981, developed by FORTUNE CAPITAL PTE LTD.

How many units are in Mandalay Ville?

Mandalay Ville has 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.

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