FreeholdCCRDistrict 11 (Novena)

Minbu Court

Reviewed by Nathan TangUpdated 24 September 2026Data through Jul 2025 (URA)
Quick Summary

Minbu Court is a freehold apartment in District 11 (Novena) that obtained TOP in 1986, with 27 units across 1 block. Across 26 transactions on record, units have recently transacted around S$1.50M (S$1,086 psf, ~1,270 sqft). There are 8 units for sale from S$1.83M to S$3.30M.

Key facts about Minbu Court
TenureFreehold
TOP year1986
Units27 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNovena MRT, 756 m (~12 min walk)
Latest median psfS$1,086 psf, last 12 URA caveats to Jul 2025
1

What's for sale and for rent at Minbu Court?

Key Takeaway

Minbu Court has 8 units listed for sale, asking S$1.83M to S$3.30M (median S$1,657 psf), and 2 units for rent at a median of S$2,350 a month.

For sale

8 listings

S$1.83M – S$3.30M

For rent

2 listings

S$2,350 – S$2,350 a month

BedroomsFor saleAsking priceMedian PSF
2-bedroom2S$1.83M–S$1.83M
4-bedroom6S$3.30M–S$3.30MS$1,657 psf

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Minbu Court?

Key Takeaway

Floor plans for Minbu Court aren't in PropKaki's library yet. Across 26 URA caveats, units range from 990 sqft to 2,454 sqft, and the middle half are 1,184 sqft to 1,991 sqft.

Unit typeSizes listed for saleAsking from
2-bedroom1,184 sqftS$1.83M
4-bedroom1,991 sqftS$3.30M · S$1,657 psf

Check the Floor Plan Finder for Minbu Court →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Minbu Court?

Key Takeaway

Units have recently transacted around S$1.50M (S$1,086 psf), at a gross rental yield of about 2.0% (URA caveat data).

Recent median price

S$1.50M

recent · 26 sales on record

Median PSF

S$1,086 psf

recent transactions

Median rent (monthly)

S$2,451

70 rentals on record

Gross rental yield

2.0%

indicative, gross

Units currently for sale are asking a median of S$1,657 psf — about 53% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2025.

4

What has recently sold at Minbu Court?

Key Takeaway

Minbu Court has 26 recorded sales; the most recent transacted at S$1,350,000 in Jul 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2025S$1,350,000990S$1,363 psf
Jul 2023S$1,820,0001,270S$1,433 psf
Jun 2023S$1,858,0001,270S$1,463 psf
Jan 2018S$1,500,0001,270S$1,181 psf
Dec 2017S$1,500,0001,270S$1,181 psf
Oct 2017S$1,740,0001,636S$1,063 psf
Aug 2016S$1,750,0001,991S$879 psf
Mar 2016S$1,770,0001,991S$889 psf
Nov 2012S$1,080,000990S$1,091 psf
Oct 2012S$1,380,0001,270S$1,086 psf
Apr 2010S$935,0001,270S$736 psf
Feb 2010S$1,350,0001,636S$825 psf

26 sales and 70 rentals on record since Jul 1995. Source: URA.

5

Are prices at Minbu Court rising?

Key Takeaway

The median transacted PSF at Minbu Court has risen 197% over the past 27 years (19962023), from S$482 psf to S$1,433 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,433 psfS$1.82M2+34.8%
2017S$1,063 psfS$1.50M2+20.9%
2016S$879 psfS$1.75M2-19.1%
2012S$1,086 psfS$1.08M2+47.6%
2010S$736 psfS$935k2-0.9%
2009S$743 psfS$830k2+5.4%
2008S$705 psfS$698k2+62.4%
2007S$434 psfS$710k2-15.2%
1999S$512 psfS$668k3+6.2%
1996S$482 psfS$675k2

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

6

Is Minbu Court a good investment?

Key Takeaway

Of 11 units at Minbu Court that were bought and later resold (bought from 1996, resold up to 2023), 100% sold for more than they were bought for, with a median gain of 29% over a median 5.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 53% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

100%

of 11 resales here

Median gain

29%

gross, before costs

Median hold

5.5 years

bought to resold

Every unit at Minbu Court with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Minbu Court and what's nearby?

Key Takeaway

Minbu Court is located in Novena, in the Central Region of Singapore.

Minbu Court is a freehold apartment completed in 1986. The development has 27 residential units. It sits on a land area of 3,570 sqm and has a gross floor area of 9,996 sqm. The plot ratio is 2.8.

MINBU COURT is located at 54 Minbu Road, Singapore 308184. 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 756m away, around 12 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 Toa Payoh Town Pk for greenery and recreation. Facilities in the development include Covered car park.

8

How far is Minbu Court from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Minbu Court is Novena MRT, about 756 m away (~12 min walk). 2 schools are within 1 km, including 1 primary school.

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 priority916 m
  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km961 m
  • Northlight SchoolSecondary school1.1 km
  • Chij Primary (Toa Payoh)Primary school1.1 km
  • Hong Wen SchoolPrimary school1.1 km
  • Kheng Cheng SchoolPrimary school1.3 km
  • Bendemeer Secondary SchoolSecondary school1.4 km
  • Farrer Park Primary SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 709 mSupermarket: NTUC Fairprice Co-operative Ltd · 271 mHawker centre: Blks 91/92 Whampoa Drive # · 672 mPark: Toa Payoh Town Pk · 567 m

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

9

Who built Minbu Court and how big is the development?

Key Takeaway

Minbu Court was developed by , with 27 units.

Blocks
1
Land area
3,570 sqm (38,427 sqft)
Gross floor area
9,996 sqm (107,596 sqft)
Plot ratio
2.80
10

What facilities does Minbu Court have?

Key Takeaway

Minbu Court has 1 facility, including Covered car park.

Covered car park
11

What does it cost to own a unit at Minbu Court?

Key Takeaway

Buying a unit at Minbu Court (~S$1.50M) needs about S$10,980/mo in income and S$5,052/mo in repayments, after S$44,600 stamp duty and a S$375k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.50M) 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$44,600

BSD, tiered

Downpayment (25%)

S$375k

cash + CPF

Monthly instalment

S$5,052/mo

30y @ 3.5%

Income required

S$10,980/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Minbu Court?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Minbu Court 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 11 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Minbu Court? Ask before you commit.

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

PropKaki
Is Minbu Court a good buy, and what are units selling for?

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

Ask anything about Singapore property…
13

Frequently asked questions about Minbu Court

Is Minbu Court freehold?

Yes. Minbu Court is freehold, so ownership does not run out.

How old is Minbu Court?

Minbu Court was completed (obtained TOP) in 1986, so it is about 40 years old.

Is Minbu Court a good investment?

Of 11 units at Minbu Court that were bought and later resold (bought from 1996, resold up to 2023), 100% sold for more than they were bought for, with a median gain of 29% over a median 5.5-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.0%. Units listed now ask about 53% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Minbu Court an EC?

No. Minbu Court is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Minbu Court?

Units at Minbu Court have recently sold for around S$1.50M (S$1,086 psf), the median of the last 12 URA caveats to Jul 2025. The price depends on size, floor and facing. 8 units are listed for sale from S$1.83M to S$3.30M.

Where is Minbu Court located?

Minbu Court is at 54 Minbu Road, Singapore 308184, in Novena (District 11). The nearest MRT station is Novena MRT, about 756 m away.

How many units are there in Minbu Court?

Minbu Court has 27 units in 1 block.

How much do I need to earn to buy at Minbu Court?

For a unit around S$1.50M as a first home, you'd need roughly S$10,980/mo in income (assessed at the stress-test rate), with repayments near S$5,052/mo after a S$375k (25%) downpayment and S$44,600 Buyer's Stamp Duty.

Are prices at Minbu Court going up?

The median price per square foot at Minbu Court has risen about 197% between 1996 and 2023, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Minbu Court?

St. Joseph's Institution Junior is within 1 km of Minbu Court. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.