FreeholdCCRDistrict 11 (Novena)

Montebleu

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

Montebleu is a freehold condominium in District 11 (Novena) that obtained TOP in 2010, with 151 units across 1 block. Across 392 transactions on record, units have recently transacted around S$1.62M (S$1,962 psf, ~807 sqft). There are 17 units for sale from S$998k to S$1.82M.

Key facts about Montebleu
TenureFreehold
TOP year2010
DeveloperSB (BLUETEAK) DEVELOPMENT PTE LTD
Units151 in 1 block
District and areaDistrict 11 · Novena · CCR
Nearest MRTNovena MRT, 790 m (~12 min walk)
Latest median psfS$1,962 psf, last 12 URA caveats to Aug 2026
1

What's for sale and for rent at Montebleu?

Key Takeaway

Montebleu has 17 units listed for sale, asking S$998k to S$1.82M (median S$1,930 psf), and 15 units for rent at a median of S$5,600 a month.

For sale

17 listings

S$998k – S$1.82M

For rent

15 listings

S$4,400 – S$8,900 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom12S$998k–S$1.82MS$1,930 psf
2-bedroom5S$1.70M–S$1.82MS$2,141 psf

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

2

What are the floor plans and unit sizes at Montebleu?

Key Takeaway

Floor plans for Montebleu aren't in PropKaki's library yet. Across 392 URA caveats, units range from 570 sqft to 2,896 sqft, and the middle half are 807 sqft to 1,475 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom570 sqft to 850 sqftS$998k · S$1,930 psf
2-bedroom806 sqft to 850 sqftS$1.70M · S$2,141 psf

Check the Floor Plan Finder for Montebleu →

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

3

What is the price and PSF at Montebleu?

Key Takeaway

Units have recently transacted around S$1.62M (S$1,962 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$1.62M

recent · 392 sales on record

Median PSF

S$1,962 psf

recent transactions

Median rent (monthly)

S$4,063

617 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$1,930 psf.

Source: URA caveat data, through Aug 2026.

4

What has recently sold at Montebleu?

Key Takeaway

Montebleu has 392 recorded sales; the most recent transacted at S$1,618,888 in Aug 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2026S$1,618,888807S$2,005 psf
Jun 2026S$1,600,000807S$1,982 psf
May 2026S$1,600,000807S$1,982 psf
Mar 2026S$2,400,0001,227S$1,956 psf
Oct 2025S$1,600,000807S$1,982 psf
Aug 2025S$1,650,000807S$2,044 psf
Jul 2025S$1,668,000850S$1,962 psf
Jul 2025S$2,350,0001,227S$1,915 psf
Mar 2025S$1,068,000570S$1,872 psf
Jan 2025S$1,700,000850S$1,999 psf
Dec 2024S$1,560,000807S$1,932 psf
Nov 2024S$1,660,000850S$1,952 psf

392 sales and 617 rentals on record since Mar 2007. Source: URA.

5

Are prices at Montebleu rising?

Key Takeaway

The median transacted PSF at Montebleu has risen 33% over the past 9 years (20172026), from S$1,491 psf to S$1,982 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,982 psfS$1.60M4+1.0%
2025S$1,962 psfS$1.65M6-2.2%
2024S$2,007 psfS$1.66M8+3.1%
2023S$1,946 psfS$2.22M2+14.3%
2022S$1,702 psfS$1.52M4+4.3%
2021S$1,632 psfS$1.51M19+6.0%
2020S$1,540 psfS$1.89M5-5.0%
2019S$1,621 psfS$1.45M8+1.1%
2018S$1,604 psfS$1.43M9+7.6%
2017S$1,491 psfS$1.29M8

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

6

Is Montebleu a good investment?

Key Takeaway

Of 228 units at Montebleu that were bought and later resold (bought from 2007, resold up to 2026), 81% sold for more than they were bought for, with a median gain of 20% over a median 3.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

81%

of 228 resales here

Median gain

20%

gross, before costs

Median hold

3.0 years

bought to resold

Every unit at Montebleu 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 Montebleu and what's nearby?

Key Takeaway

Montebleu is located in Novena, in the Central Region of Singapore.

Montebleu is a freehold condominium completed in 2010. It was developed by SB (BLUETEAK) DEVELOPMENT PTE LTD. The development has 151 residential units. It sits on a land area of 5,337 sqm and has a gross floor area of 14,943 sqm. The plot ratio is 2.8.

MONTEBLEU is located at 8 Minbu Road, Singapore 308162. 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 790m 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 Barbeque Area, Gymnasium room, Jacuzzi, Playground, 24 hours security, and Swimming pool.

8

How far is Montebleu from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Montebleu is Novena MRT, about 790 m away (~12 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.

  • Northlight SchoolSecondary schoolwithin 1 km817 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority837 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority867 m
  • Bendemeer Secondary SchoolSecondary school1.2 km
  • Chij Secondary (Toa Payoh)Secondary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • Chij Primary (Toa Payoh)Primary school1.4 km
  • Kheng Cheng SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 743 mSupermarket: NTUC Fairprice Co-operative Ltd · 192 mHawker centre: Blks 91/92 Whampoa Drive # · 443 mPark: Toa Payoh Town Pk · 791 m

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

9

Who built Montebleu and how big is the development?

Key Takeaway

Montebleu was developed by SB (BLUETEAK) DEVELOPMENT PTE LTD, designed by AXIS ARCHITECTS PLANNERS, with 151 units.

Developer
SB (BLUETEAK) DEVELOPMENT PTE LTD
Architect
AXIS ARCHITECTS PLANNERS
Main contractor
SOIL-BUILD PTE LTD
Blocks
1
Land area
5,337 sqm (57,447 sqft)
Gross floor area
14,943 sqm (160,845 sqft)
Plot ratio
2.80
10

What facilities does Montebleu have?

Key Takeaway

Montebleu has 7 facilities, including Barbeque Area, Gymnasium room, Jacuzzi, Playground, and more.

Barbeque AreaGymnasium roomJacuzziPlayground24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at Montebleu?

Key Takeaway

Buying a unit at Montebleu (~S$1.62M) needs about S$11,851/mo in income and S$5,452/mo in repayments, after S$50,544 stamp duty and a S$405k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.62M) 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$50,544

BSD, tiered

Downpayment (25%)

S$405k

cash + CPF

Monthly instalment

S$5,452/mo

30y @ 3.5%

Income required

S$11,851/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Montebleu?

Key Takeaway

5,863 CEA-registered agents closed at least one recorded deal in District 11 — where Montebleu 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 Montebleu? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Montebleu

Is Montebleu freehold?

Yes. Montebleu is freehold, so ownership does not run out.

How old is Montebleu?

Montebleu was completed (obtained TOP) in 2010, so it is about 16 years old.

Is Montebleu a good investment?

Of 228 units at Montebleu that were bought and later resold (bought from 2007, resold up to 2026), 81% sold for more than they were bought for, with a median gain of 20% over a median 3.0-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Past resale results don't predict future returns, and this is not financial advice.

Is Montebleu an EC?

No. Montebleu is a private condominium, not an executive condominium (EC).

Who is the developer of Montebleu?

Montebleu was developed by SB (BLUETEAK) DEVELOPMENT PTE LTD.

What is the price of a condo at Montebleu?

Units at Montebleu have recently sold for around S$1.62M (S$1,962 psf), the median of the last 12 URA caveats to Aug 2026. The price depends on size, floor and facing. 17 units are listed for sale from S$998k to S$1.82M.

Where is Montebleu located?

Montebleu is at 8 Minbu Road, Singapore 308162, in Novena (District 11). The nearest MRT station is Novena MRT, about 790 m away.

How many units are there in Montebleu?

Montebleu has 151 units in 1 block.

How much do I need to earn to buy at Montebleu?

For a unit around S$1.62M as a first home, you'd need roughly S$11,851/mo in income (assessed at the stress-test rate), with repayments near S$5,452/mo after a S$405k (25%) downpayment and S$50,544 Buyer's Stamp Duty.

Are prices at Montebleu going up?

The median price per square foot at Montebleu has risen about 33% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Montebleu?

St. Joseph's Institution Junior, Hong Wen School are within 1 km of Montebleu. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.