FreeholdCCRDistrict 11 (Novena)

Montebleu

Reviewed by Nathan TangUpdated 10 August 2026Data through Jun 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 391 transactions on record, units have recently transacted around S$1.60M (S$1,956 psf, ~807 sqft). There are 14 units for sale from S$1.05M to S$1.75M.

1

What are the key facts about Montebleu?

Key Takeaway

Montebleu is a freehold condominium in District 11 (Novena) that obtained TOP in 2010, with 151 units across 1 block.

Tenure
Freehold
TOP / Completion
2010
Developer
SB (BLUETEAK) DEVELOPMENT PTE LTD
Total units
151
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,956 psf
Last transacted
Jun 2026
Remaining lease
Freehold
2

What is the price and PSF at Montebleu?

Key Takeaway

Units have recently transacted around S$1.60M (S$1,956 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$1.60M

recent · 391 sales on record

Median PSF

S$1,956 psf

recent transactions

Median rent (monthly)

S$4,056

614 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$2,035 psf — about 4% above the most recent transacted PSF.

Source: URA caveat data, through Jun 2026.

3

What has recently sold at Montebleu?

Key Takeaway

Montebleu has 391 recorded sales; the most recent transacted at S$1,600,000 in Jun 2026 (URA caveat data).

DatePriceSize (sqft)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
Nov 2024S$1,600,000850S$1,882 psf

391 sales and 614 rentals on record since Mar 2007. Source: URA.

4

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$1.60M3+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.

5

How many property agents are active around Montebleu?

Key Takeaway

5,862 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

5,862

District 11 · closed ≥1 deal

Deals on record

30,333

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.

6

What bedroom types are available at Montebleu?

Key Takeaway

Montebleu has 14 units listed for sale, spanning 1–2-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom12S$1.05M–S$1.18MS$2,035 psf
2-bedroom2S$1.70M–S$1.75M
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

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
9

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.

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$1.60M) needs about S$11,712/mo in income and S$5,389/mo in repayments, after S$49,600 stamp duty and a S$400k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.60M) 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$49,600

BSD, tiered

Downpayment (25%)

S$400k

cash + CPF

Monthly instalment

S$5,389/mo

30y @ 3.5%

Income required

S$11,712/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 →

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…
12

Frequently asked questions about Montebleu

How much does a unit at Montebleu cost?

Units at Montebleu have recently transacted around S$1.60M (S$1,956 psf), from 391 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$1.60M as a first home, you'd need roughly S$11,712/mo in income (assessed at the stress-test rate), with repayments near S$5,389/mo after a S$400k (25%) downpayment and S$49,600 Buyer's Stamp Duty.

Is Montebleu a good investment?

Gross rental yield is about 3.0%, and current asking prices sit about 4% above the most recent transacted PSF; median PSF has risen about 33% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Are prices at Montebleu going up?

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

Is Montebleu freehold or leasehold?

Montebleu is freehold — ownership does not expire.

When was Montebleu built and who developed it?

Montebleu obtained TOP in 2010, developed by SB (BLUETEAK) DEVELOPMENT PTE LTD, with 151 units across 1 block.

How many units are for sale at Montebleu?

There are 14 units for sale at Montebleu, from S$1.05M to S$1.75M.

What is the nearest MRT to Montebleu?

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

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 qualify for Primary 1 (P1) registration priority.

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