FreeholdRCRDistrict 12 (Novena)

Monville Mansions

Reviewed by Nathan TangUpdated 10 August 2026Data through Apr 2025 (URA)
Quick Summary

Monville Mansions is a freehold apartment in District 12 (Novena) that obtained TOP in 1994, with 22 units across 1 block. Across 26 transactions on record, units have recently transacted around S$650k (S$403 psf, ~1,615 sqft).

1

What are the key facts about Monville Mansions?

Key Takeaway

Monville Mansions is a freehold apartment in District 12 (Novena) that obtained TOP in 1994, with 22 units across 1 block.

Tenure
Freehold
TOP / Completion
1994
Developer
Total units
22
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$403 psf
Last transacted
Apr 2025
Remaining lease
Freehold
2

What is the price and PSF at Monville Mansions?

Key Takeaway

Units have recently transacted around S$650k (S$403 psf), at a gross rental yield of about 5.4% (URA caveat data).

Recent median price

S$650k

recent · 26 sales on record

Median PSF

S$403 psf

recent transactions

Median rent (monthly)

S$2,922

119 rentals on record

Gross rental yield

5.4%

indicative, gross

Source: URA caveat data, through Apr 2025.

3

What has recently sold at Monville Mansions?

Key Takeaway

Monville Mansions has 26 recorded sales; the most recent transacted at S$1,830,000 in Apr 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2025S$1,830,0001,615S$1,133 psf
Jan 2018S$1,412,0001,615S$875 psf
Apr 2014S$1,375,1001,615S$852 psf
Nov 2012S$1,500,0001,615S$929 psf
Jul 2009S$780,0001,615S$483 psf
Jun 2009S$815,0001,615S$505 psf
Mar 2009S$650,0001,615S$403 psf
Mar 2007S$593,9001,615S$368 psf
Jul 2006S$572,0001,615S$354 psf
Apr 2006S$535,0001,615S$331 psf
May 2005S$500,0001,615S$310 psf
Apr 2004S$480,0001,615S$297 psf

26 sales and 119 rentals on record since Apr 1995. Source: URA.

4

Are prices at Monville Mansions rising?

Key Takeaway

The median transacted PSF at Monville Mansions has fallen 4% over the past 14 years (19952009), from S$503 psf to S$483 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2009S$483 psfS$780k3+45.9%
2006S$331 psfS$535k2-4.6%
2004S$347 psfS$560k3-17.6%
1999S$421 psfS$680k2-21.9%
1996S$539 psfS$885k4+7.2%
1995S$503 psfS$830k3

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 Monville Mansions?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Monville Mansions sits — in the last 12 months, across all property types.

Active agents · 12mo

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

all-time · all property types

Source: CEA public transaction records, attributed to District 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

6

Where is Monville Mansions and what's nearby?

Key Takeaway

Monville Mansions is located in Novena, in the Central Region of Singapore.

Monville Mansions is a freehold apartment completed in 1994. The development has 22 residential units. It sits on a land area of 1,312 sqm and has a gross floor area of 3,937 sqm. The plot ratio is 3.0.

MONVILLE MANSIONS is located at 530 Balestier Road, Singapore 329857. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Toa Payoh MRT, approximately 646m away, around 10 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, and Novena Rise Pk for greenery and recreation. Facilities in the development include Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, 24 hours security, and Swimming pool.

7

Who built Monville Mansions and how big is the development?

Key Takeaway

Monville Mansions was developed by , with 22 units.

Blocks
1
Land area
1,312 sqm (14,122 sqft)
Gross floor area
3,937 sqm (42,377 sqft)
Plot ratio
3.00
8

How far is Monville Mansions from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Monville Mansions is Toa Payoh MRT, about 646 m away (~10 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.

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km640 m
  • Chij Primary (Toa Payoh)Primary schoolwithin 1 km · P1 priority743 m
  • St. Joseph's Institution JuniorPrimary school1.0 km
  • Kheng Cheng SchoolPrimary school1.1 km
  • Catholic Junior CollegeJunior college1.2 km
  • Anglo-Chinese School (Barker Road)Secondary school1.4 km
  • Northlight SchoolSecondary school1.4 km
  • Anglo-Chinese School (Primary)Primary school1.5 km

Shops, food & parks

Mall: Square 2 · 734 mSupermarket: NTUC Fairprice Co-operative Ltd · 109 mPark: Novena Rise Pk · 409 m

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

9

What facilities does Monville Mansions have?

Key Takeaway

Monville Mansions has 6 facilities, including Barbeque Area, Basement car park, Gymnasium room, Jacuzzi, and more.

Barbeque AreaBasement car parkGymnasium roomJacuzzi24 hours securitySwimming pool
10

What does it cost to own a unit at Monville Mansions?

Key Takeaway

Buying a unit at Monville Mansions (~S$650k) needs about S$4,758/mo in income and S$2,189/mo in repayments, after S$14,100 stamp duty and a S$163k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$650k) 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$14,100

BSD, tiered

Downpayment (25%)

S$163k

cash + CPF

Monthly instalment

S$2,189/mo

30y @ 3.5%

Income required

S$4,758/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 Monville Mansions? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Monville Mansions

How much does a unit at Monville Mansions cost?

Units at Monville Mansions have recently transacted around S$650k (S$403 psf), from 26 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Monville Mansions?

For a unit around S$650k as a first home, you'd need roughly S$4,758/mo in income (assessed at the stress-test rate), with repayments near S$2,189/mo after a S$163k (25%) downpayment and S$14,100 Buyer's Stamp Duty.

Is Monville Mansions a good investment?

Gross rental yield is about 5.4%; median PSF has fallen about 4% since 1995. 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 Monville Mansions going up?

The median transacted PSF at Monville Mansions has fallen about 4% between 1995 and 2009, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Monville Mansions freehold or leasehold?

Monville Mansions is freehold — ownership does not expire.

When was Monville Mansions built and who developed it?

Monville Mansions obtained TOP in 1994, with 22 units across 1 block.

What is the nearest MRT to Monville Mansions?

The nearest MRT/LRT station to Monville Mansions is Toa Payoh MRT, about 646 m away (~10 min walk).

Which primary schools are within 1 km of Monville Mansions?

Chij Primary (Toa Payoh) is within 1 km of Monville Mansions — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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