FreeholdRCRDistrict 5 (Queenstown)

Murano

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

Murano is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2008, with 50 units across 3 blocks. Across 98 transactions on record, units have recently transacted around S$1.33M (S$1,231 psf, ~861 sqft). There are 8 units for sale from S$1.00M to S$1.73M.

Key facts about Murano
TenureFreehold
TOP year2008
DeveloperNOVELTY GLOBAL PTE LTD
Units50 in 3 blocks
District and areaDistrict 5 · Queenstown · RCR
Latest median psfS$1,231 psf, last 12 URA caveats to Aug 2025
1

What's for sale and for rent at Murano?

Key Takeaway

Murano has 8 units listed for sale, asking S$1.00M to S$1.73M (median S$1,575 psf), and 4 units for rent at a median of S$1,350 a month.

For sale

8 listings

S$1.00M – S$1.73M

For rent

4 listings

S$1,300 – S$4,650 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom3S$1.00M–S$1.00MS$1,575 psf
3-bedroom5S$1.65M–S$1.73MS$1,640 psf

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

2

What are the floor plans and unit sizes at Murano?

Key Takeaway

Floor plans for Murano aren't in PropKaki's library yet. Across 98 URA caveats, units range from 635 sqft to 2,045 sqft, and the middle half are 861 sqft to 1,550 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom635 sqftS$1.00M · S$1,575 psf
3-bedroom1,055 sqft to 1,066 sqftS$1.65M · S$1,640 psf

Check the Floor Plan Finder for Murano →

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

3

What is the price and PSF at Murano?

Key Takeaway

Units have recently transacted around S$1.33M (S$1,231 psf), at a gross rental yield of about 3.0% (URA caveat data).

Recent median price

S$1.33M

recent · 98 sales on record

Median PSF

S$1,231 psf

recent transactions

Median rent (monthly)

S$3,324

225 rentals on record

Gross rental yield

3.0%

indicative, gross

Units currently for sale are asking a median of S$1,575 psf — about 28% above the most recent transacted PSF.

Source: URA caveat data, through Aug 2025.

4

What has recently sold at Murano?

Key Takeaway

Murano has 98 recorded sales; the most recent transacted at S$1,331,888 in Aug 2025 (URA caveat data).

DatePriceSize (sqft)PSF
Aug 2025S$1,331,888861S$1,547 psf
Apr 2025S$1,690,0001,055S$1,602 psf
Feb 2024S$1,550,0001,066S$1,455 psf
Jan 2024S$1,300,000861S$1,510 psf
Feb 2023S$1,388,8881,055S$1,317 psf
Jul 2022S$2,108,8882,045S$1,031 psf
Aug 2021S$1,080,000861S$1,254 psf
Apr 2021S$1,600,0001,550S$1,032 psf
Feb 2021S$1,700,0001,550S$1,097 psf
Nov 2020S$1,043,000861S$1,211 psf
Dec 2019S$1,060,000861S$1,231 psf
Aug 2019S$700,000635S$1,102 psf

98 sales and 225 rentals on record since Mar 2006. Source: URA.

5

Are prices at Murano rising?

Key Takeaway

The median transacted PSF at Murano has risen 106% over the past 17 years (20082025), from S$751 psf to S$1,547 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,547 psfS$1.33M2+6.3%
2024S$1,455 psfS$1.30M2+32.6%
2021S$1,097 psfS$1.60M3-0.5%
2019S$1,102 psfS$1.06M3-13.0%
2013S$1,267 psfS$1.35M2+13.2%
2012S$1,119 psfS$1.18M5+15.7%
2011S$967 psfS$995k8+4.1%
2010S$929 psfS$980k2+24.2%
2009S$748 psfS$930k7-0.4%
2008S$751 psfS$710k4

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

6

Is Murano a good investment?

Key Takeaway

Of 49 units at Murano that were bought and later resold (bought from 2006, resold up to 2025), 100% sold for more than they were bought for, with a median gain of 40% over a median 4.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Units listed now ask about 28% 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 49 resales here

Median gain

40%

gross, before costs

Median hold

4.6 years

bought to resold

Every unit at Murano 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 Murano and what's nearby?

Key Takeaway

Murano is located in Queenstown, in the Central Region of Singapore.

Murano is a freehold apartment completed in 2008. It was developed by NOVELTY GLOBAL PTE LTD. The development has 50 residential units. It sits on a land area of 3,054 sqm and has a gross floor area of 4,275 sqm. The plot ratio is 1.4.

MURANO is located at 349 Pasir Panjang Road, Singapore 117484. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Haw Par Villa MRT Exit A, approximately 997m away, around 16 minutes on foot. Nearby amenities include West Coast Plaza for shopping. Facilities in the development include Barbeque Area, Covered car park, Gymnasium room, Playground, 24 hours security, and Swimming pool.

8

How far is Murano from MRT and schools?

Key Takeaway

Schools nearby

  • Fairfield Methodist School (Primary)Primary school1.7 km
  • Fairfield Methodist School (Secondary)Secondary school1.7 km
  • Anglo-Chinese School (Independent)Mixed-level school1.7 km
  • Kent Ridge Secondary SchoolSecondary school1.8 km
  • Anglo-Chinese Junior CollegeJunior college1.9 km
  • Nus High School Of Mathematics And ScienceMixed-level school2.0 km

Shops, food & parks

Mall: West Coast Plaza · 1.9 km

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

9

Who built Murano and how big is the development?

Key Takeaway

Murano was developed by NOVELTY GLOBAL PTE LTD, designed by JGP ARCHITECTURE (S) PTE LTD, with 50 units.

Developer
NOVELTY GLOBAL PTE LTD
Architect
JGP ARCHITECTURE (S) PTE LTD
Main contractor
NOVELTY BUILDERS PTE LTD
Blocks
3
Land area
3,054 sqm (32,873 sqft)
Gross floor area
4,275 sqm (46,016 sqft)
Plot ratio
1.40
10

What facilities does Murano have?

Key Takeaway

Murano has 7 facilities, including Barbeque Area, Covered car park, Gymnasium room, Playground, and more.

Barbeque AreaCovered car parkGymnasium roomPlayground24 hours securitySwimming poolWading pool
11

What does it cost to own a unit at Murano?

Key Takeaway

Buying a unit at Murano (~S$1.33M) needs about S$9,750/mo in income and S$4,486/mo in repayments, after S$37,876 stamp duty and a S$333k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.33M) 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$37,876

BSD, tiered

Downpayment (25%)

S$333k

cash + CPF

Monthly instalment

S$4,486/mo

30y @ 3.5%

Income required

S$9,750/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Murano?

Key Takeaway

8,573 CEA-registered agents closed at least one recorded deal in District 5 — where Murano sits — in the last 12 months, across all property types.

Active agents · 12mo

8,573

District 5 · closed ≥1 deal

Deals on record

46,751

all-time · all property types

Source: CEA public transaction records, attributed to District 5 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 Murano? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Murano

Is Murano freehold?

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

How old is Murano?

Murano was completed (obtained TOP) in 2008, so it is about 18 years old.

Is Murano a good investment?

Of 49 units at Murano that were bought and later resold (bought from 2006, resold up to 2025), 100% sold for more than they were bought for, with a median gain of 40% over a median 4.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 3.0%. Units listed now ask about 28% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Murano an EC?

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

Who is the developer of Murano?

Murano was developed by NOVELTY GLOBAL PTE LTD.

What is the price of a condo at Murano?

Units at Murano have recently sold for around S$1.33M (S$1,231 psf), the median of the last 12 URA caveats to Aug 2025. The price depends on size, floor and facing. 8 units are listed for sale from S$1.00M to S$1.73M.

Where is Murano located?

Murano is at 349 Pasir Panjang Road, Singapore 117484, in Queenstown (District 5).

How many units are there in Murano?

Murano has 50 units in 3 blocks.

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

For a unit around S$1.33M as a first home, you'd need roughly S$9,750/mo in income (assessed at the stress-test rate), with repayments near S$4,486/mo after a S$333k (25%) downpayment and S$37,876 Buyer's Stamp Duty.

Are prices at Murano going up?

The median price per square foot at Murano has risen about 106% between 2008 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.