FreeholdRCRDistrict 5 (Queenstown)

Murano

Reviewed by Nathan TangUpdated 10 August 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 7 units for sale from S$1.00M to S$1.73M.

1

What are the key facts about Murano?

Key Takeaway

Murano is a freehold apartment in District 5 (Queenstown) that obtained TOP in 2008, with 50 units across 3 blocks.

Tenure
Freehold
TOP / Completion
2008
Developer
NOVELTY GLOBAL PTE LTD
Total units
50
Blocks
3
District / Area
District 5 (Queenstown)
Market segment
RCR
Median PSF
S$1,231 psf
Last transacted
Aug 2025
Remaining lease
Freehold
2

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$3,292

219 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.

3

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 219 rentals on record since Mar 2006. Source: URA.

4

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.

5

How many property agents are active around Murano?

Key Takeaway

8,572 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

8,572

District 5 · closed ≥1 deal

Deals on record

46,728

all-time · all property types

Source: CEA public transaction records, attributed to District 5across 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 Murano?

Key Takeaway

Murano has 7 units listed for sale, spanning 1–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
1-bedroom3S$1.00M–S$1.00MS$1,575 psf
3-bedroom4S$1.70M–S$1.73M
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

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
9

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.

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

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 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…
12

Frequently asked questions about Murano

How much does a unit at Murano cost?

Units at Murano have recently transacted around S$1.33M (S$1,231 psf), from 98 sales on record (URA caveats). The exact price depends on size, floor and facing.

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.

Is Murano a good investment?

Gross rental yield is about 3.0%, and current asking prices sit about 28% above the most recent transacted PSF; median PSF has risen about 106% since 2008. 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 Murano going up?

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

Is Murano freehold or leasehold?

Murano is freehold — ownership does not expire.

When was Murano built and who developed it?

Murano obtained TOP in 2008, developed by NOVELTY GLOBAL PTE LTD, with 50 units across 3 blocks.

How many units are for sale at Murano?

There are 7 units for sale at Murano, from S$1.00M to S$1.73M.

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