FreeholdRCRDistrict 12 (Novena)

Prospect Mansion

Reviewed by Nathan TangUpdated 10 August 2026Data through Sept 1999 (URA)
Quick Summary

Prospect Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 2005, with 48 units across 3 blocks. Across 14 transactions on record, units have recently transacted around S$900k (S$812 psf, ~1,109 sqft).

1

What are the key facts about Prospect Mansion?

Key Takeaway

Prospect Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 2005, with 48 units across 3 blocks.

Tenure
Freehold
TOP / Completion
2005
Developer
GOODVAL INVESTMENTS PTE LTD
Total units
48
Blocks
3
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$812 psf
Last transacted
Sept 1999
Remaining lease
Freehold
2

What is the price and PSF at Prospect Mansion?

Key Takeaway

Units have recently transacted around S$900k (S$812 psf) (URA caveat data).

Recent median price

S$900k

recent · 14 sales on record

Median PSF

S$812 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Source: URA caveat data, through Sept 1999.

3

What has recently sold at Prospect Mansion?

Key Takeaway

Prospect Mansion has 14 recorded sales; the most recent transacted at S$900,000 in Sept 1999 (URA caveat data).

DatePriceSize (sqft)PSF
Sept 1999S$900,0001,109S$812 psf
Sept 1999S$900,0001,109S$812 psf
Sept 1999S$900,0001,346S$669 psf
Sept 1999S$900,0001,346S$669 psf
Sept 1999S$900,0001,109S$812 psf
Sept 1999S$900,0001,109S$812 psf
Sept 1999S$900,0001,346S$669 psf
Sept 1999S$900,0001,109S$812 psf
Sept 1999S$900,0001,109S$812 psf
Sept 1999S$900,0001,346S$669 psf
Sept 1999S$900,0001,109S$812 psf
Aug 1999S$880,0001,109S$794 psf

14 sales and 0 rentals on record since Apr 1995. Source: URA.

4

How many property agents are active around Prospect Mansion?

Key Takeaway

6,316 CEA-registered agents closed at least one recorded deal in District 12 — where Prospect Mansion 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.

5

Where is Prospect Mansion and what's nearby?

Key Takeaway

Prospect Mansion is located in Novena, in the Central Region of Singapore.

Prospect Mansion is a freehold apartment completed in 2005. It was developed by GOODVAL INVESTMENTS PTE LTD. The development has 48 residential units. It sits on a land area of 5,484 sqm and has a gross floor area of 15,354 sqm. The plot ratio is 2.8.

PROSPECT MANSION is located at 12A Lorong Limau, Singapore 328741. 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 Boon Keng MRT, approximately 953m away, around 15 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 Mar Thoma Road Park for greenery and recreation.

6

Who built Prospect Mansion and how big is the development?

Key Takeaway

Prospect Mansion was developed by GOODVAL INVESTMENTS PTE LTD, with 48 units.

Developer
GOODVAL INVESTMENTS PTE LTD
Blocks
3
Land area
5,484 sqm (59,029 sqft)
Gross floor area
15,354 sqm (165,269 sqft)
Plot ratio
2.80
7

How far is Prospect Mansion from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Prospect Mansion is Boon Keng MRT, about 953 m away (~15 min walk). 3 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.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority441 m
  • Northlight SchoolSecondary schoolwithin 1 km588 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km716 m
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Bendemeer Primary SchoolPrimary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.4 km
  • St Andrew's Junior CollegeJunior college1.4 km
  • St Andrew's School (Junior)Primary school1.4 km

Shops, food & parks

Mall: Square 2 · 1.2 kmSupermarket: NTUC Fairprice Co-operative Ltd · 135 mHawker centre: Blks 91/92 Whampoa Drive # · 106 mPark: Mar Thoma Road Park · 901 m

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

8

What does it cost to own a unit at Prospect Mansion?

Key Takeaway

Buying a unit at Prospect Mansion (~S$900k) needs about S$6,588/mo in income and S$3,031/mo in repayments, after S$21,600 stamp duty and a S$225k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$900k) 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$21,600

BSD, tiered

Downpayment (25%)

S$225k

cash + CPF

Monthly instalment

S$3,031/mo

30y @ 3.5%

Income required

S$6,588/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 Prospect Mansion? Ask before you commit.

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

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

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

Ask anything about Singapore property…
9

Frequently asked questions about Prospect Mansion

How much does a unit at Prospect Mansion cost?

Units at Prospect Mansion have recently transacted around S$900k (S$812 psf), from 14 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Prospect Mansion?

For a unit around S$900k as a first home, you'd need roughly S$6,588/mo in income (assessed at the stress-test rate), with repayments near S$3,031/mo after a S$225k (25%) downpayment and S$21,600 Buyer's Stamp Duty.

Is Prospect Mansion freehold or leasehold?

Prospect Mansion is freehold — ownership does not expire.

When was Prospect Mansion built and who developed it?

Prospect Mansion obtained TOP in 2005, developed by GOODVAL INVESTMENTS PTE LTD, with 48 units across 3 blocks.

What is the nearest MRT to Prospect Mansion?

The nearest MRT/LRT station to Prospect Mansion is Boon Keng MRT, about 953 m away (~15 min walk).

Which primary schools are within 1 km of Prospect Mansion?

Hong Wen School is within 1 km of Prospect Mansion — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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