FreeholdRCRDistrict 12 (Novena)

Public Mansion

Reviewed by Nathan TangUpdated 10 August 2026Data through Jul 2023 (URA)
Quick Summary

Public Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 1974, with 30 units across 5 blocks. Across 26 transactions on record, units have recently transacted around S$1.68M (S$832 psf, ~1,959 sqft). There are 2 units for sale from S$2.50M to S$2.50M.

1

What are the key facts about Public Mansion?

Key Takeaway

Public Mansion is a freehold apartment in District 12 (Novena) that obtained TOP in 1974, with 30 units across 5 blocks.

Tenure
Freehold
TOP / Completion
1974
Developer
SB DEVELOPMENT PTE LTD
Total units
30
Blocks
5
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$832 psf
Last transacted
Jul 2023
Remaining lease
Freehold
2

What is the price and PSF at Public Mansion?

Key Takeaway

Units have recently transacted around S$1.68M (S$832 psf), at a gross rental yield of about 2.2% (URA caveat data).

Recent median price

S$1.68M

recent · 26 sales on record

Median PSF

S$832 psf

recent transactions

Median rent (monthly)

S$3,041

111 rentals on record

Gross rental yield

2.2%

indicative, gross

Source: URA caveat data, through Jul 2023.

3

What has recently sold at Public Mansion?

Key Takeaway

Public Mansion has 26 recorded sales; the most recent transacted at S$2,290,000 in Jul 2023 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2023S$2,290,0001,873S$1,223 psf
Aug 2022S$1,850,0001,959S$944 psf
Nov 2020S$1,880,0002,530S$743 psf
Apr 2020S$1,900,0002,530S$751 psf
Jul 2018S$1,680,0001,884S$892 psf
Mar 2018S$1,620,0001,884S$860 psf
Mar 2018S$1,740,0001,959S$888 psf
Oct 2015S$2,100,0001,959S$1,072 psf
Nov 2013S$1,520,0001,959S$776 psf
Aug 2013S$1,480,0001,959S$755 psf
Jul 2013S$1,630,0001,959S$832 psf
Dec 2010S$1,520,0002,530S$601 psf

26 sales and 111 rentals on record since Mar 1996. Source: URA.

4

Are prices at Public Mansion rising?

Key Takeaway

The median transacted PSF at Public Mansion has risen 106% over the past 24 years (19962020), from S$361 psf to S$743 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2020S$743 psfS$1.88M2-16.3%
2018S$888 psfS$1.68M3+14.4%
2013S$776 psfS$1.52M3+33.3%
2010S$582 psfS$1.14M2+61.2%
2007S$361 psfS$680k6+0.0%
1996S$361 psfS$785k2

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 Public Mansion?

Key Takeaway

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

6

What bedroom types are available at Public Mansion?

Key Takeaway

Public Mansion has 2 units listed for sale, spanning 7-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
7-bedroom2S$2.50M–S$2.50M
7

Where is Public Mansion and what's nearby?

Key Takeaway

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

Public Mansion is a freehold apartment completed in 1974. It was developed by SB DEVELOPMENT PTE LTD. The development has 30 residential units. It sits on a land area of 2,766 sqm and has a gross floor area of 8,297 sqm. The plot ratio is 3.0.

PUBLIC MANSION is located at 432 Balestier Road, Singapore 329813. 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 715m away, around 11 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.

8

Who built Public Mansion and how big is the development?

Key Takeaway

Public Mansion was developed by SB DEVELOPMENT PTE LTD, with 30 units.

Developer
SB DEVELOPMENT PTE LTD
Blocks
5
Land area
2,766 sqm (29,773 sqft)
Gross floor area
8,297 sqm (89,308 sqft)
Plot ratio
3.00
9

How far is Public Mansion from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Public Mansion is Toa Payoh MRT, about 715 m away (~11 min walk). 1 school is within 1 km.

Getting around

Schools nearby

  • Chij Secondary (Toa Payoh)Secondary schoolwithin 1 km915 m
  • St. Joseph's Institution JuniorPrimary school1.0 km
  • Chij Primary (Toa Payoh)Primary school1.0 km
  • Hong Wen SchoolPrimary school1.1 km
  • Northlight SchoolSecondary school1.1 km
  • Kheng Cheng SchoolPrimary school1.2 km
  • Bendemeer Secondary SchoolSecondary school1.4 km
  • Pei Chun Public SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 807 mSupermarket: NTUC Fairprice Co-operative Ltd · 263 mHawker centre: Blks 91/92 Whampoa Drive # · 672 mPark: Toa Payoh Town Pk · 481 m

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

10

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

Key Takeaway

Buying a unit at Public Mansion (~S$1.68M) needs about S$12,298/mo in income and S$5,658/mo in repayments, after S$53,600 stamp duty and a S$420k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.68M) 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$53,600

BSD, tiered

Downpayment (25%)

S$420k

cash + CPF

Monthly instalment

S$5,658/mo

30y @ 3.5%

Income required

S$12,298/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 Public Mansion? Ask before you commit.

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

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

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

Ask anything about Singapore property…
11

Frequently asked questions about Public Mansion

How much does a unit at Public Mansion cost?

Units at Public Mansion have recently transacted around S$1.68M (S$832 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 Public Mansion?

For a unit around S$1.68M as a first home, you'd need roughly S$12,298/mo in income (assessed at the stress-test rate), with repayments near S$5,658/mo after a S$420k (25%) downpayment and S$53,600 Buyer's Stamp Duty.

Is Public Mansion a good investment?

Gross rental yield is about 2.2%; median PSF has risen about 106% since 1996. 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 Public Mansion going up?

The median transacted PSF at Public Mansion has risen about 106% between 1996 and 2020, based on URA caveats. Year-by-year figures are in the price-trend table above.

Is Public Mansion freehold or leasehold?

Public Mansion is freehold — ownership does not expire.

When was Public Mansion built and who developed it?

Public Mansion obtained TOP in 1974, developed by SB DEVELOPMENT PTE LTD, with 30 units across 5 blocks.

How many units are for sale at Public Mansion?

There are 2 units for sale at Public Mansion, from S$2.50M to S$2.50M.

What is the nearest MRT to Public Mansion?

The nearest MRT/LRT station to Public Mansion is Toa Payoh MRT, about 715 m away (~11 min walk).

Are there schools near Public Mansion?

1 school is within 1 km of Public Mansion, including Chij Secondary (Toa Payoh).

Chat on WhatsApp