FreeholdRCRDistrict 12 (Novena)

Public Mansion

Reviewed by Nathan TangUpdated 24 September 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.

Key facts about Public Mansion
TenureFreehold
TOP year1974
DeveloperSB DEVELOPMENT PTE LTD
Units30 in 5 blocks
District and areaDistrict 12 · Novena · RCR
Nearest MRTToa Payoh MRT, 715 m (~11 min walk)
Latest median psfS$832 psf, last 12 URA caveats to Jul 2023
1

What's for sale and for rent at Public Mansion?

Key Takeaway

Public Mansion has 2 units listed for sale, asking S$2.50M to S$2.50M (median S$1,276 psf), and 3 units for rent at a median of S$1,300 a month.

For sale

2 listings

S$2.50M – S$2.50M

For rent

3 listings

S$1,300 – S$2,000 a month

BedroomsFor saleAsking priceMedian PSF
7-bedroom2S$2.50M–S$2.50MS$1,276 psf

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

2

What are the floor plans and unit sizes at Public Mansion?

Key Takeaway

Floor plans for Public Mansion aren't in PropKaki's library yet. Across 26 URA caveats, units range from 1,873 sqft to 2,530 sqft, and the middle half are 1,884 sqft to 1,959 sqft.

Unit typeSizes listed for saleAsking from
7-bedroom1,959 sqftS$2.50M · S$1,276 psf

Check the Floor Plan Finder for Public Mansion →

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

3

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

Units currently for sale are asking a median of S$1,276 psf — about 53% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2023.

4

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.

5

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.

6

Is Public Mansion a good investment?

Key Takeaway

Of 10 units at Public Mansion that were bought and later resold (bought from 1996, resold up to 2022), 100% sold for more than they were bought for, with a median gain of 24% over a median 3.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 53% 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 10 resales here

Median gain

24%

gross, before costs

Median hold

3.6 years

bought to resold

Every unit at Public Mansion 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 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

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.

9

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
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

Read how to tell if a condo is profitable →

11

How many property agents are active around Public Mansion?

Key Takeaway

6,318 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

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 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 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…
12

Frequently asked questions about Public Mansion

Is Public Mansion freehold?

Yes. Public Mansion is freehold, so ownership does not run out.

How old is Public Mansion?

Public Mansion was completed (obtained TOP) in 1974, so it is about 52 years old.

Is Public Mansion a good investment?

Of 10 units at Public Mansion that were bought and later resold (bought from 1996, resold up to 2022), 100% sold for more than they were bought for, with a median gain of 24% over a median 3.6-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.2%. Units listed now ask about 53% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Public Mansion an EC?

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

Who is the developer of Public Mansion?

Public Mansion was developed by SB DEVELOPMENT PTE LTD.

What is the price of a condo at Public Mansion?

Units at Public Mansion have recently sold for around S$1.68M (S$832 psf), the median of the last 12 URA caveats to Jul 2023. The price depends on size, floor and facing. 2 units are listed for sale from S$2.50M to S$2.50M.

Where is Public Mansion located?

Public Mansion is at 432 Balestier Road, Singapore 329813, in Novena (District 12). The nearest MRT station is Toa Payoh MRT, about 715 m away.

How many units are there in Public Mansion?

Public Mansion has 30 units in 5 blocks.

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.

Are prices at Public Mansion going up?

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