PropKaki
FreeholdRCRDistrict 12 (Novena)

Ritz Mansions

Reviewed by Nathan TangUpdated 20 June 2026Data through Apr 2026 (URA)
Quick Summary

Ritz Mansions is a freehold apartment in District 12 (Novena) that obtained TOP in 1995, with 126 units across 1 block. Units have recently transacted around S$1.67M (S$1,288 psf), from 114 sales on record. There are 6 units for sale from S$1.52M to S$2.18M.

1

What are the key facts about Ritz Mansions?

Key Takeaway

Ritz Mansions is a freehold apartment in District 12 (Novena) that obtained TOP in 1995, with 126 units across 1 block.

Tenure
Freehold
TOP / Completion
1995
Developer
CITY DEVELOPMENTS LTD
Total units
126
Blocks
1
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$1,288 psf
Last transacted
Apr 2026
Remaining lease
Freehold
2

What is the price and PSF at Ritz Mansions?

Key Takeaway

Units have recently transacted around S$1.67M (S$1,288 psf), at a gross rental yield of about 1.9% (URA caveat data).

Recent median price

S$1.67M

recent · 114 sales on record

Median PSF

S$1,288 psf

recent transactions

Median rent (monthly)

S$2,590

637 rentals on record

Gross rental yield

1.9%

indicative, gross

Units currently for sale are asking a median of S$1,674 psf — about 30% above the most recent transacted PSF.

Source: URA caveat data, through Apr 2026.

3

What has recently sold at Ritz Mansions?

Key Takeaway

Ritz Mansions has 114 recorded sales; the most recent transacted at S$1,880,000 in Apr 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Apr 2026S$1,880,0001,281S$1,468 psf
Jun 2025S$1,920,8881,302S$1,475 psf
Apr 2025S$1,880,0001,302S$1,443 psf
Jun 2023S$1,880,0001,302S$1,443 psf
Apr 2023S$1,850,0001,302S$1,420 psf
Sept 2022S$1,650,0001,281S$1,288 psf
Jul 2022S$1,180,000861S$1,370 psf
Jun 2022S$1,628,0001,281S$1,271 psf
May 2022S$1,670,0001,302S$1,282 psf
Apr 2022S$1,585,0001,281S$1,237 psf
Nov 2021S$1,580,0001,281S$1,233 psf
Sept 2021S$1,840,0001,604S$1,147 psf

114 sales and 637 rentals on record since Feb 1995. Source: URA.

4

What bedroom types are available at Ritz Mansions?

Key Takeaway

Ritz Mansions has 6 units listed for sale, spanning 2–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom1S$1.52M–S$1.52MS$1,765 psf
3-bedroom5S$2.08M–S$2.18MS$1,673 psf
5

Where is Ritz Mansions and what's nearby?

Key Takeaway

Ritz Mansions is located in Novena, in the Central Region of Singapore.

Ritz Mansions is a freehold apartment completed in 1995. It was developed by CITY DEVELOPMENTS LTD. The development has 126 residential units. It sits on a land area of 7,330 sqm and has a gross floor area of 20,466 sqm. The plot ratio is 2.8.

RITZ MANSIONS is located at 346 Balestier Road, Singapore 329776. 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 Exit A, approximately 993m away, around 16 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. Facilities in the development include Barbeque Area, Covered car park, Playground, Sauna, 24 hours security, and Squash court.

6

How far is Ritz Mansions from MRT and schools?

Key Takeaway

3 schools are within 1 km, including 1 primary school.

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority660 m
  • Northlight SchoolSecondary schoolwithin 1 km734 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km933 m
  • St. Joseph's Institution JuniorPrimary school1.1 km
  • Chij Secondary (Toa Payoh)Secondary school1.3 km
  • Farrer Park Primary SchoolPrimary school1.4 km
  • Pei Chun Public SchoolPrimary school1.4 km
  • Bendemeer Primary SchoolPrimary school1.5 km

Shops, food & parks

Mall: Square 2 · 1.0 kmSupermarket: NTUC Fairprice Co-operative Ltd · 181 mHawker centre: Blks 91/92 Whampoa Drive # · 231 mPark: Toa Payoh Town Pk · 815 m

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

7

What facilities does Ritz Mansions have?

Key Takeaway

Ritz Mansions has 9 facilities, including Barbeque Area, Covered car park, Playground, Sauna, and more.

Barbeque AreaCovered car parkPlaygroundSauna24 hours securitySquash courtSwimming poolTennis courtsWading pool
8

What does it cost to own a unit at Ritz Mansions?

Key Takeaway

Buying a unit at Ritz Mansions (~S$1.67M) needs about S$12,225/mo in income and S$5,624/mo in repayments, after S$53,100 stamp duty and a S$418k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.67M) 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$53,100

BSD, tiered

Downpayment (25%)

S$418k

cash + CPF

Monthly instalment

S$5,624/mo

30y @ 3.5%

Income required

S$12,225/mo

TDSR @ stress rate

9

Frequently asked questions about Ritz Mansions

What is the price at Ritz Mansions?

Units at Ritz Mansions have recently transacted around S$1.67M (S$1,288 psf), from 114 sales on record (URA caveat data).

What is the PSF at Ritz Mansions?

Units for sale at Ritz Mansions are asking a median of about S$1,674 psf.

Is Ritz Mansions freehold or leasehold?

Ritz Mansions is freehold.

When was Ritz Mansions built?

Ritz Mansions obtained TOP in 1995, developed by CITY DEVELOPMENTS LTD.

How many units are for sale at Ritz Mansions?

There are 6 units for sale at Ritz Mansions, from S$1.52M to S$2.18M.

What is the rental yield at Ritz Mansions?

Gross rental yield at Ritz Mansions is about 1.9%, based on median current rents and prices.

How many units are in Ritz Mansions?

Ritz Mansions has 126 units across 1 block.

What facilities does Ritz Mansions have?

Ritz Mansions has 9 facilities, including Barbeque Area, Covered car park, Playground, Sauna, 24 hours security, Squash court, and more.

Which primary schools are within 1 km of Ritz Mansions?

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

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