Ritz Mansions
Ritz Mansions is a freehold apartment in District 12 (Novena) that obtained TOP in 1995, with 126 units across 1 block. Across 115 transactions on record, units have recently transacted around S$1.67M (S$1,370 psf, ~1,281 sqft).
What are the key facts about Ritz Mansions?
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$1,370 psf
- Last transacted
- Jun 2026
- Remaining lease
- Freehold
What is the price and PSF at Ritz Mansions?
Units have recently transacted around S$1.67M (S$1,370 psf), at a gross rental yield of about 1.9% (URA caveat data).
Recent median price
S$1.67M
recent · 115 sales on record
Median PSF
S$1,370 psf
recent transactions
Median rent (monthly)
S$2,598
643 rentals on record
Gross rental yield
1.9%
indicative, gross
Source: URA caveat data, through Jun 2026.
What has recently sold at Ritz Mansions?
Ritz Mansions has 115 recorded sales; the most recent transacted at S$2,000,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$2,000,000 | 1,302 | S$1,536 psf |
| Apr 2026 | S$1,880,000 | 1,281 | S$1,468 psf |
| Jun 2025 | S$1,920,888 | 1,302 | S$1,475 psf |
| Apr 2025 | S$1,880,000 | 1,302 | S$1,443 psf |
| Jun 2023 | S$1,880,000 | 1,302 | S$1,443 psf |
| Apr 2023 | S$1,850,000 | 1,302 | S$1,420 psf |
| Sept 2022 | S$1,650,000 | 1,281 | S$1,288 psf |
| Jul 2022 | S$1,180,000 | 861 | S$1,370 psf |
| Jun 2022 | S$1,628,000 | 1,281 | S$1,271 psf |
| May 2022 | S$1,670,000 | 1,302 | S$1,282 psf |
| Apr 2022 | S$1,585,000 | 1,281 | S$1,237 psf |
| Nov 2021 | S$1,580,000 | 1,281 | S$1,233 psf |
115 sales and 643 rentals on record since Feb 1995. Source: URA.
Are prices at Ritz Mansions rising?
The median transacted PSF at Ritz Mansions has risen 50% over the past 15 years (2011–2026), from S$981 psf to S$1,468 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,468 psf | S$1.88M | 2 | +1.7% |
| 2025 | S$1,443 psf | S$1.88M | 2 | +1.6% |
| 2023 | S$1,420 psf | S$1.85M | 2 | +10.8% |
| 2022 | S$1,282 psf | S$1.63M | 5 | +8.2% |
| 2021 | S$1,185 psf | S$1.78M | 5 | +4.6% |
| 2019 | S$1,133 psf | S$1.77M | 3 | -3.2% |
| 2018 | S$1,171 psf | S$1.50M | 3 | +27.1% |
| 2016 | S$921 psf | S$1.20M | 2 | -7.7% |
| 2012 | S$998 psf | S$1.30M | 2 | +1.7% |
| 2011 | S$981 psf | S$895k | 3 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Ritz Mansions?
6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Ritz Mansions 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 12across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Ritz Mansions and what's nearby?
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.
Who built Ritz Mansions and how big is the development?
Ritz Mansions was developed by CITY DEVELOPMENTS LTD, with 126 units.
- Developer
- CITY DEVELOPMENTS LTD
- Blocks
- 1
- Land area
- 7,330 sqm (78,899 sqft)
- Gross floor area
- 20,466 sqm (220,294 sqft)
- Plot ratio
- 2.80
How far is Ritz Mansions from MRT and schools?
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
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Ritz Mansions have?
Ritz Mansions has 9 facilities, including Barbeque Area, Covered car park, Playground, Sauna, and more.
What does it cost to own a unit at Ritz Mansions?
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
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Ritz Mansions? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Ritz Mansions's own transactions.
PropKakiRecent units at Ritz Mansions sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Ritz Mansions
How much does a unit at Ritz Mansions cost?⌄
Units at Ritz Mansions have recently transacted around S$1.67M (S$1,370 psf), from 115 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Ritz Mansions?⌄
For a unit around S$1.67M as a first home, you'd need roughly S$12,225/mo in income (assessed at the stress-test rate), with repayments near S$5,624/mo after a S$418k (25%) downpayment and S$53,100 Buyer's Stamp Duty.
Is Ritz Mansions a good investment?⌄
Gross rental yield is about 1.9%; median PSF has risen about 50% since 2011. 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 Ritz Mansions going up?⌄
The median transacted PSF at Ritz Mansions has risen about 50% between 2011 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Ritz Mansions freehold or leasehold?⌄
Ritz Mansions is freehold — ownership does not expire.
When was Ritz Mansions built and who developed it?⌄
Ritz Mansions obtained TOP in 1995, developed by CITY DEVELOPMENTS LTD, with 126 units across 1 block.
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.