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). There is 1 unit for sale from S$2.50M to S$2.50M.
| Tenure | Freehold |
|---|---|
| TOP year | 1995 |
| Developer | CITY DEVELOPMENTS LTD |
| Units | 126 in 1 block |
| District and area | District 12 · Novena · RCR |
| Latest median psf | S$1,370 psf, last 12 URA caveats to Jun 2026 |
What's for sale and for rent at Ritz Mansions?
Ritz Mansions has 1 unit listed for sale, asking S$2.50M to S$2.50M (median S$1,603 psf), and 12 units for rent at a median of S$1,480 a month.
For sale
1 listing
S$2.50M – S$2.50M
For rent
12 listings
S$1,150 – S$1,650 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 3-bedroom | 1 | S$2.50M–S$2.50M | S$1,603 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at Ritz Mansions?
PropKaki has 6 layouts on record for Ritz Mansions, from 2 to 3 bedrooms (861 sqft to 1,694 sqft).
| Bedrooms | Layouts | Sizes |
|---|---|---|
| 2 Bedroom | 1 | 861 sq ft |
| 3 Bedroom | 5 | 1,281 to 1,694 sq ft |
PropKaki holds 6 floor plans for Ritz Mansions.
See Ritz Mansions's floor plans — ask PropKaki.
Ask PropKakisqm ↔ sq ft converterLayouts digitised from developer brochures.
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$2,602
647 rentals on record
Gross rental yield
1.9%
indicative, gross
Units currently for sale are asking a median of S$1,603 psf — about 17% above the most recent transacted PSF.
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 647 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.
Is Ritz Mansions a good investment?
Of 40 units at Ritz Mansions that were bought and later resold (bought from 1995, resold up to 2026), 78% sold for more than they were bought for, with a median gain of 53% over a median 7.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.9%. Units listed now ask about 17% 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
78%
of 40 resales here
Median gain
53%
gross, before costs
Median hold
7.1 years
bought to resold
Every unit at Ritz Mansions with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →
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.
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.
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
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
How many property agents are active around Ritz Mansions?
6,686 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
6,686
District 12 · closed ≥1 deal
Deals on record
24,859
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.
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
Is Ritz Mansions freehold?⌄
Yes. Ritz Mansions is freehold, so ownership does not run out.
How old is Ritz Mansions?⌄
Ritz Mansions was completed (obtained TOP) in 1995, so it is about 31 years old.
Is Ritz Mansions a good investment?⌄
Of 40 units at Ritz Mansions that were bought and later resold (bought from 1995, resold up to 2026), 78% sold for more than they were bought for, with a median gain of 53% over a median 7.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 1.9%. Units listed now ask about 17% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is Ritz Mansions an EC?⌄
No. Ritz Mansions is a private apartment development, not an executive condominium (EC).
Who is the developer of Ritz Mansions?⌄
Ritz Mansions was developed by CITY DEVELOPMENTS LTD.
What is the price of a condo at Ritz Mansions?⌄
Units at Ritz Mansions have recently sold for around S$1.67M (S$1,370 psf), the median of the last 12 URA caveats to Jun 2026. The price depends on size, floor and facing. 1 unit is listed for sale from S$2.50M to S$2.50M.
Where is Ritz Mansions located?⌄
Ritz Mansions is at 346 Balestier Road, Singapore 329776, in Novena (District 12).
How many units are there in Ritz Mansions?⌄
Ritz Mansions has 126 units in 1 block.
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.
Are prices at Ritz Mansions going up?⌄
The median price per square foot at Ritz Mansions has risen about 50% between 2011 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.
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 get priority in Primary 1 (P1) registration.