FreeholdRCRDistrict 12 (Novena)

Shan Mansions

Reviewed by Nathan TangUpdated 24 September 2026Data through Nov 2002 (URA)
Quick Summary

Shan Mansions is a freehold apartment in District 12 (Novena). Across 2 transactions on record, the median transacted price is about S$8.40M (S$446 psf, ~18,837 sqft).

Key facts about Shan Mansions
TenureFreehold
District and areaDistrict 12 · Novena · RCR
Nearest MRTNovena MRT, 350 m (~6 min walk)
Median psfS$446 psf, 2 URA caveats to Nov 2002
1

What's for sale and for rent at Shan Mansions?

Key Takeaway

No units at Shan Mansions are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Shan Mansions?

Key Takeaway

Floor plans for Shan Mansions aren't in PropKaki's library yet.

3

What is the price and PSF at Shan Mansions?

Key Takeaway

The median transacted price is about S$8.40M (S$446 psf), at a gross rental yield of about 0.2% (URA caveat data).

Median price

S$8.40M

2 sales on record

Median PSF

S$446 psf

URA, all sales

Median rent (monthly)

S$1,500

20 rentals on record

Gross rental yield

0.2%

indicative, gross

Source: URA caveat data, through Nov 2002.

4

What has recently sold at Shan Mansions?

Key Takeaway

Shan Mansions has 2 recorded sales; the most recent transacted at S$763,644 in Nov 2002 (URA caveat data).

DatePriceSize (sqft)PSF
Nov 2002S$763,6441,808S$422 psf
Nov 2002S$16,036,35635,866S$447 psf

2 sales and 20 rentals on record since Nov 2002. Source: URA.

5

Is Shan Mansions a good investment?

Key Takeaway

Shan Mansions has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 0.2%. Past resale results don't predict future returns, and this is not financial advice.

District 12 sold for more

87%

of 7,946 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Shan Mansions has fewer than 10 matched resales, so the figures are for District 12 as a whole. Check the odds for your unit size and holding period →

6

Where is Shan Mansions and what's nearby?

Key Takeaway

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

Shan Mansions is a freehold apartment.

SHAN MANSIONS is located at 73 Irrawaddy Road, Singapore 329556. 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 Novena MRT, approximately 350m away, around 6 minutes on foot. Nearby amenities include Square 2 for shopping, L M MEAT PTE. LTD for groceries, Pek Kio Market & Food Centre for food options, and Novena Pk for greenery and recreation.

7

How far is Shan Mansions from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Shan Mansions is Novena MRT, about 350 m away (~6 min walk). 1 school is within 1 km, including 1 primary school.

Getting around

Schools nearby

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

  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority583 m
  • Chij Secondary (Toa Payoh)Secondary school1.1 km
  • Anglo-Chinese School (Barker Road)Secondary school1.2 km
  • Chij Primary (Toa Payoh)Primary school1.2 km
  • Northlight SchoolSecondary school1.2 km
  • Catholic Junior CollegeJunior college1.2 km
  • Anglo-Chinese School (Primary)Primary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.3 km

Shops, food & parks

Mall: Square 2 · 305 mSupermarket: NTUC Fairprice Co-operative Ltd · 305 mHawker centre: Pek Kio Market & Food Centre · 912 mPark: Novena Pk · 330 m

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

8

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

Key Takeaway

Buying a unit at Shan Mansions (~S$8.40M) needs about S$61,490/mo in income and S$28,290/mo in repayments, after S$443,600 stamp duty and a S$2.10M downpayment.

Illustrative, for a Singapore Citizen buying a unit at the median price (S$8.40M) 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$443,600

BSD, tiered

Downpayment (25%)

S$2.10M

cash + CPF

Monthly instalment

S$28,290/mo

30y @ 3.5%

Income required

S$61,490/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

9

How many property agents are active around Shan Mansions?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Shan 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 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 Shan Mansions? Ask before you commit.

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

PropKaki
Is Shan Mansions a good buy, and what are units selling for?

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

Ask anything about Singapore property…
10

Frequently asked questions about Shan Mansions

Is Shan Mansions freehold?

Yes. Shan Mansions is freehold, so ownership does not run out.

Is Shan Mansions a good investment?

Shan Mansions has no resales on record yet, so it has no track record of its own. Across District 12, 87% of 7,946 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Its gross rental yield is about 0.2%. Past resale results don't predict future returns, and this is not financial advice.

Is Shan Mansions an EC?

No. Shan Mansions is a private apartment development, not an executive condominium (EC).

What is the price of a condo at Shan Mansions?

The median price paid at Shan Mansions is about S$8.40M (S$446 psf), across 2 URA caveats to Nov 2002.

Where is Shan Mansions located?

Shan Mansions is at 73 Irrawaddy Road, Singapore 329556, in Novena (District 12). The nearest MRT station is Novena MRT, about 350 m away.

How much do I need to earn to buy at Shan Mansions?

For a unit around S$8.40M as a first home, you'd need roughly S$61,490/mo in income (assessed at the stress-test rate), with repayments near S$28,290/mo after a S$2.10M (25%) downpayment and S$443,600 Buyer's Stamp Duty.

Which primary schools are within 1 km of Shan Mansions?

St. Joseph's Institution Junior is within 1 km of Shan Mansions. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.