FreeholdRCRDistrict 12 (Novena)

Shan Mansions

Reviewed by Nathan TangUpdated 10 August 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).

1

What are the key facts about Shan Mansions?

Key Takeaway

Shan Mansions is a freehold apartment in District 12 (Novena).

Tenure
Freehold
TOP / Completion
Developer
Total units
Blocks
District / Area
District 12 (Novena)
Market segment
RCR
Median PSF
S$446 psf
Last transacted
Nov 2002
Remaining lease
Freehold
2

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.

3

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.

4

How many property agents are active around Shan Mansions?

Key Takeaway

6,316 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

6,316

District 12 · closed ≥1 deal

Deals on record

24,253

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.

5

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.

6

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.

7

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

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

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…
8

Frequently asked questions about Shan Mansions

How much does a unit at Shan Mansions cost?

The median transacted price at Shan Mansions is about S$8.40M (S$446 psf) across 2 sales on record (URA caveats).

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.

Is Shan Mansions a good investment?

Gross rental yield is about 0.2%. 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.

Is Shan Mansions freehold or leasehold?

Shan Mansions is freehold — ownership does not expire.

What is the nearest MRT to Shan Mansions?

The nearest MRT/LRT station to Shan Mansions is Novena MRT, about 350 m away (~6 min walk).

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 qualify for Primary 1 (P1) registration priority.

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