PropKaki
FreeholdCCRDistrict 11 (Novena)

The Axis

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

The Axis is a freehold apartment in District 11 (Novena) that obtained TOP in 2009, with 52 units across 1 block. Units have recently transacted around S$1.42M (S$1,739 psf), from 141 sales on record. There are 10 units for sale from S$1.30M to S$2.25M.

1

What are the key facts about The Axis?

Key Takeaway

The Axis is a freehold apartment in District 11 (Novena) that obtained TOP in 2009, with 52 units across 1 block.

Tenure
Freehold
TOP / Completion
2009
Developer
NOVELTY ASIA PTE LTD
Total units
52
Blocks
1
District / Area
District 11 (Novena)
Market segment
CCR
Median PSF
S$1,739 psf
Last transacted
May 2026
Remaining lease
Freehold
2

What is the price and PSF at The Axis?

Key Takeaway

Units have recently transacted around S$1.42M (S$1,739 psf), at a gross rental yield of about 2.5% (URA caveat data).

Recent median price

S$1.42M

recent · 141 sales on record

Median PSF

S$1,739 psf

recent transactions

Median rent (monthly)

S$2,914

278 rentals on record

Gross rental yield

2.5%

indicative, gross

Units currently for sale are asking a median of S$1,884 psf — about 8% above the most recent transacted PSF.

Source: URA caveat data, through May 2026.

3

What has recently sold at The Axis?

Key Takeaway

The Axis has 141 recorded sales; the most recent transacted at S$1,465,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$1,465,000818S$1,791 psf
Aug 2025S$1,423,000818S$1,739 psf
Aug 2025S$755,000398S$1,896 psf
Apr 2025S$1,438,000818S$1,758 psf
Apr 2025S$1,460,000818S$1,785 psf
Feb 2025S$1,428,000818S$1,746 psf
Jan 2025S$1,300,000818S$1,589 psf
Jun 2024S$1,850,0001,141S$1,621 psf
Jan 2024S$1,300,000753S$1,725 psf
Oct 2023S$1,245,000753S$1,652 psf
Feb 2023S$700,000398S$1,758 psf
Oct 2022S$1,660,0001,141S$1,455 psf

141 sales and 278 rentals on record since Feb 2007. Source: URA.

4

What bedroom types are available at The Axis?

Key Takeaway

The Axis has 10 units listed for sale, spanning 2–3-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
2-bedroom4S$1.30M–S$1.49MS$1,820 psf
3-bedroom6S$2.15M–S$2.25MS$1,884 psf
5

Where is The Axis and what's nearby?

Key Takeaway

The Axis is located in Novena, in the Central Region of Singapore.

The Axis is a freehold apartment completed in 2009. It was developed by NOVELTY ASIA PTE LTD. The development has 52 residential units. It sits on a land area of 1,395 sqm and has a gross floor area of 3,907 sqm. The plot ratio is 2.8.

THE AXIS is located at 47 Mandalay Road, Singapore 308227. It is part of District 11, Watten Estate / Novena / Thomson, Novena. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Novena MRT, approximately 826m away, around 13 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, Pool Deck, Playground, and Swimming pool.

6

How far is The Axis from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Axis is Novena MRT, about 826 m away (~13 min walk). 3 schools are within 1 km, including 2 primary schools.

Getting around

Schools nearby

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

  • Northlight SchoolSecondary schoolwithin 1 km891 m
  • St. Joseph's Institution JuniorPrimary schoolwithin 1 km · P1 priority907 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority910 m
  • Chij Secondary (Toa Payoh)Secondary school1.1 km
  • Bendemeer Secondary SchoolSecondary school1.2 km
  • Chij Primary (Toa Payoh)Primary school1.3 km
  • Farrer Park Primary SchoolPrimary school1.4 km
  • Kheng Cheng SchoolPrimary school1.4 km

Shops, food & parks

Mall: Square 2 · 778 mSupermarket: NTUC Fairprice Co-operative Ltd · 135 mHawker centre: Blks 91/92 Whampoa Drive # · 475 mPark: Toa Payoh Town Pk · 697 m

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

7

What facilities does The Axis have?

Key Takeaway

The Axis has 4 facilities, including Barbeque Area, Pool Deck, Playground, Swimming pool.

Barbeque AreaPool DeckPlaygroundSwimming pool
8

What does it cost to own a unit at The Axis?

Key Takeaway

Buying a unit at The Axis (~S$1.42M) needs about S$10,417/mo in income and S$4,792/mo in repayments, after S$41,520 stamp duty and a S$356k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.42M) 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$41,520

BSD, tiered

Downpayment (25%)

S$356k

cash + CPF

Monthly instalment

S$4,792/mo

30y @ 3.5%

Income required

S$10,417/mo

TDSR @ stress rate

9

Frequently asked questions about The Axis

What is the price at The Axis?

Units at The Axis have recently transacted around S$1.42M (S$1,739 psf), from 141 sales on record (URA caveat data).

What is the PSF at The Axis?

Units for sale at The Axis are asking a median of about S$1,884 psf.

Is The Axis freehold or leasehold?

The Axis is freehold.

When was The Axis built?

The Axis obtained TOP in 2009, developed by NOVELTY ASIA PTE LTD.

How many units are for sale at The Axis?

There are 10 units for sale at The Axis, from S$1.30M to S$2.25M.

What is the rental yield at The Axis?

Gross rental yield at The Axis is about 2.5%, based on median current rents and prices.

How many units are in The Axis?

The Axis has 52 units across 1 block.

What facilities does The Axis have?

The Axis has 4 facilities, including Barbeque Area, Pool Deck, Playground, Swimming pool.

What is the nearest MRT to The Axis?

The nearest MRT/LRT station to The Axis is Novena MRT, about 826 m away (~13 min walk).

Which primary schools are within 1 km of The Axis?

St. Joseph's Institution Junior, Hong Wen School are within 1 km of The Axis — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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