The Axis
The Axis is a freehold apartment in District 11 (Novena) that obtained TOP in 2009, with 52 units across 1 block. Across 143 transactions on record, units have recently transacted around S$1.42M (S$1,746 psf, ~818 sqft). There are 7 units for sale from S$2.15M to S$2.25M.
| Tenure | Freehold |
|---|---|
| TOP year | 2009 |
| Developer | NOVELTY ASIA PTE LTD |
| Units | 52 in 1 block |
| District and area | District 11 · Novena · CCR |
| Nearest MRT | Novena MRT, 826 m (~13 min walk) |
| Latest median psf | S$1,746 psf, last 12 URA caveats to May 2026 |
What's for sale and for rent at The Axis?
The Axis has 7 units listed for sale, asking S$2.15M to S$2.25M (median S$1,884 psf), and 2 units for rent at a median of S$4,388 a month.
For sale
7 listings
S$2.15M – S$2.25M
For rent
2 listings
S$4,388 – S$4,388 a month
| Bedrooms | For sale | Asking price | Median PSF |
|---|---|---|---|
| 3-bedroom | 7 | S$2.15M–S$2.25M | S$1,884 psf |
Asking prices of units currently listed on property portals, not transacted prices.
What are the floor plans and unit sizes at The Axis?
Floor plans for The Axis aren't in PropKaki's library yet. Across 143 URA caveats, units range from 398 sqft to 2,207 sqft, and the middle half are 753 sqft to 1,141 sqft.
| Unit type | Sizes listed for sale | Asking from |
|---|---|---|
| 3-bedroom | 1,141 sqft | S$2.15M · S$1,884 psf |
Check the Floor Plan Finder for The Axis →
Unit sizes from URA caveats. Listed sizes from current property listings.
What is the price and PSF at The Axis?
Units have recently transacted around S$1.42M (S$1,746 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$1.42M
recent · 143 sales on record
Median PSF
S$1,746 psf
recent transactions
Median rent (monthly)
S$2,915
280 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.
What has recently sold at The Axis?
The Axis has 143 recorded sales; the most recent transacted at S$1,360,000 in May 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| May 2026 | S$1,360,000 | 753 | S$1,805 psf |
| May 2026 | S$1,465,000 | 818 | S$1,791 psf |
| Apr 2026 | S$1,470,000 | 818 | S$1,797 psf |
| Aug 2025 | S$1,423,000 | 818 | S$1,739 psf |
| Aug 2025 | S$755,000 | 398 | S$1,896 psf |
| Apr 2025 | S$1,438,000 | 818 | S$1,758 psf |
| Apr 2025 | S$1,460,000 | 818 | S$1,785 psf |
| Feb 2025 | S$1,428,000 | 818 | S$1,746 psf |
| Jan 2025 | S$1,300,000 | 818 | S$1,589 psf |
| Jun 2024 | S$1,850,000 | 1,141 | S$1,621 psf |
| Jan 2024 | S$1,300,000 | 753 | S$1,725 psf |
| Oct 2023 | S$1,245,000 | 753 | S$1,652 psf |
143 sales and 280 rentals on record since Feb 2007. Source: URA.
Are prices at The Axis rising?
The median transacted PSF at The Axis has risen 28% over the past 12 years (2014–2026), from S$1,402 psf to S$1,797 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$1,797 psf | S$1.47M | 3 | +2.9% |
| 2025 | S$1,746 psf | S$1.42M | 6 | +7.7% |
| 2024 | S$1,621 psf | S$1.30M | 2 | -1.9% |
| 2023 | S$1,652 psf | S$700k | 2 | +13.5% |
| 2021 | S$1,455 psf | S$1.19M | 4 | +7.1% |
| 2020 | S$1,358 psf | S$1.53M | 4 | -7.4% |
| 2019 | S$1,467 psf | S$1.05M | 3 | +7.2% |
| 2018 | S$1,369 psf | S$1.12M | 5 | +13.1% |
| 2017 | S$1,210 psf | S$990k | 4 | -13.7% |
| 2014 | S$1,402 psf | S$615k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
Is The Axis a good investment?
Of 85 units at The Axis that were bought and later resold (bought from 2007, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 24% over a median 3.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 8% 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
97%
of 85 resales here
Median gain
24%
gross, before costs
Median hold
3.4 years
bought to resold
Every unit at The Axis 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 The Axis and what's nearby?
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.
How far is The Axis from MRT and schools?
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
- Novena MRT826 m · ~13 min
- Toa Payoh MRT931 m · ~15 min
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
Straight-line distances from the development. Source: PropKaki amenities data.
Who built The Axis and how big is the development?
The Axis was developed by NOVELTY ASIA PTE LTD, designed by RONNY CHIN & ASSOCIATES, with 52 units over up to 15 storeys.
- Developer
- NOVELTY ASIA PTE LTD
- Architect
- RONNY CHIN & ASSOCIATES
- Main contractor
- NOVELTY BUILDERS PTE LTD
- Floors
- 15 storeys
- Blocks
- 1
- Land area
- 1,395 sqm (15,016 sqft)
- Gross floor area
- 3,907 sqm (42,055 sqft)
- Plot ratio
- 2.80
What facilities does The Axis have?
The Axis has 4 facilities, including Barbeque Area, Pool Deck, Playground, Swimming pool.
What does it cost to own a unit at The Axis?
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
How many property agents are active around The Axis?
5,863 CEA-registered agents closed at least one recorded deal in District 11 — where The Axis sits — in the last 12 months, across all property types.
Active agents · 12mo
5,863
District 11 · closed ≥1 deal
Deals on record
30,351
all-time · all property types
Source: CEA public transaction records, attributed to District 11 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Thinking about The Axis? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from The Axis's own transactions.
PropKakiRecent units at The Axis sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about The Axis
Is The Axis freehold?⌄
Yes. The Axis is freehold, so ownership does not run out.
How old is The Axis?⌄
The Axis was completed (obtained TOP) in 2009, so it is about 17 years old.
Is The Axis a good investment?⌄
Of 85 units at The Axis that were bought and later resold (bought from 2007, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 24% over a median 3.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.5%. Units listed now ask about 8% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.
Is The Axis an EC?⌄
No. The Axis is a private apartment development, not an executive condominium (EC).
Who is the developer of The Axis?⌄
The Axis was developed by NOVELTY ASIA PTE LTD.
What is the price of a condo at The Axis?⌄
Units at The Axis have recently sold for around S$1.42M (S$1,746 psf), the median of the last 12 URA caveats to May 2026. The price depends on size, floor and facing. 7 units are listed for sale from S$2.15M to S$2.25M.
Where is The Axis located?⌄
The Axis is at 47 Mandalay Road, Singapore 308227, in Novena (District 11). The nearest MRT station is Novena MRT, about 826 m away.
How many units are there in The Axis?⌄
The Axis has 52 units in 1 block, up to 15 storeys high.
How much do I need to earn to buy at The Axis?⌄
For a unit around S$1.42M as a first home, you'd need roughly S$10,417/mo in income (assessed at the stress-test rate), with repayments near S$4,792/mo after a S$356k (25%) downpayment and S$41,520 Buyer's Stamp Duty.
Are prices at The Axis going up?⌄
The median price per square foot at The Axis has risen about 28% between 2014 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 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 get priority in Primary 1 (P1) registration.