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MANDALAY TOWERS

District 11 · MANDALAY ROAD

Overview

MANDALAY TOWERS is a freehold condominium in District 11, Singapore, completed in 1974 with 56 units. The average transacted price is $1,269/sqft based on 4 recorded transactions. Nearby MRT: NOVENA MRT STATION, TOA PAYOH MRT STATION.

Price Trends

Price Data (SGD)

MANDALAY TOWERS

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Property Summary

Location
35 & 39 Mandalay Road, District 11
Tenure
Freehold
Units
56
Completion
1974
Developer
Not specified
Floors/Blocks
2 blocks, low-rise
Site Area
3,979 sqm
Information is subject to change and should be verified independently.
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Nearby Transport

  • NOVENA MRT STATION
    Exit A0.74 km • 9 min walk
  • TOA PAYOH MRT STATION
    Exit B1.24 km • 15 min walk

Nearby Transport

Nearby Transport

  • NOVENA MRT STATION
    Exit A0.74 km • 9 min walk
  • TOA PAYOH MRT STATION
    Exit B1.24 km • 15 min walk

Nearby Schools

Nearby Schools

  • ST. JOSEPH'S INSTITUTION JUNIOR
    PRIMARY0.75 km away
  • NORTHLIGHT SCHOOL
    SECONDARY0.89 km away
  • HONG WEN SCHOOL
    PRIMARY0.97 km away
  • CHIJ SECONDARY (TOA PAYOH)
    SECONDARY1.18 km away
  • FARRER PARK PRIMARY SCHOOL
    PRIMARY1.26 km away

Nearby Supermarkets

Nearby Supermarkets

  • Big Harvest Supermarket
    0.49 km away•BIG HARVEST SUPERMARKET PTE. LTD.
  • FAIRPRICE FINEST
    0.72 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • Sol Mart
    0.98 km away•SOL MART PTE. LTD.
  • DON DON DONKI
    0.98 km away•PAN PACIFIC RETAIL MANAGEMENT (SINGAPORE) PTE. LTD.
  • FAIRPRICE
    0.98 km away•NTUC FAIRPRICE CO-OPERATIVE LTD

Property Analysis

Mandalay Towers is a freehold apartment located in District 11, covering the Newton and Novena planning areas. The development features large-format units of 2,508 sqft, with recent transaction prices ranging between $2,800,000 and $3,930,000.

AI-generated analysis based on available market data. Last updated 18 April 2026. This content is for informational purposes only and should not be considered financial advice.

Financial Breakdown

Estimated costs based on median transaction price

Median Price
$3,200,000
Buyer's Stamp Duty
$119,600
Down Payment (25%)
$750,000
Est. Monthly Payment
$11,264/mo
25-year loan at 3.5%

Eligibility Check

Estimate stamp duty based on your buyer profile

ABSD Rate
0%
ABSD Amount
$0
BSD Amount
$119,600
Total Stamp Duty
$119,600
Estimated Monthly Payment
$11,264/mo

Neighbourhood Amenities

Transport

2
  • NOVENA MRT STATION
  • TOA PAYOH MRT STATION

Education

17
  • ST. JOSEPH'S INSTITUTION JUNIOR
  • NORTHLIGHT SCHOOL
  • HONG WEN SCHOOL
  • +14 more nearby

Convenience

10
  • Big Harvest Supermarket
  • FAIRPRICE FINEST
  • Sol Mart
  • +7 more nearby

Rental Yield

Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.

Recent Transactions

(4 of 4)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-04MANDALAY TOWERSMANDALAY ROAD233 sqm (2508 sqft)$3,930,000$1567/sqft01-05ApartmentCCR11Freehold
2022-03MANDALAY TOWERSMANDALAY ROAD233 sqm (2508 sqft)$3,200,000$1276/sqft06-10ApartmentCCR11Freehold
2021-04MANDALAY TOWERSMANDALAY ROAD233 sqm (2508 sqft)$2,800,000$1116/sqft01-05ApartmentCCR11Freehold
2021-03MANDALAY TOWERSMANDALAY ROAD233 sqm (2508 sqft)$2,800,000$1116/sqft01-05ApartmentCCR11Freehold

Market Statistics

Frequently Asked Questions

What is the tenure of Mandalay Towers?

Mandalay Towers is a freehold property, meaning the ownership is held in perpetuity. This tenure type is often preferred in Singapore for long-term capital preservation compared to 99-year leasehold developments.

What was the most recent transacted price at Mandalay Towers?

The most recent sale occurred on 1 April 2025, where a 2,508 sqft unit transacted for $3,930,000. This transaction reflects a price of $1,567 per square foot.

How large are the units at Mandalay Towers?

Based on the four most recent transactions, the units are consistently sized at 2,508 sqft. This suggests the development focuses on large-format apartment layouts rather than smaller studio or one-bedroom configurations.

What is the price range for units in this development?

The recorded PSF range for Mandalay Towers is between $1,116 and $1,567. In absolute quantum terms, prices have moved from $2,800,000 in 2021 to $3,930,000 in 2025.

How many transactions have been recorded recently?

There have been 4 transactions recorded for Mandalay Towers between March 2021 and April 2025. Two sales occurred in 2021 at $1,116 psf, followed by one in 2022 at $1,276 psf, and the latest in 2025 at $1,567 psf.

Which district is Mandalay Towers located in?

Mandalay Towers is located in District 11, which encompasses the Newton and Novena areas. This is a central residential district known for its proximity to medical hubs and the Orchard Road shopping belt.

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Insufficient data
Median PSF:$1567/sqft