District 11 · MANDALAY ROAD
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.
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.
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| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-04 | MANDALAY TOWERS | MANDALAY ROAD | 233 sqm (2508 sqft) | $3,930,000 | $1567/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2022-03 | MANDALAY TOWERS | MANDALAY ROAD | 233 sqm (2508 sqft) | $3,200,000 | $1276/sqft | 06-10 | Apartment | CCR | 11 | Freehold |
| 2021-04 | MANDALAY TOWERS | MANDALAY ROAD | 233 sqm (2508 sqft) | $2,800,000 | $1116/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2021-03 | MANDALAY TOWERS | MANDALAY ROAD | 233 sqm (2508 sqft) | $2,800,000 | $1116/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
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.
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.
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.
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.
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.
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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