1. Home
  2. Projects
  3. MONARCHY APARTMENTS

MONARCHY APARTMENTS

District 11 · MANDALAY ROAD

Overview

MONARCHY APARTMENTS is a freehold condominium in District 11, Singapore, completed in 1998 with 39 units. The average transacted price is $1,211/sqft based on 4 recorded transactions. Nearby MRT: NOVENA MRT STATION, TOA PAYOH MRT STATION.

Price Trends

Price Data (SGD)
Developer:Queens Square Investment Pte Ltd (Land Resources)

MONARCHY APARTMENTS

Language:

Property Summary

Location
51 Mandalay Road, District 11, Singapore 308231
Tenure
Freehold
Units
39 units
Completion
1998 (completed in 1997-1998)
Developer
Queens Square Investment Pte Ltd (Land Resources)
Floors/Blocks
14 floors, 1 block
Site Area
1,767 sqm with Gross Floor Area of 4,946 sqm
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • NOVENA MRT STATION
    Exit A0.95 km • 11 min walk
  • TOA PAYOH MRT STATION
    Exit B1.10 km • 13 min walk

Nearby Transport

Nearby Transport

  • NOVENA MRT STATION
    Exit A0.95 km • 11 min walk
  • TOA PAYOH MRT STATION
    Exit B1.10 km • 13 min walk

Nearby Schools

Nearby Schools

  • NORTHLIGHT SCHOOL
    SECONDARY0.89 km away
  • HONG WEN SCHOOL
    PRIMARY0.90 km away
  • ST. JOSEPH'S INSTITUTION JUNIOR
    PRIMARY0.92 km away
  • CHIJ SECONDARY (TOA PAYOH)
    SECONDARY1.14 km away
  • BENDEMEER SECONDARY SCHOOL
    SECONDARY1.21 km away

Nearby Supermarkets

Nearby Supermarkets

  • Big Harvest Supermarket
    0.46 km away•BIG HARVEST SUPERMARKET PTE. LTD.
  • FAIRPRICE FINEST
    0.70 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • FAIRPRICE
    0.95 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • CAVEMEN
    1.14 km away•CAVEMEN PTE. LTD.
  • DON DON DONKI
    1.23 km away•PAN PACIFIC RETAIL MANAGEMENT (SINGAPORE) PTE. LTD.

Property Analysis

Monarchy Apartments is a freehold apartment development located in District 11, serving the Newton and Novena areas. The project features a median transaction price of $1,400,000 and a price range between $998 and $1,454 per square foot.

AI-generated analysis based on available market data. Last updated 8 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
$1,500,000
Buyer's Stamp Duty
$40,600
Down Payment (25%)
$350,000
Est. Monthly Payment
$5,257/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
$40,600
Total Stamp Duty
$40,600
Estimated Monthly Payment
$5,257/mo

Neighbourhood Amenities

Transport

2
  • NOVENA MRT STATION
  • TOA PAYOH MRT STATION

Education

19
  • NORTHLIGHT SCHOOL
  • HONG WEN SCHOOL
  • ST. JOSEPH'S INSTITUTION JUNIOR
  • +16 more nearby

Convenience

10
  • Big Harvest Supermarket
  • FAIRPRICE FINEST
  • FAIRPRICE
  • +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
2023-07MONARCHY APARTMENTSMANDALAY ROAD108 sqm (1163 sqft)$1,690,000$1454/sqft06-10ApartmentCCR11Freehold
2022-03MONARCHY APARTMENTSMANDALAY ROAD108 sqm (1163 sqft)$1,500,000$1290/sqft11-15ApartmentCCR11Freehold
2021-06MONARCHY APARTMENTSMANDALAY ROAD121 sqm (1302 sqft)$1,300,000$998/sqft01-05ApartmentCCR11Freehold
2019-11MONARCHY APARTMENTSMANDALAY ROAD108 sqm (1163 sqft)$1,280,000$1101/sqft01-05ApartmentCCR11Freehold

Market Statistics

Frequently Asked Questions

What is the tenure of Monarchy Apartments?

Monarchy Apartments is a freehold property. This status provides permanent ownership rights in the District 11 region without the concerns of leasehold decay.

What was the highest recorded price per square foot?

The highest recorded price is $1,454 psf, set in July 2023. This was for a 1,163 sqft unit that sold for a total of $1,690,000.

What is the lowest price recorded in recent years?

The lowest recorded transaction price in the provided data is $1,280,000 from November 2019. This was for a 1,163 sqft unit at a rate of $1,101 psf.

What unit sizes are available at Monarchy Apartments?

Recent transactions show unit sizes of 1,163 sqft and 1,302 sqft. The 1,302 sqft unit was transacted in June 2021 for $1,300,000.

How have prices for the 1,163 sqft units changed?

The price for a 1,163 sqft unit increased from $1,280,000 in 2019 to $1,690,000 in 2023. This represents a capital appreciation of $410,000 over approximately four years.

What is the median price per square foot for the project?

The median price per square foot for the development is $1,195.698. This figure is derived from a transaction range between $998 psf and $1,454 psf.

Related Articles

Guides and analysis about MONARCHY APARTMENTS

Mandalay Mansion For Rent: D11 Units & Rentals Guide | Homejourney
Property Developments

Mandalay Mansion For Rent: D11 Units & Rentals Guide | Homejourney

Discover Mandalay Mansion for rent on Minbu Road, D11. Explore available rentals, monthly rent prices, Newton/Novena condo options. Safe, verified listings on Homejourney – browse now!

8 Mar 2026
Residences @ Novena D11: Units, Prices, Amenities & Investment Guide | Homejourney
Property Developments

Residences @ Novena D11: Units, Prices, Amenities & Investment Guide | Homejourney

Discover Residences @ Novena in Singapore District 11: unit types, condo prices, Jalan Novena location perks, and investment potential. Homejourney's trusted guide for safe property decisions.

6 Mar 2026
Capitol Park For Sale: D11 Landed Units on Homejourney
Property Developments

Capitol Park For Sale: D11 Landed Units on Homejourney

Discover Capitol Park for sale in District 11: freehold landed properties from S$6.5M. View available units, prices, investment potential on Homejourney's trusted platform.

1 Mar 2026
Adam Green For Rent: D11 Condo Rentals Guide | Homejourney
Property Developments

Adam Green For Rent: D11 Condo Rentals Guide | Homejourney

Ultimate guide to Adam Green for rent in District 11. Explore available rentals, prices from S$2,800, amenities & tenant tips. Browse safe listings on Homejourney today.

26 Feb 2026
Gilstead Court For Sale: D11 Units on Homejourney Guide
Property Developments

Gilstead Court For Sale: D11 Units on Homejourney Guide

Discover Gilstead Court for sale in District 11. Explore available units, prices, trends & buying guide on Homejourney. Safe, verified D11 condo listings for Newton/Novena buyers.

19 Feb 2026
Watten Estate For Rent: D11 Luxury Rentals on Homejourney
Property Developments

Watten Estate For Rent: D11 Luxury Rentals on Homejourney

Discover Watten Estate for rent: Park Vale luxury units in Newton/Novena. View available rentals, prices, amenities & tenant guide on Homejourney for safe, trusted D11 rentals.

19 Feb 2026
View all guides for MONARCHY APARTMENTS

Similar Properties

Other private properties in District 11

10 EVELYN

District 11Private
View details

10 SHELFORD

District 11Private
View details

18 SHELFORD

District 11Private
View details

1 MOULMEIN RISE

District 11Private
View details

21 SHELFORD

District 11Private
View details

26 NEWTON

District 11Private
View details

Get Notified About New Listings

Save this property as your search criteria and we'll notify you when similar properties become available.

  • Receive updates about new listings in MONARCHY APARTMENTS
  • Get notified about price changes
  • Stay informed about market trends in this area
Save This Search
Insufficient data
2 years change:+12.7% ($1290 → $1454)
Median PSF:$1454/sqft