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MONARCHY APARTMENTS

District 11 | MANDALAY ROAD

Developed by Queens Square Investment Pte Ltd (Land Resources)

Tenure
Freehold
Est. TOP
1998
Total units
39
Unit mix
On request
Request viewingCompare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit mix will be updated when the developer releases it.

Price range

Median transactedFrom $885,420
Projects›MONARCHY APARTMENTS

Projects analysis

MONARCHY APARTMENTS

D11 · MANDALAY ROAD

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$735 psf

+12.7% vs last 6m

Avg. price

S$761 psf

Volume (6m)

1 units

Take-up rate

100%

Units sold

39 / 39

Price psf trend

Latest project transactions

+12.7%
$1,454$1,372$1,290Mar 2022Jul 2023

Unit mix

No data

No unit mix data available.

Launch timeline

First recordDec 1995
Latest saleJul 2023
Completion1998
TenureFreehold

Comparable projects

10 EVELYND11Private10 SHELFORDD11Private18 SHELFORDD11Private1 MOULMEIN RISED11Private

Kai insight

Positive

MONARCHY APARTMENTS shows positive PSF movement of 12.7% across the available transaction window, with 60 recorded sales. Average pricing is S$761 psf.

Active resale dataTransit accessDistrict context
View all Kai analysis

Project facts

Address
MANDALAY ROAD
Tenure
Freehold
Completion
1998
Total units
39
Developer
Queens Square Investment Pte Ltd (Land Resources)

Site plan

Site plan details are available on request.

Facilities

Facilities will be updated when the developer publishes them.

Location amenities

Transport

5

NOVENA MRT STATION

0.95 km · 11 min walk

TOA PAYOH MRT STATION

1.10 km · 13 min walk

TOA PAYOH MRT STATION

1.11 km · 13 min walk

NOVENA MRT STATION

1.16 km · 14 min walk

Education

19

NORTHLIGHT SCHOOL

SECONDARY · 0.89 km away

HONG WEN SCHOOL

PRIMARY · 0.90 km away

ST. JOSEPH'S INSTITUTION JUNIOR

PRIMARY · 0.92 km away

CHIJ SECONDARY (TOA PAYOH)

SECONDARY · 1.14 km away

Convenience

10

Big Harvest Supermarket

0.31 km away · BIG HARVEST SUPERMARKET PTE. LTD.

FAIRPRICE FINEST

0.47 km away · NTUC FAIRPRICE CO-OPERATIVE LTD

FAIRPRICE

0.63 km away · NTUC FAIRPRICE CO-OPERATIVE LTD

CAVEMEN

0.76 km away · CAVEMEN PTE. LTD.

Buyer costs

Median price

$885,420

Based on project transactions

Buyer's Stamp Duty

$40,600

Before ABSD profile changes

Down payment

$350,000

25% estimate

Monthly payment

$5,257/mo

25-year loan at 3.5%

Median rent

No rental data

Based on active rentals

Gross yield

Insufficient data

Annual rent over median price

Recent transactions

111 transaction records

Sales (60)

Jul 2023

Apartment · 51 MANDALAY ROAD #09-03

$1,690,000 · $1,454 psf

Mar 2022

Apartment · 51 MANDALAY ROAD #14-03

$1,500,000 · $1,290 psf

Jun 2021

Apartment · 51 MANDALAY ROAD #03-01

$1,300,000 · $998 psf

Nov 2019

Apartment · 51 MANDALAY ROAD #02-01

$1,280,000 · $1,101 psf

Mar 2019

Apartment · 51 MANDALAY ROAD #12-02

$1,270,000 · $1,044 psf

Jan 2019

Apartment · 51 MANDALAY ROAD #07-03

$1,350,000 · $1,161 psf

Sept 2018

Apartment · 51 MANDALAY ROAD #09-01

$1,385,000 · $1,063 psf

Dec 2015

Apartment · 51 MANDALAY ROAD #11-03

$1,203,000 · $1,035 psf

Rentals (51)

Jan 2026

Non-landed Properties · MANDALAY ROAD

$5,500/mo · 1200-1300

Sept 2025

Non-landed Properties · MANDALAY ROAD

$5,000/mo · 1200-1300

Jun 2025

Non-landed Properties · MANDALAY ROAD

$4,900/mo · 1100-1200

Jun 2025

Non-landed Properties · MANDALAY ROAD

$4,300/mo · 1300-1400

Apr 2025

Non-landed Properties · MANDALAY ROAD

$4,750/mo · 1300-1400

Mar 2025

Non-landed Properties · MANDALAY ROAD

$5,000/mo · 1300-1400

Dec 2024

Non-landed Properties · MANDALAY ROAD

$4,600/mo · 1300-1400

Dec 2024

Non-landed Properties · MANDALAY ROAD

$5,200/mo · 1300-1400

Market review

Monarchy Apartments is a freehold apartment development located in District 11, serving the Newton and Novena areas. The project features a median price of $1,400,000 with recorded transaction prices ranging from $1,280,000 to $1,690,000.

AI-generated analysis based on available market data. Last updated May 2026.

Frequently asked questions

What is the tenure and location of Monarchy Apartments?

Monarchy Apartments is a freehold development located in District 11, which encompasses the Newton and Novena planning areas. The freehold status allows for indefinite ownership, which is a key characteristic of properties in this central district.

What was the most recent transacted price at Monarchy Apartments?

The most recent transaction occurred on July 1, 2023, for a price of $1,690,000. This unit measured 1,163 sqft, resulting in a PSF rate of $1,454.

What are the typical unit sizes available in this development?

Based on recent transaction data, unit sizes at Monarchy Apartments include 1,163 sqft and 1,302 sqft. The 1,163 sqft configuration is the most frequently transacted size in the recorded data set.

How has the PSF changed over the last few years?

The PSF has seen an upward trend, moving from $1,101 in November 2019 to $1,290 in March 2022, and reaching $1,454 by July 2023. However, a larger 1,302 sqft unit transacted at a lower rate of $998 PSF in June 2021.

What is the median price and PSF for the project?

The median price for Monarchy Apartments is $1,400,000, while the median PSF is $1,195.698. These figures are calculated based on the four most recent transactions provided in the data.

How active is the resale market for Monarchy Apartments?

The resale market shows low transaction volume with only four recorded sales between November 2019 and July 2023. This indicates that units in this development are infrequently traded on the open market.