District 11 · MANDALAY ROAD
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.
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.
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| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-07 | MONARCHY APARTMENTS | MANDALAY ROAD | 108 sqm (1163 sqft) | $1,690,000 | $1454/sqft | 06-10 | Apartment | CCR | 11 | Freehold |
| 2022-03 | MONARCHY APARTMENTS | MANDALAY ROAD | 108 sqm (1163 sqft) | $1,500,000 | $1290/sqft | 11-15 | Apartment | CCR | 11 | Freehold |
| 2021-06 | MONARCHY APARTMENTS | MANDALAY ROAD | 121 sqm (1302 sqft) | $1,300,000 | $998/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
| 2019-11 | MONARCHY APARTMENTS | MANDALAY ROAD | 108 sqm (1163 sqft) | $1,280,000 | $1101/sqft | 01-05 | Apartment | CCR | 11 | Freehold |
Monarchy Apartments is a freehold property. This status provides permanent ownership rights in the District 11 region without the concerns of leasehold decay.
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.
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.
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.
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.
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.
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