MONARCHY APARTMENTS

District 11 · MANDALAY ROAD

Price Trends

Insufficient data

2 years change:+12.7%($1290 → $1454)

Median PSF:$1454/sqft

Price Data (SGD)

Language:

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

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
Parking	Covered car park available but limited
Key Features	Peaceful locale, security with card key system, tennis facilities
Facilities	Tennis court, covered parking
Unit Types	3-bedroom units with 6 different floor plans
Size Range	1,152 sqft to 1,302 sqft (107-121 sqm)
Price Range	Recent transactions at S$1,454 psf (as of July 2023)
Nearest MRT	Novena MRT Station (0.76km direct, 11 min walk), Toa Payoh MRT Station (0.88km direct, 13 min walk)
Nearby Schools	Hong Wen School, St. Joseph's Institution Junior, NorthLight School, CHIJ Secondary (Toa Payoh)
Nearby Amenities	Big Harvest Supermarket (0.31km), NTUC FairPrice Finest (0.47km), Square Two, Zhong Shan Mall, Shaw Plaza, Balestier Plaza
Investment Outlook	Current rental yield of approximately 3.3%, recent rental transactions around S$4,600-4,800 (2024)

Information is subject to change and should be verified independently.

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(4 of 4)

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