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RITZ MANSIONS

District 12 · BALESTIER ROAD

Overview

RITZ MANSIONS is a freehold condominium in District 12, Singapore, completed in 1995 with 126 units. The average transacted price is $1,295/sqft based on 15 recorded transactions. Nearby MRT: TOA PAYOH MRT STATION, NOVENA MRT STATION, BOON KENG MRT STATION.

Price Trends

Price Data (SGD)
Developer:City Development Limited

RITZ MANSIONS

Language:

Property Summary

Location
346 Balestier Road, District 12
Tenure
Freehold
Units
126
Completion
1995
Developer
City Developments Ltd (CDL)
Floors/Blocks
1 block, low-rise
Site Area
7,330 sqm (approx. 78,900 sqft)
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • TOA PAYOH MRT STATION
    Exit A1.24 km • 15 min walk
  • NOVENA MRT STATION
    Exit A1.26 km • 15 min walk
  • BOON KENG MRT STATION
    Exit A1.41 km • 17 min walk

Nearby Transport

Nearby Transport

  • TOA PAYOH MRT STATION
    Exit A1.24 km • 15 min walk
  • NOVENA MRT STATION
    Exit A1.26 km • 15 min walk
  • BOON KENG MRT STATION
    Exit A1.41 km • 17 min walk

Nearby Schools

Nearby Schools

  • HONG WEN SCHOOL
    PRIMARY0.66 km away
  • NORTHLIGHT SCHOOL
    SECONDARY0.74 km away
  • BENDEMEER SECONDARY SCHOOL
    SECONDARY0.93 km away
  • ST. JOSEPH'S INSTITUTION JUNIOR
    PRIMARY1.11 km away
  • CHIJ SECONDARY (TOA PAYOH)
    SECONDARY1.33 km away

Nearby Supermarkets

Nearby Supermarkets

  • Big Harvest Supermarket
    0.38 km away•BIG HARVEST SUPERMARKET PTE. LTD.
  • FAIRPRICE
    0.54 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • HAO MART
    0.85 km away•HAO MART PTE. LTD.
  • FAIRPRICE FINEST
    1.08 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • SHENG SIONG SUPERMARKET
    1.26 km away•SHENG SIONG SUPERMARKET PTE LTD

Property Analysis

Ritz Mansions is a freehold apartment located in District 12, covering the Toa Payoh and Balestier areas. The project features a median price of $1,660,000 with unit prices ranging from $1,234 to $1,475 per square foot.

AI-generated analysis based on available market data. Last updated 28 March 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
$1,780,000
Buyer's Stamp Duty
$52,600
Down Payment (25%)
$415,000
Est. Monthly Payment
$6,233/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
$52,600
Total Stamp Duty
$52,600
Estimated Monthly Payment
$6,233/mo

Neighbourhood Amenities

Transport

3
  • TOA PAYOH MRT STATION
  • NOVENA MRT STATION
  • BOON KENG MRT STATION

Education

17
  • HONG WEN SCHOOL
  • NORTHLIGHT SCHOOL
  • BENDEMEER SECONDARY SCHOOL
  • +14 more nearby

Convenience

10
  • Big Harvest Supermarket
  • FAIRPRICE
  • HAO MART
  • +7 more nearby

Rental Yield

Estimated gross yield for investors

Gross Yield
3.5%
Attractive
Monthly Rent
$5,200/mo
Median rental price
Annual Rental Income
$62,400/yr
Based on median rent

Recent Transactions

(15 of 15)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2025-06RITZ MANSIONSBALESTIER ROAD121 sqm (1302 sqft)$1,920,888$1475/sqft06-10ApartmentRCR12Freehold
2025-04RITZ MANSIONSBALESTIER ROAD121 sqm (1302 sqft)$1,880,000$1443/sqft01-05ApartmentRCR12Freehold
2023-06RITZ MANSIONSBALESTIER ROAD121 sqm (1302 sqft)$1,880,000$1443/sqft06-10ApartmentRCR12Freehold
2023-04RITZ MANSIONSBALESTIER ROAD121 sqm (1302 sqft)$1,850,000$1420/sqft01-05ApartmentRCR12Freehold
2022-09RITZ MANSIONSBALESTIER ROAD119 sqm (1281 sqft)$1,650,000$1288/sqft01-05ApartmentRCR12Freehold
2022-07RITZ MANSIONSBALESTIER ROAD80 sqm (861 sqft)$1,180,000$1370/sqft06-10ApartmentRCR12Freehold
2022-06RITZ MANSIONSBALESTIER ROAD119 sqm (1281 sqft)$1,628,000$1271/sqft06-10ApartmentRCR12Freehold
2022-05RITZ MANSIONSBALESTIER ROAD121 sqm (1302 sqft)$1,670,000$1282/sqft06-10ApartmentRCR12Freehold
2022-04RITZ MANSIONSBALESTIER ROAD119 sqm (1281 sqft)$1,585,000$1237/sqft06-10ApartmentRCR12Freehold
2021-11RITZ MANSIONSBALESTIER ROAD119 sqm (1281 sqft)$1,580,000$1234/sqft01-05ApartmentRCR12Freehold
2021-09RITZ MANSIONSBALESTIER ROAD149 sqm (1604 sqft)$1,840,000$1147/sqft01-05ApartmentRCR12Freehold
2021-08RITZ MANSIONSBALESTIER ROAD145 sqm (1561 sqft)$1,850,000$1185/sqft01-05ApartmentRCR12Freehold
2021-03RITZ MANSIONSBALESTIER ROAD145 sqm (1561 sqft)$1,780,000$1140/sqft06-10ApartmentRCR12Freehold
2021-02RITZ MANSIONSBALESTIER ROAD80 sqm (861 sqft)$1,200,000$1394/sqft06-10ApartmentRCR12Freehold
2019-12RITZ MANSIONSBALESTIER ROAD157 sqm (1690 sqft)$1,838,720$1088/sqft06-10ApartmentRCR12Freehold

Market Statistics

Properties For Rent (1)

RITZ MANSIONS 1
RITZ MANSIONS 2
RITZ MANSIONS 3
RITZ MANSIONS 4
RITZ MANSIONS 5
RITZ MANSIONS 6
RITZ MANSIONS 7
RITZ MANSIONS 8
For Rent
Condominium
1/8
$5,200/mo

RITZ MANSIONS

346 BALESTIER ROAD SINGAPORE 329776

3Beds
2Baths
1,302sqft
Verified
View Details
View all rental properties in RITZ MANSIONS

Frequently Asked Questions

What is the tenure and district of Ritz Mansions?

Ritz Mansions is a freehold apartment located in District 12, which encompasses Toa Payoh and Balestier. Freehold status allows for indefinite ownership compared to leasehold properties.

What is the median transaction price for the project?

The median price for units in Ritz Mansions is $1,660,000. This is based on a total of 15 recorded transactions.

What are the recent PSF trends for Ritz Mansions?

The PSF has ranged from $1,234 to $1,475, with a median PSF of $1,282.217. The most recent transaction in June 2025 was recorded at $1,475 psf.

How much do the 1,302 sqft units typically sell for?

Between April 2023 and June 2025, 1,302 sqft units have sold for prices ranging from $1,850,000 to $1,920,888. This indicates a price range of $1,420 to $1,475 psf for this specific size.

How many transactions have been recorded at Ritz Mansions?

There have been 15 transactions recorded for this project. The most recent sales occurred in April and June of 2025.

What was the price of a unit in 2022 compared to 2025?

In September 2022, a 1,281 sqft unit sold for $1,650,000 at $1,288 psf. By June 2025, a 1,302 sqft unit sold for $1,920,888 at $1,475 psf.

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Stable prices2.2% overall change
2 years change:+2.2% ($1443 → $1475)
Median PSF:$1443/sqft