M21

Apartment · in Novena, District 11, Singapore · Freehold · Completed 2010

Data through 17 July 2026

M21 site plan and project gallery

Site plan is shown first when available. Scroll to view more project images.

Intro: M21 provides a private, freehold living experience in District 11, placing residents within a short walk of Novena MRT station and the medical hub 🏥.
Good to know: Located within 1km of St. Joseph's Institution Junior 🏫; Features an intimate mix of 1- to 4-bedroom units and penthouses 🏡; Freehold tenure in the central Novena area 📍.
Practical note: With only 61 units, this boutique development offers a quiet, low-density environment rather than the expansive facility lists found in larger mega-projects.

D11CCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.4

Annual Returns

Avg annualized profit (past 1y)

3.7%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

M21 project details

Street

Mandalay Road

Developer

Fortune Capital Pte Ltd

Property Type

Apartment

Completion

2010

Total Units

Plot Ratio

2.8

Unit Size

710 - 3,208 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near M21

Novena523 m MRTNS20

See details on nearby stations

Primary schools near M21

St. Joseph'S Institution Junior654 m
Hong Wen School963 m

See details on nearby schools

M21 price, PSF and transaction trends

100%

Sold At Launch

15%

HDB Buyers

$200.0M+

Total Transacted

10-09-2007

First Transacted

17-07-2026

Last Transacted

108

Total Transactions

M21 transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for M21, the median price was S$2,865,000 and the median PSF was S$1,721 psf. The newest record shown is from 17 July 2026. The annual project median was 38.2% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent M21 transactions

Date	Sale type	Price	PSF	Size
17 July 2026	Resale	S$2,750,000	S$2,044 psf	1,346 sqft
29 June 2026	Resale	S$3,380,000	S$1,926 psf	1,755 sqft
1 April 2026	Resale	S$3,538,888	S$2,017 psf	1,755 sqft
1 August 2025	Resale	S$1,800,000	S$1,689 psf	1,066 sqft
7 June 2024	Resale	S$1,750,000	S$1,642 psf	1,066 sqft

M21 median transaction PSF (S$)

M21 annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$3,380,000	S$2,017 psf	3
2025	S$1,800,000	S$1,689 psf	1
2024	S$1,858,888	S$1,744 psf	3
2023	S$3,180,000	S$1,307 psf	1
2022	S$2,550,000	S$1,675 psf	5
2021	S$2,075,000	S$1,554 psf	12
2020	S$2,525,000	S$1,439 psf	3
2019	S$1,587,500	S$1,460 psf	4

73.3%

% Profitable

Profitable

Unprofitable

> 6% Annualized

6.5 yrs

Avg Holding

$8.0M

Total Profits

M21 annualized profit %

View full details

M21 rental prices and estimated yield

Past 1 month

$4.38

Avg PSF Rental

No. of Rentals

2.6%

Est. Rental Yield

Among the latest 12 recorded rental contracts for M21, the median monthly rent was S$5,050, with records ranging from S$3,300 to S$7,500.

Recent M21 rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 May 2026	4 BR	S$7,500	S$4 psf	1700-1800
1 May 2026	2 BR	S$5,100	S$5 psf	1000-1100
1 May 2026	4 BR	S$6,800	S$4 psf	1700-1800
1 February 2026	4 BR	S$7,200	S$4 psf	1700-1800
1 February 2026	2 BR	S$5,000	S$5 psf	1000-1100

M21 rental volume

View full details

Frequently asked questions about M21

How much do units at M21 cost?

The latest 12 recorded sales show a median price of S$2,865,000 and a median of S$1,721 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at M21?

The latest recorded median monthly rent is S$5,050 and the estimated rental yield based on the past six months is 2.6%. Rental yield is indicative and can vary by unit and costs.

Is M21 freehold or leasehold?

M21 has a tenure of Freehold.

When was M21 completed and who developed it?

M21 was completed in 2010, the developer is Fortune Capital Pte Ltd, and the project has 61 units.

Which MRT or LRT station is nearest to M21?

Novena is the nearest station shown, at an estimated straight-line distance of 523 metres.

Which primary schools are near M21?

The primary schools shown within the page’s one-kilometre search are St. Joseph'S Institution Junior (654 m) and Hong Wen School (963 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 17 July 2026. Figures are indicative and do not constitute financial advice.