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Mandalay Towers

D11CCRCentralNovena
REALSCOREⓘ
Profitability rank across Singapore
2.3
User Score
User ratings for this property
N.A.
Annual Returns
Avg annualized profit (past 1y)
5.9%

Mandalay Towers offers spacious, older-generation freehold apartments in Novena that cater to those prioritizing generous floor plans over modern frills, all while keeping you within a ten-minute walk of the MRT 🚆.
Good to know: Features rare, massive layouts including units exceeding 5,000 sqft 🏠; Located within 1km of St. Joseph's Institution Junior and other key schools 🏫; Situated in the heart of the Novena medical and commercial hub 🏥.
Practical note: As a 1974-built property, the building shows its age and lacks the extensive recreational facilities found in newer developments, making it better suited for buyers who value space and location over lifestyle amenities.

< 1km
MRT Station
Near
$1M+ HDB
> 1K
MOPs in Town
Mega
Development
< 10y
Property Age
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Project Facts

Street
Mandalay Road
Developer
N.A.
Property Type
Apartment
Completion
1974
Total Units
-1
Plot Ratio
2.8
Unit Size
2,497 - 5,059 sqft
Tenure
Freehold
Lease Remaining
Freehold
Postal Sector
30

Nearby Stations

  • Novena575 m MRTNS20
  • Toa Payoh950 m MRTNS19
See details on nearby stations

Nearby Primary Schools

  • St. Joseph'S Institution Junior766 m
  • Hong Wen School955 m
See details on nearby schools

Transaction

N.A.
Sold At Launch
8%
HDB Buyers
$65.4M+
Total Transacted
01-05-1995
First Transacted
11-04-2025
Last Transacted
40
Total Transactions

Transaction Volume

Transaction Volume001222014 · Resale: 120142015 · Resale: 120152016 · Resale: 120162017 · Resale: 120172019 · Resale: 120192021 · Resale: 220212022 · Resale: 120222025 · Resale: 12025
New SaleSub SaleResale
80.0%
% Profitable
12
Profitable
3
Unprofitable
6
> 6% Annualized
7.5 yrs
Avg Holding
$10.8M
Total Profits

Annualized Profit %

Annualized Profit %-10.0%0.0%10.0%20.0%2012 · Average Annualized Profit: 19.9%20122014 · Average Annualized Profit: 9.7%20142015 · Average Annualized Profit: 2.6%20152016 · Average Annualized Profit: -2.1%20162017 · Average Annualized Profit: 3.4%20172019 · Average Annualized Profit: 8.0%20192021 · Average Annualized Profit: 2.9%20212025 · Average Annualized Profit: 5.9%2025
View full details

Rental

Past 1 month
$2.42
Avg PSF Rental
5
No. of Rentals
1.9%
Est. Rental Yield

Rental Volume

Rental Volume024682019 · Rentals: 320192020 · Rentals: 320202021 · Rentals: 220212022 · Rentals: 720222023 · Rentals: 220232024 · Rentals: 720242025 · Rentals: 420252026 · Rentals: 42026
View full details
Unit Distribution
TypeUnits%Size
3 BR23.60%2,562 sqft
4 BR2239.30%2,497 - 2,508 sqft
5 BR11.80%5,059 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
3530821583.3%7.1%
3930821666.7%3.9%
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