Monarchy Apartments

Apartment · in Novena, District 11, Singapore · Freehold · Completed 1997

Data through 1 June 2026

Monarchy Apartments site plan and project gallery

Site plan of Monarchy Apartments in Singapore

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

Intro: Monarchy Apartments offers a spacious, freehold living experience in the heart of Novena, providing residents with easy access to nearby shopping, dining, and essential amenities 🏙️.
Good to know: Features a boutique selection of 39 generous three-bedroom units 🏠; Located within 1km of Hong Wen School and St. Joseph's Institution Junior 🏫; Completed in 1997 with a quiet residential feel in District 11.
Practical note: While well-located, the 12-minute walk to Novena MRT station 🚇 means you may prefer a quick bus ride or short drive for daily commuting.

D11CCRCentralNovena

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Monarchy Apartments project details

Street

Mandalay Road

Property Type

Apartment

Completion

1997

Total Units

-1

Plot Ratio

2.8

Unit Size

1,152 - 1,302 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Monarchy Apartments

Novena757 m MRTNS20
Toa Payoh882 m MRTNS19

See details on nearby stations

Primary schools near Monarchy Apartments

Hong Wen School887 m
St. Joseph'S Institution Junior941 m

See details on nearby schools

Monarchy Apartments price, PSF and transaction trends

28%

HDB Buyers

$56.0M+

Total Transacted

23-12-1995

First Transacted

11-07-2023

Last Transacted

Total Transactions

Monarchy Apartments transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Monarchy Apartments, the median price was S$1,290,000 and the median PSF was S$1,054 psf. The newest record shown is from 11 July 2023. The annual project median was 90.8% higher in 2023 than in 2010; unit mix can affect year-to-year comparisons.

Recent Monarchy Apartments transactions

Date	Sale type	Price	PSF	Size
11 July 2023	Resale	S$1,690,000	S$1,454 psf	1,163 sqft
10 March 2022	Resale	S$1,500,000	S$1,290 psf	1,163 sqft
11 June 2021	Resale	S$1,300,000	S$998 psf	1,302 sqft
18 November 2019	Resale	S$1,280,000	S$1,101 psf	1,163 sqft
5 March 2019	Resale	S$1,270,000	S$1,044 psf	1,216 sqft

Monarchy Apartments median transaction PSF (S$)

Monarchy Apartments annual price trend

Year	Median price	Median PSF	Recorded sales
2023	S$1,690,000	S$1,454 psf	1
2022	S$1,500,000	S$1,290 psf	1
2021	S$1,300,000	S$998 psf	1
2019	S$1,280,000	S$1,101 psf	3
2018	S$1,385,000	S$1,063 psf	1
2015	S$1,219,000	S$1,025 psf	2
2012	S$1,250,000	S$1,010 psf	2
2010	S$980,000	S$762 psf	5

63.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

10.1 yrs

Avg Holding

$3.9M

Total Profits

Monarchy Apartments annualized profit %

View full details

Monarchy Apartments rental prices and estimated yield

Past 1 month

$4.52

Avg PSF Rental

No. of Rentals

Among the latest 12 recorded rental contracts for Monarchy Apartments, the median monthly rent was S$4,950, with records ranging from S$4,300 to S$6,000.

Recent Monarchy Apartments rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 June 2026	3 BR	S$5,500	S$5 psf	1100-1200
1 June 2026	3 BR	S$4,700	S$4 psf	1100-1200
1 May 2026	3 BR	S$6,000	S$5 psf	1200-1300
1 January 2026	3 BR	S$5,500	S$4 psf	1200-1300
1 September 2025	3 BR	S$5,000	S$4 psf	1200-1300

Monarchy Apartments rental volume

View full details

Frequently asked questions about Monarchy Apartments

How much do units at Monarchy Apartments cost?

The latest 12 recorded sales show a median price of S$1,290,000 and a median of S$1,054 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Monarchy Apartments?

The latest recorded median monthly rent is S$4,950. Rental yield is indicative and can vary by unit and costs.

Is Monarchy Apartments freehold or leasehold?

Monarchy Apartments has a tenure of Freehold.

When was Monarchy Apartments completed?

Monarchy Apartments was completed in 1997.

Which MRT or LRT station is nearest to Monarchy Apartments?

Novena is the nearest station shown, at an estimated straight-line distance of 757 metres.

Which primary schools are near Monarchy Apartments?

The primary schools shown within the page’s one-kilometre search are Hong Wen School (887 m) and St. Joseph'S Institution Junior (941 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 1 June 2026. Figures are indicative and do not constitute financial advice.