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Singapore Property News, Insights and Analysis

Completed 1974

Mandalay Towers

D11 · Newton / Novena · 35 Mandalay Road

A 56-unit freehold apartment in D11, completed in 1974.

Source: Condo master (URA caveats); URA transactions, Nov 2026

Freehold
Tenure
1974
Completed
56
Units
940 m
Novena MRT

What brings you to Mandalay Towers?

Buying here? Get a second opinion. The last recorded sale here was $3.93M ($1,567 psf) in Apr 2025. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Mandalay Towers prices

All sales on record
40
Sales on record
Apr 2025
Latest sale
Average $psf by year
In 2025, sales here averaged $1,567 psf, 28% below the D11 average of $2,173 psf for private homes (condos, apartments and ECs).
This condoD11 average
Show as a table
YearThis condoD11 average
2025$1,567$2,173
2022$1,276$2,161
2021$1,116$1,847
2019$830$1,808
2017$917$1,714
2016$929$1,558
2015$921$1,517
2014$859$1,596
2012$969$1,651
2011$718$1,585
2009$809$1,236
2008$710$1,238
Sales by year
20 sales since 2007; the busiest year was 2007 with 6. The 2026 bar covers Jan–Nov.
Show as a table
YearResaleTotal
202600
202511
202400
202300
202211
202122
202000
201911
201800
201711
201611
201511
201411
201300
201222
201111
201000
200911
200811
200766
Sales in the last two years
DateUnitSizePrice$psfType
11 Apr 2025#04-XX2,508 sq ft$3.93M$1,567 psfResale
Compared with nearby condos
1-Bedroom units · average price and $psf, last 12 months

Prices by bedroom type are based on matching sales to unit sizes.

Last 12 monthsNo sales in the last 12 months.

Source: URA caveats, Nov 2026.

03 — Rent

Mandalay Towers rent

Leases starting Sep 2025–Aug 2026
7
Leases
$6,500
Median rent a month

D11 median rent: $4,800 a month; est. gross yield 2.1%.

Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Location

Near Mandalay Towers

MRT stations
NS Novena 940 m · 11 min walk
NS Toa Payoh 1.5 km · 19 min walk
NE Farrer Park 1.8 km · 21 min walk
NE Boon Keng 2.1 km · 25 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
St. Joseph's Institution Junior 750 m · 13 min walk
Hong Wen SchoolPopular 970 m · 18 min walk
Within 2 km
Farrer Park Primary School 1.3 km · 21 min walk
CHIJ Primary (Toa Payoh)Popular 1.3 km · 21 min walk
Kheng Cheng SchoolPopular 1.5 km · 26 min walk
Anglo-Chinese School (Primary)Popular 1.6 km · 27 min walk
Pei Chun Public SchoolPopular 1.6 km · 25 min walk
Bendemeer Primary School 1.8 km · 31 min walk
Anglo-Chinese School (Junior)Popular 1.8 km · 31 min walk
St Andrew's School (Junior) 2.0 km · 41 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park Novena Rise Park 1.4 km · 17 min
Clinic S Y Lee Clinic 450 m · 5 min
Supermarket FairPrice 540 m · 6 min
Hawker centre Whampoa Drive Makan Place/Whampoa Market 860 m · 10 min
Map of the area around Mandalay Towers, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

05 — Nearby

Condos and supply around Mandalay Towers

Upcoming supply
Dorset Road1.2 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Lorong 1 Toa Payoh1.6 km · about 735 units · 1.57 ha Awarded · $14,640 psm GFA · Nov 2023
Kitchener Link1.7 km · about 140 units · 0.42 ha Available for application
Peck Hay Road2.0 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026

Source: URA transactions; URA land sales; OneMap distances, Nov 2026

06 — FAQ

Questions about Mandalay Towers

Is Mandalay Towers freehold?

Yes. Mandalay Towers is a freehold apartment.

When was Mandalay Towers completed?

1974.

How many units does Mandalay Towers have?

56 units.

When was the last sale?

Apr 2025. There are 40 sales on record.

How much is the rent at Mandalay Towers?

Leases starting Sep 2025–Aug 2026 had a median rent of $6,500 a month.

What is the nearest MRT station?

Novena (NS), an 11-minute walk (940 m). Toa Payoh (NS) is 1.5 km away.

Which primary schools are within 1 km?

St. Joseph's Institution Junior, 750 m away and Hong Wen School, 970 m away.

Answers generated from the data on this page, Nov 2026