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Singapore Property News, Insights and Analysis

Completed 2009

The Axis

D11 · Newton / Novena · 47 Mandalay Road

A 52-unit freehold apartment in D11, completed in 2009. Developed by Novelty Asia Pte Ltd.

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

Freehold
Tenure
$1,798
Avg $psf, 12 months
3
Sales, 12 months
2009
Completed

What brings you to The Axis?

Buying here? Get a second opinion. 2-bedders here sold for $1.36M to $1.47M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

Stacked works with licensed property agents.

Get a second opinion
02 — Prices

The Axis prices

Last 12 months
3
Sales
$1,798
Average $psf
$1,791 – $1,805
$psf range
$1.36M – $1.47M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
2-Bedroom3 sales$1,798 psf$1.36M – $1.47M753–818 sq ft

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

By unit size
Last 3 years
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft1 sale$1,896 psf$755k
700–899 sq ft9 sales$1,748 psfAvg $1.4M$1.3M – $1.47M
1,100–1,299 sq ft1 sale$1,621 psf$1.85M
Average $psf by year
In 2025, sales here averaged $1,752 psf, 19% 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
2026$1,798$2,580
2025$1,752$2,173
2024$1,673$2,214
2023$1,705$2,526
2022$1,455$2,161
2021$1,392$1,847
2020$1,359$1,837
2019$1,472$1,808
2018$1,362$1,677
2017$1,227$1,714
2015$1,364$1,517
2014$1,473$1,596
Sales by year
143 sales since 2007; the busiest year was 2007 with 58. The 2026 bar covers Jan–Nov.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
20260033
20250066
20240022
20230022
20220011
20210044
20200044
20190033
20180055
20170044
20160000
20150011
20140022
20130000
20120022
20110246
2010022022
2009017017
20080101
2007508058
Sales in the last two years
9 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
29 May 2026#03-XX753 sq ft · 2-Bedroom$1.36M$1,805 psfResale
25 May 2026#09-XX818 sq ft · 2-Bedroom$1.47M$1,791 psfResale
20 Apr 2026#13-XX818 sq ft · 2-Bedroom$1.47M$1,797 psfResale
22 Aug 2025#03-XX818 sq ft · 2-Bedroom$1.42M$1,739 psfResale
7 Aug 2025#08-XX398 sq ft · 1-Bedroom$755k$1,896 psfResale
25 Apr 2025#08-XX818 sq ft · 2-Bedroom$1.44M$1,758 psfResale
14 Apr 2025#11-XX818 sq ft · 2-Bedroom$1.46M$1,785 psfResale
7 Feb 2025#06-XX818 sq ft · 2-Bedroom$1.43M$1,746 psfResale
27 Jan 2025#04-XX818 sq ft · 2-Bedroom$1.3M$1,589 psfResale
Compared with nearby condos
Compared with D11 and the five nearest similar condos · average $psf and price, all unit sizes

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

Source: URA caveats, Nov 2026. The 2026 averages cover Jan–Nov.

03 — Rent

The Axis rent

Leases starting Sep 2025–Aug 2026
19
Leases
$3,783
Median rent a month
$1.43M
Avg sale price, 12 months
3.2%
Est. gross yield

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

By bedroom type
TypeLeasesMedian rentMiddle halfD11 medianEst. yield
1-Bedroom6 leases$2,875 median$2,750 – $3,025D11 $3,300– yield
2-Bedroom10 leases$3,825 median$3,638 – $4,594D11 $4,5003.2% yield
3-Bedroom3 leases$4,700 median$4,600 – $5,000D11 $6,400– yield
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 — Unit mix

The Axis floor plans by bedroom type

7 layouts, from a 753 sq ft 2-bedroom to a 2,207 sq ft penthouse. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

05 — Location

Near The Axis

MRT stations
NS Novena 1.0 km · 13 min walk
NS Toa Payoh 1.5 km · 18 min walk
NE Farrer Park 1.7 km · 21 min walk
NE Boon Keng 1.9 km · 23 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 900 m · 15 min walk
Hong Wen SchoolPopular 910 m · 16 min walk
Within 2 km
CHIJ Primary (Toa Payoh)Popular 1.3 km · 20 min walk
Farrer Park Primary School 1.4 km · 22 min walk
Kheng Cheng SchoolPopular 1.4 km · 24 min walk
Pei Chun Public SchoolPopular 1.5 km · 24 min walk
Anglo-Chinese School (Primary)Popular 1.7 km · 29 min walk
Bendemeer Primary School 1.7 km · 29 min walk
St Andrew's School (Junior) 1.8 km · 39 min walk
First Toa Payoh Primary School 1.9 km · 32 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 Toa Payoh Town Park 860 m · 10 min
Clinic S Y Lee Clinic 360 m · 4 min
Supermarket FairPrice 380 m · 5 min
Hawker centre Whampoa Drive Makan Place/Whampoa Market 700 m · 8 min
Map of the area around The Axis, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Nov 2026

06 — Nearby

Condos and supply around The Axis

Upcoming supply
Dorset Road1.2 km · about 404 units · 1.04 ha Awarded · $14,405 psm GFA · Oct 2025
Lorong 1 Toa Payoh1.5 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 Road2.1 km · about 299 units · 0.55 ha Awarded · $20,076 psm GFA · Jun 2026

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

07 — FAQ

Questions about The Axis

Is The Axis freehold?

Yes. The Axis is a freehold apartment.

When was The Axis completed?

2009.

How many units does The Axis have?

52 units, up to 15 storeys.

What sizes are the 2-bedroom units?

753 to 818 sq ft across two layouts.

What is the price psf at The Axis?

3 sales in the last 12 months averaged $1,798 psf, ranging from $1,791 to $1,805 psf.

What did the latest sale go for?

A 753 sq ft unit sold for $1.36M ($1,805 psf) on 29 May 2026.

How much is the rent at The Axis?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,783 a month ($2,875 for a 1-bedroom, $3,825 for a 2-bedroom and $4,700 for a 3-bedroom). That is an estimated gross yield of about 3.2%, before costs.

What is the nearest MRT station?

Novena (NS), a 13-minute walk (1.0 km). Toa Payoh (NS) is 1.5 km away.

Which primary schools are within 1 km?

St. Joseph's Institution Junior, 900 m away and Hong Wen School, 910 m away.

Who developed The Axis?

Novelty Asia Pte Ltd.

Answers generated from the data on this page, Nov 2026