Monarchy Apartments
MANDALAY ROAD · D11
Median PSF · 12m
—
Median price · 12m
—
Latest sale
S$1.69M
Jul 2023
1-year change
—
Sales · 12m
0
2 all time
Gross yield
—
5 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +12.7%
- Annualised
- +26.9%
- Transactions
- 2
- 1 year
- —
- 3 years p.a.
- —
- 5 years p.a.
- —
- Median size
- 1,163 sqft
Against the neighbourhood
How it compares within D11
Watten Estate, Novena, Thomson. All figures are medians over the last 12 months for private homes in this district.
| Measure | Monarchy Apartments | D11 median | Difference |
|---|---|---|---|
| Median PSF | — | S$2,049 | — |
| Median price | — | S$2.40M | — |
| Gross rental yield | — | 3.83% | — |
| 1-year price change | — | +0.9% | — |
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$5,500
Contracts · 12m
5
Implied annual rent
S$66K
Gross yield
—
| Unit type | Contracts | Median rent |
|---|---|---|
| 3 bedroom | 5 | S$5,500 |
Investment analysis
Not enough to score this one
The investment score needs at least half its factors to be measurable, and this development does not clear that bar — nothing has traded here in the last 12 months. Rather than publish a low number that really means “we cannot tell”, no score is shown. The transaction history below is still complete.
Location
Nearby amenities
Rail stations
- Novena MRT820 m
- Toa Payoh MRT1.0 km
- Boon Keng MRT1.4 km
- Farrer Park MRT1.4 km
Schools within 2 km
- Northlight Schoolsecondary (s1-s4)850 m
- Hong Wen Schoolprimary880 m
- St. Joseph'S Institution Juniorprimary900 m
- Chij Secondary (Toa Payoh)secondary (s1-s5)1.2 km
- Bendemeer Secondary Schoolsecondary (s1-s5)1.2 km
- Chij Primary (Toa Payoh)primary1.3 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
- SANCTUARY@NEWTONASK Development Pte Ltd38 units1.3 km
- ENCHANT�Evelyn Pte Ltd25 units1.4 km
- 32 GILSTEADPeak Vista Pte Ltd14 units1.5 km
- PICCADILLY GRANDMaximus Residential SG Pte Ltd/Maximus Commercial SG Pte Ltd407 units1.5 km
- PULLMAN RESIDENCES NEWTONEL Development (Horizon) Pte Ltd340 units1.7 km
High upcoming supply nearby may increase competition for tenants and buyers.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jul 2023 | Apartment | S$1,690,000 | 1,163 sqft | S$1,454 | 06-10 | — |
| Mar 2022 | Apartment | S$1,500,000 | 1,163 sqft | S$1,290 | 11-15 | — |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.