45 Mandalay Road 308225, Balestier, Central Region, Singapore
$1,398,888
Your Ideal Urban Sanctuary: 2-Bedroom Freehold Unit in District 11. Mandale Heights, Novena Prime Novena Location: Mandale Heights boasts excellent accessibility. Novena MRT Station is just a 10-15 minute walk away, and a network of bus stops right outside the development offers seamless connectivity to all parts of Singapore. For drivers, Orchard Road is less than a 10-minute drive via the Central Expressway (CTE). Education: within 1 km to 2 popular MOE primary schools, St Joseph Institution (Junior) and Hong Wen School. 1-2km to both ACS (Primary) and ACS (Junior). Shopping & Dining: Directly opposite the newly renovated Shaw Plaza with NTUC supermarket and Shaw Theatres. Within walking distance to nearby malls like Square 2, Velocity @ Novena Square, and Zhongshan Mall. Explore local hawker centres and charming cafes along Balestier Road and Bukit Timah Road. Healthcare Hub: walkable distance to Tan Tock Seng Hospital and Mount Elizabeth Novena Hospital. Key Highlights: Renovated unit - owner stayed. Good sized Master bed room with space for king sized bed. Good sized and fully enclosed kitchen, with space for 3 zone electric hob, oven, and ample counter top space. Proper bomb shelter providing storage. Serene Surroundings with Garden Resort Landscaping! Low Maintenance Fees! Freehold Tenure Spacious & Efficient Layout: Good Rental Yield! Great Investment Unit. Easily Tenanted! *Minutes to Novena MRT / Bus Stop *Easy transportation access to the city *Walking Distance to VeloCity Mall and Square Two * Walking distance to Zhongshan Mall and Shaw Plaza. * Within 1km to St. Joseph's Institution and Hong Wen School. *24 Hour F&B access - Foodies' Heaven (Famous Balestier Food Street) *Facilities: Swimming pools, Jacuzzi, BBQ Bay, Children's playground. Call Vincent Lee @ 9222XXXX to arrange for viewing now! #Good Investment #District 11 Freehold #Low Maintenance #Good rental Yield #2 Bedroom Condo #Own Stay
D11 - Novena
Novena MRT
1 January 2004
Small (96 units)
96 units
1 Block, 16 Floors
SB Development Pte Ltd
Mandale Heights has a total of 96 units, from to units. There are 20 types of floor plans from to .
Mandale Heights has 1 block and up to 16 storeys.
Mandale Heights is a freehold Condo Apartment located in Novena, District 11. Completed in 2004, it has a total of 1 blocks within the development and comprises a total of 96 units. It is within walking distance to MRT stations such as Novena MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Mandale Heights is also close to schools like Yorick - Pro Tennis Coaching & Lessons, Cidesco Conventions Pte. Ltd. and Mindful Learning & Enrichment @ zanoziwa. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Ban Hin Hoe and Kwong Chai Medical Hall for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Singapore National Eye Centre (Balestier Branch). Singpost Post Box is the nearest post office where you can get your postal services done. For your leisure and entertainment, head down to the local park - Zhongshan Park, to enjoy some fresh air.
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Total Transactions
19
Average Price
S1.7M
Total Value
S31.6M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 12 URA transactions · 4 outliers removed (IQR)
Fair Value
S$1.26M
S$1,655 psf
Asking Price
S$1.40M
S$1,831 psf
vs Market
+10.6%
vs Last Done
+5.1%
Tenure
Freehold
No lease decay
Confidence
High
12 comps
Nearest MRT
Novena
781m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
12 comparable transactions
S$1,555
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
+1%
AI Condition Premium
HELIOS scan of listing description
+4%
Adjusted Fair Value PSF
S$1,655
Recent Comparable Transactions
10 shown · 12 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2023 | MANDALAY ROAD Floor 06-10 | 1,206sqft | S$2,100,000 | ▲S$1,742 +5.3% vs FV | Freehold |
Oct 2023 | MANDALAY ROAD Floor 06-10 | 1,206sqft | S$2,100,000 | ▲S$1,742 +5.3% vs FV | Freehold |
Jul 2023 | MANDALAY ROAD Floor 01-05 | 764sqft | S$1,165,000 | ▼S$1,524 -7.9% vs FV | Freehold |
Oct 2022 | MANDALAY ROAD Floor 06-10 | 1,206sqft | S$1,900,000 | ▼S$1,576 -4.8% vs FV | Freehold |
Jul 2022 | MANDALAY ROAD Floor 01-05 | 764sqft | S$1,160,000 | ▼S$1,518 -8.3% vs FV | Freehold |
May 2022 | MANDALAY ROAD Floor 06-10 | 764sqft | S$1,210,000 | ▼S$1,583 -4.4% vs FV | Freehold |
Apr 2022 | MANDALAY ROAD Floor 01-05 | 570sqft | S$840,000 | ▼S$1,472 -11.1% vs FV | Freehold |
Nov 2021 | MANDALAY ROAD Floor 06-10 | 764sqft | S$1,160,000 | ▼S$1,518 -8.3% vs FV | Freehold |
Sep 2021 | MANDALAY ROAD Floor 06-10 | 818sqft | S$1,300,000 | ▼S$1,589 -4.0% vs FV | Freehold |
Aug 2021 | MANDALAY ROAD Floor 06-10 | 764sqft | S$1,160,000 | ▼S$1,518 -8.3% vs FV | Freehold |
Aug 2021 | MANDALAY ROAD Floor 01-05 | 1,346sqft | S$1,930,000 | ▼S$1,434 -13.4% vs FV | Freehold |
MANDALAY ROAD
Oct 2023 · Floor 06-10
+5.3% vs FV
MANDALAY ROAD
Oct 2023 · Floor 06-10
+5.3% vs FV
MANDALAY ROAD
Jul 2023 · Floor 01-05
-7.9% vs FV
MANDALAY ROAD
Oct 2022 · Floor 06-10
-4.8% vs FV
MANDALAY ROAD
Jul 2022 · Floor 01-05
-8.3% vs FV
MANDALAY ROAD
May 2022 · Floor 06-10
-4.4% vs FV
MANDALAY ROAD
Apr 2022 · Floor 01-05
-11.1% vs FV
MANDALAY ROAD
Nov 2021 · Floor 06-10
-8.3% vs FV
MANDALAY ROAD
Sep 2021 · Floor 06-10
-4.0% vs FV
MANDALAY ROAD
Aug 2021 · Floor 06-10
-8.3% vs FV
MANDALAY ROAD
Aug 2021 · Floor 01-05
-13.4% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.