HomeRentApartment Whole Unit3RMD11 - Newton / NovenaMinbu Villa3 Bed Apartment (Condo) for Rent in Minbu Villa

3 Bed Apartment (Condo) for Rent in Minbu Villa

56 Minbu Road 308185, Balestier, Central Region, Singapore

$6,500 /month

Added 4 months ago
Beds: 3Baths: 2Area: 2336 sqft
Market Price· Fairly priced
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IMAGES GALLERY

Property Details

Property IDZPDb2p8gLQDVeyFr3nU6DH
PriceS$6,500
StatusFor rent
Beds3
Baths2
Built Area2336 sqft
PSF
S$3
Year Built1981
Furnished StatusUnknown

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Toa Payoh MRT

Tenure

Freehold

TOP Date

1 January 1981

Project Size

Small (34 units)

34 units

Building Structure

1 Block

Developer

Not available

Unit Configuration
Bedroom TypesNot available Bedroom
Development Facilities
ParkingSwimming Pool
About This Development

Minbu Villa is a freehold Condo Apartment located in Novena, District 11. Completed in 1981, it has a total of 1 blocks within the development and comprises a total of 34 units. It is within walking distance to MRT stations such as Toa Payoh MRT and Novena MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Minbu Villa is also close to schools like BrainFit Studio, Zesprion School of Learning and MindChamps PreSchool @ Zhongshan Park. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Kwong Choon Medical Hall and Ban Hin Hoe for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as ICH. 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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Features & Amenities
Swimming pool
Parking

Location

56 Minbu Road 308185, Balestier, Central Region, Singapore

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Total Transactions

4

Average Price

S3.0M

Total Value

S11.9M

Sales Timeline

Property Value Estimate

Estimated sale value based on 745 URA transactions · 2 outliers removed (IQR)

Fair Value

S$3.99M

S$1,707 psf

Asking Price

S$6,500

S$3 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

Not applicable

Cannot compare rent to sale psf

Tenure

Freehold

No lease decay

Confidence

High

745 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Novena

757m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

745 comparable transactions

S$1,691

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

0%

Adjusted Fair Value PSF

S$1,707

Recent Comparable Transactions

10 shown · 745 total
Last Done

MINBU ROAD

Apr 2025 · Floor 06-10

S$1,361 psf

-20.3% vs FV

2,336 sqftS$3,180,000Freehold

MINBU ROAD

Apr 2025 · Floor 06-10

S$1,361 psf

-20.3% vs FV

2,336 sqftS$3,180,000Freehold

MINBU ROAD

Apr 2025 · Floor 06-10

S$1,231 psf

-27.9% vs FV

2,519 sqftS$3,100,000Freehold

MINBU ROAD

Jun 2022 · Floor 06-10

S$1,220 psf

-28.5% vs FV

2,336 sqftS$2,850,000Freehold

MINBU ROAD

Sep 2021 · Floor 06-10

S$1,199 psf

-29.8% vs FV

2,336 sqftS$2,800,000Freehold

IRRAWADDY ROAD

Aug 2025 · Floor 11-15

S$1,939 psf

+13.6% vs FV

1,367 sqftS$2,650,000Freehold

IRRAWADDY ROAD

Aug 2025 · Floor 11-15

S$1,658 psf

-2.9% vs FV

1,001 sqftS$1,660,000Freehold

MINBU ROAD

Aug 2025 · Floor 26-30

S$2,044 psf

+19.7% vs FV

807 sqftS$1,650,000Freehold

BALESTIER ROAD

Aug 2025 · Floor 01-05

S$1,481 psf

-13.2% vs FV

689 sqftS$1,020,000Freehold

AH HOOD ROAD

Aug 2025 · Floor 16-20

S$1,650 psf

-3.3% vs FV

506 sqftS$835,000Freehold

MANDALAY ROAD

Aug 2025 · Floor 06-10

S$1,689 psf

-1.1% vs FV

1,066 sqftS$1,800,000Freehold
Below Fair Value
Above Fair Value
FV: S$1,707 psf

HELIOS AI Analysis

Based on 745 URA transactions (2 outliers removed), adjusted for: MRT Novena 757m away (+1%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

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