15 Minbu Road 308166, Balestier, Central Region, Singapore
$3,200,000
D11 - Novena
Novena MRT
Small (25 units)
25 units
1 Block
Not available
Mandalay Mansion is a freehold Condo Apartment located in Novena, District 11. 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, Mandalay Mansion is also close to schools like Yorick - Pro Tennis Coaching & Lessons, Mindful Learning & Enrichment @ zanoziwa and Cidesco Conventions Pte. Ltd.. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Supermarket Creatives and Scarlett Supermarket 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
5
Average Price
S2.4M
Total Value
S12.2M
Calculating fair value from URA transaction data…


License: L3002382K
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Automated Valuation based on 911 URA transactions · 4 outliers removed (IQR)
Fair Value
S$3.49M
S$1,670 psf
Asking Price
S$3.20M
S$1,533 psf
vs Market
-8.2%
vs Last Done
+14.3%
Tenure
Freehold
No lease decay
Confidence
High
911 comps
Nearest MRT
Novena
709m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
911 comparable transactions
S$1,653
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$1,670
Recent Comparable Transactions
10 shown · 911 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneDec 2024 | MINBU ROAD Floor 06-10 | 2,088sqft | S$2,800,000 | ▼S$1,341 -19.7% vs FV | Freehold |
Dec 2024 | MINBU ROAD Floor 06-10 | 2,088sqft | S$2,800,000 | ▼S$1,341 -19.7% vs FV | Freehold |
Jan 2022 | MINBU ROAD Floor 01-05 | 2,088sqft | S$2,450,000 | ▼S$1,173 -29.8% vs FV | Freehold |
Nov 2021 | MINBU ROAD Floor 06-10 | 2,088sqft | S$2,400,000 | ▼S$1,149 -31.2% vs FV | Freehold |
May 2021 | MINBU ROAD Floor 01-05 | 2,088sqft | S$2,270,000 | ▼S$1,087 -34.9% vs FV | Freehold |
Aug 2025 | IRRAWADDY ROAD Floor 11-15 | 1,367sqft | S$2,650,000 | ▲S$1,939 +16.1% vs FV | Freehold |
Aug 2025 | IRRAWADDY ROAD Floor 11-15 | 1,001sqft | S$1,660,000 | ▼S$1,658 -0.7% vs FV | Freehold |
Aug 2025 | MINBU ROAD Floor 26-30 | 807sqft | S$1,650,000 | ▲S$2,044 +22.4% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 01-05 | 689sqft | S$1,020,000 | ▼S$1,481 -11.3% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 01-05 | 1,378sqft | S$2,200,000 | ▼S$1,597 -4.4% vs FV | Freehold |
Aug 2025 | MANDALAY ROAD Floor 06-10 | 1,066sqft | S$1,800,000 | ▲S$1,689 +1.1% vs FV | Freehold |
MINBU ROAD
Dec 2024 · Floor 06-10
-19.7% vs FV
MINBU ROAD
Dec 2024 · Floor 06-10
-19.7% vs FV
MINBU ROAD
Jan 2022 · Floor 01-05
-29.8% vs FV
MINBU ROAD
Nov 2021 · Floor 06-10
-31.2% vs FV
MINBU ROAD
May 2021 · Floor 01-05
-34.9% vs FV
IRRAWADDY ROAD
Aug 2025 · Floor 11-15
+16.1% vs FV
IRRAWADDY ROAD
Aug 2025 · Floor 11-15
-0.7% vs FV
MINBU ROAD
Aug 2025 · Floor 26-30
+22.4% vs FV
BALESTIER ROAD
Aug 2025 · Floor 01-05
-11.3% vs FV
BALESTIER ROAD
Aug 2025 · Floor 01-05
-4.4% vs FV
MANDALAY ROAD
Aug 2025 · Floor 06-10
+1.1% vs FV
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.