56 Minbu Road 308185, Balestier, Central Region, Singapore
$3,999,999
D11 - Novena
Toa Payoh MRT
1 January 1981
Small (34 units)
34 units
1 Block
Not available
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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Total Transactions
4
Average Price
S3.0M
Total Value
S11.9M
Calculating fair value from URA transaction data…


License: L3010923F
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Automated Valuation based on 791 URA transactions · 2 outliers removed (IQR)
Fair Value
S$4.29M
S$1,703 psf
Asking Price
S$4.00M
S$1,588 psf
vs Market
-6.8%
vs Last Done
+16.7%
Tenure
Freehold
No lease decay
Confidence
High
791 comps
Nearest MRT
Novena
757m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
791 comparable transactions
S$1,686
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$1,703
Recent Comparable Transactions
10 shown · 791 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2025 | MINBU ROAD Floor 06-10 | 2,336sqft | S$3,180,000 | ▼S$1,361 -20.1% vs FV | Freehold |
Apr 2025 | MINBU ROAD Floor 06-10 | 2,336sqft | S$3,180,000 | ▼S$1,361 -20.1% vs FV | Freehold |
Apr 2025 | MINBU ROAD Floor 06-10 | 2,519sqft | S$3,100,000 | ▼S$1,231 -27.7% vs FV | Freehold |
Jun 2022 | MINBU ROAD Floor 06-10 | 2,336sqft | S$2,850,000 | ▼S$1,220 -28.4% vs FV | Freehold |
Sep 2021 | MINBU ROAD Floor 06-10 | 2,336sqft | S$2,800,000 | ▼S$1,199 -29.6% vs FV | Freehold |
Aug 2025 | IRRAWADDY ROAD Floor 11-15 | 1,367sqft | S$2,650,000 | ▲S$1,939 +13.9% vs FV | Freehold |
Aug 2025 | IRRAWADDY ROAD Floor 11-15 | 1,001sqft | S$1,660,000 | ▼S$1,658 -2.6% vs FV | Freehold |
Aug 2025 | MINBU ROAD Floor 26-30 | 807sqft | S$1,650,000 | ▲S$2,044 +20.0% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 01-05 | 689sqft | S$1,020,000 | ▼S$1,481 -13.0% vs FV | Freehold |
Aug 2025 | AH HOOD ROAD Floor 16-20 | 506sqft | S$835,000 | ▼S$1,650 -3.1% vs FV | Freehold |
Aug 2025 | MANDALAY ROAD Floor 06-10 | 1,066sqft | S$1,800,000 | ▼S$1,689 -0.8% vs FV | Freehold |
MINBU ROAD
Apr 2025 · Floor 06-10
-20.1% vs FV
MINBU ROAD
Apr 2025 · Floor 06-10
-20.1% vs FV
MINBU ROAD
Apr 2025 · Floor 06-10
-27.7% vs FV
MINBU ROAD
Jun 2022 · Floor 06-10
-28.4% vs FV
MINBU ROAD
Sep 2021 · Floor 06-10
-29.6% vs FV
IRRAWADDY ROAD
Aug 2025 · Floor 11-15
+13.9% vs FV
IRRAWADDY ROAD
Aug 2025 · Floor 11-15
-2.6% vs FV
MINBU ROAD
Aug 2025 · Floor 26-30
+20.0% vs FV
BALESTIER ROAD
Aug 2025 · Floor 01-05
-13.0% vs FV
AH HOOD ROAD
Aug 2025 · Floor 16-20
-3.1% vs FV
MANDALAY ROAD
Aug 2025 · Floor 06-10
-0.8% 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.