39 Mandalay Road 308216, Balestier, Central Region, Singapore
$12,800 /month
D11 - Novena
Novena MRT
1 January 1974
Small (56 units)
56 units
2 Blocks
Not available
Mandalay Towers is a freehold Condo Apartment located in Novena, District 11. Completed in 1974, it has a total of 2 blocks within the development and comprises a total of 56 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, Mandalay Towers is also close to schools like Yorick - Pro Tennis Coaching & Lessons, Zesprion School of Learning and BrainFit Studio. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like FairPrice - Shaw Plaza and Supermarket Creatives for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as Gamma Knife Centre. 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
S3.2M
Total Value
S12.7M
Calculating fair value from URA transaction data…
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Estimated sale value based on 867 URA transactions · 4 outliers removed (IQR)
Fair Value
S$8.47M
S$1,673 psf
Asking Price
S$12,800
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
867 comps
Nearest MRT
Novena
671m away · +1% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
867 comparable transactions
S$1,657
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$1,673
Recent Comparable Transactions
10 shown · 867 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2025 | MANDALAY ROAD Floor 01-05 | 2,508sqft | S$3,930,000 | ▼S$1,567 -6.3% vs FV | Freehold |
Apr 2025 | MANDALAY ROAD Floor 01-05 | 2,508sqft | S$3,930,000 | ▼S$1,567 -6.3% vs FV | Freehold |
Mar 2022 | MANDALAY ROAD Floor 06-10 | 2,508sqft | S$3,200,000 | ▼S$1,276 -23.7% vs FV | Freehold |
Aug 2025 | IRRAWADDY ROAD Floor 11-15 | 1,367sqft | S$2,650,000 | ▲S$1,939 +15.9% vs FV | Freehold |
Aug 2025 | IRRAWADDY ROAD Floor 11-15 | 1,001sqft | S$1,660,000 | ▼S$1,658 -0.9% vs FV | Freehold |
Aug 2025 | MINBU ROAD Floor 26-30 | 807sqft | S$1,650,000 | ▲S$2,044 +22.2% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 01-05 | 689sqft | S$1,020,000 | ▼S$1,481 -11.5% vs FV | Freehold |
Aug 2025 | BALESTIER ROAD Floor 01-05 | 1,378sqft | S$2,200,000 | ▼S$1,597 -4.5% vs FV | Freehold |
Aug 2025 | MANDALAY ROAD Floor 06-10 | 1,066sqft | S$1,800,000 | ▲S$1,689 +1.0% vs FV | Freehold |
Aug 2025 | MANDALAY ROAD Floor 06-10 | 398sqft | S$755,000 | ▲S$1,896 +13.3% vs FV | Freehold |
Aug 2025 | AKYAB ROAD Floor 11-15 | 753sqft | S$1,380,000 | ▲S$1,832 +9.5% vs FV | Freehold |
MANDALAY ROAD
Apr 2025 · Floor 01-05
-6.3% vs FV
MANDALAY ROAD
Apr 2025 · Floor 01-05
-6.3% vs FV
MANDALAY ROAD
Mar 2022 · Floor 06-10
-23.7% vs FV
IRRAWADDY ROAD
Aug 2025 · Floor 11-15
+15.9% vs FV
IRRAWADDY ROAD
Aug 2025 · Floor 11-15
-0.9% vs FV
MINBU ROAD
Aug 2025 · Floor 26-30
+22.2% vs FV
BALESTIER ROAD
Aug 2025 · Floor 01-05
-11.5% vs FV
BALESTIER ROAD
Aug 2025 · Floor 01-05
-4.5% vs FV
MANDALAY ROAD
Aug 2025 · Floor 06-10
+1.0% vs FV
MANDALAY ROAD
Aug 2025 · Floor 06-10
+13.3% vs FV
AKYAB ROAD
Aug 2025 · Floor 11-15
+9.5% 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.