346 Balestier Road 329776, Balestier, Central Region, Singapore
$980
D12 - Novena
Toa Payoh MRT
1 January 1995
Small (126 units)
126 units
1 Block
City Developments Ltd
Ritz Mansion has a total of 126 units, from 2 Bed - 2 Bath to 3 Bed - 3 Bath units. There are 7 types of floor plans from 861 sqft to 1,690 sqft.
Ritz Mansion has 1 block and up to 0 storey.
Ritz Mansion is a freehold Condo Apartment located in Novena, District 12. Completed in 1995, it has a total of 1 blocks within the development and comprises a total of 126 units. It is within walking distance to MRT stations such as Toa Payoh MRT and Toa Payoh MRT, which provide residents easy access to other areas of Singapore. For young couples or families with children, Ritz Mansion is also close to schools like Cidesco Conventions Pte. Ltd., Marthamuthu and Hajjah Rahimahbi Mosque Kindergarten. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like I-Tec Supermart Pte Ltd and FairPrice - Lor Limau for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as White On Whites Dental Surgeon. 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 - Shelter, to enjoy some fresh air.
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Total Transactions
51
Average Price
S804K
Total Value
S41.0M
Calculating fair value from URA transaction data…


License: L3008022J
Automated Valuation based on 1292 URA transactions · 27 outliers removed (IQR)
Fair Value
S$208,796
S$1,606 psf
Asking Price
S$980
S$8 psf
vs Market
-99.5%
Confidence
High
1292 comps
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
1292 comparable transactions
S$1,606
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.000
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$1,606
Recent Comparable Transactions
| Date | Block / Street | Area (sqft) | Price | PSF |
|---|---|---|---|---|
| 2025-08 | IRRAWADDY ROAD | 1,367 | S$2,650,000 | S$1,939 |
| 2025-08 | IRRAWADDY ROAD | 1,001 | S$1,660,000 | S$1,658 |
| 2025-08 | MERGUI ROAD | 1,259 | S$1,680,000 | S$1,334 |
| 2025-08 | MINBU ROAD | 807 | S$1,650,000 | S$2,044 |
| 2025-08 | LORONG AMPAS | 1,066 | S$1,750,000 | S$1,642 |
Showing 5 most recent transactions from 1292 total comparables used in valuation.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.