HomeBuyCondominiumApartment4RMD11 - Newton / NovenaM214 Bed Apartment (Condo) for Sale in M21

4 Bed Apartment (Condo) for Sale in M21

21 Mandalay Road 308208, Balestier, Central Region, Singapore

$3,580,000

Added 5 months ago
Beds: 4Baths: 4Area: 1755 sqft
Above Market· 18.9% above market
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IMAGES GALLERY

Property Details

Property IDGu55EqkCGVCNeozK6UZa9g
PriceS$3,580,000
Property TypeApartment
StatusFor sale
Beds4
Baths4
Built Area1755 sqft
PSF
S$2,040
Year Built2012
Furnished StatusPartially furnished

Description

Development Information

District & Area

D11 - Novena

Nearest MRT

Novena MRT

Tenure

Freehold

TOP Date

1 January 2012

Project Size

Small (61 units)

61 units

Building Structure

1 Block

Developer

Fortune Capital Pte Ltd

Unit Configuration
Bedroom Types1, 2, 3, 4 Bedroom
Floor Plan Details

M21 has a total of 61 units, from 1 Bed - 1 Bath to 4 Bed - 4 Bath units. There are 10 types of floor plans from 710 sqft to 3,197 sqft.

Site Plan

M21 has 1 block and up to 0 storey.

Development Facilities
ClubhouseGymJacuzziParkingPlaygroundSecuritySwimming PoolWading Pool
About This Development

M21 is a freehold Condo Apartment located in Novena, District 11. Completed in 2012, it has a total of 1 blocks within the development and comprises a total of 61 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, M21 is also close to schools like Yorick - Pro Tennis Coaching & Lessons, Mindful Learning & Enrichment @ zanoziwa and Gifted and Talented Education - The Mezzo. If you're wondering about what you can do around the area, residents can head to nearby supermarkets like Cold Storage Novena Square and FairPrice Finest - Finest Zhongshan Park for groceries and household products. Never worry about your health emergencies or regular health checkups with access to nearby clinics such as National Center Of Infections Dieases. 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
Gym
Clubhouse
Security
Parking
Playground
Balcony
Jacuzzi
Bomb shelter
Wading pool
Swimming pool

Location

21 Mandalay Road 308208, Balestier, Central Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

23

Average Price

S2.2M

Total Value

S51.3M

Sales Timeline

Home Report · AVM Fair Value

Automated Valuation based on 12 URA transactions · 4 outliers removed (IQR)

Fair Value

S$3.01M

S$1,716 psf

Asking Price

S$3.58M

S$2,040 psf

vs Market

+18.9%

Above Market

vs Last Done

+20.8%

Above Market

Tenure

Freehold

No lease decay

Confidence

High

12 comps

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

Nearest MRT

Novena

603m away · +1% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

12 comparable transactions

S$1,699

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$1,716

Recent Comparable Transactions

10 shown · 12 total
Last Done

MANDALAY ROAD

Aug 2025 · Floor 06-10

S$1,689 psf

-1.6% vs FV

1,066 sqftS$1,800,000Freehold

MANDALAY ROAD

Aug 2025 · Floor 06-10

S$1,689 psf

-1.6% vs FV

1,066 sqftS$1,800,000Freehold

MANDALAY ROAD

Jun 2024 · Floor 06-10

S$1,642 psf

-4.3% vs FV

1,066 sqftS$1,750,000Freehold

MANDALAY ROAD

Apr 2024 · Floor 06-10

S$1,744 psf

+1.6% vs FV

1,066 sqftS$1,858,888Freehold

MANDALAY ROAD

Apr 2024 · Floor 11-15

S$1,824 psf

+6.3% vs FV

1,755 sqftS$3,200,000Freehold

MANDALAY ROAD

Oct 2022 · Floor 06-10

S$1,698 psf

-1.0% vs FV

1,755 sqftS$2,980,000Freehold

MANDALAY ROAD

Sep 2022 · Floor 01-05

S$1,675 psf

-2.4% vs FV

710 sqftS$1,190,000Freehold

MANDALAY ROAD

Jun 2022 · Floor 11-15

S$1,619 psf

-5.7% vs FV

710 sqftS$1,150,000Freehold

MANDALAY ROAD

Nov 2021 · Floor 01-05

S$1,724 psf

+0.5% vs FV

1,346 sqftS$2,320,000Freehold

MANDALAY ROAD

Sep 2021 · Floor 11-15

S$1,717 psf

+0.1% vs FV

1,346 sqftS$2,310,000Freehold

MANDALAY ROAD

Aug 2021 · Floor 11-15

S$1,642 psf

-4.3% vs FV

1,066 sqftS$1,750,000Freehold
Below Fair Value
Above Fair Value
FV: S$1,716 psf

HELIOS AI Analysis

Based on 12 URA transactions (4 outliers removed), adjusted for: MRT Novena 603m 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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