Projects

MANDALAY TOWERS

D11 / Watten Estate, Novena, Thomson

Address 39 MANDALAY ROAD MANDALAY TOWERS SINGAPORE 308216
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Apartment, Non-Landed Properties 27 transactions Freehold Updated Feb 2026
Property image pending
Typical rent $6,000 25 rental contracts
Typical sale price $3,565,000 2 sale transactions
Typical sale PSF $1,422 psf Average $1,422 psf
Estimated gross yield 2.0% Median annual rent / median sale
Project read

Quick summary about MANDALAY TOWERS

Mandalay Towers is a freehold apartment, non-landed properties in D11 / Watten Estate, Novena, Thomson. Mandalay Towers currently has 25 rental contracts and 2 sale transactions, covering Jun 2021 to Feb 2026.

Project facts

Project-level details from URA records and local enrichment.

Tenure Freehold
Property type Apartment, Non-Landed Properties
Sale records 2 resale transactions
Total sold value $7.1M

Data coverage

URA records on this page start Jun 2021 and run through Feb 2026.

Rental contracts 25 Jun 2021 to Feb 2026
Sale transactions 2 Feb 2022 to Mar 2025
Rent trend -26.5% Last 3 months
Sale PSF trend 0.0% Last 3 months

Location

Nearest transport, schools and daily conveniences around the project.

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Project MRT School Amenities

Nearby

Approximate distance from the project. Walking, driving and transit routes may differ.

Closest MRT

NOVENA MRT STATION (NS20) 0.67 km away
TOA PAYOH MRT STATION (NS19) 0.99 km away
FARRER PARK MRT STATION 1.36 km away

Schools nearby

FARRER PARK PRIMARY SCHOOL 1.29 km away
BENDEMEER SECONDARY SCHOOL 1.36 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.38 km away
ANGLO-CHINESE SCHOOL (PRIMARY) 1.59 km away

Amenities

BENDEMEER SHOPPING MALL Mall / retail · 1.65 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.66 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.62 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.43 km away

Similar projects nearby

Same district, ranked by similar rent, sale PSF and transaction depth.

View D11

Rent by bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
Unknown $6,000 $6,380 25

Rent by floor area

Monthly rent by recorded URA floor area band.

Area band Median rent Average rent Transactions
2,500 to 2,600 sqft $5,950 $5,864 22
5,000 to 5,100 sqft $12,000 $10,167 3

Sale price by floor

Median sale price and PSF by recorded floor band.

Floor band Median sale Median PSF Transactions
01 to 05 $3,930,000 $1,567 psf 1
06 to 10 $3,200,000 $1,276 psf 1

Latest transactions

Most recent URA rental contracts and sale transactions for this project.

Rentals

$7,000 NA bed · 2,500 to 2,600 sqft · Feb 2026
$5,000 NA bed · 2,500 to 2,600 sqft · Feb 2026
$6,100 NA bed · 2,500 to 2,600 sqft · Dec 2025
$6,200 NA bed · 2,500 to 2,600 sqft · Nov 2025
$8,300 NA bed · 2,500 to 2,600 sqft · Sept 2025
$6,200 NA bed · 2,500 to 2,600 sqft · Jun 2025
$12,000 NA bed · 5,000 to 5,100 sqft · Mar 2025
$7,300 NA bed · 2,500 to 2,600 sqft · Sept 2024

Sales

$3,930,000 2,508 sqft · $1,567 psf · 01 to 05 · Mar 2025
$3,200,000 2,508 sqft · $1,276 psf · 06 to 10 · Feb 2022

How to use this data

Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.

Rent signal Moderate Useful, compare nearby projects
Sale signal Thin Directional only, use nearby comps
Rent negotiation

If you are renting

MANDALAY TOWERS shows a typical monthly rent of $6,000 across 25 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $6,000
Rental contracts 25
Rent signal Moderate
  • If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
  • If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check

If you are buying

Recent sales at MANDALAY TOWERS point to a typical sale price of $3,565,000 and $1,422 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $3,565,000
Median PSF $1,422 psf
Sale signal Thin
  • Compare the unit against the sale by floor table before deciding whether a premium makes sense.
  • Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position

If you are selling

For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. MANDALAY TOWERS has 2 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.

Sale signal Thin
Total sold value $7.1M
Latest update Feb 2026
  • Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
  • If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.

District context

Use D11 to compare MANDALAY TOWERS against the wider area.

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About this data

How to read the rental and sale figures on this page.

Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.

Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.

Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.

Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.

MANDALAY TOWERS FAQ

Quick answers for renters, buyers and owners comparing this project.

What is the typical rent at MANDALAY TOWERS?

Based on the URA rental records currently loaded for MANDALAY TOWERS, the median monthly rent is $6,000 across 25 rental contracts.

What is the typical sale price at MANDALAY TOWERS?

The median sale price for MANDALAY TOWERS is $3,565,000, based on 2 URA sale transactions in the local dataset.

What is the median sale PSF at MANDALAY TOWERS?

The median sale price per square foot for MANDALAY TOWERS is $1,422 psf. The average sale PSF is $1,422 psf.

Is MANDALAY TOWERS freehold or leasehold?

MANDALAY TOWERS is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.

Where is MANDALAY TOWERS located?

MANDALAY TOWERS is located at 39 MANDALAY ROAD MANDALAY TOWERS SINGAPORE 308216 in D11 / Watten Estate, Novena, Thomson.

How current is the MANDALAY TOWERS transaction data?

The URA records on this page start from Jun 2021 and run through Feb 2026. The page is rebuilt after local data refresh runs.