Projects
THE AXIS
D11 / Watten Estate, Novena, Thomson
Address 47 MANDALAY ROAD THE AXIS SINGAPORE 308227
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Apartment, Non-Landed Properties 89 transactions Freehold Updated Feb 2026
Property image pending
Project read
Quick summary about THE AXIS
The Axis is a freehold apartment, non-landed properties in D11 / Watten Estate, Novena, Thomson. The Axis currently has 75 rental contracts and 14 sale transactions, covering May 2021 to Feb 2026.
- Typical rent is $3,200 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,361,500, with median sale PSF at $1,689 psf and total recorded sale value of $19.4M.
- Rent is down 7.6% over the last 3 months. Sale PSF is up 9.3% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sale records 14 resale transactions
Total sold value $19.4M
Data coverage
URA records on this page start May 2021 and run through Feb 2026.
Rental contracts 75 May 2021 to Feb 2026
Sale transactions 14 Jun 2021 to Jul 2025
Rent trend -7.6% Last 3 months
Sale PSF trend 9.3% Last 3 months
Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
NOVENA MRT STATION (NS20) 0.83 km away
TOA PAYOH MRT STATION (NS19) 0.93 km away
FARRER PARK MRT STATION 1.38 km away
Schools nearby
BENDEMEER SECONDARY SCHOOL 1.22 km away
FARRER PARK PRIMARY SCHOOL 1.37 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.41 km away
SHG STUDENT CARE (BENDEMEER PRIMARY SCHOOL) 1.73 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.56 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.79 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.46 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.31 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,650 29 rental contracts in view
Latest median sale PSF $1,818 psf 7 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Feb 2026 1 $3,650 0 - -
Dec 2025 3 $3,850 0 - -
Nov 2025 1 $2,600 0 - -
Oct 2025 2 $3,950 0 - -
Aug 2025 1 $4,600 0 - -
Jul 2025 3 $3,200 2 $1,818 psf $1,089,000
May 2025 1 $2,700 0 - -
Apr 2025 1 $2,600 0 - -
Mar 2025 1 $3,600 2 $1,772 psf $1,449,000
Jan 2025 1 $4,200 1 $1,746 psf $1,428,000
Dec 2024 0 - 1 $1,589 psf $1,300,000
Nov 2024 2 $3,325 0 - -
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold ZEDGE 0.3 km away 251 transactions
- Median rent
- $3,300
- Median sale PSF
- $1,749 psf
- Median rent
- $3,225
- Median sale PSF
- $1,777 psf
- Median rent
- $3,200
- Median sale PSF
- $1,767 psf
- Median rent
- $3,400
- Median sale PSF
- $1,674 psf
- Median rent
- $3,300
- Median sale PSF
- $1,648 psf
- Median rent
- $3,300
- Median sale PSF
- $1,524 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $2,700 $2,560 28
2 bed $3,650 $3,644 37
3 bed $4,650 $4,685 10
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
300 to 400 sqft $2,700 $2,560 28
700 to 800 sqft $3,600 $3,625 23
800 to 900 sqft $3,925 $3,675 14
1,100 to 1,200 sqft $4,600 $4,606 8
1,500 to 1,600 sqft $5,000 $5,000 2
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,361,500 $1,673 psf 4
06 to 10 $1,336,500 $1,699 psf 6
11 to 15 $1,280,000 $1,609 psf 4
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
Sales
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 negotiation
If you are renting
THE AXIS shows a typical monthly rent of $3,200 across 75 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,200
Rental contracts 75
Rent signal Strong
- 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 THE AXIS point to a typical sale price of $1,361,500 and $1,689 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,361,500
Median PSF $1,689 psf
Sale signal Moderate
- 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. THE AXIS has 14 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $19.4M
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 THE AXIS against the wider area.
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.
THE AXIS FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at THE AXIS?
Based on the URA rental records currently loaded for THE AXIS, the median monthly rent is $3,200 across 75 rental contracts.
What is the typical sale price at THE AXIS?
The median sale price for THE AXIS is $1,361,500, based on 14 URA sale transactions in the local dataset.
What is the median sale PSF at THE AXIS?
The median sale price per square foot for THE AXIS is $1,689 psf. The average sale PSF is $1,631 psf.
Is THE AXIS freehold or leasehold?
THE AXIS is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is THE AXIS located?
THE AXIS is located at 47 MANDALAY ROAD THE AXIS SINGAPORE 308227 in D11 / Watten Estate, Novena, Thomson.
How current is the THE AXIS transaction data?
The URA records on this page start from May 2021 and run through Feb 2026. The page is rebuilt after local data refresh runs.