Monarchy Apartments
51 Mandalay Road · 308231
D11 · Newton / Novena · RCR
39 Units (Small) · 14 Floors · 1 Block ()
Listings at Monarchy Apartments
Project Details
Resident Profile
- 46% Owner
- 54% Tenant
*Estimated based on rental transaction volume against total units.
Facilities for Monarchy Apartments
Parking
Security
Tennis Court
Locations and Surroundings
Add locations your travel to frequently to calculate travel time
Floor Plans
Monarchy Apartments has a total of 39 units, from 3 Beds - 2 Bath to 3 Beds - 2 Bath units. There are 6 types of floor plan from 1,152 sqft to 1,302 sqft
Total floor plans
6 Types
Bedroom type
3
Floor plans for Monarchy Apartments
All
3
Unit mix of Monarchy Apartments
Bedroom type | Price range (indicative) | Psf range (indicative) | Area range | No. of units | Floor plans |
|---|---|---|---|---|---|
3 room | - | - | 107 - 120 sqm 1,152 - 1,302 sqft | 9 |
Data is sourced from URA, the official developer brochure, and the 99.co database
Site Plans and Elevation Charts
Site Map of Monarchy Apartments
Buildings in Monarchy Apartments
- 51 Mandalay Road308231
Market Data & Trends
Sale transaction history for Monarchy Apartments
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date sold | Block | Unit | Beds | PSF | Area
(sqft) | Price sold |
|---|---|---|---|---|---|---|
07/2023 | 51 | #09-xx | 3 BR | S$ 1,454 | 1,162 | S$ 1.690M |
03/2022 | 51 | #14-xx | 3 BR | S$ 1,290 | 1,163 | S$ 1.500M |
06/2021 | 51 | #03-xx | 3 BR | S$ 998 | 1,303 | S$ 1.300M |
11/2019 | 51 | #02-xx | 3 BR | S$ 1,101 | 1,163 | S$ 1.280M |
03/2019 | 51 | #12-xx | 3 BR | S$ 1,044 | 1,216 | S$ 1.270M |
01/2019 | 51 | #0x-xx | 3 BR | S$ 1,161 | 1,163 | S$ 1.350M |
09/2018 | 51 | #0x-xx | 3 BR | S$ 1,063 | 1,303 | S$ 1.385M |
12/2015 | 51 | #1x-xx | 3 BR | S$ 1,035 | 1,162 | S$ 1.203M |
07/2015 | 51 | #0x-xx | 3 BR | S$ 1,015 | 1,217 | S$ 1.235M |
05/2012 | 51 | #0x-xx | 3 BR | S$ 946 | 1,163 | S$ 1.100M |
03/2012 | 51 | #0x-xx | 3 BR | S$ 1,075 | 1,302 | S$ 1.400M |
04/2010 | 51 | #1x-xx | 3 BR | S$ 826 | 1,162 | S$ 960,000 |
04/2010 | 51 | #1x-xx | 3 BR | S$ 806 | 1,303 | S$ 1.050M |
03/2010 | 51 | #0x-xx | 3 BR | S$ 752 | 1,303 | S$ 980,000 |
01/2010 | 51 | #0x-xx | 3 BR | S$ 762 | 1,303 | S$ 993,000 |
01/2010 | 51 | #1x-xx | 3 BR | S$ 745 | 1,302 | S$ 970,000 |
08/2009 | 51 | #1x-xx | 3 BR | S$ 752 | 1,217 | S$ 915,000 |
07/2007 | 51 | #1x-xx | 3 BR | S$ 707 | 1,216 | S$ 860,000 |
04/2007 | 51 | #0x-xx | 3 BR | S$ 594 | 1,162 | S$ 690,000 |
11/2006 | 51 | #0x-xx | 3 BR | S$ 470 | 1,302 | S$ 612,000 |
Rent transaction history for Monarchy Apartments
All
Studio
1 BR
2 BR
3 BR
4 BR
5+ BR
Date | Beds | PSF | Area
(sqft) | Price |
|---|---|---|---|---|
06/2026 | 3 BR | S$ 4.73 | 1,100-1,200 | S$ 5,500 |
06/2026 | 3 BR | S$ 4.04 | 1,100-1,200 | S$ 4,700 |
05/2026 | 3 BR | S$ 4.93 | 1,200-1,300 | S$ 6,000 |
01/2026 | 3 BR | S$ 4.52 | 1,200-1,300 | S$ 5,500 |
09/2025 | 3 BR | S$ 4.11 | 1,200-1,300 | S$ 5,000 |
06/2025 | 3 BR | S$ 3.30 | 1,300-1,400 | S$ 4,300 |
06/2025 | 3 BR | S$ 4.21 | 1,100-1,200 | S$ 4,900 |
04/2025 | 3 BR | S$ 3.65 | 1,300-1,400 | S$ 4,750 |
03/2025 | 3 BR | S$ 3.84 | 1,300-1,400 | S$ 5,000 |
12/2024 | 3 BR | S$ 3.53 | 1,300-1,400 | S$ 4,600 |
12/2024 | 3 BR | S$ 3.99 | 1,300-1,400 | S$ 5,200 |
11/2024 | 3 BR | S$ 3.96 | 1,100-1,200 | S$ 4,600 |
05/2024 | 3 BR | S$ 4.30 | 1,100-1,200 | S$ 5,000 |
05/2024 | 3 BR | S$ 4.13 | 1,100-1,200 | S$ 4,800 |
12/2023 | 3 BR | S$ 3.70 | 1,200-1,300 | S$ 4,500 |
12/2023 | 3 BR | S$ 4.22 | 1,300-1,400 | S$ 5,500 |
10/2023 | 3 BR | S$ 4.03 | 1,300-1,400 | S$ 5,250 |
09/2023 | 3 BR | S$ 4.61 | 1,200-1,300 | S$ 5,600 |
09/2023 | 3 BR | S$ 3.54 | 1,200-1,300 | S$ 4,300 |
09/2023 | 3 BR | S$ 3.45 | 1,200-1,300 | S$ 4,200 |
Payment structure & financing options
Sale price
Mortgage calculation
on 2% interest rate
S$ 1,469
/month
Downpayment (25%)
S$ 132,500
Loan amount (75%)
S$ 397,500
Tenure (yrs)
5
35
Loan (%)
10
75
Interest (%)
0
5
Similar Condos
Condos similar to Monarchy Apartments
Search for CondosCondos nearby Monarchy ApartmentsNearby (within the region) | |||
|---|---|---|---|
 Monarchy Apartments | |||
Mandalay Road · D11 | Mandalay Road · D11 | Mandalay Road · D11 | Bhamo Road · D12 |
All BR S$ 2,387 avg. psf 1 BR - 2 BR - 3 BR - 4+ BR - | All BR S$ 2,186 avg. psf 1 BR - 2 BR - 3 BR S$ 1,928 avg. psf 4+ BR - | All BR S$ 2,330 avg. psf 1 BR - 2 BR S$ 1,740 avg. psf 3 BR - 4+ BR - | All BR S$ 2,707 avg. psf 1 BR S$ 1,634 avg. psf 2 BR S$ 1,749 avg. psf 3 BR S$ 1,878 avg. psf 4+ BR - |
TOP in 1998 | TOP in 2010 | TOP in 2004 | TOP in 2012 |
39 units | 52 units | 96 units | 88 units |
Freehold | Freehold | Freehold | Freehold |
Price data is sourced from 99.co's active listings
Search for CondosProperty Insights
Sale price trend overtime
1M
3M
6M
1Y
5Y
10Y
No data available
Rent price trend overtime
| Date | Avg. transaction price | Transaction volume |
|---|---|---|
| Sep 2025 | S$5,000 | 1 |
| Jan 2026 | S$5,500 | 1 |
| May 2026 | S$6,000 | 1 |
| Jun 2026 | S$5,100 | 2 |
1M
3M
6M
1Y
5Y
10Y
Data Source: URA, Realis and 99.co
Powered by 99.co Researcher
For rentals, price start from S$ 5,500 to S$ 6,000. The average rent is S$ 4.57 PSF over the past six months and S$ 4.47 PSF over the year. Recent rental deals include the latest at S$ 5,500, with the highest rent reaching S$ 15,000.
Nearby condo project comparison
Project | Tenure | TOP | MRT Distance | Price range (Sale) | Avg. Price (Sale) | Price range (Rent) | Avg. Price (Rent) | Rental Yield |
|---|---|---|---|---|---|---|---|---|
| Monarchy Apartments | Freehold | 1998 | NS 20  11 mins (851m)Novena MRT | 435.86 - 1,454.39 psf | 761.4 psf | 1,400 - 6,000 /mo | 3,960 /mo | - |
| Nova 88 | Freehold | 2012 | NS 20 10 mins (788m)Novena MRT | 1,581.03 - 1,916.32 psf | 1,743.87 psf | 1,490 - 5,900 /mo | 3,838 /mo | 3.46% |
| Nova 48 | Freehold | 2012 | NS 20 10 mins (778m)Novena MRT | 1,792.65 - 2,276.87 psf | 2,045.16 psf | 1,180 - 2,050 /mo | 1,543.33 /mo | 3.03% |
| The Axis | Freehold | 2010 | NS 20 11 mins (825m)Novena MRT | 1,884.31 - 1,971.95 psf | 1,928.13 psf | 1,600 - 6,500 /mo | 3,015.16 /mo | 3.69% |
| Montebleu | Freehold | 2010 | NS 20 10 mins (790m)Novena MRT | 1,842.11 - 2,109.18 psf | 2,013.42 psf | 4,400 - 8,900 /mo | 5,412.5 /mo | 3.08% |
| Chelsea Grove | Freehold | 2007 | NS 20 12 mins (910m)Novena MRT | 1,565.76 psf | 1,565.76 psf | 2,200 - 5,200 /mo | 3,274.82 /mo | 3.88% |
| De Paradiso | Freehold | 2005 | NS 20 11 mins (858m)Novena MRT | 1,681.42 psf | 1,681.42 psf | 1,450 - 1,600 /mo | 1,516.67 /mo | - |
| Mandale Heights | Freehold | 2004 | NS 20 10 mins (785m)Novena MRT | 1,701.57 - 1,778.8 psf | 1,740.18 psf | 1,500 - 3,600 /mo | 3,075 /mo | 3.8% |
| Balestier Plaza | Freehold | 1983 | NS 19 11 mins (805m)Toa Payoh MRT | 1,463.06 - 1,654.7 psf | 1,561.3 psf | 1,000 - 2,200 /mo | 1,398.18 /mo | - |
FAQ
What is the full address of Monarchy Apartments?
The full address of the development is 51 Mandalay Road, 308231, Novena (District 11).
How old is Monarchy Apartments?
The residential development was completed in 1998, making it approximately 28 years old as of 2026.
What is the highest PSF ever recorded at Monarchy Apartments?
The highest recorded transaction was S$ 1,454.39 psf, achieved in Jul 2023 for a 3 bedroom unit.
What is the lowest PSF ever recorded at Monarchy Apartments?
The lowest recorded transaction was S$ 435.86 psf, based on available resale transaction data.
Is Monarchy Apartments a profitable condominium for owners?
Yes. Based on historical resale data, many owners at Monarchy Apartments have sold their units at a profit. The highest recorded gain was approximately S$ 660,000, while profitability varies across different unit types and holding periods.
Property News
Latest New Launch News
See all New Launch newsThomson Reserve: More than just an MRT-connected condo
Thomson Reserve, expected to launch in October 2026, will offer direct access to Upper Thomson MRT station (TE8). Just one stop south is Caldecott MRT interchange, while Bright Hill MRT sits one stop north and will be an interchange with the Cross Island Line in 2030. Thomson’s wider transport network is also set to see…
Yesterday · 8 min read · by Ananda Bayu
Two new GLS sites released in Marina South and Orchard Boulevard could add 500 homes
Two new Government Land Sales (GLS) sites in Marina South and Orchard Boulevard could add around 500 private homes to Singapore’s housing pipeline, with both plots likely to attract keen developer interest despite offering different propositions. URA releases Marina Gardens Lane and Orchard Boulevard sites Location Marina Gardens Lane Orchard Boulevard Site Area 6,007.4 sqm 3,438.0 sqm…
Aug 13, 2026 · 6 min read · by Ananda Bayu
Last updated on: .
Do more on the app.
Save your searches, track enquiries, see floor plans and more.