MANDALAY MANSION
UrbanLens Analysis
MANDALAY MANSION trades at $1,348 PSF, sitting 32% below the District 11 median of $1,983 PSF. At 9 minutes from Novena MRT (727m), transit access is passable but not a differentiator. WATTEN HOUSE fetches $3,264 PSF nearby -- that 59% gap frames MANDALAY MANSION's relative value proposition.
Prices have essentially flatlined over two years (+0.0%), suggesting a market in equilibrium. Just 2 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, SANCTUARY@NEWTON has gained 1.7% over the same period.
Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Rental data is too thin to calculate a reliable yield. Treat this as a capital-appreciation play and verify rental demand independently.
A boutique 25-unit project offers exclusivity and lower maintenance charges, but resale liquidity is naturally thin.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| WATTEN HOUSE | $3,264 | — | +1.8% |
| SANCTUARY@NEWTON | $2,691 | — | +1.7% |
| AMARYLLIS VILLE | $2,060 | 3.0% | +8.8% |
| PARK INFINIA AT WEE NAM | $2,425 | 2.7% | +4.3% |
| SOLEIL @ SINARAN | $2,070 | 3.3% | +4.4% |
PSF Trend
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