We track 13 sales and 116 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the RITZ MANSIONS dashboard.
- Average sale price: $1,722,607 across 13 transactions
- Estimated gross rental yield: 2.7%
- District 12 PSF ranking: Mid-range (top 71%)
- Freehold tenure · RCR · D12 · 126 units
About RITZ MANSIONS
RITZ MANSIONS is a freehold condominium, located at BALESTIER ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by CITY DEVELOPMENTS LTD, comprising 126 residential units, completed in 1995.
As a freehold property, RITZ MANSIONS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at RITZ MANSIONS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,370 psf | $1,180,000 |
| 3 BR | 10 | $1,356 psf | $1,752,389 |
| 4 BR | 2 | $1,166 psf | $1,845,000 |
Sales Market Overview
RITZ MANSIONS has recorded 13 sale transactions with an average transaction price of $1,722,607, ranging from $1,180,000 to $1,920,888.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,189 psf | $1,756,667 | — |
| 2022 | 5 | $1,290 psf | $1,542,600 | ↑ 8.5% |
| 2023 | 2 | $1,432 psf | $1,865,000 | ↑ 11.0% |
| 2025 | 2 | $1,459 psf | $1,900,444 | ↑ 1.9% |
| 2026 | 1 | $1,468 psf | $1,880,000 | ↑ 0.6% |
RITZ MANSIONS ranks in the top 71% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, RITZ MANSIONS trades 35.2% below the segment benchmark.
Loading chart data...
Rental Market Overview
RITZ MANSIONS has recorded 116 rental transactions with monthly rents averaging $3,868/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 17 | $2,982/mo | $2,300/mo | $3,800/mo |
| 3 BR | 99 | $4,020/mo | $2,900/mo | $5,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 28 | $3,108/mo |
| 2022 | 23 | $3,441/mo |
| 2023 | 21 | $4,374/mo |
| 2024 | 20 | $4,393/mo |
| 2025 | 17 | $4,224/mo |
| 2026 | 7 | $4,429/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, RITZ MANSIONS delivers an estimated gross rental yield of 2.7%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows RITZ MANSIONS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- RITZ MANSIONS
- Toa Payoh MRT
- Novena MRT
- Boon Keng MRT
- Farrer Park MRT
- Beatty Secondary School
- CHIJ Our Lady Queen of Peace
- School of Science and Technology
Nearby MRT Stations
RITZ MANSIONS is 1.1 km from Toa Payoh MRT (North-South Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Toa Payoh | NS19 | North-South Line | 1.1 km |
| Novena | NS20 | North-South Line | 1.1 km |
| Boon Keng | NE9 | North-East Line | 1.2 km |
| Farrer Park | NE8 | North-East Line | 1.4 km |
Nearby Schools
There are 20 schools within 2 km of RITZ MANSIONS, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Beatty Secondary School | Secondary | 700m |
| CHIJ Our Lady Queen of Peace | Primary | 790m |
| School of Science and Technology | Jc | 840m |
| CHIJ Secondary (Toa Payoh) | Secondary | 880m |
| Balestier Hill Primary School | Primary | 1.1 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| Farrer Park Primary School | Primary | 1.4 km |
| De La Salle School | Primary | 1.5 km |
| Stamford Primary School | Primary | 1.6 km |
| Pei Chun Public School | Primary | 1.6 km |
| Assumption Pathway School | Secondary | 1.6 km |
FAQ
What is the average price for RITZ MANSIONS?
What is the rental yield for RITZ MANSIONS?
Is RITZ MANSIONS freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 13 transactions analysed
- Rental data: 116 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for RITZ MANSIONS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.