Mandalay Towers
Mandalay Towers is a freehold condominium located in District 11 (Watten Estate, Novena, Thomson), part of the Core Central Region (CCR). The development comprises 56 units. Sale and rental figures on this page are compiled from URA transaction records. Nearby developments in District 11 can be compared on ShiokNest's district analytics pages.
Over the 12 months to Apr 2025, Mandalay Towers recorded 7 rental contracts at a median $6,200/mo. Source: URA caveat data, as of Apr 2025.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Apr-25 | $3,930,000 | $1,567 psf | 2,508 sqft | 01 to 05 | 5BR |
| Mar-22 | $3,200,000 | $1,276 psf | 2,508 sqft | 06 to 10 | 5BR |
| Apr-21 | $2,800,000 | $1,116 psf | 2,508 sqft | 01 to 05 | 5BR |
| Mar-21 | $2,800,000 | $1,116 psf | 2,508 sqft | 01 to 05 | 5BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.