Rich Mansions
Located in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin), Rich Mansions is a freehold condominium in the Core Central Region (CCR). Completed in 1994, the development comprises 37 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
RICH MANSIONS is a freehold condominium at BUKIT TIMAH ROAD in District 10 (CCR), developed by NOVO INVESTMENTS PTE LTD (FAR EAST ORGANIZATION), comprising 37 units, completed in 1994.
Location & Connectivity
RICH MANSIONS is approximately 630m from Newton MRT station, with 8 stations within 1.5 km.
Schools & Education
19 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Anglo-Chinese School (Primary) | Primary | 270m |
| Singapore Chinese Girls' School (Primary) | Primary | 320m |
| St. Joseph's Institution | Secondary | 800m |
| St. Anthony's Primary School | Primary | 970m |
| ISS International School (Preston) | International | 1 km |
| ISS International School (Paterson) | International | 1.1 km |
| NPS International School | International | 1.1 km |
| St. Margaret's Primary School | Primary | 1.2 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 2 | $1,851 psf | $3,267,500 |
| 5+ BR | 1 | $1,420 psf | $5,028,000 |
Market Position
RICH MANSIONS has recorded 3 sales at an average price of $3,854,333.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 2 | $1,564 psf | — |
| 2024 | 1 | $1,994 psf | ↑ 27.5% |
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Price Index Check
The ShiokNest Price Index for District 10 reads 113.4 as of June 2026 — down 2.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | $2,786 psf | 575 |
| D'LEEDON | 99 yrs lease commencing from 2010 | $1,869 psf | 453 |
| D'LEEDON | — | $1,889 psf | 416 |
| HYLL ON HOLLAND | Freehold | $2,649 psf | 328 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 37-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 32+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
The profile fits families with young children, car-owning households, international school families and quiet sanctuary seekers best. Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.
For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
Verdict
RICH MANSIONS is a freehold development in District 10 (CCR), with 37 units, offering a gross yield of 1.9%.
Explore the full RICH MANSIONS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing RICH MANSIONS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (1.4 km away), an upgrader gap of about $2,950,000
- Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $2,900,000
FAQ
What is the average PSF for RICH MANSIONS?
Is RICH MANSIONS freehold?
What is the rental yield for RICH MANSIONS?
Which MRT is nearest to RICH MANSIONS?
Sources & Next Steps
- RICH MANSIONS Dashboard — Live charts and analytics
- URA — Official transaction data
- District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) — District 10 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions
- Rental data: 37 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Oct 2024 · 3 records analysed · Source: URA private-sale caveats