PropHerald

THE AXIS

MANDALAY ROAD

Private development

At a glance

Tenure

Freehold

Median psf (12 mo)

S$1,797

Plot ratio

2.8 (MP2025)

Zoning & plot ratio by Master Plan

Master PlanPlot ratioLand use
MP20032.8RESIDENTIAL
MP20082.8RESIDENTIAL
MP20142.8RESIDENTIAL
MP20192.8RESIDENTIAL
MP20252.8RESIDENTIAL

Location

Blocks in this development

47 Mandalay Road

Transactions

5 sales in the last 12 months

MonthTypeLevelArea m² PriceS$ psfSale type
May 2026Apartment01-05 70S$1,360,000 1805Resale
May 2026Apartment06-10 76S$1,465,000 1791Resale
Apr 2026Apartment11-15 76S$1,470,000 1797Resale
Aug 2025Apartment01-05 76S$1,423,000 1739Resale
Aug 2025Apartment06-10 37S$755,000 1896Resale
Apr 2025Apartment06-10 76S$1,438,000 1758Resale
Apr 2025Apartment11-15 76S$1,460,000 1785Resale
Feb 2025Apartment06-10 76S$1,428,000 1746Resale
Jan 2025Apartment01-05 76S$1,300,000 1589Resale
Jun 2024Apartment01-05 106S$1,850,000 1621Resale
Jan 2024Apartment01-05 70S$1,300,000 1725Resale
Oct 2023Apartment06-10 70S$1,245,000 1652Resale
Feb 2023Apartment11-15 37S$700,000 1758Resale
Oct 2022Apartment06-10 106S$1,660,000 1455Resale
Oct 2021Apartment11-15 70S$1,100,000 1460Resale

Price trend

S$1,400S$1,600S$1,800202120242026— median— average S$ psf2021 · S$1,460 average psf · 1 sales2022 · S$1,455 average psf · 1 sales2023 · S$1,705 average psf · 2 sales2024 · S$1,673 average psf · 2 sales2025 · S$1,752 average psf · 6 sales2026 · S$1,798 average psf · 3 sales2021 · S$1,460 median psf · 1 sales2022 · S$1,455 median psf · 1 sales2023 · S$1,705 median psf · 2 sales2024 · S$1,673 median psf · 2 sales2025 · S$1,752 median psf · 6 sales2026 · S$1,797 median psf · 3 salesS$1,797

This project trades ≈ 24% below the District 11 12-month median (S$ psf).

Median S$ psf is up ≈ 3% on the previous 12 months.

Last 12 months by type

Property typeSales Median priceMedian S$ psf
Apartment5 S$1,423,0001797

Median price by year

YearSalesMedian price
20263S$1,465,000
20256S$1,425,500
20242S$1,575,000
20232S$972,500
20221S$1,660,000
20211S$1,100,000