Rent vs D12 +16.2%
Rents above district median
Ritz Mansions's latest 12-month median rent is $4,300 compared with the D12 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Ritz Mansions rent and sale price
D12 / Balestier, Toa Payoh, Serangoon
Address 346 Balestier Road Ritz Mansions Singapore 329776
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Quick summary about Ritz Mansions
Ritz Mansions is a freehold apartment in D12 / Balestier, Toa Payoh, Serangoon. The page currently tracks 117 rentals and 14 sales.
- Latest 12M median rent is $4,300 per month from 23 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,940,000, with median sale PSF at $1,502 psf from 2 sales.
- Rent is up 10.6% over the last 3 months. Sale PSF is up 2.2% over the last 3 months.
Ritz Mansions Market Brief
Compare the project with D12 across rent, sale PSF, tenure and transaction activity.
Compared with D12
Sale PSF vs D12 -17.2%
Sale PSF below district median
Ritz Mansions's latest 12-month median sale PSF is $1,502 psf versus the D12 median of $1,813 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.66%
Rent support near district screen
Gross yield is roughly 2.66% versus a D12 screen of 2.54%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 33.9% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +36.4%
Activity is rising
15 recent transactions versus 11 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Ritz Mansions against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $4,300
Is the asking rent fair?
$4,100 to $4,500 is the first fair-rent band to check. Above $4,500 should have a visible reason.
Latest 12M median sale PSF $1,502 psf
Is the purchase price fair?
$1,880,000 to $2,000,000 and $1,460 to $1,550 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,100
Are similar units renting for more?
3 bed and 1,500 to 1,600 sqft give the closest unit-size checks.
Rent stability 33.9% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +36.4%
Is activity rising?
Activity is rising. 15 recent transactions versus 11 in the prior 6-month view.
Ritz Mansions Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 14 resale transactions
Total sold value $24.4M
Ritz Mansions Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 117 Jun 2021 to Jun 2026
Sale transactions 14 Aug 2021 to Jun 2026
Rent trend 10.6% Last 3 months
Sale PSF trend 2.2% Last 3 months
Ritz Mansions Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
TOA PAYOH MRT STATION (NS19) 1.03 km away
NOVENA MRT STATION (NS20) 1.1 km away
BOON KENG MRT STATION (NE9) 1.18 km away
Schools nearby
BENDEMEER SECONDARY SCHOOL 0.93 km away
FARRER PARK PRIMARY SCHOOL 1.41 km away
BENDEMEER PRIMARY SCHOOL 1.47 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.61 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.32 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.21 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.23 km away
Ritz Mansions Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,700 36 rentals in view
Latest median sale PSF $1,536 psf 4 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 3 $4,700 1 $1,536 psf $2,000,000
May 2026 3 $4,500 0 - -
Apr 2026 2 $4,750 1 $1,468 psf $1,880,000
Mar 2026 2 $4,150 0 - -
Feb 2026 1 $4,700 0 - -
Jan 2026 2 $4,250 0 - -
Dec 2025 1 $4,100 0 - -
Nov 2025 4 $4,500 0 - -
Sept 2025 2 $3,700 0 - -
Aug 2025 2 $3,625 0 - -
Jul 2025 1 $3,300 0 - -
Jun 2025 0 - 1 $1,475 psf $1,920,888
Projects Similar to Ritz Mansions
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Calarasi 0.2 km away 95 transactions
- Median rent
- $4,000
- Median sale PSF
- $1,440 psf
- Median rent
- $3,900
- Median sale PSF
- $1,418 psf
- Median rent
- $3,500
- Median sale PSF
- $1,456 psf
- Median rent
- $3,600
- Median sale PSF
- $1,441 psf
- Median rent
- $4,000
- Median sale PSF
- $1,427 psf
- Median rent
- $3,938
- Median sale PSF
- $1,414 psf
Ritz Mansions Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,100 $2,982 17
3 bed $4,100 $4,095 100
Ritz Mansions Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
800 to 900 sqft $3,100 $2,982 17
1,200 to 1,300 sqft $3,800 $3,842 32
1,300 to 1,400 sqft $4,000 $3,804 16
1,500 to 1,600 sqft $4,475 $4,261 40
1,600 to 1,700 sqft $4,600 $4,604 12
Ritz Mansions Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,845,000 $1,261 psf 6
06 to 10 $1,775,000 $1,407 psf 8
Ritz Mansions Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Ritz Mansions shows a latest 12-month median monthly rent of $4,300 across 23 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,300
Rentals in period 23
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Ritz Mansions show a median price of $1,940,000 and $1,502 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,940,000
Latest 12M median PSF $1,502 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Ritz Mansions has 14 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $24.4M
Latest record Jun 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Ritz Mansions numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,300/mo Test gross and net yield against typical rent. Buy vs rent $1.9M Compare ownership cost against renting. Mortgage $1.9M Estimate monthly payment from the sale price. Stamp duty $1,502 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D12 to compare Ritz Mansions against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Ritz Mansions FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Ritz Mansions?
Ritz Mansions has a latest 12-month median monthly rent of $4,300 across 23 rentals in that period.
What is the typical sale price at Ritz Mansions?
The latest 12-month median sale price for Ritz Mansions is $1,940,000, based on 2 sales in that period.
What is the median sale PSF at Ritz Mansions?
The latest 12-month median sale price per square foot for Ritz Mansions is $1,502 psf. The average for the same period is $1,502 psf.
Is Ritz Mansions freehold or leasehold?
Ritz Mansions is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Ritz Mansions located?
Ritz Mansions is located at 346 Balestier Road Ritz Mansions Singapore 329776 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the Ritz Mansions transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.