Montebleu

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

  See All 3 Photos

Sale Price *

Average
S$ 1,635 psf
Range
S$ 1,239 - 1,787 psf

Rental Price **

Average
S$ 4.1 psf pm
Range
S$ 2.8 - 5.5 psf pm

Rental Yield **

3.0%

Rental income expressed as a percentage of the property's value.

Amenities

3.7
3.7

Convenience

3.7
3.7

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
7 Facilities Available
Barbeque Area
Barbeque Area
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Playground
Playground
24 hours security
24 hours security
Swimming pool
Swimming pool
Wading pool
Wading pool
Description
Montebleu is a freehold condominium completed in 2010. It is developed by SB (BLUETEAK) DEVELOPMENT PTE LTD and designed by AXIS ARCHITECTS PLANNERS. The development occupies a land area of 5,337 sqm and a Gross Floor Area of 14,943 sqm. It consists of 151 units. According to records, buyers of this development are Singaporean 61.4%, PR 13.6%, Foreigner 14.4%, Company 10.6%.

MONTEBLEU is located along Minbu Road in Novena, in District 12. It is accessible through the nearest MRTs including Novena NS20 and Toa Payoh NS19. The nearest schools are TEC INTERNATIONAL COLLEGE and VICTORY LIFE CHRISTIAN SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,239 psf to S$ 1,787 psf at an average of S$ 1,635 psf. Its highest recorded transaction was S$ 1,787 psf in Jul 2022 for a 850-sqft unit. Its lowest recorded transaction was S$ 782 psf in Apr 2009 for a 1,227-sqft unit. Its current rental yield is at 3.0%.

Other nearby amenities include: 3 Childcare Centre(s): RAINFOREST SCHOOLHOUSE PTE LTD, CHERIE HEARTS HOLDINGS PTE. LTD., TAI PEI CHILD CARE CENTRE, and 3 Grocerie(s): NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): PCF SPARKLETOTS PRESCHOOL @ WHAMPOA Blk 85 (KN), PCF SPARKLETOTS PRESCHOOL @ WHAMPOA Blk 112 (KN), PCF Whampoa Blk 105, and 3 Shopping Mall(s): BALESTIER PLAZA, SQUARE 2, Balestier Road.

Buyers and tenants are attracted to District 12, which is comprised of Serangoon, Toa Payoh and Balestier, a combination of areas that has historically quaint townships. Toa Payoh New Town, built by the Housing Development Board (HDB), represents Singapore’s second satellite city after Queenstown. Serangoon is well-served by two MRT lines, including the Circle Line station completed in 2010. Serangoon is also home to Nex, one of the largest shopping malls in the North-East Region of Singapore. Nex is integrated with a bus interchange, and houses a cinema and a public library. As one of Singapore's oldest housing estates, Toa Payoh has benefitted from the government's rejuvenation efforts. It has evolved into a vibrant neighbourhood centreed around HDB Hub, which has both shopping and dining facilities, as well as an air-conditioned bus interchange. Other amenities are Toa Payoh Stadium, Toa Payoh Sports Hall and Toa Payoh Swimming Complex. The Toa Payoh Stadium can sit 3,500 people, and has hosted S.League club games.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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5
"Very cute condo, nice features and layout!! The little fountains and artworks in the condo are very cute and are like a cherry on top! The jaccuzies on the 4th floor and the chairs are perfect. It's a very simple, pleasent condo!"
N**** N******
Google Review     |   29 Apr 2022
1
"Really nice location but for the past 5 months our pool had been closed as its being retiled. Management had been extending retiling works until January 8 "due to defective tiles, weather and worker shortage". It's understandable but it has been 5 months since this retiling commenced. Communication is almost non-existing as they will only announce the extension via our condominium app a few days after the lapse of the initial extension requested. I love this condominium but everyone in the condominium are very unhappy at the moment due to lack of communication from the management. If you are thinking of renting a unit in this condominium, just make sure to move in once they completed the retiling of the pool and all other facilities are accessible."
J**** F*********
Google Review     |   27 Dec 2021
4
"Condominium complex along minbu road"
D**** T
Google Review     |   17 Jan 2020
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Floor Plans
8
5
2

MONTEBLEU - 8 - 5 - 2

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
570 - 570 sqft
No. of Units
15
Bedroom Type
2BR
Area
807 - 1076 sqft
No. of Units
51
Bedroom Type
3BR
Area
1141 - 1432 sqft
No. of Units
40
Bedroom Type
4BR
Area
1475 - 2626 sqft
No. of Units
43
Bedroom Type
5BR
Area
2551 - 2896 sqft
No. of Units
2

Sales Transaction of MONTEBLEU (Limited to 10)

Unit Search
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There are 360 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of MONTEBLEU
There are 407 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
500 to 600
2,600
1
-
-
-
800 to 900
3,625
8
1,520,000
2
2.9
1100 to 1200
4,807
7
-
-
-
1400 to 1500
7,000
1
2,510,000
2
3.3
1500 to 1600
5,100
2
-
-
-
2000 to 2100
10,800
1
-
-
-
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

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Listings

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Property News

Reinventing Soilbuild Group

FAQs about MONTEBLEU