RPS · Resale Project Scorecard
Monarchy Apartments — Grade B
RPS score 6.26/10 · D11 · Newton, Novena · 39 units · scored across 7 weighted factors — methodology published.
FH · Queens Square Investment Pte Ltd (Land Resources) · TOP 1997
Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
Factor breakdown
- Project's Historical Performance25% weight
- 6/10
- Primary School Effect20% weight
- 9/10
- Project Size16% weight
- 3/10
- MRT Proximity13% weight
- 6/10
- Rental Yield10% weight
- 5/10
- Tenure10% weight
- 10/10
- Future Transformation6% weight
- 3/10
Avg Ann. of +3.68% — near-median performance within its 1997-era cohort (58th percentile).
2 primary schools within 1km (nearest: HONG WEN SCHOOL at 0.90km). Exceptional school catchment — strong appeal for families with young children.
39 units — very small project; niche product with thin resale market.
0.85km from Novena Mrt Stn (NS20) — moderate MRT proximity; walkable but not doorstep.
Rental yield of 3.25% — above-average income return.
Freehold tenure — no lease decay concerns, preserves long-term value.
Limited future-catalyst exposure — nearest is Newton–Orchard mixed-use precinct at 1.88km, far enough that the impact on this project is modest.
Primary schools within 1km: HONG WEN School, ST. Joseph's Institution Junior.
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The verdict· Scores updated September 2026
Monarchy Apartments scores 6.26 out of 10 on the TRIBE Resale Project Scorecard, Grade B, ranking 855th of 2,357 resale condos scored in Singapore and 33rd of 143 in District 11 (Newton, Novena). Its strongest factors are Tenure (10/10) and Primary School Effect (9/10); its weakest is Future Transformation (3/10). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size.
RPS · Resale Project Scorecard
Recent resale transactions at Monarchy Apartments
URA REALIS records no resale transactions at Monarchy Apartments in the 12 months to September 2026. The Historical Performance factor (6/10) is scored on 10-year price performance against same-vintage peers instead.
Monarchy Apartments: frequently asked questions
Answers generated from the scorecard data — RPS rank 855th of 2,357, scores updated September 2026.
- Is Monarchy Apartments a good buy in 2026?
- Monarchy Apartments scores 6.26/10 on the TRIBE Resale Project Scorecard (Grade B), which places it 855th of 2,357 Singapore resale condos and 33rd of 143 in District 11 (Newton, Novena). Solid, middle-of-the-pack project. Standout strengths: tenure, schools. Key weaknesses: future transformation, project size. RPS scores project-level demand fundamentals — not a specific unit or its asking price — so read the grade as a screen: it tells you whether the drivers of resale demand are present, and the price you pay still decides the outcome.
- What is the average PSF at Monarchy Apartments?
- URA REALIS records no resale transactions at Monarchy Apartments in the 12 months to September 2026, so there is no recent PSF to quote. RPS scores the project's Historical Performance factor (6/10) on its 10-year resale price performance against same-vintage peers instead.
- How far is Monarchy Apartments from the nearest MRT station?
- Monarchy Apartments is about 850m from Novena MRT (NS20), scoring 6/10 on the MRT Proximity factor (13% of the RPS score). Distances are straight-line, and confirmed upcoming stations are also considered.
- How does Monarchy Apartments compare with Strata?
- Strata is the project scored next to Monarchy Apartments on the District 11 ranking: 6.27 (Grade B) against Monarchy Apartments's 6.26 (Grade B). Monarchy Apartments scores higher on Project's Historical Performance (6 vs 4) and Primary School Effect (9 vs 8); Strata scores higher on MRT Proximity (6 vs 9) and Project Size (3 vs 5).
- Which primary schools are within 1km of Monarchy Apartments?
- 2 primary schools are within 1km of Monarchy Apartments: HONG WEN School, ST. Joseph's Institution Junior. 2 primary schools within 1km (nearest: HONG WEN SCHOOL at 0.90km). Exceptional school catchment — strong appeal for families with young children. Monarchy Apartments scores 9/10 on the Primary School Effect factor (20% of the RPS score), which weights each school by its recent P1 ballot demand.
- What is the tenure of Monarchy Apartments, and how big is the project?
- Monarchy Apartments is freehold, completed in 1997, has 39 units, developed by Queens Square Investment Pte Ltd (Land Resources). Freehold tenure — no lease decay concerns, preserves long-term value. 39 units — very small project; niche product with thin resale market. Tenure carries 10% of the RPS score and Project Size 16%.
Scored either side of Monarchy Apartments in Newton, Novena
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