GILSTEAD MANSION Review

Condo Review 4 min read Last reviewed
District 11 · Freehold · Completed 1991
~$1,830Avg PSF (12-month)
3Total units
Category Ratings
Walkability
7.0
Investment
4.4
En-Bloc Potential
6.6
ShiokNest Score
6.0

Overview & Key Facts

GILSTEAD MANSION is a freehold condominium at GILSTEAD ROAD in District 11 (CCR), developed by ALPRO MANAGEMENT SERVICES PTE LTD, comprising 3 units, completed in 1991.

Developer
ALPRO MANAGEMENT SERVICES PTE LTD
Tenure
Freehold
Total units
3
TOP year
1991
District
11 — CCR
Street
GILSTEAD ROAD

Location & Connectivity

GILSTEAD MANSION is approximately 420m from Novena MRT station, with 4 stations within 1.5 km.

MRT stations near GILSTEAD MANSION
StationLineDistance
NovenaNorth-South Line420m
NewtonNorth-South Line680m
NewtonDowntown Line680m
Mount PleasantThomson-East Coast Line1 km

Schools & Education

15 schools within 2 km (6 within 1 km priority zone).

Schools near GILSTEAD MANSION
SchoolTypeDistance
Singapore Chinese Girls' School (Primary)Primary550m
St. Joseph's InstitutionSecondary640m
Anglo-Chinese School (Primary)Primary680m
St. Margaret's Primary SchoolPrimary810m
St. Margaret's Secondary SchoolSecondary850m
CHIJ Our Lady Queen of PeacePrimary980m
New Town Primary SchoolPrimary1.1 km
St. Anthony's Primary SchoolPrimary1.4 km

Market Position

GILSTEAD MANSION has recorded 2 sales at an average price of $2,975,000.

GILSTEAD MANSION sits at the 51st percentile of District 11 condo PSF.
$1,830 psf
Avg PSF (12mo)
$2,975,000
Avg Price
1.8%
Gross Yield
2
Total Sales

Neighbourhood Comparison

District 11 competitors
CondoTenureAvg PSFSales
PULLMAN RESIDENCES NEWTONFreehold$3,074 psf288
WATTEN HOUSEFreehold$3,236 psf180
SOLEIL @ SINARAN99 yrs lease commencing from 2006$1,979 psf96
PEAK RESIDENCEFreehold$2,489 psf90
AMARYLLIS VILLE99 yrs lease commencing from 1997$1,909 psf74

What Could Work Against You

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 3-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 35+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

This is a strong match for mrt-walkable commuters, en-bloc speculators, freehold / generational hold and boutique low-density (<100 units). Located ~423m from Novena MRT, this property is a comfortable daily walk for transit commuters.

For foreign / absd-aware buyers and heavy renovation / value seekers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors, long-term hold (10+ yr) and resort facilities — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

GILSTEAD MANSION is a freehold development in District 11 (CCR), with 3 units, offering a gross yield of 1.8%.

At ~$1,830 psf, it reflects its premium CCR positioning.

Explore the full GILSTEAD MANSION dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing GILSTEAD MANSION against staying public? These HDB towns sit within walking or short-drive distance:

  • Kallang/whampoa — 4-room average $882,887 (760m away), an upgrader gap of about $2,100,000
  • Toa Payoh — 4-room average $929,793 (1.2 km away), an upgrader gap of about $2,050,000
  • Central Area — 4-room average $1,088,814 (1.8 km away), an upgrader gap of about $1,900,000

FAQ

What is the average PSF for GILSTEAD MANSION?
The 12-month average is approximately $1,830 psf.
Is GILSTEAD MANSION freehold?
Yes, GILSTEAD MANSION is a freehold property.
What is the rental yield for GILSTEAD MANSION?
The estimated gross yield is 1.8%.
Which MRT is nearest to GILSTEAD MANSION?
The nearest is Novena MRT at 420m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 2 transactions
  • Rental data: 28 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 2 records analysed · Source: URA private-sale caveats

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