District 12 · Novena · RCR
Calarasi
Kim Keat Lane · Apartment · Freehold
Current PSF
$1,508
-5.2% vs district median
Gross yield
2.9%
median rent $4,450/mo
3-year gain
6.9%
Transactions · 5y
6
2 in last 12 months
Nearest MRT
Novena Mrt Station · 1,238.532m
NSL
Future MRT
Bright Hill Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$11,500/mo median
residential zone
En-bloc potential33 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
2%
PSF dispersion within project
The neighbourhood
P1 ring
Hong Wen School 426m · Phase 2C 2.5× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Bendemeer Secondary School · 688m
Food
Whampoa Drive Blk 91/92 (Whampoa Drive Makan Place/Whampoa Market) · 51m - 3 hawker centres within 1km
Green
Mar Thoma Road Park · 945m - 2 parks within 1km
Mall
Zhongshan Mall · 937m
Health
Tan Tock Seng Hospital (hospital) · 743m
Who lives in Novena
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
49,330
Median age
43 yrs
45% under 40 · getting older
Children 0–9
5,060
▲ 1% since 2015 · future P1 demand
Household size
3.1 avg
Homes
44% HDB
39% condo · 16% landed
Degree holders
48%
residents 15+
Commute
48% transit
31% drive
45 min+ to work
16%
Price trend average PSF by year
2021
$1,141
2023
$1,394
+22.2%
2024
$1,402
+0.6%
2025
$1,502
+7.1%
2026
$1,490
-0.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 3BR | $4,000/mo | $3.48 | 2.8% | 83 |
Recent transactions URA, latest 6
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Feb 2026 | $1,828,000 | 1,227 | $1,490 | 11-15 |
| Nov 2025 | $1,725,000 | 1,130 | $1,526 | 06-10 |
| Mar 2025 | $1,750,000 | 1,184 | $1,478 | 11-15 |
| May 2024 | $1,660,000 | 1,184 | $1,402 | 06-10 |
| Mar 2023 | $1,650,000 | 1,184 | $1,394 | 11-15 |
| Nov 2021 | $1,400,000 | 1,227 | $1,141 | 11-15 |
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More in District 12
The HDB blocks next door
The entry point, measured: what the resale flats around Calarasi actually sell for - this project trades at 3.0× the nearest block’s PSF.