District 15 · Kallang · RCR
Casuarina Cove
Tanjong Rhu Road · Condominium · 99 yrs lease commencing from 1993
Current PSF
$1,619
-7.4% vs district median
Gross yield
2.9%
median rent $5,000/mo
3-year gain
11.7%
Transactions · 5y
26
6 in last 12 months
Nearest MRT
Tanjong Rhu Mrt Station · 120.361m
TEL
Future MRT
Defu Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$8,500/mo median
residential zone
En-bloc potential39 / 100
33 years old · composite of plot use, age, tenure, value gap & size
Lease decay66 years left
worth 83.6%of freehold today (Bala’s Table) · loses ~5.7pts of freehold value over the next decade
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
4%
PSF dispersion within project
The neighbourhood
Secondary
Broadrick Secondary School · 1.7km
Food
Jalan Batu Blk 4a (Blk 4a Jalan Batu Hawker Centre/Market) · 1.2km
Green
East Coast Park Area A3 · 527m - 2 parks within 1km
Mall
Kallang Wave Mall · 633m
Health
Raffles Hospital (hospital) · 1.9km
Who lives in Kallang
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
101,290
Median age
46 yrs
41% under 40 · getting older
Children 0–9
8,060
▼ 8% since 2015 · future P1 demand
Household size
2.7 avg
Homes
78% HDB
19% condo · 1% landed
Degree holders
33%
residents 15+
Commute
60% transit
18% drive
45 min+ to work
16%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
What the record shows
The floor premium
Over the last 3 years, units on the 10th floor and above transacted at a median $1,626 psf - 3% above units on floors 1–5 ($1,577 psf).
Price trend average PSF by year
2021
$1,304
2022
$1,420
+8.9%
2023
$1,451
+2.2%
2024
$1,606
+10.7%
2025
$1,585
-1.3%
2026
$1,621
+2.3%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,300/mo | $3.88 | 2.9% | 23 |
| 2BR | $4,600/mo | $3.41 | 2.5% | 73 |
| 3BR | $6,000/mo | $3.87 | 2.9% | 75 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $2,710,000 | 1,625 | $1,667 | 01-05 |
| Feb 2026 | $2,660,000 | 1,593 | $1,670 | 11-15 |
| Feb 2026 | $2,625,000 | 1,593 | $1,648 | 01-05 |
| Feb 2026 | $1,824,000 | 1,216 | $1,500 | 01-05 |
| Aug 2025 | $2,480,000 | 1,528 | $1,623 | 11-15 |
| Aug 2025 | $2,400,000 | 1,496 | $1,604 | 06-10 |
| Jul 2025 | $2,725,000 | 1,625 | $1,677 | 01-05 |
| Jul 2025 | $2,200,000 | 1,464 | $1,503 | 01-05 |
| Apr 2025 | $2,380,000 | 1,528 | $1,557 | 16-20 |
| Mar 2025 | $2,460,000 | 1,593 | $1,544 | 06-10 |
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