District 15 · Kallang · RCR
Pebble Bay
Tanjong Rhu Road · Condominium · 99 yrs lease commencing from 1994
Current PSF
$1,864
+6.6% vs district median
Gross yield
3.0%
median rent $8,700/mo
3-year gain
5.8%
Transactions · 5y
107
16 in last 12 months
Nearest MRT
Tanjong Rhu Mrt Station · 132.396m
TEL
Future MRT
Defu Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$8,500/mo median
residential zone
En-bloc potential35 / 100
32 years old · composite of plot use, age, tenure, value gap & size
Lease decay67 years left
worth 84.2%of freehold today (Bala’s Table) · loses ~5.7pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
+5.1%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
8%
PSF dispersion within project
The neighbourhood
Secondary
Broadrick Secondary School · 1.9km
Food
Golden Mile Food Centre · 1.1km
Green
East Coast Park Area A3 · 707m - 2 parks within 1km
Mall
Kallang Wave Mall · 616m
Health
Raffles Hospital (hospital) · 1.7km
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 $1,940 psf - 11% above units on floors 1–5 ($1,748 psf).
Price trend average PSF by year
2021
$1,505
2022
$1,636
+8.7%
2023
$1,735
+6.1%
2024
$1,765
+1.7%
2025
$1,863
+5.6%
2026
$1,835
-1.5%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,850/mo | $4.53 | 2.9% | 90 |
| 2BR | $5,900/mo | $4.37 | 2.8% | 119 |
| 3BR | $8,500/mo | $4.59 | 3.0% | 290 |
| 4BR | $12,500/mo | $4.72 | 3.0% | 84 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $4,450,000 | 2,788 | $1,596 | 01-05 |
| Jul 2026 | $2,438,000 | 1,302 | $1,872 | 01-05 |
| Jul 2026 | $2,158,888 | 1,302 | $1,658 | 01-05 |
| Jun 2026 | $2,800,000 | 1,367 | $2,048 | 01-05 |
| May 2026 | $4,310,000 | 2,336 | $1,845 | 11-15 |
| May 2026 | $3,314,500 | 1,894 | $1,750 | 01-05 |
| Mar 2026 | $3,880,000 | 2,336 | $1,661 | 06-10 |
| Feb 2026 | $4,400,000 | 2,099 | $2,096 | 01-05 |
| Feb 2026 | $3,750,000 | 1,894 | $1,979 | 11-15 |
| Jan 2026 | $3,500,000 | 1,894 | $1,848 | 06-10 |
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