District 07 · Kallang · RCR
Southbank
North Bridge Road · Apartment · 99 yrs lease commencing from 2006
Current PSF
$1,949
-5.4% vs district median
Gross yield
3.4%
median rent $5,100/mo
3-year gain
7.8%
Transactions · 5y
41
8 in last 12 months
Nearest MRT
Nicoll Highway Mrt Station · 712.386m
CCL
Future MRT
Tavistock Mrt Station
CRL · 2030
Vs local HDB
-
Area income
$8,500/mo median
commercial zone
En-bloc potential31 / 100
20 years old · composite of plot use, age, tenure, value gap & size
Lease decay79 years left
worth 90.5%of freehold today (Bala’s Table) · loses ~5.1pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-3.4%
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
3%
PSF dispersion within project
The neighbourhood
Food
North Bridge Road Market · 87m - 3 hawker centres within 1km
Green
North Bridge Garden · 337m - 4 parks within 1km
Mall
City Square Mall · 1.0km
Health
Raffles Hospital (hospital) · 950m
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
Price trend average PSF by year
2021
$1,680
2022
$1,788
+6.4%
2023
$1,799
+0.6%
2024
$1,891
+5.1%
2025
$1,935
+2.3%
2026
$1,940
+0.3%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,650/mo | $5.62 | 3.5% | 117 |
| 2BR | $5,000/mo | $5.26 | 3.2% | 147 |
| 3BR | $7,100/mo | $5.26 | 3.2% | 49 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jun 2026 | $1,800,000 | 958 | $1,879 | 21-25 |
| May 2026 | $1,850,000 | 904 | $2,046 | 31-35 |
| Apr 2026 | $1,800,000 | 958 | $1,879 | 26-30 |
| Feb 2026 | $1,872,888 | 958 | $1,955 | 11-15 |
| Nov 2025 | $1,200,000 | 614 | $1,956 | 26-30 |
| Oct 2025 | $2,700,000 | 1,313 | $2,056 | 26-30 |
| Sept 2025 | $2,490,000 | 1,313 | $1,896 | 26-30 |
| Aug 2025 | $1,180,000 | 614 | $1,923 | 31-35 |
| May 2025 | $1,750,000 | 904 | $1,935 | 26-30 |
| May 2025 | $1,155,000 | 614 | $1,883 | 16-20 |
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More in District 07
The HDB blocks next door
The entry point, measured: what the resale flats around Southbank actually sell for - this project trades at 2.8× the nearest block’s PSF.