FreeholdRCRDistrict 12 (Novena)

Calarasi

Reviewed by Nathan TangUpdated 24 September 2026Data through Feb 2026 (URA)
Quick Summary

Calarasi is a freehold apartment in District 12 (Novena) that obtained TOP in 2004, with 99 units across 1 block. Across 159 transactions on record, units have recently transacted around S$1.40M (S$1,141 psf, ~1,184 sqft). There are 4 units for sale from S$1.79M to S$2.00M.

Key facts about Calarasi
TenureFreehold
TOP year2004
DeveloperCALARASI PTE LTD
Units99 in 1 block
District and areaDistrict 12 · Novena · RCR
Nearest MRTBoon Keng MRT, 943 m (~15 min walk)
Latest median psfS$1,141 psf, last 12 URA caveats to Feb 2026
1

What's for sale and for rent at Calarasi?

Key Takeaway

Calarasi has 4 units listed for sale, asking S$1.79M to S$2.00M, and 12 units for rent at a median of S$1,288 a month.

For sale

4 listings

S$1.79M – S$2.00M

For rent

12 listings

S$1,100 – S$1,500 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom4S$1.79M–S$2.00M

Asking prices of units currently listed on property portals, not transacted prices.

2

What are the floor plans and unit sizes at Calarasi?

Key Takeaway

Floor plans for Calarasi aren't in PropKaki's library yet. Across 159 URA caveats, units range from 1,130 sqft to 2,443 sqft, and the middle half are 1,152 sqft to 1,216 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,153 sqft to 1,206 sqftS$1.79M

Check the Floor Plan Finder for Calarasi →

Unit sizes from URA caveats. Listed sizes from current property listings.

3

What is the price and PSF at Calarasi?

Key Takeaway

Units have recently transacted around S$1.40M (S$1,141 psf), at a gross rental yield of about 2.7% (URA caveat data).

Recent median price

S$1.40M

recent · 159 sales on record

Median PSF

S$1,141 psf

recent transactions

Median rent (monthly)

S$3,143

385 rentals on record

Gross rental yield

2.7%

indicative, gross

Source: URA caveat data, through Feb 2026.

4

What has recently sold at Calarasi?

Key Takeaway

Calarasi has 159 recorded sales; the most recent transacted at S$1,828,000 in Feb 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Feb 2026S$1,828,0001,227S$1,490 psf
Nov 2025S$1,725,0001,130S$1,526 psf
Mar 2025S$1,750,0001,184S$1,478 psf
May 2024S$1,660,0001,184S$1,402 psf
Mar 2023S$1,650,0001,184S$1,394 psf
Nov 2021S$1,400,0001,227S$1,141 psf
Nov 2020S$1,310,0001,227S$1,068 psf
Sept 2020S$1,249,0001,130S$1,105 psf
Sept 2020S$1,310,0001,130S$1,159 psf
Sept 2020S$1,320,0001,206S$1,095 psf
Feb 2020S$1,230,0001,184S$1,039 psf
Dec 2019S$2,700,0002,443S$1,105 psf

159 sales and 385 rentals on record since Sept 2001. Source: URA.

5

Are prices at Calarasi rising?

Key Takeaway

The median transacted PSF at Calarasi has risen 51% over the past 13 years (20122025), from S$980 psf to S$1,478 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2025S$1,478 psfS$1.73M2+35.0%
2020S$1,095 psfS$1.31M5+5.0%
2019S$1,043 psfS$1.24M2+0.3%
2018S$1,040 psfS$1.25M5+3.3%
2017S$1,007 psfS$1.22M7+1.2%
2016S$995 psfS$1.20M2+3.2%
2015S$964 psfS$1.09M2+0.8%
2014S$956 psfS$1.08M2-13.7%
2013S$1,108 psfS$1.35M2+13.1%
2012S$980 psfS$1.20M5

Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.

6

Is Calarasi a good investment?

Key Takeaway

Of 63 units at Calarasi that were bought and later resold (bought from 2001, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 52% over a median 6.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

91%

of 63 resales here

Median gain

52%

gross, before costs

Median hold

6.4 years

bought to resold

Every unit at Calarasi with a purchase and a later resale on record, matched from URA caveats. Check the odds for your unit size and holding period →

7

Where is Calarasi and what's nearby?

Key Takeaway

Calarasi is located in Novena, in the Central Region of Singapore.

Calarasi is a freehold apartment completed in 2004. It was developed by CALARASI PTE LTD. The development has 99 residential units. It sits on a land area of 3,877 sqm and has a gross floor area of 10,855 sqm. The plot ratio is 2.8.

CALARASI is located at 31 Kim Keat Lane, Singapore 328882. It is part of District 12, Balestier / Toa Payoh / Serangoon, Novena. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Boon Keng MRT, approximately 943m away, around 15 minutes on foot. Nearby amenities include Square 2 for shopping, NTUC Fairprice Co-operative Ltd for groceries, Blks 91/92 Whampoa Drive # for food options, and Mar Thoma Road Park for greenery and recreation. Facilities in the development include Barbeque Area, Covered car park, Fun pool, Gymnasium room, Jacuzzi, and Playground.

8

How far is Calarasi from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Calarasi is Boon Keng MRT, about 943 m away (~15 min walk). 3 schools are within 1 km, including 1 primary school.

Getting around

Schools nearby

Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority428 m
  • Northlight SchoolSecondary schoolwithin 1 km545 m
  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km741 m
  • St. Joseph's Institution JuniorPrimary school1.2 km
  • Bendemeer Primary SchoolPrimary school1.2 km
  • Farrer Park Primary SchoolPrimary school1.3 km
  • St Andrew's Junior CollegeJunior college1.5 km
  • St Andrew's School (Junior)Primary school1.5 km

Shops, food & parks

Mall: Square 2 · 1.2 kmSupermarket: NTUC Fairprice Co-operative Ltd · 146 mHawker centre: Blks 91/92 Whampoa Drive # · 53 mPark: Mar Thoma Road Park · 940 m

Straight-line distances from the development. Source: PropKaki amenities data.

9

Who built Calarasi and how big is the development?

Key Takeaway

Calarasi was developed by CALARASI PTE LTD, designed by TAA ARCHITECTS PTE LTD, with 99 units.

Developer
CALARASI PTE LTD
Architect
TAA ARCHITECTS PTE LTD
Main contractor
SIN HAI FENG PTE LTD
Blocks
1
Land area
3,877 sqm (41,732 sqft)
Gross floor area
10,855 sqm (116,842 sqft)
Plot ratio
2.80
10

What facilities does Calarasi have?

Key Takeaway

Calarasi has 9 facilities, including Barbeque Area, Covered car park, Fun pool, Gymnasium room, and more.

Barbeque AreaCovered car parkFun poolGymnasium roomJacuzziPlaygroundSauna24 hours securitySwimming pool
11

What does it cost to own a unit at Calarasi?

Key Takeaway

Buying a unit at Calarasi (~S$1.40M) needs about S$10,248/mo in income and S$4,715/mo in repayments, after S$40,600 stamp duty and a S$350k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.40M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →

Buyer's Stamp Duty

S$40,600

BSD, tiered

Downpayment (25%)

S$350k

cash + CPF

Monthly instalment

S$4,715/mo

30y @ 3.5%

Income required

S$10,248/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Calarasi?

Key Takeaway

6,318 CEA-registered agents closed at least one recorded deal in District 12 — where Calarasi sits — in the last 12 months, across all property types.

Active agents · 12mo

6,318

District 12 · closed ≥1 deal

Deals on record

24,291

all-time · all property types

Source: CEA public transaction records, attributed to District 12 across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

Keep going in the PropKaki app

Thinking about Calarasi? Ask before you commit.

A fair-value read, recent comps and what a unit really costs — from Calarasi's own transactions.

PropKaki
Is Calarasi a good buy, and what are units selling for?

Recent units at Calarasi sold close to their fair value — solid, no obvious overpay.

Ask anything about Singapore property…
13

Frequently asked questions about Calarasi

Is Calarasi freehold?

Yes. Calarasi is freehold, so ownership does not run out.

How old is Calarasi?

Calarasi was completed (obtained TOP) in 2004, so it is about 22 years old.

Is Calarasi a good investment?

Of 63 units at Calarasi that were bought and later resold (bought from 2001, resold up to 2026), 91% sold for more than they were bought for, with a median gain of 52% over a median 6.4-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.7%. Past resale results don't predict future returns, and this is not financial advice.

Is Calarasi an EC?

No. Calarasi is a private apartment development, not an executive condominium (EC).

Who is the developer of Calarasi?

Calarasi was developed by CALARASI PTE LTD.

What is the price of a condo at Calarasi?

Units at Calarasi have recently sold for around S$1.40M (S$1,141 psf), the median of the last 12 URA caveats to Feb 2026. The price depends on size, floor and facing. 4 units are listed for sale from S$1.79M to S$2.00M.

Where is Calarasi located?

Calarasi is at 31 Kim Keat Lane, Singapore 328882, in Novena (District 12). The nearest MRT station is Boon Keng MRT, about 943 m away.

How many units are there in Calarasi?

Calarasi has 99 units in 1 block.

How much do I need to earn to buy at Calarasi?

For a unit around S$1.40M as a first home, you'd need roughly S$10,248/mo in income (assessed at the stress-test rate), with repayments near S$4,715/mo after a S$350k (25%) downpayment and S$40,600 Buyer's Stamp Duty.

Are prices at Calarasi going up?

The median price per square foot at Calarasi has risen about 51% between 2012 and 2025, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of Calarasi?

Hong Wen School is within 1 km of Calarasi. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.