FreeholdRCRDistrict 14 (Kallang)

Canaan

Reviewed by Nathan TangUpdated 10 August 2026Data through Oct 2024 (URA)
Quick Summary

Canaan is a freehold apartment in District 14 (Kallang) that obtained TOP in 2023, with 11 units across 1 block. Across 8 transactions on record, units have recently transacted around S$1.62M (S$1,730 psf, ~947 sqft).

1

What are the key facts about Canaan?

Key Takeaway

Canaan is a freehold apartment in District 14 (Kallang) that obtained TOP in 2023, with 11 units across 1 block.

Tenure
Freehold
TOP / Completion
2023
Developer
CANAAN HOSPITALITY AND RESIDENCES PTE LTD
Total units
11
Blocks
1
District / Area
District 14 (Kallang)
Market segment
RCR
Median PSF
S$1,730 psf
Last transacted
Oct 2024
Remaining lease
Freehold
2

What is the price and PSF at Canaan?

Key Takeaway

Units have recently transacted around S$1.62M (S$1,730 psf) (URA caveat data).

Recent median price

S$1.62M

recent · 8 sales on record

Median PSF

S$1,730 psf

recent transactions

Median rent (monthly)

0 rentals on record

Gross rental yield

indicative, gross

Source: URA caveat data, through Oct 2024.

3

What has recently sold at Canaan?

Key Takeaway

Canaan has 8 recorded sales; the most recent transacted at S$1,410,503 in Oct 2024 (URA caveat data).

DatePriceSize (sqft)PSF
Oct 2024S$1,410,503775S$1,820 psf
Oct 2024S$1,657,643947S$1,750 psf
Oct 2024S$1,998,2131,281S$1,560 psf
Sept 2024S$1,441,503775S$1,860 psf
Sept 2024S$1,426,003775S$1,840 psf
Jul 2024S$1,619,754947S$1,710 psf
Jul 2024S$1,860,0041,163S$1,600 psf
Jul 2024S$1,638,698947S$1,730 psf

8 sales and 0 rentals on record since Jul 2024. Source: URA.

4

How many property agents are active around Canaan?

Key Takeaway

7,769 CEA-registered agents closed at least one recorded deal in District 14 — where Canaan sits — in the last 12 months, across all property types.

Active agents · 12mo

7,769

District 14 · closed ≥1 deal

Deals on record

39,463

all-time · all property types

Source: CEA public transaction records, attributed to District 14across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

Where is Canaan and what's nearby?

Key Takeaway

Canaan is located in Kallang, in the Central Region of Singapore.

Canaan is a freehold apartment completed in 2023. It was developed by CANAAN HOSPITALITY AND RESIDENCES PTE LTD. The development has 11 residential units.

CANAAN is located at 11 Mattar Road, Singapore 387720. It is part of District 14, Geylang / Eunos, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Boon Keng MRT, approximately 563m away, around 9 minutes on foot. Nearby amenities include The Poiz Centre for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, Blk 29 Bendemeer Road for food options, and Beng Wan Rd Pg for greenery and recreation.

6

How far is Canaan from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Canaan is Boon Keng MRT, about 563 m away (~9 min walk). 5 schools are within 1 km, including 3 primary schools.

Getting around

Schools nearby

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

  • Bendemeer Secondary SchoolSecondary schoolwithin 1 km295 m
  • Bendemeer Primary SchoolPrimary schoolwithin 1 km · P1 priority319 m
  • Hong Wen SchoolPrimary schoolwithin 1 km · P1 priority703 m
  • St Andrew's School (Secondary)Secondary schoolwithin 1 km803 m
  • St Andrew's School (Junior)Primary schoolwithin 1 km · P1 priority842 m
  • St Andrew's Junior CollegeJunior college1.0 km
  • Northlight SchoolSecondary school1.0 km
  • Cedar Girls' Secondary SchoolSecondary school1.6 km

Shops, food & parks

Mall: The Poiz Centre · 983 mSupermarket: Sheng Siong Supermarket Pte Ltd · 533 mHawker centre: Blk 29 Bendemeer Road · 534 mPark: Beng Wan Rd Pg · 255 m

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

7

What does it cost to own a unit at Canaan?

Key Takeaway

Buying a unit at Canaan (~S$1.62M) needs about S$11,857/mo in income and S$5,455/mo in repayments, after S$50,588 stamp duty and a S$405k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.62M) 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$50,588

BSD, tiered

Downpayment (25%)

S$405k

cash + CPF

Monthly instalment

S$5,455/mo

30y @ 3.5%

Income required

S$11,857/mo

TDSR @ stress rate

Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →

Keep going in the PropKaki app

Thinking about Canaan? Ask before you commit.

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

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

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

Ask anything about Singapore property…
8

Frequently asked questions about Canaan

How much does a unit at Canaan cost?

Units at Canaan have recently transacted around S$1.62M (S$1,730 psf), from 8 sales on record (URA caveats). The exact price depends on size, floor and facing.

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

For a unit around S$1.62M as a first home, you'd need roughly S$11,857/mo in income (assessed at the stress-test rate), with repayments near S$5,455/mo after a S$405k (25%) downpayment and S$50,588 Buyer's Stamp Duty.

Is Canaan freehold or leasehold?

Canaan is freehold — ownership does not expire.

When was Canaan built and who developed it?

Canaan obtained TOP in 2023, developed by CANAAN HOSPITALITY AND RESIDENCES PTE LTD, with 11 units across 1 block.

What is the nearest MRT to Canaan?

The nearest MRT/LRT station to Canaan is Boon Keng MRT, about 563 m away (~9 min walk).

Which primary schools are within 1 km of Canaan?

Bendemeer Primary School, Hong Wen School, St Andrew's School (Junior) are within 1 km of Canaan — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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