FreeholdRCRDistrict 14 (Kallang)

Canaan

Reviewed by Nathan TangUpdated 24 September 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).

Key facts about Canaan
TenureFreehold
TOP year2023
DeveloperCANAAN HOSPITALITY AND RESIDENCES PTE LTD
Units11 in 1 block
District and areaDistrict 14 · Kallang · RCR
Nearest MRTBoon Keng MRT, 563 m (~9 min walk)
Latest median psfS$1,730 psf, last 8 URA caveats to Oct 2024
1

What's for sale and for rent at Canaan?

Key Takeaway

No units at Canaan are listed for sale or for rent on the property portals PropKaki tracks right now.

Recorded sale prices are in the sections below. Search listings across Singapore →

2

What are the floor plans and unit sizes at Canaan?

Key Takeaway

Floor plans for Canaan aren't in PropKaki's library yet. Across 8 URA caveats, units range from 775 sqft to 1,281 sqft, and the middle half are 775 sqft to 947 sqft.

Check the Floor Plan Finder for Canaan →

Unit sizes from URA caveats.

3

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.

4

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$1,998,2131,281S$1,560 psf
Oct 2024S$1,657,643947S$1,750 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.

5

Is Canaan a good investment?

Key Takeaway

Canaan has no resales on record yet, so it has no track record of its own. Across District 14, 86% of 11,876 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

District 14 sold for more

86%

of 11,876 private resales

Median gain

23%

gross, before costs

Median hold

6.3 years

bought to resold

Canaan has fewer than 10 matched resales, so the figures are for District 14 as a whole. Check the odds for your unit size and holding period →

6

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.

7

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.

8

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

Read how to tell if a condo is profitable →

9

How many property agents are active around Canaan?

Key Takeaway

7,770 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

7,770

District 14 · closed ≥1 deal

Deals on record

39,512

all-time · all property types

Source: CEA public transaction records, attributed to District 14 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 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…
10

Frequently asked questions about Canaan

Is Canaan freehold?

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

How old is Canaan?

Canaan was completed (obtained TOP) in 2023, so it is about 3 years old.

Is Canaan a good investment?

Canaan has no resales on record yet, so it has no track record of its own. Across District 14, 86% of 11,876 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 23% over a median 6.3-year hold (URA caveats, before costs). Past resale results don't predict future returns, and this is not financial advice.

Is Canaan an EC?

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

Who is the developer of Canaan?

Canaan was developed by CANAAN HOSPITALITY AND RESIDENCES PTE LTD.

What is the price of a condo at Canaan?

Units at Canaan have recently sold for around S$1.62M (S$1,730 psf), the median of the last 8 URA caveats to Oct 2024. The price depends on size, floor and facing.

Where is Canaan located?

Canaan is at 11 Mattar Road, Singapore 387720, in Kallang (District 14). The nearest MRT station is Boon Keng MRT, about 563 m away.

How many units are there in Canaan?

Canaan has 11 units in 1 block.

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.

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 get priority in Primary 1 (P1) registration.