99-yearCCRDistrict 7 (Kallang)

Southbank

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

Southbank is a 99-year apartment in District 7 (Kallang) that obtained TOP in 2010, with 197 units across 2 blocks. Across 504 transactions on record, units have recently transacted around S$1.75M (S$1,905 psf, ~904 sqft). There are 25 units for sale from S$1.18M to S$8.00M. The lease has approximately 79 years remaining.

Key facts about Southbank
Tenure99-year leasehold from 2006 (≈79 years left)
TOP year2010
DeveloperKINGS & QUEENS DEVELOPMENT PTE LTD
Units197 in 2 blocks
District and areaDistrict 7 · Kallang · CCR
Nearest MRTLavender MRT, 226 m (~4 min walk)
Latest median psfS$1,905 psf, last 12 URA caveats to Jul 2026
1

What's for sale and for rent at Southbank?

Key Takeaway

Southbank has 25 units listed for sale, asking S$1.18M to S$8.00M (median S$1,993 psf), and 21 units for rent at a median of S$5,400 a month.

For sale

25 listings

S$1.18M – S$8.00M

For rent

21 listings

S$1,400 – S$5,800 a month

BedroomsFor saleAsking priceMedian PSF
1-bedroom14S$1.18M–S$1.27MS$1,993 psf
2-bedroom7S$2.00M–S$2.09MS$2,064 psf
4-bedroom4S$7.50M–S$8.00MS$1,897 psf

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

2

What are the floor plans and unit sizes at Southbank?

Key Takeaway

Floor plans for Southbank aren't in PropKaki's library yet. Across 504 URA caveats, units range from 592 sqft to 4,155 sqft, and the middle half are 614 sqft to 969 sqft.

Unit typeSizes listed for saleAsking from
1-bedroom592 sqft to 614 sqftS$1.18M · S$1,993 psf
2-bedroom958 sqft to 969 sqftS$2.00M · S$2,064 psf
4-bedroom4,155 sqftS$7.50M · S$1,897 psf

Check the Floor Plan Finder for Southbank →

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

3

What is the price and PSF at Southbank?

Key Takeaway

Units have recently transacted around S$1.75M (S$1,905 psf), at a gross rental yield of about 2.9% (URA caveat data).

Recent median price

S$1.75M

recent · 504 sales on record

Median PSF

S$1,905 psf

recent transactions

Median rent (monthly)

S$4,258

1,324 rentals on record

Gross rental yield

2.9%

indicative, gross

Units currently for sale are asking a median of S$1,993 psf — about 5% above the most recent transacted PSF.

Source: URA caveat data, through Jul 2026.

4

What has recently sold at Southbank?

Key Takeaway

Southbank has 504 recorded sales; the most recent transacted at S$990,000 in Jul 2026 (URA caveat data).

DatePriceSize (sqft)PSF
Jul 2026S$990,000592S$1,672 psf
Jun 2026S$1,800,000958S$1,879 psf
May 2026S$1,850,000904S$2,046 psf
Apr 2026S$1,800,000958S$1,879 psf
Feb 2026S$1,872,888958S$1,955 psf
Nov 2025S$1,200,000614S$1,956 psf
Oct 2025S$2,700,0001,313S$2,056 psf
Sept 2025S$2,490,0001,313S$1,896 psf
Aug 2025S$1,180,000614S$1,923 psf
May 2025S$1,750,000904S$1,935 psf
May 2025S$1,128,000592S$1,905 psf
May 2025S$1,155,000614S$1,882 psf

504 sales and 1,324 rentals on record since Jun 2006. Source: URA.

5

Are prices at Southbank rising?

Key Takeaway

The median transacted PSF at Southbank has risen 24% over the past 9 years (20172026), from S$1,514 psf to S$1,879 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2026S$1,879 psfS$1.80M5-2.1%
2025S$1,920 psfS$1.72M11+2.2%
2024S$1,879 psfS$1.75M12+4.2%
2023S$1,804 psfS$1.11M6+1.6%
2022S$1,775 psfS$1.67M4+5.9%
2021S$1,676 psfS$1.53M15+3.0%
2020S$1,627 psfS$1.02M6-1.7%
2019S$1,655 psfS$1.58M5+2.2%
2018S$1,620 psfS$1.52M17+7.0%
2017S$1,514 psfS$1.01M8

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

6

Is Southbank a good investment?

Key Takeaway

Of 285 units at Southbank that were bought and later resold (bought from 2006, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 33% over a median 3.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Sold for more than bought

97%

of 285 resales here

Median gain

33%

gross, before costs

Median hold

3.1 years

bought to resold

Every unit at Southbank 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 Southbank and what's nearby?

Key Takeaway

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

Southbank is a 99-year apartment completed in 2010. It was developed by KINGS & QUEENS DEVELOPMENT PTE LTD. The development has 197 residential units. It sits on a land area of 3,850 sqm and has a gross floor area of 18,100 sqm. The plot ratio is 4.7.

SOUTHBANK is located at 881 North Bridge Road, Singapore 198784. It is part of District 07, Middle Road / Golden Mile, Kallang. The project falls within the Central Region and the CCR market segment.

The nearest rail connection is Lavender MRT, approximately 226m away, around 4 minutes on foot. Nearby amenities include Aperia Mall for shopping, MAHOTA FOOD PTE. LTD. for groceries, North Bridge Road Market & Food Centre for food options, and North Bridge Garden for greenery and recreation. Facilities in the development include Barbeque Area, Fun pool, Function room, Gymnasium room, Lap pool, and Playground.

8

How far is Southbank from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Southbank is Lavender MRT, about 226 m away (~4 min walk).

Getting around

Schools nearby

  • Farrer Park Primary SchoolPrimary school1.7 km
  • Northlight SchoolSecondary school1.7 km
  • Bendemeer Primary SchoolPrimary school1.8 km
  • School Of The Arts, SingaporeMixed-level school1.9 km
  • Hong Wen SchoolPrimary school1.9 km

Shops, food & parks

Mall: Aperia Mall · 539 mSupermarket: Mahota Food Pte. Ltd. · 360 mHawker centre: North Bridge Road Market & Food Centre · 62 mPark: North Bridge Garden · 321 m

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

9

Who built Southbank and how big is the development?

Key Takeaway

Southbank was developed by KINGS & QUEENS DEVELOPMENT PTE LTD, with 197 units.

Developer
KINGS & QUEENS DEVELOPMENT PTE LTD
Blocks
2
Land area
3,850 sqm (41,441 sqft)
Gross floor area
18,100 sqm (194,827 sqft)
Plot ratio
4.70
10

What facilities does Southbank have?

Key Takeaway

Southbank has 9 facilities, including Barbeque Area, Fun pool, Function room, Gymnasium room, and more.

Barbeque AreaFun poolFunction roomGymnasium roomLap poolPlayground24 hours securitySpa poolSwimming pool
11

What does it cost to own a unit at Southbank?

Key Takeaway

Buying a unit at Southbank (~S$1.75M) needs about S$12,811/mo in income and S$5,894/mo in repayments, after S$57,100 stamp duty and a S$438k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.75M) 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$57,100

BSD, tiered

Downpayment (25%)

S$438k

cash + CPF

Monthly instalment

S$5,894/mo

30y @ 3.5%

Income required

S$12,811/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around Southbank?

Key Takeaway

3,436 CEA-registered agents closed at least one recorded deal in District 7 — where Southbank sits — in the last 12 months, across all property types.

Active agents · 12mo

3,436

District 7 · closed ≥1 deal

Deals on record

12,907

all-time · all property types

Source: CEA public transaction records, attributed to District 7 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 Southbank? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about Southbank

Is Southbank freehold?

No. Southbank is on a 99-year lease that started in 2006, with about 79 years left.

How old is Southbank?

Southbank was completed (obtained TOP) in 2010, so it is about 16 years old.

Is Southbank a good investment?

Of 285 units at Southbank that were bought and later resold (bought from 2006, resold up to 2026), 97% sold for more than they were bought for, with a median gain of 33% over a median 3.1-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.9%. Units listed now ask about 5% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is Southbank an EC?

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

Who is the developer of Southbank?

Southbank was developed by KINGS & QUEENS DEVELOPMENT PTE LTD.

What is the price of a condo at Southbank?

Units at Southbank have recently sold for around S$1.75M (S$1,905 psf), the median of the last 12 URA caveats to Jul 2026. The price depends on size, floor and facing. 25 units are listed for sale from S$1.18M to S$8.00M.

Where is Southbank located?

Southbank is at 881 North Bridge Road, Singapore 198784, in Kallang (District 7). The nearest MRT station is Lavender MRT, about 226 m away.

How many units are there in Southbank?

Southbank has 197 units in 2 blocks.

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

For a unit around S$1.75M as a first home, you'd need roughly S$12,811/mo in income (assessed at the stress-test rate), with repayments near S$5,894/mo after a S$438k (25%) downpayment and S$57,100 Buyer's Stamp Duty.

Are prices at Southbank going up?

The median price per square foot at Southbank has risen about 24% between 2017 and 2026, based on URA caveats. The year-by-year figures are in the price-trend table above.