FreeholdRCRDistrict 8 (Kallang)

Spa Building

Reviewed by Nathan TangUpdated 10 August 2026Data through May 2007 (URA)
Quick Summary

Spa Building is a freehold apartment in District 8 (Kallang) that obtained TOP in 1986, with 10 units. Across 13 transactions on record, units have recently transacted around S$710k (S$334 psf, ~1,798 sqft).

1

What are the key facts about Spa Building?

Key Takeaway

Spa Building is a freehold apartment in District 8 (Kallang) that obtained TOP in 1986, with 10 units.

Tenure
Freehold
TOP / Completion
1986
Developer
Total units
10
Blocks
District / Area
District 8 (Kallang)
Market segment
RCR
Median PSF
S$334 psf
Last transacted
May 2007
Remaining lease
Freehold
2

What is the price and PSF at Spa Building?

Key Takeaway

Units have recently transacted around S$710k (S$334 psf), at a gross rental yield of about 5.2% (URA caveat data).

Recent median price

S$710k

recent · 13 sales on record

Median PSF

S$334 psf

recent transactions

Median rent (monthly)

S$3,057

28 rentals on record

Gross rental yield

5.2%

indicative, gross

Source: URA caveat data, through May 2007.

3

What has recently sold at Spa Building?

Key Takeaway

Spa Building has 13 recorded sales; the most recent transacted at S$720,000 in May 2007 (URA caveat data).

DatePriceSize (sqft)PSF
May 2007S$720,0001,798S$401 psf
Jul 2006S$1,010,0003,681S$274 psf
Dec 2002S$977,9003,746S$261 psf
Nov 2000S$600,0001,798S$334 psf
Dec 1999S$800,0003,746S$214 psf
Nov 1999S$746,1201,733S$431 psf
Mar 1999S$400,0001,798S$223 psf
Feb 1999S$400,0001,798S$223 psf
May 1997S$710,000893S$795 psf
Dec 1995S$720,0001,733S$415 psf
Aug 1995S$680,0001,798S$378 psf
Jun 1995S$690,0001,733S$398 psf

13 sales and 28 rentals on record since Jun 1995. Source: URA.

4

How many property agents are active around Spa Building?

Key Takeaway

3,676 CEA-registered agents closed at least one recorded deal in District 8 — where Spa Building sits — in the last 12 months, across all property types.

Active agents · 12mo

3,676

District 8 · closed ≥1 deal

Deals on record

13,173

all-time · all property types

Source: CEA public transaction records, attributed to District 8across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.

5

Where is Spa Building and what's nearby?

Key Takeaway

Spa Building is located in Kallang, in the Central Region of Singapore.

Spa Building is a freehold apartment completed in 1986. The development has 10 residential units. It sits on a land area of 894 sqm. The plot ratio is 4.2.

SPA BUILDING is located at 5 Verdun Road, Singapore 207274. It is part of District 08, Little India, Kallang. The project falls within the Central Region and the RCR market segment.

The nearest rail connection is Farrer Park MRT, approximately 340m away, around 5 minutes on foot. Nearby amenities include City Square Mall for shopping, MUSTAFA HOLDINGS PTE LTD for groceries, Berseh Food Centre for food options, and City Green for greenery and recreation.

6

Who built Spa Building and how big is the development?

Key Takeaway

Spa Building was developed by , with 10 units.

Land area
894 sqm (9,623 sqft)
Plot ratio
4.20
7

How far is Spa Building from MRT and schools?

Key Takeaway

The nearest MRT/LRT to Spa Building is Farrer Park MRT, about 340 m away (~5 min walk). 1 school is 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.

  • Farrer Park Primary SchoolPrimary schoolwithin 1 km · P1 priority627 m
  • Northlight SchoolSecondary school1.0 km
  • St. Margaret's School (Primary)Primary school1.3 km
  • Hong Wen SchoolPrimary school1.3 km
  • St. Joseph's Institution JuniorPrimary school1.4 km
  • School Of The Arts, SingaporeMixed-level school1.4 km
  • Anglo-Chinese School (Junior)Primary school1.7 km
  • Bendemeer Primary SchoolPrimary school1.7 km

Shops, food & parks

Mall: City Square Mall · 174 mSupermarket: Mustafa Holdings Pte Ltd · 38 mHawker centre: Berseh Food Centre · 319 mPark: City Green · 202 m

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

8

What does it cost to own a unit at Spa Building?

Key Takeaway

Buying a unit at Spa Building (~S$710k) needs about S$5,197/mo in income and S$2,391/mo in repayments, after S$15,900 stamp duty and a S$178k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$710k) 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$15,900

BSD, tiered

Downpayment (25%)

S$178k

cash + CPF

Monthly instalment

S$2,391/mo

30y @ 3.5%

Income required

S$5,197/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 Spa Building? Ask before you commit.

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

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

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

Ask anything about Singapore property…
9

Frequently asked questions about Spa Building

How much does a unit at Spa Building cost?

Units at Spa Building have recently transacted around S$710k (S$334 psf), from 13 sales on record (URA caveats). The exact price depends on size, floor and facing.

How much do I need to earn to buy at Spa Building?

For a unit around S$710k as a first home, you'd need roughly S$5,197/mo in income (assessed at the stress-test rate), with repayments near S$2,391/mo after a S$178k (25%) downpayment and S$15,900 Buyer's Stamp Duty.

Is Spa Building a good investment?

Gross rental yield is about 5.2%. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.

Is Spa Building freehold or leasehold?

Spa Building is freehold — ownership does not expire.

When was Spa Building built and who developed it?

Spa Building obtained TOP in 1986, with 10 units.

What is the nearest MRT to Spa Building?

The nearest MRT/LRT station to Spa Building is Farrer Park MRT, about 340 m away (~5 min walk).

Which primary schools are within 1 km of Spa Building?

Farrer Park Primary School is within 1 km of Spa Building — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.

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