PropKaki
FreeholdRCRDistrict 8 (Kallang)

Spa Building

Reviewed by Nathan TangUpdated 20 June 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. Units have recently transacted around S$710k (S$334 psf), from 13 sales on record.

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

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.

5

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.

6

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

7

Frequently asked questions about Spa Building

What is the price at Spa Building?

Units at Spa Building have recently transacted around S$710k (S$334 psf), from 13 sales on record (URA caveat data).

Is Spa Building freehold or leasehold?

Spa Building is freehold.

When was Spa Building built?

Spa Building obtained TOP in 1986.

What is the rental yield at Spa Building?

Gross rental yield at Spa Building is about 5.2%, based on median current rents and prices.

How many units are in Spa Building?

Spa Building has 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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