FreeholdRCRDistrict 8 (Kallang)

Spa Building

Reviewed by Nathan TangUpdated 24 September 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$720k (S$334 psf, ~1,798 sqft).

Key facts about Spa Building
TenureFreehold
TOP year1986
Units10
District and areaDistrict 8 · Kallang · RCR
Nearest MRTFarrer Park MRT, 340 m (~5 min walk)
Latest median psfS$334 psf, last 12 URA caveats to May 2007
1

What's for sale and for rent at Spa Building?

Key Takeaway

No units at Spa Building 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 Spa Building?

Key Takeaway

Floor plans for Spa Building aren't in PropKaki's library yet. Across 13 URA caveats, units range from 893 sqft to 3,746 sqft, and the middle half are 1,733 sqft to 1,798 sqft.

3

What is the price and PSF at Spa Building?

Key Takeaway

Units have recently transacted around S$720k (S$334 psf), at a gross rental yield of about 5.1% (URA caveat data).

Recent median price

S$720k

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

5.1%

indicative, gross

Source: URA caveat data, through May 2007.

4

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$770,0001,798S$428 psf

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

5

Is Spa Building a good investment?

Key Takeaway

Spa Building has only 5 resales on record, too few to judge on its own. Across District 8, 90% of 4,242 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before costs). Its gross rental yield is about 5.1%. Past resale results don't predict future returns, and this is not financial advice.

District 8 sold for more

90%

of 4,242 private resales

Median gain

30%

gross, before costs

Median hold

5.1 years

bought to resold

Spa Building has fewer than 10 matched resales, so the figures are for District 8 as a whole. Check the odds for your unit size and holding period →

6

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.

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

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
9

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

Key Takeaway

Buying a unit at Spa Building (~S$720k) needs about S$5,271/mo in income and S$2,425/mo in repayments, after S$16,200 stamp duty and a S$180k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$720k) 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$16,200

BSD, tiered

Downpayment (25%)

S$180k

cash + CPF

Monthly instalment

S$2,425/mo

30y @ 3.5%

Income required

S$5,271/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

10

How many property agents are active around Spa Building?

Key Takeaway

3,678 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

3,678

District 8 · closed ≥1 deal

Deals on record

13,194

all-time · all property types

Source: CEA public transaction records, attributed to District 8 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 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…
11

Frequently asked questions about Spa Building

Is Spa Building freehold?

Yes. Spa Building is freehold, so ownership does not run out.

How old is Spa Building?

Spa Building was completed (obtained TOP) in 1986, so it is about 40 years old.

Is Spa Building a good investment?

Spa Building has only 5 resales on record, too few to judge on its own. Across District 8, 90% of 4,242 private homes that were bought and later resold sold for more than they were bought for, with a median gain of 30% over a median 5.1-year hold (URA caveats, before costs). Its gross rental yield is about 5.1%. Past resale results don't predict future returns, and this is not financial advice.

Is Spa Building an EC?

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

What is the price of a condo at Spa Building?

Units at Spa Building have recently sold for around S$720k (S$334 psf), the median of the last 12 URA caveats to May 2007. The price depends on size, floor and facing.

Where is Spa Building located?

Spa Building is at 5 Verdun Road, Singapore 207274, in Kallang (District 8). The nearest MRT station is Farrer Park MRT, about 340 m away.

How many units are there in Spa Building?

Spa Building has 10 units.

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

For a unit around S$720k as a first home, you'd need roughly S$5,271/mo in income (assessed at the stress-test rate), with repayments near S$2,425/mo after a S$180k (25%) downpayment and S$16,200 Buyer's Stamp Duty.

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 get priority in Primary 1 (P1) registration.