FreeholdOCRDistrict 16 (Bedok)

The Calypso

Reviewed by Nathan TangUpdated 24 September 2026Data through May 2025 (URA)
Quick Summary

The Calypso is a freehold apartment in District 16 (Bedok) that obtained TOP in 2005, with 30 units across 2 blocks. Across 58 transactions on record, units have recently transacted around S$1.36M (S$1,117 psf, ~1,119 sqft). There are 8 units for sale from S$2.30M to S$2.50M.

Key facts about The Calypso
TenureFreehold
TOP year2005
DeveloperNOVELTY DEPARTMENT STORE PTE LTD
Units30 in 2 blocks
District and areaDistrict 16 · Bedok · OCR
Nearest MRTBayshore MRT, 259 m (~4 min walk)
Latest median psfS$1,117 psf, last 12 URA caveats to May 2025
1

What's for sale and for rent at The Calypso?

Key Takeaway

The Calypso has 8 units listed for sale, asking S$2.30M to S$2.50M (median S$2,254 psf), and 3 units for rent at a median of S$4,800 a month.

For sale

8 listings

S$2.30M – S$2.50M

For rent

3 listings

S$4,800 – S$4,800 a month

BedroomsFor saleAsking priceMedian PSF
3-bedroom8S$2.30M–S$2.50MS$2,254 psf

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

2

What are the floor plans and unit sizes at The Calypso?

Key Takeaway

Floor plans for The Calypso aren't in PropKaki's library yet. Across 58 URA caveats, units range from 764 sqft to 2,293 sqft, and the middle half are 764 sqft to 1,259 sqft.

Unit typeSizes listed for saleAsking from
3-bedroom1,109 sqft to 1,119 sqftS$2.30M · S$2,254 psf

Check the Floor Plan Finder for The Calypso →

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

3

What is the price and PSF at The Calypso?

Key Takeaway

Units have recently transacted around S$1.36M (S$1,117 psf), at a gross rental yield of about 2.6% (URA caveat data).

Recent median price

S$1.36M

recent · 58 sales on record

Median PSF

S$1,117 psf

recent transactions

Median rent (monthly)

S$2,921

94 rentals on record

Gross rental yield

2.6%

indicative, gross

Units currently for sale are asking a median of S$2,254 psf — about 102% above the most recent transacted PSF.

Source: URA caveat data, through May 2025.

4

What has recently sold at The Calypso?

Key Takeaway

The Calypso has 58 recorded sales; the most recent transacted at S$1,385,000 in May 2025 (URA caveat data).

DatePriceSize (sqft)PSF
May 2025S$1,385,000764S$1,812 psf
Aug 2023S$1,280,000764S$1,675 psf
Jul 2023S$1,780,0001,184S$1,503 psf
May 2022S$1,485,0001,119S$1,327 psf
Nov 2021S$1,150,000764S$1,505 psf
Apr 2021S$968,000764S$1,267 psf
Nov 2020S$1,407,0001,259S$1,117 psf
Feb 2020S$1,385,0001,259S$1,100 psf
Nov 2019S$810,000764S$1,060 psf
Apr 2018S$1,360,0001,324S$1,027 psf
Dec 2013S$1,190,0001,119S$1,063 psf
Nov 2013S$1,400,0001,259S$1,112 psf

58 sales and 94 rentals on record since Jul 2003. Source: URA.

5

Are prices at The Calypso rising?

Key Takeaway

The median transacted PSF at The Calypso has risen 131% over the past 20 years (20032023), from S$650 psf to S$1,503 psf (URA caveats).

YearMedian PSFMedian priceSalesYoY
2023S$1,503 psfS$1.28M2+18.6%
2021S$1,267 psfS$968k2+15.2%
2020S$1,100 psfS$1.39M2-1.1%
2013S$1,112 psfS$1.19M5+15.2%
2012S$965 psfS$1.08M2-8.4%
2011S$1,053 psfS$808k3+39.5%
2010S$755 psfS$920k2-11.3%
2009S$851 psfS$705k3+20.9%
2007S$704 psfS$820k6+8.3%
2003S$650 psfS$699k24

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

6

Is The Calypso a good investment?

Key Takeaway

Of 30 units at The Calypso that were bought and later resold (bought from 2003, resold up to 2025), 93% sold for more than they were bought for, with a median gain of 32% over a median 5.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 102% 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

93%

of 30 resales here

Median gain

32%

gross, before costs

Median hold

5.3 years

bought to resold

Every unit at The Calypso 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 The Calypso and what's nearby?

Key Takeaway

The Calypso is located in Bedok, in the East Region of Singapore.

The Calypso is a freehold apartment completed in 2005. It was developed by NOVELTY DEPARTMENT STORE PTE LTD. The development has 30 residential units. It sits on a land area of 1,791 sqm and has a gross floor area of 2,507 sqm. The plot ratio is 1.4.

THE CALYPSO is located at 500 Upper East Coast Road, Singapore 465540. It is part of District 16, Bedok / Upper East Coast, Bedok. The project falls within the East Region and the OCR market segment.

The nearest rail connection is Bayshore MRT, approximately 259m away, around 4 minutes on foot. Nearby amenities include East Village for shopping, GOLDEN TICKET SINGAPORE PTE. LTD. for groceries, and Lucky Gardens Pg for greenery and recreation. Facilities in the development include Barbeque Area, Fun pool, Playground, Swimming pool, and Wading pool.

8

How far is The Calypso from MRT and schools?

Key Takeaway

The nearest MRT/LRT to The Calypso is Bayshore MRT, about 259 m away (~4 min walk). 3 schools are 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.

  • Temasek Primary SchoolPrimary schoolwithin 1 km · P1 priority373 m
  • Temasek Secondary SchoolSecondary schoolwithin 1 km476 m
  • Bedok View Secondary SchoolSecondary schoolwithin 1 km996 m
  • Bedok Green Primary SchoolPrimary school1.1 km
  • Bedok South Secondary SchoolSecondary school1.4 km
  • Anglican High SchoolSecondary school1.8 km
  • Victoria SchoolSecondary school1.9 km

Shops, food & parks

Mall: East Village · 1.9 kmSupermarket: Golden Ticket Singapore Pte. Ltd. · 811 mPark: Lucky Gardens Pg · 503 m

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

9

Who built The Calypso and how big is the development?

Key Takeaway

The Calypso was developed by NOVELTY DEPARTMENT STORE PTE LTD, with 30 units over up to 5 storeys.

Developer
NOVELTY DEPARTMENT STORE PTE LTD
Floors
5 storeys
Blocks
2
Land area
1,791 sqm (19,278 sqft)
Gross floor area
2,507 sqm (26,985 sqft)
Plot ratio
1.40
10

What facilities does The Calypso have?

Key Takeaway

The Calypso has 5 facilities, including Barbeque Area, Fun pool, Playground, Swimming pool, and more.

Barbeque AreaFun poolPlaygroundSwimming poolWading pool
11

What does it cost to own a unit at The Calypso?

Key Takeaway

Buying a unit at The Calypso (~S$1.36M) needs about S$9,956/mo in income and S$4,580/mo in repayments, after S$39,000 stamp duty and a S$340k downpayment.

Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.36M) 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$39,000

BSD, tiered

Downpayment (25%)

S$340k

cash + CPF

Monthly instalment

S$4,580/mo

30y @ 3.5%

Income required

S$9,956/mo

TDSR @ stress rate

Read how to tell if a condo is profitable →

12

How many property agents are active around The Calypso?

Key Takeaway

7,518 CEA-registered agents closed at least one recorded deal in District 16 — where The Calypso sits — in the last 12 months, across all property types.

Active agents · 12mo

7,518

District 16 · closed ≥1 deal

Deals on record

34,135

all-time · all property types

Source: CEA public transaction records, attributed to District 16 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 The Calypso? Ask before you commit.

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

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

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

Ask anything about Singapore property…
13

Frequently asked questions about The Calypso

Is The Calypso freehold?

Yes. The Calypso is freehold, so ownership does not run out.

How old is The Calypso?

The Calypso was completed (obtained TOP) in 2005, so it is about 21 years old.

Is The Calypso a good investment?

Of 30 units at The Calypso that were bought and later resold (bought from 2003, resold up to 2025), 93% sold for more than they were bought for, with a median gain of 32% over a median 5.3-year hold (URA caveats, before stamp duty, agent fees and interest). Its gross rental yield is about 2.6%. Units listed now ask about 102% more per square foot than recent sales. Past resale results don't predict future returns, and this is not financial advice.

Is The Calypso an EC?

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

Who is the developer of The Calypso?

The Calypso was developed by NOVELTY DEPARTMENT STORE PTE LTD.

What is the price of a condo at The Calypso?

Units at The Calypso have recently sold for around S$1.36M (S$1,117 psf), the median of the last 12 URA caveats to May 2025. The price depends on size, floor and facing. 8 units are listed for sale from S$2.30M to S$2.50M.

Where is The Calypso located?

The Calypso is at 500 Upper East Coast Road, Singapore 465540, in Bedok (District 16). The nearest MRT station is Bayshore MRT, about 259 m away.

How many units are there in The Calypso?

The Calypso has 30 units in 2 blocks, up to 5 storeys high.

How much do I need to earn to buy at The Calypso?

For a unit around S$1.36M as a first home, you'd need roughly S$9,956/mo in income (assessed at the stress-test rate), with repayments near S$4,580/mo after a S$340k (25%) downpayment and S$39,000 Buyer's Stamp Duty.

Are prices at The Calypso going up?

The median price per square foot at The Calypso has risen about 131% between 2003 and 2023, based on URA caveats. The year-by-year figures are in the price-trend table above.

Which primary schools are within 1 km of The Calypso?

Temasek Primary School is within 1 km of The Calypso. Homes within 1 km of a primary school get priority in Primary 1 (P1) registration.