Calarasi

Apartment · in Novena, District 12, Singapore · Freehold · Completed 2004

Data through 18 September 2026

Calarasi property photo and location

Intro: Calarasi offers a collection of 31 freehold apartments in Balestier that prioritizes spacious, large-format layouts over a dense facility count 🏠.
Good to know: Located within one kilometer of Hong Wen School 🏫; Features a boutique scale with only 31 total units; Completed in 2004 with a focus on large three-bedroom floor plans.
Practical note: While the units are generously sized, residents will need to account for a walk of about 15 minutes to reach Boon Keng MRT station 🚶.

D12RCRCentralNovena

REALSCOREⓘ

Profitability rank across Singapore

2.5

Annual Returns

Avg annualized profit (past 1y)

4.7%

< 1km

MRT Station

Near

$1M+ HDB

> 1K

MOPs in Town

Mega

Development

< 10y

Property Age

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

Calarasi project details

Street

Kim Keat Lane

Property Type

Apartment

Completion

2004

Total Units

Plot Ratio

2.8

Unit Size

1,033 - 2,443 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near Calarasi

Boon Keng892 m MRTNE9

See details on nearby stations

Primary schools near Calarasi

Hong Wen School414 m
Bendemeer Primary School1,000 m
Chij Primary (Toa Payoh)1,000 m

See details on nearby schools

Calarasi price, PSF and transaction trends

49%

HDB Buyers

$142.9M+

Total Transacted

01-09-2001

First Transacted

18-09-2026

Last Transacted

161

Total Transactions

Calarasi transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for Calarasi, the median price was S$1,525,000 and the median PSF was S$1,276 psf. The newest record shown is from 18 September 2026. The annual project median was 45.4% higher in 2026 than in 2018; unit mix can affect year-to-year comparisons.

Recent Calarasi transactions

Date	Sale type	Price	PSF	Size
18 September 2026	Resale	S$1,850,000	S$1,535 psf	1,206 sqft
19 February 2026	Resale	S$1,828,000	S$1,490 psf	1,227 sqft
6 November 2025	Resale	S$1,725,000	S$1,526 psf	1,130 sqft
7 March 2025	Resale	S$1,750,000	S$1,478 psf	1,184 sqft
7 May 2024	Resale	S$1,660,000	S$1,402 psf	1,184 sqft

Calarasi median transaction PSF (S$)

Calarasi annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$1,839,000	S$1,512 psf	2
2025	S$1,737,500	S$1,502 psf	2
2024	S$1,660,000	S$1,402 psf	1
2023	S$1,650,000	S$1,394 psf	1
2021	S$1,400,000	S$1,141 psf	1
2020	S$1,310,000	S$1,095 psf	5
2019	S$1,967,500	S$1,074 psf	2
2018	S$1,250,000	S$1,040 psf	5

90.6%

% Profitable

Profitable

Unprofitable

> 6% Annualized

8.0 yrs

Avg Holding

$24.9M

Total Profits

Calarasi annualized profit %

View full details

Calarasi rental prices and estimated yield

Past 1 month

$3.55

Avg PSF Rental

No. of Rentals

2.8%

Est. Rental Yield

Among the latest 12 recorded rental contracts for Calarasi, the median monthly rent was S$4,500, with records ranging from S$1,650 to S$4,800.

Recent Calarasi rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	3 BR	S$4,800	S$4 psf	1100-1200
1 July 2026	3 BR	S$4,650	S$4 psf	1100-1200
1 July 2026	3 BR	S$4,500	S$4 psf	1100-1200
1 June 2026	3 BR	S$3,000	S$3 psf	1100-1200
1 June 2026	3 BR	S$4,400	S$4 psf	1100-1200

Calarasi rental volume

View full details

Frequently asked questions about Calarasi

How much do units at Calarasi cost?

The latest 12 recorded sales show a median price of S$1,525,000 and a median of S$1,276 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at Calarasi?

The latest recorded median monthly rent is S$4,500 and the estimated rental yield based on the past six months is 2.8%. Rental yield is indicative and can vary by unit and costs.

Is Calarasi freehold or leasehold?

Calarasi has a tenure of Freehold.

When was Calarasi completed?

Calarasi was completed in 2004 and the project has 31 units.

Which MRT or LRT station is nearest to Calarasi?

Boon Keng is the nearest station shown, at an estimated straight-line distance of 892 metres.

Which primary schools are near Calarasi?

The primary schools shown within the page’s one-kilometre search are Hong Wen School (414 m), Bendemeer Primary School (1,000 m), and Chij Primary (Toa Payoh) (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 18 September 2026. Figures are indicative and do not constitute financial advice.