Kallang Close Residences
🚀 Target Launch & Investment Economics
Key launch milestones, land economics and transit provisions for Kallang Close Residences.
Independent Investment & Valuation Analysis
Objective algorithmic evaluation grounded in transacted URA caveats and land economics.
Kallang Close Residences is a highly anticipated prime city-fringe waterfront development by Frasers Property and Mitsubishi Estate, fronting the scenic Kallang River. Clinched in April 2026 for $610.75M ($1,415 PSF PPR) against 4 competitive bids, this ~470-unit residential haven is the first private GLS site launched in the Boon Keng / Kallang corridor in 12 years. It combines dual-line MRT connectivity (Kallang EWL and Bendemeer DTL), immediate access to the Kallang River Park Connector, and direct proximity to the multi-billion-dollar Kallang Alive sports and entertainment precinct.
Prime D12 Balanced Selection
Every star is backed by verified empirical data: 42 / 50 marks earned across 10 investment pillars (4 at full 5/5).
🧭 STRATEGIC EXIT ROADMAP Holding Horizon: Est. TOP 2031 · Indicative Resale Liquidity Window: 2033 – 2035 ▾
Extended construction runway (~5 years to TOP in 2031). Progressive Payment Scheme (PPS) requires minimal initial cash outlay (5%–10% stages in early years), deferring full mortgage servicing.
Timeline: Seller's Stamp Duty (SSD: 12% Yr 1, 8% Yr 2, 4% Yr 3) fully clears in 2028.
Dynamics: Capital commitment is staged progressively throughout construction milestones via the Progressive Payment Scheme (PPS).
Handover & Stabilization: Developer handover, key collection, and 12-month Defect Liability Period (DLP). Earliest sub-sale exit window opens after SSD clearance (2028). Initial leasing stabilization begins.
Exit Thesis: Best selling window is typically 2–4 years after key handover (2033–2035). By this time, developer defect checks are settled, facilities and landscaping are fully matured, and a proven resale price track record is established. With ~92 years of fresh lease remaining, future buyers enjoy maximum 30-year bank loans and full CPF usage without restriction.
Precinct Catalyst: Synergizes with 1,621+ HDB flats across 318 blocks within 2km reaching MOP from 2029 onwards, providing a targeted exit buyer pool.
- Surrounding D12 HDB upgraders seeking modern move-in ready facilities without enduring 3–4 years of construction wait-time.
- Young families requiring a physical address within 1km for Phase 2C primary school registration priority at Bendemeer Primary School.
- Yield-focused investors and city-fringe professionals looking for proven rental and transit connectivity near Bendemeer MRT.
Tap any prompt below to query our Project Core Team on WhatsApp for instant numbers & floorplans:
About Kallang Close Residences
Kallang Close Residences is a highly anticipated prime 99-year leasehold waterfront residential development situated along the scenic Kallang River in District 12, developed by a powerhouse joint venture between Frasers Property and Mitsubishi Estate.
Awarded under the Government Land Sales (GLS) programme on 10 April 2026 for a winning bid of $610.75 million ($1,415 PSF PPR) following a competitive 4-bid tender, the ~123,320 sq ft site represents the first private residential state land tender in the Boon Keng / Kallang Bahru corridor in over 12 years.
Residents enjoy enviable dual-line MRT connectivity, positioned within a comfortable walking radius of both Kallang MRT Station (EW10, ~450m) on the East-West Line and Bendemeer MRT Station (DT23, ~520m) on the Downtown Line. The East-West Line provides direct 4-stop access into Raffles Place and the core CBD, while the Downtown Line unlocks swift access to Marina Bay, Bugis, and the Orchard shopping corridor.
The development boasts rare, direct frontage along the Kallang River, featuring an integrated public waterfront promenade and an on-site commercial childcare centre (~500 sqm). Residents can seamlessly cycle or jog along the Kallang Park Connector Network (PCN) directly into the Singapore Sports Hub and Marina Bay.
Furthermore, the project sits adjacent to the multi-billion-dollar Kallang Alive master plan rejuvenation, bringing world-class sports facilities, the Kallang Football Hub, tennis centres, and lifestyle dining to the immediate neighbourhood.
With a land rate of $1,415 PSF PPR and an estimated developer breakeven of ~$2,350 PSF, indicative launch pricing is projected in the ~$2,750 to $2,950 PSF range. Backed by strong local upgrader demand from over 1,600 modern MOP flats in Boon Keng and Kallang, Kallang Close Residences offers compelling long-term capital preservation and high corporate tenant appeal.
Kallang Close Residences Unit Mix & Planned Blueprint
Developer's official unit tier distribution — Classic & Luxury Collections breakdown.
| Type | Size Range | From Price | Indicative PSF | Layout & Provision Notes |
|---|---|---|---|---|
| 1 Bedroom & 1 Bedroom + Study | 460 – 530 sqft | From ~$1,292,600 | Est. ~$2,810 psf | Efficient starter layouts tailored for singles, young professionals, and investors targeting high corporate rental yields near the CBD and Sports Hub |
| 2 Bedroom & 2 Bedroom + Study | 640 – 760 sqft | From ~$1,836,800 | Est. ~$2,870 psf | Functional dumbbell and open-concept layouts offering privacy and flexibility for young couples and city-fringe tenant demand |
| 3 Bedroom & 3 Bedroom + Yard | 920 – 1,150 sqft | From ~$2,695,600 | Est. ~$2,930 psf | Spacious family layouts with river-facing balconies, enclosed kitchens, and utility yards designed for multi-year family living |
| 4 Bedroom Luxury | 1,280 – 1,480 sqft | From ~$3,827,200 | Est. ~$2,990 psf | Grand master suites, private lift access for selected stacks, and panoramic views of the Kallang River and city skyline |
| 5 Bedroom Penthouse | 1,650 – 1,880 sqft | From ~$5,032,500 | Est. ~$3,050 psf | Exclusive trophy penthouse residences featuring double-volume ceilings and unblocked views over the Kallang Basin and Marina Bay |
Based on developer preliminary info kit & floorplan releases — subject to final survey and authority approval.
🎓 Primary 1 School Catchment near Kallang Close Residences (MOE 1km & 2km)
Official MOE Primary 1 registration priority zones calculated from OneMap geospatial data.
-
Bendemeer Primary School ↗ Highest Balloting Priority922m · 12 min
- 1373m · 17 min
- 1856m · 23 min
- 1870m · 23 min
- 1931m · 24 min
Other Nearby Schools & Institutions (Secondary, JC & Mixed Level)
- Bendemeer Secondary School Secondary (S1-S5) 1366m · 17 min
- Northlight School Secondary (S1-S4) 1414m · 18 min
- Geylang Methodist School (Secondary) Secondary (S1-S5) 1728m · 22 min
- St Andrew'S School (Secondary) Secondary (S1-S5) 1839m · 23 min
Singapore MOE Primary 1 registration prioritises homes within 1 km (Phase 2C Priority) and within 1–2 km (Phase 2C Supplementary). Sourced from official OneMap MOE registries.
Kallang Close Residences Location, Transit & Neighbourhood Amenities
Nearby MRT Stations
- DT23 Bendemeer ↗ 506m · 6 min
- EW10 Kallang ↗ 527m · 7 min
- NE9 Boon Keng ↗ 880m · 11 min
- DT24 Geylang Bahru ↗ 913m · 11 min
- EW11 Lavender ↗ 921m · 12 min
- NE8 Farrer Park ↗ 1422m · 18 min
Nearby Malls
- City Square Mall1473m
- Mustafa Centre1689m
- OG Albert Complex2379m
- Sim Lim Square2398m
- Bugis Junction2536m
- Bugis+2587m
Supermarkets
- Sheng Siong448m
- FairPrice686m
- Cold Storage735m
- FairPrice808m
- FairPrice969m
- FairPrice1077m
Straight-line distances, sourced from OneMap. Approximate — actual walking routes may differ.
Kallang Close Residences Master Plan & Neighbourhood Amenities Map
Kallang Close Residences, nearby MRT stations, shopping malls, and supermarkets within walking and driving distance.
Kallang Close Residences Site Plan & Resident Facilities
Legend from the developer's site plan.
- 50m Riverfront Lap Pool
- Hydrotherapy Sanctuary Pool
- Waterfront Sun Lounging Deck
- Aqua Gym & Spa Pools
- Riverfront Wellness Pavilion
- Grand Waterfront Clubhouse
- Private Dining Room with Teppanyaki Grill
- BBQ Dining Terraces
- Children's Adventure Waterplay
- Function Rooms
- Integrated Childcare Centre (~500 sqm)
- Direct River Promenade Access Gate
- Porte-Cochere & Arrival Court
- Sensory Garden Walk
- Bicycle Parking & TR25 EV Fast-Charging Bays
Kallang Close Residences Mortgage & Affordability Calculator
Indicative monthly instalment — adjust the rate to match your bank's package.
Stamp Duty & Affordability
Indicative BSD/ABSD payable and a TDSR affordability check.
Showflat viewings and layout consultations are personally conducted by the appointed Project Core Team who understand this development inside out — from stack orientations and floor plan efficiencies to developer discounts. 100% complimentary with zero agent fees.
Frequently Asked Questions about Kallang Close Residences
Key facts, pricing benchmarks, closest MRT connectivity, and Primary 1 school registration details.
What is the price and average PSF of Kallang Close Residences?
Units at Kallang Close Residences have indicative prices starting from $1,380,000. Official prices vary depending on stack, floor level, and layout configuration.
Which MRT station is closest to Kallang Close Residences?
The nearest MRT station to Kallang Close Residences is Bendemeer MRT (DT23), located approximately 506m (6 min walk) from the development.
What is the tenure and estimated TOP date for Kallang Close Residences?
Kallang Close Residences is a 99-year Leasehold Condominium development with an estimated Temporary Occupation Permit (TOP) date of 2031.
Who is the developer of Kallang Close Residences?
Kallang Close Residences is developed by Frasers Property & Mitsubishi Estate.
Which primary schools are within 1km of Kallang Close Residences?
Under Singapore MOE Primary 1 registration (Phase 2C priority), primary schools situated within the 1km radius include: Bendemeer Primary School.
Where can I get the official floor plans and e-brochure for Kallang Close Residences?
You can download the official floor plans, unit mix breakdown, and developer e-brochure directly on CondoWatch.sg via the E-Brochure request form.
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