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Kassia

Flora Drive · District 17 · Outside Central Region (OCR) · Freehold

Kassia is a condominium development in District 17 (OCR). Based on 228 URA-recorded transactions from 20242026, its median price is $1,350,000, with prices moving about 0.9%/yr.

The verdict · for an investor

Kassia · Condominium · District 17 · Freehold

Kassia is a mixed picture — a real case, with real caveats.

There's a genuine case here, but weigh the caveats below before you commit — the fundamentals and the record don't all point the same way.

HeadwindsMixedTailwinds

Why it's pushing up

What matters most for you

  • ConvenientMRT about 21 min on foot; 4 supermarkets nearby.
  • Rentablesteady rental demand; schools nearby keep tenants coming.

And what makes it better

  • Every unit type has risen — 3-bed +8.6%, 4-bed +2.5%, 2-bed +1.8% since 2024.
  • A Primary-1 priority school within 1km — a real family draw.

What's holding it back

  • MRT is a real walk — Tampines East MRT, about 21 min.
  • The market's near the top of its cycle — mind your entry price.
  • Larger units — entry starts around $1.93M, not an easy first step.

Should I buy?

A mixed picture

There's a case — weigh the caveats first.

Rental yield

no rent record yet

Priced vs nearby

Priciest nearby

you pay for the fresh lease and the spot.

See if it fits my budget →

Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.

The priceIs my price fair?

Pick your exact unit — then check your price

Your unit’s exact size

Every real size that has sold here (URA caveats). Pick yours — or the closest.

~$2,062/sqft
72 sold here

What 657 sqft (2-bed) units go for here

$1.27Mmiddle ~$1.35M$1.44M

The price they’re asking

Type the price they’re quoting — we’ll judge it against what this exact size really sold for. No opinion until you do.

Recent 657 sqft sales

Nov 2024657 sqft · fl 01-05$1.40M$2,132 psf
Sep 2024657 sqft · fl 01-05$1.38M$2,099 psf
Sep 2024657 sqft · fl 01-05$1.33M$2,029 psf
The rentWhat would it earn?

What it rents for — and if that works

Not yet renting here — so we’ve estimated from what comparable condos nearby rent for (~$3.46 psf/mo). Change it if you know better.

The rent you’d get

/mo
2.0% gross yield
Thina home to live in, not a rental earner — you're banking on price growth, not the rent. At a typical 75% loan, the rent covers ~48% of the mortgage — you’d top up ~$2,500/mo from your pocket.
Our readSo what should I do?

The price to fight for — and the endgame

No agent, no listing, no one paying us — so we’ll say it plainly, whichever side of the table you’re on, for the size you picked.

If you’re buying

$1.35M

Aim at the middle or below. A patient buyer has been getting closer to $1.31M.

If you’re selling

~$1.41M

List at the top of fair; realistic close is $1.35M–$1.37M unless it’s a high floor.

Why no rush either way: Seller’s Stamp Duty means a buyer can’t sell penalty-free for ~4 years — so you’re holding regardless. That’s your leverage to negotiate down now, not overpay.

The reality check — does the gain even make sense?

Likely worth then$1.48M
Paper gain+$0.13M

Our blunt read: ~$127k over 10 years at this project’s own pace. It works — but forward from a cycle top, treat it as a maybe, not a promise. This is our own POV, not a forecast — the pace is the project’s own (~0.9%/yr), and past pace never promises the future.

Built from URA transactions for Kassia — an opinion to decide and negotiate with, never a valuation and never financial advice.

If you’re buying — the outlook

Kassia

Outside Central Region (OCR) · District 17

Prices are near the top of the cycle, and the government is still cooling it — but cheap loans and steady immigration are holding them up. For Kassia, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.

◀ HeadwindsTailwinds ▶

On balance, the wind is leaning to your favour.

!

What it means for you: At ~$2,076 psf, Kassia is priced a bit above similar new projects nearby (~56% up) — you're paying a premium. But its own prices have gone flat (~0.9%/yr over ~2 years). You'd also be buying near the top of the cycle, so entry price matters. So — push hard on price — this is a buyer's situation. If the seller won't move, walk; there's no rush.

The signals behind it

Dots show how much weight each one carries.

Where we are in the cycle

Holds prices back

Prices are near the top — up 33% in 5 years, well above the 4.6%/year long-run pace. Less room left to climb.

This project (Kassia)

About neutral

Not enough recent sales at this project to read its own trend.

Your area vs the rest

Holds prices back

The suburbs (OCR) grew fastest since 2004 — a lot of that gain is already in, so there's more risk it cools from here.

Government cooling measures

Holds prices back

The government is still cooling the market — the latest was SSD back to 4 years at 16/12/8/4% (2025). That caps how fast prices can run.

Home-loan rates

Supports prices

Loan rates are cheap right now (~1.08%) and falling. Easy to carry — which supports prices, but also means more buyers competing with you.

Prices vs salaries

Supports prices

Against salaries, prices aren't expensive by past standards — people can still afford to buy.

New people moving in

Supports prices

Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.

New supply nearby

About neutral

A moderate amount of new supply is coming to this district (~1,024 units, from 2028).

1.0k units
New launches selling

Supports prices

New launches in this district are selling well — 2 recent ones are around 83% sold, so buyer demand here is healthy right now.

83% sold
New land being released

Holds prices back · small effect

The government keeps releasing a lot of new land (~9,200 units this half-year) — more future supply that can weigh on prices years down the road.

Foreign buyers

About neutral · small effect

Foreign buyers are almost gone since the 60% tax (~1.4% of buyers), but the suburbs never leaned on them — so it barely affects you here.

1.4% foreign
Rents (Singapore-wide)

About neutral

Rents across Singapore have flattened out lately.

Money ready to spend

Supports prices · small effect

There's more CPF money sitting ready to put toward a home than a few years back — a small support in the background.

The wider economy

Supports prices · small effect

The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.

Building costs

Supports prices · small effect

Building costs are high (up ~39% since 2010) and still creeping up — developers can't build cheap, which puts a floor under new-launch prices.

Supports pricesHolds prices backNeutral

Built from real public data (URA price index back to 1975, plus rates, immigration, rents, the economy). It prepares you — it never promises a price.

How far could it go — and when?

Is the price high? ~$2,076 psf is ~56% above similar nearby projects (~$1,332). a bit high

(The whole suburbs average is ~$1,534 psf — but that lumps in older stock, so we compare like with like, not against that.)

What’s realistic here? Its own record and its real neighbours — not the market.

Kassia has grown ~0.9%/yr over ~2 years. Similar nearby: The Jovell 0.7%, Hedges Park Condominium 5.6%, The Inflora 4%, Parc Komo 1.1%, Parc Olympia 5.6% — a 0.75.6%/yr spread (most around 4%).

market ~4.6%
Kassia 0.9%
0%/yr4%8%/yr

You can’t sell for ~4 years without a penalty. Seller’s Stamp Duty is 16/12/8/4% in years 1–4, then 0% — so the honest question is what happens from year 4 on.

What price per sqft are you hoping to sell at one day?

$psf
Unlikely at this pace
Sell earliest (yr 4):at its own ~0.9%/yr, ~$2,152/sqft by year 4 — still short of $2,400.
Likely hits it:beyond ~year 12 even at its own pace — a real stretch.
Best case:if it ran like its best neighbour (Hedges Park Condominium, ~5.6%/yr), about year 3.

Our own read, not financial advice. We don’t predict a price — we show what your target would need, and when, against what this project and its real neighbours have actually done.

Median price

$1,350,000

2024–2026 (URA)

Appreciation

0.9%/yr

median trend

Gross yield

rental n/a

Lease

Freehold

Kassia median price per sqft, by year

2024$2,064 psf
2025$2,070 psf+0.3%
2026$2,072 psf+0.1%

Median PSF of actual URA transactions each year, with year-on-year change.

Does Kassia fit your budget?

GrowKaki models the real take-home — net of stamp duty, agent fee, mortgage interest and CPF — for the exact unit your budget reaches, then hands you to an agent when you’re ready.

Plan your purchase →

Units for sale at Kassia

Questions people ask about Kassia

Is Kassia freehold or leasehold?

Kassia is a freehold development in District 17 (Outside Central Region (OCR)). Freehold means there is no lease running down.

How much does Kassia cost per square foot?

Recent transactions at Kassia are around $2,072 psf — a new-launch price. Across its record, transacted prices range from $883,000 to $2,751,000.

Which primary schools are near Kassia?

Within 1 km (top Primary 1 priority): East Spring Primary School (0.65 km). Within 1–2 km: White Sands Primary School, Pasir Ris Primary School, Chongzheng Primary School. Distances are straight-line — the basis MOE uses for P1 priority.

Which MRT station is nearest Kassia?

The nearest MRT is Tampines East MRT, about 1.1 km away (straight-line).

Has Kassia gone up in value?

Across 228 URA-recorded transactions (2024–2026), prices at Kassia have moved about 0.9% a year on average. That is a past record, not a forecast.

What condos are comparable to Kassia?

Within a short walk: The Jovell, The Inflora, Ferraria Park Condominium, Palm Isles, Edelweiss Park Condominium. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.

Is Kassia a good buy?

Kassia sits in Outside Central Region (OCR). Whether it is right for you depends on your budget, purpose and holding period — GrowKaki models the net take-home after stamp duty, agent fee and CPF. This is independent research, not advice, and a fair price is not automatically a good buy.

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