The Callista
Mar Thoma Road · District 12 · Rest of Central Region (RCR) · 999 yrs lease commencing from 1882
The Callista is an apartment development in District 12 (RCR). Based on 12 URA-recorded transactions from 2022–2025, its median price is $1,467,500, with prices moving about 5.3%/yr.
The verdict · for an investor
The Callista · Apartment · District 12 · Leasehold
On balance, The Callista points up.
Strong track record, sitting inside Kallang – Sports Hub & riverside — the fundamentals buyers pay up for are here.
Why it's pushing up
What matters most for you
- Convenient — MRT about 17 min on foot; 12 supermarkets, 1 food & retail spot nearby.
- Rentable — steady rental demand; schools nearby keep tenants coming.
And what makes it better
- Every unit type has risen — 4-bed +16.7% since 2022.
- A Primary-1 priority school within 1km — a real family draw.
- Inside Kallang – Sports Hub & riverside — a government-committed long-term catalyst.
What's holding it back
- Its recent +5.3%/yr rode a hot cycle — don't bank on that pace repeating.
- MRT is a real walk — Potong Pasir MRT, about 17 min.
- The market's near the top of its cycle — mind your entry price.
Should I buy?
If you'll hold 5+ years and don't overpay.
Rental yield
no rent record yet
Priced vs nearby
priced under the walkable neighbours.
Independent research, not advice. A fair price still isn’t automatically a good buy — the call is always yours.
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.
What 1,302 sqft (4-bed) units go for here
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 1,302 sqft sales
What it rents for — and if that works
The rent you’d get
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
≤ $1.61M
Aim at the middle or below. A patient buyer has been getting closer to $1.56M.
If you’re selling
~$1.69M
List at the top of fair; realistic close is $1.61M–$1.63M 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?
Our blunt read: ~$1.09M 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 (~5.3%/yr), and past pace never promises the future.
Built from URA transactions for The Callista — an opinion to decide and negotiate with, never a valuation and never financial advice.
If you’re buying — the outlook
The Callista
Rest of Central Region (RCR) · District 12 · ~$1,296 psf
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 The Callista, its own prices have been flat lately. Over a 4-year hold, expect sideways-to-modest — not a big jump.
On balance, the wind is leaning to your favour.
What it means for you: At ~$1,296 psf, The Callista is priced below similar new projects nearby — good value against its peers. Its own prices are still climbing (~5.3%/yr over ~3 years). You'd also be buying near the top of the cycle, so entry price matters. So — negotiate, don't overpay, and plan to hold past the 4-year stamp-duty window before selling.
The signals behind it
Dots show how much weight each one carries.
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.
Holds prices back
The Callista's own prices have softened — about -2% in the latest year.
About neutral
The city fringe (RCR) sits in the middle of the three areas on long-run growth.
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.
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.
Supports prices
Against salaries, prices aren't expensive by past standards — people can still afford to buy.
Supports prices
Lots of new people keep moving to Singapore (non-residents up ~16% over 5 years) — steady demand for homes and rentals.
Supports prices
Not many new units are being built in this district (~777) — less new supply competing with you.
Supports prices
New launches in this district are selling well — 3 recent ones are around 95% sold, so buyer demand here is healthy right now.
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.
Holds prices back · small effect
Foreign buyers are almost gone since the 60% tax (~1.4% of buyers) — a small drag on the city fringe.
About neutral
Rents across Singapore have flattened out lately.
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.
Supports prices · small effect
The economy is growing (5% last year) and jobs are steady (1.9% unemployment) — no alarm bells.
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.
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? ~$1,296 psf is ~38% below similar nearby projects (~$2,100). good value
(The whole city fringe average is ~$1,830 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.
The Callista has grown ~5.3%/yr over ~3 years. Similar nearby: The Orie 4.9%, Eight Riversuites 4.8%, Gem Residences 3.2%, Trevista 7.9%, Verticus 2.7% — a 2.7–7.9%/yr spread (most around 4.8%).
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?
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
$1,467,500
2022–2025 (URA)
Appreciation
5.3%/yr
median trend
Gross yield
—
rental n/a
Lease
~855 yrs left
leasehold
The Callista median price per sqft, by year
Median PSF of actual URA transactions each year, with year-on-year change.
Does The Callista 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 The Callista
Questions people ask about The Callista
Is The Callista freehold or leasehold?
The Callista is on a 99-year lease that began in 1882, so about 855 years remain. It sits in District 12 (Rest of Central Region (RCR)).
How much does The Callista cost per square foot?
Recent transactions at The Callista are around $1,296 psf. Across its record, transacted prices range from $780,000 to $1,730,000.
Which primary schools are near The Callista?
Within 1 km (top Primary 1 priority): St Andrew's School (junior) (0.50 km), Bendemeer Primary School (0.70 km), Hong Wen School (0.86 km). Within 1–2 km: Pei Chun Public School, First Toa Payoh Primary School, Cedar Primary School. Distances are straight-line — the basis MOE uses for P1 priority.
Which MRT station is nearest The Callista?
The nearest MRT is Potong Pasir MRT, about 830 m away (straight-line).
Has The Callista gone up in value?
Across 12 URA-recorded transactions (2022–2025), prices at The Callista have moved about 5.3% a year on average. That is a past record, not a forecast.
What condos are comparable to The Callista?
Within a short walk: Riverbay, Beacon Heights, Regent Residences, The Arcady At Boon Keng, The Poiz Residences. These are the honest yardstick for its price and growth — closer and more alike than any whole-market average.
Is The Callista a good buy?
The Callista sits in Rest of Central Region (RCR). 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.