THE CALLISTA is a 79-year balance leasehold development along MAR THOMA ROAD in District 12 (Toa Payoh / Balestier), part of the RCR segment of Singapore's private residential market. The project comprises 87 units and is TOP 2006.
This profile draws on 15 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
At roughly 20 years from TOP, THE CALLISTA is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 12 (Toa Payoh / Balestier), the immediate context for THE CALLISTA is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 15 sales and 58 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE CALLISTA dashboard.
- Average sale price: $1,334,718 across 15 transactions
- Estimated gross rental yield: 2.8%
- District 12 PSF ranking: Value tier (top 85%)
- 999 yrs lease commencing from 1882 · RCR · D12 · 87 units
About THE CALLISTA
THE CALLISTA is a 999 yrs lease commencing from 1882 condominium, located at MAR THOMA ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by EVANSVILLE INVESTMENTS PTE LTD, comprising 87 residential units, completed in 2006.
With approximately 79 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE CALLISTA:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 3 | $1,295 psf | $766,667 |
| 3 BR | 12 | $1,221 psf | $1,476,731 |
Sales Market Overview
THE CALLISTA has recorded 15 sale transactions with an average transaction price of $1,334,718, ranging from $710,000 to $1,730,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,165 psf | $1,093,333 | — |
| 2022 | 3 | $1,161 psf | $1,446,629 | ↓ 0.3% |
| 2023 | 3 | $1,234 psf | $1,606,667 | ↑ 6.2% |
| 2024 | 4 | $1,317 psf | $1,112,500 | ↑ 6.7% |
| 2025 | 2 | $1,296 psf | $1,565,444 | ↓ 1.6% |
THE CALLISTA ranks in the top 85% of condos in District 12 by average PSF.
Compared to the RCR average of $2,047 psf, THE CALLISTA trades 39.6% below the segment benchmark.
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Rental Market Overview
THE CALLISTA has recorded 58 rental transactions with monthly rents averaging $3,074/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 15 | $2,513/mo | $1,900/mo | $3,100/mo |
| 2 BR | 14 | $3,118/mo | $2,400/mo | $3,500/mo |
| 3 BR | 29 | $3,343/mo | $2,500/mo | $4,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 12 | $2,583/mo |
| 2022 | 12 | $2,763/mo |
| 2023 | 11 | $3,327/mo |
| 2024 | 9 | $3,156/mo |
| 2025 | 12 | $3,588/mo |
| 2026 | 2 | $3,050/mo |
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Investment Analysis
Based on average rents and sale prices, THE CALLISTA delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,643 psf | 304 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows THE CALLISTA (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE CALLISTA
- Potong Pasir MRT
- Boon Keng MRT
- Geylang Bahru MRT
- Bendemeer Primary School
- Bendemeer Secondary School
- Stamford Primary School
Nearby MRT Stations
THE CALLISTA is 800m from Potong Pasir MRT (North-East Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Potong Pasir | NE10 | North-East Line | 800m |
| Boon Keng | NE9 | North-East Line | 910m |
| Geylang Bahru | DT24 | Downtown Line | 1.2 km |
Nearby Schools
There are 14 schools within 2 km of THE CALLISTA, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Bendemeer Primary School | Primary | 660m |
| Bendemeer Secondary School | Secondary | 670m |
| Stamford Primary School | Primary | 900m |
| Assumption Pathway School | Secondary | 900m |
| Balestier Hill Primary School | Primary | 1.2 km |
| School of Science and Technology | Jc | 1.2 km |
| Beatty Secondary School | Secondary | 1.3 km |
| Hong Wen School | Primary | 1.3 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.3 km |
| De La Salle School | Primary | 1.5 km |
| Farrer Park Primary School | Primary | 1.7 km |
| CHIJ Our Lady Queen of Peace | Primary | 1.8 km |
Adequate lease horizon. Around 79 years of remaining lease keeps CPF eligibility intact and supports standard 30-year loan tenor for most buyer profiles. Within a 5-10 year hold, lease-decay effects are negligible; beyond that, monitor the year-60 threshold for CPF usage caps.
Walking-distance MRT. Potong Pasir is about 0.80km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 87 units, THE CALLISTA keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.
School-belt proximity. Bendemeer Primary School sits about 0.66km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Lease-decay clock to monitor. Remaining lease is comfortably above critical CPF thresholds but already in the band where 10-15 year holds materially compress the next buyer's CPF eligibility. Plan exit timing with this in mind rather than assuming open-ended hold optionality.
Thin transaction history. With only 15 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "amber",
"reason": "Lease horizon constrains long-hold optionality"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "amber",
"reason": "Plan exit timing around lease-decay thresholds"
}
]
Composite assessment: THE CALLISTA benefits from MRT proximity but the lease horizon or district position requires careful exit-timing planning. Active management of the hold matters more than passive accumulation. 15 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 5-8 years with monitored exit windows. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for THE CALLISTA?
What is the rental yield for THE CALLISTA?
Is THE CALLISTA freehold or leasehold?
How far is the nearest MRT from THE CALLISTA?
What is the tenure of THE CALLISTA?
How does THE CALLISTA compare to other projects in the district?
What stamp duty applies for a foreign buyer of THE CALLISTA?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 15 transactions analysed
- Rental data: 58 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for THE CALLISTA
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.