THE CALYPSO is a freehold development along UPPER EAST COAST ROAD in District 16 (Bedok / Upper East Coast), part of the OCR segment of Singapore's private residential market. The project comprises 30 units and is TOP 2005.
This profile draws on 6 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 21 years from TOP, THE CALYPSO 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 16 (Bedok / Upper East Coast), the immediate context for THE CALYPSO 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 6 sales and 22 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE CALYPSO dashboard.
- Average sale price: $1,341,333 across 6 transactions
- Estimated gross rental yield: 3.3%
- District 16 PSF ranking: Above average (top 33%)
- Freehold tenure · OCR · D16 · 30 units
About THE CALYPSO
THE CALYPSO is a freehold condominium, located at UPPER EAST COAST ROAD in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) (Outside Central Region), developed by NOVELTY DEPARTMENT STORE PTE LTD, comprising 30 residential units, completed in 2005.
As a freehold property, THE CALYPSO does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE CALYPSO:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 4 | $1,565 psf | $1,195,750 |
| 3 BR | 2 | $1,415 psf | $1,632,500 |
Sales Market Overview
THE CALYPSO has recorded 6 sale transactions with an average transaction price of $1,341,333, ranging from $968,000 to $1,780,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,386 psf | $1,059,000 | — |
| 2022 | 1 | $1,327 psf | $1,485,000 | ↓ 4.3% |
| 2023 | 2 | $1,589 psf | $1,530,000 | ↑ 19.8% |
| 2025 | 1 | $1,812 psf | $1,385,000 | ↑ 14.0% |
THE CALYPSO ranks in the top 33% of condos in District 16 by average PSF.
Compared to the OCR average of $1,550 psf, THE CALYPSO trades 2.3% below the segment benchmark.
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Rental Market Overview
THE CALYPSO has recorded 22 rental transactions with monthly rents averaging $3,705/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 7 | $3,343/mo | $2,800/mo | $3,700/mo |
| 3 BR | 15 | $3,873/mo | $2,400/mo | $4,600/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 3 | $2,700/mo |
| 2022 | 2 | $3,000/mo |
| 2023 | 9 | $3,872/mo |
| 2024 | 2 | $4,100/mo |
| 2025 | 5 | $4,170/mo |
| 2026 | 1 | $3,500/mo |
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Investment Analysis
Based on average rents and sale prices, THE CALYPSO delivers an estimated gross rental yield of 3.3%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 16
Side-by-side comparison against the most actively traded condos in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | — | $2,550 psf | 549 |
| VELA BAY | 99 years leasehold | — | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | 268 | $2,084 psf | 269 |
| THE BAYSHORE | 99-year leasehold | 1038 | $1,232 psf | 245 |
| THE GLADES | 99 yrs lease commencing from 2013 | 726 | $1,613 psf | 226 |
Location Map
Map shows THE CALYPSO (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE CALYPSO
- Bedok South MRT
- Bayshore MRT
- Tanah Merah MRT
- Bedok South Secondary School
- Yu Neng Primary School
- Dunman High School
Nearby MRT Stations
THE CALYPSO is 430m from Bedok South MRT (Thomson-East Coast Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Bedok South | TE30 | Thomson-East Coast Line | 430m |
| Bayshore | TE29 | Thomson-East Coast Line | 440m |
| Tanah Merah | EW4 | East-West Line | 1.4 km |
Nearby Schools
There are 16 schools within 2 km of THE CALYPSO, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Bedok South Secondary School | Secondary | 430m |
| Yu Neng Primary School | Primary | 810m |
| Dunman High School | Secondary | 900m |
| Dunman High School (JC) | Jc | 900m |
| Opera Estate Primary School | Primary | 930m |
| Bedok Green Primary School | Primary | 1.2 km |
| Bedok View Secondary School | Secondary | 1.3 km |
| Bedok North Secondary School | Secondary | 1.4 km |
| Fengshan Primary School | Primary | 1.5 km |
| Ping Yi Secondary School | Secondary | 1.8 km |
| Victoria School | Secondary | 1.9 km |
| Victoria Junior College | Jc | 1.9 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Bedok South sits about 0.43km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
Boutique character. With 30 units, THE CALYPSO 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. Bedok South Secondary School sits about 0.43km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 6 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": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"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": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: THE CALYPSO combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 6 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. 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 CALYPSO?
What is the rental yield for THE CALYPSO?
Is THE CALYPSO freehold or leasehold?
How far is the nearest MRT from THE CALYPSO?
What is the tenure of THE CALYPSO?
How does THE CALYPSO compare to other projects in the district?
What stamp duty applies for a foreign buyer of THE CALYPSO?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 6 transactions analysed
- Rental data: 22 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 CALYPSO
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.