Carabelle
Located in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town), Carabelle is a 956-year leasehold condominium in the Outside Central Region (OCR). Completed in 2009, the development comprises 338 units, on a lease that commenced in 1928. Sale and rental figures on this page are compiled from URA transaction records.
CARABELLE
Over the 12 months to May 2026, Carabelle recorded 6 resale transactions at a median $1,833 psf (median price $1,978,000), and 61 rental contracts at a median $4,800/mo, a gross rental yield of 2.9%. Source: URA caveat data, as of May 2026.
Carabelle's median of $1,833 psf over the trailing 12 months places its pricing above roughly 59% of District 5 condos; resale liquidity has been moderate with 6 caveats lodged; the 2.9% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-26 | $2,260,000 | $1,750 psf | 1,292 sqft | 06 to 10 | 3BR |
| Feb-26 | $1,800,000 | $1,900 psf | 947 sqft | 06 to 10 | 2BR |
| Nov-25 | $2,738,000 | $1,830 psf | 1,496 sqft | 01 to 05 | 4BR |
| Sep-25 | $1,620,000 | $1,835 psf | 883 sqft | 11 to 15 | 2BR |
| Sep-25 | $2,156,000 | $1,669 psf | 1,292 sqft | 01 to 05 | 3BR |
| Aug-25 | $1,630,000 | $1,847 psf | 883 sqft | 06 to 10 | 2BR |
| May-25 | $2,580,000 | $1,844 psf | 1,399 sqft | 01 to 05 | 4BR |
| May-25 | $2,580,000 | $1,858 psf | 1,389 sqft | 11 to 15 | 4BR |
Can I afford Carabelle?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,978,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.