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Caspian

Condominium · District 22 (Jurong / Boon Lay / Tuas) · Outside Central Region · 99-year lease (81 yrs left) · Updated Jun 2026

Caspian is a 99-year lease (81 yrs left) condominium development in District 22 (Jurong / Boon Lay / Tuas). It has 117 recorded private transactions. Latest sale: $2,055,000 (Jun 2026, 138 sqm, floors 01-05). Median $1,359/sqft. Prices up 32.5% over the period. 81 years lease remaining.

Latest Sale
$2,055,000
Jun 2026 · 138 sqm
Median Price
$1,359/sqft
$1,624,000 typical unit
Transactions
117
$961–$1,701 psf
Price Trend
▲ 32.5%
~5.9% a year

Where Caspian ranks in District 22

All 22 projects ›
Median psf
#9 / 22
Typical unit price
#6 / 22
Most recent sale
#6 / 22
Price growth
#8 / 22

Median psf over time

Estimate a unit at Caspian

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +5.9%/yr
Lease decay −0.23%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

81 yrs
Remaining lease
0.23%
Annual decay (Bala's Table)
2008
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.23% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $1,293 39
06-10 $1,365 34
11-15 $1,372 32
16-20 $1,430 12

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 01-05 Resale 138 sqm $2,055,000 $1,383
Jun 2026 06-10 Resale 93 sqm $1,635,000 $1,633
May 2026 16-20 Resale 115 sqm $2,000,000 $1,616
Mar 2026 11-15 Resale 130 sqm $2,338,000 $1,671
Mar 2026 11-15 Resale 113 sqm $1,975,000 $1,624
Mar 2026 11-15 Resale 93 sqm $1,560,000 $1,558
Mar 2026 16-20 Resale 165 sqm $2,850,000 $1,605
Feb 2026 06-10 Resale 130 sqm $2,315,000 $1,654
Dec 2025 11-15 Resale 148 sqm $2,580,000 $1,620
Nov 2025 11-15 Resale 113 sqm $1,970,000 $1,620
Oct 2025 06-10 Resale 142 sqm $2,600,000 $1,701
Oct 2025 16-20 Resale 135 sqm $2,088,000 $1,437
Aug 2025 06-10 Resale 121 sqm $2,000,000 $1,536
Aug 2025 01-05 Resale 115 sqm $1,870,000 $1,511
Jul 2025 06-10 Resale 93 sqm $1,520,000 $1,518
Jun 2025 16-20 Resale 135 sqm $2,050,000 $1,411
Jun 2025 06-10 Resale 129 sqm $2,330,000 $1,678
May 2025 11-15 Resale 87 sqm $1,500,000 $1,602
May 2025 01-05 Resale 111 sqm $1,800,000 $1,507
May 2025 11-15 Resale 129 sqm $2,360,000 $1,700
Apr 2025 11-15 Resale 106 sqm $1,800,000 $1,578
Apr 2025 06-10 Resale 93 sqm $1,565,000 $1,563
Apr 2025 01-05 Resale 93 sqm $1,528,000 $1,526
Mar 2025 11-15 Resale 130 sqm $2,250,000 $1,608
Feb 2025 06-10 Resale 112 sqm $1,800,000 $1,493
Showing 25 of 117 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About Caspian

Caspian is a 99-year leasehold development with its lease commencing in 2008 and about 81 years remaining in District 22 (Jurong / Boon Lay / Tuas), within the Outside Central Region of Singapore. It is among the more actively traded condominium developments in the area, with 117 recorded transactions between 2021-07 and 2026-06, ranging from $625,000 to $2,850,000. The most recent transaction was a 138 sqm unit (floors 01-05) sold for $2,055,000 in 2026-06, and the median price is $1,359 per square foot. Prices here have risen sharply, by about 32.5% over the period (around 5.9% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 81 years remaining is 0.9384, an annual lease decay of about 0.23%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at Caspian cost?

The most recent transaction at Caspian was $2,055,000 for a 138 sqm unit in 2026-06. The median price is $1,359 per square foot across 117 transactions, ranging from $625,000 to $2,850,000. Data sourced from URA.

Is Caspian freehold or leasehold?

Caspian is on a 99-year lease commencing in 2008, with approximately 81 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.23%.

What is the price per square foot (psf) at Caspian?

The median price at Caspian is $1,359 psf, with transactions ranging from $961 to $1,701 psf. This is based on 117 URA-recorded transactions in District 22.

Have prices at Caspian gone up or down?

Prices at Caspian have increased by approximately 32.5% over the data period (around 5.9% a year). The median price is currently $1,359 psf, with the most recent sale at $2,055,000 in 2026-06.