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Caspian

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

Caspian is a 99-year lease (81 yrs left) condominium development in District 22 (Jurong / Boon Lay / Tuas). It has 113 recorded private transactions. Latest sale: $2,480,000 (Oct 2026, 129 sqm, floors 11-15). Median $1,411/sqft. Prices up 29.8% over the period. 81 years lease remaining.

Latest Sale
$2,480,000
Oct 2026 · 129 sqm
Median Price
$1,411/sqft
$1,700,000 typical unit
Transactions
113
$961–$1,786 psf
Price Trend
▲ 29.8%
~5.4% a year

Where Caspian ranks in District 22

All 22 projects ›
Median psf
Top 45%
#10 / 22 Top 45%
Typical unit price
Top 27%
#6 / 22 Top 27%
Most recent sale
Top 18%
#4 / 22 Top 18%
Price growth
Top 19%
#4 / 21 Top 19%

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 +5.4%/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 $1,332 40
06-10 $1,486 30
11-15 $1,498 31
16-20 $1,430 12

Recent transactions

DateFloorType AreaPricepsf
Oct 2026 11-15 Resale 129 sqm $2,480,000 $1,786
Oct 2026 06-10 Resale 115 sqm $1,970,000 $1,591
Sep 2026 11-15 Resale 115 sqm $2,100,000 $1,696
Sep 2026 01-05 Resale 115 sqm $1,980,000 $1,600
Aug 2026 06-10 Resale 142 sqm $2,628,000 $1,719
Aug 2026 11-15 Resale 149 sqm $2,675,000 $1,668
Jul 2026 01-05 Resale 115 sqm $1,950,000 $1,575
Jun 2026 01-05 Resale 121 sqm $2,060,000 $1,582
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 93 sqm $1,560,000 $1,558
Mar 2026 16-20 Resale 165 sqm $2,850,000 $1,605
Mar 2026 11-15 Resale 130 sqm $2,338,000 $1,671
Mar 2026 11-15 Resale 113 sqm $1,975,000 $1,624
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 16-20 Resale 135 sqm $2,088,000 $1,437
Oct 2025 06-10 Resale 142 sqm $2,600,000 $1,701
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
Showing 25 of 113 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

Caspian is inside the 1 km Primary 1 priority zone for 4 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
4 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Caspian, with their median resale psf. Useful for comparing what Caspian costs per square foot against nearby developments.

More condos in District 22
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Caspian

Prices at Caspian in District 22 (Jurong / Boon Lay / Tuas) have risen sharply, up about 29.8% over the data window (around 5.4% a year). Its $1,411 psf median tracks close to the District 22 median. It has a busy transaction history, with 113 sales between 2021-11 and 2026-10, ranging from $658,888 to $2,850,000. The most recent transaction was a 129 sqm unit (floors 11-15) at $2,480,000 in Oct 2026, and the median is $1,411 psf. On Bala's Table (the SLA leasehold valuation model), the 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 $2,480,000 for a 129 sqm unit in 2026-10. The median price is $1,411 per square foot across 113 transactions, ranging from $658,888 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 $1,411 psf, with transactions ranging from $961 to $1,786 psf. This is based on 113 URA-recorded transactions in District 22.

Have prices at Caspian gone up or down?

Prices at Caspian have increased by approximately 29.8% over the data period (around 5.4% a year). The median price is currently $1,411 psf, with the most recent sale at $2,480,000 in 2026-10.