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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 118 recorded private transactions. Latest sale: $2,060,000 (Jun 2026, 121 sqm, floors 01-05). Median $1,364/sqft. Prices up 32% over the period. 81 years lease remaining.

Latest Sale
$2,060,000
Jun 2026 · 121 sqm
Median Price
$1,364/sqft
$1,628,500 typical unit
Transactions
118
$961–$1,701 psf
Price Trend
▲ 32%
~5.8% a year

Where Caspian ranks in District 22

All 22 projects ›
Median psf
Top 41%
#9 / 22 Top 41%
Typical unit price
Top 27%
#6 / 22 Top 27%
Most recent sale
Top 23%
#5 / 22 Top 23%
Price growth
Top 41%
#9 / 22 Top 41%

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 +5.8%/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 $1,303 40
06-10 $1,365 34
11-15 $1,372 32
16-20 $1,430 12

Recent transactions

DateFloorType AreaPricepsf
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 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 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 06-10 Resale 129 sqm $2,330,000 $1,678
Jun 2025 16-20 Resale 135 sqm $2,050,000 $1,411
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
Showing 25 of 118 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 32% over the data window (around 5.8% a year). Its $1,364 psf median runs about 9% above the District 22 median, ahead of around 64% of projects there. It has a busy transaction history, with 118 sales between 2021-07 and 2026-06, ranging from $625,000 to $2,850,000. The most recent transaction was a 121 sqm unit (floors 01-05) at $2,060,000 in Jun 2026, and the median is $1,364 psf. Higher floors carry a premium, with the 16-20 band about 10% per square foot above the 01-05 band. 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 $2,060,000 for a 121 sqm unit in 2026-06. The median price is $1,364 per square foot across 118 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 $1,364 psf, with transactions ranging from $961 to $1,701 psf. This is based on 118 URA-recorded transactions in District 22.

Have prices at Caspian gone up or down?

Prices at Caspian have increased by approximately 32% over the data period (around 5.8% a year). The median price is currently $1,364 psf, with the most recent sale at $2,060,000 in 2026-06.