CASAFINA Review

Condo Review 5 min read Last reviewed
District 16 · 99 yrs lease commencing from 1996 · Completed 2000
~$1,250Avg PSF (12-month)
224Total units
Category Ratings
Walkability
5.3
Investment
6.8
En-Bloc Potential
4.8
ShiokNest Score
4.8

Overview & Key Facts

CASAFINA is a 99 yrs lease commencing from 1996 condominium at BEDOK SOUTH AVENUE 1 in District 16 (OCR), developed by CAPITALAND & BOO HAN HOLDINGS PTE LTD (FAR EAST ORGANIZATION), comprising 224 units, completed in 2000.

Developer
CAPITALAND & BOO HAN HOLDINGS PTE LTD (FAR EAST ORGANIZATION)
Tenure
99 yrs lease commencing from 1996
Total units
224
TOP year
2000
District
16 — OCR
Street
BEDOK SOUTH AVENUE 1
Lease remaining
~69 years (of 99)

Location & Connectivity

CASAFINA is approximately 610m from Bayshore MRT station, with 4 stations within 1.5 km.

MRT stations near CASAFINA
StationLineDistance
BayshoreThomson-East Coast Line610m
SiglapThomson-East Coast Line960m
BedokEast-West Line1.1 km
Bedok SouthThomson-East Coast Line1.4 km

Schools & Education

14 schools within 2 km (3 within 1 km priority zone).

Schools near CASAFINA
SchoolTypeDistance
Dunman High SchoolSecondary290m
Dunman High School (JC)Jc290m
Opera Estate Primary SchoolPrimary950m
Temasek Junior CollegeJc1.1 km
Global Indian International School (GIIS East Coast)International1.1 km
East Coast Primary SchoolPrimary1.1 km
Temasek Primary SchoolPrimary1.1 km
Victoria SchoolSecondary1.3 km

Unit Mix & Pricing

Unit mix for CASAFINA
TypeSalesAvg PSFAvg Price
3 BR40$1,126 psf$1,360,977
4 BR10$1,062 psf$1,550,200
5+ BR13$1,056 psf$2,182,761

Market Position

CASAFINA has recorded 63 sales at an average price of $1,560,587.

CASAFINA sits at the 16th percentile of District 16 condo PSF.
$1,250 psf
Avg PSF (12mo)
$1,560,587
Avg Price
3.1%
Gross Yield
63
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at CASAFINA typically rent harder per dollar of purchase price:

Per-bedroom gross yield at CASAFINA
TypeAvg RentAvg PriceGross Yield
3 BR$4,253/mo$1,360,9773.75%
4 BR$5,525/mo$1,550,2004.28%

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Price Appreciation

PSF trend for CASAFINA
YearSalesAvg PSFYoY
202120$938 psf
20228$989 psf↑ 5.5%
20236$1,174 psf↑ 18.7%
20248$1,179 psf↑ 0.4%
202517$1,231 psf↑ 4.4%
20264$1,329 psf↑ 7.9%

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The latest reading marks the highest point in this series — CASAFINA prices have climbed 41.7% since 2021.

Price Index Check

The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 16 competitors
CondoTenureAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf551
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021$2,085 psf270
THE BAYSHORE99-year leasehold$1,237 psf251
THE GLADES99 yrs lease commencing from 2013$1,615 psf230

Lease Analysis

With 69 years remaining on its 99-year lease, CASAFINA still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, quiet sanctuary seekers, yield-focused investors and cpf-only buyers. At ~612m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

long-term hold (10+ yr) and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for mrt-walkable commuters — other options likely serve them better. MRT proximity is the standout commute feature for daily transit users.


Verdict

CASAFINA is a 99 yrs lease commencing from 1996 development in District 16 (OCR), with 224 units, offering a gross yield of 3.1%.

At ~$1,250 psf, it represents a competitive entry point in the OCR segment.

Explore the full CASAFINA dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing CASAFINA against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (510m away), an upgrader gap of about $900,000
  • Geylang — 4-room average $761,443 (1.3 km away), an upgrader gap of about $800,000

FAQ

What is the average PSF for CASAFINA?
The 12-month average is approximately $1,250 psf.
Is CASAFINA freehold?
CASAFINA has a 99 yrs lease commencing from 1996 tenure with ~69 years remaining.
What is the rental yield for CASAFINA?
The estimated gross yield is 3.1%.
Which MRT is nearest to CASAFINA?
The nearest is Bayshore MRT at 610m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 63 transactions
  • Rental data: 110 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of April 2026

Latest recorded data point: Apr 2026 · 63 records analysed · Source: URA private-sale caveats

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