Overview & Key Facts
THE CALYPSO is a freehold condominium at UPPER EAST COAST ROAD in District 16 (OCR), developed by NOVELTY DEPARTMENT STORE PTE LTD, comprising 30 units, completed in 2005.
Location & Connectivity
THE CALYPSO is approximately 430m from Bedok South MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Bedok South | Thomson-East Coast Line | 430m |
| Bayshore | Thomson-East Coast Line | 440m |
| Tanah Merah | East-West Line | 1.4 km |
Schools & Education
16 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Bedok South Secondary School | Secondary | 430m |
| Yu Neng Primary School | Primary | 810m |
| Dunman High School | Secondary | 900m |
| Dunman High School (JC) | Jc | 900m |
| Opera Estate Primary School | Primary | 930m |
| Bedok Green Primary School | Primary | 1.2 km |
| Bedok View Secondary School | Secondary | 1.3 km |
| Bedok North Secondary School | Secondary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 4 | $1,565 psf | $1,195,750 |
| 3 BR | 2 | $1,415 psf | $1,632,500 |
Market Position
THE CALYPSO has recorded 6 sales at an average price of $1,341,333.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at THE CALYPSO typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,411/mo | $1,195,750 | 3.42% |
| 3 BR | $3,873/mo | $1,632,500 | 2.85% |
Loading chart data...
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $1,386 psf | — |
| 2022 | 1 | $1,327 psf | ↓ 4.3% |
| 2023 | 2 | $1,589 psf | ↑ 19.8% |
| 2025 | 1 | $1,812 psf | ↑ 14.0% |
Loading chart data...
The latest reading marks the highest point in this series — THE CALYPSO prices have climbed 30.8% 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.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | $2,551 psf | 551 |
| VELA BAY | 99 years leasehold | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | $2,085 psf | 270 |
| THE BAYSHORE | 99-year leasehold | $1,237 psf | 251 |
| THE GLADES | 99 yrs lease commencing from 2013 | $1,615 psf | 230 |
What Could Work Against You
- With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 30-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: mrt-walkable commuters, long-term hold (10+ yr), freehold / generational hold and first-time hdb upgraders. MRT proximity is the standout commute feature for daily transit users.
For international school families and yield-focused investors, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2005 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
THE CALYPSO is a freehold development in District 16 (OCR), with 30 units, offering a gross yield of 3.3%.
At ~$1,812 psf, it represents a competitive entry point in the OCR segment.
Explore the full THE CALYPSO dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE CALYPSO against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (390m away), an upgrader gap of about $700,000
FAQ
What is the average PSF for THE CALYPSO?
Is THE CALYPSO freehold?
What is the rental yield for THE CALYPSO?
Which MRT is nearest to THE CALYPSO?
Sources & Next Steps
- THE CALYPSO Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) — District 16 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 6 transactions
- Rental data: 24 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2025 · 6 records analysed · Source: URA private-sale caveats