Swee Homes

Caspian

Caspian is a condominium in District 22 (Boon Lay / Jurong / Tuas), in the Outside Central Region. In the 12 months to August 2026, the median price was S$1,620 psf from 15 sales.

At a glance

District
District 22 (Boon Lay / Jurong / Tuas)
Region
Outside Central Region
Type
Condominium
Tenure
99-year lease from 2008, about 81 years left
Completed
2012, about 14 years old

What the prices say

The median home in Caspian sold for S$2,060,000: the middle of 15 sales in the 12 months to August 2026.

That is a little above the middle condo project in District 22 (Boon Lay / Jurong / Tuas), which sold at S$1,560 psf across 18 projects: about 4% higher. By price per square foot it ranks 9th of the 17 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,175 psf in 2021 (39 sales) and S$1,616 psf in 2026 so far (11 sales), up about 38%. The highest year in the record was 2025 at S$1,531 psf.

Higher floors sold for more here: floors 11 to 15 at S$1,608 psf against S$1,494 psf on floors 1 to 5, about 8% more per square foot (24 months).

By unit size (24 months): 900 to 1,199 sq ft at S$1,548 psf and 1,200 to 1,499 sq ft at S$1,556 psf. Price per square foot was similar across sizes.

Against similar projects in the district

This project and the three others in District 22 (Boon Lay / Jurong / Tuas) whose median over the last 12 months is closest to Caspian's S$1,620 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,645 psf, about the same as Caspian (within 2%).

Projects in District 22 (Boon Lay / Jurong / Tuas) closest in price to Caspian, 12 months to August 2026
ProjectMedian price per sq ftSales
CaspianS$1,620 psf15
The CentrisS$1,645 psf20
The LakeshoreS$1,500 psf36
The Lakefront ResidencesS$1,753 psf17

What sells here

15 homes sold in the last 12 months, down from 23 in the 12 months before.

The most common size was 1,200 to 1,499 sq ft, with 20 of the 38 sales in the last 24 months, close to half.

None of the 38 sales in the last 24 months were first sales of new units: all 38 were resales.

The first new sale in our records was in February 2009.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$5,000 a month (160 contracts). The district's median across every contract was S$4,600, so rents here ran noticeably above it: about 9% higher.

Over the 24 months the median rent was S$4,999 (299 contracts), the same as the latest 12 months.

By bedrooms: 2 bedrooms S$4,400 (72), 3 bedrooms S$5,200 (51) and 4 or more bedrooms S$6,650 (29). The figure in brackets is the number of contracts.

Setting rent against price for 1,200 to 1,499 sq ft homes (57 rentals and 9 resale or sub-sale transactions) gives a gross yield estimate of 3.1%: a median rent of S$5,300 a month against a median price of S$2,055,000. It is before maintenance, vacancy, tax and loan costs, and it uses middle values, so a particular home can differ.

Age and lease

6 other projects in District 22 (Boon Lay / Jurong / Tuas) were completed within 5 years of Caspian and have a price. Their middle price was S$1,699 psf, so Caspian sold a little below projects of a similar age: about 5% lower.

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Caspian. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Caspian?

S$1,620 psf in the 12 months to August 2026, from 15 sales. For the median home that is S$2,060,000.

How many homes sold in Caspian?

15 in the last 12 months and 38 in the last 24 months, across all sale types.

What do homes in Caspian rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$5,000 a month, from 160 contracts.

What is the rental yield in Caspian?

Between 3.1% and 3.1% gross, depending on unit size. It is an estimate before costs, made from the median recorded rent and the median resale or sub-sale price for each size range.

How much lease is left in Caspian?

It is a 99-year lease from 2008, which leaves about 81 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Caspian
PeriodMedian price per sq ftMedian priceSales
Last 12 monthsS$1,620 psfS$2,060,00015
Last 24 monthsS$1,559 psfS$1,950,00038
Last 5 yearsS$1,380 psfS$1,641,500116

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Caspian
YearMedian price per sq ftSales
2021S$1,175 psf39
2022S$1,267 psf37
2023S$1,448 psf15
2024S$1,490 psf15
2025S$1,531 psf22
2026 (to August)S$1,616 psf11

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Caspian, last 24 months
Floor rangeMedian price per sq ftSales
Floors 1 to 5S$1,494 psf12
Floors 6 to 10S$1,563 psf11
Floors 11 to 15S$1,608 psf11

Price by unit size

Median price per sq ft by unit size for Caspian, last 24 months
SizeMedian price per sq ftSales
900 to 1,199 sq ftS$1,548 psf13
1,200 to 1,499 sq ftS$1,556 psf20

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rent against price for Caspian, by size

Rents

Rents for Caspian
PeriodMedian rentContracts
Last 12 monthsS$5,000 a month160
Last 24 monthsS$4,999 a month299
Rents for Caspian by bedrooms
BedroomsMedian rent, 12 monthsContractsMedian rent, 24 months
1 bedroomUnder 5 contracts0Under 5 contracts
2 bedroomsS$4,400 a month72S$4,350 a month
3 bedroomsS$5,200 a month51S$5,200 a month
4 or more bedroomsS$6,650 a month29S$6,600 a month

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Caspian, with a likely range and the recent sales behind it. Sign in is free.

Open Caspian in Condo Atlas

Other condos in District 22 (Boon Lay / Jurong / Tuas)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.