Launch Preview: Kallang Close Residences
Kallang Close Residences is a 99-year leasehold condominium in District 12, developed by Frasers Property & Mitsubishi Estate. The development comprises 470 units ranging from 1 to 5 bedrooms, designed with waterfront living in mind. Located along Kallang Close, it offers residents a rare blend of city-fringe convenience and riverfront tranquillity. Register your interest now for a VIP preview and be among the first to review indicative price benchmarks, explore detailed floor plans, and book a private showflat viewing before the public launch.
Connectivity
Kallang MRT (EW10) is a 6-minute walk, Bendemeer MRT (DT23) 7 minutes, and Boon Keng MRT (NE9) 14 minutes away. Major expressways are easily accessible.
Schools & Lifestyle
Bendemeer Primary School is a 7-minute walk. Hong Wen School (SAP), St. Andrew's Junior and Secondary, Geylang Methodist (Primary), and Bendemeer Secondary are also nearby.
Growth Potential
Located in D12 under the URA master plan, the area is poised for continued transformation with improved connectivity and amenities, enhancing its appeal as a city-fringe residential enclave.
Indicative unit configurations include 1 to 5 bedrooms. Register now to receive the full indicative price sheet and floor plans.
Indicative starting from $1,380,000
All prices are indicative guide prices only, subject to developer confirmation and change without notice. Register below to receive the latest price sheet.
*The information is subject to change and photos/images used are artists' impressions for illustration purposes only.
A Riverfront Sanctuary
Inspired by the nearby Kallang River, the architecture of Kallang Close Residences features fluid lines and expansive glass facades that blur the boundaries between indoors and out. Lush botanical landscaping weaves through the grounds, creating a serene environment that reflects the developer's vision of harmonious waterfront living.
The development integrates seamlessly with the city fringe, offering residents easy access to connectivity while preserving a sense of nature. Family-oriented amenities, including a childcare centre and waterplay areas, foster a vibrant community spirit, making it an ideal home for all generations.
Arrival is marked by a grand porte-cochere and arrival court, leading to lush green trails and wellness sanctuaries. Residents can unwind at the 50m riverfront lap pool, hydrotherapy pool, or sensory garden walk, enjoying private abode comforts in a tranquil setting.
Kallang Close Residences — New Launch Purchase Procedure (8-Step Roadmap)
A structured roadmap from VIP registration and showroom preview to booking day balloting and progressive stage calls. You are currently at Step 2 (Pre-Launch Registration).
Affordability & In-Principle Approval (IPA)
Assess borrowing limits under MAS 55% TDSR, calculate cash/CPF OA reserves, and obtain bank In-Principle Approval (IPA) before viewing for maximum loan budget clarity.
- Bank IPA quantum confirmed
- CPF OA balance & down payment prep
- Stamp duty (BSD/ABSD) funds ready
VIP Registration & Priority Access
Register early interest via Dedicated Project Specialists to secure VIP preview gallery access, launch-stage developer indicative pricing, and booking day ballot privileges.
- VIP priority viewing slot
- Official developer info kit & floor plans
- Eligibility & timeline pre-briefing
Private Showflat Tour & Briefing
Guided walkthrough of show suites to evaluate premium fittings, layouts, acoustic glazing, and orientation relative to surrounding greenery and transit.
- Showflat experiential walkthrough
- Finishes & branded fittings inspection
- Physical scale model & site plan review
Stack Shortlisting & Matrix Strategy
Shortlist 1 to 3 preferred unit types and backup stacks based on sun orientation, floor premiums, and indicative quantum to ensure decisive balloting.
- Floor level premium analysis
- Facing & sun orientation comparison
- Backup selection strategy (Choice 1/2/3)
Booking Day & Option to Purchase (OTP)
Secure choice unit during official balloting with 5% booking fee (via PayNow/Cheque/Cashier’s Order) in exchange for the Option to Purchase (OTP).
- Lock choice unit & stack
- Pay 5% booking deposit
- Receive developer-signed OTP
Exercise S&P Agreement & Stamp Duties
Developer issues S&P within 14 days. Exercise OTP within 3 weeks; pay BSD/ABSD within 14 days of exercise. Complete 15% balance payment within 8–9 weeks from OTP.
- Appoint conveyancing lawyer
- Exercise OTP within 3 weeks
- Pay Stamp Duty (BSD) within 14 days
- Pay 15% balance within 9 weeks
Progressive Payment Scheme (PPS)
Mortgage is called in 5%–10% tranches as BCA/architect certifies completion stages (foundation, concrete, walls, ceiling, plumbing), keeping initial instalments low.
- Architect stage milestone certification
- Bank loan disbursed in tranches
- Monthly mortgage scales gradually
TOP Key Handover & 12-Month DLP
Receive official TOP notice, collect keys, and conduct joint inspection under the developer’s 12-month Defects Liability Period (DLP). Project Specialists assist with handover and leasing.
- Book key collection & inspection
- 12-month defect warranty coverage
- Move in or engage leasing specialist
Kallang Close Residences Mortgage & Affordability Calculator
Indicative monthly instalment — adjust the rate to match your bank's package.
Stamp Duty & Affordability Check
Indicative BSD/ABSD payable and a TDSR affordability check.
New Launch Progressive Payment Timeline & Cashflow Milestones
Dynamic Singapore URA Standard Sale & Purchase Agreement timeline calculating stage call amounts, funding sources (Cash/CPF vs Loan), and progressive amortised monthly instalments.
* Milestone disbursements are indicative and based on Singapore URA/HDB Standard S&P schedules and MAS regulations. Actual drawdowns depend on developer architectural certification, legal conveyancing, and lender packages. Consult a Project Specialist.
Bank In-Principle Approval (IPA) — Why It Is Critical Before Booking
An official conditional loan pre-assessment from major Singapore banks (DBS, OCBC, UOB) establishing your indicative borrowing limits under MAS TDSR (55%) rules, safeguarding booking deposits against loan shortfalls.
New launches require a 5% cash booking fee for the OTP. If loan financing fails before expiry, <strong>25% of this deposit is legally forfeited (losing $20,000 to $50,000+)</strong>. Obtaining an In-Principle Approval (IPA) safeguards your booking deposit against borrowing shortfalls.
Balloting moves fast. An active IPA gives you maximum loan budget clarity, letting you select your preferred stack and floor level with complete confidence.
With an active IPA, banks convert your pre-approval into a formal Letter of Offer within 24–48 hours upon OTP issuance, easily beating the 3-week legal deadline.
FAQ
Kallang Close Residences is a 99-year leasehold condominium.
The development comprises 470 residential units.
Indicative guide prices are not yet released. Register your interest to receive the indicative price sheet when available.
The expected TOP is in 2031.
The development is near Kallang MRT (EW10), Bendemeer MRT (DT23), and Boon Keng MRT (NE9). Major expressways are easily accessible.
Nearby schools include Bendemeer Primary School, Hong Wen School (SAP), St. Andrew's Junior School, Geylang Methodist School (Primary), Bendemeer Secondary School, and St. Andrew's Secondary School.
Developed By: Frasers Property Singapore & Mitsubishi Estate Co., Ltd.
Frasers Property Singapore & Mitsubishi Estate Co., Ltd. form an esteemed joint-venture developer consortium bringing together decades of proven property development excellence, landmark portfolio track records, and superior construction standards in Singapore. Collaborating on Kallang Close Residences, the consortium combines master-planned biophilic architecture, innovative engineering, and functional spatial efficiency to create an iconic residential sanctuary.
VVIP Preview Registration
Register for priority showroom access, draft floor plans & launch-stage pricing for Kallang Close Residences
Huttons Asia Pte Ltd (CEA Licence No. L3008899K) · Bala Murugan (R072904C) & Robert Sim (R071157I)
Nearby & Related New Launches in D12
High-resolution architectural layout · Subject to contract and final survey
REQUEST COMPLETE PRICE SHEET