How Much Does It Cost To Live In The Caldecott GCBA In 2025?
Tucked within Mount Pleasant in District 11, Caldecott Hill was once home to Mediacorp, Singapore’s national broadcaster.
The transmission tower still stands above the ridge — a quiet landmark from the days when television signals defined the skyline.
Today, the land has been marked for redevelopment by Perennial Holdings, with plans for fifteen brand-new Good Class Bungalows on the former broadcast site.
The Caldecott Hill Estate GCBA itself comprises three principal roads — Joan Road, Olive Road and Andrew Road — a compact loop of large freehold plots bordered by Lornie Road and Thomson Road.
Just beyond its western edge lies MacRitchie Reservoir Park, Singapore’s oldest and most storied nature reserve.
For residents who value privacy yet crave the outdoors, the forest trail begins almost at the doorstep.
Geographically, this ridge sits almost at the very centre of Singapore.
From here, Changi Airport is a 25-minute drive east; Woodlands Checkpoint lies about 25 minutes north; Tuas Checkpoint about 30 minutes west; and VivoCity or Sentosa roughly 20 minutes south.
It is one of the few GCB areas where every destination feels equidistant — close to everything, yet surrounded by green silence.
Past Transactions
Over the past five years, only a handful of homes around Caldecott Close and Andrew Road have changed hands.
| Year | Address | Land (sqft) | PSF | Price |
|---|---|---|---|---|
| 2025 | ** Joan Road | 39,277 | $1,477 | $58,000,000 |
| 2022 | ** Olive Road | 27,909 | $1,800 | $50,236,200 |
| 2022 | ** Andrew Road | 26,934 | $1,225 | $33,000,000 |
| 2021 | ** Olive Road | 23,424 | $1,537 | $36,000,000 |
Cost Breakdown
| Tier | Land Size | Low Estimate ($) | High Estimate ($) |
|---|---|---|---|
| Entry | 15,000 sqft | $18.4 M | $27 M |
| Mid | 20,000 sqft | $24.6 M | $36 M |
| Trophy | 25,000 sqft + | $30.7 M + | $45 M + |
Note: Figures are based on the lowest and highest land rates observed from past transactions in Caldecott Hill Estate.
Multiplying those $ psf ranges by typical GCB plot sizes gives a sense of what each tier — entry, mid, and trophy — might cost today.
These estimates are non-indicative and can vary significantly depending on the date of transaction, zoning classification, land regularity, elevation, and the physical state of the property at the time of sale.
Financing Breakdown
| Tier | Purchase Price | Loan Amount (75%) | Monthly Repayment (Est.) |
|---|---|---|---|
| Entry | $18,000,000 | $13,500,000 | $49,900 / month |
| Mid | $30,000,000 | $22,500,000 | $83,200 / month |
| Trophy | $45,000,000 | $33,750,000 | $124,900 / month |
Financing estimates are computed using a baseline of 2% annual interest, 75% Loan-to-Value (LTV), and a 30-year tenure.
Under current MAS guidelines, borrowers up to age 65 may qualify for the maximum 75% LTV, provided the loan tenure does not extend beyond that age.
Once the effective loan period crosses 65, the allowable LTV is automatically reduced to 55%, regardless of income or existing property ownership.
These limits work alongside the Total Debt Servicing Ratio (TDSR) framework, which caps total monthly debt obligations at 55% of gross income.
As a result, few buyers in this segment achieve full leverage — most rely on shorter tenures and substantial cash outlays.
So, how much does it cost to live at Caldecott Hill Estate?
At today’s levels, a typical 15,000-sqft plot sits between $18 million and $27 million.
The hill remains quiet — a holdover from an earlier generation of landed wealth, halfway between the city’s heartbeat and its reservoir.
