JERSEY LODGE

LORONG J TELOK KURAU
RESALE CONDODistrict 15
Kembangan MRT · 10 min walk (810m)OCRFreehold
Total Units
28
2Y PSF Change
+0.0%
1 txns in 24m
vs District
-19%
D15 median: $1,689
Median PSF
1,246
13.1% QoQ
Total Sales
4
since 2021-03
Price Range
$1.3M$1.6M
all-time
Unit Size
1,141 sqft
Floors 11
PSF MOVEMENT ALERT — 2024-Q3
Median PSF rose 13.1% quarter-on-quarter (from $1,208 in 2021-Q2 to $1,366 in 2024-Q3). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

JERSEY LODGE trades at $1,366 PSF, sitting 19% below the District 15 median of $1,689 PSF. At 10 minutes from Kembangan MRT (810m), transit access is passable but not a differentiator. MEYER BLUE fetches $3,205 PSF nearby -- that 57% gap frames JERSEY LODGE's relative value proposition.

The +0.0% two-year price movement is negligible -- neither bullish nor bearish. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals. For context, THE CONTINUUM has gained 5.0% over the same period.

Freehold tenure eliminates lease-decay risk entirely -- no CPF restrictions, no LTV erosion, no shrinking buyer pool as the asset ages. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At just 28 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit.

Nearby Comparables

DevelopmentMedian PSFYield2Y Change
EMERALD OF KATONG$2,6280.0%
THE CONTINUUM$2,869+5.0%
GRAND DUNMAN$2,533+0.4%
TEMBUSU GRAND$2,419-1.7%
MEYER BLUE$3,2050.0%

PSF Trend

Quarterly
1,201
2021-Q1
1,208
2021-Q2
1,366
2024-Q3

Recent Transactions

Data refreshed monthly · Last transaction: Aug 2024
DatePriceSizePSFFloor
Aug 2024$1,588,0001,163 sqft$1,36601-05
Jun 2021$1,320,0001,098 sqft$1,20201-05
Apr 2021$1,410,0001,163 sqft$1,21301-05
Mar 2021$1,370,0001,141 sqft$1,20101-05
Showing 4 of 4 transactions

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