LAGOON VIEW

MARINE PARADE ROAD
RESALE CONDODistrict 15
Siglap MRT · 5 min walk (388m)OCR99 yrs lease commencing from 1977
Total Units
480
2Y PSF Change
+0.2%
12 txns in 24m
Lease Remaining
50 yrs
99 yrs lease commencing from 1977
Median PSF
1,106
10.3% QoQ
Total Sales
41
since 2021-02
Price Range
$1.6M$2.1M
all-time
Unit Size
1,647 sqft
Floors 121
PSF MOVEMENT ALERT — 2025-Q4
Median PSF rose 10.3% quarter-on-quarter (from $1,087 in 2025-Q2 to $1,199 in 2025-Q4). Only 1 transaction this quarter — the move likely reflects thin volume rather than a trend shift.

UrbanLens Analysis

LAGOON VIEW trades at $1,156 PSF, sitting NaN% below the District 15 median of $0 PSF. The 5-minute walk to Siglap MRT (388m) is a tangible lifestyle and resale advantage.

The +0.2% two-year price movement is negligible -- neither bullish nor bearish. With 12 deals in two years, the pricing data has reasonable statistical weight.

Only ~50 years left on the lease. LTV ratios tighten, CPF usage faces restrictions, and the realistic buyer pool compresses. A discount to freehold peers is warranted. 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.

The 480-unit scale delivers broad facilities and solid transaction depth, but large blocks occasionally create pricing headwinds during softer markets. In the Outside Central region, price sensitivity runs high. The value-for-money equation must be compelling to attract buyers.

PSF Trend

Quarterly
1,105
2023-Q4
1,162
2024-Q1
1,075
2024-Q2
1,199
2024-Q3
1,148
2024-Q4
1,114
2025-Q1
1,087
2025-Q2
1,199
2025-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Dec 2025
DatePriceSizePSFFloor
Dec 2025$1,975,0001,647 sqft$1,19916-20
May 2025$1,880,0001,647 sqft$1,14206-10
Apr 2025$1,700,0001,647 sqft$1,03211-15
Mar 2025$1,970,0001,647 sqft$1,19621-25
Jan 2025$1,700,0001,647 sqft$1,03211-15
Dec 2024$1,700,0001,647 sqft$1,03221-25
Nov 2024$2,080,0001,647 sqft$1,26311-15
Aug 2024$2,000,0001,647 sqft$1,21416-20
Jul 2024$1,950,0001,647 sqft$1,18416-20
Apr 2024$1,770,0001,647 sqft$1,07501-05
Showing 10 of 41 transactions

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