LAKEVILLE
UrbanLens Analysis
LAKEVILLE trades at $1,762 PSF, sitting 27% above the District 22 median of $1,392 PSF. At 7 minutes from Lakeside MRT (536m), transit access is passable but not a differentiator. SORA fetches $2,230 PSF nearby -- that 21% gap frames LAKEVILLE's relative value proposition.
A 12.0% appreciation over two years is healthy without looking frothy. 62 transactions over two years gives deep liquidity and reliable pricing signals. For context, THE LAKESHORE has gained 15.7% over the same period.
Roughly 86 years of lease remain. That is comfortably long -- no financing haircuts, no CPF restrictions, no urgency to the timeline. Gross yield of 3.9% beats the OCR average of 3.4%. With $4,497/month median rent, income-focused buyers have a real case here.
The 696-unit scale means deep amenities and low per-unit maintenance, but mass listings during market dips can weigh on pricing.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| SORA | $2,230 | — | 0.0% |
| THE LAKEGARDEN RESIDENCES | $2,187 | — | +3.9% |
| WESTWOOD RESIDENCES | $1,340 | — | +11.0% |
| LAKE GRANDE | $1,851 | 4.3% | +9.3% |
| THE LAKESHORE | $1,474 | 3.7% | +15.7% |
PSF Trend
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